Why Quality-Oriented Investors Should Consider NYSE:PH.

In this article we will dive into PARKER HANNIFIN CORP (NYSE:PH) as a possible candidate for quality investing. Investors should always do their own research, but we noticed PARKER HANNIFIN CORP showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Some of the quality metrics of NYSE:PH highlighted

• PARKER HANNIFIN CORP has demonstrated significant revenue growth over the past 5 years, with a 6.83% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
• PARKER HANNIFIN CORP demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 95.8% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
• The Debt/Free Cash Flow Ratio of PARKER HANNIFIN CORP stands at 3.54, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
• PARKER HANNIFIN CORP demonstrates consistent Profit Quality over the past 5 years, with a strong 137.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
• The 5-year EBIT growth of PARKER HANNIFIN CORP has been remarkable, with 13.85% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
• PARKER HANNIFIN CORP has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

What else is there to say on the fundamentals of NYSE:PH?

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

PH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. PH has an excellent profitability rating, but there are some minor concerns on its financial health. PH is valied quite expensively at the moment, while it does show a decent growth rate.

Check the latest full fundamental report of PH for a complete fundamental analysis.

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.