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.

Why NYSE:PH may be interesting for quality investors.

• PARKER HANNIFIN CORP has achieved substantial revenue growth over the past 5 years, with a 6.83% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
• PARKER HANNIFIN CORP demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 89.64% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
• With a favorable Debt/Free Cash Flow Ratio of 3.31, PARKER HANNIFIN CORP showcases its sound financial discipline and cash flow management. This ratio indicates the company's ability to service its debt obligations while maintaining sufficient free cash flow for future investments or operational needs.
• With a robust Profit Quality (5-year) ratio of 137.0%, PARKER HANNIFIN CORP highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
• PARKER HANNIFIN CORP has consistently achieved strong EBIT growth over the past 5 years, with a 13.85% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• 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.

How does the complete fundamental picture look for NYSE:PH?

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to PH. PH was compared to 131 industry peers in the Machinery industry. While PH belongs to the best of the industry regarding profitability, 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.

For an up to date full fundamental analysis you can check the fundamental report of PH

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

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.