Looking for growth without the hefty price tag? Consider NASDAQ:PODD.

Our stock screening tool has pinpointed INSULET CORP (NASDAQ:PODD) as a growth stock that isn't overvalued. NASDAQ:PODD is excelling in various growth indicators while maintaining a solid financial footing. Furthermore, it remains attractively priced. Let's delve into the specifics below.

Understanding NASDAQ:PODD's Growth Score

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:PODD boasts a 8 out of 10:

• The Earnings Per Share has grown by an impressive 129.49% over the past year.
• The Earnings Per Share has been growing by 122.39% on average over the past years. This is a very strong growth
• PODD shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.42%.
• The Revenue has been growing by 24.66% on average over the past years. This is a very strong growth!
• The Earnings Per Share is expected to grow by 18.91% on average over the next years. This is quite good.
• Based on estimates for the next years, PODD will show a quite strong growth in Revenue. The Revenue will grow by 16.93% on average per year.

What does the Valuation looks like for NASDAQ:PODD

To assess a stock's valuation, ChartMill utilizes a Valuation Rating on a scale of 0 to 10. This comprehensive assessment considers various valuation aspects, comparing price to earnings and cash flows, while factoring in profitability and growth. NASDAQ:PODD has achieved a 5 out of 10:

• 65.96% of the companies in the same industry are more expensive than PODD, based on the Price/Earnings ratio.
• Based on the Price/Forward Earnings ratio, PODD is valued a bit cheaper than the industry average as 67.55% of the companies are valued more expensively.
• Compared to an average S&P500 Price/Forward Earnings ratio of 96.73, PODD is valued a bit cheaper.
• Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PODD indicates a somewhat cheap valuation: PODD is cheaper than 65.96% of the companies listed in the same industry.
• Based on the Price/Free Cash Flow ratio, PODD is valued a bit cheaper than 69.68% of the companies in the same industry.
• PODD has an outstanding profitability rating, which may justify a higher PE ratio.
• A more expensive valuation may be justified as PODD's earnings are expected to grow with 22.04% in the coming years.

Health Assessment of NASDAQ:PODD

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:PODD has achieved a 6 out of 10:

• PODD has an Altman-Z score of 7.72. This indicates that PODD is financially healthy and has little risk of bankruptcy at the moment.
• PODD's Altman-Z score of 7.72 is amongst the best of the industry. PODD outperforms 86.70% of its industry peers.
• PODD's Debt to FCF ratio of 6.41 is fine compared to the rest of the industry. PODD outperforms 75.00% of its industry peers.
• PODD has a Current Ratio of 3.68. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
• PODD has a better Current ratio (3.68) than 67.02% of its industry peers.
• A Quick Ratio of 2.80 indicates that PODD has no problem at all paying its short term obligations.
• PODD's Quick ratio of 2.80 is fine compared to the rest of the industry. PODD outperforms 61.17% of its industry peers.

Profitability Assessment of NASDAQ:PODD

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:PODD scores a 8 out of 10:

• PODD's Return On Assets of 13.91% is amongst the best of the industry. PODD outperforms 94.68% of its industry peers.
• With an excellent Return On Equity value of 37.65%, PODD belongs to the best of the industry, outperforming 98.94% of the companies in the same industry.
• PODD's Return On Invested Capital of 8.69% is amongst the best of the industry. PODD outperforms 88.30% of its industry peers.
• The last Return On Invested Capital (8.69%) for PODD is above the 3 year average (4.58%), which is a sign of increasing profitability.
• Looking at the Profit Margin, with a value of 21.22%, PODD belongs to the top of the industry, outperforming 93.62% of the companies in the same industry.
• In the last couple of years the Profit Margin of PODD has grown nicely.
• PODD has a Operating Margin of 15.42%. This is amongst the best in the industry. PODD outperforms 85.11% of its industry peers.
• PODD's Operating Margin has improved in the last couple of years.
• PODD has a Gross Margin of 69.36%. This is in the better half of the industry: PODD outperforms 79.79% of its industry peers.

More Affordable Growth stocks can be found in our Affordable Growth screener.

Our latest full fundamental report of PODD contains the most current fundamental analsysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.