Is RESMED INC (NYSE:RMD) suited for quality investing?

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

Highlighting Notable Quality Metrics of NYSE:RMD.

• RESMED INC has shown strong performance in revenue growth over the past 5 years, with a 12.44% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
• RESMED INC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 46.86% 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 RESMED INC stands at 0.55, 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.
• The Profit Quality (5-year) of RESMED INC stands at 91.2%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
• RESMED INC has experienced impressive EBIT growth over the past 5 years, with 16.83% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
• RESMED INC has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

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

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.

Overall RMD gets a fundamental rating of 7 out of 10. We evaluated RMD against 187 industry peers in the Health Care Equipment & Supplies industry. Both the health and profitability get an excellent rating, making RMD a very profitable company, without any liquidiy or solvency issues. RMD has a decent growth rate and is not valued too expensively. This makes RMD very considerable for quality investing!

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

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

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.