Investors should take note of NASDAQ:STAA, a growth stock that remains attractively priced.

Uncover the potential of STAAR SURGICAL CO (NASDAQ:STAA), a growth stock that our stock screener found to be reasonably priced. NASDAQ:STAA is excelling in growth aspects, maintaining a healthy financial position, and still offers an attractive valuation. We'll examine each aspect in detail.

Exploring NASDAQ:STAA's Growth

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:STAA boasts a 8 out of 10:

• The Earnings Per Share has grown by an impressive 62.71% over the past year.
• STAA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.10% yearly.
• STAA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.00%.
• Measured over the past years, STAA shows a very strong growth in Revenue. The Revenue has been growing by 21.06% on average per year.
• The Earnings Per Share is expected to grow by 26.82% on average over the next years. This is a very strong growth
• The Revenue is expected to grow by 14.86% on average over the next years. This is quite good.

Exploring NASDAQ:STAA's Valuation

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:STAA has achieved a 5 out of 10:

• STAA's Price/Earnings ratio is a bit cheaper when compared to the industry. STAA is cheaper than 78.49% of the companies in the same industry.
• Based on the Price/Forward Earnings ratio, STAA is valued a bit cheaper than 72.58% of the companies in the same industry.
• Based on the Enterprise Value to EBITDA ratio, STAA is valued a bit cheaper than 69.89% of the companies in the same industry.
• Compared to the rest of the industry, the Price/Free Cash Flow ratio of STAA indicates a somewhat cheap valuation: STAA is cheaper than 76.34% of the companies listed in the same industry.
• The decent profitability rating of STAA may justify a higher PE ratio.
• A more expensive valuation may be justified as STAA's earnings are expected to grow with 20.98% in the coming years.

Analyzing Health Metrics

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NASDAQ:STAA, the assigned 8 reflects its health status:

• An Altman-Z score of 9.06 indicates that STAA is not in any danger for bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 9.06, STAA belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
• There is no outstanding debt for STAA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• STAA has a Current Ratio of 5.99. This indicates that STAA is financially healthy and has no problem in meeting its short term obligations.
• STAA's Current ratio of 5.99 is amongst the best of the industry. STAA outperforms 80.11% of its industry peers.
• A Quick Ratio of 5.38 indicates that STAA has no problem at all paying its short term obligations.
• STAA's Quick ratio of 5.38 is amongst the best of the industry. STAA outperforms 80.65% of its industry peers.

Profitability Analysis for NASDAQ:STAA

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:STAA scores a 7 out of 10:

• STAA has a Return On Assets of 4.05%. This is in the better half of the industry: STAA outperforms 78.49% of its industry peers.
• The Return On Equity of STAA (5.09%) is better than 76.88% of its industry peers.
• STAA has a better Return On Invested Capital (4.05%) than 74.73% of its industry peers.
• STAA has a Profit Margin of 6.38%. This is in the better half of the industry: STAA outperforms 77.42% of its industry peers.
• STAA's Profit Margin has improved in the last couple of years.
• STAA has a Operating Margin of 7.53%. This is in the better half of the industry: STAA outperforms 74.19% of its industry peers.
• STAA's Operating Margin has improved in the last couple of years.
• STAA's Gross Margin of 78.73% is amongst the best of the industry. STAA outperforms 91.94% of its industry peers.

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

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

Keep in mind

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.