Reasonable growth and debt and a high ROIC for TRANSCAT INC (NASDAQ:TRNS).

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if TRANSCAT INC (NASDAQ:TRNS) is suited for quality investing. Investors should of couse do their own research, but we spotted TRANSCAT INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Why NASDAQ:TRNS may be interesting for quality investors.

• The 5-year revenue growth of TRANSCAT INC has been remarkable, with 8.25% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
• With a robust ROIC excluding cash and goodwill at 17.04%, TRANSCAT INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
• With a Debt/Free Cash Flow Ratio of 3.82, TRANSCAT INC exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
• The Profit Quality (5-year) of TRANSCAT INC stands at 98.88%, 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.
• With a robust 5-year EBIT growth of 12.8%, TRANSCAT INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
• TRANSCAT INC 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.

Fundamental analysis of NASDAQ:TRNS

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.

TRNS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 52 industry peers in the Trading Companies & Distributors industry. TRNS has an excellent financial health rating, but there are some minor concerns on its profitability. TRNS is quite expensive at the moment. It does show a decent growth rate.

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

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

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.