Why quality investors should have a look at TRANE TECHNOLOGIES PLC (NYSE:TT).

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

Some of the quality metrics of NYSE:TT highlighted

• TRANE TECHNOLOGIES PLC has demonstrated significant revenue growth over the past 5 years, with a 7.45% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
• With a notable ROIC excluding cash and goodwill at 91.53%, TRANE TECHNOLOGIES PLC demonstrates its commitment to generating sustainable returns for shareholders. This metric emphasizes the company's effective use of capital and its ability to deliver long-term value.
• With a favorable Debt/Free Cash Flow Ratio of 2.13, TRANE TECHNOLOGIES PLC 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.
• The Profit Quality (5-year) of TRANE TECHNOLOGIES PLC stands at 107.0%, 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.
• TRANE TECHNOLOGIES PLC has experienced impressive EBIT growth over the past 5 years, with 13.21% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
• TRANE TECHNOLOGIES PLC demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

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

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to TT. TT was compared to 40 industry peers in the Building Products industry. TT scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, TT is valued expensive at the moment.

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

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Disclaimer

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.