Why TRANE TECHNOLOGIES PLC (NYSE:TT) Deserves Consideration as a Quality Investment.

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.

Highlighting Notable Quality Metrics of NYSE:TT.

• Over the past 5 years, TRANE TECHNOLOGIES PLC has experienced impressive revenue growth, with 7.45% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
• TRANE TECHNOLOGIES PLC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 99.68% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
• TRANE TECHNOLOGIES PLC maintains a healthy Debt/Free Cash Flow Ratio of 1.85, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
• TRANE TECHNOLOGIES PLC demonstrates consistent Profit Quality over the past 5 years, with a strong 107.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
• TRANE TECHNOLOGIES PLC has consistently achieved strong EBIT growth over the past 5 years, with a 13.21% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• TRANE TECHNOLOGIES PLC 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.

Zooming in on the fundamentals.

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 41 industry peers in the Building Products industry. TT gets an excellent profitability rating and is at the same time showing great financial health properties. TT is quite expensive at the moment. It does show a decent growth rate. This makes TT very considerable for quality investing!

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

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

Keep in mind

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.