Exploring WABTEC CORP (NYSE:WAB)s quality characteristics.

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

What matters for quality investors.

• The 5-year revenue growth of WABTEC CORP has been remarkable, with 17.27% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
• WABTEC CORP demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 45.79% 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 WABTEC CORP stands at 2.52, 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 WABTEC CORP stands at 169.0%, 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.
• WABTEC CORP has consistently achieved strong EBIT growth over the past 5 years, with a 23.66% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• WABTEC CORP 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.

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

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

WAB gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 129 industry peers in the Machinery industry. WAB scores excellent on profitability, but there are some minor concerns on its financial health. WAB is not valued too expensively and it also shows a decent growth rate.

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

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

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.