Mangata Holding S.A. (WSE:MGT) Has Attractive Fundamentals

Attractive stocks have exceptional fundamentals. In the case of Mangata Holding S.A. (WSE:MGT), there’s is a company with great financial health as well as a a great track record of performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my broad commentary, take a look at the report on Mangata Holding here.

Excellent balance sheet with proven track record

MGT is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that MGT manages its cash and cost levels well, which is a crucial insight into the health of the company. MGT seems to have put its debt to good use, generating operating cash levels of 0.63x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

WSE:MGT Income Statement, August 30th 2019
WSE:MGT Income Statement, August 30th 2019

Next Steps:

For Mangata Holding, I’ve put together three important aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for MGT’s future growth? Take a look at our free research report of analyst consensus for MGT’s outlook.
  2. Valuation: What is MGT worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether MGT is currently mispriced by the market.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of MGT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.