Flawless balance sheet with proven track record
In the past couple of years, QCA has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. Not only did QCA outperformed its past performance, its growth also surpassed the Capital Markets industry expansion, which generated a -4.89% earnings growth. This paints a buoyant picture for the company. QCA is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. QCA currently has no debt on its balance sheet. This implies that the company is running its operations purely on off equity funding. which is typically normal for a small-cap company. QCA has plenty of financial flexibility, without debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future.
For Quinsam Capital, I’ve put together three important aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for QCA’s future growth? Take a look at our free research report of analyst consensus for QCA’s outlook.
- Valuation: What is QCA 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 QCA is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of QCA? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!