I’ve been keeping an eye on Cortex Business Solutions Inc (CVE:CBX) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe CBX has a lot to offer. Basically, it is a company that has been able to sustain great financial health, trading at an attractive share price. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Cortex Business Solutions here.
Undervalued with excellent balance sheet
CBX’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This implies that CBX manages its cash and cost levels well, which is a crucial insight into the health of the company. CBX seems to have put its debt to good use, generating operating cash levels of 53.7x 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. CBX’s share price is trading at below its true value, meaning that the market sentiment for the stock is currently bearish. According to my intrinsic value of the stock, which is driven by analyst consensus forecast of CBX’s earnings, investors now have the opportunity to buy into the stock to reap capital gains. Compared to the rest of the software industry, CBX is also trading below its peers, relative to earnings generated. This bolsters the proposition that CBX’s price is currently discounted.
For Cortex Business Solutions, I’ve compiled three key factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for CBX’s future growth? Take a look at our free research report of analyst consensus for CBX’s outlook.
- Historical Performance: What has CBX’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CBX? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at email@example.com.