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Attractive stocks have exceptional fundamentals. In the case of Cadsys (India) Limited (NSE:CADSYS), there’s is a company with great financial health as well as a a great history of performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Cadsys (India) here.
Flawless balance sheet with proven track record
Over the past year, CADSYS has grown its earnings by 68%, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, CADSYS also outperformed its industry, which delivered a growth of 29%. This paints a buoyant picture for the company. CADSYS’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 indicates that CADSYS has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. CADSYS’s has produced operating cash levels of 1.1x total debt over the past year, which implies that CADSYS’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Next Steps:
For Cadsys (India), I’ve put together three fundamental factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for CADSYS’s future growth? Take a look at our free research report of analyst consensus for CADSYS’s outlook.
- Valuation: What is CADSYS 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 CADSYS is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CADSYS? 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.