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Attractive stocks have exceptional fundamentals. In the case of InterGlobe Aviation Limited (NSE:INDIGO), there’s is a company with robust financial health as well as a excellent future outlook. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, read the full report on InterGlobe Aviation here.
Exceptional growth potential with excellent balance sheet
INDIGO is an attractive stock for growth-seeking investors, with an expected earnings growth of 73% in the upcoming year. This growth in the bottom-line is bolstered by an impressive top-line expansion of 60% over the same period, which is a sustainable driver of high-quality earnings, as opposed to pure cost-cutting activities. INDIGO’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 INDIGO manages its cash and cost levels well, which is an important determinant of the company’s health. INDIGO’s has produced operating cash levels of 1.59x total debt over the past year, which implies that INDIGO’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For InterGlobe Aviation, there are three essential aspects you should look at:
- Historical Performance: What has INDIGO’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.
- Valuation: What is INDIGO 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 INDIGO is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of INDIGO? 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 email@example.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.