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These Fundamentals Make Genting Singapore Limited (SGX:G13) Truly Worth Looking At

Genting Singapore Limited (SGX:G13) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of G13, it is a company with great financial health as well as a an impressive history of performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Genting Singapore here.

Flawless balance sheet with solid track record

In the previous year, G13 has ramped up its bottom line by 26%, with its latest earnings level surpassing its average level over the last five years. Not only did G13 outperformed its past performance, its growth also exceeded the Hospitality industry expansion, which generated a -11% earnings growth. This is an notable feat for the company. G13’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that G13 manages its cash and cost levels well, which is a crucial insight into the health of the company. G13 appears to have made good use of debt, producing operating cash levels of 1.1x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

SGX:G13 Income Statement, March 2nd 2019
SGX:G13 Income Statement, March 2nd 2019

Next Steps:

For Genting Singapore, I’ve compiled three essential factors you should further examine:

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  1. Future Outlook: What are well-informed industry analysts predicting for G13’s future growth? Take a look at our free research report of analyst consensus for G13’s outlook.

  2. Valuation: What is G13 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 G13 is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of G13? 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.