Yahoo Finance Halma plc (LON:HLMA): The Best Of Both Worlds
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Halma plc (LON:HLMA) 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 HLMA, it is a company with great financial health as well as a an impressive track record 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, take a look at the report on Halma here.
Flawless balance sheet with solid track record
HLMA delivered a bottom-line expansion of 20% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did HLMA outperformed its past performance, its growth also exceeded the Electronic industry expansion, which generated a 14% earnings growth. This is an notable feat for the company. HLMA is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that HLMA manages its cash and cost levels well, which is a crucial insight into the health of the company. HLMA's has produced operating cash levels of 0.74x total debt over the past year, which implies that HLMA's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Next Steps:
For Halma, I've put together three fundamental aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for HLMA’s future growth? Take a look at our free research report of analyst consensus for HLMA’s outlook.
Valuation: What is HLMA 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 HLMA is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HLMA? 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.
