Yahoo Finance Tricorn Group plc (LON:TCN): Commentary On Fundamentals
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Attractive stocks have exceptional fundamentals. In the case of Tricorn Group plc (LON:TCN), there's is a company with great financial health as well as a a strong history of performance. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Tricorn Group here.
Excellent balance sheet with solid track record
In the past couple of years, TCN has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. Not only did TCN outperformed its past performance, its growth also surpassed the Machinery industry expansion, which generated a 13% earnings growth. This is what investors like to see! TCN's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. TCN appears to have made good use of debt, producing operating cash levels of 0.34x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Next Steps:
For Tricorn Group, there are three relevant aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for TCN’s future growth? Take a look at our free research report of analyst consensus for TCN’s outlook.
Valuation: What is TCN 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 TCN is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TCN? 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.
