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Why Technogym SpA (BIT:TGYM) is an interesting investment to consider

Why Technogym SpA (BIT:TGYM) is an interesting investment to consider

Technogym SpA (BIT:TGYM) is a company with exceptional fundamental characteristics. When developing an investment case for a stock, we need to look at various aspects. In the case of TGYM, it is a company with excellent financial health as well as an impressive performance history. Below I’ve covered some key aspects that you need to know at a high level. For those who want to understand where the numbers come from and see the analysis, take a look at the report on Technogym here.

Excellent track record with strong track record

Over the past year, TGYM grew its net income by 53%, with its latest profit level surpassing its average level over the past five years. This illustrates a strong track record, leading to a satisfactory return on equity of 45%. which is an optimistic signal for the future. TGYM’s strong financial health means that all of its future liability payments can be covered by its current cash flow and short-term investments. This indicates that TGYM has sufficient cash flow and appropriate cash management, which is an important determinant of business health. TGYM appears to have made good use of debt, generating operating cash levels equal to 0.55 times total debt over the past year. This clearly indicates that the debt is reasonably satisfied with the cash generated.

BIT: TGYM income statement, August 2, 2019BIT: TGYM income statement, August 2, 2019

BIT: TGYM income statement, August 2, 2019

Next steps:

For Technogym, I have gathered three important aspects that you should further research:

  1. Future prospects: What do knowledgeable industry analysts predict for TGYM’s future growth? Take a look at our free analyst consensus research report for TGYM’s outlook.

  2. Assessment: What is TGYM worth today? Is the stock undervalued, even when its growth prospects are factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether TGYM is currently mispriced.

  3. Other Attractive Alternatives : Are there other whole stocks you could hold instead of TGYM? Explore our interactive list of high potential titles to get an idea of ​​what you may be missing!

Our goal is to provide you with long-term, focused research analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material.

If you spot an error that merits correction, please contact the editor at [email protected]. This Simply Wall St article is general in nature. It does not constitute a recommendation to buy or sell shares and does not take into account your objectives or your financial situation. Simply Wall St has no position in any stocks mentioned. Thanks for the reading.