Yahoo Movies These Fundamentals Make Noah Holdings Limited (NYSE:NOAH) Truly Worth Looking At
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Noah Holdings Limited (NYSE:NOAH) due to its excellent fundamentals in more than one area. NOAH is a company with strong financial health as well as a buoyant growth outlook. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Noah Holdings here.
High growth potential with excellent balance sheet
Investors in search for stocks with room to flourish should look no further than NOAH, with its expected earnings growth of 25% which is expected to flow into an impressive return on equity of 20% over the next couple of years. NOAH’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that NOAH has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. NOAH appears to have made good use of debt, producing operating cash levels of 2.75x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Next Steps:
For Noah Holdings, I’ve put together three relevant aspects you should further research:
Historical Performance: What has NOAH’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 NOAH 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 NOAH is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NOAH? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
