Unlock stock picks and a broker-level newsfeed that powers Wall Street.

These Factors Make Advanced Enzyme Technologies Limited (NSE:ADVENZYMES) An Interesting Investment

In This Article:

Advanced Enzyme Technologies Limited (NSE:ADVENZYMES) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ADVENZYMES, it is a company with great financial health as well as a a great history of performance. Below is a brief commentary on these key aspects. For those interested in digging a bit deeper into my commentary, read the full report on Advanced Enzyme Technologies here.

Flawless balance sheet with proven track record

Over the past year, ADVENZYMES has grown its earnings by 23%, with its most recent figure exceeding its annual average over the past five years. Not only did ADVENZYMES outperformed its past performance, its growth also surpassed the Chemicals industry expansion, which generated a 16% earnings growth. This paints a buoyant picture for the company. ADVENZYMES's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that ADVENZYMES manages its cash and cost levels well, which is a key determinant of the company’s health. ADVENZYMES appears to have made good use of debt, producing operating cash levels of 3.67x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NSEI:ADVENZYMES Income Statement, July 23rd 2019
NSEI:ADVENZYMES Income Statement, July 23rd 2019

Next Steps:

For Advanced Enzyme Technologies, I've put together three important aspects you should further research:

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

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

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