Skip to main content

Top high growth, virtually debt free companies with growth potential

Here we are sharing some of the high growth stable companies which are financially strong and virtually debt free. Our criteria is as

Market Capitalization > 3000
Average return on equity 5Years > 20 AND
Debt to equity < 0.1 AND
Interest Coverage Ratio > 2 AND
PEG Ratio <= 1) AND
Profit growth 5Years > 20

Definition of the parameters:

Market Cap :- Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding.
Return on equity :- The return on equity is a measure of the profitability of a business in relation to the equity. Because shareholder's equity can be calculated by taking all assets and subtracting all liabilities, ROE can also be thought of as a return on assets minus liabilities. 
Debt to Equity :- The debt-to-equity ratio is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. Closely related to leveraging, the ratio is also known as risk, gearing or leverage.
PEG Ratio :- The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. The 'PEG ratio' is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share, and the company's expected growth. In general, the P/E ratio is higher for a company with a higher growth rate.
Profit Growth :- Growth rates are computed by dividing the difference between the ending and starting profits for the period being analyzed and dividing that by the starting value. The compound annual growth rate (CAGR) is a variation on the growth rate often used to assess an investment or company’s performance.

List of the companies:- Sorted based on ROCE


Comments

Post a Comment

Popular posts from this blog

What is wrong with HDFC securities? Are they doing some fraudulent activities or just causing issues with their platform as usually it don't work during market hours?

I have opened a DEMAT account with HDFC Securities in 2019 as HDFC group is well known for the customer services and I also hold a salary account with HDFC Bank, DEMAT account with the following conditions/offers as expressed by the executive. Trading Account Opening Charges (One Time) :  ₹999 (At that time it offered on lower price, I forget the exact price) Trading Annual Maintenance Charges AMC (Yearly Fee) : ₹0 Demat Account Opening Charges (One Time) : ₹0 Demat Account Annual Maintenance Charges AMC (Yearly Fee) : ₹750, nil if portfolio value below ₹2 lacs. Equity Delivery : 0.50% Equity Intraday : 0.05% Equity Futures : 0.05% Equity Options : ₹100 per lot or 1% of the premium (whichever is higher) Currency Futures : ₹23 per contract Currency Options : ₹20 per contract Commodity Futures : 0.02% for Intraday / 0.025% for positional Commodity Options : 0.02% for Intraday / 0.025% for positional It was going good but after 2-3 months I got to know that there are som
1 comment
Read more

Who is Peter Lynch and what is his philosophy in equity market investment? 25 Golden Rules of the most successful Fund Manager.

Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than doubling the S&P 500 stock market index and making it the best-performing mutual fund in the world. During his 13 year tenure, assets under management increased from $18 million to $14 billion. He also co-authored a number of books and papers on investing and coined a number of well known mantras of modern individual investing strategies, such as Invest in what you know and ten bagger. Lynch is consistently described as a "legend" by the financial media for his performance record. Base on his career I have compiled his investing rules here. 25 GOLDEN RULES by @Peter Lynch 1: Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts & concentrate on what's actual
Post a Comment
Read more

What is version checking in Hibernate ?

Version checking used in hibernate when more then one thread trying to access same data. For example : User A edit the row of the TABLE for update ( In the User Interface changing data This is user thinking time) and in the same time User B edit the same record for update and click the update. Then User A click the Update and update done. Change made by user B is gone. In hibernate you can prevent slate object updation using version checking. Check the version of the row when you are updating the row. Get the version of the row when you are fetching the row of the TABLE for update. On the time of updation just fetch the version number and match with your version number (on the time of fetching).
Post a Comment
Read more