These Factors Make Bingo Industries Limited (ASX:BIN) An Interesting Investment

Bingo Industries Limited (ASX:BIN) 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 BIN, it is a company with great financial health as well as a a strong track record of performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Bingo Industries here.

Flawless balance sheet with proven track record

BIN delivered a bottom-line expansion of 40% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did BIN outperformed its past performance, its growth also exceeded the Commercial Services industry expansion, which generated a 7.6% earnings growth. This is an notable feat for the company. BIN’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 a crucial insight into the health of the company. Investors should not worry about BIN’s debt levels because the company has none! This implies that the company is running its operations purely on off equity funding. which is typically normal for a small-cap company. BIN has plenty of financial flexibility, without debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future.

ASX:BIN Income Statement, February 26th 2019

Next Steps:

For Bingo Industries, there are three fundamental factors you should further examine:

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

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

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