You Should Buy Genting Singapore Limited (SGX:G13) Because Of These Reasons

Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Genting Singapore Limited (SGX:G13) due to its excellent fundamentals in more than one area. G13 is a company with great financial health as well as a an impressive history of performance. 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 Genting Singapore here.

Flawless balance sheet with proven track record

G13 delivered a bottom-line expansion of 45.92% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did G13 outperformed its past performance, its growth also surpassed the Hospitality industry expansion, which generated a 36.36% earnings growth. This is an notable feat for the company. G13’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 key determinant of the company’s health. G13 seems to have put its debt to good use, generating operating cash levels of 1.12x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

SGX:G13 Income Statement Jun 20th 18

Next Steps:

For Genting Singapore, I’ve compiled three important aspects you should further examine:

1. Future Outlook: What are well-informed industry analysts predicting for G13’s future growth? Take a look at our free research report of analyst consensus for G13’s outlook.

2. Valuation: What is G13 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 G13 is currently mispriced by the market.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of G13? 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 pass 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.