Overall Score

Revenue Growth

Revenue growth remains the key missing input for a higher long-term growth score, as no fresh sales trend or guidance update was provided this month.

Earnings Power

Profitability remains solid with TTM net margin at 11.3%, EBIT margin at 13.1%, and ROE at 11.7%.

Financial Health

Balance sheet remains very strong with a current ratio of 4.83 and net debt to EBITDA of -1.34, indicating net cash.

Cash Flow

Cash generation is acceptable but not yet compelling for a growth compounder, with free cash flow yield at 1.4% and FCF conversion at 48.8% of operating cash flow.

Valuation

Valuation remains reasonable on earnings and sales at 23.8x P/E and 2.68x P/S, but free cash flow valuation is still rich at 70.8x FCF.

Growth Durability

Durability is supported by low leverage and healthy interest coverage, but no new evidence this month improved the long-term growth runway.