Does The Data Make Agro Tech Foods Limited (NSE:ATFL) An Attractive Investment?

In this article:

Agro Tech Foods Limited (NSE:ATFL) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of ATFL, it is a company with great financial health as well as a an impressive history of performance. Below, I've touched on some key aspects you should know on a high level. If you're interested in understanding beyond my broad commentary, read the full report on Agro Tech Foods here.

Flawless balance sheet with proven track record

ATFL is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that ATFL manages its cash and cost levels well, which is a crucial insight into the health of the company. Looking at ATFL's capital structure, the company has no debt on its balance sheet. This implies that the company is running its operations purely on off equity funding. which is typically normal for a small-cap company. ATFL 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.

NSEI:ATFL Income Statement, September 23rd 2019
NSEI:ATFL Income Statement, September 23rd 2019

Next Steps:

For Agro Tech Foods, there are three essential factors you should further examine:

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

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

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

Advertisement