Yahoo Finance Does The Data Make Wi2Wi Corporation (CVE:YTY) An Attractive Investment?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Wi2Wi Corporation (CVE:YTY), it is a company with great financial health as well as a an impressive track record of performance. Below, I've touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Wi2Wi here.
Flawless balance sheet with proven track record
In the previous year, YTY has ramped up its bottom line by 10%, with its latest earnings level surpassing its average level over the last five years. Not only did YTY outperformed its past performance, its growth also exceeded the Communications industry expansion, which generated a -22% earnings growth. This is an notable feat for the company. YTY's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This implies that YTY manages its cash and cost levels well, which is a key determinant of the company’s health. Looking at YTY'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. Investors’ risk associated with debt is virtually non-existent and the company has plenty of headroom to grow debt in the future, should the need arise.
Next Steps:
For Wi2Wi, I've put together three essential factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for YTY’s future growth? Take a look at our free research report of analyst consensus for YTY’s outlook.
Valuation: What is YTY 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 YTY is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of YTY? 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.
