Zero Debt smallcase Introduction & Operation – Axis Direct
Jul 16, 2018 | Source: AxisDirect
Zero Debt smallcase
Zero debt, high ROE companies with an established track record of high earnings growth
This rockstar smallcase has given the 1 year return of whopping 40.78%! The compounded annual growth rate of this smallcase is 22.86%
This smallcase combines criteria like zero debt, constant earnings growth and return on equity to select quality stocks.
• Constant growth in earnings indicates good management performance and proves that the company is making money for its shareholders. This smallcase includes companies whose earnings per share have been growing consistently by more than 15% over the last 5 years
• Return on equity indicates how much profit is generated with each rupee of the shareholders’ equity. Average ROE of companies included in this smallcase is 27%, indicating good capital management
• Companies with zero debt do not pay any interest, which boosts their profitability. This smallcase consists of debt free companies
Use this smallcase to invest in debt free quality companies that have been growing rapidly.