Is it actually growing, and how fast?
A middle-of-the-pack grower that is slowing. Earnings are outgrowing revenue, a sign of improving margins and operating leverage. Quality of growth is high even if the top line is moderate. The strongest point: revenue grew 25%/yr over the last 3 years, ahead of 80% of companies worldwide. The one thing to watch: forward revenue growth is only about average.
Is the market behind it right now?
Returns rank poorly over both the short and long run, and the price is still falling. Momentum is firmly negative — catching this is a bet against the tape, not with it. Wait for a base to form. The one thing to watch: the multi-year record is weak.
Are you paying a fair price for it?
Valuation is a weak point here. Multiples look stretched and income yield is weak versus peers. This profile is a poor fit for value strategies, so growth or quality angles may work better. The strongest point: its forward P/E of 22x is 63% below that median, and its three-year P/E of 31x is 47% below. The one thing to watch: the earnings multiple is high.
Is the business high-quality and durable?
A middle-of-the-pack business on quality. Margins, returns and balance sheet sit around the market average. Workable, but not a standout on business quality. The strongest point: best on free cash flow margin at 14%, better than 60% of companies worldwide. The one thing to watch: the operating (EBIT) margin lags the rest of the P&L.
How does this stock score across Bastion factors?
Billed annually at $249/year $348