Is it actually growing, and how fast?
A middle-of-the-pack grower. Dependable mid-pace growth without extremes. A reasonable fit for balanced growth strategies, less so for pure high-growth mandates. The strongest point: earnings are set to grow in step with sales.
Is the market behind it right now?
A poor multi-year track record but a sharp recent rally. Momentum is turning up, yet the trend is young and unproven — it needs follow-through to confirm rather than fade. The strongest point: strong recent results. The one thing to watch: the multi-year record is weak.
Are you paying a fair price for it?
A fairly-priced stock. A mix of reasonable multiples and yields without extreme cheapness. Can work in diversified value portfolios, but not a standout bargain. The strongest point: its current P/E of 24x is 31% below its own 34x historical median P/E. The one thing to watch: earnings multiples are not the cheap part.
Is the business high-quality and durable?
A genuinely high-quality business. High margins and strong returns on capital. A core fit for quality and quality-growth strategies. The strongest point: best on free cash flow margin at 26%, better than 80% of companies worldwide. The one thing to watch: leverage is moderate.
How does this stock score across Bastion factors?
Billed annually at $249/year $348