Could this be the best healthcare company on the ASX?, page-21

People Infrastructure (PPE)

This is not a recommendation to buy, sell,hold or do anything whatsoever with shares in this company.

People Infrastructureis a technology enabled workforce management company delivering innovativesolutions to the workforce challenges faced by leading businesses in Australiaand New Zealand.Established in 1996, People Infrastructure has grown to 17 officeswith over 150 internal staff and an active pool of 10,000+ candidates servicingthe staffing requirements of over 3,000 clients. The company providescontracted staffing and human resources outsourcing services to a range of keyindustries including community services, childcare, infrastructure,construction, industrial, landscaping, food processing, mining andhospitality.People Infrastructure’s strategy is to be the leading serviceprovider to organisations using contracted labour in their businesses byproviding a superior service to its clients, with a focus on safety for itsemployees.

Someof the figures below come from Commsec. Other figures relate to the latest full year accounts.

Marketcapitalisation: 240 Million.

Category: Fast grower

Ways to grow theEarnings per share? Yes

Are the revenuesincreasing? Yes

Understandablebusiness? Yes

Is the operatingmargin increasing? Yes

PE: 25.40

PEG: Not provided on Commsec but Reuters provide a revenue and EPS forecast (provided below)

ROE: 14.20

Debt to Equity ratio: 59.9%

Net gearing: 28.6

Cash flow screens

Are receipts fromcustomers higher than revenue? Or within ten %? Yes

Are receipts fromcustomers higher than payments to suppliers? Yes

Are cash flows fromoperations positive? Yes

Are cash flows fromoperations higher than Net profit after tax? Yes

Are the dividendsincreasing? Yes. 2019 full year dividend has more than doubled.

Other

Is the annual reportfull of large photographs of the board of directors? No. The last two annual reports are nearly all text.

Outlook: (from a recent company announcement)

Declan Shermansaid: “The outlook for People Infrastructure is positive with continued organicgrowth anticipated across the business. People Infrastructure is alsoenthusiastic about the recent acquisitions that have been completed and furtherupside this will generate for the Company.”

Director buyingrecently.

2020 Earningsper share growth forecasts on Reuters have increased in the last few months.