Fundamental analysis on Bodycote (BOY)

[TheMotorcycleBoy]

Hi folks,

I already have a holding in this firm and I'm wondering whether top it up. I have recently added to my fundamental analysis sheet the figures from AR2018. Here are the last 5 years worth:



Comparision of the OM, ROCE and CROCI figures between this firm and those of XPP reveals somewhat lower figures for BOY, however, what we do see, is growth in those figures for the last 4 reported periods. (Is this a sign of real growth going forward for those KPIs, or merely evidence of cycle?).

I'm in the process of weighing up whether to go for a top-up here or a new position on XPP.

All comments, ideas, welcome
thanks Matt