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JTEKT India Limited (NSE:JTEKTINDIA) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of JTEKTINDIA, it is a company with great financial health as well as a an impressive track record of performance. Below, I've touched on some key aspects you should know on a high level. If you're interested in understanding beyond my broad commentary, take a look at the report on JTEKT India here.

Flawless balance sheet with proven track record

In the previous year, JTEKTINDIA has ramped up its bottom line by 51%, with its latest earnings level surpassing its average level over the last five years. Not only did JTEKTINDIA outperformed its past performance, its growth also exceeded the Auto Components industry expansion, which generated a 5.5% earnings growth. This is an optimistic signal for the future. JTEKTINDIA's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that JTEKTINDIA has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. JTEKTINDIA's has produced operating cash levels of 0.68x total debt over the past year, which implies that JTEKTINDIA's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

Next Steps:

For JTEKT India, there are three key factors you should look at:

1. Future Outlook: What are well-informed industry analysts predicting for JTEKTINDIA’s future growth? Take a look at our free research report of analyst consensus for JTEKTINDIA’s outlook.

2. Valuation: What is JTEKTINDIA worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether JTEKTINDIA is currently mispriced by the market.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JTEKTINDIA? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.