You are right about the debt. But, it is already factored into the price. I'm starting to accumulate at these levels. I compare to JCI, HON, and EM; and EPS, PE, and PEG are better. OM% is comparable to those bigger companies. Cash per share percentage 10.8%is on par with those companies at 1.74/share. Markets(automotive, aircraft, housing) are moving higher. They are levered with ww manufacturing. Many of their products are designed-in with decades of customer loyalty.
I'll build a small position until earnings and see how they're dealing with debt. I'm a little concerned about management and the majority owner and need to watch that closely.