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Looking At JLT Mobile Computers AB (publ) (STO:JLT) From All Angles

Simply Wall St

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Attractive stocks have exceptional fundamentals. In the case of JLT Mobile Computers AB (publ) (STO:JLT), there's is a company with great financial health as well as a a great history of performance. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on JLT Mobile Computers here.

Flawless balance sheet with solid track record

JLT delivered a bottom-line expansion of 44% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, JLT also outperformed its industry, which delivered a growth of 23%. This paints a buoyant picture for the company. JLT's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This implies that JLT manages its cash and cost levels well, which is an important determinant of the company’s health. JLT currently has no debt on its balance sheet. It has only utilized funding from its equity capital to run the business, which is typically normal for a small-cap company. Therefore the company has plenty of headroom to grow, and the ability to raise debt should it need to in the future.

OM:JLT Income Statement, May 21st 2019

Next Steps:

For JLT Mobile Computers, I've compiled three pertinent aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for JLT’s future growth? Take a look at our free research report of analyst consensus for JLT’s outlook.
  2. Valuation: What is JLT 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 JLT is currently mispriced by the market.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JLT? 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.