Very Conservative Balance Sheet / Low LeverageExtremely low debt-to-equity (~0.03) provides durable financial flexibility in a cyclical manufacturing industry. This reduces refinancing and interest-rate risk, supports capex or M&A when competitors are stressed, and buffers cash flows during demand downturns, improving long-term resilience.
Improved, Healthy Operating And Net MarginsMaterial margin recovery versus prior weak periods indicates stronger pricing power, product mix, and operational efficiency. Sustained mid-teens EBIT and double-digit net margins support internal investment, dividend capacity and defensibility versus lower-margin competitors over multiple cycles.
Global Brand, Product Leadership And R&D FocusA long-standing global brand and continuous R&D investment underpin durable competitive advantages in professional power tools. Brand loyalty and product innovation support recurring parts/accessory sales, distributor relationships, and pricing resilience across developed and emerging markets.