Introduction
TransDigm Group Incorporated (TDG) has a solid history of growth, which is expected to continue into 2020. The company generates its growth inorganically having acquired 10 companies over the last four years.
The company has ample working capital and operates with high profit margins. However, its debt has worked its way higher over the last decade, and the company now owes more than what its assets are worth.
TransDigm is an electrical and mechanical components supplier to the aviation industry. Due to its strong growth, the stock is reasonably priced with a forward PE