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7th Stock

Today’s Stock: Huntington Ingalls Industries, Inc. (HII)Today’s Stock: Huntington Ingalls Industries, Inc. (HII)

Huntington Ingalls Industries, Inc. designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships, surface combatants, and national security cutters for the U.S.

Navy and U.S. Coast Guard. It also provides nuclear-powered ships, such as aircraft carriers and submarines, as well as refueling and overhaul, and inactivation services of nuclear-powered aircraft carriers. In addition, the company offers naval nuclear support services, including fleet services comprising design, construction, maintenance, and disposal activities for in-service the U.S.

Navy nuclear ships; and maintenance services on nuclear reactor prototypes. Further, the company provides C5ISR systems and operations; application of artificial intelligence and machine learning to battlefield decisions; defensive and offensive cyberspace strategies and electronic warfare; uncrewed autonomous systems; live, virtual, and constructive solutions; platform modernization; and critical nuclear operations. Huntington Ingalls Industries, Inc. was founded in 1886 and is headquartered in Newport News, Virginia.

My Thoughts 💭My Thoughts 💭

Ahhh so this is the company that makes ships and nuclear submarines. First time I ever heard of this company. As part of the re-industrialization trade Ansel is doing a strong navy is a must to protect US Isolationism. Let’s see how the fundamentals look.

At 626.7k sats per share ($68,485), and a 8k sat per share yearly dividend. It would take 78 years to break even.

The company trades at a PE 27 which means investors are paying $27 access $1 of earnings. The stock is a bit on the pricey side but with the dividend I can understand investors who talk themselves into buying this stock.

Let’s review some key fundamentals to determine if this stock is worth spending sats on.

PE:PE:

Expected Growth:Expected Growth:

Revenues and expenses:Revenues and expenses:

Balance Sheet:Balance Sheet:

Dividend:Dividend:

Bitcoin per share:Bitcoin per share:

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Ownership breakdown :Ownership breakdown :

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The fundamentals of this company are weak.

The balance sheet is poor, the growth prospects are okay at this elevated valuation (projected grow slower than bitcoin), decent free cash flow but nothing to get excited about. The institutions own a majority owners of the float.

The one positive is the dividend payment.

From a Bitcoiner perspective. Paying 626k sats for one share is an absolute NO! Can’t sell sats to feed the war machine! I can’t imagine paying this many sats for one share!

Here is the performance according to Simply Wall Street

Very similar to LHX more of the same. The government revenue will protects this company thus the risk of competition and losing market share is extremely low. Ansel adding this to the portfolio again make sense and overall it’s an okay ran company.

But I would never sell sats to buy shares of thus company.