Today’s Stock: Comfort Systems USA, Inc. (FIX)Today’s Stock: Comfort Systems USA, Inc. (FIX)

Comfort Systems USA, Inc., together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. The company operates through two segments: Mechanical and Electrical. It offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.

The company is also involved in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) and related systems in new buildings; and renovation, expansion, maintenance, monitoring, repair, and replacement of systems in existing buildings. In addition, it provides remote monitoring of power usage, temperature, pressure, humidity and air flow for MEP and other building systems. The company serves building owners and developers, general contractors, architects, consulting engineers, and property managers in the commercial, industrial, and institutional markets. Comfort Systems USA, Inc. was founded in 1917 and is headquartered in Houston, Texas.

My Thoughts 💭 My Thoughts 💭

I came across this company in a Snacks article as they talked about public construction firms catching a bid during this AI build out boom. Being in the construction field never heard of this company. After its recent run up one must ask is it still a buy when based in bitcoin?

At 2.3M sats per share ($77,341), and a 3.6k sat pers share yearly dividend. It would take 633 years to break even.

The company trades at a PE 51 which means investors are paying $51 access $1 of earnings. A very expensive stock by historical standards. Especially for a low margin business like construction!

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:

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## Ownership breakdown :

Leadership:Leadership:

The fundamentals of this company are very strong. The balance sheet is fantastic, the growth prospects are good (projected grow slower than bitcoin), and a founder lead leadership team that is underpaid, a fantastic margin for a construction business (12%)

The only negatives include the super high valuation and the low dividend . 51 times earnings is crazy for a construction company and the majority of the float is owned by institutions thus once the valuation starts to compress retail could become a bag holder.

With such a low dividend as the valuation comes down the return from the dividend will not cushion the blow when growth starts to compress.

From a Bitcoiner perspective. Paying 2.3M sats for one share is a poor investment. The business o

Here is the performance according to Simply Wall Street

Before the AI boom this stock would have been a really good investment but now the valuation is way too rich. After the AI spend is over how will this company keep up with the growth expectations?

I like this company for the services they bring to the world but not at the price of 2M sats! I will add this company to a watch list to see how it fairs over the next 3 to 5 years.

But as a Bitcoiner I would pass on this company for now. The dividend is too low and the valuation is too high.