Today’s Stock: General Dynamics Corporation (GD)Today’s Stock: General Dynamics Corporation (GD)

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support, customer support and custom completion services, modifications, upgrades, and lifecycle sustainment support services.

The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, energetics and munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, and armored vehicles; and offers modernization programs, support and sustainment services, and development programs. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud services, cybersecurity, network modernization, artificial intelligence; machine learning; application development, high-performance computing, and 5G and advanced communications services; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

My Thoughts 💭My Thoughts 💭

It seems to be a carbon copy of NOC but with with tech, vehicles, and communications to go along with it. I am sure the aerospace segment of their business must be very interesting but everything else is just war More military industrial complex. America just loves the business but let’s look how this company is ran from a fundamental standpoint.

At 504.8k sats per share ($70,462), and a 8.5k sat per share yearly dividend. It would take 59 years to break even.

The company trades at a PE 22 which means investors are paying $22 access $1 of earnings. A bit elevated but still in a decent range for a good value stock.

Let 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 :Ownership breakdown :

Leadership:Leadership:

The fundamentals of this company are meh. The balance sheet is mediocre to bad, the growth prospects are low to bad (projected grow war slower than bitcoin), have a massive amount of free cash flow, an attractive valuation, and pays a dividend.

I give this company a meh rating because it’s just like the other war stocks I reviewed. Just pick one and they all look the same. The market is putting different premiums on them with the price but their earnings are all tied to the US government and it’s love for war.

From a Bitcoiner perspective. Paying 500k sats for a war stock is not sound investment action. Way too many sats for a business model that is heavily dependent on war.

Here is the performance according to Simply Wall Street

I am tired of analyzing these war stocks. Who knew Ansel was a neocon! Haha (jk) but sheesh was not expecting this re industrialization portfolio was to be so heavy on to war stocks. Maybe Ansel is thinking as the USA GDP rises it is only natural a percentage of the gain will go to war stocks which isn’t a bad idea. But I just expected more thought would go into this and not load the boat on so many of the same companies relying on the government put.