Today’s Stock: Westinghouse Air Brake Technologies Corporation (WAB)Today’s Stock: Westinghouse Air Brake Technologies Corporation (WAB)

Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.

The company also offers positive train control equipment; electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, and train cruise and remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. In addition, it provides freight car trucks, braking equipment, and related components; air compressors and dryers, as well as heating, ventilation, and air conditioning (HVAC) systems; heat transfer components and systems; custom engineered burners and combustion systems; rail gear, signaling, and switch products; and turbochargers. Further, it offers freight locomotive overhauls, modernizations, and refurbishment; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; long-term parts arrangements; and way equipment maintenance services. Additionally, it provides railway and freight braking equipment and related components; brake shoes, discs, and pads; HVAC equipment; access and platform screen doors; pantographs; power converters and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses.

The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

My Thoughts 💭My Thoughts 💭

Growing up I remember a friend bought this cheap Westinghouse TV but I think that electronics company is different than this rail road one.

I never heard of this company but Ansel thinks with the re-industrialization of America rail is set to have a boom. Let’s see if this company operates well enough from a fundamental basis to cash in on this up coming boom.

At 334.6k sats per share ($70,739), and a 1.7 sat per share yearly dividend. It would take 196 years to break even.

The company trades at a PE 34 which means investors are paying $34 access $1 of earnings. A stock that isn’t cheap but maybe justified with modest growth projections.

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:

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Dividend:Dividend:

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Ownership breakdown :Ownership breakdown :

Leadership:Leadership:

The fundamentals of this company are decent. The balance sheet is weak, the growth prospects are good (projected grow slower than bitcoin), good free cash flow, growing revenues.

The one cause for concern is the amount of the float owned by institutions. If they sour on this company at this slightly elevated valuation the stock could dump.

From a Bitcoiner perspective. Paying 334k sats for one share is a bit steep. Plus I don’t see a clear path for this company to meet the valuation thus if investing in company with sats be sure to know you are paying a premium for a meh dividend and growth lower that bitcoin.

Here is the performance according to Simply Wall Street

Glad the war stocks are over and back into rail. This company is run quite well. If rail does boom during this re shoring manufacturing job this company is ready to put the work in and turn a nice profit but overall it’s still not worth sats.