Today’s Stock: GE Vernova Inc. (GEV)Today’s Stock: GE Vernova Inc. (GEV)
GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies.
It serves industrial, government, and other customers. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides grid solutions; power conversion; electrification software; and solar and storage solutions technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The company was incorporated in 2023 and is headquartered in Cambridge, Massachusetts.
My Thoughts 💭My Thoughts 💭
General Electric was a strong brand as I was coming up. They made everything and then boom the blew up split and became a different set of companies I believe.
A very wise pick by Ansel.
Let’s take a look and see at the fundamentals to understand if this is a good company to invest in from a bitcoin perspective.
At 1.2M sats per share ($71,156), and a 2.8k sat per share yearly dividend. It would take 428 years to break even.
The company trades at a PE 47 which means investors are paying $47 access $1 of earnings. A very expensive stock by historical standards.
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:
NoneNone
Ownership breakdown :Ownership breakdown :
Leadership:Leadership:
The fundamentals of this company are very strong. The balance sheet is flawless , the growth prospects are good (projected grow slower than bitcoin), over $3B in free cash flow, pays a dividend (rather small but still pays)
The only negatives are the elevated valuation and the heavy institutional ownership.
From a Bitcoiner perspective. Paying 1.2M sats for one share is a bit steep. Since the valuation is so high and it doesn’t pay much of a dividend the risk of losing your sats goes up very quickly.
But this is a fantastic business in vital industry like energy. A DCA strategy of 50k to 100k sats a week or a month would make a lot of sense. If they miss on their growth targets the DCA will protect you from the institutions dumping the stock due to the future discounted cash flows no longer make sense at the lower growth rate.
Here is the performance according to Simply Wall Street
Great company in sector that is absolutely needed to help America re-industrialize. Ansel is very smart to add this company to the portfolio.
The leadership is strong and built a powerhouse of an energy company after GE had branding issues at the start of the 2000s.
If I was looking to add to my stock portfolio I would have no issues adding this company.