Andrill can be the next paranagement -in one or more methods.
Attention, defense investor!
There is a new president in the town in case you haven’t heard, and he has decided to shake the establishment of Washington DC, reduce red tape, and reduce spending. Defense stock investors seem to be a little nervous with prospects, and in the past three months, defense shares have generally decreased.
Most defense shares, that is.
Since mid -October, when I first warn that the inventory that corresponds to the Pentagon has begun to appear expensive, one defense shares may actually be doubled, and there may be some reasons. Maybe. Palantir Technologies (PLTR 1.56 %) It is part of the new wave of a company that breaks the new boundary of high -tech defense. The specific angle of Palantir is focused on artificial intelligence (AI). Since the first public offering (IPO) in 2020, Palantir shares have increased eight times.
Today, I would like to introduce you to another defense company -now not disclosed -it may be the next Palantir.
Introduction of Andril
Like Palantir, Anduril explains himself as a defense technical company. Anduril has developed a lattice AI software platform that can translate thousands of data streams at the same time in the military “Real -time, 3D command and control center”. In particular, the company, which focuses on drone technology, also produces automatic driving low -runner unmanned aircraft (that is, drone), dive -drown loan loan, anti -drone’s “counterwear” gun, and autonomous monitoring system.
The company also produces a solid rocket motor for both attack missiles and defensive missiles.
Why do you need to worry about Andril?
Good and good. But why do investors need to worry about Andril if they are now private companies? Because Anduril may be IPO right away.
Since its founding in 2017 (especially by Oculus founder Palmer Luckey and several graduates of Palantir), Anduril has been able to procure more than $ 3.8 billion from investors, nearly half of that in August last year. I raised my capital. The company is currently boasting an estimated $ 25 billion private market evaluation. This is less than one -tenth of Palantir’s market capitalization, but is in the right direction.
You may think that Anduril is not in a hurry to the IPO because there is already a lot of money and such a high market capitalization. But earlier this month, Lucky told Bloomberg that Andril was actually a “way for a stock public company” and confirmed that IPO was “important” for the company.
When Andril is released, do you want to own Andril?
As a private company, Andril is not obliged to disclose its financial information publicly. Nevertheless, from a variety of sources, S & P Global Market Intelligence has confirmed that Anduril produced a profit of $ 457 million in 2023. In an interview with Bloomberg, Luckey played COY, but the rumor acknowledged that Anduril doubled its revenue to “about”. C billion. “”
There is no matter if these revenue can benefit Andril yet, but even if the company has not made a profit yet, it is only with the growth rate -100 % -this is noteworthy when this is announced. It suggests that it is a valuable high growth company. The first public offering.
But that doesn’t mean that Anduril should buy IPO and immediately buy it. In fact, it is assumed that the company’s estimation of the $ 25 billion of $ 25 billion is correct, and assuming that rumors of $ 1 billion in 2024 are correct, here we see a very rich price defense stock. We sell 25 times sales and sales. This is more than 1.7 times the average defense stock price today, 1.4 times or more, which was average over the past 20 years.
Indeed, Andril claims that it costs more than 71 times the current sales (and 395 times more revenue), and that Andrill is not overrated as in stock like Palantir. Perhaps the best scenario that investors can expect is that stock prices will shrink significantly between Andril IPOs from now on.
It may give you a much less opportunity to buy Andril … and you probably have the opportunity to buy parantil cheaply.
Rich Smith has no position in either of the shares mentioned. Motley fools are located in Palantir Technologies and are recommended. Motley fools have a disclosure policy.
