Today’s Stock: MasTec, Inc. (MTZ)Today’s Stock: MasTec, Inc. (MTZ)
MasTec, Inc., an infrastructure engineering and construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Power Delivery, Pipeline Infrastructure, and Other. The company builds infrastructure for wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; pipeline infrastructure, including natural gas, water, carbon capture sequestration, and other product transport; power delivery services, such as electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure, including roads, bridges, and rail; and water infrastructure.
It also installs electrical and other gas distribution and transmission systems, power generation, civil and industrial facilities, pipelines, and fiber optic and other cables, as well as install-to-the-home services. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers’ distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and civil and industrial infrastructure; emergency restoration services for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, including renewable and other energy providers, pipeline operators, civil, transportation, and water and wastewater pipeline installation services, industrial infrastructure providers, as well as government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
My Thoughts 💭My Thoughts 💭
Reviewing companies who are doing the construction for the massive AI buildout.
At 509k sats per share ($71,175), and a no dividend the road to returns will have to come from growth or stock buybacks.
The company trades at a PE 62 which means investors are paying $62 access $1 of earnings. Out of this world expensive yikes!!
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:
No dividendNo dividend
Bitcoin per share:Bitcoin per share:
NoneNone
Ownership breakdown :Ownership breakdown :
Leadership:Leadership:
The fundamentals of this company are average. Growth is modest at 20%+ but the balance sheet is terrible and the profit margins are very thin at 2.9%
The P/E at 62 is absolutely bonkers for a company that has such a small profit marginZ
From a Bitcoiner perspective. Paying 509k sats for one share is unacceptable. Since the valuation is so high and it doesn’t pay a dividend investing in this company isn’t wise.
Here is the performance according to Simply Wall Street
Pass on this company. Fundamentally this company is not worth 509k sats at 62x earnings ! Passing on this one.