Starfighters Space, Inc. (NYSE: FJET)

Sector: Industrials Industry: Aerospace & Defense CIK: 0001947016
ROIC (Qtr) 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 11.27 Mn
Debt/Equity (Qtr) -2.05

About

Price action

Investment thesis

Bull case

  • Tangible assets of 12.24M provide exceptional 123.59x coverage of deferred revenue 99000, showing strong service capability backing.
  • Long-term investments of 7.52M provide solid 84.63x coverage of long-term debt 88891, indicating strategic financial planning.
  • Retained earnings of (23.15M) represent substantial 4.21x of equity (5.50M), indicating strong internal capital generation.
  • Cash position of 2.85M provides strong 28.75x coverage of deferred revenue 99000, ensuring service delivery capability.
  • Cash position of 2.85M fully covers payables of 1.28M by 2.23x, showing strong vendor relationship management.

Bear case

  • Operating cash flow of 0 provides insufficient coverage of deferred revenue obligations of 99000, which is 0x, raising concerns about future service delivery capabilities.
  • Long-term investments of 7.52M represent a high 28.82x of fixed assets 261078, indicating potential overexposure to financial assets versus operational capabilities.
  • Tangible assets of 12.24M provide limited backing for working capital of (13.19M), which is -0.93x, suggesting increased operational risk in market downturns.
  • Short-term investments of 1.06M exceed receivables of 142284 by 7.46x, indicating potentially inefficient capital allocation given collection cycle needs.
  • Other current assets of 401321 provide weak coverage of payables of 1.28M, which is 0.31x, suggesting potential working capital stress in near term.

Peer comparison

Companies in the Aerospace & Defense
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 GE General Electric Co 340.73 Bn 39.15 7.43 20.49 Bn
2 RTX RTX Corp 266.41 Bn 39.57 3.01 39.51 Bn
3 BA Boeing Co 184.47 Bn 97.60 2.06 54.10 Bn
4 LMT Lockheed Martin Corp 145.11 Bn 28.92 1.93 21.70 Bn
5 HWM Howmet Aerospace Inc. 107.72 Bn 167.79 15.89 3.19 Bn
6 GD General Dynamics Corp 104.16 Bn 30.88 2.67 8.01 Bn
7 NOC Northrop Grumman Corp /De/ 101.77 Bn 24.33 2.43 17.02 Bn
8 TDG TransDigm Group INC 74.73 Bn 41.34 8.20 30.05 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.00 3.14
EV to Cash from Ops. EV to Cash from Ops. 0.00 76.41
EV to Debt EV to Debt 0.00 80.89
EV to EBIT EV to EBIT 0.00 11.31
EV to EBITDA EV to EBITDA 0.00 30.07
EV to Free Cash Flow [EV/FCF] EV to Free Cash Flow [EV/FCF] 0.00 86.36
EV to Market Cap EV to Market Cap 0.00 1.07
EV to Revenue EV to Revenue 0.00 10.58
Price to Book Value [P/B] Price to Book Value [P/B] 0.00 5.81
Price to Earnings [P/E] Price to Earnings [P/E] 0.00 18.35
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 -3.22
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 19.41
Dividend per Basic Share Div per Share (Qtr) 0.00 0.73
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 11.64
Interest Coverage Int. cover (Qtr) 0.00 -13.61
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 -65.17
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 0.00 1,593.29
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 1.86
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 0.00 -43.11
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 0.00 19.42
EBIT Growth (1y) % EBIT 1y % (Qtr) 0.00 -34.51
EBT Growth (1y) % EBT 1y % (Qtr) 0.00 -35.59
EPS Growth (1y) % EPS 1y % (Qtr) 0.00 -112.67
FCF Growth (1y) % FCF 1y % (Qtr) 0.00 27.64
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 -0.19
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.51
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.03
Cash Ratio Cash Ratio (Qtr) 0.16 1.78
Current Ratio Curr Ratio (Qtr) 0.25 3.63
Debt to Equity Ratio Debt/Equity (Qtr) -2.05 0.29
Interest Cover Ratio Int Coverage (Qtr) 0.00 -13.61
Times Interest Earned Times Interest Earned (Qtr) 0.00 -13.61
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 -345.58
EBIT Margin % EBIT Margin % 0.00 -382.34
EBT Margin % EBT Margin % 0.00 -387.64
Gross Margin % Gross Margin % 0.00 -33.21
Net Profit Margin % Net Profit Margin % 0.00 -388.96