Rational Investing - Cameron Stewart, CFA 对 $VAT 的判断变化

2026-08-26看涨
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VAT是一家运营良好的卫星公司,拥有强劲的自由现金流和审慎的债务偿还;尽管存在杠杆和Starlink竞争,12倍EBITDA的估值具有吸引力。

Vat。我不知道这家公司是做什么的。从没听说过。让我们看看。共享屏幕。你得给我总结一下这家公司。我从来没见过。所以我设定为信息技术公司,在美国和国际上提供宽带和通信产品及服务。

它分为通信服务、国防和先进技术等部分。提供基于卫星的宽带、窄带通信解决方案,宽带服务包括宽带互联网、语音协议、固定和移动宽带。好的,所以这家公司还提供机上连接、窄带安全、运营数据和其他补充服务。

嗯,有趣的卫星通信公司,像 Starlink 的竞争对手。好的,让我们看看我们有什么。所以,如果是 Starlink 的竞争对手,他们真的发射了吗?他们拥有天上的卫星吗?多品牌飞机?

Vat. I don't know what this company does. Never heard of it. Let's take a look. Share the screen. I You have to summarize the the business for me. I've never never seen it. So I set information technology company engages in the provision of broad broadband and communication products and service the United States internationally.

It operates in segments and communication services, defense and advanced technologies. offer satellitebased broadband narrowband communication solutions, broadband services including broadband internet, voice protocol, fixed and mobile broadband.

Okay, so the company also provides inflight connectivity, narrowband safety, operating data and other uh complimentary services. Mult interesting satellite communication company like Starlink competitor.

Okay, let's uh let's see what we got. So, if it's Starling competitor, do they actually launching? Do they own the satellites up there multibrand aircraft?