- Overall, Kratos' Q3 results were pretty encouraging, displaying some promisng adcancements in various segments.
- However, the company seems to continue struggling to post any sustainable net income.
- At its current EBITDA guidance, the stock is massively overpriced compared to its peers while lacking adequate growth to justify its EV/EBITDA multiple.
- Therefore, we will stay invested in the more traditional defense behemoths, offering much more reliable tangible capital returns, instead.
For further details see:
Kratos' Valuation Is Hard To Justify Over Picking The Traditional Defense Behemoths