Curtiss-Wright (CW), mcap=$6.4bn, price $167 vs $145

$CW pitch:
– Provider of highly engineered and mission-critical technologies to the Aerospace & Defense and industrial markets.
– Attractive valuation at 16x PE.
– With 56% of revenues generated from the defense markets is set to benefit from higher defense spending in a rising threat environment.
– Owns multiple businesses of unique strategic value with a portfolio of critical technologies that are unlikely to be displaced.

$CW valuation:
– EPS forecasted at $8.96, $9.62, and $9.85 for fiscal 2022-2024.
– Attractive absolute value at 16x earnings and a 7% free cash flow

Exp. gain: Not specified.

Full CW write-up (free guest account required):
https://www.valueinvestorsclub.com/idea/CURTISS-WRIGHT_CORP/6146771682

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