Skint, out of favour and unloved24 Apr 2022 10:17
The last few years have been really crap for Rolls.
Problems with the Trent engine and then covid have had a massive negative impact.
But now the engine problems are long gone and covid is not such a problem.
With its high efficiency engines and increasing flying hours the revenues and orders will return.
The defence business is solid and would likely be a good dividend paying stock in its own right, as would power systems.
In its own right RR SMR would currently be speculative stock pick, pending orders it would be a growth stock.
But all these entities benefit from the group structure. RR spends billions on research and continues to do so. This research includes investment in universities and technology centres all around the world. They look for the lightest, strongest and most resilient super alloys of tomorrow. They own so many patents that will be used in future engines and technologies.
For me its just a matter of time for RR glory days.