Logo image of GSAT

GLOBALSTAR INC (GSAT) Stock Fundamental Analysis

NASDAQ:GSAT - Nasdaq - US3789735079 - Common Stock - Currency: USD

18.26  -0.23 (-1.24%)

After market: 18.22 -0.04 (-0.22%)

Fundamental Rating

3

GSAT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 33 industry peers in the Diversified Telecommunication Services industry. While GSAT seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, GSAT is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

In the past year GSAT has reported negative net income.
In the past year GSAT had a positive cash flow from operations.
In the past 5 years GSAT always reported negative net income.
GSAT had a positive operating cash flow in each of the past 5 years.
GSAT Yearly Net Income VS EBIT VS OCF VS FCFGSAT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

GSAT's Return On Assets of -4.32% is on the low side compared to the rest of the industry. GSAT is outperformed by 75.76% of its industry peers.
Looking at the Return On Equity, with a value of -20.56%, GSAT is doing worse than 72.73% of the companies in the same industry.
Industry RankSector Rank
ROA -4.32%
ROE -20.56%
ROIC N/A
ROA(3y)-14.37%
ROA(5y)-13.86%
ROE(3y)-37.31%
ROE(5y)-33.73%
ROIC(3y)N/A
ROIC(5y)N/A
GSAT Yearly ROA, ROE, ROICGSAT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60 -80

1.3 Margins

Looking at the Gross Margin, with a value of 66.94%, GSAT is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
In the last couple of years the Gross Margin of GSAT has grown nicely.
The Profit Margin and Operating Margin are not available for GSAT so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 66.94%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.78%
GM growth 5Y2.46%
GSAT Yearly Profit, Operating, Gross MarginsGSAT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

5

2. Health

2.1 Basic Checks

GSAT does not have a ROIC to compare to the WACC, probably because it is not profitable.
GSAT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GSAT has been increased compared to 5 years ago.
GSAT has a better debt/assets ratio than last year.
GSAT Yearly Shares OutstandingGSAT Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
GSAT Yearly Total Debt VS Total AssetsGSAT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

GSAT has an Altman-Z score of -0.34. This is a bad value and indicates that GSAT is not financially healthy and even has some risk of bankruptcy.
GSAT has a Altman-Z score of -0.34. This is amonst the worse of the industry: GSAT underperforms 84.85% of its industry peers.
The Debt to FCF ratio of GSAT is 2.71, which is a good value as it means it would take GSAT, 2.71 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GSAT (2.71) is better than 84.85% of its industry peers.
A Debt/Equity ratio of 1.33 is on the high side and indicates that GSAT has dependencies on debt financing.
GSAT's Debt to Equity ratio of 1.33 is on the low side compared to the rest of the industry. GSAT is outperformed by 60.61% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF 2.71
Altman-Z -0.34
ROIC/WACCN/A
WACC8.17%
GSAT Yearly LT Debt VS Equity VS FCFGSAT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

GSAT has a Current Ratio of 3.16. This indicates that GSAT is financially healthy and has no problem in meeting its short term obligations.
GSAT has a better Current ratio (3.16) than 90.91% of its industry peers.
A Quick Ratio of 3.09 indicates that GSAT has no problem at all paying its short term obligations.
GSAT has a Quick ratio of 3.09. This is amongst the best in the industry. GSAT outperforms 90.91% of its industry peers.
Industry RankSector Rank
Current Ratio 3.16
Quick Ratio 3.09
GSAT Yearly Current Assets VS Current LiabilitesGSAT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

5

3. Growth

3.1 Past

The earnings per share for GSAT have decreased strongly by -433.33% in the last year.
The Revenue has grown by 11.86% in the past year. This is quite good.
The Revenue has been growing by 13.71% on average over the past years. This is quite good.
EPS 1Y (TTM)-433.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-180%
Revenue 1Y (TTM)11.86%
Revenue growth 3Y26.29%
Revenue growth 5Y13.71%
Sales Q2Q%16.73%

3.2 Future

GSAT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.90% yearly.
Based on estimates for the next years, GSAT will show a quite strong growth in Revenue. The Revenue will grow by 9.81% on average per year.
EPS Next Y83%
EPS Next 2Y39.99%
EPS Next 3Y35.9%
EPS Next 5YN/A
Revenue Next Year6.89%
Revenue Next 2Y14.04%
Revenue Next 3Y15.79%
Revenue Next 5Y9.81%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
GSAT Yearly Revenue VS EstimatesGSAT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M
GSAT Yearly EPS VS EstimatesGSAT Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -2 -4 -6 -8

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for GSAT. In the last year negative earnings were reported.
Also next year GSAT is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
GSAT Price Earnings VS Forward Price EarningsGSAT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 -50 -100

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, GSAT is valued a bit more expensive than 69.70% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as GSAT.
Industry RankSector Rank
P/FCF 12.26
EV/EBITDA 27.78
GSAT Per share dataGSAT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

A more expensive valuation may be justified as GSAT's earnings are expected to grow with 35.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.99%
EPS Next 3Y35.9%

0

5. Dividend

5.1 Amount

GSAT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

GLOBALSTAR INC

NASDAQ:GSAT (5/23/2025, 6:58:44 PM)

After market: 18.22 -0.04 (-0.22%)

18.26

-0.23 (-1.24%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)05-06 2025-05-06/amc
Earnings (Next)08-06 2025-08-06/amc
Inst Owners20.09%
Inst Owner Change-91.7%
Ins Owners60.58%
Ins Owner Change3.06%
Market Cap2.31B
Analysts82.5
Price Target53.55 (193.26%)
Short Float %4.47%
Short Ratio3.47
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP-14.41%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)8.53%
Min Revenue beat(2)-0.43%
Max Revenue beat(2)17.49%
Revenue beat(4)3
Avg Revenue beat(4)5.45%
Min Revenue beat(4)-0.43%
Max Revenue beat(4)17.49%
Revenue beat(8)6
Avg Revenue beat(8)5.69%
Revenue beat(12)10
Avg Revenue beat(12)7.82%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)1476.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2033.33%
EPS NY rev (1m)-169.66%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.23%
Revenue NY rev (1m)-1.21%
Revenue NY rev (3m)-1.94%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 9.23
P/FCF 12.26
P/OCF 5.26
P/B 6.44
P/tB 9.51
EV/EBITDA 27.78
EPS(TTM)-0.72
EYN/A
EPS(NY)-0.12
Fwd EYN/A
FCF(TTM)1.49
FCFY8.16%
OCF(TTM)3.47
OCFY19%
SpS1.98
BVpS2.84
TBVpS1.92
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -4.32%
ROE -20.56%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 66.94%
FCFM 75.34%
ROA(3y)-14.37%
ROA(5y)-13.86%
ROE(3y)-37.31%
ROE(5y)-33.73%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.78%
GM growth 5Y2.46%
F-Score4
Asset Turnover0.15
Health
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF 2.71
Debt/EBITDA 5.38
Cap/Depr 281.61%
Cap/Sales 100.1%
Interest Coverage N/A
Cash Conversion 495.74%
Profit Quality N/A
Current Ratio 3.16
Quick Ratio 3.09
Altman-Z -0.34
F-Score4
WACC8.17%
ROIC/WACCN/A
Cap/Depr(3y)171.1%
Cap/Depr(5y)115.13%
Cap/Sales(3y)67.18%
Cap/Sales(5y)49.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-433.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-180%
EPS Next Y83%
EPS Next 2Y39.99%
EPS Next 3Y35.9%
EPS Next 5YN/A
Revenue 1Y (TTM)11.86%
Revenue growth 3Y26.29%
Revenue growth 5Y13.71%
Sales Q2Q%16.73%
Revenue Next Year6.89%
Revenue Next 2Y14.04%
Revenue Next 3Y15.79%
Revenue Next 5Y9.81%
EBIT growth 1Y-112.69%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year832.86%
EBIT Next 3Y146.88%
EBIT Next 5Y92.3%
FCF growth 1Y303.98%
FCF growth 3Y29.75%
FCF growth 5YN/A
OCF growth 1Y490.78%
OCF growth 3Y49.33%
OCF growth 5Y170.23%