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GLOBALSTAR INC (GSAT) Stock Fundamental Analysis

USA - NASDAQ:GSAT - US3789735079 - Common Stock

44.67 USD
+1.11 (+2.55%)
Last: 10/20/2025, 12:21:00 PM
Fundamental Rating

4

GSAT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 36 industry peers in the Diversified Telecommunication Services industry. While GSAT seems to be doing ok healthwise, there are quite some concerns on its profitability. GSAT is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

GSAT had negative earnings in the past year.
GSAT had a positive operating cash flow in the past year.
In the past 5 years GSAT always reported negative net income.
In the past 5 years GSAT always reported a positive cash flow from operatings.
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

With a Return On Assets value of -2.57%, GSAT perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
GSAT's Return On Equity of -13.58% is in line compared to the rest of the industry. GSAT outperforms 41.67% of its industry peers.
GSAT has a worse Return On Invested Capital (0.45%) than 63.89% of its industry peers.
Industry RankSector Rank
ROA -2.57%
ROE -13.58%
ROIC 0.45%
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

GSAT has a Operating Margin of 3.88%. This is in the lower half of the industry: GSAT underperforms 61.11% of its industry peers.
GSAT has a Gross Margin of 66.74%. This is amongst the best in the industry. GSAT outperforms 80.56% of its industry peers.
In the last couple of years the Gross Margin of GSAT has grown nicely.
Industry RankSector Rank
OM 3.88%
PM (TTM) N/A
GM 66.74%
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

6

2. Health

2.1 Basic Checks

GSAT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, GSAT has more shares outstanding
GSAT has more shares outstanding than it did 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 0.88. 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 (0.88) which is in line with its industry peers.
The Debt to FCF ratio of GSAT is 3.76, which is a good value as it means it would take GSAT, 3.76 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GSAT (3.76) is better than 88.89% of its industry peers.
A Debt/Equity ratio of 1.30 is on the high side and indicates that GSAT has dependencies on debt financing.
GSAT has a Debt to Equity ratio (1.30) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.3
Debt/FCF 3.76
Altman-Z 0.88
ROIC/WACC0.05
WACC8.23%
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

A Current Ratio of 2.81 indicates that GSAT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.81, GSAT belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
GSAT has a Quick Ratio of 2.72. This indicates that GSAT is financially healthy and has no problem in meeting its short term obligations.
GSAT's Quick ratio of 2.72 is amongst the best of the industry. GSAT outperforms 91.67% of its industry peers.
Industry RankSector Rank
Current Ratio 2.81
Quick Ratio 2.72
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 has grown by an nice 9.09% over the past year.
GSAT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.85%.
GSAT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.71% yearly.
EPS 1Y (TTM)9.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%186.67%
Revenue 1Y (TTM)14.85%
Revenue growth 3Y26.29%
Revenue growth 5Y13.71%
Sales Q2Q%11.2%

3.2 Future

Based on estimates for the next years, GSAT will show a very strong growth in Earnings Per Share. The EPS will grow by 36.41% on average per year.
The Revenue is expected to grow by 9.81% on average over the next years. This is quite good.
EPS Next Y88.67%
EPS Next 2Y41.67%
EPS Next 3Y36.41%
EPS Next 5YN/A
Revenue Next Year7.13%
Revenue Next 2Y9.21%
Revenue Next 3Y15.17%
Revenue Next 5Y9.81%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for GSAT. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 8758.82, which means the current valuation is very expensive for GSAT.
GSAT's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of GSAT to the average of the S&P500 Index (22.94), we can say GSAT is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 8758.82
GSAT Price Earnings VS Forward Price EarningsGSAT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 2K 4K 6K 8K

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, GSAT is valued a bit more expensive than 72.22% of the companies in the same industry.
GSAT's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 43.33
EV/EBITDA 56.9
GSAT Per share dataGSAT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GSAT does not grow enough to justify the current Price/Earnings ratio.
GSAT's earnings are expected to grow with 36.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y41.67%
EPS Next 3Y36.41%

0

5. Dividend

5.1 Amount

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

GLOBALSTAR INC

NASDAQ:GSAT (10/20/2025, 12:21:00 PM)

44.67

+1.11 (+2.55%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)08-07 2025-08-07/amc
Earnings (Next)11-05 2025-11-05/amc
Inst Owners23.06%
Inst Owner Change0.01%
Ins Owners60.57%
Ins Owner Change0.76%
Market Cap5.66B
Analysts82.5
Price Target53.55 (19.88%)
Short Float %5.84%
Short Ratio2.96
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP-21.64%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.65%
Min EPS beat(2)-390.2%
Max EPS beat(2)354.9%
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)-1.76%
Min Revenue beat(2)-7.79%
Max Revenue beat(2)4.27%
Revenue beat(4)2
Avg Revenue beat(4)3.38%
Min Revenue beat(4)-7.79%
Max Revenue beat(4)17.49%
Revenue beat(8)5
Avg Revenue beat(8)2.59%
Revenue beat(12)9
Avg Revenue beat(12)4.91%
Revenue beat(16)13
Avg Revenue beat(16)7.56%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)66.67%
EPS NY rev (1m)0%
EPS NY rev (3m)77.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.22%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 8758.82
P/S 21.71
P/FCF 43.33
P/OCF 9.71
P/B 15.68
P/tB 25.98
EV/EBITDA 56.9
EPS(TTM)-0.45
EYN/A
EPS(NY)0.01
Fwd EY0.01%
FCF(TTM)1.03
FCFY2.31%
OCF(TTM)4.6
OCFY10.29%
SpS2.06
BVpS2.85
TBVpS1.72
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -2.57%
ROE -13.58%
ROCE 0.57%
ROIC 0.45%
ROICexc 0.54%
ROICexgc 0.6%
OM 3.88%
PM (TTM) N/A
GM 66.74%
FCFM 50.09%
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-Score5
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 1.3
Debt/FCF 3.76
Debt/EBITDA 4.68
Cap/Depr 501.71%
Cap/Sales 173.36%
Interest Coverage 1.13
Cash Conversion 581.37%
Profit Quality N/A
Current Ratio 2.81
Quick Ratio 2.72
Altman-Z 0.88
F-Score5
WACC8.23%
ROIC/WACC0.05
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)9.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%186.67%
EPS Next Y88.67%
EPS Next 2Y41.67%
EPS Next 3Y36.41%
EPS Next 5YN/A
Revenue 1Y (TTM)14.85%
Revenue growth 3Y26.29%
Revenue growth 5Y13.71%
Sales Q2Q%11.2%
Revenue Next Year7.13%
Revenue Next 2Y9.21%
Revenue Next 3Y15.17%
Revenue Next 5Y9.81%
EBIT growth 1Y180.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year851.24%
EBIT Next 3Y147.74%
EBIT Next 5Y92.3%
FCF growth 1Y356.48%
FCF growth 3Y29.75%
FCF growth 5YN/A
OCF growth 1Y577.09%
OCF growth 3Y49.33%
OCF growth 5Y170.23%