VIASAT INC (VSAT) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:VSAT • US92552V1008

39.68 USD
-4.35 (-9.88%)
At close: Feb 4, 2026
40.23 USD
+0.55 (+1.39%)
After Hours: 2/4/2026, 4:30:02 PM
Fundamental Rating

3

Overall VSAT gets a fundamental rating of 3 out of 10. We evaluated VSAT against 48 industry peers in the Communications Equipment industry. Both the profitability and financial health of VSAT have multiple concerns. VSAT 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

  • VSAT had negative earnings in the past year.
  • VSAT had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: VSAT reported negative net income in multiple years.
  • VSAT had a positive operating cash flow in each of the past 5 years.
VSAT Yearly Net Income VS EBIT VS OCF VS FCFVSAT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B

1.2 Ratios

  • VSAT has a Return On Assets (-3.54%) which is comparable to the rest of the industry.
  • VSAT has a Return On Equity of -11.55%. This is in the lower half of the industry: VSAT underperforms 64.58% of its industry peers.
  • VSAT has a Return On Invested Capital (1.07%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA -3.54%
ROE -11.55%
ROIC 1.07%
ROA(3y)1.26%
ROA(5y)0.72%
ROE(3y)-1.84%
ROE(5y)-1.19%
ROIC(3y)N/A
ROIC(5y)N/A
VSAT Yearly ROA, ROE, ROICVSAT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20

1.3 Margins

  • VSAT has a Operating Margin (4.01%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of VSAT has grown nicely.
  • Looking at the Gross Margin, with a value of 33.20%, VSAT is doing worse than 68.75% of the companies in the same industry.
  • In the last couple of years the Gross Margin of VSAT has grown nicely.
Industry RankSector Rank
OM 4.01%
PM (TTM) N/A
GM 33.2%
OM growth 3YN/A
OM growth 5Y12.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.12%
GM growth 5Y1.7%
VSAT Yearly Profit, Operating, Gross MarginsVSAT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

More info and screens

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VSAT is destroying value.
  • VSAT has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, VSAT has more shares outstanding
  • VSAT has a worse debt/assets ratio than last year.
VSAT Yearly Shares OutstandingVSAT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
VSAT Yearly Total Debt VS Total AssetsVSAT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • VSAT has an Altman-Z score of 0.76. This is a bad value and indicates that VSAT is not financially healthy and even has some risk of bankruptcy.
  • VSAT's Altman-Z score of 0.76 is in line compared to the rest of the industry. VSAT outperforms 41.67% of its industry peers.
  • VSAT has a debt to FCF ratio of 44.93. This is a negative value and a sign of low solvency as VSAT would need 44.93 years to pay back of all of its debts.
  • VSAT has a worse Debt to FCF ratio (44.93) than 62.50% of its industry peers.
  • A Debt/Equity ratio of 1.44 is on the high side and indicates that VSAT has dependencies on debt financing.
  • VSAT has a worse Debt to Equity ratio (1.44) than 83.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.44
Debt/FCF 44.93
Altman-Z 0.76
ROIC/WACC0.12
WACC9.27%
VSAT Yearly LT Debt VS Equity VS FCFVSAT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

2.3 Liquidity

  • VSAT has a Current Ratio of 2.08. This indicates that VSAT is financially healthy and has no problem in meeting its short term obligations.
  • VSAT's Current ratio of 2.08 is in line compared to the rest of the industry. VSAT outperforms 52.08% of its industry peers.
  • VSAT has a Quick Ratio of 1.84. This is a normal value and indicates that VSAT is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Quick ratio value of 1.84, VSAT is doing good in the industry, outperforming 64.58% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.08
Quick Ratio 1.84
VSAT Yearly Current Assets VS Current LiabilitesVSAT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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4

3. Growth

3.1 Past

  • VSAT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.21%.
  • The Revenue has been growing slightly by 1.23% in the past year.
  • The Revenue has been growing by 14.37% on average over the past years. This is quite good.
EPS 1Y (TTM)-28.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%57.94%
Revenue 1Y (TTM)1.23%
Revenue growth 3Y23.2%
Revenue growth 5Y14.37%
Sales Q2Q%1.66%

3.2 Future

  • Based on estimates for the next years, VSAT will show a very strong growth in Earnings Per Share. The EPS will grow by 20.51% on average per year.
  • The Revenue is expected to grow by 4.03% on average over the next years.
EPS Next Y61.81%
EPS Next 2Y28.35%
EPS Next 3Y20.51%
EPS Next 5YN/A
Revenue Next Year3.44%
Revenue Next 2Y3.44%
Revenue Next 3Y4.03%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
VSAT Yearly Revenue VS EstimatesVSAT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B 5B
VSAT Yearly EPS VS EstimatesVSAT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 -5 10

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2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for VSAT. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for VSAT. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
VSAT Price Earnings VS Forward Price EarningsVSAT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40

4.2 Price Multiples

  • 91.67% of the companies in the same industry are more expensive than VSAT, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of VSAT is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 36.63
EV/EBITDA 7.41
VSAT Per share dataVSAT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • VSAT's earnings are expected to grow with 20.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y28.35%
EPS Next 3Y20.51%

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0

5. Dividend

5.1 Amount

  • VSAT does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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VIASAT INC

NASDAQ:VSAT (2/4/2026, 4:30:02 PM)

After market: 40.23 +0.55 (+1.39%)

39.68

-4.35 (-9.88%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)11-07
Earnings (Next)02-05
Inst Owners98.65%
Inst Owner Change-1.92%
Ins Owners1.74%
Ins Owner Change-0.34%
Market Cap5.37B
Revenue(TTM)4.58B
Net Income(TTM)-522.34M
Analysts76
Price Target36.98 (-6.8%)
Short Float %9.84%
Short Ratio7
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.27%
Min EPS beat(2)28.38%
Max EPS beat(2)38.16%
EPS beat(4)2
Avg EPS beat(4)-91.44%
Min EPS beat(4)-323.88%
Max EPS beat(4)38.16%
EPS beat(8)3
Avg EPS beat(8)-233%
EPS beat(12)5
Avg EPS beat(12)-220.83%
EPS beat(16)6
Avg EPS beat(16)-215.94%
Revenue beat(2)1
Avg Revenue beat(2)-0.37%
Min Revenue beat(2)-2.57%
Max Revenue beat(2)1.83%
Revenue beat(4)1
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-2.57%
Max Revenue beat(4)1.83%
Revenue beat(8)3
Avg Revenue beat(8)0.26%
Revenue beat(12)5
Avg Revenue beat(12)1.44%
Revenue beat(16)5
Avg Revenue beat(16)-3.16%
PT rev (1m)0%
PT rev (3m)35.94%
EPS NQ rev (1m)-7.23%
EPS NQ rev (3m)-1211.76%
EPS NY rev (1m)-2.05%
EPS NY rev (3m)12.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)0.02%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.17
P/FCF 36.63
P/OCF 5.07
P/B 1.19
P/tB 14.8
EV/EBITDA 7.41
EPS(TTM)-4
EYN/A
EPS(NY)-1.57
Fwd EYN/A
FCF(TTM)1.08
FCFY2.73%
OCF(TTM)7.83
OCFY19.72%
SpS33.88
BVpS33.44
TBVpS2.68
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.54%
ROE -11.55%
ROCE 1.35%
ROIC 1.07%
ROICexc 1.18%
ROICexgc 1.77%
OM 4.01%
PM (TTM) N/A
GM 33.2%
FCFM 3.2%
ROA(3y)1.26%
ROA(5y)0.72%
ROE(3y)-1.84%
ROE(5y)-1.19%
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
ROICexgc growth 3YN/A
ROICexgc growth 5Y9.89%
ROICexc growth 3YN/A
ROICexc growth 5Y3.03%
OM growth 3YN/A
OM growth 5Y12.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.12%
GM growth 5Y1.7%
F-Score5
Asset Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 1.44
Debt/FCF 44.93
Debt/EBITDA 4.28
Cap/Depr 67.92%
Cap/Sales 19.9%
Interest Coverage 250
Cash Conversion 69.34%
Profit Quality N/A
Current Ratio 2.08
Quick Ratio 1.84
Altman-Z 0.76
F-Score5
WACC9.27%
ROIC/WACC0.12
Cap/Depr(3y)147.12%
Cap/Depr(5y)172.83%
Cap/Sales(3y)34.76%
Cap/Sales(5y)38.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%57.94%
EPS Next Y61.81%
EPS Next 2Y28.35%
EPS Next 3Y20.51%
EPS Next 5YN/A
Revenue 1Y (TTM)1.23%
Revenue growth 3Y23.2%
Revenue growth 5Y14.37%
Sales Q2Q%1.66%
Revenue Next Year3.44%
Revenue Next 2Y3.44%
Revenue Next 3Y4.03%
Revenue Next 5YN/A
EBIT growth 1Y11131%
EBIT growth 3YN/A
EBIT growth 5Y28.85%
EBIT Next Year1853.34%
EBIT Next 3Y175.39%
EBIT Next 5YN/A
FCF growth 1Y116.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y128.94%
OCF growth 3Y21.56%
OCF growth 5Y15.76%

VIASAT INC / VSAT FAQ

What is the fundamental rating for VSAT stock?

ChartMill assigns a fundamental rating of 3 / 10 to VSAT.


Can you provide the valuation status for VIASAT INC?

ChartMill assigns a valuation rating of 2 / 10 to VIASAT INC (VSAT). This can be considered as Overvalued.


Can you provide the profitability details for VIASAT INC?

VIASAT INC (VSAT) has a profitability rating of 3 / 10.


Can you provide the expected EPS growth for VSAT stock?

The Earnings per Share (EPS) of VIASAT INC (VSAT) is expected to grow by 61.81% in the next year.