3.38%
-26.09%
45.71%
26.45%
-3.77%
42.99%
221.43%
AI Spotlight on GSAT
Company Description
Globalstar, Inc.provides mobile satellite services worldwide.The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment.
It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device.In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets.Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas.
The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website.As of December 31, 2020, it had approximately 745,000 subscribers.The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets.
Globalstar, Inc.has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights.The company was founded in 1993 and is headquartered in Covington, Louisiana.
Market Data
| Last Price | 1.53 |
| Change Percentage | 3.38% |
| Open | 1.48 |
| Previous Close | 1.48 |
| Market Cap ( Millions) | 2898 |
| Volume | 14864741 |
| Year High | 2.74 |
| Year Low | 1 |
| M A 50 | 1.95 |
| M A 200 | 1.41 |
Financial Ratios
| FCF Yield | 3.34% |
| Dividend Yield | 0.00% |
| ROE | -8.01% |
| Debt / Equity | 107.31% |
| Net Debt / EBIDTA | 447.09% |
| Price To Book | 7.35 |
| Price Earnings Ratio | -94.32 |
| Price To FCF | 29.93 |
| Price To sales | 12.0 |
| EV / EBITDA | 39.4 |
News
- Jan -29 - Why AST SpaceMobile Stock Crashed 9% on Wednesday
- Jan -24 - Globalstar: Undervalued And Diversifying Into High Margin High-Growth Opportunities
- Jan -21 - Globalstar Announces Intention to Voluntarily Delist from NYSE American and Transfer to Nasdaq Upon Completion of Reverse Stock Split
- Jan -09 - GSAT, Peiker Partner to Boost Satellite-Based Automotive Communication
- Jan -07 - Peiker Holding GmbH and Globalstar Announce Strategic Partnership to Bring Satellite-based Emergency Services and Telematics Capabilities to Automotive OEMs
- Dec -26 - 3 Satellite Stocks That Investors Could Keep an Eye on in 2025
- Dec -23 - GSAT Unveils Vision & Growth Plans at Investor Day 2024, Stock Up
- Dec -20 - Globalstar Outlines Growth Strategy and Financial Outlook at Investor Day
- Dec -19 - GSAT & Hawk Networks Team Up to Streamline Access to Band 53 Spectrum
- Dec -18 - Hawk Networks and Globalstar Announce Collaboration and Availability of Band 53 Spectrum on Hawk's Platform
- Dec -16 - Globalstar Uses XCOM RAN for 5G Data Call on Band n53 Spectrum
- Dec -12 - Globalstar has a different price point we can give to the market, says CEO Paul Jacobs
- Dec -03 - Parsons and Globalstar Announce Partnership, Demonstrate First Software Defined Satellite Communication Solutions in Low Earth Orbit
- Nov -27 - Globalstar: Apple's Satellite Service Expansion And Nasdaq Uplisting Could Launch This Stock Into Orbit
- Nov -21 - 3 Stocks to Watch From the Satellite and Communication Industry
- Nov -18 - Globalstar Announces Plans to Transfer Its Stock Listing to Uplist on Nasdaq
- Nov -11 - Globalstar: The Next Big Satellite Winner After Deal With Apple?
- Nov -09 - Undercovered Dozen: Asbury Automotive, Globalstar, Northland Power, Aquestive Therapeutics +
- Nov -07 - Globalstar, Inc. (GSAT) Q3 2024 Earnings Call Transcript
- Nov -05 - Globalstar: Upside Still Not Fully Priced In
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Service - Wholesale Capacity
Expected Growth : 5.5 %
What the company do ?
Globalstar's Wholesale Capacity Service enables telecom operators and service providers to purchase satellite bandwidth and voice services at wholesale rates for resale to their customers.
Why we expect these perspectives ?
Globalstar's Wholesale Capacity service growth is driven by increasing demand for IoT and M2M connectivity, expansion into new markets, and strategic partnerships. The 5.5% growth rate is also fueled by the company's investment in satellite technology and network infrastructure, enabling reliable and secure data transmission for customers.
Segment n°2 -> Service - SPOT
Expected Growth : 6.2 %
What the company do ?
SPOT from Globalstar, Inc. is a satellite-based messaging and tracking service, enabling users to send and receive messages, and track locations, from remote areas beyond cellular coverage.
Why we expect these perspectives ?
Globalstar's SPOT service growth of 6.2% is driven by increasing adoption in IoT and M2M applications, expansion in emerging markets, and rising demand for satellite-based remote asset tracking and monitoring solutions. Additionally, the company's strategic partnerships and investments in network infrastructure have improved service reliability and expanded coverage, further fueling growth.
Segment n°3 -> Service - Duplex
Expected Growth : 5.8 %
What the company do ?
Globalstar's Duplex service enables two-way communication between devices and the internet, allowing for real-time data transmission and reception.
Why we expect these perspectives ?
Globalstar's Duplex service growth is driven by increasing demand for IoT and M2M applications, expansion in emerging markets, and strategic partnerships. The 5.8% growth rate is also attributed to the service's unique features, such as low latency and high reliability, which cater to critical communication needs in industries like oil and gas, transportation, and government.
Segment n°4 -> Service - Commercial Internet of Things
Expected Growth : 6.5 %
What the company do ?
Globalstar's Commercial IoT service enables low-power, low-bandwidth IoT devices to transmit data via satellite, ideal for remote or underserved areas.
Why we expect these perspectives ?
Globalstar's Commercial IoT service growth is driven by increasing demand for remote monitoring and automation in industries such as oil and gas, transportation, and agriculture. The need for low-power, low-cost, and reliable connectivity solutions also fuels growth. Additionally, the rising adoption of IoT devices and the increasing importance of real-time data analytics contribute to the 6.5% growth rate.
Segment n°5 -> Subscriber Equipment - Commercial Internet of Things
Expected Growth : 6.8 %
What the company do ?
Globalstar's Subscriber Equipment - Commercial IoT provides satellite-based connectivity for IoT devices, enabling low-power, low-bandwidth communication for various industrial applications.
Why we expect these perspectives ?
Globalstar's Subscriber Equipment - Commercial Internet of Things (IoT) growth is driven by increasing demand for low-power wide-area networks, expanding industrial IoT applications, and rising adoption of satellite-based IoT solutions. Additionally, the growing need for remote monitoring, tracking, and automation in industries such as oil and gas, transportation, and agriculture is fueling growth.
Segment n°6 -> Subscriber Equipment - SPOT
Expected Growth : 6.0 %
What the company do ?
The SPOT (Satellite Phone and Tracker) is a handheld, satellite-based device from Globalstar, Inc. that allows users to send and receive messages, track their location, and make voice calls from remote areas beyond cellular coverage.
Why we expect these perspectives ?
Globalstar's SPOT subscriber equipment growth is driven by increasing demand for satellite-based IoT and M2M solutions, expansion into new markets, and rising adoption in outdoor recreation and industrial sectors. The 6.0% growth rate is also fueled by the company's strategic partnerships and investments in product development, enhancing the device's functionality and user experience.
Segment n°7 -> Service - Engineering and Other
Expected Growth : 5.2 %
What the company do ?
Globalstar's Service - Engineering and Other segment provides satellite-based services, including engineering, design, and implementation of satellite-based systems.
Why we expect these perspectives ?
Globalstar's Engineering and Other service segment growth of 5.2% is driven by increasing demand for satellite-based IoT solutions, expansion of existing customer relationships, and growing adoption of remote monitoring and tracking services across various industries, including oil and gas, transportation, and government.
Segment n°8 -> Subscriber Equipment - Other
Expected Growth : 5.0 %
What the company do ?
Subscriber Equipment - Other from Globalstar, Inc. refers to various devices and terminals used to connect to Globalstar's satellite network for voice and data communication services.
Why we expect these perspectives ?
Globalstar's Subscriber Equipment - Other segment growth of 5.0% is driven by increasing demand for IoT devices, expansion of satellite-based services, and growing adoption of remote monitoring and tracking solutions. Additionally, the company's strategic partnerships and investments in technology advancements are contributing to the segment's growth.
Globalstar, Inc. Products
| Product Range | What is it ? |
|---|---|
| Satellite Phones | Globalstar offers a range of satellite phones that provide voice and data communication services in remote areas where traditional cellular networks are unavailable. |
| Satellite Data Modems | Globalstar's satellite data modems enable machine-to-machine (M2M) and IoT applications, such as remote monitoring, tracking, and data transmission. |
| Satellite Asset Tracking | Globalstar's satellite asset tracking solutions provide real-time location and status information for remote assets, such as vehicles, containers, and equipment. |
| Satellite IoT Devices | Globalstar's satellite IoT devices enable low-power, low-cost IoT applications, such as smart metering, industrial automation, and environmental monitoring. |
| Satellite-Based Augmentation Systems (SBAS) | Globalstar's SBAS solutions provide augmentation signals to GPS, GLONASS, and Galileo satellite systems, enhancing accuracy and reliability. |
Globalstar, Inc.'s Porter Forces
Threat Of Substitutes
Globalstar's satellite-based services face moderate threat from substitutes, such as cellular networks and other satellite operators.
Bargaining Power Of Customers
Globalstar's customers, including government agencies and enterprises, have limited bargaining power due to the company's specialized services and limited competition.
Bargaining Power Of Suppliers
Globalstar relies on a few key suppliers for its satellite manufacturing and launch services, giving them moderate bargaining power.
Threat Of New Entrants
The high barriers to entry in the satellite industry, including significant capital requirements and regulatory hurdles, make it difficult for new entrants to challenge Globalstar.
Intensity Of Rivalry
Globalstar operates in a highly competitive industry with several established players, including Iridium Communications and Inmarsat, leading to a high intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 48.94% |
| Debt Cost | 8.20% |
| Equity Weight | 51.06% |
| Equity Cost | 8.20% |
| WACC | 8.20% |
| Leverage | 95.86% |
Globalstar, Inc. : Quality Control
Globalstar, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| OOMA | Ooma, Inc. provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications … |
| RBBN | Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP … |
| GOGO | Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. It operates through Commercial Aviation North America (CA-NA), Commercial Aviation Rest … |
| ATEX | Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, … |
| CNSL | Consolidated Communications Holdings, Inc., together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Ooma
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Consolidated Communications Holdings
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Anterix
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Ribbon Communications
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5
Gogo
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6
