1.13%
-0.96%
-2.01%
0.14%
-20.74%
-19.90%
12.49%
AI Spotlight on IRDM
Company Description
Iridium Communications Inc.provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide.The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.
It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services.In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway.Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services.
Iridium Communications Inc.sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers.The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc.
in September 2009.Iridium Communications Inc.was founded in 2000 and is headquartered in McLean, Virginia.
Market Data
| Last Price | 28.74 |
| Change Percentage | 1.13% |
| Open | 28.28 |
| Previous Close | 28.42 |
| Market Cap ( Millions) | 3272 |
| Volume | 626239 |
| Year High | 36.32 |
| Year Low | 24.14 |
| M A 50 | 29.34 |
| M A 200 | 28.57 |
Financial Ratios
| FCF Yield | 9.08% |
| Dividend Yield | 1.91% |
| ROE | 14.34% |
| Debt / Equity | 270.40% |
| Net Debt / EBIDTA | 405.86% |
| Price To Book | 5.09 |
| Price Earnings Ratio | 29.49 |
| Price To FCF | 11.01 |
| Price To sales | 4.03 |
| EV / EBITDA | 12.18 |
News
- Jan -23 - Iridium Announces Release Date for Fourth-Quarter and Full Year 2024 Financial Results
- Jan -02 - Iridium to Participate at 27th Annual Needham Growth Conference
- Dec -29 - Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
- Dec -26 - 3 Satellite Stocks That Investors Could Keep an Eye on in 2025
- Dec -16 - Iridium & Blynk Advance Satellite IoT Solutions: Will IRDM Stock Gain?
- Dec -16 - Signal Boost: 2 Key Satellite Stocks Driving Industry Growth
- Dec -13 - Iridium Certus GMDSS Service Launch Redefines Global Maritime Safety
- Dec -12 - Blynk Selected by Iridium as Pre-Integrated Software Solution for their New Satellite IoT Development Kit
- Dec -12 - Iridium Transforms Satellite IoT with the Launch of Revolutionary Iridium Certus 9704 Module
- Dec -11 - Global Maritime Safety Enters New Era with the Launch of Iridium Certus GMDSS
- Dec -10 - Few firms could replicate Starlink's success: Iridium Communications
- Nov -21 - 3 Stocks to Watch From the Satellite and Communication Industry
- Oct -24 - Eutelsat to Deliver IRDM's Certus & STL Services to US Government
- Oct -23 - Eutelsat America Corp. and OneWeb Technologies to offer Iridium Certus and STL® Services to the U.S. Government
- Oct -18 - Iridium's Q3 Earnings Beat on Higher Revenues, Stock Soars 11%
- Oct -17 - Iridium Communications Inc. (IRDM) Q3 2024 Earnings Call Transcript
- Oct -17 - Iridium & GDMS Secure $491.6M SDA Contract: IRDM Stock to Gain?
- Oct -17 - Here's What Key Metrics Tell Us About Iridium (IRDM) Q3 Earnings
- Oct -17 - Iridium Communications (IRDM) Q3 Earnings and Revenues Surpass Estimates
- Oct -17 - Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA Outlook
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Service - Commercial
Expected Growth : 4.5 %
What the company do ?
Iridium Communications Inc.'s Service - Commercial provides global satellite voice and data communications for businesses, governments, and organizations.
Why we expect these perspectives ?
Iridium Communications Inc.'s Commercial Service segment growth of 4.5% is driven by increasing demand for satellite-based voice and data services, expansion in IoT and M2M markets, and growing adoption of satellite-based broadband services in remote and underserved areas.
Segment n°2 -> Service - Government
Expected Growth : 4.2 %
What the company do ?
Iridium Communications Inc.'s Government Service provides secure, reliable, and global satellite communications to government agencies, supporting critical missions and operations.
Why we expect these perspectives ?
Iridium Communications Inc.'s Government Service segment growth of 4.2% is driven by increasing demand for secure satellite communications from government agencies, expansion of existing contracts, and new business from emerging markets. Additionally, the company's investments in network modernization and its unique satellite constellation capabilities are also contributing to this growth.
Segment n°3 -> Subscriber Equipment
Expected Growth : 5.5 %
What the company do ?
Iridium Communications' Subscriber Equipment refers to user terminals and devices that connect to the Iridium satellite network, enabling voice and data communication services.
Why we expect these perspectives ?
Iridium Communications Inc.'s Subscriber Equipment segment growth of 5.5% is driven by increasing demand for satellite-based communication devices, particularly in the IoT, aviation, and maritime industries. Growing adoption of satellite-based services, expansion into new markets, and strategic partnerships are also contributing to this growth.
Segment n°4 -> Engineering and Support Services
Expected Growth : 4.8 %
What the company do ?
Iridium Communications Inc.'s Engineering and Support Services provide customized solutions for satellite-based communication systems, offering design, development, and maintenance support for global connectivity.
Why we expect these perspectives ?
Iridium Communications Inc.'s Engineering and Support Services segment growth of 4.8% is driven by increasing demand for satellite-based communication services, expansion of IoT and M2M applications, and growing need for secure and reliable connectivity in remote areas. Additionally, the company's investments in network modernization and its partnerships with government and commercial customers contribute to the segment's growth.
Iridium Communications Inc. Products
| Product Range | What is it ? |
|---|---|
| Iridium Satellite Phones | Iridium offers a range of satellite phones that provide global voice and data communications, enabling users to stay connected from anywhere on the planet. |
| Iridium Certus | Iridium Certus is a broadband service that provides high-speed internet and voice communications, enabling users to stay connected and productive on the go. |
| Iridium Short Burst Data (SBD) | Iridium SBD is a low-latency, two-way data service that enables machine-to-machine (M2M) and IoT applications, such as tracking, monitoring, and control. |
| Iridium Push-to-Talk (PTT) | Iridium PTT is a real-time, voice-based communication service that enables instant group communications, ideal for teams that require rapid coordination and response. |
| Iridium IoT and M2M Solutions | Iridium offers a range of IoT and M2M solutions that enable remote monitoring, tracking, and control of assets, equipment, and systems. |
Iridium Communications Inc.'s Porter Forces
Threat Of Substitutes
Iridium Communications Inc. has a low threat of substitutes due to its unique satellite-based communication services, making it difficult for substitutes to emerge.
Bargaining Power Of Customers
Iridium Communications Inc. has a medium bargaining power of customers due to the presence of a few large customers, but the company's unique services and high switching costs mitigate this power.
Bargaining Power Of Suppliers
Iridium Communications Inc. has a low bargaining power of suppliers due to its vertical integration and ownership of its satellite constellation, reducing its dependence on suppliers.
Threat Of New Entrants
Iridium Communications Inc. has a low threat of new entrants due to the high barriers to entry, including the need for significant capital investments and regulatory approvals.
Intensity Of Rivalry
Iridium Communications Inc. operates in a competitive industry, but its unique services and strong brand recognition help to mitigate the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 62.54% |
| Debt Cost | 3.95% |
| Equity Weight | 37.46% |
| Equity Cost | 7.84% |
| WACC | 5.40% |
| Leverage | 166.93% |
Iridium Communications Inc. : Quality Control
Iridium Communications Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| LBRDA | Liberty Broadband Corporation engages in the communications businesses. It operates through GCI Holdings and Charter segments. The GCI Holdings segment provides a range of wireless, data, video, voice, and managed … |
| ATNI | ATN International, Inc., through its subsidiaries, provides telecommunications services. It operates in three segments: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment provides fixed data and voice; … |
| FYBR | Frontier Communications Parent, Inc., together with its subsidiaries, provides communications services for consumer and business customers in 25 states in the United States. It offers data and Internet, voice, video, … |
| CHTR | Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based video services, including video on … |
| CCOI | Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Cogent Communications
A-Score
1-Year Total Return ->
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Charter
A-Score
1-Year Total Return ->
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Liberty Broadband
A-Score
1-Year Total Return ->
4
Frontier Communications Parent
A-Score
1-Year Total Return ->
5
Iridium Communications
A-Score
1-Year Total Return ->
6
