(ASTS) Ast Spacemobile - Overview
Sector: Technology | Industry: Communication Equipment | Exchange: NASDAQ (USA) | Market Cap: 32.474m USD | Total Return: 333.7% in 12m
Avg Turnover: 1.51B
Qual. Beats: -1
Rev. Trend: 38.2%
Qual. Beats: -1
Warnings
Share dilution 29.8% YoY
Interest Coverage Ratio -13.1 is critical
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Extended 1w Volatile
Tailwinds
Leader, Tailwind, Pullback 52w
AST SpaceMobile, Inc. (ASTS) is a Texas-based aerospace company developing the BlueBird satellite constellation. Its primary objective is to operate a space-based cellular broadband network that connects directly to standard, unmodified smartphones. This technology aims to eliminate connectivity gaps for commercial and government users in areas lacking terrestrial infrastructure.
The company operates within the satellite-to-cell sector, a niche that utilizes Low Earth Orbit (LEO) satellites to provide lower latency compared to traditional geostationary systems. Unlike legacy satellite phone services that require specialized hardware, ASTS utilizes a wholesale business model by partnering with existing Mobile Network Operators (MNOs) to extend their coverage via the company’s orbital architecture.
For more detailed financial metrics and valuation analysis, consider exploring the data available on ValueRay.
- Launch cadence of BlueBird satellites determines path to commercial revenue generation
- Strategic partnerships with major telecom carriers drive subscriber base and validation
- High capital expenditure requirements necessitate frequent equity or debt financing rounds
- FCC licensing and regulatory approvals dictate timeline for global service rollout
- Successful demonstration of direct-to-cell technology performance impacts investor confidence and valuation
| Net Income: -487.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.26 > 0.02 and ΔFCF/TA 21.56 > 1.0 |
| NWC/Revenue: 3.51k% < 20% (prev 17.5k%; Δ -14.0k% < -1%) |
| CFO/TA -0.02 > 3% & CFO -91.0m > Net Income -487.2m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 18.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (290.7m) vs 12m ago 29.79% < -2% |
| Gross Margin: -40.80% > 18% (prev -14.23%; Δ -2.66k% > 0.5%) |
| Asset Turnover: 2.29% > 50% (prev 0.34%; Δ 1.95% > 0%) |
| Interest Coverage Ratio: -13.14 > 6 (EBITDA TTM -469.8m / Interest Expense TTM 40.1m) |
| A: 0.49 (Total Current Assets 3.15b - Total Current Liabilities 170.7m) / Total Assets 6.05b |
| B: -0.17 (Retained Earnings -1.02b / Total Assets 6.05b) |
| C: -0.14 (EBIT TTM -527.2m / Avg Total Assets 3.71b) |
| D: -0.30 (Book Value of Equity -1.02b / Total Liabilities 3.39b) |
| Altman-Z'' = 1.41 = BB |
| DSRI: 22.31 (Receivables 572.3m/1.40m, Revenue 84.9m/4.64m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 25.97 (AQ_t 0.21 / AQ_t-1 0.01) |
| SGI: 18.32 (Revenue 84.9m / 4.64m) |
| TATA: -0.07 (NI -487.2m - CFO -91.0m) / TA 6.05b) |
| Beneish M = 41.67 (Cap -4..+1) = D |
As of May 24, 2026, the stock is trading at USD 105.86 with a total of 29,630,727 shares traded.
Over the past week, the price has changed by +26.52%,
over one month by +25.04%,
over three months by +26.17% and
over the past year by +333.67%.
Ast Spacemobile has received a consensus analysts rating of 4.29. Therefore, it is recommended to buy ASTS.
- StrongBuy: 3
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 83.9 | -20.7% |
P/B = 12.1728
Revenue TTM = 84.9m USD
EBIT TTM = -527.2m USD
EBITDA TTM = -469.8m USD
Long Term Debt = 2.21b USD (from longTermDebt, last fiscal year)
Short Term Debt = 11.3m USD (from shortTermDebt, last quarter)
Debt = 2.24b USD (corrected: LT Debt 2.21b + ST Debt 11.3m) + Leases 19.9m
Net Debt = 131.3m USD (calculated: Debt 2.24b - CCE 2.11b)
Enterprise Value = 32.6b USD (32.5b + Debt 2.24b - CCE 2.11b)
Interest Coverage Ratio = -13.14 (Ebit TTM -527.2m / Interest Expense TTM 40.1m)
EV/FCF = -20.40x (Enterprise Value 32.6b / FCF TTM -1.60b)
FCF Yield = -4.90% (FCF TTM -1.60b / Enterprise Value 32.6b)
FCF Margin = -1.88k% (FCF TTM -1.60b / Revenue TTM 84.9m)
Net Margin = -573.7% (Net Income TTM -487.2m / Revenue TTM 84.9m)
Gross Margin = -40.80% ((Revenue TTM 84.9m - Cost of Revenue TTM 119.6m) / Revenue TTM)
Gross Margin QoQ = 24.92% (prev -68.11%)
Tobins Q-Ratio = 5.39 (Enterprise Value 32.6b / Total Assets 6.05b)
Interest Expense / Debt = 1.79% (Interest Expense 40.1m / Debt 2.24b)
Taxrate = 21.0% (US default 21%)
NOPAT = -416.5m (EBIT -527.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 13.62 (Total Current Assets 3.15b / Total Current Liabilities 231.6m)
Debt / Equity = 1.08 (Debt 2.24b / totalStockholderEquity, last quarter 2.08b)
Debt / EBITDA = -0.28 (negative EBITDA) (Net Debt 131.3m / EBITDA -469.8m)
Debt / FCF = -0.08 (negative FCF - burning cash) (Net Debt 131.3m / FCF TTM -1.60b)
Total Stockholder Equity = 1.51b (last 4 quarters mean from totalStockholderEquity)
RoA = -13.13% (Net Income -487.2m / Total Assets 6.05b)
RoE = -19.26% (Net Income TTM -487.2m / Total Stockholder Equity 2.53b)
RoCE = -11.13% (EBIT -527.2m / Capital Employed (Equity 2.53b + L.T.Debt 2.21b))
RoIC = -7.18% (negative operating profit) (NOPAT -416.5m / Invested Capital 5.80b)
WACC = 13.74% (E(32.5b)/V(34.7b) * Re(14.59%) + D(2.24b)/V(34.7b) * Rd(1.79%) * (1-Tc(0.21)))
Discount Rate = 14.59% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 95.56 | Cagr: 68.25%
[DCF] Fair Price = unknown (Cash Flow -1.60b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.44 | # QB: -1
Revenue Correlation: 38.19 | Revenue CAGR: 70.69% | SUE: -1.89 | # QB: -1
EPS current Quarter (2026-06-30): EPS=-0.29 | Chg30d=-35.07% | Revisions=N/A | Analysts=6
EPS next Quarter (2026-09-30): EPS=-0.30 | Chg30d=-24.87% | Revisions=N/A | Analysts=6
EPS current Year (2026-12-31): EPS=-1.42 | Chg30d=-60.85% | Revisions=+0% | GrowthEPS=-5.8% | GrowthRev=+138.4%
EPS next Year (2027-12-31): EPS=-0.52 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+63.3% | GrowthRev=+334.4%
[Analyst] Revisions Ratio: +0%