(IRDM) Iridium Communications - Overview
Sector: Communication ServicesIndustry: Telecom Services | Exchange NASDAQ (USA) | Currency USD | Market Cap: 3.115m | Total Return 5.2% in 12m
Avg Trading Vol: 47.3M USD
Peers RS (IBD): 82.8
EPS Trend: 73.5%
Qual. Beats: 0
Rev. Trend: 90.6%
Qual. Beats: 0
Iridium Communications Inc. (IRDM) provides mobile voice and data communication services globally. The company serves diverse clients including businesses, governments, NGOs, and consumers.
IRDMs offerings span mobile satellite communications for land and aviation, broadband solutions for maritime vessels, and satellite-based IoT services. Satellite communication providers operate a global network of orbiting satellites to deliver connectivity, often in remote areas beyond terrestrial networks.
The company also supplies various devices, such as personnel and asset trackers, specialized communications solutions, and military-grade equipment. IRDM distributes its products and services through a wholesale network of service providers and resellers.
Further research on ValueRay can provide detailed financial metrics and competitive analysis for IRDM.
- Government contracts drive consistent revenue growth
- IoT services expansion boosts subscriber base
- Satellite launch costs impact capital expenditures
- Global economic slowdown could reduce enterprise spending
- Regulatory changes affect spectrum usage and licensing
| Net Income: 114.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 0.39 > 1.0 |
| NWC/Revenue: 18.91% < 20% (prev 14.87%; Δ 4.04% < -1%) |
| CFO/TA 0.16 > 3% & CFO 400.1m > Net Income 114.4m |
| Net Debt (1.66b) to EBITDA (450.1m): 3.70 < 3 |
| Current Ratio: 2.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (104.8m) vs 12m ago -9.16% < -2% |
| Gross Margin: 55.04% > 18% (prev 0.48%; Δ 5.46k% > 0.5%) |
| Asset Turnover: 33.51% > 50% (prev 31.09%; Δ 2.41% > 0%) |
| Interest Coverage Ratio: 2.52 > 6 (EBITDA TTM 450.1m / Interest Expense TTM 95.0m) |
| A: 0.07 (Total Current Assets 276.5m - Total Current Liabilities 111.7m) / Total Assets 2.53b |
| B: -0.17 (Retained Earnings -418.6m / Total Assets 2.53b) |
| C: 0.09 (EBIT TTM 239.8m / Avg Total Assets 2.60b) |
| D: -0.20 (Book Value of Equity -418.0m / Total Liabilities 2.07b) |
| Altman-Z'' Score: 0.30 = B |
| DSRI: 0.90 (Receivables 93.8m/98.8m, Revenue 871.7m/830.7m) |
| GMI: 0.87 (GM 55.04% / 47.79%) |
| AQI: 0.93 (AQ_t 0.10 / AQ_t-1 0.11) |
| SGI: 1.05 (Revenue 871.7m / 830.7m) |
| TATA: -0.11 (NI 114.4m - CFO 400.1m) / TA 2.53b) |
| Beneish M-Score: -3.35 (Cap -4..+1) = AA |
Over the past week, the price has changed by +6.31%, over one month by +17.45%, over three months by +64.02% and over the past year by +5.18%.
- StrongBuy: 6
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| ISSUER | TARGET | UP/DOWN |
|---|---|---|
| Wallstreet Target Price | 29 | 3.7% |
| Analysts Target Price | 29 | 3.7% |
P/E Forward = 23.0415
P/S = 3.5738
P/B = 5.7629
P/EG = 1.5345
Revenue TTM = 871.7m USD
EBIT TTM = 239.8m USD
EBITDA TTM = 450.1m USD
Long Term Debt = 1.76b USD (from longTermDebt, last quarter)
Short Term Debt = 7.47m USD (from shortTermDebt, last quarter)
Debt = 1.76b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.66b USD (from netDebt column, last quarter)
Enterprise Value = 4.78b USD (3.12b + Debt 1.76b - CCE 96.5m)
Interest Coverage Ratio = 2.52 (Ebit TTM 239.8m / Interest Expense TTM 95.0m)
EV/FCF = 15.94x (Enterprise Value 4.78b / FCF TTM 299.8m)
FCF Yield = 6.27% (FCF TTM 299.8m / Enterprise Value 4.78b)
FCF Margin = 34.39% (FCF TTM 299.8m / Revenue TTM 871.7m)
Net Margin = 13.12% (Net Income TTM 114.4m / Revenue TTM 871.7m)
Gross Margin = 55.04% ((Revenue TTM 871.7m - Cost of Revenue TTM 391.9m) / Revenue TTM)
Gross Margin QoQ = 79.14% (prev 48.71%)
Tobins Q-Ratio = 1.89 (Enterprise Value 4.78b / Total Assets 2.53b)
Interest Expense / Debt = 1.20% (Interest Expense 21.1m / Debt 1.76b)
Taxrate = 24.32% (7.99m / 32.9m)
NOPAT = 181.5m (EBIT 239.8m * (1 - 24.32%))
Current Ratio = 2.48 (Total Current Assets 276.5m / Total Current Liabilities 111.7m)
Debt / Equity = 3.81 (Debt 1.76b / totalStockholderEquity, last quarter 462.6m)
Debt / EBITDA = 3.70 (Net Debt 1.66b / EBITDA 450.1m)
Debt / FCF = 5.55 (Net Debt 1.66b / FCF TTM 299.8m)
Total Stockholder Equity = 476.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.40% (Net Income 114.4m / Total Assets 2.53b)
RoE = 24.01% (Net Income TTM 114.4m / Total Stockholder Equity 476.3m)
RoCE = 10.74% (EBIT 239.8m / Capital Employed (Equity 476.3m + L.T.Debt 1.76b))
RoIC = 7.99% (NOPAT 181.5m / Invested Capital 2.27b)
WACC = 5.77% (E(3.12b)/V(4.88b) * Re(8.52%) + D(1.76b)/V(4.88b) * Rd(1.20%) * (1-Tc(0.24)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -7.61%
[DCF] Terminal Value 86.43% ; FCFF base≈302.3m ; Y1≈305.2m ; Y5≈329.9m
[DCF] Fair Price = 77.45 (EV 9.79b - Net Debt 1.66b = Equity 8.13b / Shares 105.0m; r=6.0% [WACC]; 5y FCF grow 0.54% → 3.0% )
EPS Correlation: 73.45 | EPS CAGR: 100.4% | SUE: 0.37 | # QB: 0
Revenue Correlation: 90.63 | Revenue CAGR: 6.49% | SUE: -1.62 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.28 | Chg7d=-0.012 | Chg30d=-0.010 | Revisions Net=-1 | Analysts=3
EPS current Year (2026-12-31): EPS=1.18 | Chg7d=-0.032 | Chg30d=+0.020 | Revisions Net=+1 | Growth EPS=+8.3% | Growth Revenue=+1.1%
EPS next Year (2027-12-31): EPS=1.31 | Chg7d=-0.023 | Chg30d=-0.095 | Revisions Net=+0 | Growth EPS=+11.0% | Growth Revenue=+3.8%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.9% (Discount Rate 8.5% - Earnings Yield 3.6%)
[Growth] Growth Spread = -3.1% (Analyst 1.8% - Implied 4.9%)