(SATS) EchoStar - Overview
Sector: Communication Services | Industry: Telecom Services | Exchange: NASDAQ (USA) | Market Cap: 35.995m USD | Total Return: 513.6% in 12m
Avg Turnover: 639M
Qual. Beats: 0
Rev. Trend: -14.3%
Qual. Beats: 0
Warnings
Interest Coverage Ratio -9.3 is critical
Altman Z'' -3.87 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Rs(ibd) Leader, Idiosyncratic Leader, Confidence
EchoStar Corporation (SATS) is a global provider of satellite-based communication and video delivery services. The company operates through four primary segments: Pay-TV, Wireless, Broadband and Satellite Services, and 5G Network deployment. Its portfolio includes consumer and enterprise brands such as DISH, Sling, Hughesnet, and Boost Mobile, offering services ranging from direct broadcast satellite and streaming video to mobile wireless and high-speed internet connectivity.
The company operates within the capital-intensive telecommunications sector, where business models increasingly rely on the convergence of terrestrial 5G infrastructure and non-terrestrial satellite networks. Following its merger with DISH Network, EchoStar’s strategy focuses on transitioning from a traditional satellite provider to a terrestrial wireless carrier to compete in the domestic mobile market. For a more granular perspective on these strategic shifts, ValueRay provides additional data points for your analysis.
EchoStar’s technical operations include the management of owned and leased satellite fleets, fiber optic networks, and digital broadcast centers. It serves a diverse client base encompassing residential households, small businesses, government agencies, and the aeronautical industry, providing both hardware manufacturing and managed network solutions across multiple continents.
- Ability to refinance high-yield debt maturities impacts long-term corporate solvency
- Subscriber churn in legacy DISH satellite TV business pressures recurring revenue
- Acceleration of Open RAN 5G network deployment determines wireless segment growth
- Spectrum asset valuation and potential monetization drive underlying shareholder equity
- Competition from low-earth orbit satellite providers threatens Hughesnet broadband margins
| Net Income: -14.4b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -1.23 > 1.0 |
| NWC/Revenue: -55.51% < 20% (prev 10.16%; Δ -65.66% < -1%) |
| CFO/TA -0.00 > 3% & CFO -67.8m > Net Income -14.4b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (289.0m) vs 12m ago 0.87% < -2% |
| Gross Margin: 27.08% > 18% (prev 0.28%; Δ 2.68k% > 0.5%) |
| Asset Turnover: 29.04% > 50% (prev 25.89%; Δ 3.15% > 0%) |
| Interest Coverage Ratio: -9.28 > 6 (EBITDA TTM -15.7b / Interest Expense TTM 1.83b) |
| A: -0.20 (Total Current Assets 3.55b - Total Current Liabilities 11.8b) / Total Assets 41.4b |
| B: -0.07 (Retained Earnings -3.03b / Total Assets 41.4b) |
| C: -0.33 (EBIT TTM -17.0b / Avg Total Assets 51.0b) |
| D: -0.09 (Book Value of Equity -3.21b / Total Liabilities 35.7b) |
| Altman-Z'' = -3.87 = D |
| DSRI: 1.13 (Receivables 1.26b/1.18b, Revenue 14.8b/15.7b) |
| GMI: 1.04 (GM 27.08% / 28.03%) |
| AQI: 1.27 (AQ_t 0.86 / AQ_t-1 0.67) |
| SGI: 0.94 (Revenue 14.8b / 15.7b) |
| TATA: -0.35 (NI -14.4b - CFO -67.8m) / TA 41.4b) |
| Beneish M = -3.13 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 124.20 with a total of 10,745,109 shares traded.
Over the past week, the price has changed by -9.50%,
over one month by +5.70%,
over three months by +16.31% and
over the past year by +513.64%.
EchoStar has received a consensus analysts rating of 3.71. Therefore, it is recommended to hold SATS.
- StrongBuy: 2
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 137.6 | 10.8% |
P/E Forward = 2.3105
P/S = 2.4316
P/B = 6.3919
P/EG = 1.3345
Revenue TTM = 14.8b USD
EBIT TTM = -17.0b USD
EBITDA TTM = -15.7b USD
Long Term Debt = 18.0b USD (from longTermDebt, last quarter)
Short Term Debt = 7.29b USD (from shortTermDebt, last quarter)
Debt = 33.3b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.99b
Net Debt = 31.8b USD (calculated: Debt 33.3b - CCE 1.52b)
Enterprise Value = 67.8b USD (36.0b + Debt 33.3b - CCE 1.52b)
Interest Coverage Ratio = -9.28 (Ebit TTM -17.0b / Interest Expense TTM 1.83b)
EV/FCF = -74.57x (Enterprise Value 67.8b / FCF TTM -908.6m)
FCF Yield = -1.34% (FCF TTM -908.6m / Enterprise Value 67.8b)
FCF Margin = -6.14% (FCF TTM -908.6m / Revenue TTM 14.8b)
Net Margin = -97.56% (Net Income TTM -14.4b / Revenue TTM 14.8b)
Gross Margin = 27.08% ((Revenue TTM 14.8b - Cost of Revenue TTM 10.8b) / Revenue TTM)
Gross Margin QoQ = 30.87% (prev 29.38%)
Tobins Q-Ratio = 1.64 (Enterprise Value 67.8b / Total Assets 41.4b)
Interest Expense / Debt = 5.50% (Interest Expense 1.83b / Debt 33.3b)
Taxrate = 21.0% (US default 21%)
NOPAT = -13.4b (EBIT -17.0b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.30 (Total Current Assets 3.55b / Total Current Liabilities 11.8b)
Debt / Equity = 5.91 (Debt 33.3b / totalStockholderEquity, last quarter 5.63b)
Debt / EBITDA = -2.02 (negative EBITDA) (Net Debt 31.8b / EBITDA -15.7b)
Debt / FCF = -34.95 (negative FCF - burning cash) (Net Debt 31.8b / FCF TTM -908.6m)
Total Stockholder Equity = 9.52b (last 4 quarters mean from totalStockholderEquity)
RoA = -28.33% (Net Income -14.4b / Total Assets 41.4b)
RoE = -115.1% (Net Income TTM -14.4b / Total Stockholder Equity 12.5b)
RoCE = -55.51% (EBIT -17.0b / Capital Employed (Equity 12.5b + L.T.Debt 18.0b))
RoIC = -36.33% (negative operating profit) (NOPAT -13.4b / Invested Capital 36.9b)
WACC = 7.32% (E(36.0b)/V(69.3b) * Re(10.07%) + D(33.3b)/V(69.3b) * Rd(5.50%) * (1-Tc(0.21)))
Discount Rate = 10.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 55.56 | Cagr: -0.52%
[DCF] Fair Price = unknown (Cash Flow -908.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.01 | # QB: 0
Revenue Correlation: -14.27 | Revenue CAGR: -5.51% | SUE: 0.59 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.17 | Chg30d=+160.69% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.78 | Chg30d=+698.15% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=1.71 | Chg30d=+713.34% | Revisions=+20% | GrowthEPS=+103.4% | GrowthRev=-3.7%
EPS next Year (2027-12-31): EPS=0.97 | Chg30d=+163.60% | Revisions=+20% | GrowthEPS=-43.3% | GrowthRev=-2.9%
[Analyst] Revisions Ratio: -20%