(VSAT) ViaSat - Overview
Stock: Satellite, Broadband, Terminals, Defense, Satellites,
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 80.7% |
| Relative Tail Risk | -12.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.22 |
| Alpha | 332.26 |
| Character TTM | |
|---|---|
| Beta | 1.805 |
| Beta Downside | 1.570 |
| Drawdowns 3y | |
|---|---|
| Max DD | 85.53% |
| CAGR/Max DD | 0.10 |
Description: VSAT ViaSat January 13, 2026
ViaSat Inc. (NASDAQ: VSAT) is a diversified broadband and communications provider operating in two primary segments-Communication Services and Defense & Advanced Technologies. The firm delivers satellite-based broadband and narrowband solutions, in-flight connectivity, and a suite of government-focused products ranging from tactical beyond-line-of-sight radios to high-assurance encryption and cybersecurity services. Its portfolio spans GEO, MEO, and LEO satellite design, payload and antenna development, as well as ground-segment hardware such as Ka-band earth stations and multi-band terminals.
Key quantitative signals (FY 2023) include total revenue of roughly **$2.1 billion**, a **12 % year-over-year growth** driven largely by the commercial broadband segment, and a **backlog of $1.3 billion** that reflects multi-year contracts for defense and government customers. The company’s **in-flight connectivity market share** has risen to an estimated **15 %**, supported by a partnership with major airlines to expand high-speed Wi-Fi on narrow-body fleets. Macro-level drivers include rising global demand for high-capacity satellite capacity (e.g., 5G backhaul and IoT), sustained U.S. defense spending on secure communications, and the cost-compression trend in launch services that makes LEO constellations more economically viable.
If you want a data-rich, model-ready perspective on VSAT’s valuation and risk profile, consider checking out ValueRay’s analyst toolkit for a deeper dive.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: -522.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 4.22 > 1.0 |
| NWC/Revenue: 27.56% < 20% (prev 33.96%; Δ -6.40% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.06b > Net Income -522.3m |
| Net Debt (5.85b) to EBITDA (1.37b): 4.26 < 3 |
| Current Ratio: 2.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (131.6m) vs 12m ago 2.48% < -2% |
| Gross Margin: 33.20% > 18% (prev 0.32%; Δ 3288 % > 0.5%) |
| Asset Turnover: 28.19% > 50% (prev 25.50%; Δ 2.69% > 0%) |
| Interest Coverage Ratio: 0.11 > 6 (EBITDA TTM 1.37b / Interest Expense TTM 382.1m) |
Altman Z'' 0.43
| A: 0.09 (Total Current Assets 2.44b - Total Current Liabilities 1.17b) / Total Assets 14.76b |
| B: -0.03 (Retained Earnings -443.4m / Total Assets 14.76b) |
| C: 0.00 (EBIT TTM 43.5m / Avg Total Assets 16.26b) |
| D: -0.05 (Book Value of Equity -470.5m / Total Liabilities 10.18b) |
| Altman-Z'' Score: 0.43 = B |
Beneish M -3.18
| DSRI: 0.86 (Receivables 682.8m/781.2m, Revenue 4.58b/4.53b) |
| GMI: 0.97 (GM 33.20% / 32.04%) |
| AQI: 1.16 (AQ_t 0.31 / AQ_t-1 0.27) |
| SGI: 1.01 (Revenue 4.58b / 4.53b) |
| TATA: -0.11 (NI -522.3m - CFO 1.06b) / TA 14.76b) |
| Beneish M-Score: -3.18 (Cap -4..+1) = AA |
What is the price of VSAT shares?
Over the past week, the price has changed by -2.24%, over one month by +14.36%, over three months by +14.66% and over the past year by +377.03%.
Is VSAT a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the VSAT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 41.1 | -6.6% |
| Analysts Target Price | 41.1 | -6.6% |
| ValueRay Target Price | 49.4 | 12.1% |
VSAT Fundamental Data Overview February 03, 2026
P/B = 1.3823
P/EG = 94.32
Revenue TTM = 4.58b USD
EBIT TTM = 43.5m USD
EBITDA TTM = 1.37b USD
Long Term Debt = 6.53b USD (from longTermDebt, last quarter)
Short Term Debt = 117.1m USD (from shortTermDebt, last quarter)
Debt = 7.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.85b USD (from netDebt column, last quarter)
Enterprise Value = 11.96b USD (6.11b + Debt 7.08b - CCE 1.23b)
Interest Coverage Ratio = 0.11 (Ebit TTM 43.5m / Interest Expense TTM 382.1m)
EV/FCF = 81.60x (Enterprise Value 11.96b / FCF TTM 146.5m)
FCF Yield = 1.23% (FCF TTM 146.5m / Enterprise Value 11.96b)
FCF Margin = 3.20% (FCF TTM 146.5m / Revenue TTM 4.58b)
Net Margin = -11.40% (Net Income TTM -522.3m / Revenue TTM 4.58b)
Gross Margin = 33.20% ((Revenue TTM 4.58b - Cost of Revenue TTM 3.06b) / Revenue TTM)
Gross Margin QoQ = 33.74% (prev 34.96%)
Tobins Q-Ratio = 0.81 (Enterprise Value 11.96b / Total Assets 14.76b)
Interest Expense / Debt = 1.14% (Interest Expense 81.0m / Debt 7.08b)
Taxrate = 21.0% (US default 21%)
NOPAT = 34.4m (EBIT 43.5m * (1 - 21.00%))
Current Ratio = 2.08 (Total Current Assets 2.44b / Total Current Liabilities 1.17b)
Debt / Equity = 1.56 (Debt 7.08b / totalStockholderEquity, last quarter 4.52b)
Debt / EBITDA = 4.26 (Net Debt 5.85b / EBITDA 1.37b)
Debt / FCF = 39.91 (Net Debt 5.85b / FCF TTM 146.5m)
Total Stockholder Equity = 4.60b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.21% (Net Income -522.3m / Total Assets 14.76b)
RoE = -11.36% (Net Income TTM -522.3m / Total Stockholder Equity 4.60b)
RoCE = 0.39% (EBIT 43.5m / Capital Employed (Equity 4.60b + L.T.Debt 6.53b))
RoIC = 0.30% (NOPAT 34.4m / Invested Capital 11.41b)
WACC = 6.31% (E(6.11b)/V(13.19b) * Re(12.57%) + D(7.08b)/V(13.19b) * Rd(1.14%) * (1-Tc(0.21)))
Discount Rate = 12.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.56%
[DCF Debug] Terminal Value 84.43% ; FCFF base≈146.5m ; Y1≈143.6m ; Y5≈146.1m
Fair Price DCF = N/A (negative equity: EV 3.85b - Net Debt 5.85b = -2.00b; debt exceeds intrinsic value)
EPS Correlation: -6.57 | EPS CAGR: 13.81% | SUE: 0.76 | # QB: 0
Revenue Correlation: 87.88 | Revenue CAGR: 17.39% | SUE: -0.16 | # QB: 0
EPS next Year (2027-03-31): EPS=0.71 | Chg30d=+0.442 | Revisions Net=+1 | Growth EPS=+56.2% | Growth Revenue=+3.3%