Iridium Communications Statistics
Total Valuation
IRDM has a market cap or net worth of $3.33 billion. The enterprise value is $4.98 billion.
| Market Cap | 3.33B |
| Enterprise Value | 4.98B |
Important Dates
The next estimated earnings date is Thursday, February 13, 2025, before market open.
| Earnings Date | Feb 13, 2025 |
| Ex-Dividend Date | Dec 16, 2024 |
Share Statistics
IRDM has 113.85 million shares outstanding. The number of shares has decreased by -2.09% in one year.
| Current Share Class | 113.85M |
| Shares Outstanding | 113.85M |
| Shares Change (YoY) | -2.09% |
| Shares Change (QoQ) | -2.58% |
| Owned by Insiders (%) | 1.74% |
| Owned by Institutions (%) | 88.20% |
| Float | 101.33M |
Valuation Ratios
The trailing PE ratio is 31.57 and the forward PE ratio is 36.17. IRDM's PEG ratio is 0.26.
| PE Ratio | 31.57 |
| Forward PE | 36.17 |
| PS Ratio | 4.36 |
| Forward PS | 3.88 |
| PB Ratio | 5.03 |
| P/TBV Ratio | 7.07 |
| P/FCF Ratio | 11.19 |
| P/OCF Ratio | 9.26 |
| PEG Ratio | 0.26 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.38, with an EV/FCF ratio of 16.75.
| EV / Earnings | 43.48 |
| EV / Sales | 6.13 |
| EV / EBITDA | 12.38 |
| EV / EBIT | 25.21 |
| EV / FCF | 16.75 |
Financial Position
The company has a current ratio of 2.62, with a Debt / Equity ratio of 2.73.
| Current Ratio | 2.62 |
| Quick Ratio | 1.89 |
| Debt / Equity | 2.73 |
| Debt / EBITDA | 4.45 |
| Debt / FCF | 6.09 |
| Interest Coverage | 2.10 |
Financial Efficiency
Return on equity (ROE) is 14.41% and return on invested capital (ROIC) is 5.04%.
| Return on Equity (ROE) | 14.41% |
| Return on Assets (ROA) | 4.52% |
| Return on Capital (ROIC) | 5.04% |
| Revenue Per Employee | $1.06M |
| Profits Per Employee | $149,423 |
| Employee Count | 766 |
| Asset Turnover | 0.30 |
| Inventory Turnover | 2.95 |
Taxes
In the past 12 months, IRDM has paid $8.92 million in taxes.
| Income Tax | 8.92M |
| Effective Tax Rate | 7.23% |
Stock Price Statistics
The stock price has decreased by -27.34% in the last 52 weeks. The beta is 0.64, so IRDM's price volatility has been lower than the market average.
| Beta (5Y) | 0.64 |
| 52-Week Price Change | -27.34% |
| 50-Day Moving Average | 29.75 |
| 200-Day Moving Average | 28.25 |
| Relative Strength Index (RSI) | 45.39 |
| Average Volume (20 Days) | 1,049,219 |
Short Selling Information
The latest short interest is 7.70 million, so 6.76% of the outstanding shares have been sold short.
| Short Interest | 7.70M |
| Short Previous Month | 7.80M |
| Short % of Shares Out | 6.76% |
| Short % of Float | 7.60% |
| Short Ratio (days to cover) | 7.61 |
Income Statement
In the last 12 months, IRDM had revenue of $812.43 million and earned $114.46 million in profits. Earnings per share was $0.93.
| Revenue | 812.43M |
| Gross Profit | 586.46M |
| Operating Income | 197.37M |
| Pretax Income | 85.28M |
| Net Income | 114.46M |
| EBITDA | 401.83M |
| EBIT | 197.37M |
| Earnings Per Share (EPS) | $0.93 |
Balance Sheet
The company has $159.59 million in cash and $1.81 billion in debt, giving a net cash position of -$1.65 billion or -$14.50 per share.
| Cash & Cash Equivalents | 159.59M |
| Total Debt | 1.81B |
| Net Cash | -1.65B |
| Net Cash Per Share | -$14.50 |
| Equity (Book Value) | 663.76M |
| Book Value Per Share | 5.81 |
| Working Capital | 219.56M |
Cash Flow
In the last 12 months, operating cash flow was $358.97 million and capital expenditures -$61.82 million, giving a free cash flow of $297.15 million.
| Operating Cash Flow | 358.97M |
| Capital Expenditures | -61.82M |
| Free Cash Flow | 297.15M |
| FCF Per Share | $2.61 |
Margins
Gross margin is 72.19%, with operating and profit margins of 24.29% and 14.09%.
| Gross Margin | 72.19% |
| Operating Margin | 24.29% |
| Pretax Margin | 15.19% |
| Profit Margin | 14.09% |
| EBITDA Margin | 49.46% |
| EBIT Margin | 24.29% |
| FCF Margin | 36.58% |
Dividends & Yields
This stock pays an annual dividend of $0.56, which amounts to a dividend yield of 1.92%.
| Dividend Per Share | $0.56 |
| Dividend Yield | 1.92% |
| Dividend Growth (YoY) | 5.77% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 60.52% |
| Buyback Yield | 2.09% |
| Shareholder Yield | 4.01% |
| Earnings Yield | 3.44% |
| FCF Yield | 8.94% |
Analyst Forecast
The average price target for IRDM is $41.00, which is 40.36% higher than the current price. The consensus rating is "Buy".
| Price Target | $41.00 |
| Price Target Difference | 40.36% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 5.10% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
IRDM has an Altman Z-Score of 1.57 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.57 |
| Piotroski F-Score | 7 |