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May 24
U.S. Alternative Carriers Industry Analysis
UpdatedJun 05, 2023
DataAggregated Company Financials
Companies35
- 7D1.9%
- 3M-12.4%
- 1Y-34.2%
- YTD-13.2%
Over the last 7 days, the Alternative Carriers industry has risen 1.9%, driven by gains from Iridium Communications of 3.7%. In the past year, the industry is down 34%. Looking forward, earnings are forecast to grow by 50% annually.
Industry Valuation and Performance
Has the U.S. Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | US$25.5b | US$33.1b | -US$3,311,106,528.00 | 22.4x | -7.7x | 0.8x |
| Thu, 04 May 2023 | US$26.6b | US$33.2b | -US$1,405,779,253.00 | 14.1x | -18.9x | 0.8x |
| Sat, 01 Apr 2023 | US$27.9b | US$34.0b | -US$1,330,632,322.00 | 19.8x | -21x | 0.8x |
| Mon, 27 Feb 2023 | US$29.4b | US$34.0b | -US$1,357,871,356.00 | 19.9x | -21.7x | 0.9x |
| Wed, 25 Jan 2023 | US$32.0b | US$35.1b | US$6.6b | 28.7x | 4.8x | 0.9x |
| Fri, 23 Dec 2022 | US$28.5b | US$35.1b | US$6.6b | 17.4x | 4.3x | 0.8x |
| Sun, 20 Nov 2022 | US$31.5b | US$35.1b | US$6.6b | 23.9x | 4.8x | 0.9x |
| Tue, 18 Oct 2022 | US$28.9b | US$35.6b | US$4.6b | 11.8x | 6.2x | 0.8x |
| Thu, 15 Sep 2022 | US$34.6b | US$35.6b | US$4.6b | 13.8x | 7.5x | 1x |
| Sat, 13 Aug 2022 | US$39.7b | US$35.6b | US$4.7b | 16.9x | 8.5x | 1.1x |
| Mon, 11 Jul 2022 | US$36.7b | US$37.0b | US$14.5b | 11.8x | 2.5x | 1x |
| Wed, 08 Jun 2022 | US$40.5b | US$37.0b | US$14.5b | 23.2x | 2.8x | 1.1x |
| Fri, 06 May 2022 | US$37.9b | US$38.1b | US$14.9b | 26.5x | 2.5x | 1x |
| Sun, 03 Apr 2022 | US$42.6b | US$38.4b | US$14.8b | 22.3x | 2.9x | 1.1x |
| Tue, 01 Mar 2022 | US$39.7b | US$38.4b | US$14.8b | 23x | 2.7x | 1x |
| Thu, 27 Jan 2022 | US$41.5b | US$40.3b | US$11.1b | 17.4x | 3.8x | 1x |
| Sat, 25 Dec 2021 | US$46.8b | US$40.3b | US$11.1b | 19.1x | 4.2x | 1.2x |
| Mon, 22 Nov 2021 | US$49.3b | US$40.5b | US$11.0b | 20.3x | 4.5x | 1.2x |
| Wed, 20 Oct 2021 | US$50.6b | US$41.4b | US$9.4b | 15.7x | 5.4x | 1.2x |
| Fri, 17 Sep 2021 | US$49.8b | US$39.4b | US$9.2b | 13.9x | 5.4x | 1.3x |
| Sun, 15 Aug 2021 | US$46.0b | US$39.2b | US$9.3b | 15.6x | 5x | 1.2x |
| Thu, 10 Jun 2021 | US$47.3b | US$38.7b | -US$2,934,909,847.30 | 27.6x | -16.1x | 1.2x |
| Wed, 03 Mar 2021 | US$43.5b | US$37.8b | -US$3,806,346,535.09 | 50.6x | -11.4x | 1.2x |
| Sat, 05 Dec 2020 | US$36.2b | US$37.4b | -US$1,679,118,158.93 | 14.9x | -21.6x | 1x |
| Tue, 08 Sep 2020 | US$36.4b | US$37.5b | -US$9,684,755.21 | 16.5x | -3762.5x | 1x |
Price to Earnings Ratio
-3490.3x
Current Industry PE
- Investors are pessimistic on the American Alternative Carriers industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.77x.
Past Earnings Growth
- The earnings for companies in the Alternative Carriers industry have deteriorated over the last three years.
- Revenues have also declined 4.1% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Comparison
How does U.S. Alternative Carriers compare with similar industries?
| US Market | 2.08% | |
| Telecom | 1.12% | |
| Telecom Services and Carriers | -1.11% | |
| Alternative Carriers | 1.89% | |
| Integrated Telecom Services | -1.39% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IRDM Iridium Communications | US$61.44 | 1.7% +US$132.2m | 63.9% | PE493.6x | |
| LILA Liberty Latin America | US$7.92 | 6.3% +US$100.6m | -14.0% | PS0.4x | |
| GSAT Globalstar | US$1.15 | 2.7% +US$54.4m | -12.9% | PS12x | |
| ASTS AST SpaceMobile | US$5.67 | 3.7% +US$15.2m | -26.4% | PS37.7x | |
| ATEX Anterix | US$32.97 | 2.0% +US$12.5m | -26.8% | PS378x |