DB:2JD

Stock Analysis Report

Executive Summary

Maxar Technologies Inc. provides earth intelligence and space infrastructure solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally.


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has Maxar Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2JD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

2JD

12.7%

DE Aerospace & Defense

9.1%

DE Market


1 Year Return

-83.9%

2JD

-33.5%

DE Aerospace & Defense

-13.1%

DE Market

Return vs Industry: 2JD underperformed the German Aerospace & Defense industry which returned 28.4% over the past year.

Return vs Market: 2JD underperformed the German Market which returned 17.1% over the past year.


Shareholder returns

2JDIndustryMarket
7 Day0%12.7%9.1%
30 Day-24.1%-20.7%-1.0%
90 Day-68.7%-40.8%-20.7%
1 Year-83.2%-83.9%-32.4%-33.5%-10.6%-13.1%
3 Year-82.8%-84.2%-7.9%-13.3%-10.7%-18.1%
5 Year-82.6%-84.5%10.6%-1.8%-10.7%-22.8%

Price Volatility Vs. Market

How volatile is Maxar Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Maxar Technologies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2JD (€8.3) is trading below our estimate of fair value (€60.9)

Significantly Below Fair Value: 2JD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2JD is unprofitable, so we can't compare its PE Ratio to the Aerospace & Defense industry average.

PE vs Market: 2JD is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2JD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2JD is good value based on its PB Ratio (0.2x) compared to the XE Aerospace & Defense industry average (2.3x).


Next Steps

Future Growth

How is Maxar Technologies forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

69.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2JD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: 2JD is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2JD's is expected to become profitable in the next 3 years.

Revenue vs Market: 2JD's revenue (0.8% per year) is forecast to grow slower than the German market (4.8% per year).

High Growth Revenue: 2JD's revenue (0.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2JD is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Maxar Technologies performed over the past 5 years?

-22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2JD is currently unprofitable.

Growing Profit Margin: 2JD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2JD is unprofitable, and losses have increased over the past 5 years at a rate of -22.3% per year.

Accelerating Growth: Unable to compare 2JD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2JD is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (15.2%).


Return on Equity

High ROE: 2JD has a negative Return on Equity (-20.82%), as it is currently unprofitable.


Next Steps

Financial Health

How is Maxar Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 2JD's short term assets ($755.8M) do not cover its short term liabilities ($804.0M).

Long Term Liabilities: 2JD's short term assets ($755.8M) do not cover its long term liabilities ($3.7B).


Debt to Equity History and Analysis

Debt Level: 2JD's debt to equity ratio (187.8%) is considered high.

Reducing Debt: 2JD's debt to equity ratio has increased from 107.7% to 187.8% over the past 5 years.

Debt Coverage: 2JD's debt is not well covered by operating cash flow (13.2%).

Interest Coverage: 2JD is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Maxar Technologies's current dividend yield, its reliability and sustainability?

20.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2JD's dividend (20.86%) is higher than the bottom 25% of dividend payers in the German market (1.38%).

High Dividend: 2JD's dividend (20.86%) is in the top 25% of dividend payers in the German market (3.53%)


Stability and Growth of Payments

Stable Dividend: 2JD has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2JD's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: 2JD is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: 2JD's dividends in 3 years are forecast to be well covered by earnings (26.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Howard Lance (62yo)

2.67s

Tenure

US$8,693,713

Compensation

Mr. Howard L. Lance, also known as Harris, serves as the Chairman, President and Chief Executive Officer at SSL MDA Holdings, Inc. Mr. Lance has been the Chief Executive Officer and President of MacDonald, ...


CEO Compensation Analysis

Compensation vs Market: Howard's total compensation ($USD8.69M) is above average for companies of similar size in the German market ($USD1.28M).

Compensation vs Earnings: Howard's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Howard Lance
President2.67yrsUS$8.69mno data
Andrea Bortner
Senior VP & Chief Human Resources Officerno dataUS$1.93mno data
Anil Wirasekara
Executive Vice President0.42yrUS$2.94mno data
Bruce Stephenson
Senior VP and Chief Strategy & Corporate Development Officerno dataUS$2.35mno data
Dario Zamarian
Group President of SSL1.58yrsUS$3.83mno data
Biggs Porter
CFO & Executive VP0.42yrno datano data
Jose Torres
Senior VP & Chief Accounting Officer1yrno datano data
Walter Scott
Executive VP & CTO1.25yrsno datano data
Jeff Robertson
Senior VPno datano datano data
Jason Gursky
Vice President of Investor Relations1.17yrsno datano data

1.2yrs

Average Tenure

60yo

Average Age

Experienced Management: 2JD's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Howard Lance
President2.67yrsUS$8.69mno data
Brian Kenning
Vice Chairmanno dataUS$160.00kno data
Eric Zahler
Independent Director4.67yrsUS$20.00kno data
Dennis Chookaszian
Independent Director13.5yrsUS$195.00kno data
Howell Estes
Chairman of the Board0.083yrUS$37.83kno data
Robert Phillips
Director15.25yrsUS$260.00kno data
Nicholas Cyprus
Director1.5yrsUS$37.83kno data
Joanne Isham
Independent Director2.17yrsUS$160.00kno data
William McCombe
0.92yrUS$2.30mno data
Lori Garver
Independent Director3.5yrsUS$180.00kno data

2.7yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 2JD's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 2JD insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Maxar Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maxar Technologies Inc.
  • Ticker: 2JD
  • Exchange: DB
  • Founded: 1969
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$693.433m
  • Listing Market Cap: US$604.743m
  • Shares outstanding: 59.17m
  • Website: https://www.maxar.com

Number of Employees


Location

  • Maxar Technologies Inc.
  • 1300 West 120th Avenue
  • Westminster
  • Colorado
  • 80234
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAXRTSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 2000
2JDDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2000
MAXRNYSE (New York Stock Exchange)YesCommon SharesUSUSDJul 2000

Biography

Maxar Technologies Ltd., a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, payloads and antenna subsystems, space-based and airborne surveillance solutions, and associated ground infrastructure and support services for communications and surveillance and intelligence applications. This segment also offers a range of services, such as television and radio distribution, broadband Internet, and mobile communications in the communications market; and spacecraft and subsystems for the U.S. government and other customers, as well as robotic systems for the space and terrestrial markets. It serves government agencies, communication satellite operators, and communication satellite manufacturers. The Imagery segment supplies integrated electro-optical and radar imagery products for the U.S., Canadian, and other international government agencies, such as defense and intelligence, as well as commercial customers in various markets. The Services segment provides geospatial products and services for the U.S. government, as well as for other international governments for intelligence, global development organizations, and commercial customers. The company was formerly known as MacDonald, Dettwiler and Associates Ltd. and changed its name to Maxar Technologies Ltd. in October 2017. Maxar Technologies Ltd. was founded in 1969 and is based in Westminster, Colorado. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/01/16 22:52
End of Day Share Price2018/12/28 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.