AST SpaceMobile, Inc.

BMV:ASTS * Stock Report

Market Cap: Mex$143.0b

AST SpaceMobile Valuation

Is ASTS * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ASTS * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASTS * (MX$591) is trading below our estimate of fair value (MX$16733.6)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASTS *?

Key metric: As ASTS * barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for ASTS *. This is calculated by dividing ASTS *'s market cap by their current book value.
What is ASTS *'s PB Ratio?
PB Ratio15.6x
BookUS$308.92m
Market CapUS$6.98b

Price to Book Ratio vs Peers

How does ASTS *'s PB Ratio compare to its peers?

The above table shows the PB ratio for ASTS * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average7.9x
SITES1 A-1 Operadora de Sites Mexicanos. de
1.6x55.8%Mex$45.3b
LBTY.A Liberty Global
0.3x53.3%US$4.8b
LASITE B-1 Sitios Latinoamérica. de
6.2xn/aMex$10.1b
LUMN Lumen Technologies
23.4x68.9%US$8.0b
ASTS * AST SpaceMobile
15.6x78.5%Mex$7.0b

Price-To-Book vs Peers: ASTS * is expensive based on its Price-To-Book Ratio (15.6x) compared to the peer average (7.9x).

Price to Book Ratio vs Industry

How does ASTS *'s PB Ratio compare vs other companies in the Global Telecom Industry?

7 CompaniesPrice / BookEstimated GrowthMarket Cap
No. of Companies30PB01.22.43.64.86+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: ASTS * is expensive based on its Price-To-Book Ratio (15.6x) compared to the Global Telecom industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is ASTS *'s PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASTS * PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio15.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ASTS *'s Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ASTS * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
Mex$727.42
0%
35.9%Mex$1,072.71Mex$303.60n/a5
Nov ’25n/a
Mex$757.36
0%
42.2%Mex$1,256.29Mex$299.12n/a5
Oct ’25Mex$510.00
Mex$757.36
+48.5%
42.2%Mex$1,256.29Mex$299.12n/a5
Sep ’25Mex$649.00
Mex$590.62
-9.0%
36.1%Mex$910.32Mex$297.49n/a5
Aug ’25n/a
Mex$317.74
0%
21.0%Mex$405.94Mex$239.87n/a5
Jul ’25n/a
Mex$285.01
0%
21.4%Mex$402.46Mex$235.99n/a5
Jun ’25n/a
Mex$244.40
0%
33.4%Mex$373.91Mex$118.97n/a5
May ’25n/a
Mex$215.25
0%
37.1%Mex$322.53Mex$118.83n/a5
Apr ’25n/a
Mex$226.94
0%
43.6%Mex$386.65Mex$117.67n/a5
Mar ’25n/a
Mex$303.70
0%
21.3%Mex$395.38Mex$257.86n/a3
Feb ’25n/a
Mex$303.70
0%
21.3%Mex$395.38Mex$257.86n/a3
Jan ’25n/a
Mex$303.70
0%
21.3%Mex$395.38Mex$257.86n/a3
Dec ’24n/a
Mex$303.70
0%
21.3%Mex$395.38Mex$257.86n/a3
Nov ’24n/a
Mex$378.63
0%
38.8%Mex$586.27Mex$274.81n/a3
Oct ’24n/a
Mex$352.85
0%
38.8%Mex$546.35Mex$256.10Mex$510.003
Sep ’24n/a
Mex$353.82
0%
38.8%Mex$547.85Mex$256.81Mex$649.003
Aug ’24n/a
Mex$346.05
0%
38.8%Mex$535.82Mex$251.17n/a3
Jul ’24n/a
Mex$382.98
0%
38.8%Mex$593.00Mex$277.97n/a3
Jun ’24n/a
Mex$382.98
0%
38.8%Mex$593.00Mex$277.97n/a3
May ’24n/a
Mex$382.98
0%
38.8%Mex$593.00Mex$277.97n/a3
Apr ’24n/a
Mex$382.98
0%
38.8%Mex$593.00Mex$277.97n/a3
Mar ’24n/a
Mex$382.98
0%
38.8%Mex$593.00Mex$277.97n/a3
Feb ’24n/a
Mex$400.69
0%
38.8%Mex$620.43Mex$290.82n/a3
Jan ’24n/a
Mex$400.69
0%
38.8%Mex$620.43Mex$290.82n/a3
Dec ’23n/a
Mex$400.69
0%
38.8%Mex$620.43Mex$290.82n/a3
Nov ’23n/a
Mex$395.93
0%
35.4%Mex$593.89Mex$296.95n/a3

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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