Voyager Technologies (VOYG): Unpacking the Valuation After Recent Revenue and Net Income Update

Voyager Technologies (NYSE:VOYG) shares edged up today, with investors taking in the latest numbers on the company’s revenue growth and net income. There is still plenty to unpack in terms of financial performance and valuation going forward.

See our latest analysis for Voyager Technologies.

Voyager Technologies’ latest numbers arrive as the share price recovers slightly. Bigger context helps: after sharp drops this year, including a 45% one-month share price return, recent momentum suggests both risk perceptions and optimism about future performance are shifting. Shares now trade at $18.23, with investors weighing up whether the worst is behind them or if valuations need further adjustment.

If you’re keeping an eye on fast market moves, now’s a perfect chance to discover fast growing stocks with high insider ownership.

With shares still well below analyst targets despite recent rebounds, the question comes down to whether Voyager Technologies’ growth is still flying under the radar or if the market has already priced in every ounce of future upside.

Price-to-Sales Ratio of 6.9x: Is it justified?

Voyager Technologies’ shares currently trade at a price-to-sales (P/S) ratio of 6.9x, which is notably higher than the industry average. With the last close at $18.23, this premium valuation stands out compared to sector peers.

The price-to-sales ratio measures how much investors are willing to pay for each dollar of the company’s revenue. For capital goods and especially aerospace and defense firms like Voyager Technologies, this metric can provide a quick gauge of whether the market has high growth expectations or is pricing in potential risks.

Despite Voyager Technologies’ strong annual revenue growth forecast, the valuation appears stretched. The company’s P/S ratio substantially exceeds both the US Aerospace & Defense industry average of 2.9x and the peer average of 6.1x, signaling investors might be paying a steep price relative to what competitors command. This premium could reflect anticipated growth, but it also raises questions about how sustainable such expectations are, given the company’s ongoing lack of profitability.

See what the numbers say about this price — find out in our valuation breakdown.

Result: Price-to-Sales of 6.9x (OVERVALUED)

However, sustained losses and a recent 68% year-to-date drop remain significant risks. These factors could quickly challenge the current bullish narrative.

Find out about the key risks to this Voyager Technologies narrative.

Another View: Discounted Cash Flow Says Undervalued

Looking at Voyager Technologies through the lens of our DCF model gives a different impression. The SWS DCF model estimates the fair value at $20.98. This means the current share price sits about 13% below this figure. Could the market be underestimating Voyager’s future cash flows, or is there a reason for the discount?

Look into how the SWS DCF model arrives at its fair value.

Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Voyager Technologies for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 925 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.

Build Your Own Voyager Technologies Narrative

If you want to dig into the numbers on your own terms or feel your perspective deserves a closer look, you can build your own narrative in just a few minutes. Do it your way.

A great starting point for your Voyager Technologies research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.

Looking for More Investment Ideas?

Why settle for just one opportunity? Make your next smart move with handpicked stocks tailored to your interests, potential, and financial goals.

• Capture income potential by tapping into these 16 dividend stocks with yields > 3% to find picks with reliable yields above 3%, perfect for strengthening your portfolio’s cash flow.
• Ride the AI boom by targeting these 25 AI penny stocks where innovation and market disruption are setting the pace for tomorrow’s leaders.
• Seize hidden value by uncovering these 925 undervalued stocks based on cash flows that stand out for their attractive pricing based on real cash flow potential.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com