NasdaqGS:SATS

Stock Analysis Report

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Executive Summary

EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services worldwide. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SATS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.3%

SATS

-1.7%

US Communications

-1.4%

US Market


1 Year Return

-32.8%

SATS

-12.9%

US Communications

17.8%

US Market

Return vs Industry: SATS underperformed the US Communications industry which returned -13.7% over the past year.

Return vs Market: SATS underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

SATSIndustryMarket
7 Day-2.3%-1.7%-1.4%
30 Day-4.2%0.5%4.7%
90 Day-2.4%-13.7%8.2%
1 Year-32.8%-32.8%-10.5%-12.9%20.5%17.8%
3 Year-52.6%-52.6%15.1%7.1%42.2%32.7%
5 Year-42.7%-42.7%36.7%21.2%83.4%62.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.72x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SATS ($25.85) is trading above our estimate of fair value ($9.83)

Significantly Below Fair Value: SATS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SATS is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.

PE vs Market: SATS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SATS is good value based on its PB Ratio (0.7x) compared to the US Communications industry average (1.7x).


Next Steps

Future Growth

How is EchoStar forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

65.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SATS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SATS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SATS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SATS's revenue (6.1% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: SATS's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SATS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has EchoStar performed over the past 5 years?

-41.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SATS is currently unprofitable.

Growing Profit Margin: SATS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SATS is unprofitable, and losses have increased over the past 5 years at a rate of 41.6% per year.

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

Earnings vs Industry: SATS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-28.9%).


Return on Equity

High ROE: SATS has a negative Return on Equity (-4.24%), as it is currently unprofitable.


Next Steps

Financial Health

How is EchoStar's financial position?


Financial Position Analysis

Short Term Liabilities: SATS's short term assets ($2.8B) exceed its short term liabilities ($1.4B).

Long Term Liabilities: SATS's short term assets ($2.8B) exceed its long term liabilities ($2.0B).


Debt to Equity History and Analysis

Debt Level: SATS's debt to equity ratio (66.7%) is considered high.

Reducing Debt: SATS's debt to equity ratio has increased from 60.3% to 66.7% over the past 5 years.

Debt Coverage: SATS's debt is well covered by operating cash flow (21.8%).

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


Balance Sheet


Next Steps

Dividend

What is EchoStar current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SATS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SATS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SATS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SATS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SATS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

7.8yrs

Average management tenure


CEO

Mike Dugan (71 yo)

10.92yrs

Tenure

US$2,547,199

Compensation

Mr. Michael T. Dugan, also known as Mike, is a Director of Tarana Wireless, Inc. since September 2020. He served as the Chief Operating Officer and President of Dish Network Corp. until April 30, 2004. He ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD2.55M) is below average for companies of similar size in the US market ($USD5.63M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Charles Ergen
Executive Chairman of the Board13yrsno data0.067%
$ 1.7m
Michael Dugan
CEO, President & Director10.92yrsUS$2.55m0.045%
$ 1.1m
David Rayner
Executive VP7.83yrsUS$2.10m0.0057%
$ 143.9k
Dean Manson
Executive VP & General Counsel8.92yrsUS$1.91m0.0028%
$ 71.2k
Anders Johnson
Chief Strategy Officer4.08yrsUS$1.99m0.0030%
$ 76.2k
Pradman Kaul
Director and President & CEO of Hughes Communications Inc9.17yrsUS$2.54m0.00013%
$ 3.3k
Michelle Pearre
Senior Vice President of Human Resources & Administration2.67yrsno datano data
Deepak Dutt
Vice President of Investor Relationsno datano datano data
Kenneth Carroll
Executive Vice President of Corporate and Business Development7.83yrsUS$467.04kno data
Jennifer Manner
Senior Vice President of Regulatory Affairsno datano datano data
Joseph Turitz
Vice Presidentno datano datano data
Terry Brown
Vice President of Financeno datano datano data

7.8yrs

Average Tenure

65yo

Average Age

Experienced Management: SATS's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Charles Ergen
Executive Chairman of the Board13yrsno data0.067%
$ 1.7m
Michael Dugan
CEO, President & Director10.92yrsUS$2.55m0.045%
$ 1.1m
Pradman Kaul
Director and President & CEO of Hughes Communications Inc9.17yrsUS$2.54m0.00013%
$ 3.3k
Anthony Federico
Independent Director9.33yrsUS$134.02k0.00015%
$ 3.8k
William Wade
Independent Director3.67yrsUS$134.27k0%
$ 0
Jeffrey Tarr
Independent Director1.58yrsUS$216.82k0%
$ 0
C. Schroeder
Independent Director13yrsUS$135.52k0.0031%
$ 78.0k
R. Dodge
Director11.58yrsUS$129.02k0.00052%
$ 13.2k

10.5yrs

Average Tenure

69yo

Average Age

Experienced Board: SATS's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EchoStar Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EchoStar Corporation
  • Ticker: SATS
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$2.533b
  • Shares outstanding: 97.99m
  • Website: https://www.echostar.com

Number of Employees


Location

  • EchoStar Corporation
  • 100 Inverness Terrace East
  • Englewood
  • Colorado
  • 80112-5308
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SATSNasdaqGS (Nasdaq Global Select)YesClass A Common StockUSUSDDec 2007
E20DB (Deutsche Boerse AG)YesClass A Common StockDEEURDec 2007

Biography

EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services worldwide. It operates in two segments, Hughes and EchoStar Satellite Service ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 01:08
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.