NasdaqGS:SATS

Stock Analysis Report

Executive Summary

EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services for home and small office customers, satellite operations, and satellite services worldwide.

Snowflake

Fundamentals

Adequate 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

4.7%

SATS

1.4%

US Communications

0.5%

US Market


1 Year Return

3.4%

SATS

3.4%

US Communications

12.8%

US Market

Return vs Industry: SATS exceeded the US Communications industry which returned 3.4% over the past year.

Return vs Market: SATS underperformed the US Market which returned 12.8% over the past year.


Shareholder returns

SATSIndustryMarket
7 Day4.7%1.4%0.5%
30 Day15.8%3.2%4.3%
90 Day7.1%-2.6%8.0%
1 Year3.4%3.4%5.9%3.4%15.3%12.8%
3 Year-17.1%-17.1%45.6%36.2%48.3%38.7%
5 Year-17.6%-17.6%78.0%58.2%62.6%44.5%

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?

1.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SATS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SATS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SATS is unprofitable, so we can't compare its PE Ratio to the 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 (1.1x) compared to the US Communications industry average (1.8x).


Next Steps

Future Growth

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

25.1%

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 is expected to decline over the next 3 years (-4.1% per year).

High Growth Revenue: SATS's revenue is forecast to decline over the next 3 years (-4.1% 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?

-13.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SATS has large one-off items impacting its financial results.

Growing Profit Margin: SATS's current net profit margins (-4.2%) are lower than last year (16.9%).


Past Earnings Growth Analysis

Earnings Trend: SATS is unprofitable, and losses have increased over the past 5 years at a rate of -13% 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 (21.7%).


Return on Equity

High ROE: SATS has a negative Return on Equity (-2.51%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is EchoStar's financial position?


Financial Position Analysis

Short Term Liabilities: SATS's short term assets ($2.9B) exceeds its short term liabilities ($461.7M)

Long Term Liabilities: SATS's short term assets (2.9B) exceeds its long term liabilities (2.9B)


Debt to Equity History and Analysis

Debt Level: SATS's debt to equity ratio (64.8%) is considered high

Reducing Debt: SATS's debt to equity ratio has reduced from 66.1% to 64.8% over the past 5 years.

Debt Coverage: SATS's debt is well covered by operating cash flow (30.3%).

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


Balance Sheet

Inventory Level: SATS has a high level of physical assets or inventory.

Debt Coverage by Assets: SATS's debt is covered by short term assets (assets are 1.2x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Years0%

Current dividend yield vs market & industry

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

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

What is the CEO of EchoStar's salary, the management and board of directors tenure and is there insider trading?

6.9yrs

Average management tenure


CEO

Mike Dugan (70yo)

10yrs

Tenure

US$2,026,060

Compensation

Mr. Dugan served as the Chief Operating Officer and President of Dish Network Corp. until April 30, 2004. He served as a Chief Technical Officer of EchoStar Communications Corporation since November 2005 a ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD2.03M) is below average for companies of similar size in the US market ($USD5.10M).

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


Management Age and Tenure

6.9yrs

Average Tenure

65yo

Average Age

Experienced Management: SATS's management team is seasoned and experienced (6.9 years average tenure).


Board Age and Tenure

9.5yrs

Average Tenure

68yo

Average Age

Experienced Board: SATS's board of directors are considered experienced (9.5 years average tenure).


Insider Trading

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


Ownership Breakdown

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


Management Team

  • Mike Dugan (70yo)

    CEO, President & Director

    • Tenure: 10yrs
    • Compensation: US$2.03m
  • Pradman Kaul (73yo)

    Director and President & CEO of Hughes Communications Inc

    • Tenure: 8.3yrs
    • Compensation: US$1.74m
  • Charlie Ergen (66yo)

    Executive Chairman of the Board

    • Tenure: 12.1yrs
  • Ken Carroll (64yo)

    Executive Vice President of Corporate and Business Development

    • Tenure: 6.9yrs
    • Compensation: US$467.04k
  • David Rayner (62yo)

    Executive VP

    • Tenure: 6.9yrs
    • Compensation: US$1.23m
  • Deepak Dutt (74yo)

    Vice President of Investor Relations

    • Tenure: 0yrs
  • Jennifer Manner

    Senior Vice President of Regulatory Affairs

    • Tenure: 0yrs
  • Anders Johnson (62yo)

    Chief Strategy Officer & President of EchoStar Satellite Services L.L.C.

    • Tenure: 3.2yrs
    • Compensation: US$1.09m
  • Dean Manson (52yo)

    Executive VP

    • Tenure: 8yrs
    • Compensation: US$1.02m
  • Michelle Pearre

    Senior Vice President of Human Resources & Administration

    • Tenure: 1.8yrs

Board Members

  • Mike Dugan (70yo)

    CEO, President & Director

    • Tenure: 10yrs
    • Compensation: US$2.03m
  • Anthony Federico (71yo)

    Independent Director

    • Tenure: 8.4yrs
    • Compensation: US$130.91k
  • Pradman Kaul (73yo)

    Director and President & CEO of Hughes Communications Inc

    • Tenure: 8.3yrs
    • Compensation: US$1.74m
  • Charlie Ergen (66yo)

    Executive Chairman of the Board

    • Tenure: 12.1yrs
  • William Wade (62yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$125.91k
  • Jeff Tarr (56yo)

    Independent Director

    • Tenure: 0.7yrs
  • C. Schroeder (70yo)

    Independent Director

    • Tenure: 12.1yrs
    • Compensation: US$130.91k
  • R. Dodge (51yo)

    Director

    • Tenure: 10.7yrs
    • Compensation: US$125.91k

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$4.039b
  • Shares outstanding: 97.59m
  • Website: https://www.echostar.com

Number of Employees


Location

  • EchoStar Corporation
  • 100 Inverness Terrace East
  • Englewood
  • Colorado
  • 80112
  • 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 for home and small office customers, satellite operations, and satellite serv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/13 00:07
End of Day Share Price2019/11/12 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.