Viasat
Market Cap
US$4.3b
Last Updated
2019/10/23 23:46 UTC
Data Sources
Company Financials +
Executive Summary
Viasat, Inc. provides broadband and communications products and services worldwide.
Snowflake
Fundamentals
Imperfect balance sheet with concerning outlook.
Similar Companies
Share Price & News
How has Viasat's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.5%
VSAT
2.6%
US Communications
0.07%
US Market
1 Year Return
15.3%
VSAT
3.2%
US Communications
8.9%
US Market
Return vs Industry: VSAT exceeded the US Communications industry which returned 3.2% over the past year.
Return vs Market: VSAT exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| VSAT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | 2.6% | 0.07% |
| 30 Day | -9.1% | -2.8% | -0.3% |
| 90 Day | -15.4% | -14.1% | -1.6% |
| 1 Year | 15.3%15.3% | 5.6%3.2% | 11.3%8.9% |
| 3 Year | -1.4%-1.4% | 53.8%44.0% | 46.3%36.8% |
| 5 Year | 20.8%20.8% | 94.0%72.9% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Viasat's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is Viasat (NASDAQ:VSAT) A Risky Investment?1 month ago | Simply Wall St
This Insider Has Just Sold Shares In Viasat, Inc. (NASDAQ:VSAT)1 month ago | Simply Wall St
Can You Imagine How Viasat's (NASDAQ:VSAT) Shareholders Feel About The 35% Share Price Increase?Valuation
Is Viasat undervalued compared to its fair value and its price relative to the market?
2.2x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VSAT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VSAT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VSAT is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: VSAT 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 VSAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VSAT is overvalued based on its PB Ratio (2.2x) compared to the US Communications industry average (1.8x).
Next Steps
Future Growth
How is Viasat forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
106.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VSAT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VSAT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VSAT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VSAT's revenue (8.7% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: VSAT's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VSAT's Return on Equity is forecast to be low in 3 years time (7.4%).
Next Steps
Past Performance
How has Viasat performed over the past 5 years?
-60.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: VSAT is unprofitable, and losses have increased over the past 5 years at a rate of -60.8% per year.
Accelerating Growth: Unable to compare VSAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VSAT is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (23.8%).
Return on Equity
High ROE: VSAT has a negative Return on Equity (-2.06%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: VSAT is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: VSAT is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Viasat's financial position?
Financial Position Analysis
Short Term Liabilities: VSAT's short term assets ($804.2M) exceeds its short term liabilities ($490.1M)
Long Term Liabilities: VSAT's short term assets (804.2M) do not cover its long term liabilities (1.8B)
Debt to Equity History and Analysis
Debt Level: VSAT's debt to equity ratio (71.1%) is considered high
Reducing Debt: VSAT's debt to equity ratio has reduced from 73.3% to 71.1% over the past 5 years.
Balance Sheet
Inventory Level: VSAT has a high level of physical assets or inventory.
Debt Coverage by Assets: VSAT's debt is not covered by short term assets (assets are 0.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VSAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VSAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of -39.9% each year
Next Steps
Dividend
What is Viasat's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate VSAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VSAT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if VSAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VSAT'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 VSAT'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 Viasat's salary, the management and board of directors tenure and is there insider trading?
3.9yrs
Average management tenure
CEO
Mark Dankberg (64yo)
33.4yrs
Tenure
US$10,688,877
Compensation
Mr. Mark D. Dankberg co-founded ViaSat, Inc. in May 1986 and has been its Chief Executive Officer since its inception in May 1986. Mr. Dankberg has significant operational, business and technological exper ...
CEO Compensation Analysis
Compensation vs. Market: Mark's total compensation ($USD10.69M) is about average for companies of similar size in the US market ($USD5.11M).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
3.9yrs
Average Tenure
59yo
Average Age
Experienced Management: VSAT's management team is considered experienced (3.9 years average tenure).
Board Age and Tenure
9.5yrs
Average Tenure
66.5yo
Average Age
Experienced Board: VSAT's board of directors are considered experienced (9.5 years average tenure).
Insider Trading
Insider Buying: VSAT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$75.71 |
| Entity | Individual |
| Role | Top Key Executive Co-Founder |
| Shares | 2,236 |
| Max Price | US$88.48 |
| Entity | Individual |
| Role | Chief Executive Officer Co- Founder |
| Shares | 49,022 |
| Max Price | US$90.88 |
| Entity | Individual |
| Role | Member of the Board of Directors President |
| Shares | 60,000 |
| Max Price | US$86.97 |
| Entity | Company |
| Shares | 25,000 |
| Max Price | US$74.83 |
| Entity | Company |
| Shares | 1,271,818 |
| Max Price | US$89.21 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP of Strategic Initiatives & Chief Commercial Officer |
| Shares | 2,000 |
| Max Price | US$74.64 |
| Entity | Individual |
| Role | Member of the Board of Directors President |
| Shares | 84,401 |
| Max Price | US$72.74 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP of Strategic Initiatives & Chief Commercial Officer |
| Shares | 4,000 |
| Max Price | US$69.40 |
| Entity | Individual |
| Shares | 2,672 |
| Max Price | US$70.23 |
Ownership Breakdown
Management Team
Mark Dankberg (64yo)
Co- Founder
- Tenure: 33.4yrs
- Compensation: US$10.69m
Rick Baldridge (60yo)
President
- Tenure: 3.1yrs
- Compensation: US$6.70m
Mark Miller (59yo)
Co-Founder
- Tenure: 0yrs
- Compensation: US$2.00m
Ken Peterman (62yo)
Senior VP & President of Government Systems
- Tenure: 5.3yrs
- Compensation: US$3.41m
Bruce Dirks (59yo)
Senior Vice President of Treasury & Corporate Development
- Tenure: 0yrs
- Compensation: US$1.06m
Kevin Harkenrider (64yo)
Senior VP & President of Broadband Systems
- Tenure: 1.4yrs
- Compensation: US$3.14m
Keven Lippert (46yo)
Executive VP of Strategic Initiatives & Chief Commercial Officer
- Tenure: 1.8yrs
- Compensation: US$3.68m
Shawn Duffy (49yo)
Senior VP & CFO
- Tenure: 5.3yrs
- Compensation: US$3.14m
Robert Blair (45yo)
VP, General Counsel & Secretary
- Tenure: 2.4yrs
Melinda Kimbro
Senior VP of People & Culture and Chief People Officer
- Tenure: 0.8yrs
Board Members
Varsha Rao (49yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$261.32k
Frank Biondi (74yo)
Independent Director
- Tenure: 4.5yrs
- Compensation: US$274.32k
Mark Dankberg (64yo)
Co- Founder
- Tenure: 33.4yrs
- Compensation: US$10.69m
Rick Baldridge (60yo)
President
- Tenure: 3.1yrs
- Compensation: US$6.70m
Harvey White (85yo)
Independent Director
- Tenure: 14.4yrs
- Compensation: US$295.32k
Robert Johnson (69yo)
Independent Director
- Tenure: 33.8yrs
- Compensation: US$277.32k
John Stenbit (79yo)
Independent Director
- Tenure: 15.2yrs
- Compensation: US$277.82k
Sean Pak (46yo)
Lead Independent Director
- Tenure: 0.7yrs
- Compensation: US$250.32k
Company Information
Viasat, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Viasat, Inc.
- Ticker: VSAT
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$4.323b
- Shares outstanding: 61.30m
- Website: https://www.viasat.com
Number of Employees
Location
- Viasat, Inc.
- 6155 El Camino Real
- Carlsbad
- California
- 92009
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VSAT | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1996 |
| VS1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1996 |
| 0LPE | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Dec 1996 |
Biography
Viasat, Inc. provides broadband and communications products and services worldwide. The company’s Satellite Services segment offers satellite-based fixed broadband services, including broadband Internet ac ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 23:46 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.