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Viasat

Nasdaq:VSAT
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VSAT
Nasdaq
$5B
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Viasat, Inc. provides broadband and communications products and services worldwide. The last earnings update was 10 days ago. More info.


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VSAT Share Price and Events
7 Day Returns
-0.7%
NasdaqGS:VSAT
3%
US Communications
1.4%
US Market
1 Year Returns
6.2%
NasdaqGS:VSAT
12.9%
US Communications
2.3%
US Market
VSAT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Viasat (VSAT) -0.7% 21.1% 9.8% 6.2% 3% 10.8%
US Communications 3% 11% 11.2% 12.9% 77.5% 78.8%
US Market 1.4% 5.6% 5.7% 2.3% 44.2% 40.9%
1 Year Return vs Industry and Market
  • VSAT underperformed the Communications industry which returned 12.9% over the past year.
  • VSAT outperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
VSAT
Industry
5yr Volatility vs Market

Value

 Is Viasat undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Viasat. This is due to cash flow or dividend data being unavailable. The share price is $74.38.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Viasat's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Viasat's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:VSAT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.51
NasdaqGS:VSAT Share Price ** NasdaqGS (2019-02-21) in USD $74.38
United States of America Communications Industry PE Ratio Median Figure of 35 Publicly-Listed Communications Companies 27.23x
United States of America Market PE Ratio Median Figure of 3,045 Publicly-Listed Companies 17.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Viasat.

NasdaqGS:VSAT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:VSAT Share Price ÷ EPS (both in USD)

= 74.38 ÷ -1.51

-49.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Viasat is loss making, we can't compare its value to the US Communications industry average.
  • Viasat is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Viasat's expected growth come at a high price?
Raw Data
NasdaqGS:VSAT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -49.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
92.6%per year
United States of America Communications Industry PEG Ratio Median Figure of 22 Publicly-Listed Communications Companies 1.6x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Viasat, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Viasat's assets?
Raw Data
NasdaqGS:VSAT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $31.09
NasdaqGS:VSAT Share Price * NasdaqGS (2019-02-21) in USD $74.38
United States of America Communications Industry PB Ratio Median Figure of 67 Publicly-Listed Communications Companies 1.87x
United States of America Market PB Ratio Median Figure of 5,129 Publicly-Listed Companies 1.87x
NasdaqGS:VSAT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:VSAT Share Price ÷ Book Value per Share (both in USD)

= 74.38 ÷ 31.09

2.39x

* Primary Listing of Viasat.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Viasat is overvalued based on assets compared to the US Communications industry average.
X
Value checks
We assess Viasat's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Viasat has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Viasat expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
92.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Viasat expected to grow at an attractive rate?
  • Viasat's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Viasat's earnings growth is expected to exceed the United States of America market average.
  • Viasat's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:VSAT Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:VSAT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 92.6%
NasdaqGS:VSAT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 8%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:VSAT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:VSAT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31
2022-03-31 2,454 525 31 1
2021-03-31 2,460 483 68 4
2020-03-31 2,219 395 -5 8
2019-03-31 2,055 316 -89 5
NasdaqGS:VSAT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,951 291 -90
2018-09-30 1,778 284 -104
2018-06-30 1,653 259 -92
2018-03-31 1,595 359 -67
2017-12-31 1,571 381 -41
2017-09-30 1,570 405 -12
2017-06-30 1,576 503 13
2017-03-31 1,559 411 24
2016-12-31 1,515 390 22
2016-09-30 1,482 381 27
2016-06-30 1,436 341 21
2016-03-31 1,417 297 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Viasat's earnings are expected to grow significantly at over 20% yearly.
  • Viasat's revenue is expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:VSAT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Viasat Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:VSAT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31
2022-03-31 0.49 0.49 0.49 1.00
2021-03-31 1.13 2.09 0.17 2.00
2020-03-31 -0.37 0.19 -1.01 5.00
2019-03-31 -1.46 -1.36 -1.55 4.00
NasdaqGS:VSAT Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.51
2018-09-30 -1.76
2018-06-30 -1.57
2018-03-31 -1.15
2017-12-31 -0.70
2017-09-30 -0.21
2017-06-30 0.24
2017-03-31 0.45
2016-12-31 0.43
2016-09-30 0.55
2016-06-30 0.43
2016-03-31 0.45

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Viasat is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Viasat's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Viasat has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Viasat performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Viasat's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Viasat does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Viasat's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Viasat's 1-year growth to the US Communications industry average as it is not currently profitable.
Earnings and Revenue History
Viasat's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Viasat Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:VSAT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,950.71 -90.08 450.37 130.53
2018-09-30 1,777.85 -104.31 431.93 141.75
2018-06-30 1,653.45 -92.28 408.89 156.66
2018-03-31 1,594.63 -67.31 385.42 168.35
2017-12-31 1,571.37 -40.71 375.94 171.34
2017-09-30 1,570.17 -11.84 356.10 165.63
2017-06-30 1,576.25 12.87 343.24 149.54
2017-03-31 1,559.34 23.77 333.47 129.65
2016-12-31 1,514.88 21.57 314.44 111.41
2016-09-30 1,482.01 27.07 310.51 96.14
2016-06-30 1,436.18 20.99 306.64 86.75
2016-03-31 1,417.43 21.74 298.35 77.18
2015-12-31 1,410.22 24.84 297.19 69.06
2015-09-30 1,402.01 29.90 291.80 61.74
2015-06-30 1,407.44 48.92 291.55 52.50
2015-04-03 1,382.54 40.36 289.54 46.67
2015-01-02 1,361.71 29.30 286.82 49.76
2014-10-03 1,354.71 8.49 284.96 53.06
2014-07-04 1,349.83 -13.56 285.45 56.43
2014-04-04 1,351.46 -9.45 281.53 60.74
2014-01-03 1,316.20 -4.00 275.54 55.86
2013-10-04 1,270.09 -18.78 268.65 48.33
2013-06-28 1,199.03 -28.59 249.14 42.17
2013-03-29 1,119.69 -41.17 240.86 35.45
2012-12-28 1,051.57 -50.48 222.77 30.23
2012-09-28 970.09 -24.57 206.20 28.62
2012-06-29 910.29 -8.68 196.50 26.67
2012-03-30 863.63 7.50 181.73 24.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Viasat has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Viasat has efficiently used its assets last year compared to the US Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Viasat improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Viasat's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Viasat has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Viasat's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Viasat's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Viasat is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Viasat's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Viasat's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Viasat Company Filings, last reported 1 month ago.

NasdaqGS:VSAT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,886.05 1,158.59 43.37
2018-09-30 1,884.34 1,199.30 44.46
2018-06-30 1,891.95 1,118.20 54.79
2018-03-31 1,848.01 1,023.71 71.45
2017-12-31 1,835.05 1,021.74 161.82
2017-09-30 1,847.77 1,019.42 242.71
2017-06-30 1,830.44 850.14 160.56
2017-03-31 1,737.93 848.77 130.10
2016-12-31 1,716.64 847.43 284.94
2016-09-30 1,199.97 1,060.76 51.28
2016-06-30 1,167.95 1,034.34 47.25
2016-03-31 1,134.42 945.80 42.09
2015-12-31 1,114.15 937.23 63.86
2015-09-30 1,097.10 859.36 46.41
2015-06-30 1,074.96 861.75 42.49
2015-04-03 1,043.73 806.65 52.26
2015-01-02 1,024.20 819.88 97.64
2014-10-03 1,001.80 725.17 41.93
2014-07-04 967.66 791.18 58.14
2014-04-04 946.64 691.62 58.35
2014-01-03 938.13 671.58 41.36
2013-10-04 944.20 621.94 67.10
2013-06-28 929.96 588.08 79.68
2013-03-29 907.84 588.68 105.74
2012-12-28 888.07 586.35 112.67
2012-09-28 901.82 549.44 136.12
2012-06-29 893.36 549.62 129.89
2012-03-30 892.19 549.81 172.58
  • Viasat's level of debt (61.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (71.5% vs 61.4% today).
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.

  • Viasat has less than a year of cash runway based on current free cash flow.
  • Viasat has less than a year of cash runway if free cash flow continues to grow at historical rates of 37.5% each year.
X
Financial health checks
We assess Viasat's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Viasat has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Viasat dividends. Estimated to be 0% next year.
If you bought $2,000 of Viasat shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Viasat's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Viasat's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:VSAT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2001 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:VSAT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31
2020-03-31
2019-03-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Viasat has not reported any payouts.
  • Unable to verify if Viasat's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Viasat's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Viasat has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Viasat's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Viasat's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Viasat afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Viasat has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Dankberg
COMPENSATION $10,489,325
AGE 63
TENURE AS CEO 32.8 years
CEO Bio

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 expertise in the satellite and communications industry. Mr. Dankberg also has significant expertise as a member of the boards of directors of companies in various industries, including communications. Mr. Dankberg served as Chairman and Chief Executive Officer of ViaSat Communications, Inc. He served as the President of ViaSat Inc. from May 1986 to December 1, 2003. Prior to ViaSat, he served as an Assistant Vice President of M/A-COM Linkabit, a manufacturer of satellite telecommunications equipment, from 1979 to 1986 and Communications Engineer for Rockwell International Corp. from 1977 to 1979. He has been the Chairman of the Board at ViaSat Inc. since its inception in May 1986. He serves as a Director of TrellisWare Technologies, Inc. and U.S. Monolithics. He serves on the Advisory Board of Minnetronix, Inc. He served as an Independent Director of REMEC Inc. and REMEC Liquidating Trust from September 1999 to December 31, 2010. Mr. Dankberg has significant operational, business and technological expertise in the satellite and communications industry. He serves as a Director at Lytx, Inc. In addition, Mr. Dankberg was elected to the Rice University Board of Trustees in 2013. He was recognized as an Entrepreneur of the Year in San Diego in 2000, as the Satellite Industry Executive of the Year in 2003 and received the American Institute of Aeronautics and Astronautics (AIAA) Aerospace International Communications Award in 2008, which recognized him for “shepherding Viasat into a leading satellite communications company through outstanding leadership and technical expertise. In 2013, Mr. Dankberg received the Innovator Award from the Arthur C. Clarke Foundation. In 2015, Mr. Dankberg was inducted into the Society of Satellite Professionals Hall of Fame for his leadership and visionary role in satellite communications, and in 2017, Mr. Dankberg became an elected member of the National Academy of Engineering. He has co-authored several military standards on satellite networking. Mr. Dankberg holds B.S.E.E. and M.E.E. Degrees from Rice University.

CEO Compensation
  • Mark's compensation has increased whilst company is loss making.
  • Mark's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Viasat management team in years:

3.8
Average Tenure
58
Average Age
  • The tenure for the Viasat management team is about average.
Management Team

Mark Dankberg

TITLE
Chairman & CEO
COMPENSATION
$10M
AGE
63
TENURE
32.8 yrs

Rick Baldridge

TITLE
President
COMPENSATION
$9M
AGE
59
TENURE
15.3 yrs

Shawn Duffy

TITLE
Senior VP & CFO
COMPENSATION
$3M
AGE
48
TENURE
4.7 yrs

Keven Lippert

TITLE
Chief Commercial Officer & Executive Vice President of Strategic Initiatives
COMPENSATION
$4M
AGE
45
TENURE
1.1 yrs

Ken Peterman

TITLE
Senior VP & President of Government Systems
COMPENSATION
$3M
AGE
61
TENURE
4.7 yrs

Mark Miller

TITLE
Co-Founder
COMPENSATION
$2M
AGE
58

Bruce Dirks

TITLE
Senior Vice President of Treasury & Corporate Development
COMPENSATION
$1M
AGE
58

Robert Blair

TITLE
VP, General Counsel & Secretary
AGE
44
TENURE
1.8 yrs

Melinda Del Toro

TITLE
Senior VP of People & Culture and Chief People Officer
AGE
45
TENURE
2.8 yrs

Kevin Harkenrider

TITLE
Senior VP & President of Broadband Systems
COMPENSATION
$1M
AGE
63
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Viasat board of directors in years:

14.1
Average Tenure
69
Average Age
  • The average tenure for the Viasat board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Rick Baldridge

TITLE
President
COMPENSATION
$9M
AGE
59
TENURE
2.4 yrs

Jeffrey Nash

TITLE
Director
COMPENSATION
$288K
AGE
70
TENURE
32.1 yrs

Mark Dankberg

TITLE
Chairman & CEO
COMPENSATION
$10M
AGE
63
TENURE
32.8 yrs

Robert Johnson

TITLE
Director
COMPENSATION
$281K
AGE
68
TENURE
33.1 yrs

Harvey White

TITLE
Director
COMPENSATION
$297K
AGE
84
TENURE
13.8 yrs

Frank Biondi

TITLE
Director
COMPENSATION
$280K
AGE
73
TENURE
3.8 yrs

B. Lay

TITLE
Director
COMPENSATION
$268K
AGE
83
TENURE
23.1 yrs

John Stenbit

TITLE
Director
COMPENSATION
$279K
AGE
78
TENURE
14.5 yrs

Varsha Rao

TITLE
Director
COMPENSATION
$633K
AGE
48
TENURE
1.6 yrs

Sean Pak

TITLE
Director
COMPENSATION
$483K
AGE
45
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • Viasat insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Feb 19 Sell Keven Lippert Individual 15. Feb 19 15. Feb 19 -2,000 $74.64 $-149,280
13. Feb 19 Sell Richard Baldridge Individual 12. Feb 19 12. Feb 19 -84,401 $72.74 $-6,139,329
29. Nov 18 Sell Keven Lippert Individual 27. Nov 18 27. Nov 18 -4,000 $69.40 $-277,600
13. Nov 18 Sell David Ryan Individual 09. Nov 18 09. Nov 18 -2,672 $70.23 $-187,655
30. Aug 18 Sell Keven Lippert Individual 30. Aug 18 30. Aug 18 -1,600 $63.28 $-101,248
15. Aug 18 Sell FPR Partners LLC Company 25. Jun 18 09. Aug 18 -248,735 $72.09 $-17,930,983
15. Aug 18 Buy FPR Partners LLC Company 09. Jul 18 14. Aug 18 755,944 $70.25 $53,101,513
14. Jun 18 Sell Melinda Del Toro Individual 13. Jun 18 13. Jun 18 -6,277 $64.03 $-401,916
14. Jun 18 Sell Keven Lippert Individual 12. Jun 18 12. Jun 18 -4,000 $62.31 $-249,240
11. Jun 18 Sell Robert Blair Individual 08. Jun 18 08. Jun 18 -5,217 $63.69 $-331,908
05. Jun 18 Sell Ken Peterman Individual 04. May 18 04. May 18 -458 $64.73 $-29,646
07. Mar 18 Sell Keven Lippert Individual 07. Mar 18 07. Mar 18 -1,800 $72.13 $-129,834
X
Management checks
We assess Viasat's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Viasat has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Investors Should Know About Viasat, Inc.'s (NASDAQ:VSAT) Financial Strength

Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Viasat, Inc. … While they are less talked about as an investment category, mid-cap risk-adjusted returns have generally been better than more commonly focused stocks that fall into the small- or large-cap categories. … VSAT’s financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns.

Simply Wall St -

Does Viasat Inc's (NASDAQ:VSAT) CEO Pay Matter?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Mark Dankberg's Compensation Compare With Similar Sized Companies. … It would therefore appear that Viasat Inc pays Mark Dankberg more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Is Viasat Inc's (NASDAQ:VSAT) Balance Sheet A Threat To Its Future?

Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Viasat Inc (NASDAQ:VSAT) with a market-capitalization of US$3.80b, rarely draw their attention. … This article will examine VSAT’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … How does VSAT’s operating cash flow stack up against its debt?

Simply Wall St -

How Confident Are Insiders About Viasat Inc (NASDAQ:VSAT)?

some insider selling over the past three months, with insiders divesting from. … It is widely considered that insider selling stock in their own companies is potentially a bearish signal. … The MIT Press (1998) published an article showing that stocks following insider selling underperformed the market by 2.7%

Simply Wall St -

What Does Viasat Inc's (NASDAQ:VSAT) Share Price Indicate?

saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highs of $75.46 and falling to the lows of $61.78. … A question to answer is whether Viasat's current trading price of $64.99 reflective of the actual value of the? … Let’s take a look at Viasat’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

What Does Viasat Inc's (NASDAQ:VSAT) Share Price Indicate?

I find that Viasat’s ratio of 2.02x is trading slightly above its industry peers’ ratio of 1.86x, which means if you buy Viasat today, you’d be paying a relatively fair price for it. … VSAT’s future growth appears to have been factored into the current share price, with shares trading around its fair value. … Will you have enough confidence to invest in the company should the price drop below its fair value?

Simply Wall St -

Viasat Inc (NASDAQ:VSAT): Time For A Financial Health Check

Check out our latest analysis for Viasat How does VSAT’s operating cash flow stack up against its debt? … Moreover, VSAT has produced US$411.30M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 48.46%, meaning that VSAT’s debt is appropriately covered by operating cash. … Next Steps: VSAT’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

Company Info

Map
Description

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 access and voice over Internet protocol services to consumers and businesses; in-flight Internet and aviation software services to commercial airlines; and mobile broadband services comprising network management and high-speed Internet connectivity services for customers using airborne, maritime, and ground mobile satellite systems. As of March 31, 2018, this segment provided broadband Internet services to approximately 576,000 subscribers. Its Commercial Networks segment offers fixed satellite networks comprising satellite network infrastructure and ground terminals; mobile broadband satellite communication systems; and antenna systems for terrestrial and satellite applications, such as earth imaging, remote sensing, mobile satellite communication, Ka-band earth stations, and other multi-band antennas. This segment also provides design and technology services, including analysis, design, development, and specification of satellites and ground systems; ASIC and MMIC design; and network function virtualization. The company’s Government Systems segment offers government satellite communication systems, including various mobile and fixed broadband modems, terminals, network access control systems, and antenna systems; cybersecurity and information assurance products and services; and tactical radio and information distribution systems to enable real-time collection and dissemination of secure real-time digital information between command centers, communications nodes, ground and maritime platforms, and airborne intelligence and defense platforms. Viasat Inc. has a collaboration agreement with Facebook Inc. to enhance the deployment of high-speed Internet to communities worldwide. The company was founded in 1986 and is headquartered in Carlsbad, California.

Details
Name: Viasat, Inc.
VSAT
Exchange: NasdaqGS
Founded: 1986
$4,514,321,470
60,481,263
Website: http://www.viasat.com
Address: Viasat, Inc.
6155 El Camino Real,
Carlsbad,
California, 92009,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS VSAT Common Stock Nasdaq Global Select US USD 03. Dec 1996
DB VS1 Common Stock Deutsche Boerse AG DE EUR 03. Dec 1996
LSE 0LPE Common Stock London Stock Exchange GB USD 03. Dec 1996
Number of employees
Current staff
Staff numbers
5,200
Viasat employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/21 23:49
End of day share price update: 2019/02/21 00:00
Last estimates confirmation: 2019/02/21
Last earnings filing: 2019/02/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.