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ORBCOMM

Nasdaq:ORBC
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ORBC
Nasdaq
$527M
Market Cap
  1. Home
  2. US
  3. Telecom
Company description

ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. The last earnings update was 24 days ago. More info.


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  • ORBCOMM has significant price volatility in the past 3 months.
ORBC Share Price and Events
7 Day Returns
-2.6%
NasdaqGS:ORBC
1.7%
US Telecom
-1.1%
US Market
1 Year Returns
-31.2%
NasdaqGS:ORBC
5.3%
US Telecom
6.4%
US Market
ORBC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ORBCOMM (ORBC) -2.6% -27.9% -13.6% -31.2% -26.3% -3.2%
US Telecom 1.7% 3.2% 8.8% 5.3% -8.9% -1%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • ORBC underperformed the Telecom industry which returned 5.3% over the past year.
  • ORBC underperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
ORBC
Industry
5yr Volatility vs Market

ORBC Value

 Is ORBCOMM 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
Here we compare the current share price of ORBCOMM to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for ORBCOMM.

NasdaqGS:ORBC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:ORBC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.36
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.362 (1 + (1- 21%) (46.95%))
0.663
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqGS:ORBC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ORBCOMM is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:ORBC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.5%)
2019 25.00 Analyst x1 23.26
2020 42.16 Analyst x2 36.49
2021 57.56 Est @ 36.52% 46.34
2022 72.75 Est @ 26.38% 54.48
2023 86.78 Est @ 19.29% 60.45
2024 99.21 Est @ 14.32% 64.29
2025 109.96 Est @ 10.84% 66.29
2026 119.21 Est @ 8.41% 66.85
2027 127.20 Est @ 6.71% 66.36
2028 134.22 Est @ 5.51% 65.13
Present value of next 10 years cash flows $549.93
NasdaqGS:ORBC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $134.22 × (1 + 2.73%) ÷ (7.5% – 2.73%)
$2,891.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,891.80 ÷ (1 + 7.5%)10
$1,403.34
NasdaqGS:ORBC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $549.93 + $1,403.34
$1,953.28
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,953.28 / 79.42
$24.59
NasdaqGS:ORBC Discount to Share Price
Calculation Result
Value per share (USD) From above. $24.59
Current discount Discount to share price of $6.63
= -1 x ($6.63 - $24.59) / $24.59
73%

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

Current Discount
Amount off the current price ORBCOMM is available for.
Intrinsic value
>50%
Share price is $6.63 vs Future cash flow value of $24.59
Current Discount Checks
For ORBCOMM to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • ORBCOMM's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • ORBCOMM's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 ORBCOMM's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ORBCOMM's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ORBC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.34
NasdaqGS:ORBC Share Price ** NasdaqGS (2019-03-22) in USD $6.63
United States of America Telecom Industry PE Ratio Median Figure of 17 Publicly-Listed Telecom Companies 16.43x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

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

** Primary Listing of ORBCOMM.

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

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

= 6.63 ÷ -0.34

-19.59x

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

  • ORBCOMM is loss making, we can't compare its value to the US Telecom industry average.
  • ORBCOMM 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 ORBCOMM's expected growth come at a high price?
Raw Data
NasdaqGS:ORBC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
58.6%per year
United States of America Telecom Industry PEG Ratio Median Figure of 8 Publicly-Listed Telecom Companies 1.16x
United States of America Market PEG Ratio Median Figure of 2,105 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 ORBCOMM, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ORBCOMM's assets?
Raw Data
NasdaqGS:ORBC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.25
NasdaqGS:ORBC Share Price * NasdaqGS (2019-03-22) in USD $6.63
United States of America Telecom Industry PB Ratio Median Figure of 32 Publicly-Listed Telecom Companies 1.77x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
NasdaqGS:ORBC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 6.63 ÷ 3.25

2.04x

* Primary Listing of ORBCOMM.

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

  • ORBCOMM is overvalued based on assets compared to the US Telecom industry average.
X
Value checks
We assess ORBCOMM'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 Telecom 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 Telecom industry average (and greater than 0)? (1 check)
  5. ORBCOMM has a total score of 2/6, 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.

ORBC Future Performance

 How is ORBCOMM expected to perform in the next 1 to 3 years based on estimates from 7 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
58.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ORBCOMM expected to grow at an attractive rate?
  • Unable to compare ORBCOMM's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare ORBCOMM's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • ORBCOMM's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ORBC Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:ORBC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 58.6%
NasdaqGS:ORBC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 5.6%
United States of America Telecom Industry Earnings Growth Rate Market Cap Weighted Average 7%
United States of America Telecom Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
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:ORBC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ORBC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 309 74 -6 6
2019-12-31 283 50 -18 7
NasdaqGS:ORBC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 276 11 -26
2018-09-30 286 1 -28
2018-06-30 284 -15 -65
2018-03-31 270 -7 -68
2017-12-31 254 -5 -61
2017-09-30 225 3 -57
2017-06-30 202 19 -31
2017-03-31 195 26 -25
2016-12-31 187 29 -24
2016-09-30 185 34 -20
2016-06-30 185 27 -4
2016-03-31 180 25 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ORBCOMM is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • ORBCOMM's revenue is expected to grow by 5.6% 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:ORBC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from ORBCOMM Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ORBC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.04 0.01 -0.10 5.00
2019-12-31 -0.18 -0.05 -0.26 6.00
NasdaqGS:ORBC Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.34
2018-09-30 -0.37
2018-06-30 -0.86
2018-03-31 -0.92
2017-12-31 -0.84
2017-09-30 -0.79
2017-06-30 -0.44
2017-03-31 -0.35
2016-12-31 -0.33
2016-09-30 -0.28
2016-06-30 -0.06
2016-03-31 -0.18

*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.
  • Unable to establish if ORBCOMM will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess ORBCOMM'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.
ORBCOMM has a total score of 0/6, 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.

ORBC Past Performance

  How has ORBCOMM 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 ORBCOMM's growth in the last year to its industry (Telecom).
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.
  • ORBCOMM does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare ORBCOMM's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ORBCOMM's 1-year growth to the US Telecom industry average as it is not currently profitable.
Earnings and Revenue History
ORBCOMM'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 ORBCOMM Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ORBC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 276.14 -26.26 75.01 13.41
2018-09-30 285.78 -28.13 74.31 12.65
2018-06-30 284.10 -64.53 69.30 11.29
2018-03-31 270.27 -68.04 63.61 10.17
2017-12-31 254.22 -61.30 56.79 8.94
2017-09-30 225.08 -56.99 51.40 7.09
2017-06-30 202.00 -31.34 49.68 5.85
2017-03-31 195.11 -24.77 47.49 5.88
2016-12-31 186.74 -23.53 46.92 6.25
2016-09-30 184.91 -20.08 47.89 6.97
2016-06-30 184.70 -4.45 46.46 6.95
2016-03-31 179.52 -12.50 46.25 6.82
2015-12-31 178.29 -13.29 44.94 6.47
2015-09-30 162.77 -19.16 42.09 5.42
2015-06-30 139.81 -20.77 40.22 5.00
2015-03-31 119.22 -7.16 37.59 3.82
2014-12-31 96.24 -4.72 32.15 2.90
2014-09-30 86.01 1.73 30.73 2.90
2014-06-30 82.58 2.73 28.23 2.82
2014-03-31 76.84 3.01 26.28 2.65
2013-12-31 74.21 4.54 25.17 2.76
2013-09-30 71.18 5.85 24.21 2.62
2013-06-30 67.58 7.18 23.51 2.54
2013-03-31 65.34 7.38 22.74 2.69
2012-12-31 64.50 8.67 20.89 2.46
2012-09-30 61.97 7.24 22.28 2.23
2012-06-30 59.81 5.48 21.91 1.96
2012-03-31 54.30 3.08 20.96 1.62

*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 ORBCOMM has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if ORBCOMM has efficiently used its assets last year compared to the US Telecom industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if ORBCOMM 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 ORBCOMM'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 Telecom 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.
ORBCOMM 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.

ORBC Health

 How is ORBCOMM'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 ORBCOMM's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ORBCOMM is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ORBCOMM's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of ORBCOMM'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 0.7x 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 ORBCOMM Company Filings, last reported 2 months ago.

NasdaqGS:ORBC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 257.86 247.21 53.77
2018-09-30 260.56 247.03 45.89
2018-06-30 261.61 246.85 39.03
2018-03-31 239.32 246.73 28.23
2017-12-31 246.40 246.50 34.83
2017-09-30 249.62 246.28 37.41
2017-06-30 287.85 246.04 84.03
2017-03-31 280.26 148.90 19.96
2016-12-31 281.87 148.65 25.02
2016-09-30 284.24 151.28 21.27
2016-06-30 296.96 151.26 15.47
2016-03-31 299.43 151.30 21.16
2015-12-31 299.76 147.79 27.08
2015-09-30 298.66 151.28 58.49
2015-06-30 295.68 151.26 64.73
2015-03-31 306.97 151.24 80.69
2014-12-31 308.51 151.40 91.57
2014-09-30 235.27 46.51 40.55
2014-06-30 234.76 46.67 48.68
2014-03-31 232.51 46.72 74.67
2013-12-31 192.95 46.76 68.35
2013-09-30 190.19 46.73 77.50
2013-06-30 188.09 46.67 78.01
2013-03-31 184.17 46.64 90.64
2012-12-31 182.39 5.12 62.75
2012-09-30 180.31 5.46 73.59
2012-06-30 177.51 5.62 73.20
2012-03-31 174.88 5.54 71.62
  • ORBCOMM's level of debt (95.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (24.2% vs 95.9% 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.

  • ORBCOMM has sufficient cash runway for more than 3 years based on current free cash flow.
  • ORBCOMM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -18.7% each year.
X
Financial health checks
We assess ORBCOMM'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. ORBCOMM has a total score of 3/6, 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.

ORBC Dividends

 What is ORBCOMM'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 ORBCOMM dividends.
If you bought $2,000 of ORBCOMM 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 ORBCOMM's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ORBCOMM'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:ORBC 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 7 Analyst Estimates (S&P Global) See Below
United States of America Telecom Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 5.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NasdaqGS:ORBC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

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

  • Unable to perform a dividend volatility check as ORBCOMM has not reported any payouts.
  • Unable to verify if ORBCOMM's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ORBCOMM's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ORBCOMM has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ORBCOMM's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 ORBCOMM afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ORBCOMM 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.

ORBC Management

 What is the CEO of ORBCOMM'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
Marc Eisenberg
COMPENSATION $2,587,599
AGE 52
TENURE AS CEO 11 years
CEO Bio

Mr. Marc J. Eisenberg has been the President and Chief Executive Officer at ORBCOMM Inc. since March 31, 2008 and since April 2008, respectively. Mr. Eisenberg served as the Chief Operating Officer of ORBCOMM, Inc. from June 2006 to March 2008. Mr. Eisenberg served as the Chief Marketing Officer of ORBCOMM, Inc. from June 1, 2006 to February 27, 2007 and Executive Vice President of Sales & Marketing at Orbcomm, Inc from March 2002 to June 2006. Prior to joining ORBCOMM, from 1999 to 2001, Mr. Eisenberg served as the Senior Vice President of Cablevision Electronics Investments, where he was responsible for selling Cablevision services such as video and internet subscriptions through its retail channel. From 1984 to 1999, he served as Senior Vice President of Sales & Operations with the consumer electronics company The Wiz. He has been an Independent Director of Energy Focus, Inc. since July 22, 2015. He has been a Director of ORBCOMM Inc. since March 7, 2008 and ORBCOMM Holdings LLC since March 7, 2008. He served as a Director of ORBCOMM Holdings LLC from May 2002 to February 2004. He holds a bachelor’s of science degree in marketing and management from New York University.

CEO Compensation
  • Marc's compensation has increased whilst company is loss making.
  • Marc'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 ORBCOMM management team in years:

11
Average Tenure
53
Average Age
  • The average tenure for the ORBCOMM management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Marc Eisenberg

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
52
TENURE
11 yrs

Dean Milcos

TITLE
Senior VP. Chief Accounting Officer & Interim CFO
COMPENSATION
$654K
AGE
53

John Stolte

TITLE
Executive VP of Technology & Operations
COMPENSATION
$679K
AGE
58
TENURE
17.9 yrs

Christian Le Brun

TITLE
Executive VP
COMPENSATION
$783K
AGE
50
TENURE
11 yrs

Craig Malone

TITLE
Executive Vice President of Product Development
COMPENSATION
$784K
AGE
55
TENURE
5.7 yrs

Aly Bonilla

TITLE
Vice President of Investor Relations
TENURE
0.8 yrs

Michelle Ferris

TITLE
Director of Corporate Communications

Sue Rutherford

TITLE
Vice President of Marketing

Mike Coniglio

TITLE
Vice President of Human Resources

Denis Veilleux

TITLE
Senior VP & Treasurer
Board of Directors Tenure

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

11
Average Tenure
58
Average Age
  • The average tenure for the ORBCOMM board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jerry Eisenberg

TITLE
Non-Executive Chairman of the Board
COMPENSATION
$207K
AGE
79
TENURE
11 yrs

Marc Eisenberg

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
52
TENURE
11 yrs

John Major

TITLE
Director
COMPENSATION
$156K
AGE
72
TENURE
11.9 yrs

Karen Gould

TITLE
Director
COMPENSATION
$90K
AGE
53
TENURE
0.8 yrs

Tim Kelleher

TITLE
Director
COMPENSATION
$150K
AGE
55
TENURE
11 yrs

Marco Fuchs

TITLE
Director
AGE
56
TENURE
15.1 yrs

Gary Ritondaro

TITLE
Director
COMPENSATION
$160K
AGE
72
TENURE
12.3 yrs

Didier Delepine

TITLE
Director
COMPENSATION
$161K
AGE
70
TENURE
11.8 yrs

Denise Gibson

TITLE
Director
COMPENSATION
$37K
AGE
58
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess ORBCOMM'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. ORBCOMM 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.

ORBC News

Simply Wall St News

What Does ORBCOMM Inc's (NASDAQ:ORBC) Ownership Structure Look Like?

In this article, I will take a quick look at ORBCOMM Inc’s (NASDAQ:ORBC) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

When Will ORBCOMM Inc (NASDAQ:ORBC) Become Profitable?

The US$815.60m market-cap posted a loss in its most recent financial year of -US$61.30m and a latest trailing-twelve-month loss of -US$68.04m leading to an even wider gap between loss and breakeven? … The most pressing concern for investors is ORBC’s path to profitability – when will it breakeven. … View our latest analysis for ORBCOMM

Simply Wall St -

Is ORBCOMM Inc (NASDAQ:ORBC) A Financially Sound Company?

ORBCOMM Inc (NASDAQ:ORBC) is a small-cap stock with a market capitalization of US$768.54m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Telecom industry facing headwinds from current disruption,

Simply Wall St -

Is It Too Late To Buy ORBCOMM Inc (NASDAQ:ORBC)?

received a lot of attention from a substantial price movement on the NasdaqGS over the last few months, increasing to $10.37 at one point, and dropping to the lows of $8.85. … A question to answer is whether ORBCOMM's current trading price of $9.7 reflective of the actual value of the? … Let’s take a look at ORBCOMM’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 -

ORBCOMM Inc's (NASDAQ:ORBC) Path To Profitability

Many investors are wondering the rate at which ORBC will turn a profit, with the big question being “when will the company breakeven?” I’ve put together a brief outline of industry analyst expectations for ORBC, its year of breakeven and its implied growth rate. … Check out our latest analysis for ORBCOMM ORBC is bordering on breakeven, according to analysts. … NasdaqGS:ORBC Past Future Earnings Mar 30th 18 Given this is a high-level overview, I won’t go into detail the detail of ORBC’s upcoming projects, though, bear in mind that by and large a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

Simply Wall St -

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

How does ORBC’s operating cash flow stack up against its debt? … With this increase in debt, the current cash and short-term investment levels stands at US$34.83M for investing into the business. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: ORBC’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

At $10.58, Is ORBCOMM Inc (NASDAQ:ORBC) A Buy?

I find that ORBCOMM’s ratio of 3.15x is trading slightly above its industry peers’ ratio of 2.18x, which means if you buy ORBCOMM today, you’d be paying a relatively reasonable price for it. … And if you believe that ORBCOMM should be trading at this level in the long run, there’s only an insignificant downside when the price falls to its real value. … It seems like the market has already priced in ORBC’s positive outlook, with shares trading around its fair value.

Simply Wall St -

Should You Worry About ORBCOMM Inc's (ORBC) CEO Salary Level?

ORBC can create value to shareholders by increasing its profitability, which in turn is reflected into the share price and the investor's ability to sell their shares at higher capital gains. … Typically I would look at market cap and earnings as a proxy for performance, however, ORBC's negative earnings reduces the usefulness of my formula. … To research more about these fundamentals, I recommend you check out our simple infographic report on ORBC's financial metrics.

Simply Wall St -

ORBC Company Info

Description

ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. The company offers network connectivity, devices, device management, and Web reporting applications that are designed to track, monitor, control, and enhance security for various assets, such as trailers, trucks, rail cars, sea containers, power generators, fluid tanks, marine vessels, diesel or electric powered generators, oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters in transportation and supply chain, heavy equipment, fixed asset monitoring, and maritime industries, as well as for governments. It also provides satellite automatic identification service data services for vessel navigation and to enhance maritime safety for government and commercial customers; and vehicle fleet management, as well as in-cab and fleet vehicle solutions using various network platforms, including its own constellation of low-Earth orbit satellites and accompanying ground infrastructure, as well as terrestrial-based cellular communication services through reseller agreements with various cellular wireless providers. In addition, the company offers customer solutions utilizing additional satellite network service options through service agreements with third party mobile satellite providers; and resells service using the two-way Inmarsat satellite network to provide higher bandwidth. It markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as indirectly through market channel partners and affiliates. The company has a strategic alliance with Inmarsat plc. ORBCOMM Inc. was founded in 2001 and is headquartered in Rochelle Park, New Jersey.

Details
Name: ORBCOMM Inc.
ORBC
Exchange: NasdaqGS
Founded: 2001
$526,539,636
79,417,743
Website: http://www.orbcomm.com
Address: ORBCOMM Inc.
395 West Passaic Street,
Suite 325,
Rochelle Park,
New Jersey, 07662,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ORBC Common Stock Nasdaq Global Select US USD 03. Nov 2006
Number of employees
Current staff
Staff numbers
785
ORBCOMM employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 00:00
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/04
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.