Globalstar, Inc.

NYSEAM:GSAT Stock Report

Market Cap: US$3.3b

Globalstar Valuation

Is GSAT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GSAT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GSAT ($1.71) is trading above our estimate of fair value ($1.04)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GSAT?

Key metric: As GSAT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for GSAT. This is calculated by dividing GSAT's market cap by their current revenue.
What is GSAT's PS Ratio?
PS Ratio13.4x
SalesUS$241.58m
Market CapUS$3.29b

Price to Sales Ratio vs Peers

How does GSAT's PS Ratio compare to its peers?

The above table shows the PS ratio for GSAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
CCOI Cogent Communications Holdings
4x7.3%US$3.8b
IRDM Iridium Communications
3.9x3.9%US$3.1b
LBTY.A Liberty Global
0.6x0.6%US$4.6b
LILA Liberty Latin America
0.3x3.4%US$1.4b
GSAT Globalstar
13.4x2.8%US$3.3b

Price-To-Sales vs Peers: GSAT is expensive based on its Price-To-Sales Ratio (13.4x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does GSAT's PS Ratio compare vs other companies in the US Telecom Industry?

13 CompaniesPrice / SalesEstimated GrowthMarket Cap
LILA Liberty Latin America
0.3x3.4%US$1.37b
ATNI ATN International
0.4x-0.1%US$285.33m
SIFY Sify Technologies
0.2x27.0%US$87.69m
IQST iQSTEL
0.1xn/aUS$28.88m
GSAT 13.4xIndustry Avg. 1.3xNo. of Companies13PS01.63.24.86.48+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: GSAT is expensive based on its Price-To-Sales Ratio (13.4x) compared to the US Telecom industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is GSAT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GSAT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio13.4x
Fair PS Ratio0.9x

Price-To-Sales vs Fair Ratio: GSAT is expensive based on its Price-To-Sales Ratio (13.4x) compared to the estimated Fair Price-To-Sales Ratio (0.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GSAT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$1.71
US$3.33
+94.7%
51.2%US$5.00US$0.99n/a3
Nov ’25US$1.38
US$3.25
+135.3%
51.6%US$5.00US$0.99n/a3
Oct ’25US$1.18
US$3.97
+236.0%
54.8%US$7.12US$0.99n/a4
Sep ’25US$1.25
US$3.97
+217.2%
54.8%US$7.12US$0.99n/a4
Aug ’25US$1.14
US$3.96
+246.9%
54.5%US$7.08US$0.99n/a4
Jul ’25US$1.07
US$3.96
+269.6%
54.5%US$7.08US$0.99n/a4
Jun ’25US$1.09
US$3.96
+262.8%
54.5%US$7.08US$0.99n/a4
May ’25US$1.29
US$3.92
+204.2%
49.2%US$7.08US$0.99n/a5
Apr ’25US$1.35
US$3.92
+190.7%
49.2%US$7.08US$0.99n/a5
Mar ’25US$1.48
US$3.92
+165.1%
49.2%US$7.08US$0.99n/a5
Feb ’25US$1.68
US$4.06
+141.8%
53.2%US$7.77US$0.99n/a5
Jan ’25US$1.94
US$4.13
+112.8%
58.4%US$7.77US$0.99n/a4
Dec ’24US$1.55
US$4.13
+166.3%
58.4%US$7.77US$0.99n/a4
Nov ’24US$1.40
US$4.37
+211.8%
55.4%US$7.72US$0.99US$1.384
Oct ’24US$1.31
US$4.37
+233.2%
55.4%US$7.72US$0.99US$1.184
Sep ’24US$1.48
US$4.37
+194.9%
55.4%US$7.72US$0.99US$1.254
Aug ’24US$1.13
US$3.25
+187.3%
51.6%US$5.00US$0.99US$1.143
Jul ’24US$1.08
US$3.25
+200.6%
51.6%US$5.00US$0.99US$1.073
Jun ’24US$1.11
US$3.25
+192.5%
51.6%US$5.00US$0.99US$1.093
May ’24US$0.90
US$3.50
+288.9%
38.2%US$5.00US$1.75US$1.293
Apr ’24US$1.16
US$3.50
+201.7%
38.2%US$5.00US$1.75US$1.353
Mar ’24US$1.18
US$3.50
+196.6%
38.2%US$5.00US$1.75US$1.483
Feb ’24US$1.41
US$3.50
+148.2%
38.2%US$5.00US$1.75US$1.683
Jan ’24US$1.33
US$3.50
+163.2%
38.2%US$5.00US$1.75US$1.943
Dec ’23US$1.86
US$3.50
+88.2%
38.2%US$5.00US$1.75US$1.553
Nov ’23US$2.28
US$3.09
+35.7%
52.5%US$5.00US$1.03US$1.403

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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