Globalstar, Inc. (GSAT) Financial Ratios
21 years of historical data (2004–2024) · Communication Services · Telecommunications Services
EV/EBITDA
↑
119.79
↑+91% vs avg
5yr avg: 62.82
30Y Low32.4·High64.5
P/FCF
↓
58.20
↓-27% vs avg
5yr avg: 79.19
30Y Low21.9·High150.6
P/B Ratio
↑
28.75
↑+207% vs avg
5yr avg: 9.35
30Y Low0.1·High48.8
ROE
↑
-17.1%
↓+45% vs avg
5yr avg: -31.0%
30Y Low-473%·High46%
Debt/EBITDA
↓
6.16
↓-18% vs avg
5yr avg: 7.51
30Y Low0.0·High42.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GSAT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Globalstar, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 58.2x P/FCF, 27% below the 5-year average of 79.2x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $10.4B | $3.9B | $5.3B | $3.6B | $3.1B | $834M | $1.3B | $1.2B | $2.3B | $2.5B | $2.7B |
| Enterprise Value | $10.5B | $4.1B | $5.7B | $3.8B | $3.3B | $1.2B | $1.8B | $1.7B | $2.8B | $3.1B | $3.3B |
| P/E Ratio → | -138.93 | — | — | — | — | — | 836.56 | — | — | — | 308.57 |
| P/S Ratio | 41.52 | 15.61 | 23.86 | 24.19 | 24.71 | 6.49 | 9.78 | 9.37 | 20.35 | 26.04 | 29.37 |
| P/B Ratio | 28.75 | 10.89 | 14.09 | 11.41 | 8.40 | 1.97 | 3.16 | 3.40 | 7.87 | 15.59 | 11.21 |
| P/FCF | 58.20 | 21.88 | — | 150.65 | 35.57 | 108.65 | — | — | — | — | — |
| P/OCF | 23.67 | 8.90 | 71.83 | 56.31 | 23.29 | 37.56 | 422.49 | 205.87 | 165.43 | 286.25 | 1229.26 |
P/E links to full P/E history page with 30-year chart
GSAT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Globalstar, Inc.'s enterprise value stands at 119.8x EBITDA, 91% above its 5-year average of 62.8x. The Communication Services sector median is 8.7x, placing the stock at a 1275% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 16.21 | 25.36 | 25.47 | 26.76 | 9.51 | 13.37 | 12.81 | 24.54 | 31.89 | 36.35 |
| EV / EBITDA | 119.79 | 46.11 | 64.48 | — | 108.24 | 32.44 | 55.50 | 38.72 | 317.34 | 225.23 | 309.06 |
| EV / EBIT | — | — | 28664.99 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 22.73 | — | 158.61 | 38.53 | 159.06 | — | — | — | — | — |
GSAT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Globalstar, Inc. earns an operating margin of -0.4%. Operating margins have expanded from -148.8% to -0.4% over the past 3 years, signaling improving operational efficiency. A negative ROE of -17.1% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.9% | 66.9% | 69.0% | 56.2% | 58.2% | 62.1% | 59.3% | 60.0% | 57.6% | 56.8% | 53.1% |
| Operating Margin | -0.4% | -0.4% | -0.1% | -148.8% | -52.7% | -46.0% | -48.6% | -36.4% | -61.1% | -65.7% | -73.6% |
| Net Profit Margin | -25.2% | -25.2% | -11.0% | -173.0% | -90.6% | -85.3% | 11.6% | -5.0% | -79.1% | -136.9% | 79.9% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -17.1% | -17.1% | -7.1% | -75.5% | -28.6% | -26.4% | 4.0% | -2.0% | -39.3% | -66.5% | 45.8% |
| ROA | -4.8% | -4.8% | -2.8% | -31.2% | -13.2% | -11.8% | 1.5% | -0.6% | -7.9% | -11.2% | 5.8% |
| ROIC | -0.1% | -0.1% | -0.0% | -29.5% | -6.9% | -5.2% | -5.7% | -4.5% | -6.9% | -6.0% | -6.4% |
| ROCE | -0.1% | -0.1% | -0.0% | -31.8% | -8.6% | -7.1% | -7.2% | -5.1% | -7.1% | -6.1% | -5.8% |
GSAT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Globalstar, Inc. carries a Debt/EBITDA ratio of 6.2x, which is highly leveraged (80% above the sector average of 3.4x). Net debt stands at $151M ($542M total debt minus $391M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.51 | 1.51 | 1.04 | 0.71 | 0.74 | 0.95 | 1.18 | 1.29 | 1.77 | 3.56 | 2.70 |
| Debt / EBITDA | 6.16 | 6.16 | 4.46 | — | 8.77 | 10.64 | 15.15 | 10.76 | 59.00 | 42.03 | 60.05 |
| Net Debt / Equity | — | 0.42 | 0.89 | 0.60 | 0.70 | 0.92 | 1.16 | 1.25 | 1.62 | 3.50 | 2.66 |
| Net Debt / EBITDA | 1.71 | 1.71 | 3.81 | — | 8.31 | 10.28 | 14.91 | 10.41 | 54.22 | 41.28 | 59.35 |
| Debt / FCF | — | 0.84 | — | 7.97 | 2.96 | 50.41 | — | — | — | — | — |
| Interest Coverage | -0.07 | -0.07 | -0.01 | -7.33 | — | -1.22 | -1.03 | -1.09 | -1.98 | -1.77 | -1.86 |
GSAT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Globalstar, Inc.'s current ratio of 3.16x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.41x to 3.16x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.16 | 3.16 | 0.81 | 0.41 | 1.12 | 0.60 | 1.00 | 0.77 | 0.85 | 0.22 | 0.36 |
| Quick Ratio | 3.09 | 3.09 | 0.73 | 0.37 | 0.89 | 0.48 | 0.74 | 0.68 | 0.81 | 0.17 | 0.25 |
| Cash Ratio | 2.76 | 2.76 | 0.32 | 0.16 | 0.23 | 0.12 | 0.12 | 0.10 | 0.26 | 0.06 | 0.07 |
| Asset Turnover | — | 0.15 | 0.24 | 0.18 | 0.15 | 0.14 | 0.14 | 0.12 | 0.10 | 0.09 | 0.07 |
| Inventory Turnover | 7.71 | 7.71 | 4.76 | 7.02 | 3.76 | 3.54 | 3.28 | 3.65 | 6.57 | 5.17 | 3.53 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
GSAT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Globalstar, Inc. returns 0.1% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.1% | 0.3% | 0.2% | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | 0.1% | — | — | — | 0.3% |
| FCF Yield | 1.7% | 4.6% | — | 0.7% | 2.8% | 0.9% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.1% | 0.3% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $126M | $184M | $180M | $177M | $164M | $166M | $127M | $117M | $106M | $123M |
Peer Comparison
Compare GSAT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GSATYou | $10B | -138.9 | 119.8 | 58.2 | 66.9% | -0.4% | -17.1% | -0.1% | 6.2 |
 IRDM | $4B | 38.3 | 13.3 | 14.3 | 77.3% | 27.1% | 22.0% | 8.0% | 3.9 |
 VSAT | $9B | -15.0 | 11.6 | — | 33.0% | -2.2% | -11.8% | -0.7% | 5.9 |
 GILT | $1B | 58.4 | 29.5 | 158.2 | 29.5% | 4.5% | 5.2% | 5.7% | 0.3 |
 MNKD | $1B | 178.0 | 29.3 | 80.3 | 82.5% | 11.1% | — | 21.6% | 9.3 |
 SATS | $17B | -2.5 | — | — | 37.1% | -118.1% | -178.7% | -32.9% | — |
 SPOK | $220M | 14.2 | 8.7 | 8.7 | 78.8% | 14.1% | 10.5% | 11.3% | 0.3 |
 AAPL | $4.2T | 38.5 | 29.7 | 42.7 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 |
 QCOM | $203B | 38.5 | 15.2 | 15.8 | 55.4% | 27.9% | 23.3% | 29.1% | 1.2 |
 SPCE | $168M | -0.2 | — | — | -1179.5% | -5352.9% | -83.8% | -42.0% | — |
 BA | $181B | 92.7 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
| Communication Services Median | — | 15.5 | 8.7 | 11.6 | 49.1% | 0.9% | 2.2% | 3.3% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 21 years · Updated daily
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Start ComparisonGSAT — Frequently Asked Questions
Quick answers to the most common questions about buying GSAT stock.
What is Globalstar, Inc.'s P/E ratio?
Globalstar, Inc.'s current P/E ratio is -138.9x. This places it at the 50th percentile of its historical range.
What is Globalstar, Inc.'s EV/EBITDA?
Globalstar, Inc.'s current EV/EBITDA is 119.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 49.1x.
What is Globalstar, Inc.'s ROE?
Globalstar, Inc.'s return on equity (ROE) is -17.1%. The historical average is -43.8%.
Is GSAT stock overvalued?
Based on historical data, Globalstar, Inc. is trading at a P/E of -138.9x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Globalstar, Inc.'s dividend yield?
Globalstar, Inc.'s current dividend yield is 0.10%.
What are Globalstar, Inc.'s profit margins?
Globalstar, Inc. has 66.9% gross margin and -0.4% operating margin.
How much debt does Globalstar, Inc. have?
Globalstar, Inc.'s Debt/EBITDA ratio is 6.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.