Iridium Communications provides mobile voice and data communications services through satellites which that spans 100% global coverage. The company was founded in 2000 and is based in McLean, Virginia.
IRDM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Iridium Communications Inc. To summarize, we found that Iridium Communications Inc ranked in the 99th percentile in terms of potential gain offered. Our DCF model suggests the stock is undervalued by 29738.5%; returns of such proportions should be viewed with some skepticism, though. As for the metrics that stood out in our discounted cash flow analysis of Iridium Communications Inc, consider:
The compound growth rate in the free cash flow of Iridium Communications Inc over the past 0.65 years is 2.76%; that's higher than 98.26% of free cash flow generating stocks in the Communication Services sector.
Iridium Communications Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 9.41% of tickers in our DCF set.
IRDM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than just 9.41% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Iridium Communications Inc? See TLK, FTRCQ, AMOV, NTTYY, and ORBC.
One of the most unique companies on the market today is Iridium Communications (IRDM). With its satellite constellation encircling the globe, the company is a niche play on global communications. Mariners at sea, governments looking for connectivity to telecommunications assets across the globe, and even travelers who make treks into...
Iridium Communications Inc. (NASDAQ: IRDM) is proud to unveil the Iridium Online Museum, celebrating the challenges and successes of an audacious idea that initially failed, but ultimately succeeded and achieved its vision, inspiring a resurgence in commercial interest in space. The launch of the museum is timely, coinciding with the 20th anniversary of the first legal steps taken towards Iridium's rebirth as a modern company, on July 31, 2000. As Iridium continues its legacy of innovation and enters a new chapter of its story following the success of the Iridium® NEXT launch program, continued growth, and financial transformation, the interactive website commemorates the Company's unique history and offers lessons for other current and future endeavors.