Iridium Communications Inc (IRDM)
NEUTRALFundamental
66
Price
$47.12
Market Cap
$5.05B
Part 1 · What the company is worth
Overview
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units. The company sells its products and services to commercial end users through a wholesale distribution network that includes service providers, and value-added resellers and value-added manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$884M
Trailing 12 months (through 6/30/2026)
Net Income
$93M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$300M
Total Equity
$463M
Total Liabilities
$2.07B
Current Ratio
2.78
Interest Coverage
10.17
Debt/EBITDA
0.03
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$40.37
Current Price
$47.12
Margin of Safety
-16.7%
Fair Value Range
$26.24 - $54.50
Estimation Methods
Valuation Metrics
P/E Ratio
53.75
ROE
24.7%
P/B Ratio
10.61
P/FCF
17.38
Gross Margin
-
ROIC
6.8%
Profitability Radar
Value Creation (Economic Moat)
ROIC
6.8%
WACC
9.3%
ROIC − WACC
-2.4 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (17)
- EPS shows upward trend
- Price CAGR 17.70%
- ROIC 6.8%
- P/FCF 17.38
- Operating Margin 23.8%
- Positive Free Cash Flow
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- ROE 20.1%
- Revenue Growth 5Y 8.4%
- Analyst Consensus 53% Buy
- Earnings Quality (OCF/NI) 4.24
- Share Dilution -10.1%
- Piotroski F-Score 7/9
Failed (7)
- P/B Ratio 10.61
- Debt/Equity ratio
- CapEx intensity
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg -19.5%
- Net Margin Trend 10.5% vs 13.2%
Unavailable (3)
- Gross Margin NaN%
- Dividend Payout NaN%
- PEG Ratio (need PE > 0 and growth > 0)
Piotroski F-Score
Strong financial health
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Matthew J. Desch | CEO & Director | 67 |
| Mr. Vincent J. O'Neill | Chief Financial Officer | 59 |
| Ms. Suzanne E. McBride | COO & Director | 56 |
| Ms. Kathleen A. Morgan | Chief Legal Officer & Company Secretary | 57 |
| Mr. Scott T. Scheimreif | Executive Vice President of Government Programs | 56 |
| Mr. Gregory D. Pelton | Chief Technical Officer | - |
| Mr. Kenneth B. Levy | Vice President of Investor Relations | - |
| Mr. Timothy J. Last | Executive Vice President of Sales & Marketing | 57 |
| Mr. Donald L. Thoma | Executive Vice President of Aireon | 63 |
| Dr. Michael L. O'Connor Ph.D. | Executive Vice President of Positioning, Navigation & Timing Division | - |
Audit Risk
1
Board Risk
1
Compensation Risk
4
Shareholder Rights Risk
4
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Latest News
Recent headlines for IRDM, sourced from Markets Gazette.