COMP <GO>
ASTS vs IRDM // EV/EBITDA & P/E VALUATION
AST SpaceMobile Inc. (NASDAQ) VS. Iridium Communications Inc (NASDAQ) • 15-METRIC TALLY: ASTS 4
— IRDM 7
■ METRIC PARITY
LAST: $43.07 (+1.82%) • MKT CAP: $16.76B
valuation
—
LAST: $46.05 (+0.24%) • MKT CAP: $4.89B
valuation
14.9x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ASTS VS. IRDM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ASTS | IRDM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -14.60% | 50.90% | -65.50 | IRDM | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 14.9x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -6.78% | 6.13% | -12.91 | IRDM | /fcf-yield <GO> |
| Operating Margin | -8.90% | 27.10% | -36.00 | IRDM | /operating-margins <GO> |
| Net Profit Margin | -7.30% | 13.10% | -20.40 | IRDM | /net-margins <GO> |
| Revenue Growth (YoY) | 180.00% | 4.90% | +175.10 | ASTS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 1.29% | -1.29 | IRDM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.82 | 1.92 | +2.90 | ASTS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 8/9 | -3.00 | IRDM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 41.0 | 42.3 | -1.33 | IRDM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.99 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 29.0x | 39.7x | -10.70 | ASTS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $16.76B | $4.89B | $11.87B | ASTS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ASTS REV | IRDM REV | ASTS GROSS % | IRDM GROSS % | ASTS FCF | IRDM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $871.7M | — | — | -$1.14B | $299.8M |
| FY 2024 | $13.8M | $830.7M | — | — | -$300.3M | $306.1M |
| FY 2023 | $0 | $790.7M | — | — | -$148.9M | $314.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ASTS // BETA 0.99
IRDM // BETA —