COMP <GO>
IRDM vs GSAT // 10Y YIELD & FRED MACRO BETA
Iridium Communications Inc (NASDAQ) VS. Globalstar Inc. (NASDAQ) • 15-METRIC TALLY: IRDM 7
— GSAT 5
■ METRIC PARITY
LAST: $43.74 (-2.60%) • MKT CAP: $4.77B
macro-sensitivity
—
LAST: $82.94 (+0.78%) • MKT CAP: $10.66B
macro-sensitivity
1.07
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (IRDM VS. GSAT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | IRDM | GSAT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 50.90% | 0.70% | +50.20 | IRDM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 14.9x | 95.0x | -80.10 | IRDM | /valuation <GO> |
| Free Cash Flow Yield | 6.13% | 5.63% | +0.50 | IRDM | /fcf-yield <GO> |
| Operating Margin | 27.10% | 2.70% | +24.40 | IRDM | /operating-margins <GO> |
| Net Profit Margin | 13.10% | -3.20% | +16.30 | IRDM | /net-margins <GO> |
| Revenue Growth (YoY) | 4.90% | 9.00% | -4.10 | GSAT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.29% | 0.10% | +1.19 | IRDM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.92 | 2.29 | -0.37 | GSAT | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | IRDM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 43.8 | 45.2 | -1.40 | GSAT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | — | 1.07 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 39.7x | 29.0x | +10.70 | GSAT | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.77B | $10.66B | -$5.90B | GSAT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | IRDM REV | GSAT REV | IRDM GROSS % | GSAT GROSS % | IRDM FCF | GSAT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $871.7M | $273.0M | — | — | $299.8M | $609.4M |
| FY 2024 | $830.7M | $250.3M | — | — | $306.1M | $427.9M |
| FY 2023 | $790.7M | $223.8M | — | — | $314.9M | $64.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
IRDM // BETA —
GSAT // BETA 1.07