Globalstar Stock Z Score
| GSAT Stock | USD 1.58 0.05 3.27% |
Globalstar | Z Score |
Globalstar Z Score Analysis
Globalstar's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Current Globalstar Z Score | 8.51 |
Most of Globalstar's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Globalstar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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Globalstar Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Globalstar is extremely important. It helps to project a fair market value of Globalstar Stock properly, considering its historical fundamentals such as Z Score. Since Globalstar's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Globalstar's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Globalstar's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
According to the company's disclosures, Globalstar has a Z Score of 8.51. This is 543.23% lower than that of the Diversified Telecommunication Services sector and notably higher than that of the Communication Services industry. The z score for all United States stocks is 2.41% higher than that of the company.
Globalstar Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Globalstar's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Globalstar could also be used in its relative valuation, which is a method of valuing Globalstar by comparing valuation metrics of similar companies.Globalstar is currently under evaluation in z score category among related companies.
Globalstar Current Valuation Drivers
We derive many important indicators used in calculating different scores of Globalstar from analyzing Globalstar's financial statements. These drivers represent accounts that assess Globalstar's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Globalstar's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | (18.5K) | 45.6K | (316.0K) | (342.3K) | (773.8K) | (834.9K) | |
| Revenue Per Employee | 368.6K | 392.0K | 370.3K | 377.8K | 447.3K | 374.2K | |
| Average Assets | 1.1B | 1.0B | 915.3M | 871.8M | 819.9M | 903.1M | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 127.7M | 174.1M | 36.3M | 26.8M | (134.1M) | (137.7M) | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 127.7M | 174.1M | 36.3M | 26.8M | (134.1M) | (137.7M) | |
| Earnings before Tax | (6.4M) | 15.9M | (109.0M) | (112.9M) | (258.2M) | (278.6M) | |
| Average Equity | 379.1M | 400.4M | 458.8M | 399.6M | 282.2M | 320.7M | |
| Enterprise Value | 1.2B | 1.2B | 880.6M | 2.3B | 2.7B | 2.3B | |
| Free Cash Flow | (8.5M) | (4.9M) | 9.7M | 88.5M | 24.5M | 26.4M | |
| Invested Capital | 1.2B | 1.3B | 1.1B | 964.4M | 690.2M | 921.8M | |
| Invested Capital Average | 1.3B | 1.3B | 1.1B | 1.0B | 925.1M | 1.1B | |
| Market Capitalization | 809.9M | 753.0M | 565.6M | 2.1B | 2.4B | 1.9B | |
| Tangible Asset Value | 1.0B | 929.9M | 849.9M | 773.1M | 700.0M | 815.0M | |
| Working Capital | (37.2M) | 200K | (45.7M) | 7.3M | (115.8M) | (125.0M) |
Globalstar Fundamentals
| Return On Equity | -0.0577 | ||||
| Return On Asset | 8.0E-4 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0.0356 % | ||||
| Current Valuation | 3.31 B | ||||
| Shares Outstanding | 1.9 B | ||||
| Shares Owned By Insiders | 61.92 % | ||||
| Shares Owned By Institutions | 18.60 % | ||||
| Number Of Shares Shorted | 35.61 M | ||||
| Price To Earning | 11.22 X | ||||
| Price To Book | 20.32 X | ||||
| Price To Sales | 18.18 X | ||||
| Revenue | 148.5 M | ||||
| Gross Profit | 83.48 M | ||||
| EBITDA | 212.01 M | ||||
| Net Income | (256.92 M) | ||||
| Cash And Equivalents | 13.14 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 162.5 M | ||||
| Debt To Equity | 1.09 % | ||||
| Current Ratio | 0.50 X | ||||
| Book Value Per Share | 0.20 X | ||||
| Cash Flow From Operations | 63.8 M | ||||
| Short Ratio | 8.49 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Price To Earnings To Growth | (0.75) X | ||||
| Target Price | 4.13 | ||||
| Number Of Employees | 332 | ||||
| Beta | 0.38 | ||||
| Market Capitalization | 3 B | ||||
| Total Asset | 833.39 M | ||||
| Retained Earnings | (2.04 B) | ||||
| Working Capital | (115.83 M) | ||||
| Current Asset | 38.49 M | ||||
| Current Liabilities | 107.03 M | ||||
| Z Score | 8.51 | ||||
| Annual Yield | 0.0275 % | ||||
| Net Asset | 833.39 M |
About Globalstar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Globalstar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globalstar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globalstar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Globalstar, Inc. provides mobile satellite services worldwide. The company was founded in 1993 and is headquartered in Covington, Louisiana. Globalstar operates under Telecom Services classification in the United States and is traded on AMEX Exchange. It employs 329 people.
Globalstar Investors Sentiment
The influence of Globalstar's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Globalstar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Globalstar's public news can be used to forecast risks associated with an investment in Globalstar. The trend in average sentiment can be used to explain how an investor holding Globalstar can time the market purely based on public headlines and social activities around Globalstar. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globalstar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globalstar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Globalstar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Globalstar.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globalstar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globalstar's short interest history, or implied volatility extrapolated from Globalstar options trading.
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Check out Globalstar Piotroski F Score and Globalstar Valuation analysis. For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Globalstar Stock analysis
When running Globalstar's price analysis, check to measure Globalstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.
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Is Globalstar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globalstar. If investors know Globalstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.117 | Quarterly Revenue Growth 0.533 | Return On Assets 0.0008 | Return On Equity (0.06) |
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globalstar's market value can be influenced by many factors that don't directly affect Globalstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.