Financials Viasat, Inc.

Equities

VSAT

US92552V1008

Communications & Networking

Market Closed - Nasdaq 04:00:00 2023-12-08 pm EST Intraday chart for Viasat, Inc. 5-day change 1st Jan Change
24.18 USD +3.33% +10.16% -23.60%

Valuation

Fiscal Period : March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4 687 2 232 3 294 3 632 2 584 3 011 - -
Enterprise Value (EV) 1 5 838 3 779 4 831 5 807 3 695 8 473 8 404 8 101
P/E ratio -68,6x - 801x -232x 2,37x -4,24x -141x -62,0x
Yield - - - - - - - -
Capitalization / Revenue 2,27x 0,97x 1,46x 1,30x 1,01x 0,71x 0,67x 0,61x
EV / Revenue 2,82x 1,64x 2,14x 2,08x 1,45x 2,01x 1,87x 1,64x
EV / EBITDA 17,2x 8,26x 9,10x 9,50x 6,34x 6,31x 5,67x 4,83x
EV / FCF -18,9x -14,7x -48,3x -13,4x -5,21x -12,9x -34,0x 73,8x
FCF Yield -5,30% -6,80% -2,07% -7,45% -19,2% -7,77% -2,94% 1,36%
Price to Book 2,44x 1,10x 1,40x 1,38x 0,68x 0,53x 0,53x 0,55x
Nbr of stocks (in thousands) 60 481 62 129 68 529 74 421 76 373 124 507 - -
Reference price 2 77,5 35,9 48,1 48,8 33,8 24,2 24,2 24,2
Announcement Date 5/23/19 5/26/20 5/25/21 5/25/22 5/17/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period : March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2 068 2 309 2 256 2 788 2 556 4 220 4 499 4 951
EBITDA 1 339 458 531 611 583 1 344 1 483 1 676
EBIT 1 28,6 133 152 158 42,3 443 431 349
Operating Margin 1,38% 5,74% 6,73% 5,66% 1,65% 10,5% 9,58% 7,05%
Earnings before Tax (EBT) 1 -110 1,43 26,0 -16,4 -162 -754 -22,9 -69,3
Net income 1 -67,6 -0,21 3,69 -15,5 1 085 -851 -2,69 -210
Net margin -3,27% -0,01% 0,16% -0,56% 42,4% -20,2% -0,06% -4,24%
EPS 2 -1,13 - 0,06 -0,21 14,3 -5,71 -0,17 -0,39
Free Cash Flow 1 -309 -257 -100 -433 -709 -658 -247 110
FCF margin -15,0% -11,1% -4,43% -15,5% -27,7% -15,6% -5,49% 2,22%
FCF Conversion (EBITDA) - - - - - - - 6,55%
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 5/23/19 5/26/20 5/25/21 5/25/22 5/17/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period : March 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 665 701 720 702 678 657 651 666 780 1 225 1 107 1 112 1 058 1 103 1 137
EBITDA 1 159 155 163 134 132 188 139 124 183 486 337 343 359 370 376
EBIT 1 51,4 37,2 45,4 23,8 14,8 46,0 6,39 7,72 35,8 236 102 107 - - -
Operating Margin 7,74% 5,31% 6,30% 3,40% 2,18% 7,01% 0,98% 1,16% 4,59% 19,2% 9,21% 9,65% - - -
Earnings before Tax (EBT) 1 14,2 2,28 -0,50 -32,4 -31,8 3,40 -39,5 -68,2 -78,3 -858 -2,54 1,33 -24,4 -10,8 -17,6
Net income 1 17,0 3,29 -6,61 -29,2 -21,6 -48,2 -42,2 1 197 -77,0 -767 -19,5 -18,6 - - -
Net margin 2,55% 0,47% -0,92% -4,16% -3,18% -7,35% -6,48% 180% -9,87% -62,6% -1,76% -1,67% - - -
EPS 2 0,23 0,04 -0,09 -0,39 -0,29 -0,64 -0,55 15,6 -0,83 -6,16 -0,02 0,00 0,06 0,20 0,17
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 8/5/21 11/8/21 2/3/22 5/25/22 8/8/22 11/8/22 2/7/23 5/17/23 8/9/23 11/8/23 - - - - -
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Estimates

Balance Sheet Analysis

Fiscal Period : March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1 151 1 547 1 537 2 176 1 111 5 462 5 394 5 090
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3,39x 3,38x 2,90x 3,56x 1,90x 4,07x 3,64x 3,04x
Free Cash Flow 1 -309 -257 -100 -433 -709 -658 -247 110
ROE (net income / shareholders' equity) -3,61% 3,66% 3,52% 3,54% 33,6% -16,9% -0,77% -2,18%
Shareholders' equity 1 1 872 -5,79 105 -439 3 229 5 021 348 9 634
ROA (Net income/ Total Assets) -1,85% 0,00% 0,07% -0,26% 15,4% -6,08% -0,09% -1,22%
Assets 1 3 665 4 417 5 119 5 869 7 060 14 005 2 970 17 146
Book Value Per Share 2 31,8 32,6 34,3 35,4 49,7 46,0 45,5 43,6
Cash Flow per Share 2 5,81 7,87 10,9 8,38 5,26 7,33 7,92 9,52
Capex 1 637 694 827 938 1 077 1 692 1 446 1 153
Capex / Sales 30,8% 30,1% 36,7% 33,7% 42,1% 40,1% 32,1% 23,3%
Announcement Date 5/23/19 5/26/20 5/25/21 5/25/22 5/17/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating :
Investor Rating :
ESG Refinitiv :
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
24.18USD
Average target price
37.14USD
Spread / Average Target
+53.61%
Consensus
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