Added to YB: 2025-06-30
Pitch date: 2025-06-27
SATS [bullish]
EchoStar Corporation
+345.34%
current return
Author Info
No bio for this author
Company Info
EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East.
Market Cap
$31.7B
Pitch Price
$28.89
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.94
P/E
-2.18
EV/Sales
3.98
Sector
Media
Category
value
The Worst-Case Scenario for $SATS
SATS: Trading at 0.2-0.3x intrinsic value ($7B mkt cap vs $45B equity value) due to $60B spectrum assets. Three scenarios: 1) Bankruptcy w/no spectrum deals (unlikely); 2) Zombie mode—selling some spectrum but low ROI; 3) Price war suicide. Spectrum value clear but trapped by Ergen's control, poor IR, complex cap structure. Bears fear 'corporate vampire' scenario.
Read full article (4 min)