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Maxar Technologies

DB:2JD
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2JD
DB
$1B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Maxar Technologies Inc. provides space technology solutions for commercial and government customers worldwide. The last earnings update was 109 days ago. More info.


Add to Portfolio Compare Print
  • Maxar Technologies has significant price volatility in the past 3 months.
2JD Share Price and Events
7 Day Returns
-5.3%
DB:2JD
-0.7%
Europe Aerospace & Defense
-0.2%
DE Market
1 Year Returns
186.2%
DB:2JD
17.1%
Europe Aerospace & Defense
13.7%
DE Market
2JD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Maxar Technologies (2JD) -5.3% -14.3% 64.5% 186.2% -65.2% -77.2%
Europe Aerospace & Defense -0.7% -1.6% 1.1% 17.1% 55.7% 81.9%
DE Market -0.2% 0.3% 3.7% 13.7% 5.3% 4.7%
1 Year Return vs Industry and Market
  • 2JD outperformed the Aerospace & Defense industry which returned 17.1% over the past year.
  • 2JD outperformed the Market in Germany which returned 13.7% over the past year.
Price Volatility
2JD
Industry
5yr Volatility vs Market

2JD Value

 Is Maxar Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Maxar Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Maxar Technologies.

DB:2JD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:2JD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.868 (1 + (1- 21%) (321.39%))
2.388
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:2JD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Maxar Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:2JD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 -64.53 Analyst x3 -58.41
2021 68.00 Analyst x1 55.70
2022 72.20 Est @ 6.18% 53.53
2023 75.25 Est @ 4.21% 50.49
2024 77.38 Est @ 2.83% 46.99
2025 78.82 Est @ 1.86% 43.32
2026 79.76 Est @ 1.19% 39.67
2027 80.33 Est @ 0.71% 36.16
2028 80.63 Est @ 0.38% 32.86
2029 80.76 Est @ 0.15% 29.78
Present value of next 10 years cash flows $330.00
DB:2JD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $80.76 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$739.35
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $739.35 ÷ (1 + 10.49%)10
$272.66
DB:2JD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $330.00 + $272.66
$602.66
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $602.66 / 59.89
$10.06
DB:2JD Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2JD represents 0.93859x of NYSE:MAXR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.93859x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 10.06 x 0.93859
€9.45
Value per share (EUR) From above. €9.45
Current discount Discount to share price of €16.20
= -1 x (€16.20 - €9.45) / €9.45
-71.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Maxar Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Maxar Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Maxar Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2JD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-14.92
NYSE:MAXR Share Price ** NYSE (2020-02-21) in USD $17.26
Europe Aerospace & Defense Industry PE Ratio Median Figure of 36 Publicly-Listed Aerospace & Defense Companies 25.66x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 20.9x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Maxar Technologies.

DB:2JD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MAXR Share Price ÷ EPS (both in USD)

= 17.26 ÷ -14.92

-1.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Maxar Technologies is loss making, we can't compare its value to the Europe Aerospace & Defense industry average.
  • Maxar Technologies is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Maxar Technologies's expected growth come at a high price?
Raw Data
DB:2JD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
62.3%per year
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 27 Publicly-Listed Aerospace & Defense Companies 2.11x
Germany Market PEG Ratio Median Figure of 260 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Maxar Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Maxar Technologies's assets?
Raw Data
DB:2JD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $11.76
NYSE:MAXR Share Price * NYSE (2020-02-21) in USD $17.26
Europe Aerospace & Defense Industry PB Ratio Median Figure of 49 Publicly-Listed Aerospace & Defense Companies 2.17x
Germany Market PB Ratio Median Figure of 575 Publicly-Listed Companies 1.9x
DB:2JD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MAXR Share Price ÷ Book Value per Share (both in USD)

= 17.26 ÷ 11.76

1.47x

* Primary Listing of Maxar Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Maxar Technologies is good value based on assets compared to the Europe Aerospace & Defense industry average.
X
Value checks
We assess Maxar Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Maxar Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

2JD Future Performance

 How is Maxar Technologies expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
62.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Maxar Technologies expected to grow at an attractive rate?
  • Maxar Technologies's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Maxar Technologies's earnings growth is expected to exceed the Germany market average.
  • Maxar Technologies's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2JD Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2JD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 62.3%
DB:2JD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 1.6%
Europe Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 21.7%
Europe Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:2JD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2JD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31
2021-12-31 2,098 225 -20 1
2020-12-31 1,889 240 -123 5
2020-02-21
2019-12-31 1,909 252 33 9
DB:2JD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 1,969 233 -889
2019-06-30 1,999 199 -1,152
2019-03-31 2,088 94 -1,338
2018-12-31 2,141 139 -1,264
2018-09-30 2,190 110 -292
2018-06-30 2,018 97 9
2018-03-31 1,815 112 69
2017-12-31 1,631 105 58
2017-09-30 1,395 128 55
2017-06-30 1,487 76 78
2017-03-31 1,509 110 79
2016-12-31 1,558 54 68

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Maxar Technologies's earnings are expected to grow significantly at over 20% yearly.
  • Maxar Technologies's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:2JD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Maxar Technologies Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2JD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 -0.33 -0.33 -0.33 1.00
2020-12-31 -2.05 -0.86 -3.13 3.00
2020-02-21
2019-12-31 0.55 0.60 0.50 2.00
DB:2JD Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -14.92
2019-06-30 -19.36
2019-03-31 -22.73
2018-12-31 -21.76
2018-09-30 -5.12
2018-06-30 0.18
2018-03-31 1.49
2017-12-31 1.41
2017-09-30 1.52
2017-06-30 2.15
2017-03-31 2.18
2016-12-31 1.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Maxar Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Maxar Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Maxar Technologies has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

2JD Past Performance

  How has Maxar Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Maxar Technologies's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Maxar Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Maxar Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Maxar Technologies's 1-year growth to the Europe Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
Maxar Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Maxar Technologies Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2JD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,969.00 -889.00 382.00
2019-06-30 1,999.00 -1,152.00 411.00
2019-03-31 2,088.00 -1,338.00 467.00
2018-12-31 2,141.00 -1,264.00 467.00
2018-09-30 2,189.90 -291.90 618.00
2018-06-30 2,018.30 9.40 522.20
2018-03-31 1,814.50 68.70 388.80
2017-12-31 1,631.00 58.00 293.00
2017-09-30 1,394.81 55.32 15.92
2017-06-30 1,486.80 78.45 4.81
2017-03-31 1,508.98 79.38 25.97
2016-12-31 1,558.00 68.00 227.00
2016-09-30 1,603.90 86.46 38.73
2016-06-30 1,636.93 97.89 34.11
2016-03-31 1,654.72 112.07 6.21
2015-12-31 1,526.05 102.95 18.32
2015-09-30 1,582.60 75.59 28.68
2015-06-30 1,692.04 54.03 37.57
2015-03-31 1,690.22 47.65 42.02
2014-12-31 1,812.36 40.69 49.26
2014-09-30 1,814.58 96.69 48.13
2014-06-30 1,861.30 124.79 75.90
2014-03-31 1,706.66 115.80 71.70
2013-12-31 1,712.21 98.88 87.01
2013-09-30 1,666.89 88.40 78.71
2013-06-30 1,350.21 81.05 38.79
2013-03-31 1,117.41 52.07 65.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Maxar Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Maxar Technologies has efficiently used its assets last year compared to the Europe Aerospace & Defense industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Maxar Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Maxar Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Maxar Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

2JD Health

 How is Maxar Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Maxar Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Maxar Technologies's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Maxar Technologies's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Maxar Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Maxar Technologies Company Filings, last reported 4 months ago.

DB:2JD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 702.00 3,228.00 52.00
2019-06-30 731.00 3,240.00 63.00
2019-03-31 580.00 3,193.00 45.00
2018-12-31 644.00 3,143.00 38.00
2018-09-30 1,708.00 3,191.80 16.20
2018-06-30 2,123.80 3,178.10 19.00
2018-03-31 2,030.90 3,133.00 30.30
2017-12-31 1,833.00 3,067.00 20.00
2017-09-30 872.87 810.83 16.60
2017-06-30 865.60 799.68 11.84
2017-03-31 859.36 785.17 7.28
2016-12-31 863.00 735.00 19.90
2016-09-30 843.16 770.37 80.32
2016-06-30 824.22 712.67 51.41
2016-03-31 813.81 726.64 52.42
2015-12-31 798.36 705.71 35.75
2015-09-30 804.07 714.53 72.67
2015-06-30 773.85 709.19 71.47
2015-03-31 733.83 599.16 74.84
2014-12-31 694.24 646.42 20.67
2014-09-30 798.57 654.68 43.27
2014-06-30 787.89 612.45 56.64
2014-03-31 756.52 558.10 36.68
2013-12-31 749.42 556.87 53.22
2013-09-30 598.60 643.33 57.93
2013-06-30 566.92 743.25 18.52
2013-03-31 532.37 712.95 30.30
  • Maxar Technologies's level of debt (459.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (82.1% vs 459.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Maxar Technologies has sufficient cash runway for 1.4 years based on current free cash flow.
  • Maxar Technologies has less than a year of cash runway if free cash flow continues to grow at historical rates of 53.8% each year.
X
Financial health checks
We assess Maxar Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Maxar Technologies has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

2JD Dividends

 What is Maxar Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.23%
Current annual income from Maxar Technologies dividends. Estimated to be 0.23% next year.
If you bought €2,000 of Maxar Technologies shares you are expected to receive €5 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Maxar Technologies's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.31%).
  • Maxar Technologies's dividend is below the markets top 25% of dividend payers in Germany (3.65%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:2JD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Europe Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 1.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:2JD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.04 1.00
2021-12-31 0.04 3.00
2020-12-31 0.04 3.00
2020-02-21
2019-12-31 0.04 3.00
DB:2JD Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-19 0.040 0.229
2019-10-29 0.040 0.295
2019-08-01 0.040 0.530
2019-05-08 0.040 0.535
2019-03-01 0.040 0.825
2019-02-28 0.040 0.617
2018-10-31 1.084 12.776
2018-05-09 1.110 2.900
2018-02-22 1.130 2.513
2017-11-02 1.147 1.871
2017-07-28 1.147 2.045
2017-05-02 1.077 2.297
2017-02-24 1.077 2.185
2016-08-05 1.091 2.052
2016-05-09 1.121 1.732
2016-03-04 1.106 1.724
2015-11-02 1.012 1.750
2015-07-31 1.105 1.940
2015-05-06 1.134 1.593
2015-03-02 1.160 1.522
2014-10-30 1.024 1.440
2014-07-30 1.153 1.566
2014-03-05 1.163 1.514
2013-11-18 1.165 1.626
2013-07-31 1.233 1.606
2013-03-15 1.229 1.858
2012-11-09 1.262 2.150
2012-07-26 1.287 2.376
2012-02-29 1.265 2.707
2011-10-28 0.975 2.170
2011-10-26 0.988 2.313

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Maxar Technologies is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Maxar Technologies is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Maxar Technologies's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Maxar Technologies's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • No need to calculate the sustainability of Maxar Technologies's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Maxar Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Maxar Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Maxar Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

2JD Management

 What is the CEO of Maxar Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dan Jablonsky
AGE 49
TENURE AS CEO 1.1 years
CEO Bio

Mr. Daniel L. Jablonsky, also known as Dan, has been the President and Chief Executive Officer of Maxar Technologies Inc. since January 14, 2019. Mr. Jablonsky served as the President and Director of DigitalGlobe, Inc. since October 5, 2017 until January 14, 2019 and previously served as its Senior Vice President, General Counsel and Secretary from March 12, 2012 to October 2017 and as its General Manager - International Defense & Intelligence until October 2017. Mr. Jablonsky also serves as a Vice President and Secretary of GeoEye, LLC. Mr. Jablonsky served as an Interim Co-General Counsel at Flextronics International Ltd. from 2010 to 2011. He served as Senior Corporate Counsel of Securities and M&A at Flextronics from 2007 to 2010. He served as Regional Counsel of UBS Financial Services Inc since 2007. He served in the enforcement division of the U.S. Securities and Exchange Commission and practiced corporate and securities law with O'Melveny & Myers LLP. He served as an Officer and Engineer in the United States Navy. He serves as Director of Maxar Technologies Inc. since January 14, 2019. Mr. Jablonsky served as a Director for UBS Financial Services Inc since 2007. He also serves as a Director of GeoEye, LLC. He holds a Bachelor of Science degree from the United States Naval Academy and a Juris Doctor degree from the University Of Washington School Of Law.

CEO Compensation
  • Insufficient data for Dan to compare compensation growth.
  • Insufficient data for Dan to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Maxar Technologies management team in years:

1.3
Average Tenure
53.5
Average Age
  • The average tenure for the Maxar Technologies management team is less than 2 years, this suggests a new team.
Management Team

Biggs Porter

TITLE
CFO & Executive VP
COMPENSATION
$2M
AGE
65
TENURE
1.5 yrs

Anil Wirasekara

TITLE
Executive Vice President of Finance
COMPENSATION
$2M
AGE
62
TENURE
1.5 yrs

Mike Greenley

TITLE
Group President of MDA
COMPENSATION
$2M
AGE
52
TENURE
2.1 yrs

Dan Jablonsky

TITLE
President
AGE
49
TENURE
1.1 yrs

E. Robertson

TITLE
Senior VP of Operations & COO
AGE
51
TENURE
0.9 yrs

Carolyn Pittman

TITLE
Senior VP
AGE
55
TENURE
0.6 yrs

Walter Scott

TITLE
Executive VP & CTO
AGE
61
TENURE
2.3 yrs

Jason Gursky

TITLE
Vice President of Investor Relations
TENURE
2.3 yrs

Jim Lee

TITLE
Senior VP
AGE
49
TENURE
0.8 yrs

Nancy Coleman

TITLE
Senior VP of Marketing & Communications
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Maxar Technologies board of directors in years:

2.6
Average Tenure
65.5
Average Age
  • The average tenure for the Maxar Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Howell Estes

TITLE
Independent Chairman of the Board
COMPENSATION
$141K
AGE
77
TENURE
1.1 yrs

Dan Jablonsky

TITLE
President
AGE
49
TENURE
1.1 yrs

Eric Zahler

TITLE
Independent Director
COMPENSATION
$126K
AGE
68
TENURE
5.8 yrs

Claude Kehler

TITLE
Independent Director
COMPENSATION
$162K
AGE
67
TENURE
3.3 yrs

Nick Cyprus

TITLE
Independent Director
COMPENSATION
$154K
AGE
65
TENURE
2.6 yrs

Roxanne Decyk

TITLE
Independent Director
AGE
66
TENURE
0.8 yrs

Bob Phillips

TITLE
Independent Director
COMPENSATION
$171K
AGE
68
TENURE
16.3 yrs

Joan Isham

TITLE
Independent Director
COMPENSATION
$142K
AGE
63
TENURE
3.3 yrs

L. Mason

TITLE
Independent Director
COMPENSATION
$141K
AGE
54
TENURE
2.6 yrs

Eddy Zervigon

TITLE
Director
AGE
50
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • Maxar Technologies individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Feb 20 Sell Walter Scott Individual 11. Feb 20 11. Feb 20 -470 €16.47 €-7,739
13. Feb 20 Sell E. Robertson Individual 11. Feb 20 11. Feb 20 -317 €16.47 €-5,220
13. Feb 20 Sell Megan Fitzgerald Individual 01. Nov 19 01. Nov 19 -187 €8.84 €-1,653
13. Feb 20 Sell Daniel Jablonsky Individual 11. Feb 20 11. Feb 20 -446 €16.47 €-7,344
13. Feb 20 Sell Leon Frazier Individual 11. Feb 20 11. Feb 20 -388 €16.47 €-6,389
08. Mar 19 Buy Nicholas Cyprus Individual 06. Mar 19 06. Mar 19 5,000 €4.45 €22,227
11. Mar 19 Buy Mike Greenley Individual 11. Mar 19 11. Mar 19 10,715 €4.66 €49,898
08. Mar 19 Buy Daniel Jablonsky Individual 05. Mar 19 05. Mar 19 20,000 €4.56 €91,120
08. Mar 19 Buy Walter Scott Individual 06. Mar 19 06. Mar 19 20,300 €4.47 €90,706
08. Mar 19 Buy Howell Estes Individual 05. Mar 19 05. Mar 19 10,000 €4.42 €44,231
X
Management checks
We assess Maxar Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Maxar Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

2JD News

Simply Wall St News

2JD Company Info

Description

Maxar Technologies Inc. provides space technology solutions for commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, satellite payloads and antenna subsystems, space-based and airborne surveillance solutions, and robotic systems and associated ground infrastructure and support services for communications and surveillance and intelligence applications. This segment also offers spacecraft and subsystems to the U.S. and Canadian government, and other customers for scientific research and development missions, as well as robotic systems for the space and terrestrial markets. It serves government agencies, satellite operators, and satellite manufacturers. The Imagery segment supplies Earth imagery and radar data solutions for the U.S., Canadian, and other international government agencies, such as defense and intelligence, and civil agencies, as well as commercial customers in various markets. The Services segment provides geospatial information, applications, and analytic services for the U.S. government, as well as for other international governments for intelligence, global development organizations, and commercial customers. The company was founded in 1969 and is based in Westminster, Colorado.

Details
Name: Maxar Technologies Inc.
2JD
Exchange: DB
Founded: 1969
$973,614,956
59,886,036
Website: http://www.maxar.com
Address: Maxar Technologies Inc.
1300 West 120th Avenue,
Westminster,
Colorado, 80234,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MAXR New Common Shares New York Stock Exchange US USD 11. Jul 2000
DB 2JD New Common Shares Deutsche Boerse AG DE EUR 11. Jul 2000
TSX MAXR New Common Shares The Toronto Stock Exchange CA CAD 11. Jul 2000
Number of employees
Current staff
Staff numbers
6,100
Maxar Technologies employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/21 23:54
End of day share price update: 2020/02/21 00:00
Last estimates confirmation: 2020/02/03
Last earnings filing: 2019/11/04
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.