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Loral Space & Communications

DB:1L8
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1L8
DB
$452M
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Loral Space & Communications Inc., a satellite communications company, offers satellite-based communications services to the broadcast, telecom, corporate, and government customers worldwide. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
  • Loral Space & Communications has significant price volatility in the past 3 months.
1L8 Share Price and Events
7 Day Returns
-5.5%
DB:1L8
-3.4%
DE Media
-0.6%
DE Market
1 Year Returns
-58.6%
DB:1L8
-25.9%
DE Media
-20.9%
DE Market
1L8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Loral Space & Communications (1L8) -5.5% -49.2% -53.4% -58.6% -62.3% -79%
DE Media -3.4% -23.1% -29.7% -25.9% -51.6% -59.2%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 1L8 underperformed the Media industry which returned -25.9% over the past year.
  • 1L8 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
1L8
Industry
5yr Volatility vs Market

Value

 Is Loral Space & Communications 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 Loral Space & Communications 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 Loral Space & Communications.

DB:1L8 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 4%
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:1L8
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Media Unlevered Beta Simply Wall St/ S&P Global 0.63
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.634 (1 + (1- 21%) (0.22%))
0.756
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 5.44%)
3.96%

Discounted Cash Flow Calculation for DB:1L8 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Loral Space & Communications 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:1L8 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 3.96%)
2020 2.33 Est @ 10.12% 2.25
2021 2.50 Est @ 6.97% 2.31
2022 2.62 Est @ 4.76% 2.33
2023 2.70 Est @ 3.21% 2.31
2024 2.76 Est @ 2.13% 2.27
2025 2.80 Est @ 1.38% 2.21
2026 2.82 Est @ 0.85% 2.15
2027 2.83 Est @ 0.48% 2.08
2028 2.84 Est @ 0.22% 2.00
2029 2.84 Est @ 0.03% 1.93
Present value of next 10 years cash flows $21.00
DB:1L8 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $2.84 × (1 + -0.39%) ÷ (3.96% – -0.39%)
$65.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $65.00 ÷ (1 + 3.96%)10
$44.07
DB:1L8 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $21.00 + $44.07
$65.07
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $65.07 / 30.93
$2.1
DB:1L8 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1L8 represents 0.92575x of NasdaqGS:LORL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.92575x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 2.10 x 0.92575
€1.95
Value per share (EUR) From above. €1.95
Current discount Discount to share price of €13.52
= -1 x (€13.52 - €1.95) / €1.95
-594%

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

  • The current share price of Loral Space & Communications 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 Loral Space & Communications's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Loral Space & Communications's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1L8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $2.90
NasdaqGS:LORL Share Price ** NasdaqGS (2020-04-03) in USD $14.6
Germany Media Industry PE Ratio Median Figure of 12 Publicly-Listed Media Companies 22.54x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of Loral Space & Communications.

DB:1L8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:LORL Share Price ÷ EPS (both in USD)

= 14.6 ÷ 2.90

5.03x

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

  • Loral Space & Communications is good value based on earnings compared to the DE Media industry average.
  • Loral Space & Communications is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Loral Space & Communications's expected growth come at a high price?
Raw Data
DB:1L8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Media Industry PEG Ratio Median Figure of 7 Publicly-Listed Media Companies 1.41x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*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 Loral Space & Communications, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Loral Space & Communications's assets?
Raw Data
DB:1L8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $11.32
NasdaqGS:LORL Share Price * NasdaqGS (2020-04-03) in USD $14.6
Germany Media Industry PB Ratio Median Figure of 14 Publicly-Listed Media Companies 2.24x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:1L8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:LORL Share Price ÷ Book Value per Share (both in USD)

= 14.6 ÷ 11.32

1.29x

* Primary Listing of Loral Space & Communications.

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

  • Loral Space & Communications is good value based on assets compared to the DE Media industry average.
X
Value checks
We assess Loral Space & Communications'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 Media 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 Media industry average (and greater than 0)? (1 check)
  5. Loral Space & Communications has a total score of 3/6, 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.

Future Performance

 How is Loral Space & Communications expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Loral Space & Communications has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
18.2%
Expected Media industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Loral Space & Communications expected to grow at an attractive rate?
  • Unable to compare Loral Space & Communications's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Loral Space & Communications's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Loral Space & Communications's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:1L8 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Media Industry Earnings Growth Rate Market Cap Weighted Average 18.2%
Germany Media Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:1L8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1L8 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2 90
2019-09-30 8 42
2019-06-30 8 82
2019-03-31 5 44
2018-12-31 2 10
2018-09-30 -10 92
2018-06-30 -12 70
2018-03-31 -22 67
2017-12-31 -25 134
2017-09-30 -26 82
2017-06-30 -28 53
2017-03-31 -20 88

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Loral Space & Communications is high growth as no earnings estimate data is available.
  • Unable to determine if Loral Space & Communications is high growth as no revenue estimate data is available.
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:1L8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Loral Space & Communications Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1L8 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 2.90
2019-09-30 1.35
2019-06-30 2.64
2019-03-31 1.42
2018-12-31 0.31
2018-09-30 2.97
2018-06-30 2.26
2018-03-31 2.18
2017-12-31 4.35
2017-09-30 2.64
2017-06-30 1.72
2017-03-31 2.85

*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 Loral Space & Communications will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Loral Space & Communications is trading at Loral Space & Communications'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Loral Space & Communications's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Media companies here
  3. Loral Space & Communications's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Loral Space & Communications'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Loral Space & Communications has a total score of 0/6, 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.

Past Performance

  How has Loral Space & Communications 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 Loral Space & Communications's growth in the last year to its industry (Media).
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.
  • Loral Space & Communications has delivered over 20% year on year earnings growth in the past 5 years.
  • Loral Space & Communications's 1-year earnings growth exceeds its 5-year average (827.5% vs 41.2%)
  • Loral Space & Communications's earnings growth has exceeded the DE Media industry average in the past year (827.5% vs 17.2%).
Earnings and Revenue History
Loral Space & Communications'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 Loral Space & Communications Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1L8 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 89.76 7.23
2019-09-30 41.67 7.09
2019-06-30 81.64 6.92
2019-03-31 43.90 6.88
2018-12-31 9.68 6.85
2018-09-30 91.74 7.81
2018-06-30 70.06 7.92
2018-03-31 67.40 7.79
2017-12-31 134.47 7.94
2017-09-30 81.64 8.23
2017-06-30 53.28 7.38
2017-03-31 88.12 7.39
2016-12-31 47.57 6.73
2016-09-30 57.97 5.68
2016-06-30 58.45 5.72
2016-03-31 43.82 6.11
2015-12-31 -69.50 6.53
2015-09-30 -81.55 6.72
2015-06-30 -104.09 6.35
2015-03-31 -69.11 5.61
2014-12-31 -1.43 5.33
2014-09-30 15.17 9.44
2014-06-30 78.63 11.61
2014-03-31 20.23 13.63
2013-12-31 21.46 16.04
2013-09-30 64.24 14.14
2013-06-30 92.28 15.21

*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.
  • Loral Space & Communications has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Loral Space & Communications used its assets more efficiently than the DE Media industry average last year based on Return on Assets.
  • It is difficult to establish if Loral Space & Communications 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 Loral Space & Communications'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 Media 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.
Loral Space & Communications has a total score of 5/6, 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.

Health

 How is Loral Space & Communications'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 Loral Space & Communications's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Loral Space & Communications is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Loral Space & Communications's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Loral Space & Communications'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.
  • Loral Space & Communications has no debt, it does not need to be covered by short term assets.
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 Loral Space & Communications Company Filings, last reported 3 months ago.

DB:1L8 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 350.03 0.00 259.07
2019-09-30 351.24 0.00 257.32
2019-06-30 361.26 0.00 257.69
2019-03-31 329.68 0.00 256.81
2018-12-31 297.57 0.00 256.95
2018-09-30 321.79 0.00 248.90
2018-06-30 281.00 0.00 250.14
2018-03-31 279.93 0.00 251.74
2017-12-31 290.60 0.00 255.14
2017-09-30 253.66 0.00 259.26
2017-06-30 241.48 0.00 262.48
2017-03-31 243.47 0.00 273.80
2016-12-31 170.41 0.00 37.46
2016-09-30 179.13 0.00 42.70
2016-06-30 181.30 0.00 47.65
2016-03-31 141.42 0.00 51.67
2015-12-31 108.49 0.00 58.85
2015-09-30 110.48 0.00 62.15
2015-06-30 112.84 0.00 69.25
2015-03-31 93.23 0.00 75.75
2014-12-31 175.64 0.00 51.43
2014-09-30 218.22 0.00 44.27
2014-06-30 247.29 0.00 74.13
2014-03-31 193.85 0.00 73.62
2013-12-31 207.91 0.00 5.93
2013-09-30 195.41 0.00 24.00
2013-06-30 164.40 0.00 30.37
  • Loral Space & Communications has no debt.
  • Loral Space & Communications has not taken on any debt in the past 5 years.
  • Loral Space & Communications has no debt, it does not need to be covered by operating cash flow.
  • Loral Space & Communications has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Loral Space & Communications'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. Loral Space & Communications has a total score of 6/6, 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.

Dividends

 What is Loral Space & Communications'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%
Current annual income from Loral Space & Communications dividends.
If you bought €2,000 of Loral Space & Communications shares you are expected to receive €0 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?
  • Unable to evaluate Loral Space & Communications's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Loral Space & Communications's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:1L8 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 0 Analyst Estimates (S&P Global) See Below
Germany Media Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 7.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Loral Space & Communications has not reported any payouts.
  • Unable to verify if Loral Space & Communications's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Loral Space & Communications's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Loral Space & Communications has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Loral Space & Communications's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Loral Space & Communications afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Loral Space & Communications 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.

Management

 What is the CEO of Loral Space & Communications'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.
  • Loral Space & Communications has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Loral Space & Communications management team in years:

7.1
Average Tenure
63
Average Age
  • The average tenure for the Loral Space & Communications management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Michael Targoff

TITLE
Vice Chairman & Consultant
COMPENSATION
$2M
AGE
75

Avi Katz

TITLE
President
COMPENSATION
$1M
AGE
60
TENURE
7.3 yrs

John Capogrossi

TITLE
VP, CFO & Treasurer
COMPENSATION
$814K
AGE
66
TENURE
7.1 yrs

Ravinder Girgla

TITLE
VP & Controller
COMPENSATION
$569K
AGE
55
TENURE
4.3 yrs

Daniel Medina

TITLE
Director of Administrative Services

Wendy Lewis

TITLE
Director of Communications
Board of Directors Tenure

Average tenure and age of the Loral Space & Communications board of directors in years:

14.3
Average Tenure
67.5
Average Age
  • The average tenure for the Loral Space & Communications board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Mark Rachesky

TITLE
Non-Executive Chairman
COMPENSATION
$85K
AGE
60
TENURE
14.1 yrs

Michael Targoff

TITLE
Vice Chairman & Consultant
COMPENSATION
$2M
AGE
75
TENURE
14.4 yrs

Arthur Simon

TITLE
Independent Director
COMPENSATION
$155K
AGE
87
TENURE
14.4 yrs

John Harkey

TITLE
Independent Director
COMPENSATION
$151K
AGE
59
TENURE
14.4 yrs

Janet Yeung

TITLE
Independent Director
COMPENSATION
$80K
AGE
54
TENURE
4.9 yrs

John Stenbit

TITLE
Independent Director
COMPENSATION
$171K
AGE
79
TENURE
13.8 yrs
Who owns this company?
Recent Insider Trading
  • Loral Space & Communications 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 (€)
27. Jan 20 Buy Gabelli Foundation Inc, Endowment Arm Company 23. Dec 19 23. Dec 19 1,200 €29.41 €35,291
27. Jan 20 Sell Gabelli & Company Investment Advisers, Inc. Company 20. Dec 19 20. Dec 19 -1,500 €29.40 €-44,102
27. Jan 20 Buy Gabelli & Company Investment Advisers, Inc. Company 13. Dec 19 24. Jan 20 2,500 €30.31 €71,349
27. Jan 20 Sell GAMCO Investors, Inc. Company 27. Nov 19 22. Jan 20 -44,067 €30.59 €0
27. Jan 20 Buy GAMCO Investors, Inc. Company 29. Nov 19 24. Jan 20 84,464 €30.68 €0
27. Jan 20 Sell Mario Gabelli Individual 13. Jan 20 13. Jan 20 -500 €28.46 €-14,231
27. Jan 20 Buy Mario Gabelli Individual 27. Nov 19 23. Dec 19 4,700 €30.37 €136,655
X
Management checks
We assess Loral Space & Communications'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. Loral Space & Communications 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.

News

Simply Wall St News

Company Info

Description

Loral Space & Communications Inc., a satellite communications company, offers satellite-based communications services to the broadcast, telecom, corporate, and government customers worldwide. As of December 31, 2019, the company provided satellite services to its customers through a fleet of 16 in-orbit geostationary satellites; and owned the Canadian Ka-band payload on the ViaSat-1 satellite. It also offers video distribution and direct-to-home (DTH) video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; and broadcast services, including DTH, video distribution and contribution, and satellite transmission services for the broadcast of video news, sports, and live event coverage. In addition, the company provides telecommunication carrier and integrator services; maritime and aeronautical services; satellite services to the Canadian government; two-way broadband Internet services; communications services to the on and off shore oil and gas, and mining industries; and satellite operator services. Further, it is involved in the installation and maintenance of the end user terminal; maintenance of the VSAT hub; and provision of satellite capacity. Additionally, the company offers consulting services related to space and earth, government studies, satellite control services, and research and development; and X-band communications services to the United States, Spanish, and allied government users. Loral Space & Communications Inc. was founded in 1996 and is headquartered in New York, New York.

Details
Name: Loral Space & Communications Inc.
1L8
Exchange: DB
Founded: 1996
$418,604,876
30,932,751
Website: http://www.loral.com
Address: Loral Space & Communications Inc.
600 Fifth Avenue,
16th Floor,
New York,
New York, 10020,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS LORL Common Stock Nasdaq Global Select US USD 27. Jul 2005
DB 1L8 Common Stock Deutsche Boerse AG DE EUR 27. Jul 2005
Number of employees
Current staff
Staff numbers
19
Loral Space & Communications employees.
Industry
Cable and Satellite
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 07:15
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/03/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.