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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.37
IRDM's Cash to Debt is ranked lower than
57% of the 454 Companies
in the Global Telecom Services industry.

( Industry Median: 0.50 vs. IRDM: 0.37 )
Ranked among companies with meaningful Cash to Debt only.
IRDM' s 10-Year Cash to Debt Range
Min: 0.24  Med: 10000.00 Max: No Debt
Current: 0.37
Equity to Asset 0.42
IRDM's Equity to Asset is ranked higher than
52% of the 429 Companies
in the Global Telecom Services industry.

( Industry Median: 0.41 vs. IRDM: 0.42 )
Ranked among companies with meaningful Equity to Asset only.
IRDM' s 10-Year Equity to Asset Range
Min: 0.41  Med: 0.47 Max: 0.77
Current: 0.42
0.41
0.77
F-Score: 7
Z-Score: 0.81
M-Score: -2.85
WACC vs ROIC
4.80%
4.37%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 31.42
IRDM's Operating margin (%) is ranked higher than
94% of the 452 Companies
in the Global Telecom Services industry.

( Industry Median: 8.26 vs. IRDM: 31.42 )
Ranked among companies with meaningful Operating margin (%) only.
IRDM' s 10-Year Operating margin (%) Range
Min: -17.34  Med: 23.72 Max: 30.08
Current: 31.42
-17.34
30.08
Net-margin (%) 19.50
IRDM's Net-margin (%) is ranked higher than
90% of the 452 Companies
in the Global Telecom Services industry.

( Industry Median: 4.47 vs. IRDM: 19.50 )
Ranked among companies with meaningful Net-margin (%) only.
IRDM' s 10-Year Net-margin (%) Range
Min: -58.41  Med: 13.51 Max: 18.35
Current: 19.5
-58.41
18.35
ROE (%) 5.57
IRDM's ROE (%) is ranked lower than
56% of the 429 Companies
in the Global Telecom Services industry.

( Industry Median: 7.78 vs. IRDM: 5.57 )
Ranked among companies with meaningful ROE (%) only.
IRDM' s 10-Year ROE (%) Range
Min: -9.89  Med: 5.77 Max: 7.97
Current: 5.57
-9.89
7.97
ROA (%) 2.93
IRDM's ROA (%) is ranked lower than
53% of the 459 Companies
in the Global Telecom Services industry.

( Industry Median: 3.37 vs. IRDM: 2.93 )
Ranked among companies with meaningful ROA (%) only.
IRDM' s 10-Year ROA (%) Range
Min: -7.22  Med: 2.87 Max: 3.93
Current: 2.93
-7.22
3.93
ROC (Joel Greenblatt) (%) 7.13
IRDM's ROC (Joel Greenblatt) (%) is ranked lower than
65% of the 456 Companies
in the Global Telecom Services industry.

( Industry Median: 14.51 vs. IRDM: 7.13 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
IRDM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -6.56  Med: 7.77 Max: 10.93
Current: 7.13
-6.56
10.93
Revenue Growth (3Y)(%) -10.60
IRDM's Revenue Growth (3Y)(%) is ranked lower than
77% of the 384 Companies
in the Global Telecom Services industry.

( Industry Median: 2.00 vs. IRDM: -10.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
IRDM' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0  Med: -10.60 Max: 51.6
Current: -10.6
0
51.6
EBITDA Growth (3Y)(%) -8.90
IRDM's EBITDA Growth (3Y)(%) is ranked lower than
70% of the 322 Companies
in the Global Telecom Services industry.

( Industry Median: 0.70 vs. IRDM: -8.90 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
IRDM' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: 6.40 Max: 223.5
Current: -8.9
0
223.5
EPS Growth (3Y)(%) 0.60
IRDM's EPS Growth (3Y)(%) is ranked lower than
51% of the 295 Companies
in the Global Telecom Services industry.

( Industry Median: 1.30 vs. IRDM: 0.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
IRDM' s 10-Year EPS Growth (3Y)(%) Range
Min: 0  Med: 16.60 Max: 141
Current: 0.6
0
141
» IRDM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

IRDM Guru Trades in Q2 2014

Ron Baron 9,139,870 sh (New)
Jim Simons 117,699 sh (New)
Paul Tudor Jones 43,100 sh (New)
Chuck Royce 2,391,489 sh (+9.25%)
Mario Gabelli 90,000 sh (unchged)
» More
Q3 2014

IRDM Guru Trades in Q3 2014

Jim Simons 248,699 sh (+111.30%)
Mario Gabelli 94,000 sh (+4.44%)
Chuck Royce 2,482,689 sh (+3.81%)
Ron Baron 9,190,510 sh (+0.55%)
Paul Tudor Jones 16,200 sh (-62.41%)
» More
Q4 2014

IRDM Guru Trades in Q4 2014

Paul Tudor Jones 43,055 sh (+165.77%)
Chuck Royce 2,689,189 sh (+8.32%)
Ron Baron 9,190,510 sh (unchged)
Mario Gabelli 94,000 sh (unchged)
Jim Simons 200,799 sh (-19.26%)
» More
Q1 2015

IRDM Guru Trades in Q1 2015

Chuck Royce 2,927,089 sh (+8.85%)
Paul Tudor Jones 43,349 sh (+0.68%)
Ron Baron 11,408,641 sh (+24.14%)
Ron Baron 9,113,171 sh (-0.84%)
Mario Gabelli 81,000 sh (-13.83%)
Jim Simons 68,100 sh (-66.09%)
» More
» Details

Insider Trades

Latest Guru Trades with IRDM

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Iridium Communications Inc

SymbolPriceYieldDescription
IRIIZ0.000.00Perp Conv Pfd Shs Series -A- -144A-
IRDMB290.006.346 3/4 % Cum Conv Perp Pfd Shs Series -B-
IRDDA91.807.637 % Cum Conv Pfd Shs Series -A-

Guru Investment Theses on Iridium Communications Inc

Ron Baron Comments on Iridium Communications Inc - Jul 28, 2014

Iridium (IRDM), a satellite enabled voice and data communications company, had declined from over $9 per share in 2013 to $6.10 this year when we invested in that business. Iridium provides unique and valuable communications services to the Department of Defense. It also enables machine to machine communications (The Internet of Things) as well as enabling flight safety improvements and improved airline economics.



Iridium Communications Inc. operates a group of satellites used for worldwide voice and data communication from hand-held satellite phones and other transceiver units. The stock rose significantly in the second quarter, driven by increasing investor confidence in its growth prospects. We participated in a capital raise by Iridium, purchasing its convertible preferred stock. Iridium used its proceeds to fund the build of an advanced satellite constellation. We believe this will be a unique asset with significant growth opportunities around M2M (machine to machine) and flight safety and control (Aireon). Its Department of Defense businesses will continue to provide significant cash flow. (Gilad Shany)



Iridium Communications Inc. provides mobile voice and data communication services using a constellation of low-earth orbiting (LEO) satellites. Due to its unique architecture, IRDM’s constellation is the only network with full coverage across the globe (including polar regions, open ocean and other remote locations). Over the next three years, IRDM will deploy its next generation constellation which will allow it to add significant capabilities and accelerate growth in new markets (M2M or machine-to machine, aviation, maritime and more).We believe one of these initiatives (Aireon) has the potential to save billions of dollars through commercial aviation route optimization and improve its real time coverage. In today’s “always on, always connected” world, the need for connectivity is ever growing. IRDM’s current business (government and commercial) is contracted and recurring. Complementing this with growth opportunities, we believe, will allow IRDM to expand margins, improve its returns on investments and optimize its capital structure and returns to shareholders. (Gilad Shany)



From Ron Baron (Trades, Portfolio)’s Baron Funds Second Quarter 2014 Report.



Check out Ron Baron latest stock trades

Baron Funds Comments on Iridium Communications Inc - Jul 22, 2014

For example, we invested in Iridium Communications Inc. (IRDM), which operates satellites used for voice and data communication via handheld satellite phones and other transceivers. Iridium is developing the world’s first satellite-based global air traffic surveillance system, which we think has the potential for transformational improvements in flight safety, control and efficiencies. As of June 30, 2014, the stock was up nearly 40% since our initial investment in early May 2014.



From Baron Funds' Second Quarter 2014 Shareholder Letter.



Check out Ron Baron latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 11.77
IRDM's P/E(ttm) is ranked higher than
77% of the 298 Companies
in the Global Telecom Services industry.

( Industry Median: 20.20 vs. IRDM: 11.77 )
Ranked among companies with meaningful P/E(ttm) only.
IRDM' s 10-Year P/E(ttm) Range
Min: 7.18  Med: 13.39 Max: 109.33
Current: 11.77
7.18
109.33
Forward P/E 8.34
IRDM's Forward P/E is ranked higher than
87% of the 188 Companies
in the Global Telecom Services industry.

( Industry Median: 17.04 vs. IRDM: 8.34 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 13.40
IRDM's PE(NRI) is ranked higher than
74% of the 298 Companies
in the Global Telecom Services industry.

( Industry Median: 20.90 vs. IRDM: 13.40 )
Ranked among companies with meaningful PE(NRI) only.
IRDM' s 10-Year PE(NRI) Range
Min: 7.15  Med: 13.85 Max: 108.11
Current: 13.4
7.15
108.11
P/B 0.54
IRDM's P/B is ranked higher than
91% of the 419 Companies
in the Global Telecom Services industry.

( Industry Median: 2.37 vs. IRDM: 0.54 )
Ranked among companies with meaningful P/B only.
IRDM' s 10-Year P/B Range
Min: 0.45  Med: 0.75 Max: 1.19
Current: 0.54
0.45
1.19
P/S 2.10
IRDM's P/S is ranked lower than
64% of the 444 Companies
in the Global Telecom Services industry.

( Industry Median: 1.44 vs. IRDM: 2.10 )
Ranked among companies with meaningful P/S only.
IRDM' s 10-Year P/S Range
Min: 1.08  Med: 1.71 Max: 7.83
Current: 2.1
1.08
7.83
POCF 3.87
IRDM's POCF is ranked higher than
81% of the 318 Companies
in the Global Telecom Services industry.

( Industry Median: 8.14 vs. IRDM: 3.87 )
Ranked among companies with meaningful POCF only.
IRDM' s 10-Year POCF Range
Min: 2.28  Med: 3.64 Max: 37.09
Current: 3.87
2.28
37.09
EV-to-EBIT 11.71
IRDM's EV-to-EBIT is ranked higher than
67% of the 330 Companies
in the Global Telecom Services industry.

( Industry Median: 15.87 vs. IRDM: 11.71 )
Ranked among companies with meaningful EV-to-EBIT only.
IRDM' s 10-Year EV-to-EBIT Range
Min: -60.8  Med: 10.30 Max: 38.4
Current: 11.71
-60.8
38.4
PEG 0.32
IRDM's PEG is ranked higher than
93% of the 137 Companies
in the Global Telecom Services industry.

( Industry Median: 2.09 vs. IRDM: 0.32 )
Ranked among companies with meaningful PEG only.
IRDM' s 10-Year PEG Range
Min: 0.34  Med: 0.96 Max: 3.57
Current: 0.32
0.34
3.57
Shiller P/E 18.41
IRDM's Shiller P/E is ranked lower than
51% of the 208 Companies
in the Global Telecom Services industry.

( Industry Median: 18.82 vs. IRDM: 18.41 )
Ranked among companies with meaningful Shiller P/E only.
IRDM' s 10-Year Shiller P/E Range
Min: 18.41  Med: 25.46 Max: 29.38
Current: 18.41
18.41
29.38
Current Ratio 5.69
IRDM's Current Ratio is ranked higher than
95% of the 442 Companies
in the Global Telecom Services industry.

( Industry Median: 1.17 vs. IRDM: 5.69 )
Ranked among companies with meaningful Current Ratio only.
IRDM' s 10-Year Current Ratio Range
Min: 0.01  Med: 2.48 Max: 6.03
Current: 5.69
0.01
6.03
Quick Ratio 5.44
IRDM's Quick Ratio is ranked higher than
94% of the 442 Companies
in the Global Telecom Services industry.

( Industry Median: 1.07 vs. IRDM: 5.44 )
Ranked among companies with meaningful Quick Ratio only.
IRDM' s 10-Year Quick Ratio Range
Min: 0.01  Med: 2.21 Max: 5.75
Current: 5.44
0.01
5.75
Days Inventory 91.52
IRDM's Days Inventory is ranked lower than
91% of the 346 Companies
in the Global Telecom Services industry.

( Industry Median: 14.66 vs. IRDM: 91.52 )
Ranked among companies with meaningful Days Inventory only.
IRDM' s 10-Year Days Inventory Range
Min: 46.22  Med: 78.43 Max: 124.45
Current: 91.52
46.22
124.45
Days Sales Outstanding 45.59
IRDM's Days Sales Outstanding is ranked higher than
54% of the 378 Companies
in the Global Telecom Services industry.

( Industry Median: 47.77 vs. IRDM: 45.59 )
Ranked among companies with meaningful Days Sales Outstanding only.
IRDM' s 10-Year Days Sales Outstanding Range
Min: 45.27  Med: 53.07 Max: 197.84
Current: 45.59
45.27
197.84

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.60
IRDM's Price/Tangible Book is ranked higher than
91% of the 301 Companies
in the Global Telecom Services industry.

( Industry Median: 2.85 vs. IRDM: 0.60 )
Ranked among companies with meaningful Price/Tangible Book only.
IRDM' s 10-Year Price/Tangible Book Range
Min: 0.6  Med: 1.16 Max: 1.72
Current: 0.6
0.6
1.72
Price/Median PS Value 1.23
IRDM's Price/Median PS Value is ranked lower than
67% of the 360 Companies
in the Global Telecom Services industry.

( Industry Median: 1.03 vs. IRDM: 1.23 )
Ranked among companies with meaningful Price/Median PS Value only.
IRDM' s 10-Year Price/Median PS Value Range
Min: 0.71  Med: 1.01 Max: 4.32
Current: 1.23
0.71
4.32
Price/Peter Lynch Fair Value 2.38
IRDM's Price/Peter Lynch Fair Value is ranked lower than
71% of the 76 Companies
in the Global Telecom Services industry.

( Industry Median: 1.48 vs. IRDM: 2.38 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
IRDM' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.59  Med: 0.96 Max: 3.25
Current: 2.38
0.59
3.25
Price/Graham Number 0.48
IRDM's Price/Graham Number is ranked higher than
92% of the 176 Companies
in the Global Telecom Services industry.

( Industry Median: 1.58 vs. IRDM: 0.48 )
Ranked among companies with meaningful Price/Graham Number only.
IRDM' s 10-Year Price/Graham Number Range
Min: 0.44  Med: 0.67 Max: 12.89
Current: 0.48
0.44
12.89
Earnings Yield (Greenblatt) (%) 8.58
IRDM's Earnings Yield (Greenblatt) (%) is ranked higher than
76% of the 447 Companies
in the Global Telecom Services industry.

( Industry Median: 4.70 vs. IRDM: 8.58 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
IRDM' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 2.6  Med: 9.20 Max: 37.8
Current: 8.58
2.6
37.8
Forward Rate of Return (Yacktman) (%) -25.15
IRDM's Forward Rate of Return (Yacktman) (%) is ranked lower than
94% of the 238 Companies
in the Global Telecom Services industry.

( Industry Median: 9.72 vs. IRDM: -25.15 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
IRDM' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -31.5  Med: -19.30 Max: 22.3
Current: -25.15
-31.5
22.3

Business Description

Industry: Communication Services » Telecom Services
Compare: » details
Traded in other countries:IRDDA.USA, 6IC.Germany,
Iridium Communications Inc., formerly GHL Acquisition Corp., was organized under the laws of the State of Delaware on November 2, 2007. On February 21, 2008, it consummated its initial public offering and on September 29, 2009, it acquired, directly and indirectly, all the outstanding equity of Iridium Holdings LLC, or Iridium Holdings, and the Company changed its name from GHL Acquisition Corp. to Iridium Communications Inc. The Company is a provider of mobile voice and data communications services via satellite, and the provider of mobile satellite communications services offering global coverage. The Company's satellite network provides communications services to regions of the world where existing wireless or wireline networks do not exist or are impaired, including remote or rural land areas, open ocean, the polar regions and regions where the telecommunications infrastructure has been affected by political conflicts or natural disasters. The Company offers voice and data communications services to businesses, the U.S. and foreign governments, non-governmental organizations and consumers via its constellation of 66 in-orbit satellites, in-orbit spares and related ground infrastructure, including a main commercial gateway. The Company's commercial end-user base, which it views as its main growth engine, is diverse and includes markets such as emergency services, maritime, government, utilities, oil and gas, mining, leisure, forestry, construction and transportation. It also offers a combined voice transceiver and data modem, which its distributors integrate into a variety of communications solutions that are deployed in different applications around the world. It currently faces substantial competition from other service providers that offer a range of mobile and fixed communications options. The Company's most direct competition comes from other global mobile satellite services providers. Currently, its main global mobile satellite services competitors are Inmarsat, Globalstar, Thuraya Telecommunications Co., or Thuraya, and ORBCOMM. The Company competes mainly on the basis of coverage, quality, mobility and pricing of services and products.
» More Articles for IRDM

Headlines

Articles On GuruFocus.com
A Look at Spektra Fund – One of the World’s Top Performing Hedge Funds Mar 04 2015 
Ron Baron Comments on Iridium Communications Inc Jul 28 2014 
Baron Funds Comments on Iridium Communications Inc Jul 22 2014 
Weekly 3-Year Low Highlight: EW, NUAN, MNK, CROX, IRDM Nov 03 2013 
CEO of Iridium Communications Inc. Matthew J. Desch Bought 15,000 Shares Aug 07 2013 
Whitney Tilson Keeps Up with Iridium Jan 07 2013 
comment on IRDM Jan 02 2013 
Weekly CFO Buys Highlight: PTSX, MTG, IRDM, SQNM, FNFG, LF Aug 13 2012 
"Powerball" Ideas - $IRDM + $IRDMZ warrants Feb 02 2012 
T2 Partners Annual Letter - Discussion of Each of His 15 Long Positions Jan 10 2012 

More From Other Websites
10-Q for Iridium Communications, Inc. Aug 01 2015
Edited Transcript of IRDM earnings conference call or presentation 30-Jul-15 12:30pm GMT Jul 31 2015
Iridium tops Street 2Q forecasts Jul 30 2015
Iridium tops Street 2Q forecasts Jul 30 2015
Iridium Communications Inc Earnings Call scheduled for 8:30 am ET today Jul 30 2015
Iridium Announces Second-Quarter 2015 Results; Company Updates 2015 and Long-Range Outlook Jul 30 2015
IRIDIUM COMMUNICATIONS INC. Files SEC form 8-K, Results of Operations and Financial Condition,... Jul 30 2015
Iridium Announces Second-Quarter 2015 Results; Company Updates 2015 and Long-Range Outlook Jul 30 2015
Iridium Announces Third-Party Apps for Iridium GO!(R), Growth of Application Developer Program Jul 22 2015
Iridium Announces Third-Party Apps for Iridium GO!(R), Growth of Application Developer Program Jul 22 2015
Iridium Completes Compact Antenna Test Range Testing Jul 15 2015
Iridium Completes Compact Antenna Test Range Testing Jul 15 2015
Iridium Announces Release Date for Second-Quarter 2015 Financial Results Jul 09 2015
Iridium Announces Release Date for Second-Quarter 2015 Financial Results Jul 09 2015
Global Satellite Internet Network Could Be A Game-Changer... Here's How To Profit From It Jul 02 2015
Iridium Announces Go-to-Market Partners for Iridium(R) Push-to-Talk Jun 29 2015
Iridium Announces Go-to-Market Partners for Iridium(R) Push-to-Talk Jun 29 2015
3 ETFs ready to pop Jun 05 2015
Iridium to Present at 2015 William Blair Growth Stock Conference Jun 04 2015

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