Iridium Communications (HAM:6IC) E10: €0.31 (As of Mar. 2026)


HAM:6IC Iridium Communications Inc HAM:6IC
74 GF Score
Price €35.30
GF Value €29.55
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Iridium Communications E10?

Iridium Communications HAM:6IC -1.94% 74 E10 is €0.31 as of Mar. 2026. GuruFocus rates HAM:6IC with a GF Score™ of 74/100 and a GF Value™ of €29.55 (Modestly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Iridium Communications's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.173. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Iridium Communications's average E10 Growth Rate was 48.00% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was -5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Iridium Communications was 7.00% per year. The lowest was -17.70% per year. And the median was -12.05% per year.

As of today (2026-06-27), Iridium Communications's current stock price is €35.30. Iridium Communications's E10 for the quarter that ended in Mar. 2026 was €0.31. Iridium Communications's Shiller PE Ratio of today is 113.87.

During the past 13 years, the highest Shiller PE Ratio of Iridium Communications was 248.48. The lowest was 20.09. And the median was 93.08.


Iridium Communications  (HAM:6IC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Iridium Communications's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=35.30/0.31
=113.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Iridium Communications was 248.48. The lowest was 20.09. And the median was 93.08.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Iridium Communications E10 Related Terms


Iridium Communications E10 Historical Data

* Premium members only.

The historical data trend for Iridium Communications's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Iridium Communications E10 Chart

Iridium Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.32

Iridium Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.32 0.31

HAM:6IC vs LBRDA, TDS, AD: E10 Comparison

For the Telecom Services subindustry, Iridium Communications's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iridium Communications Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Iridium Communications's Shiller PE Ratio falls into.


HAM:6IC
74GF Score
Iridium Communications Inc HAM:6IC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iridium Communications E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Iridium Communications's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.173/330.2130*330.2130
=0.173

Current CPI (Mar. 2026) = 330.2130.

Iridium Communications Quarterly Data

per share eps CPI Adj_EPS
201606 0.196 241.018 0.269
201609 0.232 241.428 0.317
201612 0.200 241.432 0.274
201703 0.280 243.801 0.379
201706 0.178 244.955 0.240
201709 0.193 246.819 0.258
201712 1.188 246.524 1.591
201803 0.057 249.554 0.075
201806 -0.051 251.989 -0.067
201809 -0.111 252.439 -0.145
201812 -0.076 251.233 -0.100
201903 -0.159 254.202 -0.207
201906 -0.142 256.143 -0.183
201909 -0.127 256.759 -0.163
201912 -0.737 256.974 -0.947
202003 -0.217 258.115 -0.278
202006 -0.080 257.797 -0.102
202009 -0.025 260.280 -0.032
202012 -0.049 260.474 -0.062
202103 -0.034 264.877 -0.042
202106 0.025 271.696 0.030
202109 -0.017 274.310 -0.020
202112 -0.040 278.802 -0.047
202203 0.018 287.504 0.021
202206 0.038 296.311 0.042
202209 0.020 296.808 0.022
202212 -0.009 296.797 -0.010
202303 0.075 301.836 0.082
202306 -0.222 305.109 -0.240
202309 -0.009 307.789 -0.010
202312 0.275 306.746 0.296
202403 0.147 312.332 0.155
202406 0.251 314.175 0.264
202409 0.189 315.301 0.198
202412 0.306 315.605 0.320
202503 0.250 319.799 0.258
202506 0.173 322.561 0.177
202509 0.298 324.800 0.303
202512 0.202 324.054 0.206
202603 0.173 330.213 0.173

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.31 mean?
Iridium Communications (HAM:6IC) has a E10 of €0.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Iridium Communications and its competitors.
Is Iridium Communications' E10 too high?
Iridium Communications' current E10 is €0.31. Overall, Iridium Communications has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iridium Communications' E10 compare to LBRDA and TDS?
Iridium Communications' E10 of €0.31 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Telecommunication Services company?
A good E10 depends on the Telecommunication Services industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Iridium Communications and its competitors. Iridium Communications's current E10 is €0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iridium Communications stock overvalued right now?
Based on GuruFocus' analysis, Iridium Communications (HAM:6IC) is currently considered Modestly Overvalued. The stock's GF Value™ is €29.55, compared to a current price of €35.30 — trading 19.5% above its estimated fair value. The current E10 is €0.31. Iridium Communications' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Iridium Communications (HAM:6IC), the current E10 is €0.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Iridium Communications (HAM:6IC) Overvalued in 2026?

Based on GuruFocus' analysis, Iridium Communications stock appears to be overvalued. The current stock price of €35.30 is trading 19.5% above its estimated GF Value™ of €29.55. GuruFocus considers Iridium Communications to be Modestly Overvalued.

Key valuation signals for HAM:6IC:

  • E10: €0.31
  • GF Value™: €29.55 vs. price of €35.30 (19.5% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the HAM:6IC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iridium Communications Business Description

Address 1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations, and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low-earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.
74GF Score

Get the complete analysis for HAM:6IC

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€35.30
Price
€29.55
GF Value