IRDM (Iridium Communications) Intrinsic Value: Projected FCF: $40.40 (As of Aug. 25, 2026)

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Director of Data and Quant Analytics at GuruFocus
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IRDM Iridium Communications Inc IRDM
79 GF Score
Price $47.10
GF Value $36.81
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Iridium Communications Intrinsic Value: Projected FCF?

Iridium Communications IRDM -0.42% 79 Intrinsic Value: Projected FCF is $40.40 as of Aug. 25, 2026. GuruFocus rates IRDM with a GF Score™ of 79/100 and a GF Value™ of $36.81 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 268 Telecommunication Services companies, Iridium Communications ranks worse than 60.45% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-25), Iridium Communications's Intrinsic Value: Projected FCF is $40.40. The stock price of Iridium Communications is $47.10. Therefore, Iridium Communications's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

The historical rank and industry rank for Iridium Communications's Intrinsic Value: Projected FCF or its related term are showing as below:

IRDM' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.5   Med: 2.85   Max: 145.65
Current: 1.17

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Iridium Communications was 145.65. The lowest was 0.50. And the median was 2.85.

IRDM's Price-to-Projected-FCF is ranked worse than
60.45% of 268 companies
in the Telecommunication Services industry
Industry Median: 0.94 vs IRDM: 1.17

Iridium Communications  (NAS:IRDM) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Iridium Communications's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=47.10/40.396213931397
=1.17

* 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 Intrinsic Value: Projected FCF Related Terms


Iridium Communications Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Iridium Communications's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart

Iridium Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.78 12.51 16.29 24.18 34.97

Iridium Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 30.07 33.57 34.97 39.99 40.40

IRDM vs LBRDA, TDS, LBTYA: Intrinsic Value: Projected FCF Comparison

For the Telecom Services subindustry, Iridium Communications's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Iridium Communications's Price-to-Projected-FCF falls into.


IRDM
79GF Score
Iridium Communications Inc IRDM
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iridium Communications Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Iridium Communications's Free Cash Flow(6 year avg) = $271.23.

Iridium Communications's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(14.761153476909*271.23136+472.511*0.8)/108.468
=40.40

* 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.

What does a Intrinsic Value: Projected FCF of $40.40 mean?
Iridium Communications (IRDM) has a Intrinsic Value: Projected FCF of $40.40 as of Aug. 25, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Iridium Communications and its competitors. According to the industry distribution chart, Iridium Communications ranks #162 out of 268 companies in the Telecommunication Services industry, placing it in the top 60.4%.
Is Iridium Communications' Intrinsic Value: Projected FCF too high?
Iridium Communications' current Intrinsic Value: Projected FCF is $40.40. The Telecommunication Services industry median Intrinsic Value: Projected FCF is 0.94. Iridium Communications' value of $40.40 is 4197.9% above this industry median. Based on the distribution chart, Iridium Communications ranks #162 out of 268 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Iridium Communications has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iridium Communications' Intrinsic Value: Projected FCF compare to LBRDA and TDS?
According to the Telecommunication Services industry distribution chart, Iridium Communications ranks #162 out of 268 companies for Intrinsic Value: Projected FCF. This places Iridium Communications in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.94. Iridium Communications' value of $40.40 is 4197.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Telecommunication Services company?
The median Intrinsic Value: Projected FCF among Telecommunication Services companies is 0.94, based on 268 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iridium Communications's current Intrinsic Value: Projected FCF of $40.40 is 4197.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Iridium Communications and its competitors. For the Telecommunication Services industry, the median Intrinsic Value: Projected FCF is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iridium Communications's current Intrinsic Value: Projected FCF is $40.40. 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 (IRDM) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.81, compared to a current price of $47.10 — trading 28% above its estimated fair value. The current Intrinsic Value: Projected FCF is $40.40 and 4197.9% above the Telecommunication Services industry median of 0.94. Iridium Communications' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Iridium Communications (IRDM), the current Intrinsic Value: Projected FCF is $40.40 as of Aug. 25, 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 (IRDM) Overvalued in 2026?

Based on GuruFocus' analysis, Iridium Communications stock appears to be overvalued. The current stock price of $47.10 is trading 28% above its estimated GF Value™ of $36.81. GuruFocus considers Iridium Communications to be Modestly Overvalued.

Key valuation signals for IRDM:

  • Intrinsic Value: Projected FCF: $40.40
  • GF Value™: $36.81 vs. price of $47.10 (28% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 4197.9% above the Telecommunication Services median (#162 of 268)

No single metric tells the full story. See the IRDM 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.
79GF Score

Get the complete analysis for IRDM

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

$47.10
Price
$36.81
GF Value