Iridium Competitors

Stocks . Germany . 
Stock . Iridium Communications
6IC Stock  EUR 27.85  0.10  0.36%   
Iridium Communications competes with ATT, Deutsche Telekom, Superior Plus, NMI Holdings, and Origin Agritech; as well as few others. The company classifies itself under Communication Services sector and is part of Telecom Services industry. Analyzing Iridium Communications competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Iridium Communications to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Iridium Communications Correlation with its peers.
For more detail on how to invest in Iridium Stock please use our How to Invest in Iridium Communications guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Iridium Communications competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
24.9628.2531.54
Details
Intrinsic
Valuation
LowRealHigh
24.6927.9831.27
Details

Iridium Communications Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Iridium Communications and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Iridium and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Iridium Communications does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
DTE
+ 0.92
SOBA
INVN
+ 0.87
DTE
INVN
+ 0.85
SOBA
2DG
+ 0.77
8SP
6NM
+ 0.58
8SP
39O1
+ 0.47
6NM
  
High negative correlations   
2DG
- 0.94
SOBA
2DG
- 0.89
DTE
INVN
- 0.86
2DG
8SP
- 0.83
DTE
8SP
- 0.79
SOBA
INVN
- 0.77
8SP

Risk-Adjusted Indicators

There is a big difference between Iridium Stock performing well and Iridium Communications Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Iridium Communications' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Iridium Communications Competitive Analysis

The better you understand Iridium Communications competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Iridium Communications' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Iridium Communications' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
6IC SOBA DTE 8SP 6NM 39O1 2DG TM9 TLX INVN
 0.36 
 27.85 
Iridium
 0.27 
 21.96 
ATT
 0.50 
 30.28 
Deutsche
 1.43 
 4.26 
Superior
 0.53 
 37.80 
NMI
 5.47 
 2.42 
Origin
 22.22 
 0.22 
SIVERS
 0.35 
 2.85 
NorAm
 0.06 
 79.35 
Talanx
 3.72 
 3.62 
Identiv
Market Volatility
(90 Days Market Risk)
Not too volatile
Very steady
Very steady
Relatively risky
Very steady
Very risky
Out of control
Very risky
Very steady
Relatively risky
Market Performance
(90 Days Performance)
OK
Solid
Solid
Very Weak
Weak
Insignificant
Very Weak
Very Weak
Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Low
Quite High
Low
Low
Quite High
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Hold
Strong Buy
Strong Sell
Hold
Strong Sell
Strong Sell
Strong Sell
Hold
Strong Sell
Current Ratio
1.13
N/A
N/A
1.33
0.77
N/A
3.67
3.69
1.31
1.31
Net Asset
2.95 B
402.85 B
298.59 B
4.48 B
2.52 B
135.96 M
N/A
N/A
197.52 B
96.66 M
Profit Margin
0.0121
-0.0706
0.0683
-0.0333
0.56
N/A
-0.89
19.03
0.0222
-0.0236
EBITDA
377.59 M
19.39 B
44.48 B
202.9 M
420.22 M
N/A
N/A
609.06 M
3.09 B
4.1 M
Operating Margin
0.11
0.24
0.12
0.0049
0.78
N/A
N/A
19.53
0.0571
-0.0216
Current Valuation
7.45 B
270.18 B
242.69 B
2.78 B
1.85 B
78.28 M
N/A
5.37 B
14 B
149.13 M
Price To Book
5.6
1.1
1.87
1.76
1.09
4.72
N/A
0.99
1.35
2.37
Five Year Return
N/A
N/A
N/A
5.75
N/A
N/A
N/A
N/A
4.28
N/A
Beta
1.14
0.76
0.61
0.86
1.28
N/A
0.86
-0.26
0.94
1.55
Number Of Employees
658
160.7 K
206.76 K
28
242
11
130
5.8 K
24.06 K
329
Shares Outstanding
125.97 M
7.13 B
4.97 B
200.7 M
83.66 M
N/A
210.89 M
88.28 M
253.35 M
22.51 M
Cash Flow From Operations
344.73 M
32.02 B
35.8 B
248.7 M
313.39 M
N/A
N/A
469.32 M
10.05 B
1.23 M
Annual Yield
0.0087
0.0575
0.0334
0.0662
N/A
N/A
N/A
N/A
0.0447
N/A
Total Debt
1.47 B
128.42 B
129.34 B
1.91 B
396.05 M
N/A
N/A
3.1 B
7.19 B
17.93 M
Return On Equity
0.0072
-0.0474
0.11
-0.0634
0.18
N/A
-0.18
11.03
0.11
-0.0353
Z Score
3.0
N/A
N/A
N/A
2.4
N/A
N/A
0.6
0.6
5.8
Return On Asset
0.0156
0.0386
0.0313
0.0026
0.1
N/A
-0.11
3.0
0.0085
-0.0151
Book Value Per Share
8.96
13.68
9.77
5.52
19.32
N/A
0.24
41.02
32.56
3.29
Total Asset
2.95 B
402.85 B
298.59 B
4.48 B
2.52 B
135.96 M
N/A
N/A
197.52 B
96.66 M
Debt To Equity
123.6
N/A
N/A
163.2
19.0
N/A
0.088
85.3
31.9
51.4
Target Price
42.4
N/A
24.7
N/A
31.4
N/A
N/A
N/A
36.12
21.25
Last Dividend Paid
N/A
1.11
0.7
0.72
N/A
N/A
N/A
0.89
N/A
N/A
Shares Owned By Institutions
84.3
55.8
46.46
36.16
99.61
N/A
25.26
99.66
7.71
67.68
Market Capitalization
7.4 B
124.99 B
105.15 B
1.54 B
1.88 B
42.71 M
146.56 M
3.58 B
11.5 B
145.66 M
Price To Earning
15.1
N/A
N/A
30.24
11.65
N/A
N/A
9.37
12.92
N/A
Price To Earnings To Growth
N/A
4.6
0.97
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
8.75
0.81
0.8
0.46
3.05
5.11
N/A
1.77
0.23
1.36
Net Income
8.72 M
(6.87 B)
11.7 B
(112.5 M)
292.9 M
N/A
N/A
384.46 M
1.01 B
1.62 M
Earnings Per Share
0.06
-1.01
1.54
-0.4
3.27
N/A
-0.082
4.34
4.24
-0.17
Shares Owned By Insiders
10.04
0.14
18.34
0.35
1.28
N/A
31.21
0.34
78.82
4.27
Revenue
721.03 M
120.74 B
114.2 B
3.38 B
524.46 M
N/A
N/A
2.02 B
43.38 B
103.77 M
Cash And Equivalents
175.85 M
N/A
5.77 B
33.45 M
86.67 M
N/A
N/A
1.29 B
3.85 B
8.93 M
Cash Per Share
1.34
N/A
N/A
0.19
1.28
N/A
N/A
14.66
15.22
0.54
Gross Profit
519.88 M
69.89 B
45.95 B
1.15 B
411.45 M
N/A
116.46 M
1.15 B
5.11 B
37.07 M
Day Typical Price
27.85
21.95
30.19
4.24
37.8
2.42
0.22
2.85
79.35
3.62
Accumulation Distribution
N/A
42.66
44579.15
3.52
N/A
N/A
N/A
0.11
N/A
N/A
Market Facilitation Index
N/A
1.0E-4
N/A
2.0E-4
N/A
N/A
N/A
3.0E-4
N/A
N/A
Daily Balance Of Power
(9,223,372,036,855)
(0.24)
0.5769
1.0
(9,223,372,036,855)
(9,223,372,036,855)
9.2 T
(1.00)
9.2 T
9.2 T
Period Momentum Indicator
(0.10)
(0.06)
0.15
0.06
(0.20)
(0.14)
0.04
(0.01)
0.05
0.13
Rate Of Daily Change
1.0
1.0
1.0
1.01
0.99
0.95
1.22
1.0
1.0
1.04
Day Median Price
27.85
21.95
30.15
4.23
37.8
2.42
0.22
2.85
79.35
3.62
Price Action Indicator
(0.05)
(0.01)
0.21
0.06
(0.10)
(0.07)
0.02
N/A
0.025
0.065
Relative Strength Index
57.29
64.44
70.64
20.57
39.5
53.18
36.56
57.39
52.4
59.96
Coefficient Of Variation
929.67
356.01
362.26
(2,647)
1643.72
5621.86
(616.94)
(11,350)
7271.78
1046.94
Mean Deviation
2.31
0.961
0.656
2.07
1.25
3.53
4.16
2.82
0.9581
2.13
Jensen Alpha
0.2371
0.3658
0.228
(0.11)
0.0167
0.0569
(1.39)
0.013
(0.05)
0.1468
Total Risk Alpha
(0.15)
0.1538
0.1011
(0.64)
(0.17)
(0.64)
(2.30)
(0.81)
(0.19)
(0.17)
Sortino Ratio
0.0767
0.2002
0.1273
N/A
(0.01)
(0.01)
N/A
N/A
(0.09)
0.0551
Downside Variance
8.89
1.29
0.8754
N/A
4.88
14.63
N/A
N/A
1.35
7.39
Standard Deviation
3.29
1.26
0.8858
3.35
1.73
4.74
7.32
5.04
1.31
2.88
Kurtosis
6.71
0.2151
2.03
10.85
1.84
1.4
17.18
7.76
1.39
0.2752
Potential Upside
4.57
2.49
1.52
3.36
2.89
8.41
7.14
5.56
2.67
5.61
Treynor Ratio
0.3714
(1.73)
4.14
0.5898
0.14
0.4908
(0.70)
0.0932
0.0147
0.2585
Maximum Drawdown
22.12
6.02
4.3
20.22
9.64
24.06
52.42
36.5
7.58
14.01
Variance
10.83
1.58
0.7846
11.22
2.99
22.49
53.62
25.37
1.71
8.3
Market Risk Adjusted Performance
0.3814
(1.72)
4.15
0.5998
0.15
0.5008
(0.69)
0.1032
0.0247
0.2685
Risk Adjusted Performance
0.0901
0.2191
0.2129
(0.02)
0.0522
0.022
(0.12)
0.0017
0.0147
0.0805
Skewness
1.37
(0.01)
0.0594
(0.69)
(0.63)
0.9536
(2.52)
1.33
0.3408
0.2937
Semi Deviation
2.67
0.8488
0.6488
N/A
1.73
3.52
N/A
N/A
1.14
2.41
Information Ratio
0.0695
0.1811
0.1345
(0.08)
(0.01)
(0.01)
(0.18)
(0.03)
(0.08)
0.052
Value At Risk
(4.50)
(1.61)
(1.11)
(4.74)
(2.69)
(5.38)
(8.57)
(6.43)
(1.64)
(4.25)
Expected Short fall
(2.45)
(1.15)
(0.75)
N/A
(1.39)
(4.94)
N/A
N/A
(1.11)
(2.54)
Downside Deviation
2.98
1.14
0.9356
N/A
2.21
3.83
N/A
N/A
1.16
2.72
Semi Variance
7.14
0.7205
0.421
N/A
3.0
12.41
N/A
N/A
1.3
5.8

Iridium Communications Competition Performance Charts

Five steps to successful analysis of Iridium Communications Competition

Iridium Communications' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Iridium Communications in relation to its competition. Iridium Communications' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Iridium Communications in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Iridium Communications' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Iridium Communications, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Iridium Communications position

In addition to having Iridium Communications in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Monster Funds Thematic Idea Now

Monster Funds
Monster Funds Theme
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Monster Funds Theme or any other thematic opportunities.
View All  Next Launch

Additional Information and Resources on Investing in Iridium Stock

When determining whether Iridium Communications is a strong investment it is important to analyze Iridium Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iridium Communications' future performance. For an informed investment choice regarding Iridium Stock, refer to the following important reports:
How To Invest In Iridium
Details
Is Iridium Stock a good investment?
Details
What is Iridium Communications' Net Worth?
Details
Largest Diversified Telecommunication Services Companies
View
Largest Telecommunication Services Companies
View
Check out Iridium Communications Correlation with its peers.
For more detail on how to invest in Iridium Stock please use our How to Invest in Iridium Communications guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY