EchoStar Corporation logo ECHO - EchoStar Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 1
BUY 1
HOLD 2
SELL 0
STRONG
SELL 0
| PRICE TARGET: $126.00 DETAILS
HIGH: $137.00
LOW: $115.00
MEDIAN: $126.00
CONSENSUS: $126.00
UPSIDE: 46.63%
Annual Quarterly
Metric 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue
Revenue 1,512.3 1,173.4 884.2 757.7 602.8 426.4 259.6 202.8 95.5 33.2
Cost of Revenue 1,246.2 979.0 739.1 623.7 485.5 345.2 203.9 159.7 74.6 27.7
Gross Profit 266.1 194.3 145.1 134.0 117.2 81.2 55.7 43.1 20.9 5.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 243.2 166.8 121.9 113.5 90.0 60.8 44.8 0 0 0
Other Expenses 0 0 0 0 8.3 6.9 5.0 38.1 18.2 5.9
Operating Expenses 243.2 166.8 121.9 113.5 98.3 67.7 49.8 38.1 18.2 5.9
Operating Income
Operating Income 22.9 27.5 23.2 20.5 18.9 13.5 5.9 4.9 2.7 (0.5)
Interest Expense 11.3 0.1 0.0 0.0 0.0 0.1 0.8 0.1 0.0 0
Interest Income 0.0 0 0 0.0 0.1 0.1 0.0 0.0 0.2 0.2
Profitability
EBITDA 46.9 41.3 33.4 29.2 27.0 20.1 10.4 8.1 4.8 0.2
EBIT 22.8 27.4 22.8 20.1 18.7 13.2 5.4 4.9 2.9 0
Income Before Tax 11.5 27.3 22.8 20.1 18.7 13.2 4.6 4.8 2.9 (0.3)
Income Tax Expense 3.7 10.5 8.6 7.8 6.6 4.8 (0.6) 1.9 1.2 (0.2)
Net Income 7.8 16.8 14.2 12.3 12.0 8.4 5.2 2.9 1.7 (0.2)
Per Share Data
EPS (Basic) 0.29 0.73 0.62 0.55 0.54 0.38 0.23 0.13 0.07 -0.01
EPS (Diluted) 0.28 0.71 0.61 0.54 0.53 0.38 0.22 0.12 0.07 -0.01
Shares Outstanding 27.1 23.0 22.9 22.4 22.3 22.1 22.8 22.8 23.4 26.6
Metric 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Current Assets
Cash & Cash Equivalents 56.5 32.5 52.5 41.8 47.0 43.2 47.8 1.9 1.6 8.9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0
Net Receivables 197.5 147.2 111.0 97.3 89.8 60.9 44.0 24.4 13.8 4.3
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 6.8 6.0 3.6 2.6 4.8 7.9 6.8 3.6 1.3 0.3
Total Current Assets 260.8 185.7 167.1 141.7 141.6 112.0 98.6 29.9 16.7 13.5
Non-Current Assets
Property, Plant & Equipment 27.3 21.3 15.5 13.5 10.8 9.6 8.2 7.3 4.6 1.4
Goodwill 308.5 77.9 51.7 51.1 41.5 32.6 18.7 2.3 1.9 0
Intangible Assets 147.5 30.9 10.6 13.0 6.3 7.0 4.5 2.2 2.9 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2.4 0.3 0.2 0.2 0.3 0.3 0.5 3.2 0.2 0.0
Total Non-Current Assets 485.7 130.4 78.1 77.7 58.9 49.6 34.0 16.0 10.9 3.6
Total Assets 746.5 316.0 245.1 219.5 200.5 161.5 132.7 45.9 27.6 17.0
Current Liabilities
Account Payables 106.3 90.2 71.1 64.0 59.9 40.1 27.0 16.5 9.2 4.8
Short-Term Debt 0 0 0 0.0 0.2 0.3 0.3 5.2 0.1 0
Deferred Revenue 0 0 0 0 0 0.1 0 0 0 0
Other Current Liabilities 31.1 37.0 8.3 7.0 11.4 7.9 5.7 4.9 2.9 0.8
Total Current Liabilities 137.4 127.2 79.4 71.0 71.5 48.4 33.0 26.7 12.1 5.6
Non-Current Liabilities
Long-Term Debt 196.7 0 0 0 7.6 0 5.5 0 0 0
Deferred Tax Liabilities 12.5 4.3 3.5 1.9 2.1 0.9 0 0 0 0
Other Non-Current Liabilities 4.7 2.6 3.0 5.6 0.0 7.2 0.4 20.2 18.9 17.6
Total Non-Current Liabilities 213.9 6.9 6.5 7.5 9.7 8.2 5.9 20.2 18.9 17.6
Total Liabilities 351.3 134.2 85.9 78.5 81.2 56.6 38.9 46.8 31.0 23.2
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings 77.0 69.2 52.4 38.2 25.9 13.8 5.4 1.0 (0.1) (0.8)
Accumulated Other Comprehensive Income (54.9) (43.3) (33.6) (25.5) (19.0) (13.1) (8.1) (4.2) (1.7) (0.8)
Total Stockholders' Equity 395.2 181.9 159.2 141.0 119.3 105.0 93.8 (0.9) (3.5) (6.2)
Total Liabilities & Equity 746.5 316.0 245.1 219.5 200.5 161.5 132.7 45.9 27.6 17.0
Debt Metrics
Total Debt 196.7 0 0 0.0 7.7 0.4 5.8 5.6 0.3 0
Net Debt 140.1 (32.5) (52.5) (41.8) (39.3) (42.8) (42.0) 3.7 (1.3) (8.9)
Metric 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Operating Activities
Net Income 7.8 16.8 14.2 12.3 12.0 8.4 5.2 2.9 1.7 (0.2)
Depreciation & Amortization 24.1 13.9 10.6 9.1 8.3 6.9 5.0 3.2 1.8 0.7
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 19.8 (5.6) (4.0) (2.6) (5.7) (5.7) (14.5) (6.9) (4.7) 1.8
Other Non-Cash Items 5.1 2.2 0.1 2.4 (0.2) (4.7) (1.0) 0 0 0
Operating Cash Flow 70.8 32.4 24.8 22.8 15.7 8.6 (5.6) 1.7 0.4 2.1
Investing Activities
Capital Expenditure (14.7) (15.2) (9.2) (8.9) (6.4) (6.2) (4.3) (4.7) (4.0) (1.5)
Acquisitions (390.4) (33.8) (2.0) (16.4) (5.0) (8.6) (7.2) (0.4) (4.8) 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (405.1) (48.9) (11.2) (25.3) (11.3) (14.8) (11.5) (5.1) (8.8) (1.5)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 (0.3) (6.2) 0 0 (9.6)
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 358.3 (3.4) (2.9) (2.7) (0.6) 1.6 63.0 3.7 1.1 6.9
Financing Cash Flow 358.3 (3.4) (2.9) (2.7) (0.6) 1.6 63.0 3.7 1.1 6.9
Cash Position
Net Change in Cash 24.0 (20.0) 10.7 (5.2) 3.8 (4.6) 45.9 0.3 (7.3) 7.4
Cash at Beginning 32.5 52.5 41.8 47.0 43.2 47.8 1.9 1.6 8.9 1.4
Cash at End 56.5 32.5 52.5 41.8 47.0 43.2 47.8 1.9 1.6 8.9
Free Cash Flow 56.1 17.2 15.6 13.9 9.4 2.4 (9.9) (3.0) (3.6) 0.6
Key Metrics 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Income Statement
Revenue 1,512.3 1,173.4 884.2 757.7 602.8 426.4 259.6 202.8 95.5 33.2
Gross Profit 266.1 194.3 145.1 134.0 117.2 81.2 55.7 43.1 20.9 5.5
Operating Income 22.9 27.5 23.2 20.5 18.9 13.5 5.9 4.9 2.7 (0.5)
Net Income 7.8 16.8 14.2 12.3 12.0 8.4 5.2 2.9 1.7 (0.2)
EPS (Diluted) 0.28 0.71 0.61 0.54 0.53 0.38 0.22 0.12 0.07 -0.01
Balance Sheet
Cash & Equivalents 56.5 32.5 52.5 41.8 47.0 43.2 47.8 1.9 1.6 8.9
Total Assets 746.5 316.0 245.1 219.5 200.5 161.5 132.7 45.9 27.6 17.0
Total Debt 196.7 0 0 0.0 7.7 0.4 5.8 5.6 0.3 0
Stockholders' Equity 395.2 181.9 159.2 141.0 119.3 105.0 93.8 (0.9) (3.5) (6.2)
Cash Flow
Operating Cash Flow 70.8 32.4 24.8 22.8 15.7 8.6 (5.6) 1.7 0.4 2.1
Capital Expenditure (14.7) (15.2) (9.2) (8.9) (6.4) (6.2) (4.3) (4.7) (4.0) (1.5)
Free Cash Flow 56.1 17.2 15.6 13.9 9.4 2.4 (9.9) (3.0) (3.6) 0.6