AST SpaceMobile, Inc. (ASTS) Valuation — DCF, Graham & Comparables

AST SpaceMobile, Inc. (ASTS) — Price $40.97 (closing price, October 30, 2026) — Communication Services — Telecommunications Services — NASDAQ

Latest reported results:

Valuation dashboard for AST SpaceMobile, Inc. (ASTS) with P/E N/A, P/B 6.47, EV/EBITDA -25.7 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Communication Services companies.

AST SpaceMobile, Inc. establishes and operates a satellite-based cellular broadband network designed to connect directly with standard mobile phones. Through its SpaceMobile service, it delivers mobile internet access to individuals in remote or unserved locations that lack traditional terrestrial mobile coverage, whether on land, across oceans, or during air travel. The company is situated in Midland, Texas.

Analysis Summary

AST SpaceMobile, Inc. reported revenue of $70.9M in the most recent fiscal year, growing at a 5-year CAGR of 64.1%.

Trailing-twelve-month margins: gross margin -14.0%, operating margin -5.2%, net margin -5.4%.

At $40.97 (closing price, October 30, 2026), ASTS has negative trailing earnings (P/E not meaningful) and an ROE of -35.08%. Market capitalisation stands at $16.7B, placing it among large-cap names.

Balance sheet quality for ASTS: debt-to-equity ratio of 1.58, current ratio of 13.05 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book6.47
EV / EBITDA-25.7
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ASTSAST SpaceMobile, Inc.$16.7B6.47-35.1%
VSATViasat, Inc.$10.6B2.26-0.6%
RKLBRocket Lab USA, Inc.$32.8B9.87-7.6%
GSATGlobalstar, Inc.$10.7B36.32-17.6%
IRDMIridium Communications Inc.$4.8B29.748.3632.9%
RDWRedwire Corp$2.1B1.13-20.8%
SPCXSpace Exploration Technologies Corp.$1.9T9.10-2.9%
ECHOEchoStar Corporation$15.4B1.98-69.7%

Price

Price$40.97 (closing price, October 30, 2026)
Market Cap$16.7B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity-35.08%
Return on Invested Capital-10.55%
Return on Assets-10.57%
Gross Margin-13.99%
Operating Margin-519.47%
Net Margin-536.66%

Related companies: VSAT · RKLB · GSAT · IRDM · RDW · SPCX · ECHO

Explore sector: Communication Services · Telecommunications Services

More sections of ASTS: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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