AST SpaceMobile, Inc. (ASTS) vs Ericsson (ERIC)

AST SpaceMobile, Inc. and Ericsson are both Communication Equipment companies. Ericsson is the larger, with a market value of $32.6B against $17.3B — 1.9× the size. AST SpaceMobile, Inc. has negative trailing earnings, so its P/E is not meaningful; Ericsson trades at 13.6×. AST SpaceMobile, Inc. grew revenue faster over the last twelve months: 2,256.9% against 2.26%. Ericsson has the higher net margin (10.6% vs −536.7%) and the higher return on invested capital (25.1% vs −12.2%). Across the 19 metrics below, Ericsson leads on 15 and AST SpaceMobile, Inc. on 4.

Valuation

Metric ASTS ERIC Communication Equipment median
P/E n/m 13.55 33.49
P/S 105.26 1.44 1.81
P/B 5.06 3.11 1.96
Price to free cash flow n/m 11.36 22.91
EV/EBITDA n/m 7.49 11.76
EV/Sales 111.13 1.34 2.02
Earnings yield (5.27%) 7.38% (0.54%)
Free cash flow yield (14.31%) 8.81% 1.31%

Profitability

Metric ASTS ERIC Communication Equipment median
Gross margin 38.91% 46.99% 39.48%
Operating margin (519.47%) 14.52% 2.39%
Net margin (536.66%) 10.61% (0.80%)
Free cash flow margin (1,506.12%) 12.72% 1.39%
Return on equity (34.81%) 0.00% (1.91%)
Return on assets (16.00%) 8.76% (0.20%)
Return on invested capital (12.17%) 25.09% 0.72%

Growth

Metric ASTS ERIC Communication Equipment median
Revenue growth (TTM) 2,256.89% 2.26% 11.48%
EPS growth (last fiscal year) 30.93% 0.00% 30.93%
Revenue growth, 5-year CAGR 41.72% (0.92%) 4.92%
Net income growth, 5-year CAGR 0.00% 8.80% 0.00%

Health

Metric ASTS ERIC Communication Equipment median
Debt to equity 1.24 0.30 0.06
Current ratio 13.05 1.12 2.01
Net debt to EBITDA 0.51 (0.50) 0.90

Dividend

Metric ASTS ERIC Communication Equipment median
Dividend yield — 3.02% 1.04%
Payout ratio — 0.41 0.34

Size

Metric ASTS ERIC Communication Equipment median
Market cap 17.30b 32.61b 532.08m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack