AST SpaceMobile, Inc. (ASTS) Stock Analysis
AST SpaceMobile, Inc. (ASTS) Stock Analysis
Analysis from 10-Q filed 2025-11-10. Data as of Q4 2025.
Overall Grade: F (Concerning)
AST SpaceMobile, Inc. faces challenges in financial performance that warrant careful analysis.
| Metric | Value | Context |
|---|---|---|
| ROIC | -16.2% | Below expectations |
| FCF Margin | -1797.7% | Cash flow pressure |
Investment Thesis: Financial metrics indicate concerning business quality with areas requiring attention.
Explore AST SpaceMobile, Inc.: Earnings History | Filing Intelligence | ROIC Analysis
Profitability: AST SpaceMobile, Inc. earns -16.2% ROIC, Top 5% in Communication Services
AST SpaceMobile, Inc.'s trailing-twelve-month ROIC of -16.2% ranks Top 5% in Communication Services companies (sector median: 1.8%), driven by NOPAT margin of -471.4% combined with asset turnover of 0.0x. Source: 10-Q filed 2025-11-10.
| Metric | ASTS | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -16.2% | Red flag | Below sector median of 1.8% |
| Operating Margin | -467.4% | Warning | Moderate operational efficiency |
Cash Flow: AST SpaceMobile, Inc. generates $-1.1B FCF at -1797.7% margin, positive NaN/8 quarters
AST SpaceMobile, Inc. generated $-1.1B in free cash flow (TTM), a -1797.7% FCF margin. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-11-10.
| Metric | ASTS | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | -1797.7% | Red flag | Thin cash margins |
| Free Cash Flow (TTM) | $-1.1B | Red flag | Cash burn |
| OCF/Net Income | 0.2x | Warning | Potential accrual concerns |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet Analysis for AST SpaceMobile, Inc.
Net cash position of $2.6B provides financial flexibility. Source: 10-Q filed 2025-11-10.
| Metric | ASTS | Rating | Context |
|---|---|---|---|
| Net Cash Position | $2.6B | Excellent | Net cash positive |
Valuation: AST SpaceMobile, Inc. trades at -55.4x earnings
AST SpaceMobile, Inc. trades at a P/E of -55.4x. Free cash flow yield of -6.1% reflects market expectations for growth.
| Metric | ASTS | Rating | Context |
|---|---|---|---|
| P/E Ratio | -55.4x | Red flag | Reasonable valuation |
| EV/Sales | 270.6x | Warning | Growth premium priced in |
| FCF Yield | -6.1% | Warning | Lower cash yield |
Capital Allocation: AST SpaceMobile, Inc. returns 0.0% shareholder yield
AST SpaceMobile, Inc.'s total shareholder yield is 0.0% (dividends + buybacks). Source: 10-Q filed 2025-11-10.
| Metric | ASTS | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 0.0% | Warning | Dividend + buyback yield combined |
| Total Capital Returned (TTM) | $0 | Adequate | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -16.2% | Top 5% | -9.0x below |
| Free Cash Flow Margin | -1797.7% | Bottom 10% | -332.1x below |
| Operating Margin | -467.4% | Top 5% | -119.7x below |
Financial Scorecard
| Metric | ASTS | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -16.2% | Red flag | Top 5% of sector (median: 1.8%) |
| Free Cash Flow Margin | -18.0x | Red flag | Thin cash margins |
| Free Cash Flow Yield | -6.1% | Red flag | Growth-focused valuation |
Frequently Asked Questions
Q: What is AST SpaceMobile, Inc.'s Return on Invested Capital (ROIC)?
AST SpaceMobile, Inc. (ASTS) has a trailing twelve-month Return on Invested Capital (ROIC) of -16.2%. This compares below the sector median of 1.8%. An ROIC below 8% suggests the company may be destroying shareholder value.
Q: What is AST SpaceMobile, Inc.'s Free Cash Flow Margin?
AST SpaceMobile, Inc. (ASTS) has a free cash flow margin of -1797.7%, generating $-1.1 billion in free cash flow over the trailing twelve months. Negative free cash flow means the company is consuming cash, which may require financing.
Q: Is AST SpaceMobile, Inc. stock overvalued or undervalued?
AST SpaceMobile, Inc. (ASTS) trades at a P/E ratio of -55.4x, which is above the sector median of N/A. The EV/Sales multiple is 270.6x.
Q: What is AST SpaceMobile, Inc.'s revenue and earnings growth?
AST SpaceMobile, Inc. (ASTS) grew revenue by 1336.5% year-over-year. Earnings per share increased by 28.0% compared to the prior year. Double-digit revenue growth indicates strong demand and market share gains.
Q: How does AST SpaceMobile, Inc. compare to competitors in Communication Services?
Compared to other companies in Communication Services, AST SpaceMobile, Inc. (ASTS) shows: ROIC of -16.2% is below the sector median of 1.8% (Top -566%). FCF margin of -1797.7% trails the sector median of 5.4%. These rankings are based on MetricDuck's analysis of all Communication Services companies with available SEC filings.
Q: What warning signs should I watch for with AST SpaceMobile, Inc.?
Investors in AST SpaceMobile, Inc. (ASTS) should monitor these potential warning signs: 1) FCF margin is thin at -1797.7%, leaving limited buffer for economic downturns. Regular monitoring of SEC filings and quarterly trends is recommended.
Data Source: Data sourced from 10-Q filed 2025-11-10. TTM metrics as of Q4 2025.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.