The Screen · Communication Services · Telecom Services
EchoStar
SATS · a US exchange · USD · Market cap $30.1B · 12,100 employees
EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East.
FAIL · Does not pass the screen
103.92 USD
At the last full screen 2026-08-21
Screened 2026-08-21 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its accumulation label.
EchoStar holds its Accumulation at $103.92. Consolidating, no directional conviction, held for 164 days.
As held on the ledger · 2026-08-21
Phase
Accumulation
Quantitative state
Consolidating, no directional conviction, held for 164 days
Price at the screen
$103.92
Valuation
N/A trailing · -911.54 forward price to earnings
Values screen
FAIL· score 10.0
Beta
0.96
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
70.01%
Below 33%
Interest-bearing debt is 70.0% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.45%
Below 33%
Cash held in interest-bearing accounts and securities is 0.5% of assets, under the one-third limit.
Pass
Receivables
7.34%
Below 49%
Money owed to the company is 7.3% of assets, under the 49% limit.
Pass
Revenue purity
1.52%
Below 5%
Only 1.5% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads AVOID: it trades at roughly a 26% discount to our $131.00 fair value, weak competitive moat.
Fair value range in USD, drawn from the 2026-08-21 screen. The gold marker is the market price at the same screen. A 26.1% margin of safety to the base estimate.
Third-party analyst targets: 5 covering, consensus Buy. The average target sits +26% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-08-21 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Satellite TV dreams collide with brutal losses
Picture your monthly TV bill funding a global satellite network that still cannot turn a profit. EchoStar delivers pay TV across the Americas and beyond yet posts revenue shrinking five percent, margins at minus ninety eight percent and return on equity of minus one hundred twelve percent.
We pass. The forward price to earnings sits at minus nine hundred eleven times, the moat is weak and the ethical screen flags excessive debt. Analyst targets may sit above the current price but none of that offsets the fundamental picture.
High leverage and persistent losses leave little room for error if competition or currency moves intensify. The business model depends on capital heavy infrastructure that shows no sign of paying off.
The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
SATS trades on a US exchange. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-12Accumulation$103.92+0.0%Entry 5
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 29% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 588%. Our forward projection puts the odds of a 10% gain over the next month near 48%. The street (5 analysts) rates it buy, with a mean price target of $138.
2026-08-12Accumulation$103.92-10.6%Entry 4
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 10.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 29% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 588%. Our forward projection puts the odds of a 10% gain over the next month near 48%. The street (5 analysts) rates it buy, with a mean price target of $138.
2026-07-18Accumulation$116.28+0.0%Entry 3
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 29% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 588%. Our forward projection puts the odds of a 10% gain over the next month near 48%. The street (5 analysts) rates it buy, with a mean price target of $138.
2026-07-03Accumulation$116.28+0.0%Entry 2
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Accumulation$116.28Entry 1
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
