Comparing Globalstar (NYSE:GSAT) and Mynaric (NASDAQ:MYNA)

Risk and Volatility

Mynaric has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500. Comparatively, Globalstar has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500.

Profitability

This table compares Mynaric and Globalstar’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Mynaric N/A N/A N/A
Globalstar -14.91% -9.40% -3.91%

Earnings & Valuation

This table compares Mynaric and Globalstar”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Mynaric $5.39 million 4.30 -$101.22 million N/A N/A
Globalstar $241.58 million 17.25 -$24.72 million ($0.03) -73.33

Globalstar has higher revenue and earnings than Mynaric.

Institutional & Insider Ownership

4.1% of Mynaric shares are held by institutional investors. Comparatively, 18.9% of Globalstar shares are held by institutional investors. 5.4% of Mynaric shares are held by company insiders. Comparatively, 61.0% of Globalstar shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Globalstar beats Mynaric on 5 of the 9 factors compared between the two stocks.

About Mynaric

(Get Free Report)

Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications. It offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide wireless connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, and aircraft. Mynaric AG was incorporated in 2009 and is headquartered in Munich, Germany.

About Globalstar

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GLOBALSTAR INC offers satellite voice and data services to commercial and recreational users in more than 120 countries around the world. Globalstar’s products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.

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