Viasat, Inc. Logo

Viasat, Inc.

VSAT

(1.2)
Stock Price

11,56 USD

-8.72% ROA

-19.93% ROE

-1.36x PER

Market Cap.

1.394.068.890,00 USD

144.28% DER

0% Yield

-21.89% NPM

Viasat, Inc. Stock Analysis

Viasat, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Viasat, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.31x), the stock offers substantial upside potential at a bargain price.

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

4 ROE

Negative ROE (-6.77%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-1.84%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 DER

The company has a high debt to equity ratio (130%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-5.051) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Viasat, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Viasat, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Viasat, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Viasat, Inc. Revenue
Year Revenue Growth
1995 29.000.000
1996 47.700.000 39.2%
1997 64.200.000 25.7%
1998 71.500.000 10.21%
1999 75.880.000 5.77%
2000 164.352.000 53.83%
2001 195.628.000 15.99%
2002 185.022.000 -5.73%
2003 278.579.000 33.58%
2004 345.939.000 19.47%
2005 433.823.000 20.26%
2006 516.566.000 16.02%
2007 574.650.000 10.11%
2008 628.179.000 8.52%
2009 688.080.000 8.71%
2010 802.206.000 14.23%
2011 863.627.000 7.11%
2012 1.119.690.000 22.87%
2013 1.351.462.000 17.15%
2014 1.382.535.000 2.25%
2015 1.417.431.000 2.46%
2016 1.559.337.000 9.1%
2017 1.594.625.000 2.21%
2018 2.068.258.000 22.9%
2019 2.309.238.000 10.44%
2020 2.256.107.000 -2.35%
2021 2.787.635.000 19.07%
2022 2.556.158.000 -9.06%
2023 4.901.660.000 47.85%
2023 4.283.758.000 -14.42%
2024 4.505.840.000 4.93%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Viasat, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 5.100.000 100%
1997 7.600.000 32.89%
1998 7.600.000 0%
1999 7.590.000 -0.13%
2000 6.173.000 -22.95%
2001 9.415.000 34.43%
2002 16.048.000 41.33%
2003 9.960.000 -61.12%
2004 8.082.000 -23.24%
2005 15.757.000 48.71%
2006 21.631.000 27.16%
2007 32.273.000 32.97%
2008 29.622.000 -8.95%
2009 27.325.000 -8.41%
2010 28.711.000 4.83%
2011 24.992.000 -14.88%
2012 35.448.000 29.5%
2013 60.736.000 41.64%
2014 46.670.000 -30.14%
2015 77.184.000 39.53%
2016 129.647.000 40.47%
2017 168.347.000 22.99%
2018 123.044.000 -36.82%
2019 130.434.000 5.67%
2020 115.792.000 -12.65%
2021 153.203.000 24.42%
2022 128.923.000 -18.83%
2023 133.716.000 3.58%
2023 150.653.000 11.24%
2024 154.252.000 2.33%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Viasat, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 219.059.000 100%
2013 262.633.000 16.59%
2014 253.841.000 -3.46%
2015 286.145.000 11.29%
2016 328.668.000 12.94%
2017 371.020.000 11.42%
2018 420.658.000 11.8%
2019 497.285.000 15.41%
2020 500.316.000 0.61%
2021 634.151.000 21.1%
2022 695.826.000 8.86%
2023 0 0%
2023 1.867.250.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Viasat, Inc. EBITDA
Year EBITDA Growth
1995 2.800.000
1996 5.700.000 50.88%
1997 9.200.000 38.04%
1998 11.700.000 21.37%
1999 14.756.000 20.71%
2000 39.261.000 62.42%
2001 21.247.000 -84.78%
2002 747.000 -2744.31%
2003 36.380.000 97.95%
2004 40.449.000 10.06%
2005 50.826.000 20.42%
2006 62.300.000 18.42%
2007 70.971.000 12.22%
2008 74.360.000 4.56%
2009 52.504.000 -41.63%
2010 58.662.000 10.5%
2011 20.926.000 -180.33%
2012 21.723.000 3.67%
2013 17.913.000 -21.27%
2014 101.110.000 82.28%
2015 57.557.000 -75.67%
2016 47.247.000 -21.82%
2017 -69.739.000 167.75%
2018 -50.965.000 -36.84%
2019 46.032.000 210.72%
2020 63.715.000 27.75%
2021 41.177.000 -54.73%
2022 -126.145.000 132.64%
2023 -2.893.172.000 95.64%
2023 267.718.000 1180.68%
2024 1.563.756.000 82.88%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Viasat, Inc. Gross Profit
Year Gross Profit Growth
1995 9.000.000
1996 16.000.000 43.75%
1997 25.500.000 37.25%
1998 30.200.000 15.56%
1999 33.615.000 10.16%
2000 60.517.000 44.45%
2001 59.061.000 -2.47%
2002 43.814.000 -34.8%
2003 72.252.000 39.36%
2004 83.679.000 13.66%
2005 108.552.000 22.91%
2006 136.474.000 20.46%
2007 161.130.000 15.3%
2008 181.355.000 11.15%
2009 212.724.000 14.75%
2010 251.638.000 15.46%
2011 227.646.000 -10.54%
2012 271.529.000 16.16%
2013 360.182.000 24.61%
2014 418.621.000 13.96%
2015 433.086.000 3.34%
2016 510.362.000 15.14%
2017 473.811.000 -7.71%
2018 530.537.000 10.69%
2019 699.551.000 24.16%
2020 691.823.000 -1.12%
2021 847.513.000 18.37%
2022 721.404.000 -17.48%
2023 1.836.500.000 60.72%
2023 1.154.497.000 -59.07%
2024 1.397.680.000 17.4%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Viasat, Inc. Net Profit
Year Net Profit Growth
1995 1.600.000
1996 3.200.000 50%
1997 5.300.000 39.62%
1998 6.300.000 15.87%
1999 7.906.000 20.31%
2000 10.265.000 22.98%
2001 2.157.000 -375.89%
2002 -9.632.000 122.39%
2003 13.168.000 173.15%
2004 19.267.000 31.66%
2005 23.515.000 18.07%
2006 30.166.000 22.05%
2007 33.513.000 9.99%
2008 38.331.000 12.57%
2009 31.136.000 -23.11%
2010 36.115.000 13.79%
2011 7.496.000 -381.79%
2012 -41.172.000 118.21%
2013 -9.446.000 -335.87%
2014 40.363.000 123.4%
2015 21.741.000 -85.65%
2016 23.767.000 8.52%
2017 -67.305.000 135.31%
2018 -67.623.000 0.47%
2019 9.343.000 823.78%
2020 16.545.000 43.53%
2021 -2.202.000 851.36%
2022 -211.573.000 98.96%
2023 -3.068.952.000 93.11%
2023 -1.057.904.000 -190.1%
2024 -131.648.000 -703.59%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Viasat, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 100%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 0 0%
2012 -1 0%
2013 0 0%
2014 1 0%
2015 0 0%
2016 0 0%
2017 -1 100%
2018 -1 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 -3 100%
2023 -25 91.67%
2023 -9 -166.67%
2024 -1 -800%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Viasat, Inc. Free Cashflow
Year Free Cashflow Growth
1995 -1.400.000
1996 -4.900.000 71.43%
1997 -4.200.000 -16.67%
1998 10.900.000 138.53%
1999 -1.177.000 1026.08%
2000 -18.441.000 93.62%
2001 -25.988.000 29.04%
2002 3.121.000 932.68%
2003 20.065.000 84.45%
2004 -7.696.000 360.72%
2005 28.431.000 127.07%
2006 51.289.000 44.57%
2007 22.956.000 -123.42%
2008 -63.280.000 136.28%
2009 -35.793.000 -76.79%
2010 -54.654.000 34.51%
2011 -87.573.000 37.59%
2012 -109.767.000 20.22%
2013 -146.946.000 25.3%
2014 -69.662.000 -110.94%
2015 -153.688.000 54.67%
2016 -174.360.000 11.86%
2017 -225.854.000 22.8%
2018 -359.269.000 37.14%
2019 -324.142.000 -10.84%
2020 -158.056.000 -105.08%
2021 -484.669.000 67.39%
2022 -796.456.000 39.15%
2023 0 0%
2023 -851.189.000 100%
2024 -149.923.000 -467.75%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Viasat, Inc. Operating Cashflow
Year Operating Cashflow Growth
1995 500.000
1996 -1.200.000 141.67%
1997 -100.000 -1100%
1998 13.400.000 100.75%
1999 3.649.000 -267.22%
2000 -10.973.000 133.25%
2001 -10.371.000 -5.8%
2002 15.363.000 167.51%
2003 28.597.000 46.28%
2004 3.583.000 -698.13%
2005 52.165.000 93.13%
2006 66.741.000 21.84%
2007 48.303.000 -38.17%
2008 61.942.000 22.02%
2009 112.546.000 44.96%
2010 169.617.000 33.65%
2011 141.449.000 -19.91%
2012 91.798.000 -54.09%
2013 205.140.000 55.25%
2014 349.516.000 41.31%
2015 296.937.000 -17.71%
2016 411.298.000 27.8%
2017 358.633.000 -14.68%
2018 327.551.000 -9.49%
2019 436.936.000 25.03%
2020 727.215.000 39.92%
2021 505.641.000 -43.82%
2022 367.861.000 -37.45%
2023 0 0%
2023 688.196.000 100%
2024 151.096.000 -355.47%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Viasat, Inc. Capital Expenditure
Year Capital Expenditure Growth
1995 1.900.000
1996 3.700.000 48.65%
1997 4.100.000 9.76%
1998 2.500.000 -64%
1999 4.826.000 48.2%
2000 7.468.000 35.38%
2001 15.617.000 52.18%
2002 12.242.000 -27.57%
2003 8.532.000 -43.48%
2004 11.279.000 24.35%
2005 23.734.000 52.48%
2006 15.452.000 -53.6%
2007 25.347.000 39.04%
2008 125.222.000 79.76%
2009 148.339.000 15.58%
2010 224.271.000 33.86%
2011 229.022.000 2.07%
2012 201.565.000 -13.62%
2013 352.086.000 42.75%
2014 419.178.000 16.01%
2015 450.625.000 6.98%
2016 585.658.000 23.06%
2017 584.487.000 -0.2%
2018 686.820.000 14.9%
2019 761.078.000 9.76%
2020 885.271.000 14.03%
2021 990.310.000 10.61%
2022 1.164.317.000 14.94%
2023 0 0%
2023 1.539.385.000 100%
2024 301.019.000 -411.39%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Viasat, Inc. Equity
Year Equity Growth
1995 5.200.000
1996 23.600.000 77.97%
1997 29.600.000 20.27%
1998 36.800.000 19.57%
1999 45.997.000 19.99%
2000 133.158.000 65.46%
2001 192.353.000 30.77%
2002 184.339.000 -4.35%
2003 203.053.000 9.22%
2004 226.981.000 10.54%
2005 264.134.000 14.07%
2006 349.918.000 24.52%
2007 406.429.000 13.9%
2008 462.790.000 12.18%
2009 756.750.000 38.85%
2010 844.241.000 10.36%
2011 892.193.000 5.37%
2012 907.835.000 1.72%
2013 946.635.000 4.1%
2014 1.043.733.000 9.3%
2015 1.134.424.000 7.99%
2016 1.737.931.000 34.73%
2017 1.848.007.000 5.96%
2018 1.916.078.000 3.55%
2019 2.050.142.000 6.54%
2020 2.387.234.000 14.12%
2021 2.682.594.000 11.01%
2022 3.860.569.000 30.51%
2023 5.227.703.000 26.15%
2023 5.072.504.000 -3.06%
2024 5.087.653.000 0.3%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Viasat, Inc. Assets
Year Assets Growth
1995 13.300.000
1996 35.700.000 62.75%
1997 42.800.000 16.59%
1998 50.000.000 14.4%
1999 61.930.000 19.26%
2000 169.378.000 63.44%
2001 238.667.000 29.03%
2002 237.155.000 -0.64%
2003 272.682.000 13.03%
2004 301.825.000 9.66%
2005 365.069.000 17.32%
2006 483.939.000 24.56%
2007 551.094.000 12.19%
2008 622.942.000 11.53%
2009 1.293.552.000 51.84%
2010 1.405.748.000 7.98%
2011 1.727.153.000 18.61%
2012 1.794.072.000 3.73%
2013 1.960.115.000 8.47%
2014 2.158.378.000 9.19%
2015 2.405.846.000 10.29%
2016 2.954.653.000 18.57%
2017 3.414.109.000 13.46%
2018 3.915.287.000 12.8%
2019 4.883.868.000 19.83%
2020 5.349.467.000 8.7%
2021 6.389.346.000 16.28%
2022 7.730.337.000 17.35%
2023 17.072.044.000 54.72%
2023 16.329.364.000 -4.55%
2024 16.087.869.000 -1.5%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Viasat, Inc. Liabilities
Year Liabilities Growth
1995 8.100.000
1996 12.100.000 33.06%
1997 13.200.000 8.33%
1998 13.200.000 0%
1999 15.933.000 17.15%
2000 36.220.000 56.01%
2001 46.314.000 21.79%
2002 52.816.000 12.31%
2003 69.629.000 24.15%
2004 74.844.000 6.97%
2005 100.935.000 25.85%
2006 134.021.000 24.69%
2007 144.665.000 7.36%
2008 160.152.000 9.67%
2009 536.802.000 70.17%
2010 561.507.000 4.4%
2011 834.960.000 32.75%
2012 886.237.000 5.79%
2013 1.013.480.000 12.56%
2014 1.114.645.000 9.08%
2015 1.271.422.000 12.33%
2016 1.216.722.000 -4.5%
2017 1.566.102.000 22.31%
2018 1.999.209.000 21.66%
2019 2.833.726.000 29.45%
2020 2.962.233.000 4.34%
2021 3.706.752.000 20.09%
2022 3.869.768.000 4.21%
2023 11.844.341.000 67.33%
2023 11.256.860.000 -5.22%
2024 11.000.216.000 -2.33%

Viasat, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
36.58
Net Income per Share
-8.01
Price to Earning Ratio
-1.36x
Price To Sales Ratio
0.3x
POCF Ratio
1.88
PFCF Ratio
-1.91
Price to Book Ratio
0.27
EV to Sales
1.56
EV Over EBITDA
24.51
EV to Operating CashFlow
9.8
EV to FreeCashFlow
-9.88
Earnings Yield
-0.73
FreeCashFlow Yield
-0.52
Market Cap
1,39 Bil.
Enterprise Value
7,21 Bil.
Graham Number
84.62
Graham NetNet
-66.09

Income Statement Metrics

Net Income per Share
-8.01
Income Quality
-0.73
ROE
-0.2
Return On Assets
-0.06
Return On Capital Employed
-0.05
Net Income per EBT
0.89
EBT Per Ebit
1.44
Ebit per Revenue
-0.17
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.32
Operating Profit Margin
-0.17
Pretax Profit Margin
-0.25
Net Profit Margin
-0.22

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
5.81
Free CashFlow per Share
-5.77
Capex to Operating CashFlow
1.99
Capex to Revenue
0.32
Capex to Depreciation
1.12
Return on Invested Capital
-0.06
Return on Tangible Assets
-0.09
Days Sales Outstanding
69.12
Days Payables Outstanding
26.66
Days of Inventory on Hand
38.09
Receivables Turnover
5.28
Payables Turnover
13.69
Inventory Turnover
9.58
Capex per Share
11.58

Balance Sheet

Cash per Share
14,31
Book Value per Share
40,19
Tangible Book Value per Share
4.98
Shareholders Equity per Share
39.73
Interest Debt per Share
59.52
Debt to Equity
1.44
Debt to Assets
0.45
Net Debt to EBITDA
19.77
Current Ratio
3.08
Tangible Asset Value
0,63 Bil.
Net Current Asset Value
-7,67 Bil.
Invested Capital
14616466000
Working Capital
2,25 Bil.
Intangibles to Total Assets
0.28
Average Receivables
0,91 Bil.
Average Payables
0,26 Bil.
Average Inventory
323853500
Debt to Market Cap
5.21

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Viasat, Inc. Dividends
Year Dividends Growth

Viasat, Inc. Profile

About Viasat, Inc.

Viasat, Inc. provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband internet access and voice over internet protocol services to consumers and businesses; in-flight entertainment and aviation software services to commercial airlines; community internet services; mobile broadband services, including satellite-based internet services to energy offshore vessels, cruise ships, consumer ferries, and yachts; and energy services, which include ultra-secure solutions IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics. Its Commercial Networks segment offers fixed broadband satellite communication systems comprising satellite network infrastructure and ground terminals; mobile broadband satellite communication systems; antenna systems for terrestrial and satellite applications, such as earth imaging, remote sensing, mobile satellite communication, Ka-band earth stations, and other multi-band antennas; design and technology services comprising analysis, design, and development of satellites and ground systems; application specific integrated circuit and monolithic microwave integrated circuit chips; and network function virtualization, as well as space system design and development products and services include architectures for GEO, MEO, LEO satellites, and other satellite platforms. The company was incorporated in 1986 and is headquartered in Carlsbad, California.

CEO
Mr. Mark D. Dankberg
Employee
7.500
Address
6155 El Camino Real
Carlsbad, 92009-1699

Viasat, Inc. Executives & BODs

Viasat, Inc. Executives & BODs
# Name Age
1 Ms. Lisa Curran
Vice President of Investor Relations
70
2 Ms. Shawn Lynn Duffy
Chief Accounting Officer
70
3 Mr. Garrett L. Chase
Chief Financial Officer
70
4 Mr. Girish Chandran
Corporate Chief Technical Officer
70
5 Dr. Krishna S. Nathan
Chief Information Officer
70
6 Mr. Kumara Guru Gowrappan
President
70
7 Mr. Kevin J. Harkenrider
Executive Vice President, Chief Operating Officer & Chief Corporate Officer
70
8 Mr. Mark J. Miller
Co-Founder, Executive Vice President & Chief Technical Officer
70
9 Mr. Mark D. Dankberg
Co-Founder, Chairman & Chief Executive Officer
70
10 Mr. Craig Andrew Miller
President of Global Space Networks
70

Viasat, Inc. Competitors