Ast Spacemobile, Inc.
$16.26B- Market cap
- $18.38B
- Debt
- +$2.22B
- Cash
- −$4.34B
Capital structure 89% equity / 11% debt · EV / Revenue 229.27x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: ASTS stock price at premium vs EVH $62.31 current versus $0.07 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at EVH's multiple
Implied fair value · at ASTS's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ASTS FY 2025 (ended Dec 31, 2025) · EVH FY 2025 (ended Dec 31, 2025).
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 89% equity / 11% debt · EV / Revenue 229.27x
Capital structure 33% equity / 67% debt · EV / Revenue 0.70x
ASTS carries the larger enterprise value at $16.26B against $1.31B; EVH trades on the lower EV / Revenue multiple (0.70x vs 229.27x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
AST SPACEMOBILE, INC. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Evolent Health, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.93x
2.34x
Net debt / EBITDA
Leverage against operating earnings
6.49x
-2.11x
Cash and equivalents
Liquid reserves on the balance sheet
$4.34B
$151.86M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Iridium Communications Inc.
ASTS vs IRDM
VIASAT INC
ASTS vs VSAT
Globalstar, Inc.
ASTS vs GSAT
Rocket Lab USA, Inc.
ASTS vs RKLB
Cigna Group
ASTS vs CI
MOLINA HEALTHCARE, INC.
ASTS vs MOH
Teladoc Health, Inc.
ASTS vs TDOC
CLOVER HEALTH INVESTMENTS, CORP. /DE
ASTS vs CLOV
UNITEDHEALTH GROUP INC
ASTS vs UNH
$2.22B
$970.54M
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.