Communications Services stocks: intrinsic value, ROIC & growth

19 U.S. communications services companies with at least three years of SEC filings, ranked by size. 7 of the 8 with a current price trade below their Graham intrinsic value. The median company earned a 3.2% average return on invested capital and grew revenue 9.1% a year.

Updated October 18, 2026

19companies
7below Graham value
3.2%median 10-yr ROIC
9.1%median revenue CAGR

Highest-ROIC communications services stocks

Ticker Company 10-yr ROIC Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
CCOI COGENT COMMUNICATIONS HOLDINGS, INC. 8.9% $8.07 $611.36 99% below $386.8M 8.9% 9.1%
IRDM Iridium Communications Inc. 3.2% $43.76 $11.36 285% above $4.7B 3.2% 48.6%

All communications services stocks

Ticker Company Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
SATS EchoStar — $69.75 — — -2.3% 26.5%
GSAT Globalstar, Inc. $82.38 — — $10.4B -8.7% 12.2%
ASTS AST SpaceMobile, Inc. $40.66 — — $10.4B -60.0% 64.1%
VSAT VIASAT INC $58.83 $422.38 86% below $7.9B -1.4% 12.9%
IRDM Iridium Communications Inc. $43.76 $11.36 285% above $4.7B 3.2% 48.6%
CALX CALIX, INC $36.50 — — $2.5B -4.3% 9.0%
KORE KORE Group Holdings, Inc. — — — — -14.5% 9.1%
CCOI COGENT COMMUNICATIONS HOLDINGS, INC. $8.07 $611.36 99% below $386.8M 8.9% 9.1%
SPIR Spire Global, Inc. $8.95 $49.49 82% below $286.0M 3.9% 20.2%
KVHI KVH INDUSTRIES INC DE $5.92 — — $114.8M -10.5% -5.0%
BZFD BuzzFeed, Inc. $1.00 $11.51 91% below $37.7M -22.5% -8.6%
ELWT Elauwit Connection, Inc. $5.55 — — $29.2M 491.8% 154.5%
HMMR HAMMER TECHNOLOGY HOLDINGS CORP. $0.09 $1.33 93% below $5.3M -28.2% 67.8%
FABC Fabric.AI, Inc. $2.17 $2,505.01 100% below $1.9M 320.4% -49.3%
KTEL KonaTel, Inc. $0.04 $0.09 56% below $1.8M 8.3% -3.8%
GOGO Gogo Inc. $2.13 — — $290.9K 9.1% 4.8%
OBAI Our Bond, Inc. $0.14 — — $696 153.3% 2.4%
MAJI Nextel Medical Corp. $0.00 — — — 837.5% —
TVCN TV Channels Network Inc. — — — — 155.6% —

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