Added to YB: 2026-07-29
Pitch date: 2026-05-23
KVHI [bullish]
KVH Industries, Inc.
Author Info
No bio for this author
Company Info
KVH Industries, Inc., together with its subsidiaries, designs, develops, manufactures, and markets mobile connectivity and managed services for the marine and land mobile markets.
Market Cap
$176.6M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
55.61
P/E
-34.49
EV/Sales
1.03
Sector
Communications Equipment
Category
turnaround
KVH Industries, Inc. - $KVHI
KVHI: Maritime satcom transforming from capex-heavy GEO antenna maker to asset-light LEO reseller (Starlink/OneWeb). 25% of mkt cap in cash, no debt. Q4 Airtime +27% YoY, LEO 45% of sales, record 9k vessels. Est $13-18M FCF '27, $20-25M '28. 12.5x '26E EBITDA. Weak guidance credibility, GAAP unprofitable, but activist-heavy board (35% owned) may drive sale. Risk: Starlink going direct.
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