Terran Orbital (Terran Orbital) Predictability Rank

View and export this data going back to 2022. Start your Free Trial

What is Terran Orbital Predictability Rank?

Not Rated

Warren Buffett said many times that the companies he likes are:

1. Simple businesses that he understands
2. that have predictable and proven earnings and
3. with economic moat
4. those can be bought at a reasonable price.

It is hard to quantify "simple businesses that he (Buffett) understands", so we will focus on the other three characteristics instead. In GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank, we will show that the businesses that have predictable and proven earnings are usually also simple businesses that an average person could understand.

GuruFocus conducted a back test study of Warren Buffett's strategy of "buying good companies at fair prices" for the years from 1998-2008.

Terran Orbital Predictability Rank Calculation

In our database there are 2403 stocks that have been traded from Jan. 2, 1998 to Aug. 31, 2008. We have the complete 10-year financial data and trading prices of these companies for this period. We rank the predictability of these companies based on the consistency of their revenue per share and EBITDA (earning before interest, tax, depreciation and amortization) per share over the past ten fiscal years, and study the correlation between the stock performances and the predictability of the business.

Our study may be subject to these biases and assumptions:

Dividend yields are not counted for investment returns
Effects of price changes due to spin-offs may not be fully adjusted
Study is subjected to survivorship bias due to de-listing, bankruptcy, LBO, M&A, etc.

The correlation between business predictability and investment returns of a company is showed below.

Correlation Between Business Predictability and Investment Returns

	Predictables	Non-Predictable	All stocks
Total Number of stocks	570	1833	2403
Total Lost Money	61	830	891
Total Lost More Than 50%	18	412	430
Total Lost More Than 90%	4	86	90
Average Gain	260.6%	100.0%	138.1%
Median Gain	150.0%	13.0%	39.0%
Maximum Gain	2852.0%	11483.0%	11483.0%
Maximum Loss	-100.0%	-100.0%	-100.0%
Annualized Average Gain	12.7%	6.7%	8.4%
Annualized Median Gain	8.9%	1.1%	3.1%

For the 570 predictable companies, we have seen strong correlation between the predictability of businesses and the stock performances over the past 10 years, regardless of the valuation of business at 1998. Accordingly, we have ranked the business predictability from 5-star to 1-star, as shown in this table.

Predictability Rank	5-Star	4.5-Star	4-Star	3.5-Star	3-Star	2.5-Star	2-Star	1-Star (non-predictable)	Average among all
% Out of All 2403 Stocks	3.3%	2.9%	3.7%	3.3%	3.3%	3.7%	3.3%	76.3%	100%
% that are in Loss (10y)	3%	10%	8%	9%	11%	18%	16%	45%	37%
Average Gain (10y)	364.6%	330.9%	278.0%	235.1%	243.5%	227.8%	154.8%	100.0%	138.1%
Median Gain (10y)	238.5%	193.5%	171.0%	159.0%	132.5%	113.5%	87.0%	13.0%	39.0%
Maximum Gainer	2228.0%	2547.0%	2452.0%	2852.0%	2432.0%	1892.0%	1807.0%	11483.0%	11483.0%
Maximum Loser	-82.0%	-53.0%	-67.0%	-100.0%	-83.0%	-100.0%	-78.0%	-100.0%	-100.0%
Annualized Average Gain	15.4%	14.6%	13.2%	12.0%	12.2%	11.7%	9.1%	6.7%	8.4%
Annualized Median Gain	12.1%	10.6%	9.8%	9.3%	8.2%	7.3%	6.0%	1.1%	3.1%

For detailed information about each predictability rank, please go to GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank

Terran Orbital Predictability Rank Related Terms

Thank you for viewing the detailed overview of Terran Orbital's Predictability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Terran Orbital (Terran Orbital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Terran Orbital Corp (NYSE:LLAP) » Definitions » Predictability Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

6800 Broken Sound Parkway North West, Suite 200, Boca Raton, FL, USA, 33487

Website

https://www.terranorbital.com

Terran Orbital Corp is a vertically integrated provider of end-to-end satellite solutions. The company combines satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the demanding military, civil and commercial customers. The company operates in two segments: the Satellite Solutions segment primarily consists of the design, build, and operation of satellites, and the Earth Observation Solutions segment was created to develop, build, launch, and operate a constellation of company-owned Earth observation satellites featuring synthetic aperture radar (SAR) capabilities to provide Earth observation data and mission solutions.

Executives

Jonathan Siegmann	officer: SVP, Corporate Development	6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Anthony J Gingiss	officer: Chief Operating Officer	C/O TERRAN ORBITAL, 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Wahid Azizpor	officer: SVP, Manufacturing	C/O TERRAN ORBITAL CORPORATION, SUITE 200, BOCA RATON FL 33487
Santina M Michel	officer: SVP and Chief HR Officer	C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Matthew Gann	officer: SVP, Strategy & Business Dev.	CO TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Mark Kula	officer: SVP, Programs	C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Stephen Alan Hobart	officer: SVP, Components and Modules	C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Richard Bays	officer: SVP & CIO	6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Beach Point Capital Management Lp	10 percent owner	1620 26TH STREET, SUITE 6000N, SANTA MONICA CA 90404
Lockheed Martin Corp	10 percent owner	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
James S Black	officer: General Counsel	6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Beach Point Tx Scf Lp	10 percent owner	C/O BEACH POINT CAPITAL MANAGEMENT LP, 1620 26TH STREET, SUITE 6000N, SANTA MONICA CA 90404
Gary A. Hobart	officer: See Remarks	6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Douglas L. Raaberg	director	10613 REGENT PARK CT., FAIRFAX VA 22030
Mathieu Riffel	officer: Vice President and Controller	6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487