TSAT vs. GSAT

Last updated Apr 2, 2026

Compare and contrast key facts about Telesat Corporation (TSAT) and Globalstar, Inc. (GSAT).

Performance

TSAT vs. GSAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Telesat Corporation (TSAT) and Globalstar, Inc. (GSAT). The values are adjusted to include any dividend payments, if applicable.

TSAT vs. GSAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TSAT Telesat Corporation	19.21%	77.01%	57.62%	39.07%	-73.84%	-27.42%
GSAT Globalstar, Inc.	12.27%	96.59%	6.70%	45.86%	14.66%	-25.16%

Fundamentals

Market Cap TSAT : $514.93M GSAT : $8.72B
EPS TSAT : -$10.08 GSAT : -$0.11
PS Ratio TSAT : 1.28 GSAT : 31.95
PB Ratio TSAT : 0.97 GSAT : 24.51
Total Revenue (TTM) TSAT : $417.88M GSAT : $272.99M
Gross Profit (TTM) TSAT : $335.60M GSAT : $110.67M
EBITDA (TTM) TSAT : $211.44M GSAT : $110.23M

Returns By Period

In the year-to-date period, TSAT achieves a 19.21% return, which is significantly higher than GSAT's 12.27% return.

TSAT

• 1D: -4.17%
• 1M: 4.27%
• YTD: 19.21%
• 6M: 25.96%
• 1Y: 94.45%
• 3Y*: 59.18%
• 5Y*: —
• 10Y*: —

GSAT

• 1D: 3.18%
• 1M: 10.53%
• YTD: 12.27%
• 6M: 75.00%
• 1Y: 230.90%
• 3Y*: 57.92%
• 5Y*: 26.87%
• 10Y*: 10.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TSAT vs. GSAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSAT

TSAT Risk / Return Rank: 77
TSAT Sharpe Ratio Rank: 78
TSAT Sortino Ratio Rank: 76
TSAT Omega Ratio Rank: 73
TSAT Calmar Ratio Rank: 81
TSAT Martin Ratio Rank: 77

GSAT

GSAT Risk / Return Rank: 95
GSAT Sharpe Ratio Rank: 97
GSAT Sortino Ratio Rank: 93
GSAT Omega Ratio Rank: 93
GSAT Calmar Ratio Rank: 98
GSAT Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSAT vs. GSAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Telesat Corporation (TSAT) and Globalstar, Inc. (GSAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TSAT	GSAT	Difference
Sharpe ratio Return per unit of total volatility	1.23	3.25	-2.01
Sortino ratio Return per unit of downside risk	1.92	3.33	-1.42
Omega ratio Gain probability vs. loss probability	1.24	1.44	-0.21
Calmar ratio Return relative to maximum drawdown	2.56	8.61	-6.05
Martin ratio Return relative to average drawdown	5.27	20.18	-14.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSAT vs. GSAT - Sharpe Ratio Comparison

The current TSAT Sharpe Ratio is 1.23, which is lower than the GSAT Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of TSAT and GSAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TSAT	GSAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	3.25	-2.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-0.07	+0.03

Correlation

The correlation between TSAT and GSAT is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TSAT vs. GSAT - Dividend Comparison

Neither TSAT nor GSAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TSAT vs. GSAT - Drawdown Comparison

The maximum TSAT drawdown since its inception was -84.38%, smaller than the maximum GSAT drawdown of -99.14%. Use the drawdown chart below to compare losses from any high point for TSAT and GSAT.

Drawdown Indicators

	TSAT	GSAT	Difference
Max Drawdown Largest peak-to-trough decline	-84.38%	-99.14%	+14.76%
Max Drawdown (1Y) Largest decline over 1 year	-32.92%	-26.53%	-6.39%
Max Drawdown (5Y) Largest decline over 5 years	—	-67.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.55%	—
Current Drawdown Current decline from peak	-18.07%	-73.92%	+55.85%
Average Drawdown Average peak-to-trough decline	-60.36%	-88.59%	+28.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.99%	11.33%	+4.66%

Volatility

TSAT vs. GSAT - Volatility Comparison

Telesat Corporation (TSAT) has a higher volatility of 31.42% compared to Globalstar, Inc. (GSAT) at 22.18%. This indicates that TSAT's price experiences larger fluctuations and is considered to be riskier than GSAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSAT	GSAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.42%	22.18%	+9.24%
Volatility (6M) Calculated over the trailing 6-month period	59.80%	55.37%	+4.43%
Volatility (1Y) Calculated over the trailing 1-year period	77.11%	71.58%	+5.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.17%	84.17%	-7.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.17%	92.77%	-15.60%

Financials