Screening Filters & Rationale
market_cap ≥ 500,000,000:
- Purpose: Focus on satellite-related companies with at least mid-cap scale to reduce single-company risk and improve business durability.
- Rationale: Firms above this size tend to have more stable funding, diversified contracts, and better resilience to sector downturns than micro/small caps.
region = US:
- Purpose: Limit investments to U.S.-listed companies to align with investors seeking U.S. regulatory standards, disclosures, and governance.
- Rationale: U.S. markets generally offer stronger investor protections, clearer financial reporting, and better liquidity for satellite and defense names.
themes ∈ {Aerospace & Defense, Space Economy}:
- Purpose: Target businesses directly tied to satellites, launch, space communications, or supporting infrastructure.
- Rationale: Thematic tagging filters out unrelated telecom/tech names and concentrates exposure on companies benefiting from growth in the space and satellite ecosystem.
net_margin ≥ -5%:
- Purpose: Exclude chronically unprofitable or distressed companies while still allowing for near-break-even firms in a growth/CapEx-heavy sector.
- Rationale: Satellite and space firms often reinvest heavily; this threshold balances avoiding severe cash burners with not over-penalizing early-stage or cyclical names.
revenue_5yr_cagr ≥ 0%:
- Purpose: Ensure companies have at least non-declining top-line trends, favoring stable or growing satellite demand.
- Rationale: A non-negative 5-year revenue CAGR filters out structurally shrinking businesses and focuses on those participating in the expanding space economy.
weekly_average_turnover ≥ 1,000,000:
- Purpose: Require minimum trading activity to improve liquidity and reduce transaction costs and slippage.
- Rationale: Higher turnover helps investors enter and exit satellite stocks without materially impacting price, which is critical in a specialized sector.
list_exchange ∈ {XNYS, XNAS, XASE}:
- Purpose: Restrict to major U.S. exchanges for better liquidity, visibility, and regulatory oversight.
- Rationale: NYSE, NASDAQ, and NYSE American–listed stocks typically meet higher listing standards and offer more reliable pricing and information flow.
return_on_equity ≥ 0%:
- Purpose: Focus on companies that at least cover their cost of equity on book capital, signaling basic capital efficiency.
- Rationale: Non-negative ROE screens out firms that systematically destroy shareholder value, which is important in a capital-intensive satellite industry.
tickers = specified list:
- Purpose: Narrow the universe to a pre-identified peer group of satellite, space, aerospace, defense, and satellite-communications–linked companies.
- Rationale: Using a curated list helps capture niche satellite plays and adjacencies that may not be perfectly classified by standard industry codes alone.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.