1. Carronade Capital suggests Viasat spin off its DAT segment for value. 2. Viasat's share price underperformed by over 57% in recent years. 3. DAT segment shows significant growth potential and high EBITDA margins. 4. Viasat's Communications business is set to pivot away from lower-margin broadband. 5. Carronade's analysis suggests a potential share price increase between 76%-304%.
The proposal to spin off the high-growth DAT segment could unlock intrinsic value, potentially reversing Viasat's underperformance. Historical examples like ConocoPhillips' spin-off of Phillips 66 demonstrate how divesting assets can enhance shareholder value.
The article highlights a major strategic shift that could significantly impact shareholder value and market perception of Viasat. Carronade's plans are likely to attract investor attention, potentially catalyzing stock appreciation.
The market may take time to recognize the potential value of the DAT segment. Previous similar spin-offs have taken years to realize valuation gains.