Does EchoStar (ECHO) Stock Still Look Overvalued After Chapter 11?

EchoStar stock has delivered a very large 3 year return while current valuation checks suggest the shares are trading at a premium to the intrinsic value estimate and to traditional market multiples. EchoStar has returned about 4x over the past 3 years, which puts extra focus on whether the current price already builds in optimistic expectations. The recent restructuring gains and asset monetization may support future cash generation, while the Chapter 11 process for Hughes Satellite Systems...