GOGO INC. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.62 USD | -2.03% |
|
-1.30% | +4.84% |
| May. 07 | Gogo Q1 Net Income, Revenue Increase; 2024 Revenue Outlook Maintained | MT |
| May. 07 | Transcript : Gogo Inc., Q1 2024 Earnings Call, May 07, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 564.2 | 821 | 1,488 | 1,879 | 1,305 | 1,378 | - | - |
| Enterprise Value (EV) 1 | 1,495 | 1,555 | 2,146 | 2,401 | 1,305 | 1,824 | 1,687 | 1,566 |
| P/E ratio | -3.54 x | -3.17 x | 10.6 x | 20.8 x | 9.29 x | 27.6 x | 17.2 x | 14.3 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.68 x | 3.04 x | 4.43 x | 4.65 x | 3.28 x | 3.3 x | 2.85 x | 2.48 x |
| EV / Revenue | 1.79 x | 5.76 x | 6.39 x | 5.94 x | 3.28 x | 4.36 x | 3.49 x | 2.82 x |
| EV / EBITDA | 10.3 x | 15.8 x | 14.2 x | 13.8 x | 8.05 x | 14.6 x | 10.3 x | 7.84 x |
| EV / FCF | -41.5 x | -23.1 x | 34.4 x | 40.4 x | - | 40.9 x | 10.4 x | 9.65 x |
| FCF Yield | -2.41% | -4.33% | 2.91% | 2.48% | - | 2.45% | 9.62% | 10.4% |
| Price to Book | -1.42 x | -1.29 x | -4.68 x | -18.5 x | - | 18.4 x | 8.32 x | 5.9 x |
| Nbr of stocks (in thousands) | 88,158 | 85,250 | 109,954 | 127,270 | 128,841 | 127,105 | - | - |
| Reference price 2 | 6.400 | 9.630 | 13.53 | 14.76 | 10.13 | 10.84 | 10.84 | 10.84 |
| Announcement Date | 3/13/20 | 3/11/21 | 3/3/22 | 2/28/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 835.7 | 269.7 | 335.7 | 404.1 | 397.6 | 418.1 | 483.8 | 554.6 |
| EBITDA 1 | 145.6 | 98.33 | 151 | 173.8 | 162.1 | 125.2 | 164.4 | 199.7 |
| EBIT 1 | 36.72 | 76.35 | 120.6 | 142.3 | 124.2 | 88.22 | 119.6 | 154.7 |
| Operating Margin | 4.39% | 28.31% | 35.93% | 35.22% | 31.23% | 21.1% | 24.71% | 27.9% |
| Earnings before Tax (EBT) 1 | -145 | -48.7 | -30.64 | 105.7 | 97.6 | 72.14 | 98.24 | 127.6 |
| Net income 1 | -146 | -250 | 152.7 | 92.06 | 145.7 | 54.71 | 79.84 | 96.53 |
| Net margin | -17.47% | -92.7% | 45.5% | 22.78% | 36.64% | 13.09% | 16.5% | 17.41% |
| EPS 2 | -1.810 | -3.040 | 1.280 | 0.7100 | 1.090 | 0.3921 | 0.6315 | 0.7578 |
| Free Cash Flow 1 | -36.06 | -67.25 | 62.43 | 59.49 | - | 44.64 | 162.3 | 162.4 |
| FCF margin | -4.32% | -24.93% | 18.6% | 14.72% | - | 10.68% | 33.55% | 29.27% |
| FCF Conversion (EBITDA) | - | - | 41.35% | 34.22% | - | 35.64% | 98.74% | 81.3% |
| FCF Conversion (Net income) | - | - | 40.88% | 64.62% | - | 81.59% | 203.32% | 168.19% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/13/20 | 3/11/21 | 3/3/22 | 2/28/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 92.3 | 92.75 | 97.84 | 105.3 | 108.2 | 98.6 | 103.2 | 97.95 | 97.81 | 104.3 | 99.36 | 104.9 | 111.2 | 112.5 | 120.3 |
| EBITDA 1 | 39.55 | 42.77 | 41.2 | 43.65 | 46.22 | 39.73 | 44.07 | 43.2 | 35.13 | 43.32 | 28.07 | 27.66 | 28.93 | 36.33 | 38.48 |
| EBIT 1 | 32.33 | 34.95 | 32.34 | 36.34 | 38.7 | 31.93 | 34.04 | 33.32 | 24.88 | 34.67 | 19.17 | 17.94 | 19.12 | 26.09 | 28.1 |
| Operating Margin | 35.02% | 37.68% | 33.06% | 34.51% | 35.77% | 32.38% | 32.98% | 34.01% | 25.43% | 33.24% | 19.29% | 17.1% | 17.19% | 23.18% | 23.37% |
| Earnings before Tax (EBT) 1 | 21.46 | 24.13 | 22.72 | 28.16 | 30.71 | 24.84 | 26.02 | 27.64 | 19.1 | 41.41 | 11.88 | 11.17 | 12.88 | 19.44 | 21.58 |
| Net income 1 | 218.7 | 22.2 | 22.02 | 20.18 | 27.67 | 20.45 | 89.85 | 20.91 | 14.47 | 30.49 | 9.394 | 8.991 | 10.27 | 14.55 | 16.18 |
| Net margin | 236.95% | 23.93% | 22.5% | 19.16% | 25.58% | 20.74% | 87.05% | 21.35% | 14.79% | 29.23% | 9.45% | 8.57% | 9.24% | 12.94% | 13.46% |
| EPS 2 | 1.600 | 0.1800 | 0.1700 | 0.1500 | 0.2100 | 0.1500 | 0.6700 | 0.1600 | 0.1100 | 0.2300 | 0.0688 | 0.0578 | 0.0684 | 0.1200 | 0.1367 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/3/22 | 5/5/22 | 8/5/22 | 11/3/22 | 2/28/23 | 5/3/23 | 8/7/23 | 11/7/23 | 2/28/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 931 | 734 | 658 | 522 | - | 446 | 310 | 189 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.396 x | 7.461 x | 4.361 x | 3.003 x | - | 3.56 x | 1.884 x | 0.9441 x |
| Free Cash Flow 1 | -36.1 | -67.3 | 62.4 | 59.5 | - | 44.6 | 162 | 162 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | 86.3% | 61.6% | 50.7% |
| ROA (Net income/ Total Assets) | -11.8% | -26.5% | 23.1% | 13.1% | - | 6.62% | 9.26% | 12.5% |
| Assets 1 | 1,240 | 944.1 | 660.6 | 703.6 | - | 827 | 862.1 | 774.8 |
| Book Value Per Share 2 | -4.520 | -7.460 | -2.890 | -0.8000 | - | 0.5900 | 1.300 | 1.840 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 100 | 1.82 | 4.26 | 43.9 | - | 40.7 | 14.4 | 13.1 |
| Capex / Sales | 11.98% | 0.67% | 1.27% | 10.87% | - | 9.74% | 2.98% | 2.36% |
| Announcement Date | 3/13/20 | 3/11/21 | 3/3/22 | 2/28/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
10.84
USD
Average target price
12.8
USD
Spread / Average Target
+18.08%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +4.84% | 1.38B | |
| +3.17% | 193B | |
| +3.40% | 124B | |
| +33.04% | 76.77B | |
| -3.03% | 57.98B | |
| +27.14% | 24.19B | |
| -5.07% | 16.86B | |
| +8.83% | 16.54B | |
| -10.49% | 10.16B | |
| +8.52% | 9.87B |
- Stock Market
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- GOGO Stock
- Financials Gogo Inc.
