SWX:GPRO

Stock Analysis Report

Executive Summary

GoPro, Inc. develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally.

Snowflake

Fundamentals

Adequate balance sheet with concerning outlook.


Similar Companies

Share Price & News

How has GoPro's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

GPRO

1.4%

CH Consumer Durables

-0.7%

CH Market


1 Year Return

12.7%

GPRO

8.9%

CH Consumer Durables

8.6%

CH Market

Return vs Industry: GPRO exceeded the Swiss Consumer Durables industry which returned 8.9% over the past year.

Return vs Market: GPRO exceeded the Swiss Market which returned 8.6% over the past year.


Shareholder returns

GPROIndustryMarket
7 Day0%1.4%-0.7%
30 Day0%3.0%-0.7%
90 Day0%3.3%0.9%
1 Year12.7%12.7%15.8%8.9%14.5%8.6%
3 Year-52.1%-52.1%35.0%16.5%33.8%16.4%
5 Yearn/a91.0%51.8%37.8%16.1%

Price Volatility Vs. Market

How volatile is GoPro's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GoPro undervalued compared to its fair value and its price relative to the market?

2.66x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: GPRO (CHF7.1) is trading above our estimate of fair value (CHF6.18)

Significantly Undervalued: GPRO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GPRO is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: GPRO is unprofitable, so we can't compare its PE Ratio to the Swiss market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate GPRO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GPRO is overvalued based on its PB Ratio (2.7x) compared to the XE Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is GoPro forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

107.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPRO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GPRO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GPRO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GPRO's revenue (1.9% per year) is forecast to grow slower than the Swiss market (3.5% per year).

High Growth Revenue: GPRO's revenue (1.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: GPRO's Return on Equity is forecast to be high in 3 years time (21.8%)


Next Steps

Past Performance

How has GoPro performed over the past 5 years?

-31.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GPRO is unprofitable, and losses have increased over the past 5 years at a rate of -31.9% per year.

Accelerating Growth: Unable to compare GPRO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GPRO is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-0.05%).


Return on Equity

High ROE: GPRO has a negative Return on Equity (-15.8%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: GPRO is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GPRO is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is GoPro's financial position?


Financial Position Analysis

Short Term Liabilities: GPRO's short term assets ($429.4M) exceeds its short term liabilities ($263.6M)

Long Term Liabilities: GPRO's short term assets (429.4M) exceeds its long term liabilities (238.3M)


Debt to Equity History and Analysis

Debt Level: GPRO's debt to equity ratio (73.1%) is considered high

Reducing Debt: GPRO's debt to equity ratio has reduced from 84% to 73.1% over the past 5 years.


Balance Sheet

Inventory Level: GPRO has a high level of physical assets or inventory.

Debt Coverage by Assets: GPRO's debt is covered by short term assets (assets are 2.986280x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GPRO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GPRO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is GoPro's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%3.7%industryaverage5.0%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate GPRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GPRO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if GPRO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GPRO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GPRO's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

What is the CEO of GoPro's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Nick Woodman (44yo)

15.7yrs

Tenure

US$1

Compensation

Mr. Nicholas D. Woodman, also known as Nick, founded GoPro, Inc. in 2004 and has been its Chief Executive Officer since February 2004. Mr. Woodman is the Founder of General Things, Inc. and serves as its C ...


CEO Compensation Analysis

Compensation vs. Market: Nick's total compensation ($USD1.00) is too low to compare against companies of similar size in the Swiss market ($USD872.50K).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.0yrs

Average Tenure

50yo

Average Age

Experienced Management: GPRO's management team is considered experienced (2 years average tenure).


Board Age and Tenure

2.5yrs

Average Tenure

56yo

Average Age

Experienced Board: GPRO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: GPRO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$17,74707 Aug 19
Tyrone Ahmad-Taylor
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,189
Max PriceUS$4.24
SellUS$54,23115 May 19
Tyrone Ahmad-Taylor
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,378
Max PriceUS$6.47
SellUS$862,93721 Mar 19
Silicon Valley Community Foundation, Endowment Arm
EntityCompany
Shares145,000
Max PriceUS$5.95
SellUS$22,64619 Nov 18
Tyrone Ahmad-Taylor
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,188
Max PriceUS$5.41

Ownership Breakdown


Management Team

  • Brian McGee (59yo)

    Executive VP & CFO

    • Tenure: 3.6yrs
    • Compensation: US$1.94m
  • Sandor Barna (50yo)

    Senior VP & CTO

    • Tenure: 1.7yrs
    • Compensation: US$1.41m
  • Nick Woodman (44yo)

    Founder

    • Tenure: 15.7yrs
    • Compensation: US$1.00
  • Todd Ballard

    VP & Chief Marketing Officer

    • Tenure: 0yrs
  • Laura Robblee

    Vice President of People + Places

    • Tenure: 2.4yrs
  • Eve Saltman (54yo)

    VP of Corporate/Business Development

    • Tenure: 1.6yrs
    • Compensation: US$1.44m
  • Dean Jahnke (45yo)

    Vice President of Global Sales

    • Tenure: 1.3yrs
  • Christopher Clark

    Vice President of Corporate Communications

    • Tenure: 0yrs

Board Members

  • Peter Gotcher (60yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$290.87k
  • Ken Goldman (70yo)

    Lead Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$309.87k
  • Zander Lurie (45yo)

    Independent Director

    • Tenure: 3.7yrs
    • Compensation: US$259.87k
  • Jim Lanzone (48yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: US$145.56k
  • Susan Lyne (68yo)

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$274.87k
  • Rick Welts (66yo)

    Independent Director

    • Tenure: 2yrs
    • Compensation: US$261.77k
  • Lauren Zalaznick (56yo)

    Independent Director

    • Tenure: 3.3yrs
    • Compensation: US$292.37k
  • Nick Woodman (44yo)

    Founder

    • Tenure: 15.7yrs
    • Compensation: US$1.00
  • Ty Ahmad-Taylor (51yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$237.97k

Company Information

GoPro, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GoPro, Inc.
  • Ticker: GPRO
  • Exchange: SWX
  • Founded: 2004
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: US$523.049m
  • Listing Market Cap: US$515.727m
  • Shares outstanding: 144.89m
  • Website: https://www.gopro.com

Number of Employees


Location

  • GoPro, Inc.
  • 3000 Clearview Way
  • San Mateo
  • California
  • 94402
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5G5DB (Deutsche Boerse AG)YesClass A Common StockDEEURJun 2014
GPRONasdaqGS (Nasdaq Global Select)YesClass A Common StockUSUSDJun 2014
GPRO *BMV (Bolsa Mexicana de Valores)YesClass A Common StockMXMXNJun 2014
GPROSWX (SIX Swiss Exchange)YesClass A Common StockCHCHFJun 2014
0R1CLSE (London Stock Exchange)YesClass A Common StockGBUSDJun 2014
GPROWBAG (Wiener Boerse AG)YesClass A Common StockATEURJun 2014
GPRO34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EA REPR 1 COM SHS USD0.0001 CL 'A'BRBRLSep 2016

Biography

GoPro, Inc. develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally. The company offers HERO7, a cloud-connected line of camera; Fusion, a waterp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 21:48
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.