GomSpace Group
Market Cap
kr568.7m
Last Updated
2019/10/17 22:01 UTC
Data Sources
Company Financials +
Executive Summary
GomSpace Group AB (publ), through its subsidiaries, designs and manufactures nanosatellites for the academic, government, and commercial markets.
Snowflake
Fundamentals
High growth potential with adequate balance sheet.
Share Price & News
How has GomSpace Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.8%
GOMX
2.2%
SE Aerospace & Defense
2.7%
SE Market
1 Year Return
-69.4%
GOMX
-33.1%
SE Aerospace & Defense
9.4%
SE Market
Return vs Industry: GOMX underperformed the Swedish Aerospace & Defense industry which returned -33.1% over the past year.
Return vs Market: GOMX underperformed the Swedish Market which returned 9.4% over the past year.
Shareholder returns
| GOMX | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.8% | 2.2% | 2.7% |
| 30 Day | 1.7% | -5.0% | 1.4% |
| 90 Day | 0.6% | -8.7% | 4.1% |
| 1 Year | -57.9%-69.4% | -26.4%-33.1% | 14.0%9.4% |
| 3 Year | -54.0%-66.6% | -0.3%-11.6% | 31.3%11.7% |
| 5 Year | n/a | 139.7%109.9% | 63.0%28.3% |
Price Volatility Vs. Market
How volatile is GomSpace Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
How Much Of GomSpace Group AB (publ) (STO:GOMX) Do Institutions Own?4 weeks ago | Simply Wall St
Is GomSpace Group (STO:GOMX) Using Too Much Debt?4 months ago | Simply Wall St
Why We Think GomSpace Group AB (publ) (STO:GOMX) Could Be Worth Looking AtValuation
Is GomSpace Group undervalued compared to its fair value and its price relative to the market?
41.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: GOMX (SEK10.88) is trading below our estimate of fair value (SEK18.53)
Significantly Undervalued: GOMX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GOMX is unprofitable, so we can't compare its PE Ratio to the Aerospace & Defense industry average.
PE vs Market: GOMX is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate GOMX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GOMX is good value based on its PB Ratio (1.5x) compared to the SE Aerospace & Defense industry average (2.8x).
Next Steps
Future Growth
How is GomSpace Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
78.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GOMX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: GOMX is forecast to become profitable over the next 3 year, which is considered above average market growth.
High Growth Earnings: GOMX's loss is forecast to worsen by 0% next year.
Revenue vs Market: GOMX's revenue (27.3% per year) is forecast to grow faster than the Swedish market (4.5% per year).
High Growth Revenue: GOMX's revenue (27.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: GOMX's Return on Equity is forecast to be low in 3 years time (8.2%).
Next Steps
Past Performance
How has GomSpace Group performed over the past 5 years?
-80.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: GOMX is unprofitable, and losses have increased over the past 5 years at a rate of -80.6% per year.
Accelerating Growth: Unable to compare GOMX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GOMX is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (16.4%).
Return on Equity
High ROE: GOMX has a negative Return on Equity (-39.78%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: GOMX is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: GOMX is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is GomSpace Group's financial position?
Financial Position Analysis
Short Term Liabilities: GOMX's short term assets (SEK253.9M) exceeds its short term liabilities (SEK78.2M)
Long Term Liabilities: GOMX's short term assets (253.9M) exceeds its long term liabilities (67.5M)
Debt to Equity History and Analysis
Debt Level: GOMX's debt to equity ratio (10.4%) is considered satisfactory
Reducing Debt: GOMX's debt to equity ratio has reduced from 26.6% to 10.4% over the past 5 years.
Balance Sheet
Inventory Level: GOMX has a high level of physical assets or inventory.
Debt Coverage by Assets: GOMX's debt is covered by short term assets (assets are 6.492900x 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: GOMX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GOMX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is GomSpace Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate GOMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GOMX'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 GOMX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GOMX'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 GOMX's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
What is the CEO of GomSpace Group's salary, the management and board of directors tenure and is there insider trading?
0.6yrs
Average management tenure
CEO
Niels Buus (62yo)
0yrs
Tenure
kr2,829,000
Compensation
Mr. Niels Buus serves as Managing Director and Chief Executive Officer of GomSpace Group AB (publ). Mr. Buus has been Managing Director of GomSpace ApS since 2014. He serves as Chief Executive Officer and ...
CEO Compensation Analysis
Compensation vs. Market: Niels's total compensation ($USD291.25K) is above average for companies of similar size in the Swedish market ($USD123.43K).
Compensation vs Earnings: Niels's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
0.6yrs
Average Tenure
44yo
Average Age
Experienced Management: GOMX's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Age and Tenure
2.5yrs
Average Tenure
65yo
Average Age
Experienced Board: GOMX's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Niels Buus (62yo)
CEO & MD
- Tenure: 0yrs
- Compensation: kr2.83m
Børge Witthøft (67yo)
Chief Sales Officer of GomSpace ApS
- Tenure: 3.7yrs
Lars Alminde (40yo)
Chief Commercial Officer
- Tenure: 0.3yrs
Troels Nørmølle (33yo)
Chief Financial Officer
- Tenure: 0yrs
Morten Hvidberg Jeppesen (44yo)
Chief Technology Officer
- Tenure: 0.8yrs
Peter Worsøe
Chief Manufacturing Officer
- Tenure: 0.3yrs
Board Members
Niels Jesper Jensen (73yo)
Director
- Tenure: 0yrs
- Compensation: kr125.00k
Jukka Pertola (59yo)
Chairman of the Board
- Tenure: 3.5yrs
- Compensation: kr250.00k
Hans Schibler (41yo)
Director
- Tenure: 0.5yrs
Steen Lorenz Johan Hansen (71yo)
Director
- Tenure: 2.5yrs
- Compensation: kr125.00k
Company Information
GomSpace Group AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: GomSpace Group AB (publ)
- Ticker: GOMX
- Exchange: OM
- Founded: 2007
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: kr568.750m
- Shares outstanding: 52.27m
- Website: https://gomspace.com
Number of Employees
Location
- GomSpace Group AB (publ)
- Ulls Väg 29A
- Uppsala
- Uppsala County
- 756 51
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GOMX | OM (OMX Nordic Exchange Stockholm) | Yes | Share Capital | SE | SEK | Jun 2016 |
| 1G2 | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Jun 2016 |
| 0GE8 | LSE (London Stock Exchange) | Yes | Share Capital | GB | SEK | Jun 2016 |
Biography
GomSpace Group AB (publ), through its subsidiaries, designs and manufactures nanosatellites for the academic, government, and commercial markets. It offers global tracking solution for tracking assets; Int ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 22:01 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.