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GomSpace Group OM:GOMX Stock Report

Last Price


Market Cap







26 Jun, 2022


Company Financials +
GOMX fundamental analysis
Snowflake Score
Future Growth5/6
Past Performance0/6
Financial Health5/6

GOMX Stock Overview

GomSpace Group AB (publ), through its subsidiaries, designs, develops, integrates, and manufactures nanosatellites for the academic, government, and commercial markets.

GomSpace Group Competitors













Price History & Performance

Summary of all time highs, changes and price drops for GomSpace Group
Historical stock prices
Current Share Pricekr8.90
52 Week Highkr20.85
52 Week Lowkr8.33
1 Month Change-19.82%
3 Month Change-16.98%
1 Year Change-44.38%
3 Year Change-23.28%
5 Year Change-86.41%
Change since IPO2.30%

Recent News & Updates

Jun 16
Is GomSpace Group (STO:GOMX) Using Debt Sensibly?

Is GomSpace Group (STO:GOMX) Using Debt Sensibly?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

GOMXSE Aerospace & DefenseSE Market

Return vs Industry: GOMX underperformed the Swedish Aerospace & Defense industry which returned 44.6% over the past year.

Return vs Market: GOMX underperformed the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is GOMX's price volatile compared to industry and market?
GOMX volatility
GOMX Average Weekly Movement7.8%
Aerospace & Defense Industry Average Movement7.8%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: GOMX is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: GOMX's weekly volatility (8%) has been stable over the past year.

About the Company

2007187Niels Buus

GomSpace Group AB (publ), through its subsidiaries, designs, develops, integrates, and manufactures nanosatellites for the academic, government, and commercial markets. The company offers mission payloads in the areas of software defined radio, aircraft and ship tracking, ADS-B patch antenna, and optical earth observation; and power and communication systems, command and data handling products, attitude and orbit control systems, ground systems, and various ready to integrate structures. Its products are used in global tracking, Internet of things, communication, defense and security, remote sensing, and science mission applications.

GomSpace Group Fundamentals Summary

How do GomSpace Group's earnings and revenue compare to its market cap?
GOMX fundamental statistics
Market Capkr558.29m
Earnings (TTM)-kr11.41m
Revenue (TTM)kr256.73m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GOMX income statement (TTM)
Cost of Revenuekr183.41m
Gross Profitkr73.31m
Other Expenseskr84.72m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 25, 2022

Earnings per share (EPS)-0.18
Gross Margin28.56%
Net Profit Margin-4.44%
Debt/Equity Ratio7.5%

How did GOMX perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.


Is GOMX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GOMX?

Other financial metrics that can be useful for relative valuation.

GOMX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.8x
Enterprise Value/EBITDA479.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does GOMX's PS Ratio compare to its peers?

GOMX PS Ratio vs Peers
The above table shows the PS ratio for GOMX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4.7x

Price-To-Sales vs Peers: GOMX is good value based on its Price-To-Sales Ratio (2.2x) compared to the peer average (4.7x).

Price to Earnings Ratio vs Industry

How does GOMX's PE Ratio compare vs other companies in the Aerospace & Defense Industry?

Price-To-Sales vs Industry: GOMX is good value based on its Price-To-Sales Ratio (2.2x) compared to the Swedish Aerospace & Defense industry average (3.8x)

Price to Sales Ratio vs Fair Ratio

What is GOMX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GOMX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.2x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: GOMX is expensive based on its Price-To-Sales Ratio (2.2x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).

Share Price vs Fair Value

What is the Fair Price of GOMX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GOMX (SEK8.9) is trading below our estimate of fair value (SEK84.61)

Significantly Below Fair Value: GOMX is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

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

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Future Growth

How is GomSpace Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score


Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 (0.3%).

Earnings vs Market: GOMX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GOMX is expected to become profitable in the next 3 years.

Revenue vs Market: GOMX's revenue (26.4% per year) is forecast to grow faster than the Swedish market (5.6% per year).

High Growth Revenue: GOMX's revenue (26.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GOMX's Return on Equity is forecast to be low in 3 years time (18.4%).

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Past Performance

How has GomSpace Group performed over the past 5 years?

Past Performance Score


Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GOMX is currently unprofitable.

Growing Profit Margin: GOMX is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: GOMX is unprofitable, but has reduced losses over the past 5 years at a rate of 0.4% 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 (66.9%).

Return on Equity

High ROE: GOMX has a negative Return on Equity (-3.5%), as it is currently unprofitable.

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Financial Health

How is GomSpace Group's financial position?

Financial Health Score


Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GOMX's short term assets (SEK300.9M) exceed its short term liabilities (SEK121.4M).

Long Term Liabilities: GOMX's short term assets (SEK300.9M) exceed its long term liabilities (SEK57.5M).

Debt to Equity History and Analysis

Debt Level: GOMX has more cash than its total debt.

Reducing Debt: GOMX's debt to equity ratio has reduced from 8.8% to 7.5% over the past 5 years.

Balance Sheet

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 sufficient cash runway for more than 3 years 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.

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What is GomSpace Group current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Forecast Dividend Yield

Dividend Yield vs Market

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

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

Stability and Growth of Payments

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.

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GOMX has not reported any payouts.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Niels Buus (64 yo)

no data




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 ($USD367.45K) is above average for companies of similar size in the Swedish market ($USD233.45K).

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

Leadership Team

Experienced Management: GOMX's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.

Board Members

Experienced Board: GOMX's board of directors are considered experienced (3.7 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.

Top Shareholders

Company Information

GomSpace Group AB (publ)'s 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
  • Implied Market Cap: kr558.295m
  • Shares outstanding: 62.73m
  • Website:

Number of Employees


  • GomSpace Group AB (publ)
  • Ulls Väg 29A
  • Uppsala
  • Uppsala County
  • 756 51
  • Sweden


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/23 00:00
Annual Earnings2021/12/31

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.