NasdaqGS: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 reasonable growth potential.

Risks

  • GoPro has significant price volatility in the past 3 months.

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

0.4%

GPRO

-1.5%

US Consumer Durables

-0.6%

US Market


1 Year Return

-26.8%

GPRO

12.7%

US Consumer Durables

0.7%

US Market

GPRO underperformed the Consumer Durables industry which returned 12.7% over the past year.

GPRO underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

GPROIndustryMarket
7 Day0.4%-1.5%-0.6%
30 Day17.7%2.6%4.9%
90 Day-17.8%5.2%1.7%
1 Year-26.8%-26.8%14.2%12.7%3.0%0.7%
3 Year-72.5%-72.5%44.1%39.8%44.8%35.4%
5 Year-94.9%-94.9%35.6%27.3%62.0%44.3%

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

1 month ago | Simply Wall St

Investors Who Bought GoPro (NASDAQ:GPRO) Shares Five Years Ago Are Now Down 89%

Valuation

Is GoPro undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

GoPro's share price is below the future cash flow value, and at a moderate discount (> 20%).

GoPro's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

GoPro is loss making, we can't compare its value to the US Consumer Durables industry average.

GoPro is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for GoPro, we can't assess if its growth is good value.


Price Based on Value of Assets

GoPro is overvalued based on assets compared to the US Consumer Durables industry average.


Next Steps

Future Growth

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

81.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

GoPro's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).

GoPro's earnings are expected to grow significantly at over 20% yearly.

GoPro's revenue growth is positive but not above the United States of America market average.

GoPro's earnings growth is expected to exceed the United States of America market average.

GoPro's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

GoPro is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


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

GoPro does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare GoPro's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare GoPro's 1-year growth to the US Consumer Durables industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if GoPro has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if GoPro has efficiently used its assets last year compared to the US Consumer Durables industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if GoPro improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is GoPro's financial position?


Financial Position Analysis

GoPro is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

GoPro's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

GoPro's level of debt (73.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (84% vs 73.1% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3x 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.

GoPro has sufficient cash runway for more than 3 years based on current free cash flow.

Unable to confirm if GoPro has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate GoPro's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate GoPro's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as GoPro has not reported any payouts.

Unable to verify if GoPro's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as GoPro has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of GoPro's dividends in 3 years as they are not expected to pay a notable one for United States of America.


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)

15.6yrs

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

Nick's remuneration is lower than average for companies of similar size in United States of America.

Nick's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.0yrs

Average Tenure

50yo

Average Age

The average tenure for the GoPro management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.4yrs

Average Tenure

56yo

Average Age

The average tenure for the GoPro board of directors is less than 3 years, this suggests a new board.


Insider Trading

GoPro individual insiders have only sold shares in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellUS$18,22207 Aug 19
Tyrone Ahmad-Taylor
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,189
Max PriceUS$4.35
SellUS$53,88115 May 19
Tyrone Ahmad-Taylor
EntityIndividual
Role
Member of the Board of Directors
Director
Shares8,378
Max PriceUS$6.43
SellUS$856,57321 Mar 19
Silicon Valley Community Foundation, Endowment Arm
EntityCompany
Shares145,000
Max PriceUS$5.91
SellUS$22,79019 Nov 18
Tyrone Ahmad-Taylor
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,188
Max PriceUS$5.44

Ownership Breakdown


Management Team

  • Brian McGee (59yo)

    Executive VP & CFO

    • Tenure: 3.5yrs
    • Compensation: US$1.94m
  • Sandor Barna (50yo)

    Senior VP & CTO

    • Tenure: 1.6yrs
    • Compensation: US$1.41m
  • Nick Woodman (44yo)

    Founder

    • Tenure: 15.6yrs
    • Compensation: US$1.00
  • Todd Ballard

    VP & Chief Marketing Officer

    • Tenure: 0yrs
  • Laura Robblee

    Vice President of People + Places

    • Tenure: 2.3yrs
  • Eve Saltman (54yo)

    VP of Corporate/Business Development

    • Tenure: 1.5yrs
    • 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: 2.4yrs
    • Compensation: US$309.87k
  • Zander Lurie (45yo)

    Director

    • Tenure: 3.6yrs
    • Compensation: US$259.87k
  • Jim Lanzone (48yo)

    Director

    • Tenure: 1.1yrs
    • Compensation: US$145.56k
  • Susan Lyne (68yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$274.87k
  • Rick Welts (66yo)

    Director

    • Tenure: 1.9yrs
    • Compensation: US$261.77k
  • Lauren Zalaznick (56yo)

    Director

    • Tenure: 3.2yrs
    • Compensation: US$292.37k
  • Nick Woodman (44yo)

    Founder

    • Tenure: 15.6yrs
    • Compensation: US$1.00
  • Ty Ahmad-Taylor (51yo)

    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: NasdaqGS
  • Founded: 2004
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: US$675.183m
  • 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 Analysis2019/09/23 00:34
End of Day Share Price2019/09/20 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.