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GILT

Gilat Satellite NetworksNasdaqGS:GILT Stock Report

Last Price

US$7.57

Market Cap

US$428.0m

7D

-3.7%

1Y

-25.1%

Updated

22 Jan, 2022

Data

Company Financials +
GILT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends2/6

GILT Stock Overview

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services in Latin America, the Asia Pacific, North America, Europe, the Middle East, and Africa.

Gilat Satellite Networks Competitors

Motorola Solutions

NYSE:MSI

US$40.1b

Viasat

NasdaqGS:VSAT

US$3.4b

Comtech Telecommunications

NasdaqGS:CMTL

US$540.4m

CalAmp

NasdaqGS:CAMP

US$195.0m

Price History & Performance

Summary of all time highs, changes and price drops for Gilat Satellite Networks
Historical stock prices
Current Share PriceUS$7.57
52 Week HighUS$22.69
52 Week LowUS$6.58
Beta0.24
1 Month Change1.88%
3 Month Change-9.23%
1 Year Change-25.05%
3 Year Change-13.98%
5 Year Change37.64%
Change since IPO-97.41%

Recent News & Updates

Dec 03

Gilat Satellite: Close To A Firm Intermediate Bottom

Shares remain well down from their pre-Q3 price but we are now closing in on an intermediate buy signal. The pipeline and recent contract wins point to significant top and bottom-line growth next year. The return to EBIT growth in Q3 is also a sign that the upward trend is about to begin here.

Shareholder Returns

GILTUS CommunicationsUS Market
7D-3.7%-7.7%-6.1%
1Y-25.1%22.0%4.2%

Return vs Industry: GILT underperformed the US Communications industry which returned 22% over the past year.

Return vs Market: GILT underperformed the US Market which returned 4.2% over the past year.

Price Volatility

Is GILT's price volatile compared to industry and market?
GILT volatility
GILT Average Weekly Movement7.8%
Communications Industry Average Movement7.6%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
1987779Adi Sfadiahttps://www.gilat.com

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services in Latin America, the Asia Pacific, North America, Europe, the Middle East, and Africa. It operates through three segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services.

Gilat Satellite Networks Fundamentals Summary

How do Gilat Satellite Networks's earnings and revenue compare to its market cap?
GILT fundamental statistics
Market CapUS$428.00m
Earnings (TTM)US$57.39m
Revenue (TTM)US$194.17m

7.5x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GILT income statement (TTM)
RevenueUS$194.17m
Cost of RevenueUS$134.20m
Gross ProfitUS$59.98m
ExpensesUS$2.59m
EarningsUS$57.39m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 15, 2022

Earnings per share (EPS)1.01
Gross Margin30.89%
Net Profit Margin29.55%
Debt/Equity Ratio0%

How did GILT perform over the long term?

See historical performance and comparison

Dividends

13.1%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Gilat Satellite Networks undervalued compared to its fair value and its price relative to the market?

35.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GILT ($7.57) is trading below our estimate of fair value ($11.72)

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


Price To Earnings Ratio

PE vs Industry: GILT is good value based on its PE Ratio (7.5x) compared to the US Communications industry average (27.1x).

PE vs Market: GILT is good value based on its PE Ratio (7.5x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: GILT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: GILT's PB Ratio (1.9x) is in line with the US Communications industry average.


Future Growth

How is Gilat Satellite Networks forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-107.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GILT's earnings are forecast to decline over the next 3 years (-107.8% per year).

Earnings vs Market: GILT's earnings are forecast to decline over the next 3 years (-107.8% per year).

High Growth Earnings: GILT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GILT's revenue (22.1% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: GILT's revenue (22.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GILT's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Gilat Satellite Networks performed over the past 5 years?

49.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GILT has a large one-off gain of $64.8M impacting its September 30 2021 financial results.

Growing Profit Margin: GILT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GILT has become profitable over the past 5 years, growing earnings by 49.5% per year.

Accelerating Growth: GILT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GILT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (36.7%).


Return on Equity

High ROE: GILT's Return on Equity (25%) is considered high.


Financial Health

How is Gilat Satellite Networks's financial position?


Financial Position Analysis

Short Term Liabilities: GILT's short term assets ($195.3M) exceed its short term liabilities ($110.2M).

Long Term Liabilities: GILT's short term assets ($195.3M) exceed its long term liabilities ($12.3M).


Debt to Equity History and Analysis

Debt Level: GILT is debt free.

Reducing Debt: GILT has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.

Debt Coverage: GILT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GILT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Gilat Satellite Networks's current dividend yield, its reliability and sustainability?

13.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GILT's dividend (13.08%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: GILT's dividend (13.08%) is in the top 25% of dividend payers in the US market (3.61%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, GILT has been paying a dividend for less than 10 years.

Growing Dividend: GILT's dividend payments have increased, but the company has only paid a dividend for 3 years.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Adi Sfadia (51 yo)

1.5yrs

Tenure

US$325,348

Compensation

Mr. Adi Sfadia serves as Chief Executive Officer of Gilat Satellite Networks Ltd. since November 2020 and served as its Interim Chief Executive Officer since July 2, 2020 until November 2020. Mr. Sfadia ha...


CEO Compensation Analysis

Compensation vs Market: Adi's total compensation ($USD325.35K) is below average for companies of similar size in the US market ($USD1.70M).

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


Leadership Team

Experienced Management: GILT's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: GILT's board of directors are considered experienced (5.7 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gilat Satellite Networks Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Gilat Satellite Networks Ltd.
  • Ticker: GILT
  • Exchange: NasdaqGS
  • Founded: 1987
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: US$428.002m
  • Shares outstanding: 56.54m
  • Website: https://www.gilat.com

Number of Employees


Location

  • Gilat Satellite Networks Ltd.
  • Gilat House
  • 21 Yegia Kapayim Street
  • Petah Tikva
  • 4913020
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 23:15
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.