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Gilat Satellite Networks

Executive Summary

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. More Details

Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Similar Companies

Share Price & News

How has Gilat Satellite Networks's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: GILT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: GILT's weekly volatility (11%) has been stable over the past year.

Market Performance

7 Day Return




US Communications


US Market

1 Year Return




US Communications


US Market

Return vs Industry: GILT matched the US Communications industry which returned -1.8% over the past year.

Return vs Market: GILT underperformed the US Market which returned 23.7% over the past year.

Shareholder returns

7 Day38.0%-0.4%2.3%
30 Day67.2%3.6%4.8%
90 Day81.0%19.6%14.5%
1 Year14.3%-1.4%1.0%-1.8%26.6%23.8%
3 Year50.4%23.3%14.7%6.4%45.0%35.4%
5 Year242.2%180.6%99.0%76.3%126.2%101.0%

Long-Term Price Volatility Vs. Market

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

Simply Wall St News


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


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: GILT ($10.1) is trading below our estimate of fair value ($10.42)

Significantly Below Fair Value: GILT is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: GILT is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.

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

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: GILT is good value based on its PB Ratio (2.5x) compared to the US Communications industry average (2.6x).

Next Steps

Future Growth

How is Gilat Satellite Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Tech industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gilat Satellite Networks has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

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


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GILT is currently unprofitable.

Growing Profit Margin: GILT is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: GILT is unprofitable, but has reduced losses over the past 5 years at a rate of 68.2% per year.

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

Earnings vs Industry: GILT is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-0.1%).

Return on Equity

High ROE: GILT has a negative Return on Equity (-1.56%), as it is currently unprofitable.

Next Steps

Financial Health

How is Gilat Satellite Networks's financial position?

Financial Position Analysis

Short Term Liabilities: GILT's short term assets ($189.9M) exceed its short term liabilities ($113.6M).

Long Term Liabilities: GILT's short term assets ($189.9M) exceed its long term liabilities ($11.3M).

Debt to Equity History and Analysis

Debt Level: GILT's debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: GILT's debt to equity ratio has reduced from 19.3% to 1.8% 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: Insufficient data to determine if GILT has enough cash runway based on its current free cash flow.

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

Next Steps


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


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GILT's dividend (9.8%) is higher than the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: GILT's dividend (9.8%) is in the top 25% of dividend payers in the US market (3.85%)

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 2 years.

Current Payout to Shareholders

Dividend Coverage: GILT is paying a dividend but the company is unprofitable.

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


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


Average management tenure


Adi Sfadia (50 yo)





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 ($USD489.56K) is below average for companies of similar size in the US market ($USD1.64M).

Compensation vs Earnings: Adi's compensation has increased whilst the company is unprofitable.

Leadership Team

Adi Sfadia
CEO & Chief Integration Officer0.50yrUS$489.56kno data
Yuval Shani
Chief Operating Officer3.42yrsUS$469.46kno data
Bosmat Halpern-Levy
Chief Financial Officer0.42yrno datano data
Alik Shimelmits
Chief Technology & Product Officer1.25yrsUS$375.47kno data
Yael Shofar
General Counsel & Corporate Secretaryno datano datano data
Doreet Oren
Director of Corporate Communicationsno datano datano data
Yossi Gal
Vice President of Sales Operations & Information Technologies9.75yrsno datano data
Lior Moyal
Vice President of Human Resources1yrno datano data


Average Tenure


Average Age

Experienced Management: GILT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Dov Baharav
Chairman of the Board6.67yrsUS$485.65k1.92%
$ 10.8m
Meir Shamir
Independent Director4.67yrsno datano data
Ishay Davidi
Director8.08yrsno datano data
Dafna Sharir
Independent Director4.67yrsno datano data
Amiram Boehm
Independent Director8.08yrsno datano data
Dafna Cohen
External Independent Director6.08yrsno datano data
Elyezer Shkedy
Independent External Director3.58yrsno datano data
Amir Ofek
Independent Director6.08yrsno datano data
Aylon Rafaeli
Independent Director4.67yrsno datano data


Average Tenure


Average Age

Experienced Board: GILT's board of directors are considered experienced (6.1 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 not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Gilat Satellite Networks Ltd.'s company bio, 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
  • Market Cap: US$561.002m
  • Shares outstanding: 55.54m
  • Website:

Number of Employees


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


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GILTNasdaqGS (Nasdaq Global Select)YesOrdinary SharesUSUSDMar 1993
GILTTASE (The Tel-Aviv Stock Exchange)YesOrdinary SharesILILSMar 1993
GSADB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 1993


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 ...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 23:47
End of Day Share Price2021/01/22 00:00
Annual Earnings2019/12/31

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.