Gilat Satellite Networks
Market Cap
US$561.0m
Last Updated
2021/01/23 23:47 UTC
Data Sources
Company Financials
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
Rewards
Risk Analysis
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
38.0%
GILT
-0.4%
US Communications
2.3%
US Market
1 Year Return
-1.4%
GILT
-1.8%
US Communications
23.8%
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
| GILT | Industry | Market | |
|---|---|---|---|
| 7 Day | 38.0% | -0.4% | 2.3% |
| 30 Day | 67.2% | 3.6% | 4.8% |
| 90 Day | 81.0% | 19.6% | 14.5% |
| 1 Year | 14.3%-1.4% | 1.0%-1.8% | 26.6%23.8% |
| 3 Year | 50.4%23.3% | 14.7%6.4% | 45.0%35.4% |
| 5 Year | 242.2%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
1 year ago | Simply Wall St
Here's What Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) P/E Is Telling Us1 year ago | Simply Wall St
Key Things To Watch Out For If You Are After Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) 5.5% Dividend1 year ago | Simply Wall St
Is Now The Time To Put Gilat Satellite Networks (NASDAQ:GILT) On Your Watchlist?Valuation
Is Gilat Satellite Networks undervalued compared to its fair value and its price relative to the market?
3.1%
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?
10.6%
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
- Examine Gilat Satellite Networks's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Tech industry.
Past Performance
How has Gilat Satellite Networks performed over the past 5 years?
68.2%
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
Dividend
What is Gilat Satellite Networks's current dividend yield, its reliability and sustainability?
9.80%
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
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Adi Sfadia (50 yo)
0.50
Tenure
US$489,556
Compensation
Mr. Adi Sfadia serves as Chief Executive Officer of Gilat Satellite Networks Ltd. since November 2020 and served as its Interim Chief Executive Officer since July 2, 2020 until November 2020. Mr. Sfadia ha...
CEO Compensation Analysis
Compensation vs Market: Adi's total compensation ($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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chief Integration Officer | 0.50yr | US$489.56k | no data | |
| Chief Operating Officer | 3.42yrs | US$469.46k | no data | |
| Chief Financial Officer | 0.42yr | no data | no data | |
| Chief Technology & Product Officer | 1.25yrs | US$375.47k | no data | |
| General Counsel & Corporate Secretary | no data | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Vice President of Sales Operations & Information Technologies | 9.75yrs | no data | no data | |
| Vice President of Human Resources | 1yr | no data | no data |
1.1yrs
Average Tenure
56yo
Average Age
Experienced Management: GILT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 6.67yrs | US$485.65k | 1.92% $ 10.8m | |
| Independent Director | 4.67yrs | no data | no data | |
| Director | 8.08yrs | no data | no data | |
| Independent Director | 4.67yrs | no data | no data | |
| Independent Director | 8.08yrs | no data | no data | |
| External Independent Director | 6.08yrs | no data | no data | |
| Independent External Director | 3.58yrs | no data | no data | |
| Independent Director | 6.08yrs | no data | no data | |
| Independent Director | 4.67yrs | no data | no data |
6.1yrs
Average Tenure
58yo
Average Age
Experienced Board: GILT's board of directors are considered experienced (6.1 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.
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: https://www.gilat.com
Number of Employees
Location
- Gilat Satellite Networks Ltd.
- Gilat House
- 21 Yegia Kapayim Street
- Petah Tikva
- 4913020
- Israel
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GILT | NasdaqGS (Nasdaq Global Select) | Yes | Ordinary Shares | US | USD | Mar 1993 |
| GILT | TASE (The Tel-Aviv Stock Exchange) | Yes | Ordinary Shares | IL | ILS | Mar 1993 |
| GSA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 1993 |
Biography
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:47 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.