Gilat Satellite Networks
Market Cap
US$551.6m
Last Updated
2020/01/22 23:53 UTC
Data Sources
Company Financials
Executive Summary
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services in Israel, Latin America, Asia, the Asia Pacific, North America, Africa, Europe, and CIS countries.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with acceptable track record.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
17.9%
GILT
1.5%
US Communications
0.6%
US Market
1 Year Return
14.1%
GILT
6.4%
US Communications
24.6%
US Market
Return vs Industry: GILT exceeded the US Communications industry which returned 7.5% over the past year.
Return vs Market: GILT underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| GILT | Industry | Market | |
|---|---|---|---|
| 7 Day | 17.9% | 1.5% | 0.6% |
| 30 Day | 31.8% | 2.1% | 3.0% |
| 90 Day | 21.3% | 5.0% | 10.6% |
| 1 Year | 20.1%14.1% | 8.6%6.4% | 27.3%24.6% |
| 3 Year | 87.4%78.0% | 50.3%40.7% | 50.5%40.8% |
| 5 Year | 128.2%116.8% | 80.8%60.5% | 78.9%59.1% |
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 day ago | Simply Wall St
Here's What Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) P/E Is Telling Us2 weeks ago | Simply Wall St
Key Things To Watch Out For If You Are After Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) 5.5% Dividend1 month 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?
30.88x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GILT ($8.4) is trading above our estimate of fair value ($4.16)
Significantly Below Fair Value: GILT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GILT is poor value based on its PE Ratio (26.1x) compared to the Communications industry average (21.1x).
PE vs Market: GILT is poor value based on its PE Ratio (26.1x) compared to the US market (18.9x).
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 overvalued based on its PB Ratio (2x) compared to the US Communications industry average (1.9x).
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?
13.3%
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?
57.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GILT has high quality earnings.
Growing Profit Margin: GILT's current net profit margins (7%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: GILT has become profitable over the past 5 years, growing earnings by 57.3% per year.
Accelerating Growth: GILT's earnings growth over the past year (7.8%) is below its 5-year average (57.3% per year).
Earnings vs Industry: GILT earnings growth over the past year (7.8%) underperformed the Communications industry 12.6%.
Return on Equity
High ROE: GILT's Return on Equity (7.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Gilat Satellite Networks's financial position?
Financial Position Analysis
Short Term Liabilities: GILT's short term assets ($203.1M) exceed its short term liabilities ($116.0M).
Long Term Liabilities: GILT's short term assets ($203.1M) exceed its long term liabilities ($14.2M).
Debt to Equity History and Analysis
Debt Level: GILT's debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: GILT's debt to equity ratio has reduced from 20.1% to 3.6% over the past 5 years.
Debt Coverage: GILT's debt is well covered by operating cash flow (228.4%).
Interest Coverage: GILT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: GILT has a high level of physical assets or inventory.
Debt Coverage by Assets: GILT's debt is covered by short term assets (assets are 24.8x debt).
Next Steps
Dividend
What is Gilat Satellite Networks's current dividend yield, its reliability and sustainability?
4.52%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: GILT's dividend (5.36%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: GILT's dividend (5.36%) is in the top 25% of dividend payers in the US market (3.66%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether GILT's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GILT's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (139.7%), GILT's dividend payments are not well 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
What is the CEO of Gilat Satellite Networks's salary, the management and board of directors tenure and is there insider trading?
4.0yrs
Average management tenure
CEO
Yona Ovadia (60yo)
3.8yrs
Tenure
US$920,176
Compensation
Mr. Yona Ovadia has been Chief Executive Officer of Gilat Satellite Networks Ltd. since March 31, 2016 and served as its Vice President of Services and Commercial Divisions since October 2015 until March 3 ...
CEO Compensation Analysis
Compensation vs Market: Yona's total compensation ($USD920.18K) is below average for companies of similar size in the US market ($USD1.70M).
Compensation vs Earnings: Yona's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.0yrs
Average Tenure
55yo
Average Age
Experienced Management: GILT's management team is considered experienced (4 years average tenure).
Board Age and Tenure
5.1yrs
Average Tenure
57yo
Average Age
Experienced Board: GILT's board of directors are considered experienced (5.1 years average tenure).
Insider Trading
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.
Management Team
Yossi Gal (58yo)
Vice President of Sales Operations & Information Technologies
- Tenure: 8.8yrs
Alik Shimelmits (57yo)
Chief Technology & Product Officer
- Tenure: 0.3yrs
- Compensation: US$375.47k
Yuval Shani (53yo)
Chief Operating Officer
- Tenure: 2.4yrs
- Compensation: US$472.11k
Adi Sfadia (49yo)
Chief Financial Officer
- Tenure: 4.2yrs
- Compensation: US$437.62k
Nirit Barnea (51yo)
Vice President of Human Resources
- Tenure: 4.6yrs
Yael Shofar
General Counsel & Corporate Secretary
Yona Ovadia (60yo)
Chief Executive Officer
- Tenure: 3.8yrs
- Compensation: US$920.18k
Board Members
Dov Baharav (69yo)
Chairman of the Board
- Tenure: 5.7yrs
- Compensation: US$485.65k
Homi Shamir (68yo)
Independent Director
- Tenure: 3.7yrs
Ishay Davidi (57yo)
Director
- Tenure: 7.1yrs
Dafna Sharir (51yo)
Independent Director
- Tenure: 3.7yrs
Ami Boehm (48yo)
Independent Director
- Tenure: 7.1yrs
Dafna Cohen (49yo)
External Independent Director
- Tenure: 5.1yrs
Elyezer Shkedy (62yo)
External Director
- Tenure: 2.6yrs
Amir Ofek (43yo)
Independent Director
- Tenure: 5.1yrs
Lonny Rafaeli (65yo)
Independent Director
- Tenure: 3.7yrs
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$551.641m
- Shares outstanding: 55.44m
- 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 Israel, Latin America, Asia, the Asia Pacific, North America, Africa, Europe, and CIS countries. 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. Its portfolio consists of very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state amplifiers, block upconverters, low-profile antennas, and on-the-move/on-the-pause terminals. In addition, the company offers various solutions, including managed satellite network services, network planning and optimization, satellite capacity, remote network operation, call center support, hub and field operations, and communication networks construction and installation services. Further, it provides connectivity services, Internet access, and telephony services to enterprise, government, and residential customers; and builds telecommunication infrastructure using fiber-optic and wireless technologies for broadband connectivity. Gilat Satellite Networks Ltd. sells its products and solutions to communication service providers and operators, mobile network operators, telecommunication companies, and system integrators, as well as to defense and homeland security organizations, and directly to end-users. The company was founded in 1987 and is headquartered in Petah Tikva, Israel.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/22 23:53 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.