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
Flawless balance sheet and undervalued.
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.
7 Day Return
1 Year Return
Return vs Industry: GILT underperformed the US Communications industry which returned 25.2% over the past year.
Return vs Market: GILT underperformed the US Market which returned 52.4% over the past year.
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 StHere's What Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) P/E Is Telling Us
1 year ago | Simply Wall StKey Things To Watch Out For If You Are After Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) 5.5% Dividend
1 year ago | Simply Wall StIs Now The Time To Put Gilat Satellite Networks (NASDAQ:GILT) On Your Watchlist?
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 ($9.74) is trading below our estimate of fair value ($56.92)
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 (13x) compared to the US Communications industry average (37.6x).
PE vs Market: GILT is good value based on its PE Ratio (13x) compared to the US market (20.6x).
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 (2.4x) compared to the US Communications industry average (2.7x).
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.
How has Gilat Satellite Networks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GILT has a large one-off gain of $56.0M impacting its March 31 2021 financial results.
Growing Profit Margin: GILT's current net profit margins (25.5%) are higher than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: GILT has become profitable over the past 5 years, growing earnings by 62.2% per year.
Accelerating Growth: GILT's earnings growth over the past year (89.3%) exceeds its 5-year average (62.2% per year).
Earnings vs Industry: GILT earnings growth over the past year (89.3%) exceeded the Communications industry -4%.
Return on Equity
High ROE: GILT's Return on Equity (18.2%) is considered low.
How is Gilat Satellite Networks's financial position?
Financial Position Analysis
Short Term Liabilities: GILT's short term assets ($201.6M) exceed its short term liabilities ($122.1M).
Long Term Liabilities: GILT's short term assets ($201.6M) exceed its long term liabilities ($10.4M).
Debt to Equity History and Analysis
Debt Level: GILT is debt free.
Reducing Debt: GILT has no debt compared to 5 years ago when its debt to equity ratio was 13.7%.
Debt Coverage: GILT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GILT has no debt, therefore coverage of interest payments is not a concern.
What is Gilat Satellite Networks's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GILT's dividend (10.16%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: GILT's dividend (10.16%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GILT has been paying a dividend for less than 10 years.
Growing Dividend: GILT's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (132.5%), GILT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adi Sfadia (50 yo)
Mr. Adi Sfadia serves as Chief Executive Officer of Gilat Satellite Networks Ltd. since November 2020 and served as its Interim Chief Executive Officer since July 2, 2020 until November 2020. Mr. Sfadia ha...
CEO Compensation Analysis
Compensation vs Market: Adi's total compensation ($USD325.35K) is below average for companies of similar size in the US market ($USD1.66M).
Compensation vs Earnings: Adi's compensation has been consistent with company performance over the past year.
Experienced Management: GILT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: GILT's board of directors are considered experienced (5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gilat Satellite Networks Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Gilat Satellite Networks Ltd.
- Ticker: GILT
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$550.374m
- Shares outstanding: 56.51m
- Website: https://www.gilat.com
Number of Employees
- Gilat Satellite Networks Ltd.
- Gilat House
- 21 Yegia Kapayim Street
- Petah Tikva
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||2021/05/05 23:24|
|End of Day Share Price||2021/05/05 00:00|
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.