NasdaqGS:GILT

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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 unattractive dividend payer.


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 less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GILT's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

9.8%

GILT

3.2%

US Communications

2.1%

US Market


1 Year Return

-30.8%

GILT

-4.6%

US Communications

19.8%

US Market

Return vs Industry: GILT underperformed the US Communications industry which returned -4.7% over the past year.

Return vs Market: GILT underperformed the US Market which returned 19.7% over the past year.


Shareholder returns

GILTIndustryMarket
7 Day9.8%3.2%2.1%
30 Day5.3%13.6%8.1%
90 Day10.8%0.9%6.0%
1 Year-26.4%-30.8%-2.0%-4.6%22.5%19.8%
3 Year-12.5%-21.9%15.8%7.7%46.5%36.8%
5 Year79.9%60.7%59.4%41.4%96.9%75.3%

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

Valuation

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

1.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GILT ($5.93) is trading above our estimate of fair value ($3.57)

Significantly Below Fair Value: GILT is trading above our estimate of fair value.


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 (1.5x) compared to the US Communications industry average (1.8x).


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?

11.4%

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?

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 (-4.9%).


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?

6.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GILT's dividend (6.07%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: GILT's dividend (6.07%) is in the top 25% of dividend payers in the US market (4.05%)


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 has only been paying a dividend for 2 years, and since then payments have fallen.


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?

1.0yrs

Average management tenure


CEO

Adi Sfadia (50 yo)

0.33

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 ($USD489.56K) is below average for companies of similar size in the US market ($USD1.79M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Adi Sfadia
CEO & Chief Integration Officer0.33yrUS$489.56kno data
Yuval Shani
Chief Operating Officer3.25yrsUS$469.46kno data
Bosmat Halpern-Levy
Interim Chief Financial Officer0.25yrno datano data
Alik Shimelmits
Chief Technology & Product Officer1.08yrsUS$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 Technologies9.58yrsno datano data
Lior Moyal
Vice President of Human Resources0.83yrno datano data

1.0yrs

Average Tenure

56yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Dov Baharav
Chairman of the Board6.5yrsUS$485.65k1.92%
$ 6.3m
Meir Shamir
Independent Director4.5yrsno datano data
Ishay Davidi
Director7.92yrsno datano data
Dafna Sharir
Independent Director4.5yrsno datano data
Amiram Boehm
Independent Director7.92yrsno datano data
Dafna Cohen
External Independent Director5.92yrsno datano data
Elyezer Shkedy
Independent External Director3.42yrsno datano data
Amir Ofek
Independent Director5.92yrsno datano data
Aylon Rafaeli
Independent Director4.5yrsno datano data

5.9yrs

Average Tenure

58yo

Average Age

Experienced Board: GILT's board of directors are considered experienced (5.9 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$329.380m
  • 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

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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 23:53
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
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.