NasdaqGS:GILT

Stock Analysis Report

Gilat Satellite Networks

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.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • Gilat Satellite Networks is not covered by any analysts.

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


Market Performance


7 Day Return

2.1%

NasdaqGS:GILT

2.4%

US Communications

1.3%

US Market


1 Year Return

-9.2%

NasdaqGS:GILT

0.8%

US Communications

2.0%

US Market

GILT underperformed the Communications industry which returned 0.8% over the past year.

GILT underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

GILTIndustryMarket
7 Day2.1%2.4%1.3%
30 Day5.9%6.1%3.9%
90 Day0.3%-6.9%3.4%
1 Year-4.4%-9.2%3.0%0.8%4.2%2.0%
3 Year77.4%68.4%57.5%47.6%47.2%37.6%
5 Year80.3%71.2%87.6%68.1%60.5%42.9%

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 based on future cash flows and its price relative to the stock market?

22.9x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Gilat Satellite Networks's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Gilat Satellite Networks's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Gilat Satellite Networks is good value based on earnings compared to the US Communications industry average.

Gilat Satellite Networks is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Gilat Satellite Networks, we can't assess if its growth is good value.


Price Based on Value of Assets

Gilat Satellite Networks is overvalued based on assets compared to the US Communications industry average.


Next Steps

Future Growth

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

-1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Gilat Satellite Networks is high growth as no revenue estimate data is available.

Gilat Satellite Networks's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Gilat Satellite Networks's revenue growth to the United States of America market average as no estimate data is available.

Gilat Satellite Networks's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Gilat Satellite Networks's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Gilat Satellite Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

52.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gilat Satellite Networks has delivered over 20% year on year earnings growth in the past 5 years.

Gilat Satellite Networks's 1-year earnings growth exceeds its 5-year average (103.5% vs 52.6%)

Gilat Satellite Networks's earnings growth has exceeded the US Communications industry average in the past year (103.5% vs 22.3%).


Return on Equity

Gilat Satellite Networks has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Gilat Satellite Networks used its assets more efficiently than the US Communications industry average last year based on Return on Assets.


Return on Capital Employed

Gilat Satellite Networks has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Gilat Satellite Networks's financial position?


Financial Position Analysis

Gilat Satellite Networks is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Gilat Satellite Networks's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Gilat Satellite Networks's level of debt (3.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (17.5% vs 3.7% today).

Debt is well covered by operating cash flow (134.1%, greater than 20% of total debt).

Gilat Satellite Networks earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 25.7x debt.


Next Steps

Dividend

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

5.38%

Current Dividend Yield


Dividend Yield and Payments Analysis

Gilat Satellite Networks's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

Gilat Satellite Networks's dividend is above the markets top 25% of dividend payers in United States of America (3.67%).

It is too early to tell whether Gilat Satellite Networks has stable dividend payments.

Gilat Satellite Networks only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


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?

3.8yrs

Average management tenure


CEO

Yona Ovadia (60yo)

3.5yrs

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

Yona's remuneration is lower than average for companies of similar size in United States of America.

Yona's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.8yrs

Average Tenure

53yo

Average Age

The tenure for the Gilat Satellite Networks management team is about average.


Board Age and Tenure

4.8yrs

Average Tenure

57yo

Average Age

The tenure for the Gilat Satellite Networks board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Yossi Gal (58yo)

    Vice President of Sales Operations & Information Technologies

    • Tenure: 8.4yrs
  • Yuval Shani (53yo)

    Chief Operating Officer

    • Tenure: 2.1yrs
    • Compensation: US$472.11k
  • Adi Sfadia (49yo)

    Chief Financial Officer

    • Tenure: 3.8yrs
    • Compensation: US$437.62k
  • Nirit Barnea (51yo)

    Vice President of Human Resources

    • Tenure: 4.3yrs
  • Yael Shofar

    General Counsel & Corporate Secretary

    • Tenure: 0yrs
  • Yona Ovadia (60yo)

    Chief Executive Officer

    • Tenure: 3.5yrs
    • Compensation: US$920.18k

Board Members

  • Dov Baharav (69yo)

    Chairman of the Board

    • Tenure: 5.3yrs
    • Compensation: US$485.65k
  • Homi Shamir (68yo)

    Independent Director

    • Tenure: 3.3yrs
  • Ishay Davidi (57yo)

    Director

    • Tenure: 6.8yrs
  • Dafna Sharir (51yo)

    Independent Director

    • Tenure: 3.3yrs
  • Ami Boehm (48yo)

    Independent Director

    • Tenure: 6.8yrs
  • Dafna Cohen (49yo)

    External Independent Director

    • Tenure: 4.8yrs
  • Elyezer Shkedy (62yo)

    External Director

    • Tenure: 2.3yrs
  • Amir Ofek (43yo)

    Independent Director

    • Tenure: 4.8yrs
  • Lonny Rafaeli (65yo)

    Independent Director

    • Tenure: 3.3yrs

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$464.149m
  • 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

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 Israel, Latin America, Asia, the Asia Pacific, North America, Afric ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 23:45
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.