NasdaqGS:WIFI

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Executive Summary

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices worldwide. More Details


Snowflake Analysis

Slightly overvalued with worrying balance sheet.


Similar Companies

Share Price & News

How has Boingo Wireless's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WIFI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: WIFI's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

2.6%

WIFI

0.08%

US Wireless Telecom

2.1%

US Market


1 Year Return

14.5%

WIFI

51.2%

US Wireless Telecom

19.8%

US Market

Return vs Industry: WIFI underperformed the US Wireless Telecom industry which returned 51.1% over the past year.

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


Shareholder returns

WIFIIndustryMarket
7 Day2.6%0.08%2.1%
30 Day39.8%14.4%8.1%
90 Day2.7%9.7%6.0%
1 Year14.5%14.5%51.6%51.2%22.5%19.8%
3 Year-45.4%-45.4%78.7%74.6%46.5%36.8%
5 Year94.7%94.7%185.8%172.6%96.9%75.3%

Long-Term Price Volatility Vs. Market

How volatile is Boingo Wireless's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Boingo Wireless undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WIFI ($13.08) is trading below our estimate of fair value ($142.27)

Significantly Below Fair Value: WIFI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WIFI is unprofitable, so we can't compare its PE Ratio to the US Wireless Telecom industry average.

PE vs Market: WIFI 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 WIFI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WIFI is overvalued based on its PB Ratio (7x) compared to the US Wireless Telecom industry average (1.9x).


Next Steps

Future Growth

How is Boingo Wireless forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

38.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WIFI is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: WIFI is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: WIFI is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: WIFI's revenue (4.4% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: WIFI's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WIFI is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Boingo Wireless performed over the past 5 years?

26.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WIFI is currently unprofitable.

Growing Profit Margin: WIFI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WIFI is unprofitable, but has reduced losses over the past 5 years at a rate of 26.1% per year.

Accelerating Growth: Unable to compare WIFI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WIFI is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (77.1%).


Return on Equity

High ROE: WIFI has a negative Return on Equity (-22.99%), as it is currently unprofitable.


Next Steps

Financial Health

How is Boingo Wireless's financial position?


Financial Position Analysis

Short Term Liabilities: WIFI's short term assets ($83.7M) do not cover its short term liabilities ($144.6M).

Long Term Liabilities: WIFI's short term assets ($83.7M) do not cover its long term liabilities ($350.6M).


Debt to Equity History and Analysis

Debt Level: WIFI's debt to equity ratio (204.6%) is considered high.

Reducing Debt: WIFI's debt to equity ratio has increased from 16% to 204.6% 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: WIFI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WIFI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Boingo Wireless's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WIFI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WIFI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WIFI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WIFI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WIFI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Mike Finley (59 yo)

1.67yrs

Tenure

US$2,590,375

Compensation

Mr. Michael J. Finley, also known as Mike, serves as Member of Board of Governors at 3G Americas, LLC. Mr. Finley serves as Senior Vice President at Global Business Development at Qualcomm. He has been Chi...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD2.59M) is above average for companies of similar size in the US market ($USD1.79M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Michael Finley
CEO & Director1.67yrsUS$2.59m0.16%
$ 942.8k
Peter Hovenier
CFO, Treasurer & Secretary8yrsUS$1.60m0.85%
$ 5.0m
Derek Peterson
Chief Technology Officer6.83yrsUS$1.15m0.13%
$ 771.6k
Dawn Callahan
Chief Marketing Officer6.75yrsUS$709.92k0.0059%
$ 34.6k
Kimberly Orlando
Associate - Addo Communicationsno datano datano data
Bethany Ellis
Senior Vice President of Human Resources2.5yrsno datano data
Stanley Crair
Senior VP & GM of Military2.5yrsno datano data
Michael Zeto
Senior Vice President of Global Strategy & Emerging Businesses0.67yrno datano data

2.5yrs

Average Tenure

52yo

Average Age

Experienced Management: WIFI's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Finley
CEO & Director1.67yrsUS$2.59m0.16%
$ 942.8k
David Hagan
Independent Director16yrsUS$675.74k2.24%
$ 13.0m
Lance Rosenzweig
Independent Chairman of the Board1.67yrsUS$263.63k0.19%
$ 1.1m
Marc Geller
Member of Advisory Boardno dataUS$174.12kno data
Charles Davis
Independent Director9.25yrsUS$181.75k0.23%
$ 1.3m
Terrell Jones
Independent Director7.42yrsUS$187.92k0.15%
$ 857.6k
David Farber
Member of Advisory Boardno datano datano data
Kathleen Misunas
Independent Director4.42yrsUS$172.42k0.096%
$ 556.5k
Maury Austin
Independent Director4.42yrsUS$186.17k0.10%
$ 600.3k
Roy Chestnutt
Independent Director1.25yrsUS$201.90k0.011%
$ 61.6k
Mike O'Dell
Member of Advisory Boardno datano datano data
Michele Choka
Independent Director1.92yrsUS$382.31k0.0069%
$ 40.2k

4.4yrs

Average Tenure

60yo

Average Age

Experienced Board: WIFI's board of directors are considered experienced (4.4 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

Boingo Wireless, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Boingo Wireless, Inc.
  • Ticker: WIFI
  • Exchange: NasdaqGS
  • Founded: 2001
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: US$582.464m
  • Shares outstanding: 44.53m
  • Website: https://www.boingo.com

Number of Employees


Location

  • Boingo Wireless, Inc.
  • 10960 Wilshire Boulevard
  • 23rd Floor
  • Los Angeles
  • California
  • 90024
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WIFINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 2011
9BIDB (Deutsche Boerse AG)YesCommon StockDEEURMay 2011

Biography

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices worldwide. It offer...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 23:18
End of Day Share Price2020/11/27 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.