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Boingo Wireless

Nasdaq:WIFI
Snowflake Description

Reasonable growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WIFI
Nasdaq
$788M
Market Cap
  1. Home
  2. US
  3. Telecom
Company description

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices worldwide. The last earnings update was 48 days ago. More info.


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  • Boingo Wireless has significant price volatility in the past 3 months.
WIFI Share Price and Events
7 Day Returns
-11.2%
NasdaqGS:WIFI
-3.9%
US Wireless Telecom
-0.4%
US Market
1 Year Returns
-19.4%
NasdaqGS:WIFI
21.2%
US Wireless Telecom
4.3%
US Market
WIFI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Boingo Wireless (WIFI) -11.2% -12.4% -23.1% -19.4% 100.8% 154%
US Wireless Telecom -3.9% -1.6% 10% 21.2% 43.6% 6.6%
US Market -0.4% 2.8% 2.7% 4.3% 40.9% 38.2%
1 Year Return vs Industry and Market
  • WIFI underperformed the Wireless Telecom industry which returned 21.2% over the past year.
  • WIFI underperformed the Market in United States of America which returned 4.3% over the past year.
Price Volatility
WIFI
Industry
5yr Volatility vs Market

WIFI Value

 Is Boingo Wireless undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Boingo Wireless to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Boingo Wireless.

NasdaqGS:WIFI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:WIFI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Wireless Telecom Unlevered Beta Simply Wall St/ S&P Global 0.33
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.326 (1 + (1- 21%) (23.93%))
0.589
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqGS:WIFI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Boingo Wireless is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:WIFI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.5%)
2019 -16.07 Analyst x2 -14.95
2020 90.00 Analyst x1 77.88
2021 153.98 Est @ 71.09% 123.96
2022 231.88 Est @ 50.58% 173.64
2023 315.88 Est @ 36.23% 220.05
2024 398.57 Est @ 26.18% 258.29
2025 474.88 Est @ 19.14% 286.27
2026 542.40 Est @ 14.22% 304.17
2027 600.84 Est @ 10.77% 313.44
2028 651.07 Est @ 8.36% 315.95
Present value of next 10 years cash flows $2,058.71
NasdaqGS:WIFI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $651.07 × (1 + 2.73%) ÷ (7.5% – 2.73%)
$14,027.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $14,027.67 ÷ (1 + 7.5%)10
$6,807.41
NasdaqGS:WIFI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,058.71 + $6,807.41
$8,866.12
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $8,866.12 / 43.99
$201.57
NasdaqGS:WIFI Discount to Share Price
Calculation Result
Value per share (USD) From above. $201.57
Current discount Discount to share price of $17.91
= -1 x ($17.91 - $201.57) / $201.57
91.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Boingo Wireless is available for.
Intrinsic value
>50%
Share price is $17.91 vs Future cash flow value of $201.57
Current Discount Checks
For Boingo Wireless to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Boingo Wireless's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Boingo Wireless's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Boingo Wireless's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Boingo Wireless's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:WIFI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.07
NasdaqGS:WIFI Share Price ** NasdaqGS (2019-06-26) in USD $17.91
United States of America Wireless Telecom Industry PE Ratio Median Figure of 7 Publicly-Listed Wireless Telecom Companies 25.49x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Boingo Wireless.

NasdaqGS:WIFI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:WIFI Share Price ÷ EPS (both in USD)

= 17.91 ÷ -0.07

-242.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boingo Wireless is loss making, we can't compare its value to the US Wireless Telecom industry average.
  • Boingo Wireless is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Boingo Wireless's expected growth come at a high price?
Raw Data
NasdaqGS:WIFI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -242.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
73.5%per year
United States of America Wireless Telecom Industry PEG Ratio Median Figure of 6 Publicly-Listed Wireless Telecom Companies 1.9x
United States of America Market PEG Ratio Median Figure of 2,133 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Boingo Wireless, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Boingo Wireless's assets?
Raw Data
NasdaqGS:WIFI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $2.10
NasdaqGS:WIFI Share Price * NasdaqGS (2019-06-26) in USD $17.91
United States of America Wireless Telecom Industry PB Ratio Median Figure of 13 Publicly-Listed Wireless Telecom Companies 1.76x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.78x
NasdaqGS:WIFI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:WIFI Share Price ÷ Book Value per Share (both in USD)

= 17.91 ÷ 2.10

8.52x

* Primary Listing of Boingo Wireless.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boingo Wireless is overvalued based on assets compared to the US Wireless Telecom industry average.
X
Value checks
We assess Boingo Wireless's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Wireless Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Wireless Telecom industry average (and greater than 0)? (1 check)
  5. Boingo Wireless has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WIFI Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
73.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Boingo Wireless expected to grow at an attractive rate?
  • Boingo Wireless's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Boingo Wireless's earnings growth is expected to exceed the United States of America market average.
  • Boingo Wireless's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:WIFI Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:WIFI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 73.5%
NasdaqGS:WIFI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 10.5%
United States of America Wireless Telecom Industry Earnings Growth Rate Market Cap Weighted Average 16%
United States of America Wireless Telecom Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:WIFI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:WIFI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 427 191 35 1
2022-12-31 382 165 16 1
2021-12-31 342 144 3 1
2020-12-31 307 122 -9 8
2019-12-31 277 110 -16 9
NasdaqGS:WIFI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 259 100 -3
2018-12-31 251 93 -1
2018-09-30 240 101 -3
2018-06-30 229 83 -6
2018-03-31 218 89 -16
2017-12-31 204 98 -19
2017-09-30 192 89 -23
2017-06-30 179 107 -25
2017-03-31 169 100 -24
2016-12-31 159 115 -27
2016-09-30 153 142 -27
2016-06-30 150 119 -26

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Boingo Wireless's earnings are expected to grow significantly at over 20% yearly.
  • Boingo Wireless's revenue is expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:WIFI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Boingo Wireless Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WIFI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 -0.21 0.03 -0.43 7.00
2019-12-31 -0.38 -0.30 -0.46 8.00
NasdaqGS:WIFI Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.07
2018-12-31 -0.03
2018-09-30 -0.06
2018-06-30 -0.14
2018-03-31 -0.39
2017-12-31 -0.49
2017-09-30 -0.58
2017-06-30 -0.65
2017-03-31 -0.63
2016-12-31 -0.72
2016-09-30 -0.71
2016-06-30 -0.69

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Boingo Wireless will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Boingo Wireless's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Boingo Wireless has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WIFI Past Performance

  How has Boingo Wireless performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Boingo Wireless's growth in the last year to its industry (Wireless Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Boingo Wireless does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Boingo Wireless's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Boingo Wireless's 1-year growth to the US Wireless Telecom industry average as it is not currently profitable.
Earnings and Revenue History
Boingo Wireless's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Boingo Wireless Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WIFI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 259.14 -3.14 53.95 32.95
2018-12-31 250.82 -1.22 52.95 31.37
2018-09-30 240.36 -2.66 52.65 29.82
2018-06-30 228.76 -5.58 52.39 28.65
2018-03-31 218.20 -15.72 56.67 27.85
2017-12-31 204.37 -19.37 56.50 26.75
2017-09-30 192.00 -22.72 54.35 25.93
2017-06-30 179.14 -24.98 52.40 24.50
2017-03-31 169.18 -24.23 48.62 23.11
2016-12-31 159.34 -27.33 48.45 22.13
2016-09-30 153.14 -26.61 46.28 21.18
2016-06-30 149.53 -25.72 45.29 20.79
2016-03-31 144.73 -24.39 43.18 20.31
2015-12-31 139.63 -22.29 42.01 19.15
2015-09-30 134.48 -25.16 40.17 17.65
2015-06-30 128.12 -24.16 37.99 16.61
2015-03-31 122.24 -21.96 36.13 14.99
2014-12-31 119.30 -19.52 33.35 14.47
2014-09-30 114.44 -15.80 32.51 13.75
2014-06-30 112.22 -11.63 30.93 12.41
2014-03-31 110.06 -8.30 29.92 11.97
2013-12-31 106.75 -3.97 28.96 11.43
2013-09-30 105.98 0.23 27.63 11.46
2013-06-30 103.39 2.66 26.67 11.14
2013-03-31 101.45 4.52 24.65 11.25
2012-12-31 102.51 7.30 22.91 10.77
2012-09-30 100.41 7.75 22.03 10.03
2012-06-30 99.08 6.64 21.69 10.18

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Boingo Wireless has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Boingo Wireless used its assets less efficiently than the US Wireless Telecom industry average last year based on Return on Assets.
  • It is difficult to establish if Boingo Wireless improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Boingo Wireless's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Wireless Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Boingo Wireless has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WIFI Health

 How is Boingo Wireless's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Boingo Wireless's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Boingo Wireless's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Boingo Wireless's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Boingo Wireless's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Boingo Wireless Company Filings, last reported 2 months ago.

NasdaqGS:WIFI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 94.54 160.54 105.90
2018-12-31 130.12 151.67 149.41
2018-09-30 111.75 15.22 12.63
2018-06-30 108.54 0.44 12.95
2018-03-31 100.78 0.66 18.55
2017-12-31 99.03 0.88 26.69
2017-09-30 96.77 8.26 21.63
2017-06-30 92.75 8.70 22.32
2017-03-31 93.93 14.10 18.98
2016-12-31 98.55 16.97 19.49
2016-09-30 99.30 16.97 13.20
2016-06-30 102.11 22.19 9.29
2016-03-31 106.45 22.41 14.65
2015-12-31 112.04 17.90 14.72
2015-09-30 112.59 18.06 8.56
2015-06-30 117.01 13.26 20.52
2015-03-31 120.92 8.52 10.62
2014-12-31 127.43 3.50 10.46
2014-09-30 132.24 0.00 21.29
2014-06-30 133.87 0.00 37.86
2014-03-31 135.75 0.00 50.80
2013-12-31 140.43 0.00 60.30
2013-09-30 146.85 0.00 81.24
2013-06-30 147.54 0.00 87.52
2013-03-31 147.79 0.00 91.87
2012-12-31 144.50 0.00 99.70
2012-09-30 142.63 0.00 94.57
2012-06-30 138.45 0.00 98.22
  • Boingo Wireless's level of debt (176.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 176.5% today).
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.

  • Boingo Wireless has sufficient cash runway for 2.4 years based on current free cash flow.
  • Boingo Wireless has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 60.2% each year.
X
Financial health checks
We assess Boingo Wireless's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Boingo Wireless has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WIFI Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Boingo Wireless dividends. Estimated to be 0% next year.
If you bought $2,000 of Boingo Wireless shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Boingo Wireless's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Boingo Wireless's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:WIFI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Wireless Telecom Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 6.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:WIFI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Boingo Wireless has not reported any payouts.
  • Unable to verify if Boingo Wireless's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Boingo Wireless's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Boingo Wireless has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Boingo Wireless's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Boingo Wireless's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Boingo Wireless afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Boingo Wireless has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WIFI Management

 What is the CEO of Boingo Wireless's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Finley
COMPENSATION $195,893
AGE 57
TENURE AS CEO 0.3 years
CEO Bio

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 Chief Executive Officer of Boingo Wireless, Inc., since March 18, 2019. Mr. Finley served as Vice President of Worldwide Carrier Relations at Qualcomm. He has nearly 30 years of experience in wireless telecommunications, including more than 20 years of executive leadership for companies such as Verizon, Sprint, Nextel and AirTouch Cellular. Mr. Finley served as President of the West Region at Sprint Nextel from 2006 to 2008 and a Senior Vice President of Sprint Corporation. He joined Nextel in 2002 as Area Vice President of Southern California and served as its Senior Vice President of General Business for the U.S. He served as a Senior Vice President of Wingcast. From 1993 to 2001, he served as President of Verizon Wireless in Southern California, Vice President and General Manager in Sacramento and served as Vice President of Sales in Ohio for Airtouch Cellular. He served at Cellular One and McCaw Cellular. He began his career in communications in 1985 as a Co-Founder of Celluland. He has been a Director of Boingo Wireless, Inc. since August 6, 2013. He has been a Director of MMRGlobal, Inc., since October 2011. He serves as a Member of the Advisory Board at MyMedicalRecords Inc. He is a Board Member of the Los Angeles Sports and Entertainment Commission and a Member of the Region 1 Homeland Security Advisory Council and the Creighton University Hall of Fame. He served as Member of Advisory Board at MMRGlobal, Inc. from December 13, 2010 to October 2011. He is a respected leader in the telecommunications industry long-recognized for creating and growing businesses. Mr. Finley is a graduate of Creighton University with a BS and a BA in Marketing and attended the General Manager Program in Executive Education at Harvard Business School.

CEO Compensation
  • Mike's compensation has increased whilst company is loss making.
  • Mike's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Boingo Wireless management team in years:

1.1
Average Tenure
55
Average Age
  • The average tenure for the Boingo Wireless management team is less than 2 years, this suggests a new team.
Management Team

Mike Finley

TITLE
CEO & Director
COMPENSATION
$196K
AGE
57
TENURE
0.3 yrs

Pete Hovenier

TITLE
CFO, Treasurer & Secretary
COMPENSATION
$669K
AGE
50
TENURE
6.6 yrs

Tom Tracey

TITLE
Senior Vice President of Operations
COMPENSATION
$793K
AGE
55
TENURE
0.1 yrs

Derek Peterson

TITLE
Chief Technology Officer
COMPENSATION
$825K
AGE
47
TENURE
5.4 yrs

Dawn Callahan

TITLE
Chief Marketing Officer
COMPENSATION
$803K
AGE
48
TENURE
5.3 yrs

Kim Orlando

TITLE
Associate - Addo Communications

Lauren De La Fuente

TITLE
Vice President of Marketing & Communications
AGE
55

Bethany Ellis

TITLE
Senior Vice President of Human Resources
TENURE
1.1 yrs

Bruce Crair

TITLE
Senior Vice President of Multifamily & Military Business Development
AGE
62
TENURE
1.1 yrs

Mark Deshaies

TITLE
Senior Vice President of Commercial Wireless Group
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Boingo Wireless board of directors in years:

5.8
Average Tenure
57.5
Average Age
  • The tenure for the Boingo Wireless board of directors is about average.
Board of Directors

Lance Rosenzweig

TITLE
Chairman of the Board
COMPENSATION
$281K
AGE
55
TENURE
0.3 yrs

Mike Finley

TITLE
CEO & Director
COMPENSATION
$196K
AGE
57
TENURE
5.8 yrs

Chuck Davis

TITLE
Director
COMPENSATION
$191K
AGE
57
TENURE
7.8 yrs

Maury Austin

TITLE
Director
COMPENSATION
$197K
AGE
60
TENURE
3 yrs

Michele Choka

TITLE
Director
COMPENSATION
$3K
AGE
58
TENURE
0.5 yrs

Dave Hagan

TITLE
Director
COMPENSATION
$1M
AGE
57
TENURE
14.6 yrs

Marc Geller

TITLE
Member of Advisory Board
COMPENSATION
$69K
AGE
72

Mike O'Dell

TITLE
Member of Advisory Board

David Farber

TITLE
Member of Advisory Board

Terry Jones

TITLE
Director
COMPENSATION
$198K
AGE
70
TENURE
6 yrs
Who owns this company?
Recent Insider Trading
  • Boingo Wireless individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. May 19 Sell Derek Peterson Individual 16. May 19 16. May 19 -11,628 $21.77 $-253,142
03. May 19 Sell Peter Hovenier Individual 01. May 19 01. May 19 -5,000 $22.72 $-113,600
22. Aug 18 Sell Dawn Callahan Individual 20. Aug 18 21. Aug 18 -29,953 $31.95 $-942,748
08. Aug 18 Sell Michael Finley Individual 06. Aug 18 06. Aug 18 -7,000 $31.13 $-217,910
08. Aug 18 Sell Tom Tracey Individual 06. Aug 18 06. Aug 18 -15,000 $31.36 $-470,400
X
Management checks
We assess Boingo Wireless's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Boingo Wireless has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WIFI News

Simply Wall St News

Introducing Boingo Wireless (NASDAQ:WIFI), The Stock That Zoomed 174% In The Last Five Years

Check out our latest analysis for Boingo Wireless Because Boingo Wireless is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … In the last 5 years Boingo Wireless saw its revenue grow at 18% per year. … Boingo Wireless seems like a high growth stock - so growth investors might want to add it to their watchlist.

Simply Wall St -

Before You Buy Boingo Wireless, Inc. (NASDAQ:WIFI), Consider Its Volatility

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Much Are Boingo Wireless, Inc. (NASDAQ:WIFI) Insiders Taking Off The Table?

It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last year Boingo Wireless insiders didn't buy any company stock

Simply Wall St -

Is Boingo Wireless, Inc.'s (NASDAQ:WIFI) CEO Salary Justified?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Dave Hagan's Compensation Compare With Similar Sized Companies. … is worth US$926m, and total annual CEO compensation is US$1.3m.

Simply Wall St -

Is Now An Opportune Moment To Examine Boingo Wireless, Inc. (NASDAQ:WIFI)?

led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. … With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Today I will analyse the most recent data on Boingo Wireless’s outlook and valuation to see if the opportunity still exists.

Simply Wall St -

Is Boingo Wireless, Inc.'s (NASDAQ:WIFI) Balance Sheet Strong Enough To Weather A Storm?

(NASDAQ:WIFI) is a small-cap stock with a market capitalization of US$1.0b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Wireless Telecom businesses operating in the environment facing headwinds from current disruption,

Simply Wall St -

Boingo Wireless, Inc.'s (NASDAQ:WIFI) Path To Profitability

Boingo Wireless, Inc.'s (NASDAQ:WIFI):. … Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices. … Consensus from the 9 Wireless Telecom analysts is WIFI is on the verge of breakeven.

Simply Wall St -

How Does Investing In Boingo Wireless, Inc. (NASDAQ:WIFI) Impact The Volatility Of Your Portfolio?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Is Boingo Wireless Inc's (NASDAQ:WIFI) CEO Overpaid Relative To Its Peers?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Dave Hagan's Compensation Compare With Similar Sized Companies. … Our data indicates that Boingo Wireless Inc is worth US$1.1b, and total annual CEO compensation is US$1.3m.

Simply Wall St -

What You Must Know About Boingo Wireless Inc's (NASDAQ:WIFI) Financial Strength

Investors are always looking for growth in small-cap stocks like Boingo Wireless Inc (NASDAQ:WIFI), with a market cap of US$1.3b. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Wireless Telecom industry facing headwinds from current disruption,.

Simply Wall St -

WIFI Company Info

Description

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices worldwide. The company offers distributed antenna systems and small cell networks at managed and operated locations; high-speed Wi-Fi services for residential consumers on military bases and at multifamily properties; and wholesale Wi-Fi services to network operators, device manufacturers, technology companies, enterprise software and services companies, venue operators, and financial services companies, as well as retail Internet access services. It serves largest carriers, telecommunications service providers, global consumer brands, and property owners, as well as troops stationed at military bases and Internet savvy consumers. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

Details
Name: Boingo Wireless, Inc.
WIFI
Exchange: NasdaqGS
Founded: 2001
$787,774,340
43,985,167
Website: http://www.boingo.com
Address: Boingo Wireless, Inc.
10960 Wilshire Boulevard,
23rd Floor,
Los Angeles,
California, 90024,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS WIFI Common Stock Nasdaq Global Select US USD 04. May 2011
DB 9BI Common Stock Deutsche Boerse AG DE EUR 04. May 2011
Number of employees
Current staff
Staff numbers
462
Boingo Wireless employees.
Industry
Wireless Telecommunication Services
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/27 00:24
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/06/14
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.