GOGO INC (GOGO) Fundamental Analysis & Valuation

NASDAQ:GOGO • US38046C1099

4.58 USD
-0.05 (-1.08%)
At close: Mar 11, 2026
4.5581 USD
-0.02 (-0.48%)
After Hours: 3/11/2026, 8:00:32 PM

This GOGO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall GOGO gets a fundamental rating of 4 out of 10. We evaluated GOGO against 22 industry peers in the Wireless Telecommunication Services industry. GOGO may be in some trouble as it scores bad on both profitability and health. GOGO is growing strongly while it is still valued neutral. This is a good combination!


Dividend Valuation Growth Profitability Health

3

1. GOGO Profitability Analysis

1.1 Basic Checks

  • GOGO had positive earnings in the past year.
  • GOGO had a positive operating cash flow in the past year.
  • GOGO had positive earnings in each of the past 5 years.
  • In the past 5 years GOGO always reported a positive cash flow from operatings.
GOGO Yearly Net Income VS EBIT VS OCF VS FCFGOGO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M -200M

1.2 Ratios

  • GOGO has a Return On Assets of 0.99%. This is in the lower half of the industry: GOGO underperforms 72.73% of its industry peers.
  • The Return On Equity of GOGO (12.78%) is better than 63.64% of its industry peers.
  • The Return On Invested Capital of GOGO (6.84%) is comparable to the rest of the industry.
  • GOGO had an Average Return On Invested Capital over the past 3 years of 6.91%. This is in line with the industry average of 7.13%.
Industry RankSector Rank
ROA 0.99%
ROE 12.78%
ROIC 6.84%
ROA(3y)6.92%
ROA(5y)11.29%
ROE(3y)130.11%
ROE(5y)N/A
ROIC(3y)6.91%
ROIC(5y)10.02%
GOGO Yearly ROA, ROE, ROICGOGO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100 200 300

1.3 Margins

  • With a Profit Margin value of 1.42%, GOGO is not doing good in the industry: 72.73% of the companies in the same industry are doing better.
  • In the last couple of years the Profit Margin of GOGO has declined.
  • GOGO has a Operating Margin (12.53%) which is comparable to the rest of the industry.
  • GOGO's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 44.27%, GOGO is doing worse than 68.18% of the companies in the same industry.
  • GOGO's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 12.53%
PM (TTM) 1.42%
GM 44.27%
OM growth 3Y-29.14%
OM growth 5Y-15.05%
PM growth 3Y-60.36%
PM growth 5YN/A
GM growth 3Y-12.63%
GM growth 5Y-8.41%
GOGO Yearly Profit, Operating, Gross MarginsGOGO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

3

2. GOGO Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GOGO is destroying value.
  • GOGO has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, GOGO has more shares outstanding
  • Compared to 1 year ago, GOGO has an improved debt to assets ratio.
GOGO Yearly Shares OutstandingGOGO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
GOGO Yearly Total Debt VS Total AssetsGOGO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B

2.2 Solvency

  • GOGO has an Altman-Z score of 0.17. This is a bad value and indicates that GOGO is not financially healthy and even has some risk of bankruptcy.
  • GOGO's Altman-Z score of 0.17 is on the low side compared to the rest of the industry. GOGO is outperformed by 68.18% of its industry peers.
  • The Debt to FCF ratio of GOGO is 16.95, which is on the high side as it means it would take GOGO, 16.95 years of fcf income to pay off all of its debts.
  • GOGO's Debt to FCF ratio of 16.95 is on the low side compared to the rest of the industry. GOGO is outperformed by 63.64% of its industry peers.
  • GOGO has a Debt/Equity ratio of 8.24. This is a high value indicating a heavy dependency on external financing.
  • GOGO has a worse Debt to Equity ratio (8.24) than 86.36% of its industry peers.
Industry RankSector Rank
Debt/Equity 8.24
Debt/FCF 16.95
Altman-Z 0.17
ROIC/WACC0.83
WACC8.22%
GOGO Yearly LT Debt VS Equity VS FCFGOGO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B

2.3 Liquidity

  • A Current Ratio of 1.60 indicates that GOGO should not have too much problems paying its short term obligations.
  • GOGO has a Current ratio of 1.60. This is amongst the best in the industry. GOGO outperforms 86.36% of its industry peers.
  • A Quick Ratio of 1.24 indicates that GOGO should not have too much problems paying its short term obligations.
  • GOGO has a better Quick ratio (1.24) than 81.82% of its industry peers.
Industry RankSector Rank
Current Ratio 1.6
Quick Ratio 1.24
GOGO Yearly Current Assets VS Current LiabilitesGOGO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

7

3. GOGO Growth Analysis

3.1 Past

  • GOGO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.00%, which is quite impressive.
  • Measured over the past years, GOGO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -33.37% on average per year.
  • GOGO shows a strong growth in Revenue. In the last year, the Revenue has grown by 104.74%.
  • GOGO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.55% yearly.
EPS 1Y (TTM)40%
EPS 3Y-33.37%
EPS 5YN/A
EPS Q2Q%68.18%
Revenue 1Y (TTM)104.74%
Revenue growth 3Y31.1%
Revenue growth 5Y27.55%
Sales Q2Q%67.32%

3.2 Future

  • The Earnings Per Share is expected to grow by 67.64% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 0.77% on average over the next years.
EPS Next Y97.93%
EPS Next 2Y73.18%
EPS Next 3Y67.64%
EPS Next 5YN/A
Revenue Next Year0.93%
Revenue Next 2Y1.98%
Revenue Next 3Y0.77%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GOGO Yearly Revenue VS EstimatesGOGO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M
GOGO Yearly EPS VS EstimatesGOGO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 -1 -2 -3

5

4. GOGO Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 21.81, which indicates a rather expensive current valuation of GOGO.
  • GOGO's Price/Earnings ratio is in line with the industry average.
  • GOGO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.15.
  • With a Price/Forward Earnings ratio of 11.02, the valuation of GOGO can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GOGO indicates a somewhat cheap valuation: GOGO is cheaper than 77.27% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, GOGO is valued rather cheaply.
Industry RankSector Rank
PE 21.81
Fwd PE 11.02
GOGO Price Earnings VS Forward Price EarningsGOGO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOGO is on the same level as its industry peers.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GOGO is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 12.5
EV/EBITDA 7.62
GOGO Per share dataGOGO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • GOGO's earnings are expected to grow with 67.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y73.18%
EPS Next 3Y67.64%

0

5. GOGO Dividend Analysis

5.1 Amount

  • GOGO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

GOGO Fundamentals: All Metrics, Ratios and Statistics

GOGO INC

NASDAQ:GOGO (3/11/2026, 8:00:32 PM)

After market: 4.5581 -0.02 (-0.48%)

4.58

-0.05 (-1.08%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)02-27
Earnings (Next)05-07
Inst Owners57.78%
Inst Owner Change-6.44%
Ins Owners0.21%
Ins Owner Change4.08%
Market Cap616.83M
Revenue(TTM)910.49M
Net Income(TTM)12.92M
Analysts76
Price Target10.88 (137.55%)
Short Float %29.27%
Short Ratio9.81
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-487.49%
Min EPS beat(2)-1015.03%
Max EPS beat(2)40.06%
EPS beat(4)2
Avg EPS beat(4)-247.82%
Min EPS beat(4)-1015.03%
Max EPS beat(4)40.06%
EPS beat(8)4
Avg EPS beat(8)-204.48%
EPS beat(12)8
Avg EPS beat(12)-104.38%
EPS beat(16)11
Avg EPS beat(16)-73.06%
Revenue beat(2)1
Avg Revenue beat(2)0.08%
Min Revenue beat(2)-1.36%
Max Revenue beat(2)1.52%
Revenue beat(4)3
Avg Revenue beat(4)1.53%
Min Revenue beat(4)-1.36%
Max Revenue beat(4)5.29%
Revenue beat(8)7
Avg Revenue beat(8)6.64%
Revenue beat(12)7
Avg Revenue beat(12)3.21%
Revenue beat(16)10
Avg Revenue beat(16)2.66%
PT rev (1m)0%
PT rev (3m)-23.81%
EPS NQ rev (1m)25%
EPS NQ rev (3m)-20.45%
EPS NY rev (1m)-7.39%
EPS NY rev (3m)-44.93%
Revenue NQ rev (1m)3.52%
Revenue NQ rev (3m)3.52%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.07%
Valuation
Industry RankSector Rank
PE 21.81
Fwd PE 11.02
P/S 0.68
P/FCF 12.5
P/OCF 4.95
P/B 6.1
P/tB N/A
EV/EBITDA 7.62
EPS(TTM)0.21
EY4.59%
EPS(NY)0.42
Fwd EY9.08%
FCF(TTM)0.37
FCFY8%
OCF(TTM)0.92
OCFY20.18%
SpS6.76
BVpS0.75
TBVpS-2.53
PEG (NY)0.22
PEG (5Y)N/A
Graham Number1.88
Profitability
Industry RankSector Rank
ROA 0.99%
ROE 12.78%
ROCE 11.03%
ROIC 6.84%
ROICexc 7.78%
ROICexgc 15.14%
OM 12.53%
PM (TTM) 1.42%
GM 44.27%
FCFM 5.42%
ROA(3y)6.92%
ROA(5y)11.29%
ROE(3y)130.11%
ROE(5y)N/A
ROIC(3y)6.91%
ROIC(5y)10.02%
ROICexc(3y)8.14%
ROICexc(5y)13.2%
ROICexgc(3y)11.97%
ROICexgc(5y)16.78%
ROCE(3y)11.14%
ROCE(5y)16.16%
ROICexgc growth 3Y-8.25%
ROICexgc growth 5YN/A
ROICexc growth 3Y-23.91%
ROICexc growth 5YN/A
OM growth 3Y-29.14%
OM growth 5Y-15.05%
PM growth 3Y-60.36%
PM growth 5YN/A
GM growth 3Y-12.63%
GM growth 5Y-8.41%
F-Score5
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 8.24
Debt/FCF 16.95
Debt/EBITDA 4.78
Cap/Depr 124.69%
Cap/Sales 8.26%
Interest Coverage 1.47
Cash Conversion 71.4%
Profit Quality 381.72%
Current Ratio 1.6
Quick Ratio 1.24
Altman-Z 0.17
F-Score5
WACC8.22%
ROIC/WACC0.83
Cap/Depr(3y)137.18%
Cap/Depr(5y)172.74%
Cap/Sales(3y)6.8%
Cap/Sales(5y)7.07%
Profit Quality(3y)174.63%
Profit Quality(5y)122.82%
High Growth Momentum
Growth
EPS 1Y (TTM)40%
EPS 3Y-33.37%
EPS 5YN/A
EPS Q2Q%68.18%
EPS Next Y97.93%
EPS Next 2Y73.18%
EPS Next 3Y67.64%
EPS Next 5YN/A
Revenue 1Y (TTM)104.74%
Revenue growth 3Y31.1%
Revenue growth 5Y27.55%
Sales Q2Q%67.32%
Revenue Next Year0.93%
Revenue Next 2Y1.98%
Revenue Next 3Y0.77%
Revenue Next 5YN/A
EBIT growth 1Y122.51%
EBIT growth 3Y-7.1%
EBIT growth 5Y8.35%
EBIT Next Year63.66%
EBIT Next 3Y24.69%
EBIT Next 5YN/A
FCF growth 1Y243.37%
FCF growth 3Y-2.67%
FCF growth 5Y-25.55%
OCF growth 1Y200.55%
OCF growth 3Y6.38%
OCF growth 5Y-11.14%

GOGO INC / GOGO FAQ

Can you provide the ChartMill fundamental rating for GOGO INC?

ChartMill assigns a fundamental rating of 4 / 10 to GOGO.


What is the valuation status for GOGO stock?

ChartMill assigns a valuation rating of 5 / 10 to GOGO INC (GOGO). This can be considered as Fairly Valued.


What is the profitability of GOGO stock?

GOGO INC (GOGO) has a profitability rating of 3 / 10.


How financially healthy is GOGO INC?

The financial health rating of GOGO INC (GOGO) is 3 / 10.