GOGO INC (GOGO) Fundamental Analysis & Valuation

NASDAQ:GOGO • US38046C1099

4.84 USD
+0.09 (+1.89%)
At close: Mar 3, 2026
4.84 USD
0 (0%)
After Hours: 3/3/2026, 8:15:57 PM

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

Fundamental Rating

3

Overall GOGO gets a fundamental rating of 3 out of 10. We evaluated GOGO against 22 industry peers in the Wireless Telecommunication Services industry. GOGO has a bad profitability rating. Also its financial health evaluation is rather negative. GOGO is not valued too expensively and it also shows a decent growth rate.


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 4 of the past 5 years.
  • GOGO had a positive operating cash flow in 4 of the past 5 years.
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 0 100M -100M 200M -200M

1.2 Ratios

  • The Return On Assets of GOGO (-0.41%) is worse than 72.73% of its industry peers.
  • Looking at the Return On Equity, with a value of -4.95%, GOGO is doing worse than 77.27% of the companies in the same industry.
  • With a Return On Invested Capital value of 5.46%, GOGO perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for GOGO is above the industry average of 6.99%.
  • The last Return On Invested Capital (5.46%) for GOGO is well below the 3 year average (10.98%), which needs to be investigated, but indicates that GOGO had better years and this may not be a problem.
Industry RankSector Rank
ROA -0.41%
ROE -4.95%
ROIC 5.46%
ROA(3y)10.63%
ROA(5y)3.67%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.98%
ROIC(5y)15.49%
GOGO Yearly ROA, ROE, ROICGOGO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300

1.3 Margins

  • In the last couple of years the Profit Margin of GOGO has declined.
  • GOGO has a Operating Margin of 9.26%. This is comparable to the rest of the industry: GOGO outperforms 50.00% of its industry peers.
  • GOGO's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 47.60%, GOGO is doing worse than 63.64% of the companies in the same industry.
  • In the last couple of years the Gross Margin of GOGO has declined.
Industry RankSector Rank
OM 9.26%
PM (TTM) N/A
GM 47.6%
OM growth 3Y-31.55%
OM growth 5Y-18.09%
PM growth 3Y-59.19%
PM growth 5YN/A
GM growth 3Y-3.48%
GM growth 5Y-2.12%
GOGO Yearly Profit, Operating, Gross MarginsGOGO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

3

2. GOGO Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GOGO is creating some value.
  • There is no outstanding debt for GOGO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
GOGO Yearly Shares OutstandingGOGO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 500M 1B

2.2 Solvency

  • Based on the Altman-Z score of 0.05, we must say that GOGO is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 0.05, GOGO is not doing good in the industry: 68.18% of the companies in the same industry are doing better.
  • GOGO has a debt to FCF ratio of 24.03. This is a negative value and a sign of low solvency as GOGO would need 24.03 years to pay back of all of its debts.
  • GOGO has a worse Debt to FCF ratio (24.03) than 72.73% of its industry peers.
  • A Debt/Equity ratio of 7.79 is on the high side and indicates that GOGO has dependencies on debt financing.
  • With a Debt to Equity ratio value of 7.79, GOGO is not doing good in the industry: 86.36% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 7.79
Debt/FCF 24.03
Altman-Z 0.05
ROIC/WACC0.67
WACC8.11%
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 0 500M -500M 1B

2.3 Liquidity

  • GOGO has a Current Ratio of 1.74. This is a normal value and indicates that GOGO is financially healthy and should not expect problems in meeting its short term obligations.
  • GOGO's Current ratio of 1.74 is amongst the best of the industry. GOGO outperforms 90.91% of its industry peers.
  • A Quick Ratio of 1.40 indicates that GOGO should not have too much problems paying its short term obligations.
  • GOGO has a Quick ratio of 1.40. This is amongst the best in the industry. GOGO outperforms 86.36% of its industry peers.
Industry RankSector Rank
Current Ratio 1.74
Quick Ratio 1.4
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 200M 400M 600M

4

3. GOGO Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 40.00% over the past year.
  • GOGO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -33.37% yearly.
EPS 1Y (TTM)40%
EPS 3Y-33.37%
EPS 5YN/A
EPS Q2Q%68.18%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%67.32%

3.2 Future

  • Based on estimates for the next years, GOGO will show a very strong growth in Earnings Per Share. The EPS will grow by 67.64% on average per year.
  • GOGO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.77% yearly.
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.
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

4

4. GOGO Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 23.05, which indicates a rather expensive current valuation of GOGO.
  • The rest of the industry has a similar Price/Earnings ratio as GOGO.
  • GOGO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.83.
  • With a Price/Forward Earnings ratio of 11.64, the valuation of GOGO can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, GOGO is valued a bit cheaper than 77.27% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.95, GOGO is valued rather cheaply.
Industry RankSector Rank
PE 23.05
Fwd PE 11.64
GOGO Price Earnings VS Forward Price EarningsGOGO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOGO indicates a slightly more expensive valuation: GOGO is more expensive than 68.18% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GOGO indicates a slightly more expensive valuation: GOGO is more expensive than 63.64% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.74
EV/EBITDA 10.62
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.
  • A more expensive valuation may be justified as GOGO's earnings are expected to grow with 67.64% in the coming years.
PEG (NY)0.24
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 (3/3/2026, 8:15:57 PM)

After market: 4.84 0 (0%)

4.84

+0.09 (+1.89%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)02-27
Earnings (Next)05-07
Inst Owners61.47%
Inst Owner Change-6.44%
Ins Owners0.21%
Ins Owner Change4.04%
Market Cap651.85M
Revenue(TTM)N/A
Net Income(TTM)-5.29M
Analysts76
Price Target10.88 (124.79%)
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)8.39%
Min EPS beat(2)-23.27%
Max EPS beat(2)40.06%
EPS beat(4)2
Avg EPS beat(4)-226.46%
Min EPS beat(4)-929.56%
Max EPS beat(4)40.06%
EPS beat(8)5
Avg EPS beat(8)-77.14%
EPS beat(12)9
Avg EPS beat(12)-17.11%
EPS beat(16)12
Avg EPS beat(16)102.45%
Revenue beat(2)1
Avg Revenue beat(2)-0.34%
Min Revenue beat(2)-1.36%
Max Revenue beat(2)0.67%
Revenue beat(4)3
Avg Revenue beat(4)10.84%
Min Revenue beat(4)-1.36%
Max Revenue beat(4)38.77%
Revenue beat(8)6
Avg Revenue beat(8)6.38%
Revenue beat(12)6
Avg Revenue beat(12)3.01%
Revenue beat(16)10
Avg Revenue beat(16)2.63%
PT rev (1m)-17.95%
PT rev (3m)-23.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-87.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-40%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.34%
Valuation
Industry RankSector Rank
PE 23.05
Fwd PE 11.64
P/S 0.8
P/FCF 18.74
P/OCF 8.39
P/B 6.09
P/tB N/A
EV/EBITDA 10.62
EPS(TTM)0.21
EY4.34%
EPS(NY)0.42
Fwd EY8.59%
FCF(TTM)0.26
FCFY5.33%
OCF(TTM)0.58
OCFY11.91%
SpS6.07
BVpS0.79
TBVpS-2.53
PEG (NY)0.24
PEG (5Y)N/A
Graham Number1.94
Profitability
Industry RankSector Rank
ROA -0.41%
ROE -4.95%
ROCE 7.2%
ROIC 5.46%
ROICexc 6.26%
ROICexgc 12.23%
OM 9.26%
PM (TTM) N/A
GM 47.6%
FCFM 4.25%
ROA(3y)10.63%
ROA(5y)3.67%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.98%
ROIC(5y)15.49%
ROICexc(3y)13.98%
ROICexc(5y)N/A
ROICexgc(3y)16.46%
ROICexgc(5y)N/A
ROCE(3y)14.49%
ROCE(5y)20.44%
ROICexgc growth 3Y-41%
ROICexgc growth 5Y-6.98%
ROICexc growth 3Y-49.04%
ROICexc growth 5Y-16%
OM growth 3Y-31.55%
OM growth 5Y-18.09%
PM growth 3Y-59.19%
PM growth 5YN/A
GM growth 3Y-3.48%
GM growth 5Y-2.12%
F-Score5
Asset Turnover0.63
Health
Industry RankSector Rank
Debt/Equity 7.79
Debt/FCF 24.03
Debt/EBITDA 6.54
Cap/Depr 82.96%
Cap/Sales 5.25%
Interest Coverage 1.04
Cash Conversion 60.95%
Profit Quality N/A
Current Ratio 1.74
Quick Ratio 1.4
Altman-Z 0.05
F-Score5
WACC8.11%
ROIC/WACC0.67
Cap/Depr(3y)227.62%
Cap/Depr(5y)160.48%
Cap/Sales(3y)8.16%
Cap/Sales(5y)6.08%
Profit Quality(3y)66.76%
Profit Quality(5y)N/A
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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%67.32%
Revenue Next Year0.93%
Revenue Next 2Y1.98%
Revenue Next 3Y0.77%
Revenue Next 5YN/A
EBIT growth 1Y-24.49%
EBIT growth 3Y-24.83%
EBIT growth 5Y-11.9%
EBIT Next Year140.79%
EBIT Next 3Y35.63%
EBIT Next 5Y28.57%
FCF growth 1Y-37.45%
FCF growth 3Y-33.57%
FCF growth 5YN/A
OCF growth 1Y-7.87%
OCF growth 3Y-10.46%
OCF growth 5YN/A

GOGO INC / GOGO FAQ

Can you provide the ChartMill fundamental rating for GOGO INC?

ChartMill assigns a fundamental rating of 3 / 10 to GOGO.


What is the valuation status for GOGO stock?

ChartMill assigns a valuation rating of 4 / 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.