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GOGO INC (GOGO) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:GOGO - US38046C1099 - Common Stock

4.735 USD
-0.1 (-2.17%)
Last: 1/21/2026, 11:23:26 AM
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. There are concerns on the financial health of GOGO while its profitability can be described as average. GOGO is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • GOGO had positive earnings in the past year.
  • GOGO had a positive operating cash flow in the past year.
  • Of the past 5 years GOGO 4 years were profitable.
  • GOGO had a positive operating cash flow in each 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

  • GOGO has a Return On Assets of -0.41%. This is in the lower half of the industry: GOGO underperforms 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 decent Return On Invested Capital value of 5.46%, GOGO is doing good in the industry, outperforming 63.64% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for GOGO is above the industry average of 6.24%.
  • 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

  • GOGO's Profit Margin has declined in the last couple of years.
  • GOGO's Operating Margin of 9.26% is in line compared to the rest of the industry. GOGO outperforms 54.55% of its industry peers.
  • GOGO's Operating Margin has declined in the last couple of years.
  • GOGO has a Gross Margin of 47.60%. This is comparable to the rest of the industry: GOGO outperforms 40.91% of its industry peers.
  • GOGO's Gross Margin has declined in the last couple of years.
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. Health

2.1 Basic Checks

  • GOGO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some 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 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

  • GOGO has an Altman-Z score of 0.05. This is a bad value and indicates that GOGO is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of GOGO (0.05) is worse than 77.27% of its industry peers.
  • The Debt to FCF ratio of GOGO is 24.03, which is on the high side as it means it would take GOGO, 24.03 years of fcf income to pay off all of its debts.
  • GOGO has a Debt to FCF ratio of 24.03. This is in the lower half of the industry: GOGO underperforms 68.18% of its industry peers.
  • GOGO has a Debt/Equity ratio of 7.79. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of GOGO (7.79) is worse than 86.36% of its industry peers.
Industry RankSector Rank
Debt/Equity 7.79
Debt/FCF 24.03
Altman-Z 0.05
ROIC/WACC0.61
WACC8.97%
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

  • A Current Ratio of 1.74 indicates that GOGO should not have too much problems paying its short term obligations.
  • GOGO has a Current ratio of 1.74. This is amongst the best in the industry. GOGO outperforms 95.45% of its industry peers.
  • GOGO has a Quick Ratio of 1.40. This is a normal value and indicates that GOGO is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.40, GOGO belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
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

6

3. Growth

3.1 Past

  • GOGO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -87.50%.
  • Measured over the past years, GOGO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -47.56% on average per year.
  • The Revenue has grown by 102.05% in the past year. This is a very strong growth!
  • The Revenue has been growing slightly by 7.55% on average over the past years.
EPS 1Y (TTM)-87.5%
EPS 3Y-47.56%
EPS 5YN/A
EPS Q2Q%-23.08%
Revenue 1Y (TTM)102.05%
Revenue growth 3Y9.83%
Revenue growth 5Y7.55%
Sales Q2Q%122.41%

3.2 Future

  • GOGO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 68.75% yearly.
  • Based on estimates for the next years, GOGO will show a very strong growth in Revenue. The Revenue will grow by 33.67% on average per year.
EPS Next Y24.66%
EPS Next 2Y79.25%
EPS Next 3Y68.75%
EPS Next 5YN/A
Revenue Next Year123.43%
Revenue Next 2Y50.85%
Revenue Next 3Y33.67%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 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 0 1 -1 -2 -3

3

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 78.92 indicates a quite expensive valuation of GOGO.
  • The rest of the industry has a similar Price/Earnings ratio as GOGO.
  • GOGO is valuated expensively when we compare the Price/Earnings ratio to 26.94, which is the current average of the S&P500 Index.
  • GOGO is valuated reasonably with a Price/Forward Earnings ratio of 9.82.
  • 77.27% of the companies in the same industry are more expensive than GOGO, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 23.94. GOGO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 78.92
Fwd PE 9.82
GOGO Price Earnings VS Forward Price EarningsGOGO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GOGO is valued a bit more expensive than 68.18% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, GOGO is valued a bit more expensive than the industry average as 68.18% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 18.23
EV/EBITDA 10.59
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 high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GOGO does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as GOGO's earnings are expected to grow with 68.75% in the coming years.
PEG (NY)3.2
PEG (5Y)N/A
EPS Next 2Y79.25%
EPS Next 3Y68.75%

0

5. Dividend

5.1 Amount

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

GOGO INC

NASDAQ:GOGO (1/21/2026, 11:23:26 AM)

4.735

-0.1 (-2.17%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)11-06
Earnings (Next)03-12
Inst Owners61.47%
Inst Owner Change0.02%
Ins Owners0.21%
Ins Owner Change4.08%
Market Cap633.78M
Revenue(TTM)817.73M
Net Income(TTM)-5.29M
Analysts76
Price Target13.26 (180.04%)
Short Float %24.96%
Short Ratio6.51
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)-7.14%
PT rev (3m)-20%
EPS NQ rev (1m)-75%
EPS NQ rev (3m)-70%
EPS NY rev (1m)-38.89%
EPS NY rev (3m)-42.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.77%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-0.24%
Valuation
Industry RankSector Rank
PE 78.92
Fwd PE 9.82
P/S 0.78
P/FCF 18.23
P/OCF 8.16
P/B 5.93
P/tB N/A
EV/EBITDA 10.59
EPS(TTM)0.06
EY1.27%
EPS(NY)0.48
Fwd EY10.18%
FCF(TTM)0.26
FCFY5.49%
OCF(TTM)0.58
OCFY12.25%
SpS6.11
BVpS0.8
TBVpS-2.55
PEG (NY)3.2
PEG (5Y)N/A
Graham Number1.04
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
WACC8.97%
ROIC/WACC0.61
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)-87.5%
EPS 3Y-47.56%
EPS 5YN/A
EPS Q2Q%-23.08%
EPS Next Y24.66%
EPS Next 2Y79.25%
EPS Next 3Y68.75%
EPS Next 5YN/A
Revenue 1Y (TTM)102.05%
Revenue growth 3Y9.83%
Revenue growth 5Y7.55%
Sales Q2Q%122.41%
Revenue Next Year123.43%
Revenue Next 2Y50.85%
Revenue Next 3Y33.67%
Revenue Next 5YN/A
EBIT growth 1Y-24.49%
EBIT growth 3Y-24.83%
EBIT growth 5Y-11.9%
EBIT Next Year137.38%
EBIT Next 3Y38.96%
EBIT Next 5YN/A
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 4 / 10 to GOGO.


What is the valuation status for GOGO stock?

ChartMill assigns a valuation rating of 3 / 10 to GOGO INC (GOGO). This can be considered as Overvalued.


What is the profitability of GOGO stock?

GOGO INC (GOGO) has a profitability rating of 4 / 10.


How financially healthy is GOGO INC?

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