GOGO INC (GOGO) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:GOGO • US38046C1099

4.14 USD
-0.1 (-2.36%)
At close: Feb 4, 2026
4.15 USD
+0.01 (+0.24%)
After Hours: 2/4/2026, 8:24:49 PM
Fundamental Rating

4

GOGO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 22 industry peers in the Wireless Telecommunication Services industry. While GOGO is still in line with the averages on profitability rating, there are concerns on its financial health. GOGO is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year GOGO was profitable.
  • GOGO had a positive operating cash flow in the past year.
  • GOGO had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years GOGO had a positive operating cash flow.
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

  • With a Return On Assets value of -0.41%, GOGO is not doing good in the industry: 72.73% of the companies in the same industry are doing better.
  • GOGO's Return On Equity of -4.95% is on the low side compared to the rest of the industry. GOGO is outperformed by 77.27% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 5.46%, GOGO is in line with its industry, outperforming 59.09% of the companies in the same industry.
  • GOGO had an Average Return On Invested Capital over the past 3 years of 10.98%. This is above the industry average of 6.60%.
  • 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 has a Operating Margin (9.26%) which is comparable to the rest of the industry.
  • GOGO's Operating Margin has declined in the last couple of years.
  • GOGO has a Gross Margin (47.60%) which is comparable to the rest of the 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. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GOGO is still creating some value.
  • The number of shares outstanding for GOGO has been increased compared to 1 year ago.
  • The number of shares outstanding for GOGO has been increased compared to 5 years ago.
  • The debt/assets ratio for GOGO has been reduced compared to a year ago.
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 0.01, we must say that GOGO is in the distress zone and has some risk of bankruptcy.
  • GOGO's Altman-Z score of 0.01 is on the low side compared to the rest of the industry. GOGO is outperformed by 72.73% of its industry peers.
  • 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 0.01
ROIC/WACC0.63
WACC8.73%
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.
  • 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.
  • GOGO's Quick ratio of 1.40 is amongst the best of 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

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%.
  • GOGO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -47.56% yearly.
  • Looking at the last year, GOGO shows a very strong growth in Revenue. The Revenue has grown by 102.05%.
  • Measured over the past years, GOGO shows a small growth in Revenue. The Revenue has been growing by 7.55% on average per year.
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

  • The Earnings Per Share is expected to grow by 62.41% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 32.56% on average over the next years. This is a very strong growth
EPS Next Y22.4%
EPS Next 2Y72.97%
EPS Next 3Y62.41%
EPS Next 5YN/A
Revenue Next Year123.21%
Revenue Next 2Y50.08%
Revenue Next 3Y32.56%
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

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 69.00, which means the current valuation is very expensive for GOGO.
  • GOGO's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 28.25, GOGO is valued quite expensively.
  • A Price/Forward Earnings ratio of 9.22 indicates a reasonable valuation of GOGO.
  • 81.82% 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 27.50. GOGO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 69
Fwd PE 9.22
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

  • 63.64% of the companies in the same industry are cheaper than GOGO, based on the Enterprise Value to EBITDA ratio.
  • GOGO's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 15.93
EV/EBITDA 9.96
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 an expensive valuation of the company.
  • GOGO's earnings are expected to grow with 62.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.08
PEG (5Y)N/A
EPS Next 2Y72.97%
EPS Next 3Y62.41%

0

5. Dividend

5.1 Amount

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

GOGO INC

NASDAQ:GOGO (2/4/2026, 8:24:49 PM)

After market: 4.15 +0.01 (+0.24%)

4.14

-0.1 (-2.36%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)11-06
Earnings (Next)03-12
Inst Owners61.47%
Inst Owner Change-0.12%
Ins Owners0.21%
Ins Owner Change4.08%
Market Cap554.14M
Revenue(TTM)817.73M
Net Income(TTM)-5.29M
Analysts76
Price Target13.26 (220.29%)
Short Float %26.1%
Short Ratio6.93
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)0%
PT rev (3m)-20%
EPS NQ rev (1m)-50%
EPS NQ rev (3m)-85%
EPS NY rev (1m)-1.82%
EPS NY rev (3m)-40%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.77%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.34%
Valuation
Industry RankSector Rank
PE 69
Fwd PE 9.22
P/S 0.68
P/FCF 15.93
P/OCF 7.13
P/B 5.18
P/tB N/A
EV/EBITDA 9.96
EPS(TTM)0.06
EY1.45%
EPS(NY)0.45
Fwd EY10.84%
FCF(TTM)0.26
FCFY6.28%
OCF(TTM)0.58
OCFY14.02%
SpS6.11
BVpS0.8
TBVpS-2.55
PEG (NY)3.08
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 0.01
F-Score5
WACC8.73%
ROIC/WACC0.63
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 Y22.4%
EPS Next 2Y72.97%
EPS Next 3Y62.41%
EPS Next 5YN/A
Revenue 1Y (TTM)102.05%
Revenue growth 3Y9.83%
Revenue growth 5Y7.55%
Sales Q2Q%122.41%
Revenue Next Year123.21%
Revenue Next 2Y50.08%
Revenue Next 3Y32.56%
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 3Y37.03%
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 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 4 / 10.


How financially healthy is GOGO INC?

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