GILAT SATELLITE NETWORKS LTD (GILT) Stock Fundamental Analysis
USA - NASDAQ:GILT - IL0010825102 - Common Stock
13.89 USD
+0.18 (+1.31%)
13.8901 USD
0 (0%)
Taking everything into account, GILT scores 4 out of 10 in our fundamental rating. GILT was compared to 48 industry peers in the Communications Equipment industry. GILT has a medium profitability rating, but doesn't score so well on its financial health evaluation. GILT is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
GILT had positive earnings in the past year.
In the past year GILT had a positive cash flow from operations.
In multiple years GILT reported negative net income over the last 5 years.
Each year in the past 5 years GILT had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.89%, GILT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
GILT has a better Return On Equity (7.10%) than 72.92% of its industry peers.
The Return On Invested Capital of GILT (4.41%) is better than 70.83% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GILT is significantly below the industry average of 13.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 7.1% | ||
| ROIC | 4.41% |
ROA(3y)3.25%
ROA(5y)3.49%
ROE(3y)4.77%
ROE(5y)5.42%
ROIC(3y)4.96%
ROIC(5y)N/A
1.3 Margins
GILT's Profit Margin of 6.41% is fine compared to the rest of the industry. GILT outperforms 70.83% of its industry peers.
In the last couple of years the Profit Margin of GILT has declined.
GILT has a better Operating Margin (6.42%) than 68.75% of its industry peers.
In the last couple of years the Operating Margin of GILT has declined.
GILT's Gross Margin of 34.03% is on the low side compared to the rest of the industry. GILT is outperformed by 62.50% of its industry peers.
In the last couple of years the Gross Margin of GILT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.42% | ||
| PM (TTM) | 6.41% | ||
| GM | 34.03% |
OM growth 3Y63.71%
OM growth 5Y-10.15%
PM growth 3YN/A
PM growth 5Y-10.72%
GM growth 3Y3.81%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GILT is destroying value.
GILT has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, GILT has more shares outstanding
The debt/assets ratio for GILT has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that GILT is in the distress zone and has some risk of bankruptcy.
GILT has a Altman-Z score (1.16) which is in line with its industry peers.
GILT has a debt to FCF ratio of 2.81. This is a good value and a sign of high solvency as GILT would need 2.81 years to pay back of all of its debts.
GILT has a Debt to FCF ratio (2.81) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.18 indicates that GILT is not too dependend on debt financing.
The Debt to Equity ratio of GILT (0.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.81 | ||
| Altman-Z | 1.16 |
ROIC/WACC0.5
WACC8.78%
2.3 Liquidity
GILT has a Current Ratio of 1.50. This is a normal value and indicates that GILT is financially healthy and should not expect problems in meeting its short term obligations.
GILT has a worse Current ratio (1.50) than 68.75% of its industry peers.
GILT has a Quick Ratio of 1.17. This is a normal value and indicates that GILT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of GILT (1.17) is worse than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.86% over the past year.
Measured over the past years, GILT shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.97% on average per year.
Looking at the last year, GILT shows a quite strong growth in Revenue. The Revenue has grown by 19.67% in the last year.
Measured over the past years, GILT shows a small growth in Revenue. The Revenue has been growing by 3.49% on average per year.
EPS 1Y (TTM)22.86%
EPS 3YN/A
EPS 5Y-7.97%
EPS Q2Q%950%
Revenue 1Y (TTM)19.67%
Revenue growth 3Y12.42%
Revenue growth 5Y3.49%
Sales Q2Q%36.98%
3.2 Future
The Earnings Per Share is expected to grow by 28.72% on average over the next years. This is a very strong growth
Based on estimates for the next years, GILT will show a very strong growth in Revenue. The Revenue will grow by 23.85% on average per year.
EPS Next Y27.5%
EPS Next 2Y28.59%
EPS Next 3Y28.72%
EPS Next 5YN/A
Revenue Next Year42.41%
Revenue Next 2Y27.3%
Revenue Next 3Y23.85%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
GILT is valuated quite expensively with a Price/Earnings ratio of 32.30.
Compared to the rest of the industry, the Price/Earnings ratio of GILT is on the same level as its industry peers.
GILT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
GILT is valuated rather expensively with a Price/Forward Earnings ratio of 19.09.
Based on the Price/Forward Earnings ratio, GILT is valued a bit cheaper than 68.75% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.18. GILT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.3 | ||
| Fwd PE | 19.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GILT is valued a bit cheaper than the industry average as 60.42% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GILT indicates a somewhat cheap valuation: GILT is cheaper than 60.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.2 | ||
| EV/EBITDA | 20.11 |
4.3 Compensation for Growth
GILT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
GILT's earnings are expected to grow with 28.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.17
PEG (5Y)N/A
EPS Next 2Y28.59%
EPS Next 3Y28.72%
5. Dividend
5.1 Amount
No dividends for GILT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.89
+0.18 (+1.31%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners33.78%
Inst Owner Change0.02%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap792.01M
Analysts84.44
Price Target11.22 (-19.22%)
Short Float %2.92%
Short Ratio1.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.67%
Min EPS beat(2)-504.36%
Max EPS beat(2)517.71%
EPS beat(4)3
Avg EPS beat(4)44.33%
Min EPS beat(4)-504.36%
Max EPS beat(4)517.71%
EPS beat(8)5
Avg EPS beat(8)70.2%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-3.56%
Min Revenue beat(2)-9.94%
Max Revenue beat(2)2.82%
Revenue beat(4)1
Avg Revenue beat(4)-4.72%
Min Revenue beat(4)-9.94%
Max Revenue beat(4)2.82%
Revenue beat(8)2
Avg Revenue beat(8)-3.87%
Revenue beat(12)3
Avg Revenue beat(12)-4.17%
Revenue beat(16)4
Avg Revenue beat(16)-4.63%
PT rev (1m)0%
PT rev (3m)30.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25%
EPS NY rev (1m)22.22%
EPS NY rev (3m)51.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.3 | ||
| Fwd PE | 19.09 | ||
| P/S | 2.26 | ||
| P/FCF | 37.2 | ||
| P/OCF | 26.84 | ||
| P/B | 2.51 | ||
| P/tB | 9.17 | ||
| EV/EBITDA | 20.11 |
EPS(TTM)0.43
EY3.1%
EPS(NY)0.73
Fwd EY5.24%
FCF(TTM)0.37
FCFY2.69%
OCF(TTM)0.52
OCFY3.73%
SpS6.13
BVpS5.54
TBVpS1.51
PEG (NY)1.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 7.1% | ||
| ROCE | 5.24% | ||
| ROIC | 4.41% | ||
| ROICexc | 5.2% | ||
| ROICexgc | 14.08% | ||
| OM | 6.42% | ||
| PM (TTM) | 6.41% | ||
| GM | 34.03% | ||
| FCFM | 6.09% |
ROA(3y)3.25%
ROA(5y)3.49%
ROE(3y)4.77%
ROE(5y)5.42%
ROIC(3y)4.96%
ROIC(5y)N/A
ROICexc(3y)7.57%
ROICexc(5y)N/A
ROICexgc(3y)11.07%
ROICexgc(5y)N/A
ROCE(3y)5.95%
ROCE(5y)N/A
ROICexcg growth 3Y79.52%
ROICexcg growth 5Y-6.06%
ROICexc growth 3Y74.24%
ROICexc growth 5Y-8.19%
OM growth 3Y63.71%
OM growth 5Y-10.15%
PM growth 3YN/A
PM growth 5Y-10.72%
GM growth 3Y3.81%
GM growth 5Y-0.15%
F-Score3
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.81 | ||
| Debt/EBITDA | 1.46 | ||
| Cap/Depr | 50.83% | ||
| Cap/Sales | 2.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.42% | ||
| Profit Quality | 94.98% | ||
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 1.16 |
F-Score3
WACC8.78%
ROIC/WACC0.5
Cap/Depr(3y)79.7%
Cap/Depr(5y)73.25%
Cap/Sales(3y)3.85%
Cap/Sales(5y)3.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.86%
EPS 3YN/A
EPS 5Y-7.97%
EPS Q2Q%950%
EPS Next Y27.5%
EPS Next 2Y28.59%
EPS Next 3Y28.72%
EPS Next 5YN/A
Revenue 1Y (TTM)19.67%
Revenue growth 3Y12.42%
Revenue growth 5Y3.49%
Sales Q2Q%36.98%
Revenue Next Year42.41%
Revenue Next 2Y27.3%
Revenue Next 3Y23.85%
Revenue Next 5YN/A
EBIT growth 1Y-5.67%
EBIT growth 3Y84.04%
EBIT growth 5Y-7.01%
EBIT Next Year87.44%
EBIT Next 3Y48.72%
EBIT Next 5YN/A
FCF growth 1Y43.09%
FCF growth 3Y35.96%
FCF growth 5Y-1.33%
OCF growth 1Y-0.68%
OCF growth 3Y18.77%
OCF growth 5Y-1.86%