GOL LINHAS AEREAS INTEL-ADR (GOL) Stock Fundamental Analysis
USA - NYSE:GOL - US38045R2067 - ADR
2.715 USD
+0.08 (+3.23%)
GOL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 21 industry peers in the Passenger Airlines industry. Both the profitability and financial health of GOL have multiple concerns. GOL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
GOL had negative earnings in the past year.
In the past year GOL had a positive cash flow from operations.
GOL had negative earnings in each of the past 5 years.
Each year in the past 5 years GOL had a positive operating cash flow.
1.2 Ratios
The Return On Assets of GOL (-20.89%) is worse than 80.00% of its industry peers.
GOL has a better Return On Invested Capital (23.88%) than 96.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.89% | ||
| ROE | N/A | ||
| ROIC | 23.88% |
ROA(3y)-35.36%
ROA(5y)-23.46%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of GOL (7.05%) is better than 68.00% of its industry peers.
In the last couple of years the Operating Margin of GOL has declined.
GOL has a Gross Margin (23.37%) which is in line with its industry peers.
GOL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.05% | ||
| PM (TTM) | N/A | ||
| GM | 23.37% |
OM growth 3Y-43.65%
OM growth 5Y-22.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.87%
GM growth 5Y-5.85%
2. Health
2.1 Basic Checks
GOL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, GOL has more shares outstanding
GOL has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -1.19, we must say that GOL is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -1.19, GOL is doing worse than 80.00% of the companies in the same industry.
The Debt to FCF ratio of GOL is 17.81, which is on the high side as it means it would take GOL, 17.81 years of fcf income to pay off all of its debts.
GOL has a Debt to FCF ratio of 17.81. This is in the better half of the industry: GOL outperforms 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 17.81 | ||
| Altman-Z | -1.19 |
ROIC/WACC2.04
WACC11.71%
2.3 Liquidity
A Current Ratio of 0.24 indicates that GOL may have some problems paying its short term obligations.
The Current ratio of GOL (0.24) is worse than 84.00% of its industry peers.
A Quick Ratio of 0.18 indicates that GOL may have some problems paying its short term obligations.
With a Quick ratio value of 0.18, GOL is not doing good in the industry: 84.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
The earnings per share for GOL have decreased strongly by -60.91% in the last year.
The Revenue has grown by 85.98% in the past year. This is a very strong growth!
The Revenue has been growing by 8.03% on average over the past years. This is quite good.
EPS 1Y (TTM)-60.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-77.51%
Revenue 1Y (TTM)85.98%
Revenue growth 3Y3.11%
Revenue growth 5Y8.03%
Sales Q2Q%52.78%
3.2 Future
The Earnings Per Share is expected to grow by 40.47% on average over the next years. This is a very strong growth
GOL is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 94.46% yearly.
EPS Next Y115.08%
EPS Next 2Y54.25%
EPS Next 3Y40.47%
EPS Next 5YN/A
Revenue Next Year529.76%
Revenue Next 2Y158.11%
Revenue Next 3Y94.46%
Revenue Next 5YN/A
3.3 Evolution
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for GOL. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 39.79 indicates a quite expensive valuation of GOL.
GOL's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, GOL is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 39.79 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GOL.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GOL indicates a somewhat cheap valuation: GOL is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.6 | ||
| EV/EBITDA | 14.48 |
4.3 Compensation for Growth
GOL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GOL's earnings are expected to grow with 40.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y54.25%
EPS Next 3Y40.47%
5. Dividend
5.1 Amount
With a yearly dividend of 0.02%, GOL is not a good candidate for dividend investing.
GOL's Dividend Yield is a higher than the industry average which is at 3.00.
Compared to an average S&P500 Dividend Yield of 2.44, GOL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.02% |
5.2 History
GOL does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y54.25%
EPS Next 3Y40.47%
NYSE:GOL (1/25/2024, 8:25:54 PM)
2.715
+0.08 (+3.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.34B
Revenue(TTM)16.90B
Net Income(TTM)-3.55B
Analysts42
Price Target3.34 (23.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.02% |
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)2
Avg EPS beat(2)2330.57%
Min EPS beat(2)1557.89%
Max EPS beat(2)3103.24%
EPS beat(4)2
Avg EPS beat(4)896.73%
Min EPS beat(4)-748.57%
Max EPS beat(4)3103.24%
EPS beat(8)4
Avg EPS beat(8)589.54%
EPS beat(12)5
Avg EPS beat(12)352.37%
EPS beat(16)5
Avg EPS beat(16)158.56%
Revenue beat(2)2
Avg Revenue beat(2)1.93%
Min Revenue beat(2)1.01%
Max Revenue beat(2)2.84%
Revenue beat(4)3
Avg Revenue beat(4)0.15%
Min Revenue beat(4)-4.24%
Max Revenue beat(4)2.84%
Revenue beat(8)5
Avg Revenue beat(8)-4.55%
Revenue beat(12)5
Avg Revenue beat(12)-8.65%
Revenue beat(16)6
Avg Revenue beat(16)-6.81%
PT rev (1m)-2.67%
PT rev (3m)-5.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.01%
EPS NY rev (1m)-67.65%
EPS NY rev (3m)-64.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.83%
Revenue NY rev (3m)-2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 39.79 | ||
| P/S | 1.26 | ||
| P/FCF | 16.6 | ||
| P/OCF | 10.38 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.48 |
EPS(TTM)-0.45
EYN/A
EPS(NY)0.07
Fwd EY2.51%
FCF(TTM)0.16
FCFY6.02%
OCF(TTM)0.26
OCFY9.63%
SpS2.15
BVpS-2.68
TBVpS-2.91
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.89% | ||
| ROE | N/A | ||
| ROCE | 37.75% | ||
| ROIC | 23.88% | ||
| ROICexc | 29.84% | ||
| ROICexgc | 73% | ||
| OM | 7.05% | ||
| PM (TTM) | N/A | ||
| GM | 23.37% | ||
| FCFM | 7.61% |
ROA(3y)-35.36%
ROA(5y)-23.46%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-57.09%
ROICexgc growth 5Y-25.82%
ROICexc growth 3Y-47.97%
ROICexc growth 5Y-20.34%
OM growth 3Y-43.65%
OM growth 5Y-22.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.87%
GM growth 5Y-5.85%
F-Score5
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 17.81 | ||
| Debt/EBITDA | 7.06 | ||
| Cap/Depr | 44.82% | ||
| Cap/Sales | 4.56% | ||
| Interest Coverage | 1.09 | ||
| Cash Conversion | 70.65% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.18 | ||
| Altman-Z | -1.19 |
F-Score5
WACC11.71%
ROIC/WACC2.04
Cap/Depr(3y)48.09%
Cap/Depr(5y)66.38%
Cap/Sales(3y)8.88%
Cap/Sales(5y)8.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-77.51%
EPS Next Y115.08%
EPS Next 2Y54.25%
EPS Next 3Y40.47%
EPS Next 5YN/A
Revenue 1Y (TTM)85.98%
Revenue growth 3Y3.11%
Revenue growth 5Y8.03%
Sales Q2Q%52.78%
Revenue Next Year529.76%
Revenue Next 2Y158.11%
Revenue Next 3Y94.46%
Revenue Next 5YN/A
EBIT growth 1Y136.15%
EBIT growth 3Y-41.9%
EBIT growth 5Y-15.99%
EBIT Next Year104.74%
EBIT Next 3Y39.26%
EBIT Next 5YN/A
FCF growth 1Y254.17%
FCF growth 3Y-3.99%
FCF growth 5Y39.66%
OCF growth 1Y719.4%
OCF growth 3Y-4.13%
OCF growth 5Y26.38%
GOL LINHAS AEREAS INTEL-ADR / GOL FAQ
What is the ChartMill fundamental rating of GOL LINHAS AEREAS INTEL-ADR (GOL) stock?
ChartMill assigns a fundamental rating of 3 / 10 to GOL.
What is the valuation status of GOL LINHAS AEREAS INTEL-ADR (GOL) stock?
ChartMill assigns a valuation rating of 4 / 10 to GOL LINHAS AEREAS INTEL-ADR (GOL). This can be considered as Fairly Valued.
How profitable is GOL LINHAS AEREAS INTEL-ADR (GOL) stock?
GOL LINHAS AEREAS INTEL-ADR (GOL) has a profitability rating of 3 / 10.
What is the expected EPS growth for GOL LINHAS AEREAS INTEL-ADR (GOL) stock?
The Earnings per Share (EPS) of GOL LINHAS AEREAS INTEL-ADR (GOL) is expected to grow by 115.08% in the next year.