Company Valuation: Gogo Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,488 1,879 1,305 1,058 623.8 391.6 - -
Change - 26.27% -30.52% -18.94% -41.04% -37.22% - -
Enterprise Value (EV) 1 2,146 2,401 1,761 1,850 1,335 1,009 892.6 731.2
Change - 11.86% -26.65% 5.08% -27.87% -24.37% -11.57% -18.09%
P/E 10.6x 20.8x 9.29x 80.9x 51.8x 48.2x 9.03x 4.98x
PBR -4.68x -18.5x 34.2x 15x 6.16x 2.41x 1.67x 1.16x
PEG - -0.5x 0.2x -0.9x -5.2x -1.4x 0x 0.1x
Capitalization / Revenue 4.43x 4.65x 3.28x 2.38x 0.69x 0.44x 0.42x 0.37x
EV / Revenue 6.39x 5.94x 4.43x 4.16x 1.47x 1.13x 0.96x 0.68x
EV / EBITDA 14.2x 13.8x 10.9x 13x 6.13x 5.52x 4.29x -
EV / EBIT 17.8x 16.9x 14.2x 36.1x 11.7x 7.72x 5.94x -
EV / FCF 34.4x 40.4x 28.1x 66.3x 20.5x 13.1x 8.34x -
FCF Yield 2.91% 2.48% 3.56% 1.51% 4.88% 7.63% 12% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.28 0.71 1.09 0.1 0.09 0.06 0.32 0.58
Distribution rate - - - - - - - -
Net sales 1 335.7 404.1 397.6 444.7 910.5 894.4 930.6 1,071
EBITDA 1 151 173.8 162.1 142.5 217.8 183 208 -
EBIT 1 120.6 142.3 124.2 51.27 114.1 130.8 150.3 -
Net income 1 152.7 92.06 145.7 13.75 12.92 9.032 45.87 82.13
Net Debt 1 658.5 522.1 455.7 792.3 710.9 617.8 501 339.5
Reference price 2 13.530 14.760 10.130 8.090 4.660 2.890 2.890 2.890
Nbr of stocks (in thousands) 109,954 127,270 128,841 130,779 133,854 135,508 - -
Announcement Date 3/3/22 28/2/23 28/2/24 14/3/25 27/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
48.17x1.13x5.52x - 392M
1448.33x37.99x78.62x - 1,757B
29.11x6.14x28.58x0.2% 196B
16.32x2.91x7.36x2.32% 192B
10.45x2.43x6.51x4.53% 168B
14.37x2.33x7.76x2.97% 67.65B
12.73x1.42x4.85x3.49% 36.8B
20.96x5.67x10.4x4.54% 33.59B
8.76x0.32x1.28x7.5% 24.72B
12.57x3.17x7.12x7.33% 19.18B
Average 162.18x 6.35x 15.80x 4.11% 249.5B
Weighted average by Cap. 1,025.22x 27.81x 59.11x 2.78%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA