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 1,058 623.8 341.5 - -
Change - 26.27% -30.52% -18.94% -41.04% -45.25% - -
Enterprise Value (EV) 1 2,146 2,401 1,761 1,850 1,335 959.3 842.5 681
Change - 11.86% -26.65% 5.08% -27.87% -28.13% -12.18% -19.16%
P/E 10.6x 20.8x 9.29x 80.9x 51.8x 42x 7.88x 4.34x
PBR -4.68x -18.5x 34.2x 15x 6.16x 2.1x 1.46x 1.01x
PEG - -0.5x 0.2x -0.9x -5.2x -1.3x 0x 0.1x
Capitalization / Revenue 4.43x 4.65x 3.28x 2.38x 0.69x 0.38x 0.37x 0.32x
EV / Revenue 6.39x 5.94x 4.43x 4.16x 1.47x 1.07x 0.91x 0.64x
EV / EBITDA 14.2x 13.8x 10.9x 13x 6.13x 5.24x 4.05x -
EV / EBIT 17.8x 16.9x 14.2x 36.1x 11.7x 7.33x 5.6x -
EV / FCF 34.4x 40.4x 28.1x 66.3x 20.5x 12.5x 7.87x -
FCF Yield 2.91% 2.48% 3.56% 1.51% 4.88% 8.03% 12.7% -
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 2.520 2.520 2.520
Nbr of stocks (in thousands) 109,954 127,270 128,841 130,779 133,854 135,508 - -
Announcement Date 3/3/22 2/28/23 2/28/24 3/14/25 2/27/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
42x1.07x5.24x - 341M
1162.54x42.64x87.1x - 1,950B
16.48x2.93x7.41x2.3% 194B
27.05x6.15x32.57x0.21% 186B
11.04x2.5x6.71x4.29% 177B
14.93x2.39x7.94x2.84% 70.53B
12.71x1.42x4.85x3.49% 36.96B
19.89x5.43x9.96x4.79% 31.83B
8.19x0.28x1.17x8.02% 21.82B
12.91x3.27x7.36x7.14% 20.01B
Average 132.78x 6.81x 17.03x 4.14% 268.82B
Weighted average by Cap. 848.16x 31.91x 66.87x 2.77%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA