Loading...

We've got a brand new version of Simply Wall St! Try it out

GomSpace Group

DB:1G2
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1G2
DB
SEK599M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

GomSpace Group AB (publ), through its subsidiaries, designs and manufactures nanosatellites for the academic, government, and commercial markets. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • GomSpace Group has significant price volatility in the past 3 months.
1G2 Share Price and Events
7 Day Returns
-1.7%
DB:1G2
0.8%
Europe Aerospace & Defense
2.5%
DE Market
1 Year Returns
-61.1%
DB:1G2
11.7%
Europe Aerospace & Defense
2.6%
DE Market
1G2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GomSpace Group (1G2) -1.7% 16.1% 1.2% -61.1% - -
Europe Aerospace & Defense 0.8% -2.9% 0.9% 11.7% 67.1% 114.9%
DE Market 2.5% 0.2% 1% 2.6% 7.8% 23.7%
1 Year Return vs Industry and Market
  • 1G2 underperformed the Aerospace & Defense industry which returned 11.7% over the past year.
  • 1G2 underperformed the Market in Germany which returned 2.6% over the past year.
Price Volatility
1G2
Industry
5yr Volatility vs Market

1G2 Value

 Is GomSpace Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of GomSpace Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for GomSpace Group.

DB:1G2 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:1G2
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.864 (1 + (1- 22%) (14.52%))
0.974
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.974 * 5.96%)
6.04%

Discounted Cash Flow Calculation for DB:1G2 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GomSpace Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:1G2 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 6.04%)
2020 -46.15 Analyst x1 -43.52
2021 -13.04 Analyst x1 -11.60
2022 16.05 Analyst x1 13.46
2023 25.97 Est @ 61.79% 20.54
2024 37.22 Est @ 43.32% 27.76
2025 48.53 Est @ 30.39% 34.14
2026 58.88 Est @ 21.34% 39.07
2027 67.72 Est @ 15.01% 42.38
2028 74.88 Est @ 10.57% 44.19
2029 80.48 Est @ 7.47% 44.79
Present value of next 10 years cash flows SEK211.00
DB:1G2 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK80.48 × (1 + 0.23%) ÷ (6.04% – 0.23%)
SEK1,388.96
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK1,388.96 ÷ (1 + 6.04%)10
SEK773.01
DB:1G2 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK211.00 + SEK773.01
SEK984.01
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK984.01 / 52.27
SEK18.82
DB:1G2 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1G2 represents 0.09058x of OM:GOMX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09058x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 18.82 x 0.09058
€1.70
Value per share (EUR) From above. €1.70
Current discount Discount to share price of €1.04
= -1 x (€1.04 - €1.70) / €1.70
39.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price GomSpace Group is available for.
Intrinsic value
39%
Share price is €1.04 vs Future cash flow value of €1.7
Current Discount Checks
For GomSpace Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • GomSpace Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • GomSpace Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GomSpace Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GomSpace Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1G2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in SEK SEK-3.64
OM:GOMX Share Price ** OM (2019-10-11) in SEK SEK11.46
Europe Aerospace & Defense Industry PE Ratio Median Figure of 36 Publicly-Listed Aerospace & Defense Companies 21.4x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GomSpace Group.

DB:1G2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:GOMX Share Price ÷ EPS (both in SEK)

= 11.46 ÷ -3.64

-3.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GomSpace Group is loss making, we can't compare its value to the Europe Aerospace & Defense industry average.
  • GomSpace Group is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does GomSpace Group's expected growth come at a high price?
Raw Data
DB:1G2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
78.9%per year
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 26 Publicly-Listed Aerospace & Defense Companies 1.59x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for GomSpace Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GomSpace Group's assets?
Raw Data
DB:1G2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in SEK SEK7.19
OM:GOMX Share Price * OM (2019-10-11) in SEK SEK11.46
Europe Aerospace & Defense Industry PB Ratio Median Figure of 49 Publicly-Listed Aerospace & Defense Companies 1.96x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.74x
DB:1G2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:GOMX Share Price ÷ Book Value per Share (both in SEK)

= 11.46 ÷ 7.19

1.59x

* Primary Listing of GomSpace Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GomSpace Group is good value based on assets compared to the Europe Aerospace & Defense industry average.
X
Value checks
We assess GomSpace Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. GomSpace Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1G2 Future Performance

 How is GomSpace Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
78.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GomSpace Group expected to grow at an attractive rate?
  • GomSpace Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • GomSpace Group's earnings growth is expected to exceed the Germany market average.
  • GomSpace Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1G2 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1G2 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 78.9%
DB:1G2 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 27.3%
Europe Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
Europe Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:1G2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1G2 Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 366 46 44 1
2021-12-31 267 18 10 1
2020-12-31 168 -21 -41 1
2019-12-31 155 -74 -98 1
DB:1G2 Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-06-30 156 -108 -149
2019-03-31 146 -101 -129
2018-12-31 153 -103 -112
2018-09-30 143 -75 -71
2018-06-30 131 -33 -63
2018-03-31 115 -18 -58
2017-12-31 96 -8 -54
2017-09-30 84 -37 -33
2017-06-30 74 -46 -19
2017-03-31 62 -39 -2
2016-12-31 54 -17 9
2016-09-30 49 -7 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • GomSpace Group's earnings are expected to grow significantly at over 20% yearly.
  • GomSpace Group's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:1G2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from GomSpace Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1G2 Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.86 0.86 0.86 1.00
2021-12-31 0.19 0.19 0.19 1.00
2020-12-31 -0.78 -0.78 -0.78 1.00
2019-12-31 -1.87 -1.87 -1.87 1.00
DB:1G2 Past Financials Data
Date (Data in SEK Millions) EPS *
2019-06-30 -3.64
2019-03-31 -3.68
2018-12-31 -3.93
2018-09-30 -2.60
2018-06-30 -2.34
2018-03-31 -2.18
2017-12-31 -2.09
2017-09-30 -1.62
2017-06-30 -0.96
2017-03-31 -0.10
2016-12-31 0.62
2016-09-30 0.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • GomSpace Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess GomSpace Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GomSpace Group has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1G2 Past Performance

  How has GomSpace Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GomSpace Group's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GomSpace Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare GomSpace Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GomSpace Group's 1-year growth to the Europe Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
GomSpace Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GomSpace Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1G2 Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 155.93 -149.48 108.71 62.43
2019-03-31 145.52 -128.86 98.57 56.90
2018-12-31 153.38 -112.50 97.73 58.12
2018-09-30 142.79 -70.93 92.91 47.01
2018-06-30 130.88 -62.67 85.58 34.14
2018-03-31 115.15 -57.54 77.12 26.92
2017-12-31 96.41 -53.99 69.22 25.28
2017-09-30 83.85 -33.43 63.05 21.03
2017-06-30 74.33 -19.25 52.53 15.73
2017-03-31 62.14 -1.77 41.44 11.20
2016-12-31 54.14 8.98 32.90 6.81
2016-09-30 49.05 4.79 18.11 5.84
2016-06-30 45.86 4.92 15.87 6.28
2016-03-31 39.96 1.72 13.78 6.71
2015-12-31 34.09 -2.37 11.71 7.85
2014-12-31 26.65 1.22 8.44 0.76
2013-12-31 9.72 0.02 2.69 0.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if GomSpace Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if GomSpace Group has efficiently used its assets last year compared to the Europe Aerospace & Defense industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if GomSpace Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess GomSpace Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GomSpace Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1G2 Health

 How is GomSpace Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GomSpace Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GomSpace Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GomSpace Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GomSpace Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GomSpace Group Company Filings, last reported 3 months ago.

DB:1G2 Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 375.79 39.11 179.28
2019-03-31 414.52 41.63 225.11
2018-12-31 441.84 36.19 269.42
2018-09-30 255.59 33.77 65.62
2018-06-30 277.95 35.12 119.29
2018-03-31 296.10 34.93 171.69
2017-12-31 185.32 34.00 95.58
2017-09-30 198.85 12.20 83.34
2017-06-30 211.55 12.73 87.87
2017-03-31 135.14 11.98 24.93
2016-12-31 146.11 13.47 73.81
2016-09-30 117.39 13.17 95.44
2016-06-30 94.47 16.44 79.87
2016-03-31 14.46 9.89 2.73
2015-12-31 13.82 10.77 1.28
2014-12-31 7.72 2.92 1.55
2013-12-31 6.04 0.74 1.81
  • GomSpace Group's level of debt (10.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (26.6% vs 10.4% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • GomSpace Group has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if GomSpace Group has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess GomSpace Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GomSpace Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1G2 Dividends

 What is GomSpace Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from GomSpace Group dividends.
If you bought €2,000 of GomSpace Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate GomSpace Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate GomSpace Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:1G2 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:1G2 Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as GomSpace Group has not reported any payouts.
  • Unable to verify if GomSpace Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of GomSpace Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as GomSpace Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess GomSpace Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GomSpace Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GomSpace Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1G2 Management

 What is the CEO of GomSpace Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Niels Buus
COMPENSATION SEK2,829,000
AGE 62
CEO Bio

Mr. Niels Buus serves as Managing Director and Chief Executive Officer of GomSpace Group AB (publ). Mr. Buus has been Managing Director of GomSpace ApS since 2014. He serves as Chief Executive Officer and Owner of Longbus Holding ApS. He is originally a professional auto mechanic from Hvalpsund. He served as Chief Executive Officer of GateHouse A/S. He served as Head of the Radar Division at Terma A/S. He was employed at Purup Electronics for 11 years. He served as Interim Chief Executive Officer of Optica A/S until June 2013. He serves as the Chairman of Futarque. He serves as Chairman of the board of directors of Chora Group and Northern VO ApS. He served as Chairman of GS Sweden AB. He was chairman of the board of directors of Logistikkompagniet until August 2012 and iDoc Engineering ApS until August 2012. He was chair­man of the board of directors of GoSpace ApS until December 2013 and board member until February 2016. He serves as a board member of Level 8 ApS. He was a board member of Necas A/S until May 2015, Miitors ApS until March 2015, CIS Technolo­gies until March 2014, SystemTeknik A/S until March 2014. He acted as Director over the Defense and Fuel section in DESMI Pumping Technology A/S until November 2013. He was awarded the AIH Leadership Prize in 2006. He holds a Master of Science degree in Leadership and Management from London Business School (London, UK), a Master of Science degree in Applied Optics from Imperial College (London, UK) and a Master of Science degree in Mechanical Engineering from Aalborg University (Aalborg, Denmark).

CEO Compensation
  • Niels's compensation has increased whilst company is loss making.
  • Niels's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the GomSpace Group management team in years:

0.6
Average Tenure
44
Average Age
  • The average tenure for the GomSpace Group management team is less than 2 years, this suggests a new team.
Management Team

Niels Buus

TITLE
CEO & MD
COMPENSATION
SEK3M
AGE
62

Troels Nørmølle

TITLE
Chief Financial Officer
AGE
33

Morten Hvidberg Jeppesen

TITLE
Chief Technology Officer
AGE
44
TENURE
0.8 yrs

Lars Alminde

TITLE
Chief Commercial Officer
AGE
40
TENURE
0.3 yrs

Peter Worsøe

TITLE
Chief Manufacturing Officer
TENURE
0.3 yrs

Børge Witthøft

TITLE
Chief Sales Officer of GomSpace ApS
AGE
67
TENURE
3.7 yrs
Board of Directors Tenure

Average tenure and age of the GomSpace Group board of directors in years:

2.5
Average Tenure
65
Average Age
  • The average tenure for the GomSpace Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jukka Pertola

TITLE
Chairman of the Board
COMPENSATION
SEK250K
AGE
59
TENURE
3.5 yrs

Niels Jesper Jensen

TITLE
Director
COMPENSATION
SEK125K
AGE
73

Steen Lorenz Johan Hansen

TITLE
Director
COMPENSATION
SEK125K
AGE
71
TENURE
2.5 yrs

Hans Schibler

TITLE
Director
AGE
41
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess GomSpace Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GomSpace Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1G2 News

Simply Wall St News

1G2 Company Info

Description

GomSpace Group AB (publ), through its subsidiaries, designs and manufactures nanosatellites for the academic, government, and commercial markets. It offers global tracking solution for tracking assets; Internet of Things solutions, including smart metering, remote management of assets, herd tracking, and fleet management; nanosatellite communications technology solutions; defense and security solutions; remote sensing solutions, such as optical sensors, infrared sensors, and hyperspectral sensors; and science mission solutions. The company also offers mission payloads, power and communication systems, command and data handling products, and attitude and orbit control systems. It operates in Denmark, Sweden, Europe, the United States, Asia, and internationally. The company was formerly known as GS Sweden AB and changed its name to GomSpace Group AB (publ) in June 2017. GomSpace Group AB (publ) was founded in 2007 and is based in Uppsala, Sweden.

Details
Name: GomSpace Group AB (publ)
1G2
Exchange: DB
Founded: 2007
SEK55,394,223
52,274,803
Website: http://gomspace.com
Address: GomSpace Group AB (publ)
Ulls Väg 29A,
Uppsala,
Uppsala County, 756 51,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM GOMX Share Capital OMX Nordic Exchange Stockholm SE SEK 16. Jun 2016
DB 1G2 Share Capital Deutsche Boerse AG DE EUR 16. Jun 2016
LSE 0GE8 Share Capital London Stock Exchange GB SEK 16. Jun 2016
Number of employees
Current staff
Staff numbers
176
GomSpace Group employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/12 23:32
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/09/03
Last earnings filing: 2019/08/30
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.