Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

GomSpace Group

OM:GOMX
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GOMX
OM
SEK387M
Market Cap
  1. Home
  2. SE
  3. Capital Goods
Company description

GomSpace Group AB (publ), through its subsidiaries, designs, develops, integrates, and manufactures nanosatellites for the academic, defense, government, and commercial markets. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
  • GomSpace Group has significant price volatility in the past 3 months.
GOMX Share Price and Events
7 Day Returns
1.9%
OM:GOMX
1.7%
SE Aerospace & Defense
1.1%
SE Market
1 Year Returns
-57.1%
OM:GOMX
-30.9%
SE Aerospace & Defense
-9.8%
SE Market
GOMX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GomSpace Group (GOMX) 1.9% -2.1% -35.7% -57.1% -86.4% -
SE Aerospace & Defense 1.7% -23.2% -37.6% -30.9% -45.1% -10.6%
SE Market 1.1% -12.7% -20.4% -9.8% -11.4% -12.8%
1 Year Return vs Industry and Market
  • GOMX underperformed the Aerospace & Defense industry which returned -30.9% over the past year.
  • GOMX underperformed the Market in Sweden which returned -9.8% over the past year.
Price Volatility
GOMX
Industry
5yr Volatility vs Market

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.

OM:GOMX 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 4.9%
Perpetual Growth Rate 10-Year SE Government Bond Rate -0.4%

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 OM:GOMX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.846 (1 + (1- 22%) (20.28%))
0.986
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.42% + (0.986 * 5.44%)
4.95%

Discounted Cash Flow Calculation for OM:GOMX 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.

OM:GOMX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SEK, Millions) Source Present Value
Discounted (@ 4.95%)
2020 -53.79 Analyst x1 -51.26
2021 -26.90 Analyst x1 -24.43
2022 28.89 Analyst x1 24.99
2023 46.65 Est @ 61.49% 38.46
2024 66.67 Est @ 42.92% 52.37
2025 86.62 Est @ 29.92% 64.83
2026 104.64 Est @ 20.82% 74.64
2027 119.76 Est @ 14.44% 81.39
2028 131.72 Est @ 9.99% 85.30
2029 140.76 Est @ 6.86% 86.86
Present value of next 10 years cash flows SEK433.00
OM:GOMX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SEK140.76 × (1 + -0.42%) ÷ (4.95% – -0.42%)
SEK2,612.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SEK2,612.21 ÷ (1 + 4.95%)10
SEK1,611.97
OM:GOMX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SEK433.00 + SEK1,611.97
SEK2,044.97
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK2,044.97 / 52.27
SEK39.12
OM:GOMX Discount to Share Price
Calculation Result
Value per share (SEK) From above. SEK39.12
Current discount Discount to share price of SEK7.41
= -1 x (SEK7.41 - SEK39.12) / SEK39.12
81.1%

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
>50%
Share price is SEK7.41 vs Future cash flow value of SEK39.12
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, and 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
OM:GOMX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SEK SEK-2.90
OM:GOMX Share Price ** OM (2020-04-07) in SEK SEK7.41
Sweden Aerospace & Defense Industry PE Ratio Median Figure of 5 Publicly-Listed Aerospace & Defense Companies 20.3x
Sweden Market PE Ratio Median Figure of 357 Publicly-Listed Companies 15.01x

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

** Primary Listing of GomSpace Group.

OM:GOMX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 7.41 ÷ -2.90

-2.55x

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 SE Aerospace & Defense industry average.
  • GomSpace Group is loss making, we can't compare the value of its earnings to the Sweden market.
Price based on expected Growth
Does GomSpace Group's expected growth come at a high price?
Raw Data
OM:GOMX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
103.9%per year
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 27 Publicly-Listed Aerospace & Defense Companies 1.33x
Sweden Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 0.99x

*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
OM:GOMX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SEK SEK5.66
OM:GOMX Share Price * OM (2020-04-07) in SEK SEK7.41
Sweden Aerospace & Defense Industry PB Ratio Median Figure of 7 Publicly-Listed Aerospace & Defense Companies 1.36x
Sweden Market PB Ratio Median Figure of 775 Publicly-Listed Companies 2.17x
OM:GOMX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 7.41 ÷ 5.66

1.31x

* 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 SE 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 3/6, 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.

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
103.9%
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 -0.4%.
Growth vs Market Checks
  • GomSpace Group's earnings growth is expected to exceed the Sweden market average.
  • GomSpace Group's revenue growth is expected to exceed the Sweden market average.
Annual Growth Rates Comparison
Raw Data
OM:GOMX Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:GOMX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 103.9%
OM:GOMX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 32.6%
Sweden Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
Sweden Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.9%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*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
OM:GOMX 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.
OM:GOMX Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 361 69 40 1
2021-12-31 266 10 5 1
2020-12-31 175 -20 -44 1
OM:GOMX Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-12-31 136 -93 -152
2019-09-30 138 -93 -165
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

*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
OM:GOMX 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.

OM:GOMX Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.77 0.77 0.77 1.00
2021-12-31 0.10 0.10 0.10 1.00
2020-12-31 -0.83 -0.83 -0.83 1.00
OM:GOMX Past Financials Data
Date (Data in SEK Millions) EPS *
2019-12-31 -2.90
2019-09-30 -3.50
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

*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 Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden 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.

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.

OM:GOMX Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 136.26 -151.66 88.82 40.64
2019-09-30 138.07 -164.72 102.23 56.24
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 SE 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.

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 9x 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.

OM:GOMX Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 295.68 23.84 127.16
2019-09-30 339.55 44.08 156.40
2019-06-30 375.79 39.11 179.28
2019-03-31 414.52 41.63 225.11
2018-12-31 441.84 32.15 269.42
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 (8.1%) 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 (38.1% vs 8.1% 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.

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 SEK2,000 of GomSpace Group shares you are expected to receive SEK0 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
OM:GOMX 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 27 Stocks 3.2%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 217 Stocks 4%
Sweden Minimum Threshold Dividend Yield 10th Percentile 0.9%
Sweden Bottom 25% Dividend Yield 25th Percentile 2.1%
Sweden Top 25% Dividend Yield 75th Percentile 6%

Industry and Market average data is calculated daily.

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

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

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 0.9%) - 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.

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 Sweden.
Management Team Tenure

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

1.1
Average Tenure
53
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
1.3 yrs

Lars Alminde

TITLE
Chief Commercial Officer
AGE
40
TENURE
0.8 yrs

Peter Worsøe

TITLE
Chief Manufacturing Officer
AGE
64
TENURE
0.8 yrs

Børge Witthøft

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

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

3
Average Tenure
65
Average Age
  • The tenure for the GomSpace Group board of directors is about average.
Board of Directors

Jukka Pertola

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

Niels Jesper Jensen

TITLE
Independent Director
COMPENSATION
SEK125K
AGE
73

Steen Lorenz Johan Hansen

TITLE
Director
COMPENSATION
SEK125K
AGE
71
TENURE
3 yrs

Hans Schibler

TITLE
Independent Director
AGE
41
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by GomSpace Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
06. Mar 20 Buy Jukka Pertola Individual 03. Mar 20 03. Mar 20 20,000 SEK8.68 SEK173,670
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.

News

Simply Wall St News

Why We Think GomSpace Group AB (publ) (STO:GOMX) Could Be Worth Looking At

In the case of GomSpace Group AB (publ) (STO:GOMX), there's is a company with robust financial health as well as an optimistic future outlook. … For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on GomSpace Group here. … Flawless balance sheet with exceptional growth potential One reason why investors are attracted to GOMX is its notable earnings growth potential in the near future of 87%.

Simply Wall St -

What Kind Of Shareholder Owns Most GomSpace Group AB (publ) (STO:GOMX) Stock?

If you want to know who really controls GomSpace Group AB (publ) (STO:GOMX), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … With a market capitalization of kr902m, GomSpace Group is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Investors Who Bought GomSpace Group Shares A Year Ago Are Now Down 74%

Because GomSpace Group is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … GomSpace Group grew its revenue by 70% over the last year. … We'd recommend taking a very close look at the stock (and any available forecasts), before considering a purchase, because the share price is not correlated with the revenue growth, that's for sure.

Simply Wall St -

Need To Know: GomSpace Group AB (publ) (STO:GOMX) Insiders Have Been Buying Shares

So before you buy or sell GomSpace Group AB (publ) (STO:GOMX), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … GomSpace Group Insider Transactions Over The Last Year

Simply Wall St -

Do Directors Own GomSpace Group AB (publ) (STO:GOMX) Shares?

Every investor in GomSpace Group AB (publ) (STO:GOMX) should be aware of the most powerful shareholder groups. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … We also tend to see lower insider ownership in companies that were previously publicly owned.

Simply Wall St -

What does GomSpace Group AB (publ)'s (STO:GOMX) Balance Sheet Tell Us About Its Future?

GomSpace Group AB (publ) (STO:GOMX) is a small-cap stock with a market capitalization of kr964m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

What does GomSpace Group AB (publ)'s (STO:GOMX) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like GomSpace Group AB (publ) (STO:GOMX), with a market cap of kr2.03b. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Should You Buy GomSpace Group AB (publ) (STO:GOMX) For This Reason?

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … Looking at GomSpace Group’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … OM:GOMX Income Statement Jun 6th 18 When will GomSpace Group need to raise more cash?

Simply Wall St -

Who Owns GomSpace Group AB (publ) (STO:GOMX)?

View our latest analysis for GomSpace Group OM:GOMX Ownership_summary May 25th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … General Public Ownership A substantial ownership of 98.59% in GOMX is held by the general public. … Next Steps: Institutional ownership in GOMX is not at a level that would concern investors.

Simply Wall St -

What You Must Know About GomSpace Group AB (publ)'s (STO:GOMX) Financial Strength

How does GOMX’s operating cash flow stack up against its debt? … With this increase in debt, the current cash and short-term investment levels stands at KR95.58M , ready to deploy into the business. … GOMX's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although GOMX’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Company Info

Description

GomSpace Group AB (publ), through its subsidiaries, designs, develops, integrates, and manufactures nanosatellites for the academic, defense, government, and commercial markets. It offers mission payloads in the areas of software defined radio, aircraft tracking, ship tracking, ADS-B patch antenna, and optical earth observation; and power and communication systems, command and data handling products, and attitude and orbit control systems, as well as ground systems and various ready to integrate structures. The company’s products are used in global tracking, Internet of things, communication, defense and security, remote sensing, and science mission applications. 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)
GOMX
Exchange: OM
Founded: 2007
SEK387,356,290
52,274,803
Website: http://www.gomspace.com
Address: GomSpace Group AB (publ)
Ulls VAeg 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
134
GomSpace Group employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 00:29
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/05
Last earnings filing: 2020/03/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.