Gogo Inc. (GOGO)

Communications Services, NEC

Latest Price

$2.67

TTM P/E

Normalized P/E

3.20

Div Yield

Book Value

0.89

P/B Ratio

3.01

Valuation metrics

EPS: $0.09

Book value / share: $0.75

Formula: √(22.5 × EPS × BVPS)

Graham Number

$1.23

54% downside

Norm. op. income: $114M (median of 7yr)

Tax rate: 24%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$1.16

56% downside

Base FCF: $62M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$2.89

+8% upside

EPS: $0.09

Target P/E: 3×

Formula: EPS × P/E

P/E Fair Value

$0.27

90% downside

48.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Nantahala Capital Management, LLC	8.70M	$26.0M	6.42%	-184.3K	2026-06-30
BlackRock, Inc.	6.12M	$18.0M	4.52%	-5.86M	2026-06-30
BANK OF AMERICA CORP /DE/	5.17M	$16.0M	3.82%	-170.0K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	3.54M	$10.0M	2.61%	+55.2K	2026-06-30
STATE STREET CORP	3.32M	$10.0M	2.45%	-256.1K	2026-06-30
Qube Research & Technologies Ltd	3.13M	$9.0M	2.31%	+1.18M	2026-06-30
CITADEL ADVISORS LLC	2.71M	$8.0M	2.00%	+2.10M	2026-06-30
GOLDMAN SACHS GROUP INC	2.31M	$7.0M	1.71%	+1.76M	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	1.97M	$6.0M	1.45%	+24.2K	2026-06-30
MILLENNIUM MANAGEMENT LLC	1.93M	$5.0M	1.42%	-206.9K	2026-06-30