"Buy when the cannons are thundering"
Hello my dears,
As the second company from Israel, I would like to
a growth company from an up-and-coming sector.
A company that has not yet been so hyped, but is on the verge of breaking out.
That's why your opinion in the comments is once again very important to me.
Due to a major expansion, the company initially recorded a decline in profits this year. However, the acquisition of Blue Solutions has now been completed. This will bear its first fruits next year with an enormous increase in profits.
As a result, the P/E ratio will even fall into the single-digit range. And the P/E ratio also remains attractive.
Gilat Satellite, based in Israel and with a market capitalization of just USD 420 million, specializes in satellite-based broadband communication solutions. In addition, Gilat has made significant acquisitions in recent years to strengthen its defense offering, with a particular focus on the US Department of Defense.
On February 12, the company reported strong Q4 figures, with earnings per share of USD 0.15 and revenue of USD 78.1 million, with strong cash flow generation. In particular, the Defense and In-Flight Connectivity segments showed strong momentum. On February 18, Gilat announced the formation of a new Defense Division. This strategic move is aimed at serving the growing demand for SATCOM solutions for government and defense facilities in the US. At the end of January, a USD 4 million order for portable SATCOM terminals was received. US defense spending is to be redistributed more and the area of space surveillance is to be strengthened, which could benefit Gilat.
Gilat Satellite Networks Ltd. provides solutions and services for broadband satellite communications and networks. The company is active in the following business areas: Fixed Networks, Mobility Solutions and Terrestrial Infrastructure Projects. The Fixed Networks division provides advanced fixed broadband satellite communication networks, satellite communication systems and related professional services, as well as comprehensive end-to-end solutions and fully managed satellite network service solutions. The Mobility Solutions division provides advanced mobile satellite communications equipment, systems and solutions, including airborne, maritime and ground-based satellite systems and solutions. The Terrestrial Infrastructure Projects division provides network infrastructure construction for PRONATEL's fiber optic and microwave network in Peru. The company was founded in 1987 by Yoel Gat, Gideon Kaplan, Amiram Levinberg, Joshua Levinberg and Shlomo Tirosh and is headquartered in Peru.
