Intrinsic value of Boingo Wireless - WIFI

Previous Close

$19.50

  Intrinsic Value

$0.38

stock screener

  Rating & Target

str. sell

-98%

  Value-price divergence*

-75%

Previous close

$19.50

 
Intrinsic value

$0.38

 
Up/down potential

-98%

 
Rating

str. sell

 
Value-price divergence*

-75%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of WIFI stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 0.7

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  13.57
  25.70
  23.63
  21.77
  20.09
  18.58
  17.22
  16.00
  14.90
  13.91
  13.02
  12.22
  11.50
  10.85
  10.26
  9.74
  9.26
  8.84
  8.45
  8.11
  7.80
  7.52
  7.26
  7.04
  6.83
  6.65
  6.49
  6.34
  6.20
  6.08
  5.97
Revenue, $m
  159
  200
  247
  301
  361
  428
  502
  583
  669
  763
  862
  967
  1,078
  1,195
  1,318
  1,446
  1,580
  1,720
  1,865
  2,016
  2,174
  2,337
  2,507
  2,683
  2,867
  3,057
  3,256
  3,462
  3,677
  3,900
  4,133
Variable operating expenses, $m
 
  229
  282
  343
  411
  486
  569
  659
  757
  862
  973
  1,088
  1,213
  1,344
  1,482
  1,626
  1,777
  1,934
  2,098
  2,268
  2,444
  2,628
  2,819
  3,017
  3,224
  3,438
  3,661
  3,893
  4,135
  4,386
  4,648
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  185
  229
  282
  343
  411
  486
  569
  659
  757
  862
  973
  1,088
  1,213
  1,344
  1,482
  1,626
  1,777
  1,934
  2,098
  2,268
  2,444
  2,628
  2,819
  3,017
  3,224
  3,438
  3,661
  3,893
  4,135
  4,386
  4,648
Operating income, $m
  -26
  -29
  -35
  -42
  -49
  -58
  -67
  -77
  -88
  -99
  -112
  -120
  -134
  -149
  -164
  -180
  -197
  -214
  -232
  -251
  -271
  -291
  -312
  -334
  -357
  -381
  -406
  -431
  -458
  -486
  -515
EBITDA, $m
  26
  6
  8
  9
  11
  13
  16
  18
  21
  24
  27
  30
  34
  37
  41
  45
  49
  54
  58
  63
  68
  73
  78
  83
  89
  95
  101
  108
  114
  121
  129
Interest expense (income), $m
  0
  1
  3
  6
  9
  13
  17
  22
  27
  32
  38
  44
  50
  57
  64
  72
  80
  88
  96
  105
  114
  124
  134
  144
  155
  167
  178
  190
  203
  216
  230
Earnings before tax, $m
  -27
  -30
  -38
  -48
  -59
  -71
  -84
  -99
  -114
  -131
  -149
  -164
  -185
  -206
  -228
  -252
  -276
  -302
  -329
  -356
  -385
  -415
  -446
  -479
  -512
  -547
  -584
  -622
  -661
  -702
  -745
Tax expense, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Net income, $m
  -27
  -30
  -38
  -48
  -59
  -71
  -84
  -99
  -114
  -131
  -149
  -164
  -185
  -206
  -228
  -252
  -276
  -302
  -329
  -356
  -385
  -415
  -446
  -479
  -512
  -547
  -584
  -622
  -661
  -702
  -745

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  19
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  381
  455
  563
  685
  823
  976
  1,144
  1,327
  1,525
  1,737
  1,963
  2,203
  2,456
  2,723
  3,002
  3,294
  3,600
  3,918
  4,249
  4,593
  4,951
  5,323
  5,710
  6,112
  6,530
  6,964
  7,416
  7,886
  8,375
  8,884
  9,415
Adjusted assets (=assets-cash), $m
  362
  455
  563
  685
  823
  976
  1,144
  1,327
  1,525
  1,737
  1,963
  2,203
  2,456
  2,723
  3,002
  3,294
  3,600
  3,918
  4,249
  4,593
  4,951
  5,323
  5,710
  6,112
  6,530
  6,964
  7,416
  7,886
  8,375
  8,884
  9,415
Revenue / Adjusted assets
  0.439
  0.440
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
  0.439
Average production assets, $m
  248
  311
  385
  468
  563
  667
  782
  907
  1,042
  1,187
  1,342
  1,506
  1,679
  1,861
  2,052
  2,252
  2,460
  2,678
  2,904
  3,139
  3,384
  3,639
  3,903
  4,178
  4,463
  4,760
  5,069
  5,390
  5,724
  6,073
  6,436
Working capital, $m
  -31
  -20
  -25
  -30
  -36
  -43
  -50
  -58
  -67
  -76
  -86
  -97
  -108
  -120
  -132
  -145
  -158
  -172
  -187
  -202
  -217
  -234
  -251
  -268
  -287
  -306
  -326
  -346
  -368
  -390
  -413
Total debt, $m
  26
  93
  175
  269
  375
  493
  622
  762
  914
  1,077
  1,251
  1,435
  1,629
  1,834
  2,049
  2,273
  2,507
  2,752
  3,006
  3,271
  3,546
  3,831
  4,128
  4,437
  4,758
  5,091
  5,438
  5,799
  6,175
  6,566
  6,974
Total liabilities, $m
  283
  350
  432
  526
  632
  750
  879
  1,019
  1,171
  1,334
  1,508
  1,692
  1,886
  2,091
  2,306
  2,530
  2,764
  3,009
  3,263
  3,528
  3,803
  4,088
  4,385
  4,694
  5,015
  5,348
  5,695
  6,056
  6,432
  6,823
  7,231
Total equity, $m
  98
  106
  131
  159
  191
  226
  265
  308
  354
  403
  455
  511
  570
  632
  696
  764
  835
  909
  986
  1,066
  1,149
  1,235
  1,325
  1,418
  1,515
  1,616
  1,720
  1,829
  1,943
  2,061
  2,184
Total liabilities and equity, $m
  381
  456
  563
  685
  823
  976
  1,144
  1,327
  1,525
  1,737
  1,963
  2,203
  2,456
  2,723
  3,002
  3,294
  3,599
  3,918
  4,249
  4,594
  4,952
  5,323
  5,710
  6,112
  6,530
  6,964
  7,415
  7,885
  8,375
  8,884
  9,415
Debt-to-equity ratio
  0.265
  0.880
  1.340
  1.690
  1.960
  2.180
  2.340
  2.480
  2.580
  2.670
  2.750
  2.810
  2.860
  2.900
  2.940
  2.970
  3.000
  3.030
  3.050
  3.070
  3.090
  3.100
  3.120
  3.130
  3.140
  3.150
  3.160
  3.170
  3.180
  3.190
  3.190
Adjusted equity ratio
  0.218
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  -27
  -30
  -38
  -48
  -59
  -71
  -84
  -99
  -114
  -131
  -149
  -164
  -185
  -206
  -228
  -252
  -276
  -302
  -329
  -356
  -385
  -415
  -446
  -479
  -512
  -547
  -584
  -622
  -661
  -702
  -745
Depreciation, amort., depletion, $m
  52
  35
  43
  51
  60
  71
  82
  95
  108
  123
  138
  151
  168
  186
  205
  225
  246
  268
  290
  314
  338
  364
  390
  418
  446
  476
  507
  539
  572
  607
  644
Funds from operations, $m
  191
  5
  4
  3
  2
  0
  -2
  -4
  -6
  -8
  -11
  -14
  -17
  -20
  -23
  -27
  -30
  -34
  -38
  -42
  -47
  -51
  -56
  -61
  -66
  -71
  -77
  -83
  -89
  -95
  -101
Change in working capital, $m
  76
  -4
  -5
  -5
  -6
  -7
  -7
  -8
  -9
  -9
  -10
  -11
  -11
  -12
  -12
  -13
  -13
  -14
  -15
  -15
  -16
  -16
  -17
  -18
  -18
  -19
  -20
  -21
  -21
  -22
  -23
Cash from operations, $m
  115
  10
  9
  9
  8
  7
  6
  4
  3
  1
  -1
  -3
  -6
  -8
  -11
  -14
  -17
  -20
  -24
  -27
  -31
  -35
  -39
  -43
  -48
  -52
  -57
  -62
  -67
  -72
  -78
Maintenance CAPEX, $m
  0
  -25
  -31
  -38
  -47
  -56
  -67
  -78
  -91
  -104
  -119
  -134
  -151
  -168
  -186
  -205
  -225
  -246
  -268
  -290
  -314
  -338
  -364
  -390
  -418
  -446
  -476
  -507
  -539
  -572
  -607
New CAPEX, $m
  -107
  -64
  -74
  -84
  -94
  -105
  -115
  -125
  -135
  -145
  -155
  -164
  -173
  -182
  -191
  -200
  -209
  -217
  -226
  -235
  -245
  -254
  -264
  -275
  -286
  -297
  -309
  -321
  -334
  -348
  -363
Cash from investing activities, $m
  -107
  -89
  -105
  -122
  -141
  -161
  -182
  -203
  -226
  -249
  -274
  -298
  -324
  -350
  -377
  -405
  -434
  -463
  -494
  -525
  -559
  -592
  -628
  -665
  -704
  -743
  -785
  -828
  -873
  -920
  -970
Free cash flow, $m
  8
  -79
  -95
  -114
  -133
  -154
  -176
  -199
  -223
  -248
  -274
  -301
  -329
  -358
  -388
  -419
  -451
  -484
  -518
  -553
  -590
  -628
  -667
  -708
  -751
  -796
  -842
  -890
  -940
  -993
  -1,048
Issuance/(repayment) of debt, $m
  -3
  72
  83
  94
  106
  117
  129
  141
  152
  163
  174
  184
  195
  205
  215
  224
  234
  244
  254
  265
  275
  286
  297
  309
  321
  334
  347
  361
  376
  391
  408
Issuance/(repurchase) of shares, $m
  3
  51
  63
  76
  91
  106
  123
  141
  160
  180
  202
  220
  243
  268
  293
  320
  347
  376
  405
  436
  468
  502
  536
  572
  609
  648
  689
  731
  775
  820
  868
Cash from financing (excl. dividends), $m  
  -3
  123
  146
  170
  197
  223
  252
  282
  312
  343
  376
  404
  438
  473
  508
  544
  581
  620
  659
  701
  743
  788
  833
  881
  930
  982
  1,036
  1,092
  1,151
  1,211
  1,276
Total cash flow (excl. dividends), $m
  5
  44
  50
  57
  63
  70
  76
  83
  89
  95
  101
  103
  109
  114
  120
  125
  131
  136
  142
  148
  154
  160
  166
  172
  179
  186
  194
  201
  210
  218
  228
Retained Cash Flow (-), $m
  13
  -51
  -63
  -76
  -91
  -106
  -123
  -141
  -160
  -180
  -202
  -220
  -243
  -268
  -293
  -320
  -347
  -376
  -405
  -436
  -468
  -502
  -536
  -572
  -609
  -648
  -689
  -731
  -775
  -820
  -868
Prev. year cash balance distribution, $m
 
  14
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  7
  -13
  -20
  -27
  -36
  -47
  -58
  -71
  -85
  -101
  -117
  -135
  -154
  -173
  -194
  -216
  -239
  -264
  -289
  -315
  -342
  -370
  -400
  -430
  -462
  -495
  -529
  -565
  -602
  -640
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  7
  -12
  -17
  -23
  -28
  -34
  -39
  -44
  -49
  -53
  -56
  -57
  -58
  -58
  -57
  -55
  -52
  -49
  -44
  -40
  -35
  -31
  -26
  -22
  -18
  -14
  -11
  -9
  -7
  -5
Current shareholders' claim on cash, %
  100
  92.3
  85.4
  79.1
  73.4
  68.3
  63.6
  59.3
  55.4
  51.8
  48.5
  45.5
  42.8
  40.2
  37.8
  35.6
  33.5
  31.6
  29.8
  28.1
  26.5
  25.0
  23.7
  22.3
  21.1
  20.0
  18.9
  17.8
  16.9
  15.9
  15.1

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, Internet of things, and other wireless-enabled consumer devices. It designs, builds, monitors, and maintains the Wi-Fi network at managed and operated hotspot locations, such as airports, hotels, big box retailers, office buildings, convention centers, arenas, stadiums, quick service restaurants, coffee shops, shopping malls, and campuses in North America, Latin America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 1.5 million hotspots. Boingo Wireless, Inc. enables individuals to purchase Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans. The company also provides broadband and Internet protocol television services for troops stationed on military bases; access to distributed antenna system infrastructure at certain of its managed and operated hotspot locations to telecom operator partners; and roaming and carrier offload services and turn-key solutions to network operators, device manufacturers, technology companies, enterprise software and services companies, venue operators, and financial services companies., as well as offers display advertising, sponsored access, and promotional programs. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

FINANCIAL RATIOS  of  Boingo Wireless (WIFI)

Valuation Ratios
P/E Ratio -27.8
Price to Sales 4.7
Price to Book 7.7
Price to Tangible Book
Price to Cash Flow 6.5
Price to Free Cash Flow 94
Growth Rates
Sales Growth Rate 13.6%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 3.9%
Cap. Spend. - 3 Yr. Gr. Rate 29%
Financial Strength
Quick Ratio 4
Current Ratio 0
LT Debt to Equity 21.4%
Total Debt to Equity 26.5%
Interest Coverage 0
Management Effectiveness
Return On Assets -7.5%
Ret/ On Assets - 3 Yr. Avg. -8.2%
Return On Total Capital -21.1%
Ret/ On T. Cap. - 3 Yr. Avg. -17.5%
Return On Equity -25.8%
Return On Equity - 3 Yr. Avg. -19.8%
Asset Turnover 0.4
Profitability Ratios
Gross Margin 30.2%
Gross Margin - 3 Yr. Avg. 29.8%
EBITDA Margin 15.7%
EBITDA Margin - 3 Yr. Avg. 13.6%
Operating Margin -16.4%
Oper. Margin - 3 Yr. Avg. -15.5%
Pre-Tax Margin -17%
Pre-Tax Margin - 3 Yr. Avg. -15.9%
Net Profit Margin -17%
Net Profit Margin - 3 Yr. Avg. -16.5%
Effective Tax Rate 0%
Eff/ Tax Rate - 3 Yr. Avg. -1.9%
Payout Ratio 0%

WIFI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the WIFI stock intrinsic value calculation we used $159 million for the last fiscal year's total revenue generated by Boingo Wireless. The default revenue input number comes from 2016 income statement of Boingo Wireless. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our WIFI stock valuation model: a) initial revenue growth rate of 25.7% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for WIFI is calculated based on our internal credit rating of Boingo Wireless, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Boingo Wireless.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of WIFI stock the variable cost ratio is equal to 115.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for WIFI stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for Boingo Wireless.

Corporate tax rate of 27% is the nominal tax rate for Boingo Wireless. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the WIFI stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for WIFI are equal to 155.7%.

Life of production assets of 10 years is the average useful life of capital assets used in Boingo Wireless operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for WIFI is equal to -10%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $98 million for Boingo Wireless - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 37.023 million for Boingo Wireless is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Boingo Wireless at the current share price and the inputted number of shares is $0.7 billion.

RELATED COMPANIES Price Int.Val. Rating
T AT&T 38.23 38.66  hold
IPAS iPass 0.650 0.07  str.sell
VZ Verizon Commun 48.41 42.08  hold
S Sprint 8.30 1.35  str.sell
CMCSA Comcast Cl A 41.24 31.05  sell

COMPANY NEWS

▶ LAX's cell service speeds among the worst   [Jul-24-17 05:50PM  American City Business Journals]
▶ Your first trade for Tuesday, July 11   [Jul-11-17 09:32AM  CNBC]
▶ Boingo Wireless starts to see positive results with business transformation   [May-23-17 02:45PM  American City Business Journals]
▶ Boingo reports 1Q loss   [May-04-17 05:38PM  Associated Press]
▶ Boingos Derek Peterson Named CTO of the Year   [Mar-28-17 09:00AM  GlobeNewswire]
▶ 3 tech and biotech stocks with momentum   [08:52AM  MarketWatch]
▶ 3 tech and biotech stocks with momentum   [08:52AM  at MarketWatch]
▶ Boingo reports 4Q loss   [04:15PM  Associated Press]
▶ Boingo Calls for Convergence at Mobile World Congress 2017   [Feb-23-17 09:00AM  GlobeNewswire]
▶ Boingo Named Best WiFi Service by Global Traveler Magazine   [Dec-19-16 09:00AM  GlobeNewswire]
▶ Is Boingo Wireless Inc (WIFI) A Good Stock To Buy?   [Dec-04-16 03:46PM  at Insider Monkey]
▶ 10 Analyst Stock Picks Under $10 for Massive Upside   [Sep-18-16 10:15AM  at 24/7 Wall St.]
▶ Boingo reports 2Q loss   [04:07PM  AP]
▶ Boingo Honored as Marketing Team of the Year by Cablefax   [Jul-05-16 06:00PM  Business Wire]
▶ [$$] Boingo Reaches Deal With Ides to Add Three Directors   [10:26AM  at The Wall Street Journal]
▶ Boingo Wireless Files Investor Presentation   [May-23-16 04:09PM  Business Wire]
Stock chart of WIFI Financial statements of WIFI
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.