Gogoro Inc. Ordinary Shares (GGR)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Gogoro as a Graham-style analyst: the story is electric scooters and battery swapping, but the numbers decide. At the 2026-10-13 close of $3.24, FairStock calculates an $84.3M market cap, P/B of 0.58, and negative P/E of -1.06. The latest reported quarter, fiscal Q2 2026, showed revenue of $70.6M, a net loss of $4.9M, and a -6.92% net margin. That is not a profitable business yet. Returns are poor: FairStock shows ROE -36.08% and ROCE -2.86%, while D/E is 3.16. The Altman Z-Score of -1.47 signals financial distress risk. On the positive side, trailing free cash flow is $2.6M, a 3.1% FCF yield, and the Piotroski F-Score is 6/9, suggesting some accounting fundamentals are improving. EV/EBITDA is 6.79. The battery-swapping platform is the kind of business that could have network effects if it scales, but I see no evidence of a durable moat in the negative returns. Growth is mixed: the supplied data lists 7.30% revenue growth and 81.59% profit growth, though the period is not named, and the latest quarter still lost money. The stock looks statistically cheap versus book value, but cheapness without earning power can be a value trap. I would want to see sustained positive net income, lower leverage, and larger free cash flow before calling this a sound investment.

In plain English: Gogoro makes electric scooters and runs battery-swapping services. The business is still losing money, carries a lot of debt, and produces only a little cash, though the shares trade below the value of its assets minus debts. At the recent price, the stock looks cheap on paper but carries real financial risk.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer