DB:GIFN

Stock Analysis Report

Executive Summary

GigaMedia Limited provides digital entertainment services in Taiwan, Hong Kong, and Macau.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has GigaMedia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GIFN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.9%

GIFN

8.2%

DE Entertainment

9.1%

DE Market


1 Year Return

-9.3%

GIFN

-8.9%

DE Entertainment

-13.1%

DE Market

Return vs Industry: GIFN matched the German Entertainment industry which returned -8.9% over the past year.

Return vs Market: GIFN exceeded the German Market which returned -13.1% over the past year.


Shareholder returns

GIFNIndustryMarket
7 Day-2.9%8.2%9.1%
30 Day3.6%0.8%-1.0%
90 Day0%-26.9%-20.7%
1 Year-9.3%-9.3%-7.8%-8.9%-10.6%-13.1%
3 Year-26.4%-26.4%-1.0%-5.7%-10.7%-18.1%
5 Year-49.4%-49.4%41.6%30.9%-10.7%-22.8%

Price Volatility Vs. Market

How volatile is GigaMedia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GigaMedia undervalued compared to its fair value and its price relative to the market?

0.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GIFN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GIFN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GIFN is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.

PE vs Market: GIFN is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GIFN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GIFN is good value based on its PB Ratio (0.5x) compared to the DE Entertainment industry average (1.1x).


Next Steps

Future Growth

How is GigaMedia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.0%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GigaMedia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has GigaMedia performed over the past 5 years?

-8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GIFN is currently unprofitable.

Growing Profit Margin: GIFN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GIFN is unprofitable, and losses have increased over the past 5 years at a rate of -8.9% per year.

Accelerating Growth: Unable to compare GIFN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GIFN is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-50.4%).


Return on Equity

High ROE: GIFN has a negative Return on Equity (-2.76%), as it is currently unprofitable.


Next Steps

Financial Health

How is GigaMedia's financial position?


Financial Position Analysis

Short Term Liabilities: GIFN's short term assets ($58.9M) exceed its short term liabilities ($3.6M).

Long Term Liabilities: GIFN's short term assets ($58.9M) exceed its long term liabilities ($94.4K).


Debt to Equity History and Analysis

Debt Level: GIFN is debt free.

Reducing Debt: GIFN has no debt compared to 5 years ago when its debt to equity ratio was 23.6%.


Balance Sheet


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.

Stable Cash Runway: Insufficient data to determine if GIFN has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GIFN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is GigaMedia's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GIFN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GIFN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GIFN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GIFN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GIFN's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.4yrs

Average management tenure


CEO

James Huang (63yo)

2.92s

Tenure

Mr. Cheng-Ming Huang, also known as James, has been Chairman, Chief Executive Officer and Chief Financial Officer at GigaMedia Limited since May 5, 2017. Mr. Huang serves as Executive Director of AK Enterp ...


Leadership Team

NamePositionTenureCompensationOwnership
Cheng-Ming Huang
Chairman2.92yrsno data7.9% $1.8m
Shih-Chin Huang
Head of Finance Departmentno datano datano data
Cherng-Shiun Lee
Chief Executive Officer of GigaCloud6.42yrsno datano data
Li Zhong Tang
Special Advisor8.17yrsno datano data

6.4yrs

Average Tenure

56yo

Average Age

Experienced Management: GIFN's management team is seasoned and experienced (6.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Cheng-Ming Huang
Chairman2.92yrsno data7.9% $1.8m
Chin Fock Hong
Independent Non-Executive Director6.5yrsno datano data
Ping Chang Huang
Independent Non-Executive Director9.25yrsno datano data
Chia-En Liu
Independent Non-Executive Director9.08yrsno datano data
Kuo Chong Tung
Independent Non-Executive Director8.42yrsno datano data
Bing-Yuan Huang
Independent Non-Executive Director7yrsno datano data

7.7yrs

Average Tenure

65yo

Average Age

Experienced Board: GIFN's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GigaMedia Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GigaMedia Limited
  • Ticker: GIFN
  • Exchange: DB
  • Founded: 1998
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: US$25.089m
  • Listing Market Cap: US$22.944m
  • Shares outstanding: 11.05m
  • Website: https://www.gigamedia.com

Number of Employees


Location

  • GigaMedia Limited
  • No. 22, Tiding Boulevard
  • 8th Floor
  • Taipei
  • 11492
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GIGMNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDFeb 2000
GIFNDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2000

Biography

GigaMedia Limited provides digital entertainment services in Taiwan, Hong Kong, and Macau. The company offers mobile and browser-based casual games through FunTown-branded platform. Its portfolio of PC-based casual games include MahJong, a traditional Chinese tile based game; sports games and role-playing games; online card games; and chance-based games, including bingo, lotto, horse racing, Sic-Bo, slots, and various casual games. The company also provides Tales Runner, a multi-player online obstacle running game in which players competes by running, jumping, dashing, and using items; Yume 100, a story -based game that targets female players; and Akaseka, a female-oriented game. In addition, it owns and operates GigaCloud, a provider of cloud computing solutions and related services focused for small and medium-based enterprises in Taiwan. GigaMedia Limited was founded in 1998 and is headquartered in Taipei, Taiwan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 04:40
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.