Executive Summary
Gigaset AG operates in the area of telecommunications in Germany, rest of Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with mediocre balance sheet.
Share Price & News
How has Gigaset's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GGS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
10.0%
GGS
-1.9%
DE Communications
-7.3%
DE Market
1 Year Return
-45.0%
GGS
-0.06%
DE Communications
-7.7%
DE Market
Return vs Industry: GGS underperformed the German Communications industry which returned -1.3% over the past year.
Return vs Market: GGS underperformed the German Market which returned -6.6% over the past year.
Shareholder returns
| GGS | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.0% | -1.9% | -7.3% |
| 30 Day | -13.9% | -3.3% | -7.7% |
| 90 Day | -17.5% | -9.5% | -4.5% |
| 1 Year | -45.0%-45.0% | 0.3%-0.06% | -4.8%-7.7% |
| 3 Year | -70.8%-70.8% | 26.7%25.5% | -9.2%-17.2% |
| 5 Year | -76.2%-76.2% | -17.5%-17.6% | 11.4%-4.5% |
Price Volatility Vs. Market
How volatile is Gigaset's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Gigaset (ETR:GGS) A Risky Investment?2 months ago | Simply Wall St
Is Gigaset AG (ETR:GGS) Potentially Undervalued?5 months ago | Simply Wall St
Should You Investigate Gigaset AG (ETR:GGS) At €0.30?Valuation
Is Gigaset undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GGS (€0.2) is trading below our estimate of fair value (€0.98)
Significantly Below Fair Value: GGS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GGS is unprofitable, so we can't compare its PE Ratio to the XE Communications industry average.
PE vs Market: GGS 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 GGS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GGS is overvalued based on its PB Ratio (5.2x) compared to the DE Communications industry average (2.8x).
Next Steps
Future Growth
How is Gigaset forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
82.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GGS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: GGS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GGS's is expected to become profitable in the next 3 years.
Revenue vs Market: GGS's revenue (6.2% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: GGS's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GGS's Return on Equity is forecast to be very high in 3 years time (2077.2%).
Next Steps
Past Performance
How has Gigaset performed over the past 5 years?
62.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGS is currently unprofitable.
Growing Profit Margin: GGS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GGS is unprofitable, but has reduced losses over the past 5 years at a rate of 62% per year.
Accelerating Growth: Unable to compare GGS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GGS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (6.1%).
Return on Equity
High ROE: GGS has a negative Return on Equity (-8.96%), as it is currently unprofitable.
Next Steps
Financial Health
How is Gigaset's financial position?
Financial Position Analysis
Short Term Liabilities: GGS's short term assets (€104.1M) exceed its short term liabilities (€67.5M).
Long Term Liabilities: GGS's short term assets (€104.1M) do not cover its long term liabilities (€115.6M).
Debt to Equity History and Analysis
Debt Level: GGS's debt to equity ratio (340%) is considered high.
Reducing Debt: GGS's debt to equity ratio has increased from 1.2% to 340% over the past 5 years.
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: Whilst unprofitable GGS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GGS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.7% per year.
Next Steps
Dividend
What is Gigaset current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GGS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GGS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GGS'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 GGS'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?
6.3yrs
Average board tenure
CEO
Klaus Wessing
4.83yrs
Tenure
Mr. Klaus Wessing has been the Chairman of The Executive Board and Chief Executive Officer of Gigaset AG since December 15, 2015 and serves as its Member of Management Board. Mr. Wessing served as the Mana ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Supervisory Board | 1.58yrs | €150.00k | 0.0076% € 2.0k | |
| Vice Chairman of Supervisory Board | 1.17yrs | €83.50k | no data | |
| Member of Supervisory Board | 7.17yrs | €100.00k | 0.011% € 3.0k | |
| Member of Supervisory Board | 5.83yrs | €74.00k | no data | |
| Member of Supervisory Board | 6.83yrs | €69.00k | no data | |
| Member of Supervisory Board | 6.83yrs | €73.00k | no data |
6.3yrs
Average Tenure
Experienced Board: GGS's board of directors are considered experienced (6.3 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Gigaset AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gigaset AG
- Ticker: GGS
- Exchange: XTRA
- Founded:
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: €26.226m
- Shares outstanding: 132.46m
- Website: https://www.gigaset.com
Number of Employees
Location
- Gigaset AG
- Bernhard-Wicki-Strasse 5
- Munich
- Bavaria
- 80636
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GGS | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Oct 2006 |
| GGS | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Oct 2006 |
| 0DLF | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Oct 2006 |
| GGSD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Oct 2006 |
Biography
Gigaset AG operates in the area of telecommunications in Germany, rest of Europe, and internationally. The company offers telephones, including digital enhanced cordless telecommunications cordless telepho ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 22:32 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.