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GIGA

Gigas HostingBME:GIGA Stock Report

Market Cap

€85.1m

7D

0%

1Y

81.1%

Updated

24 Sep, 2021

Data

Company Financials +
GIGA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GIGA Overview

Gigas Hosting, S.A., a cloud computing company, provides cloud hosting solutions.

Price History & Performance

Summary of all time highs, changes and price drops for Gigas Hosting
Historical stock prices
Current Share Price€11.05
52 Week High€6.15
52 Week Low€13.30
Beta0.41
1 Month Change16.32%
3 Month Change13.92%
1 Year Change81.15%
3 Year Change81.15%
5 Year Change287.72%
Change since IPO240.00%

Recent News & Updates

Shareholder Returns

GIGAES ITES Market
7D0%7.0%1.0%
1Y81.1%27.1%27.8%

Return vs Industry: GIGA exceeded the Spanish IT industry which returned 25.7% over the past year.

Return vs Market: GIGA exceeded the Spanish Market which returned 27.9% over the past year.

Price Volatility

Is GIGA's price volatile compared to industry and market?
GIGA volatility
GIGA Beta0.41
Industry Beta1.48
Market Beta1

Stable Share Price: GIGA is more volatile than 75% of Spanish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GIGA's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Spanish stocks.

About the Company

FoundedEmployeesCEOWebsite
201184Diego Cabezudo Fernández De La Vegahttps://gigas.com

Gigas Hosting, S.A., a cloud computing company, provides cloud hosting solutions. It offers Cloud Datacenter, a solution that allows users to create, modify, re-distribute, and manage its virtual data center through web control panel in real time. The company also provides Gigas Cloud Contingency service that enables companies to implement and integrate automatic protection; Cloud Virtual Private Server; SAP cloud solutions; and cloud server for Oracle, as well as firewall, load balancer, and VPN solutions.

Gigas Hosting Fundamentals Summary

How do Gigas Hosting's earnings and revenue compare to its market cap?
GIGA fundamental statistics
Market Cap€85.11m
Earnings (TTM)-€461.38k
Revenue (TTM)€11.34m

7.5x

P/S Ratio

-184.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GIGA income statement (TTM)
Revenue€11.34m
Cost of Revenue€7.29m
Gross Profit€4.05m
Expenses€4.51m
Earnings-€461.38k

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.06
Gross Margin35.70%
Net Profit Margin-4.07%
Debt/Equity Ratio31.2%

How did GIGA perform over the long term?

See historical performance and comparison

Valuation

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

3.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GIGA (€11.05) is trading above our estimate of fair value (€5.86)

Significantly Below Fair Value: GIGA is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GIGA is good value based on its PB Ratio (3.4x) compared to the ES IT industry average (3.9x).


Future Growth

How is Gigas Hosting forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

40.1%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GIGA's forecast earnings growth is above the savings rate (1%).

Earnings vs Market: Insufficient data to determine if GIGA's earnings are forecast to grow faster than the Spanish market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GIGA's revenue (40.1% per year) is forecast to grow faster than the Spanish market (6.1% per year).

High Growth Revenue: GIGA's revenue (40.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GIGA's Return on Equity is forecast to be low in 3 years time (9.4%).


Past Performance

How has Gigas Hosting performed over the past 5 years?

34.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GIGA is currently unprofitable.

Growing Profit Margin: GIGA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GIGA is unprofitable, but has reduced losses over the past 5 years at a rate of 34.7% per year.

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

Earnings vs Industry: GIGA is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (22.4%).


Return on Equity

High ROE: GIGA has a negative Return on Equity (-1.82%), as it is currently unprofitable.


Financial Health

How is Gigas Hosting's financial position?


Financial Position Analysis

Short Term Liabilities: GIGA's short term assets (€25.7M) exceed its short term liabilities (€5.6M).

Long Term Liabilities: GIGA's short term assets (€25.7M) exceed its long term liabilities (€9.9M).


Debt to Equity History and Analysis

Debt Level: GIGA's debt to equity ratio (31.2%) is considered satisfactory.

Reducing Debt: GIGA's debt to equity ratio has reduced from 36.7% to 31.2% 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 GIGA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GIGA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.9% per year.


Dividend

What is Gigas Hosting current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate GIGA'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 GIGA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GIGA'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 GIGA's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

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

10.3yrs

Average management tenure


CEO

Diego Cabezudo Fernández De La Vega

10.67yrs

Tenure

Mr. Diego Cabezudo Fernández De La Vega is a Founder of Gigas Hosting, S.A. (formerly known as Gigas Hosting S.L.) and has been its Chief Executive Officer since 2011. With experience in technology and tel...


Leadership Team

Experienced Management: GIGA's management team is seasoned and experienced (10.3 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 been substantially diluted in the past year, with total shares outstanding growing by 79.7%.


Top Shareholders

Company Information

Gigas Hosting, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Gigas Hosting, S.A.
  • Ticker: GIGA
  • Exchange: BME
  • Founded: 2011
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: €85.109m
  • Shares outstanding: 7.70m
  • Website: https://gigas.com

Number of Employees


Location

  • Gigas Hosting, S.A.
  • Avenida De Fuencarral 44
  • Edificio 1
  • Alcobendas
  • Madrid
  • 28108
  • Spain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 23:01
End of Day Share Price2021/09/24 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.