IGG Inc, an investment holding company, engages in the development and operation of mobile and online games in Asia, North America, Europe, and internationally. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has IGG's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 799 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 799's weekly volatility (11%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 799 exceeded the Hong Kong Entertainment industry which returned 30.1% over the past year.
Return vs Market: 799 exceeded the Hong Kong Market which returned 28.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is IGG's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StCo-Founder Zongjian Cai Just Bought A Handful Of Shares In IGG Inc (HKG:799)
1 week ago | Simply Wall StIGG (HKG:799) Could Become A Multi-Bagger
3 weeks ago | Simply Wall StHave Insiders Been Buying IGG Inc (HKG:799) Shares?
Is IGG undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 799 (HK$11.92) is trading below our estimate of fair value (HK$22.84)
Significantly Below Fair Value: 799 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 799 is good value based on its PE Ratio (6.9x) compared to the HK Entertainment industry average (11x).
PE vs Market: 799 is good value based on its PE Ratio (6.9x) compared to the Hong Kong market (11.8x).
Price to Earnings Growth Ratio
PEG Ratio: 799's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 799 is overvalued based on its PB Ratio (3.7x) compared to the HK Entertainment industry average (1.4x).
How is IGG forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 799's earnings are forecast to decline over the next 3 years (-11.2% per year).
Earnings vs Market: 799's earnings are forecast to decline over the next 3 years (-11.2% per year).
High Growth Earnings: 799's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 799's revenue (8% per year) is forecast to grow slower than the Hong Kong market (13.3% per year).
High Growth Revenue: 799's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 799's Return on Equity is forecast to be high in 3 years time (25%)
How has IGG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 799 has a high level of non-cash earnings.
Growing Profit Margin: 799's current net profit margins (38.4%) are higher than last year (24.7%).
Past Earnings Growth Analysis
Earnings Trend: 799's earnings have grown significantly by 27.6% per year over the past 5 years.
Accelerating Growth: 799's earnings growth over the past year (63.6%) exceeds its 5-year average (27.6% per year).
Earnings vs Industry: 799 earnings growth over the past year (63.6%) exceeded the Entertainment industry 29.3%.
Return on Equity
High ROE: 799's Return on Equity (54.3%) is considered outstanding.
How is IGG's financial position?
Financial Position Analysis
Short Term Liabilities: 799's short term assets ($349.8M) exceed its short term liabilities ($124.7M).
Long Term Liabilities: 799's short term assets ($349.8M) exceed its long term liabilities ($7.2M).
Debt to Equity History and Analysis
Debt Level: 799 is debt free.
Reducing Debt: 799 has not had any debt for past 5 years.
Debt Coverage: 799 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 799 has no debt, therefore coverage of interest payments is not a concern.
What is IGG current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 799's dividend (4.43%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.95%).
High Dividend: 799's dividend (4.43%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.98%).
Stability and Growth of Payments
Stable Dividend: 799 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 799's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.7%), 799's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 799 is not forecast to pay a dividend in 3 years.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Duke Cai (42 yo)
Mr. Zongjian Cai, also known as Duke, co-founded IGG Inc. in 2005 and serves as its Chief Executive Officer. Mr. Cai has been an Executive Director of IGG Inc. since October 31, 2007 and also serves as its...
CEO Compensation Analysis
Compensation vs Market: Duke 's total compensation ($USD724.00K) is about average for companies of similar size in the Hong Kong market ($USD618.15K).
Compensation vs Earnings: Duke 's compensation has been consistent with company performance over the past year.
Experienced Management: 799's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: 799's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 799 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IGG Inc's company bio, employee growth, exchange listings and data sources
- Name: IGG Inc
- Ticker: 799
- Exchange: SEHK
- Founded: 2006
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: HK$13.897b
- Shares outstanding: 1.19b
- Website: https://www.igg.com
Number of Employees
- IGG Inc
- 80 Pasir Panjang Road
- No. 18-84 Mapletree Business City
IGG Inc, an investment holding company, engages in the development and operation of mobile and online games in Asia, North America, Europe, and internationally. The company offers free-to-play mobile, brow...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 10:28|
|End of Day Share Price||2021/04/19 00:00|
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.