Gaming Innovation Group Inc., together with its subsidiaries, provides gaming, betting, media, and turnkey platform solutions and services in Nordic countries, other European countries, and internationally. More Details
High growth potential and slightly overvalued.
Share Price & News
How has Gaming Innovation Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GIG is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: GIG's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: GIG exceeded the Norwegian Hospitality industry which returned 46.7% over the past year.
Return vs Market: GIG exceeded the Norwegian Market which returned 20.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Gaming Innovation Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Chief Marketing Officer & MD of GiG Media of Gaming Innovation Group Inc. (OB:GIG), Jonas Warrer, Just Bought 5.3% More Shares
1 month ago | Simply Wall StWould Gaming Innovation Group (OB:GIG) Be Better Off With Less Debt?
3 months ago | Simply Wall StWe Might See A Profit From Gaming Innovation Group Inc. (OB:GIG) Soon
Is Gaming Innovation Group 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: GIG (NOK18.7) is trading below our estimate of fair value (NOK28.84)
Significantly Below Fair Value: GIG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GIG is unprofitable, so we can't compare its PE Ratio to the European Hospitality industry average.
PE vs Market: GIG is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GIG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GIG is overvalued based on its PB Ratio (13.5x) compared to the XE Hospitality industry average (1.8x).
How is Gaming Innovation Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GIG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: GIG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GIG's is expected to become profitable in the next 3 years.
Revenue vs Market: GIG's revenue (10.5% per year) is forecast to grow faster than the Norwegian market (5.8% per year).
High Growth Revenue: GIG's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GIG's Return on Equity is forecast to be very high in 3 years time (44.1%).
How has Gaming Innovation Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GIG is currently unprofitable.
Growing Profit Margin: GIG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GIG is unprofitable, and losses have increased over the past 5 years at a rate of 46.1% per year.
Accelerating Growth: Unable to compare GIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GIG is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (8.7%).
Return on Equity
High ROE: GIG has a negative Return on Equity (-34.93%), as it is currently unprofitable.
How is Gaming Innovation Group's financial position?
Financial Position Analysis
Short Term Liabilities: GIG's short term assets (€19.7M) do not cover its short term liabilities (€21.5M).
Long Term Liabilities: GIG's short term assets (€19.7M) do not cover its long term liabilities (€50.8M).
Debt to Equity History and Analysis
Debt Level: GIG's debt to equity ratio (323.1%) is considered high.
Reducing Debt: GIG's debt to equity ratio has increased from 11.3% to 323.1% over the past 5 years.
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: GIG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GIG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Gaming Innovation Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GIG'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 GIG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GIG'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 GIG's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard Brown (36 yo)
Mr. Richard Brown has been Chief Executive Officer of Gaming Innovation Group Inc. since November 06, 2019. Mr. Brown is responsible for the positioning of GiG and for aligning people, technology, product...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD374.22K) is about average for companies of similar size in the Norwegian market ($USD518.00K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Experienced Management: GIG's management team is considered experienced (2.8 years average tenure).
Experienced Board: GIG's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GIG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.4%.
Gaming Innovation Group Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Gaming Innovation Group Inc.
- Ticker: GIG
- Exchange: OB
- Founded: 2012
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr1.808b
- Shares outstanding: 96.68m
- Website: https://www.gig.com
Number of Employees
- Gaming Innovation Group Inc.
- @GiG Beach
- Golden Mile Business Centre
- St. Julian's
- STJ 3148
Gaming Innovation Group Inc., together with its subsidiaries, provides gaming, betting, media, and turnkey platform solutions and services in Nordic countries, other European countries, and internationally...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 16:21|
|End of Day Share Price||2021/09/17 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.