Three Gates AB (publ) develops games in Sweden. More Details
+ 1 more risk
Excellent balance sheet and overvalued.
Share Price & News
How has Three Gates's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GATE is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: GATE's weekly volatility has decreased from 23% to 18% over the past year, but is still higher than 75% of Swedish stocks.
7 Day Return
1 Year Return
Return vs Industry: GATE underperformed the Swedish Entertainment industry which returned 114.2% over the past year.
Return vs Market: GATE underperformed the Swedish Market which returned 16.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Three Gates's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StDid You Manage To Avoid Three Gates' (NGM:GATE) 98% Share Price Wipe Out?
6 months ago | Simply Wall StWhat Type Of Shareholder Owns Three Gates AB (publ)'s (NGM:GATE)?
7 months ago | Simply Wall StThree Gates (NGM:GATE) Is Arguably In A Tricky Situation
Is Three Gates undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GATE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GATE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GATE is unprofitable, so we can't compare its PE Ratio to the SE Entertainment industry average.
PE vs Market: GATE is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GATE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GATE is good value based on its PB Ratio (2.5x) compared to the SE Entertainment industry average (3.9x).
How is Three Gates forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Three Gates 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.
How has Three Gates performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GATE is currently unprofitable.
Growing Profit Margin: GATE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GATE is unprofitable, and losses have increased over the past 5 years at a rate of 26.6% per year.
Accelerating Growth: Unable to compare GATE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GATE is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (56.8%).
Return on Equity
High ROE: GATE has a negative Return on Equity (-78.01%), as it is currently unprofitable.
How is Three Gates's financial position?
Financial Position Analysis
Short Term Liabilities: GATE's short term assets (SEK12.4M) do not cover its short term liabilities (SEK26.4M).
Long Term Liabilities: GATE's short term assets (SEK12.4M) exceed its long term liabilities (SEK2.2M).
Debt to Equity History and Analysis
Debt Level: GATE is debt free.
Reducing Debt: GATE had no debt 5 years ago.
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: GATE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GATE has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 14% each year.
What is Three Gates's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GATE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GATE'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 GATE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GATE'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 GATE's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Don Geyer (54 yo)
Mr. Don Geyer is Founder of Three Gates AB (publ) and serves as its Managing Director and Director. Mr. Geyer has been Chief Executive OFficer of of Three Gates AB (publ) since 2011. Mr. Geyer has more tha...
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 1194.2%.
Three Gates AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Three Gates AB (publ)
- Ticker: GATE
- Exchange: NGM
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: kr39.386m
- Shares outstanding: 63.73m
- Website: https://www.threegates.se
Number of Employees
- Three Gates AB (publ)
- S:T Hansgatan 35
- 621 56
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GATE||NGM (Nordic Growth Market)||Yes||Share Capital||SE||SEK||Sep 2016|
Three Gates AB (publ) develops games in Sweden. The company is based in Visby, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 20:14|
|End of Day Share Price||2020/11/26 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.