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GTG

Gold Town Games NGM:GTG Stock Report

Last Price

kr1.81

Market Cap

kr70.6m

7D

-2.8%

1Y

6.4%

Updated

23 May, 2022

Data

Company Financials
GTG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

GTG Stock Overview

Gold Town Games AB (publ) operates as a mobile game development company worldwide.

Gold Town Games Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Gold Town Games
Historical stock prices
Current Share Pricekr1.81
52 Week Highkr0
52 Week Lowkr0
Beta0.91
1 Month Change-7.47%
3 Month Change-14.72%
1 Year Change6.35%
3 Year Change-20.70%
5 Year Change-50.47%
Change since IPO-64.20%

Recent News & Updates

Shareholder Returns

GTGSE EntertainmentSE Market
7D-2.8%8.1%0.05%
1Y6.4%-37.8%-12.2%

Return vs Industry: GTG exceeded the Swedish Entertainment industry which returned -37.8% over the past year.

Return vs Market: GTG exceeded the Swedish Market which returned -12.7% over the past year.

Price Volatility

Is GTG's price volatile compared to industry and market?
GTG volatility
GTG Average Weekly Movement9.9%
Entertainment Industry Average Movement8.3%
Market Average Movement7.6%
10% most volatile stocks in SE Market12.8%
10% least volatile stocks in SE Market4.9%

Stable Share Price: GTG is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: GTG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201523Par Hultgrenhttps://www.goldtowngames.com

Gold Town Games AB (publ) operates as a mobile game development company worldwide. It offers World Hockey Manager, a mobile hockey manager game. The company was founded in 2015 and is based in Skellefteå, Sweden.

Gold Town Games Fundamentals Summary

How do Gold Town Games's earnings and revenue compare to its market cap?
GTG fundamental statistics
Market Capkr70.64m
Earnings (TTM)kr292.94k
Revenue (TTM)kr17.27m

241.4x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GTG income statement (TTM)
Revenuekr17.27m
Cost of Revenuekr7.06m
Gross Profitkr10.21m
Other Expenseskr9.92m
Earningskr292.94k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0075
Gross Margin59.12%
Net Profit Margin1.70%
Debt/Equity Ratio21.4%

How did GTG perform over the long term?

See historical performance and comparison

Valuation

Is Gold Town Games undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: GTG (SEK1.81) is trading below our estimate of fair value (SEK8.33)

Significantly Below Fair Value: GTG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GTG is poor value based on its PE Ratio (241.4x) compared to the Swedish Entertainment industry average (21.7x).

PE vs Market: GTG is poor value based on its PE Ratio (241.4x) compared to the Swedish market (17.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GTG is good value based on its PB Ratio (1.6x) compared to the SE Entertainment industry average (2.1x).


Future Growth

How is Gold Town Games forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.5%

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 Gold Town Games 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.


Past Performance

How has Gold Town Games performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GTG has high quality earnings.

Growing Profit Margin: GTG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GTG has become profitable over the past 5 years, growing earnings by 12% per year.

Accelerating Growth: GTG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GTG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (11.1%).


Return on Equity

High ROE: GTG's Return on Equity (0.06%) is considered low.


Financial Health

How is Gold Town Games's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GTG's short term assets (SEK16.8M) exceed its short term liabilities (SEK3.4M).

Long Term Liabilities: GTG's short term assets (SEK16.8M) exceed its long term liabilities (SEK11.8M).


Debt to Equity History and Analysis

Debt Level: GTG's net debt to equity ratio (13.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GTG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GTG's debt is well covered by operating cash flow (106%).

Interest Coverage: GTG's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Dividend

What is Gold Town Games's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GTG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GTG has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.3yrs

Average board tenure


CEO

Par Hultgren (44 yo)

no data

Tenure

Mr. Par Hultgren serves as the Chief Executive Officer and Managing Director of Gold Town Games AB (publ). Mr. Hultgren graduated from Chaos Pilot Business School in Aarhus, Denmark.


Board Members

Experienced Board: GTG's board of directors are considered experienced (3.3 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 diluted in the past year, with total shares outstanding growing by 35.4%.


Top Shareholders

Company Information

Gold Town Games AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Gold Town Games AB (publ)
  • Ticker: GTG
  • Exchange: NGM
  • Founded: 2015
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Implied Market Cap: kr70.641m
  • Shares outstanding: 39.07m
  • Website: https://www.goldtowngames.com

Number of Employees


Location

  • Gold Town Games AB (publ)
  • Storgatan 53
  • Skellefteå
  • Västerbotten County
  • 931 30
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/09/30
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.