GTSM:6536

Stock Analysis Report

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Executive Summary

Tiga Gaming Inc. designs, manufactures, and sells slot cabinets and games, and live multi game machines and systems worldwide. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Tiga Gaming's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6536 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 6536's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

2.7%

6536

0.2%

TW Hospitality

-3.2%

TW Market


1 Year Return

10.7%

6536

20.1%

TW Hospitality

38.1%

TW Market

Return vs Industry: 6536 underperformed the TW Hospitality industry which returned 20% over the past year.

Return vs Market: 6536 underperformed the TW Market which returned 41.5% over the past year.


Shareholder returns

6536IndustryMarket
7 Day2.7%0.2%-3.2%
30 Day1.1%15.0%1.5%
90 Day25.9%4.0%12.1%
1 Year10.7%10.7%23.6%20.1%43.0%38.1%
3 Year-27.5%-31.3%-4.4%-13.3%63.9%45.5%
5 Year-83.1%-84.0%7.2%-8.1%120.0%81.3%

Long-Term Price Volatility Vs. Market

How volatile is Tiga Gaming's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tiga Gaming undervalued compared to its fair value and its price relative to the market?

6.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 6536's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 6536's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 6536 is unprofitable, so we can't compare its PE Ratio to the TW Hospitality industry average.

PE vs Market: 6536 is unprofitable, so we can't compare its PE Ratio to the TW market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6536's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6536 is overvalued based on its PB Ratio (6.5x) compared to the TW Hospitality industry average (2.4x).


Next Steps

Future Growth

How is Tiga Gaming forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

73.8%

Forecasted Consumer Services 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 Tiga Gaming 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.


Next Steps

Past Performance

How has Tiga Gaming performed over the past 5 years?

42.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6536 is currently unprofitable.

Growing Profit Margin: 6536 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6536 is unprofitable, but has reduced losses over the past 5 years at a rate of 42% per year.

Accelerating Growth: Unable to compare 6536's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6536 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-28.3%).


Return on Equity

High ROE: 6536 has a negative Return on Equity (-23.28%), as it is currently unprofitable.


Next Steps

Financial Health

How is Tiga Gaming's financial position?


Financial Position Analysis

Short Term Liabilities: 6536's short term assets (NT$91.9M) exceed its short term liabilities (NT$14.6M).

Long Term Liabilities: 6536's short term assets (NT$91.9M) exceed its long term liabilities (NT$2.2M).


Debt to Equity History and Analysis

Debt Level: 6536's debt to equity ratio (0%) is considered satisfactory.

Reducing Debt: 6536's debt to equity ratio has reduced from 0.8% to 0% 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: 6536 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 6536 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 56.3% each year


Next Steps

Dividend

What is Tiga Gaming current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6536's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6536'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 6536's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6536'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 6536's dividend in 3 years as they are not forecast to pay a notable one for the TW market.


Next Steps

Management

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

6.7yrs

Average management tenure


CEO

Tiga Gaming has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Rui Hua Wu
Manager of Finance Management Office6yrsno datano data
Jin Lin Lai
Senior Vice President of Operations6yrsno datano data
Si Ping Zeng
Accounting Director of the Finance Management Office6.67yrsno datano data
Shi Chang Xiao
Manager of Business Development Office12.25yrsno datano data
Shang Yi Xu
General Manager and Director10.42yrsno datano data

6.7yrs

Average Tenure

Experienced Management: 6536's management team is seasoned and experienced (6.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tiga Gaming Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tiga Gaming Inc.
  • Ticker: 6536
  • Exchange: GTSM
  • Founded: 2008
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: NT$505.421m
  • Shares outstanding: 26.32m
  • Website: https://www.tigagaming.com

Location

  • Tiga Gaming Inc.
  • No. 75, Xintai 5th Road
  • 11th Floor
  • New Taipei City
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6536GTSM (Taipei Exchange)YesCommon StockTWTWDJun 2015

Biography

Tiga Gaming Inc. designs, manufactures, and sells slot cabinets and games, and live multi game machines and systems worldwide. The company was founded in 2008 and is based in New Taipei City, Taiwan. Tiga ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 08:42
End of Day Share Price2021/03/04 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.