Tiga Gaming
Market Cap
NT$505.4m
Last Updated
2021/03/05 08:42 UTC
Data Sources
Company Financials
Executive Summary
Tiga Gaming Inc. designs, manufactures, and sells slot cabinets and games, and live multi game machines and systems worldwide. More Details
Risk Analysis
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
| 6536 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 0.2% | -3.2% |
| 30 Day | 1.1% | 15.0% | 1.5% |
| 90 Day | 25.9% | 4.0% | 12.1% |
| 1 Year | 10.7%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
6 months ago | Simply Wall St
We're Interested To See How Tiga Gaming (GTSM:6536) Uses Its Cash Hoard To Grow10 months ago | Simply Wall St
Did You Manage To Avoid Tiga Gaming's (GTSM:6536) Devastating 78% Share Price Drop?11 months ago | Simply Wall St
We're Excited To See How Tiga Gaming (GTSM:6536) Uses Its Cash Hoard To GrowValuation
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
- Examine Tiga Gaming's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Consumer Services industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Manager of Finance Management Office | 6yrs | no data | no data | |
| Senior Vice President of Operations | 6yrs | no data | no data | |
| Accounting Director of the Finance Management Office | 6.67yrs | no data | no data | |
| Manager of Business Development Office | 12.25yrs | no data | no data | |
| General Manager and Director | 10.42yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6536 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Jun 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 08:42 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.