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GIGA

Giga-tronics OTCPK:GIGA Stock Report

Last Price

US$1.50

Market Cap

US$4.2m

7D

-1.8%

1Y

-57.1%

Updated

13 May, 2022

Data

Company Financials
GIGA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

GIGA Stock Overview

Giga-tronics Incorporated, together with its subsidiaries, develops and manufactures electronics equipment for military test and airborne operational applications in the United States and internationally.

Giga-tronics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Giga-tronics
Historical stock prices
Current Share PriceUS$1.50
52 Week HighUS$4.27
52 Week LowUS$1.49
Beta1.2
1 Month Change-36.17%
3 Month Change-42.31%
1 Year Change-57.14%
3 Year Change-71.56%
5 Year Change-87.95%
Change since IPO-98.62%

Recent News & Updates

Shareholder Returns

GIGAUS Aerospace & DefenseUS Market
7D-1.8%-3.9%-2.5%
1Y-57.1%3.8%-10.4%

Return vs Industry: GIGA underperformed the US Aerospace & Defense industry which returned 6.5% over the past year.

Return vs Market: GIGA underperformed the US Market which returned -10.8% over the past year.

Price Volatility

Is GIGA's price volatile compared to industry and market?
GIGA volatility
GIGA Average Weekly Movement14.3%
Aerospace & Defense Industry Average Movement6.8%
Market Average Movement7.8%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: GIGA is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: GIGA's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
198042John Regazzihttps://gigatronics.com

Giga-tronics Incorporated, together with its subsidiaries, develops and manufactures electronics equipment for military test and airborne operational applications in the United States and internationally. It operates through two segments, Microsource and the Giga-tronics Division. The company also develops microwave integrated components, as well as MIC components; Band Reject Filters for RADAR/EW (electronic warfare) for solving interference problems in RADAR/EW applications; self-protection systems for military aircrafts; and RADAR filters for military fighter jet aircraft.

Giga-tronics Fundamentals Summary

How do Giga-tronics's earnings and revenue compare to its market cap?
GIGA fundamental statistics
Market CapUS$4.15m
Earnings (TTM)-US$2.42m
Revenue (TTM)US$10.32m

0.4x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GIGA income statement (TTM)
RevenueUS$10.32m
Cost of RevenueUS$6.63m
Gross ProfitUS$3.69m
Other ExpensesUS$6.11m
Earnings-US$2.42m

Last Reported Earnings

Dec 25, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.88
Gross Margin35.73%
Net Profit Margin-23.50%
Debt/Equity Ratio14.4%

How did GIGA perform over the long term?

See historical performance and comparison

Valuation

Is Giga-tronics undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


2.27x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GIGA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GIGA's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: GIGA is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GIGA's PB Ratio (2.3x) is in line with the US Aerospace & Defense industry average.


Future Growth

How is Giga-tronics 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


11.9%

Forecasted Capital Goods 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 Giga-tronics 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 Giga-tronics performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GIGA is currently unprofitable.

Growing Profit Margin: GIGA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GIGA is unprofitable, but has reduced losses over the past 5 years at a rate of 19.2% per year.

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

Earnings vs Industry: GIGA is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (14.7%).


Return on Equity

High ROE: GIGA has a negative Return on Equity (-50.87%), as it is currently unprofitable.


Financial Health

How is Giga-tronics's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GIGA's short term assets ($6.8M) exceed its short term liabilities ($3.1M).

Long Term Liabilities: GIGA's short term assets ($6.8M) exceed its long term liabilities ($332.0K).


Debt to Equity History and Analysis

Debt Level: GIGA's net debt to equity ratio (7.6%) is considered satisfactory.

Reducing Debt: GIGA's debt to equity ratio has reduced from 33.6% to 14.4% 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: GIGA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GIGA has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.1% each year.


Dividend

What is Giga-tronics'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 GIGA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if GIGA'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 GIGA has not reported any payouts.


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

John Regazzi (66 yo)

4.33yrs

Tenure

US$304,815

Compensation

Mr. John R. Regazzi has been Chief Executive Officer at Giga-tronics Inc. since January 5, 2018 and also serves as its Secretary. He was Chief Technical Officer of at Giga-tronics Inc. since August 19, 201...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD304.82K) is below average for companies of similar size in the US market ($USD787.50K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GIGA's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: GIGA's board of directors are seasoned and experienced ( 11.3 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 5%.


Top Shareholders

Company Information

Giga-tronics Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Giga-tronics Incorporated
  • Ticker: GIGA
  • Exchange: OTCPK
  • Founded: 1980
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: US$4.151m
  • Shares outstanding: 2.77m
  • Website: https://gigatronics.com

Number of Employees


Location

  • Giga-tronics Incorporated
  • 5990 Gleason Drive
  • Dublin
  • California
  • 94568
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/13 00:00
End of Day Share Price2022/05/10 00:00
Earnings2021/12/25
Annual Earnings2021/03/27


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.