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GGT

Gabelli Multimedia TrustNYSE:GGT Stock Report

Last Price

US$8.43

Market Cap

US$230.1m

7D

-3.3%

1Y

2.2%

Updated

19 Jan, 2022

Data

Company Financials
GGT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

GGT Stock Overview

The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for Gabelli Multimedia Trust
Historical stock prices
Current Share PriceUS$8.43
52 Week HighUS$11.59
52 Week LowUS$8.11
Beta1.4
1 Month Change0.48%
3 Month Change-10.60%
1 Year Change2.18%
3 Year Change4.20%
5 Year Change10.05%
Change since IPO12.40%

Recent News & Updates

Nov 13

Gabelli Multi-Media declares $0.22 dividend

Gabelli Multi-Media (GGT) declares $0.22/share quarterly dividend, in line with previous.Forward yield 12.52%Payable Dec. 18; for shareholders of record Dec. 11; ex-div Dec. 10.See GGT Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

GGTUS Capital MarketsUS Market
7D-3.3%-5.5%-4.6%
1Y2.2%24.6%7.7%

Return vs Industry: GGT underperformed the US Capital Markets industry which returned 25.7% over the past year.

Return vs Market: GGT underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is GGT's price volatile compared to industry and market?
GGT volatility
GGT Average Weekly Movement3.5%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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

Volatility Over Time: GGT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aBruce Alperthttps://www.gabelli.com/Template/fundinfo.cfm?tid=NDU1NDE=&bid=NmU3Yw==&mid=NzRmMjU=&num=MTczY2Y=&kid=MTU5NDA=&fid=NzFhOWI=&rid=211-=edoc_dnuf

The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries.

Gabelli Multimedia Trust Fundamentals Summary

How do Gabelli Multimedia Trust's earnings and revenue compare to its market cap?
GGT fundamental statistics
Market CapUS$230.10m
Earnings (TTM)US$28.18m
Revenue (TTM)US$3.88m

8.2x

P/E Ratio

59.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GGT income statement (TTM)
RevenueUS$3.88m
Cost of RevenueUS$0
Gross ProfitUS$3.88m
Expenses-US$24.31m
EarningsUS$28.18m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)1.03
Gross Margin100.00%
Net Profit Margin727.30%
Debt/Equity Ratio0.0%

How did GGT perform over the long term?

See historical performance and comparison

Dividends

10.4%

Current Dividend Yield

79%

Payout Ratio

Valuation

Is Gabelli Multimedia Trust undervalued compared to its fair value and its price relative to the market?

8.16x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GGT ($8.43) is trading above our estimate of fair value ($5.45)

Significantly Below Fair Value: GGT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GGT is good value based on its PE Ratio (8.2x) compared to the US Capital Markets industry average (15.5x).

PE vs Market: GGT is good value based on its PE Ratio (8.2x) compared to the US market (17x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GGT is good value based on its PB Ratio (1.1x) compared to the US Capital Markets industry average (42.2x).

Future Growth

How is Gabelli Multimedia Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Diversified Financials 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 Gabelli Multimedia Trust 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 Gabelli Multimedia Trust performed over the past 5 years?

-37.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: GGT has a large one-off gain of $32.9M impacting its December 31 2020 financial results.

Growing Profit Margin: GGT's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: GGT has become profitable over the past 5 years.

Accelerating Growth: GGT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GGT had negative earnings growth (-37.4%) over the past year, making it difficult to compare to the Capital Markets industry average (86.4%).


Return on Equity

High ROE: GGT's Return on Equity (10.9%) is considered low.

Financial Health

How is Gabelli Multimedia Trust's financial position?


Financial Position Analysis

Short Term Liabilities: GGT's short term assets ($895.4K) do not cover its short term liabilities ($1.1M).

Long Term Liabilities: GGT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GGT is debt free.

Reducing Debt: GGT has not had any debt for past 5 years.

Debt Coverage: GGT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GGT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is Gabelli Multimedia Trust current dividend yield, its reliability and sustainability?

10.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GGT's dividend (10.44%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: GGT's dividend (10.44%) is in the top 25% of dividend payers in the US market (3.48%)


Stability and Growth of Payments

Stable Dividend: GGT's dividend payments have been volatile in the past 10 years.

Growing Dividend: GGT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (78.9%), GGT's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

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

17.0yrs

Average management tenure


CEO

Bruce Alpert (69 yo)

19yrs

Tenure

Mr. Bruce N. Alpert, CPA, has been the President of GAMCO Global Gold, Natural Resources & Income Trust since 2005. He serves as a Senior Vice President of GAMCO Investors Inc. since May 2008. Mr. Alpert i...


Leadership Team

Experienced Management: GGT's management team is seasoned and experienced (17 years average tenure).


Board Members

Experienced Board: GGT's board of directors are seasoned and experienced ( 22.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GGT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.4%.


Top Shareholders

Company Information

The Gabelli Multimedia Trust Inc.'s employee growth, exchange listings and data sources


Key Information


Location

  • The Gabelli Multimedia Trust Inc.
  • One Corporate Center
  • Rye
  • New York
  • 10580-1422
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:41
End of Day Share Price2022/01/19 00:00
Earnings2020/12/31
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.