| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
GGT Stock Overview
The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.43 |
| 52 Week High | US$11.59 |
| 52 Week Low | US$8.11 |
| Beta | 1.4 |
| 1 Month Change | 0.48% |
| 3 Month Change | -10.60% |
| 1 Year Change | 2.18% |
| 3 Year Change | 4.20% |
| 5 Year Change | 10.05% |
| Change since IPO | 12.40% |
Recent News & Updates
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
| GGT | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -3.3% | -5.5% | -4.6% |
| 1Y | 2.2% | 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
| GGT volatility | |
|---|---|
| GGT Average Weekly Movement | 3.5% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | n/a | Bruce Alpert | https://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
| GGT fundamental statistics | |
|---|---|
| Market Cap | US$230.10m |
| Earnings (TTM) | US$28.18m |
| Revenue (TTM) | US$3.88m |
8.2x
P/E Ratio59.4x
P/S RatioIs GGT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GGT income statement (TTM) | |
|---|---|
| Revenue | US$3.88m |
| Cost of Revenue | US$0 |
| Gross Profit | US$3.88m |
| Expenses | -US$24.31m |
| Earnings | US$28.18m |
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.03 |
| Gross Margin | 100.00% |
| Net Profit Margin | 727.30% |
| Debt/Equity Ratio | 0.0% |
How did GGT perform over the long term?
See historical performance and comparisonDividends
10.4%
Current Dividend Yield79%
Payout RatioValuation
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
- Name: The Gabelli Multimedia Trust Inc.
- Ticker: GGT
- Exchange: NYSE
- Founded: 1994
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$230.101m
- Shares outstanding: 27.30m
- Website: https://www.gabelli.com/Template/fundinfo.cfm?tid=NDU1NDE=&bid=NmU3Yw==&mid=NzRmMjU=&num=MTczY2Y=&kid=MTU5NDA=&fid=NzFhOWI=&rid=211-=edoc_dnuf
Location
- The Gabelli Multimedia Trust Inc.
- One Corporate Center
- Rye
- New York
- 10580-1422
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:41 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.