NYSE:GGT

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Share Price & News

How has Gabelli Multimedia Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GGT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.5%

GGT

-1.5%

US Capital Markets

-1.1%

US Market


1 Year Return

-1.4%

GGT

15.5%

US Capital Markets

17.9%

US Market

Return vs Industry: GGT underperformed the US Capital Markets industry which returned 15.5% over the past year.

Return vs Market: GGT underperformed the US Market which returned 17.9% over the past year.


Shareholder returns

GGTIndustryMarket
7 Day2.5%-1.5%-1.1%
30 Day2.7%0.6%1.4%
90 Day1.3%3.6%6.9%
1 Year9.6%-1.4%17.8%15.5%20.3%17.9%
3 Year40.8%4.0%37.9%30.2%47.8%38.3%
5 Year43.9%-15.0%81.3%64.5%71.9%53.0%

Price Volatility Vs. Market

How volatile is Gabelli Multimedia Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

1.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GGT ($8.36) is trading above our estimate of fair value ($6.12)

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


Price To Earnings Ratio

PE vs Industry: GGT is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: GGT 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 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 (1x) compared to the US Capital Markets industry average (6.6x).

Future Growth

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

8.7%

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?

-13.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GGT is currently unprofitable.

Growing Profit Margin: GGT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GGT is unprofitable, and losses have increased over the past 5 years at a rate of -13.7% per year.

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

Earnings vs Industry: GGT is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: GGT has a negative Return on Equity (0.73%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

Financial Health

How is Gabelli Multimedia Trust's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: GGT has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GGT's debt is covered by short term assets.


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: GGT has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if GGT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: GGT's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if GGT has a sufficient allowance for bad loans.

Low Risk Liabilities: GGT reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if GGT has an acceptable proportion of non-loan assets held.

Low Risk Deposits: GGT has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if GGT has an appropriate level of bad loans.

Dividend

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

10.53%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Gabelli Multimedia Trust before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company10.5%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: GGT's dividend (10.53%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: GGT's dividend (10.53%) is in the top 25% of dividend payers in the US market (3.73%)


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: GGT is paying a dividend but the company is unprofitable.


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?

20.4yrs

Average board tenure


CEO

Gabelli Multimedia Trust has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Salvatore Zizza
Independent Director26.1yrsUS$11.50k0.023% $46.7k
James Conn
Independent Director26.1yrsUS$10.50k0.0040% $8.4k
Frank Fahrenkopf
Independent Director20.5yrsUS$8.50kno data
Anthony Pustorino
Independent Director26.1yrsUS$13.50k0.026% $54.0k
Anthony Colavita
Independent Director18.5yrsUS$11.50k0.020% $42.0k
Thomas Bratter
Director Emeritus8.8yrsUS$8.75kno data
Werner Roeder
Independent Director20.3yrsUS$11.50kno data
Kuni Nakamura
Independent Director7.5yrsUS$8.50k0.033% $68.7k

20.4yrs

Average Tenure

79.5yo

Average Age

Experienced Board: GGT's board of directors are seasoned and experienced ( 20.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Gabelli Multimedia Trust Inc.'s company bio, 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GGTNYSE (New York Stock Exchange)YesCommon SharesUSUSDOct 1994
GGT.PRGNYSE (New York Stock Exchange)5.125 PFD SR GUSUSDDec 2019

Biography

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. The fund also invests in companies participating in emerging technological advances in interactive services and products. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index and MSCI World Free Index. It was formerly known as Gabelli Global Multimedia Trust Inc. The Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 01:11
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.