NYSE:GGT

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Executive Summary

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


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 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 has decreased from 9% to 3% over the past year.


Market Performance


7 Day Return

-0.7%

GGT

0.2%

US Capital Markets

-1.4%

US Market


1 Year Return

18.8%

GGT

33.4%

US Capital Markets

37.1%

US Market

Return vs Industry: GGT underperformed the US Capital Markets industry which returned 29% over the past year.

Return vs Market: GGT underperformed the US Market which returned 34.1% over the past year.


Shareholder returns

GGTIndustryMarket
7 Day-0.7%0.2%-1.4%
30 Day13.3%7.6%1.6%
90 Day24.1%18.4%7.3%
1 Year34.9%18.8%36.8%33.4%40.2%37.1%
3 Year39.6%0.3%41.4%30.9%62.5%52.1%
5 Year125.6%31.0%152.2%120.9%133.9%108.0%

Long-Term 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?

1.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GGT ($9.43) is trading above our estimate of fair value ($7.69)

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 US 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 (1.5x) compared to the US Capital Markets industry average (10.6x).

Future Growth

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

13.4%

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?

2.7%

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, but has reduced losses over the past 5 years at a rate of 2.7% 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 (7.6%).


Return on Equity

High ROE: GGT has a negative Return on Equity (-6.74%), as it is currently unprofitable.

Financial Health

How is Gabelli Multimedia Trust's financial position?


Financial Position Analysis

Short Term Liabilities: GGT's short term assets ($558.6K) do not cover its short term liabilities ($743.6K).

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?

9.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GGT's dividend (9.33%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: GGT's dividend (9.33%) is in the top 25% of dividend payers in the US market (3.75%)


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?

15.1yrs

Average management tenure


CEO

Bruce Alpert (68 yo)

no data

Tenure

Mr. Bruce N. Alpert, CPA, has been a Executive Vice President at GAMCO Investors, Inc. He served as a Senior Vice President of GAMCO Investors Inc. since May 2008. Mr. Alpert is President at The Gabelli Di...


Leadership Team

NamePositionTenureCompensationOwnership
Mario Gabelli
Portfolio Managerno datano data3.05%
$ 7.1m
Christopher Marangi
Portfolio Managerno datano data0.0036%
$ 8.2k
Bruce Alpert
Principal Executive Officerno datano data0.00074%
$ 1.7k
Agnes Mullady
President & Chief Operating Officer of the Open-End Fund Division & Vice President15.08yrsno datano data
Douglas Jamieson
President of GAMCO Investors Inc and Chief Operating Officer of Gabelli Asset Management Incno datano datano data
Carter Austin
Senior Vice President11.08yrsUS$60.00kno data
Lawrence Haverty
Portfolio Manager16.08yrsno datano data
Christopher Dixon
Portfolio Managerno datano datano data
Howard Ward
Portfolio Managerno datano datano data
Caesar M. Bryan
Senior Vice President and Portfolio Managerno datano datano data
Ivan Arteaga
Portfolio Managerno datano datano data

15.1yrs

Average Tenure

66yo

Average Age

Experienced Management: GGT's management team is seasoned and experienced (15.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Salvatore Zizza
Independent Director27.08yrsUS$11.50k0.022%
$ 51.8k
James Conn
Independent Director27.08yrsUS$10.50k0.0040%
$ 9.3k
Frank Fahrenkopf
Independent Director21.5yrsUS$8.50kno data
Anthony Pustorino
Independent Director27.08yrsUS$13.50kno data
Anthony Colavita
Independent Director19.5yrsUS$11.50k0.020%
$ 46.7k
Thomas Bratter
Director Emeritus9.75yrsUS$8.75kno data
Werner Roeder
Independent Director21.25yrsUS$11.50kno data
Kuni Nakamura
Independent Director8.5yrsUS$8.50k0.037%
$ 84.6k
Gregory Dube
Director10.67yrsUS$8.50kno data

21.3yrs

Average Tenure

80yo

Average Age

Experienced Board: GGT's board of directors are seasoned and experienced ( 21.3 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 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% SER G PFDUSUSDDec 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. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/24 23:07
End of Day Share Price2021/02/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.