NasdaqCM:GIGM

Stock Analysis Report

Executive Summary

GigaMedia Limited provides digital entertainment services in Taiwan, Hong Kong, and Macau.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has GigaMedia's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.2%

GIGM

-0.7%

US Entertainment

0.07%

US Market


1 Year Return

-17.6%

GIGM

2.3%

US Entertainment

8.9%

US Market

Return vs Industry: GIGM underperformed the US Entertainment industry which returned 2.3% over the past year.

Return vs Market: GIGM underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

GIGMIndustryMarket
7 Day-4.2%-0.7%0.07%
30 Day4.5%-1.4%-0.3%
90 Day-6.0%-5.9%-1.6%
1 Year-17.6%-17.6%3.0%2.3%11.3%8.9%
3 Year-2.8%-2.8%52.8%47.8%46.3%36.8%
5 Year-51.2%-51.2%92.2%79.7%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is GigaMedia undervalued compared to its fair value and its price relative to the market?

0.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GIGM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GIGM's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: GIGM 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 GIGM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GIGM is good value based on its PB Ratio (0.5x) compared to the US Entertainment industry average (2.8x).


Next Steps

  • Explore potentially undervalued companies in the Media industry.

Future Growth

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

11.9%

Forecasted Media 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 GigaMedia 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.


Next Steps

Past Performance

How has GigaMedia performed over the past 5 years?

39.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GIGM is unprofitable, but has reduced losses over the past 5 years at a rate of 39.4% per year.

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

Earnings vs Industry: GIGM is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (12%).


Return on Equity

High ROE: GIGM has a negative Return on Equity (-4.8%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: GIGM is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GIGM is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is GigaMedia's financial position?


Financial Position Analysis

Short Term Liabilities: GIGM's short term assets ($59.5M) exceeds its short term liabilities ($3.5M)

Long Term Liabilities: GIGM's short term assets (59.5M) exceeds its long term liabilities (781.2K)


Debt to Equity History and Analysis

Debt Level: GIGM is debt free.

Reducing Debt: GIGM has no debt compared to 5 years ago when its debt to equity ratio was 22.7%.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if GIGM'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: Insufficient data to determine if GIGM has enough cash runway based on its current free cash flow.

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


Next Steps

Dividend

What is GigaMedia's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate GIGM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GIGM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if GIGM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GIGM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GIGM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of GigaMedia's salary, the management and board of directors tenure and is there insider trading?

5.9yrs

Average management tenure


CEO

James Huang (63yo)

2.4yrs

Tenure

0

Mr. Cheng-Ming Huang, also known as James, has been Chairman, Chief Executive Officer and Chief Financial Officer at GigaMedia Limited since May 5, 2017. Mr. Huang serves as Executive Director of AK Enterp ...


Management Age and Tenure

5.9yrs

Average Tenure

56yo

Average Age

Experienced Management: GIGM's management team is seasoned and experienced (5.9 years average tenure).


Board Age and Tenure

7.2yrs

Average Tenure

65yo

Average Age

Experienced Board: GIGM's board of directors are considered experienced (7.2 years average tenure).


Insider Trading

Insider Buying: GIGM insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$164,05520 Aug 19
Cheng-Ming Huang
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares69,742
Max PriceUS$2.40
BuyUS$169,66924 Jun 19
Cheng-Ming Huang
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares67,829
Max PriceUS$2.52
BuyUS$86,19117 Jun 19
Cheng-Ming Huang
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares35,432
Max PriceUS$2.55
BuyUS$419,43026 Dec 18
Cheng-Ming Huang
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares150,000
Max PriceUS$2.91

Ownership Breakdown


Management Team

  • James Huang (63yo)

    Chairman

    • Tenure: 2.4yrs
  • Quincy Tang (56yo)

    Special Advisor

    • Tenure: 7.7yrs
  • Simon Lee (45yo)

    Chief Executive Officer of GigaCloud

    • Tenure: 5.9yrs
  • Shih-Chin Huang

    Head of Finance Department

    • Tenure: 0yrs

Board Members

  • Damian Hong (71yo)

    Independent Non-Executive Director

    • Tenure: 6yrs
  • James Huang (63yo)

    Chairman

    • Tenure: 2.4yrs
  • John Huang (67yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
  • Nick Liu (57yo)

    Independent Non-Executive Director

    • Tenure: 8.6yrs
  • Casey Tung (68yo)

    Independent Non-Executive Director

    • Tenure: 7.9yrs
  • Billy Huang (61yo)

    Independent Non-Executive Director

    • Tenure: 6.5yrs

Company Information

GigaMedia Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GigaMedia Limited
  • Ticker: GIGM
  • Exchange: NasdaqCM
  • Founded: 1998
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: US$26.686m
  • Shares outstanding: 11.05m
  • Website: https://www.gigamedia.com

Number of Employees


Location

  • GigaMedia Limited
  • No. 22, Tiding Boulevard
  • 8th Floor
  • Taipei
  • 11492
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GIGMNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDFeb 2000
GIFNDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2000

Biography

GigaMedia Limited provides digital entertainment services in Taiwan, Hong Kong, and Macau. The company offers mobile and browser-based casual games through FunTown-branded platform. Its portfolio of PC-bas ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:45
End of Day Share Price2019/10/22 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.