NasdaqCM:GIGM

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • GigaMedia is not covered by any analysts.

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

-2.1%

NasdaqCM:GIGM

-2.1%

US Entertainment

-1.6%

US Market


1 Year Return

-24.3%

NasdaqCM:GIGM

-1.2%

US Entertainment

-3.0%

US Market

GIGM underperformed the Entertainment industry which returned -1.2% over the past year.

GIGM underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

GIGMIndustryMarket
7 Day-2.1%-2.1%-1.6%
30 Day-10.2%-6.2%-5.7%
90 Day-3.0%-3.1%0.2%
1 Year-24.3%-24.3%-0.5%-1.2%-0.8%-3.0%
3 Year-11.6%-11.6%59.8%54.5%38.1%29.1%
5 Year-53.9%-53.9%82.1%70.8%50.8%34.1%

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 based on future cash flows and its price relative to the stock market?

0.44x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for GigaMedia to establish if it is available at moderate discount.

Unable to calculate intrinsic value for GigaMedia to establish if it is available at substantial discount.


Price Based on Earnings

GigaMedia is loss making, we can't compare its value to the US Entertainment industry average.

GigaMedia is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for GigaMedia, we can't assess if its growth is good value.


Price Based on Value of Assets

GigaMedia is good value based on assets compared to the US Entertainment industry average.


Next Steps

Future Growth

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

13.2%

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

GigaMedia does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare GigaMedia's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare GigaMedia's 1-year growth to the US Entertainment industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if GigaMedia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if GigaMedia has efficiently used its assets last year compared to the US Entertainment industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if GigaMedia improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is GigaMedia's financial position?


Financial Position Analysis

GigaMedia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

GigaMedia's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

GigaMedia has no debt.

GigaMedia has no debt compared to 5 years ago when it was 22.7%.


Balance Sheet

Low level of unsold assets.

GigaMedia has no debt, it does not need to be 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.

GigaMedia has sufficient cash runway for more than 3 years based on current free cash flow.

GigaMedia has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -28.8% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate GigaMedia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate GigaMedia's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as GigaMedia has not reported any payouts.

Unable to verify if GigaMedia's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as GigaMedia has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

James Huang (63yo)

2.3yrs

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

5.8yrs

Average Tenure

56yo

Average Age

The average tenure for the GigaMedia management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.0yrs

Average Tenure

65yo

Average Age

The tenure for the GigaMedia board of directors is about average.


Insider Trading

More shares have been bought than sold by GigaMedia individual insiders 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
BuyUS$209,40818 Sep 18
Cheng-Ming Huang
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares69,967
Max PriceUS$3.00

Ownership Breakdown


Management Team

  • James Huang (63yo)

    Chairman

    • Tenure: 2.3yrs
  • Quincy Tang (56yo)

    Special Advisor

    • Tenure: 7.5yrs
  • Simon Lee (45yo)

    Chief Executive Officer of GigaCloud

    • Tenure: 5.8yrs
  • Shih-Chin Huang

    Head of Finance Department

    • Tenure: 0.0yrs

Board Members

  • Damian Hong (71yo)

    Independent Non-Executive Director

    • Tenure: 5.8yrs
  • James Huang (63yo)

    Chairman

    • Tenure: 2.3yrs
  • John Huang (67yo)

    Independent Non-Executive Director

    • Tenure: 8.6yrs
  • Nick Liu (57yo)

    Independent Non-Executive Director

    • Tenure: 8.4yrs
  • Casey Tung (68yo)

    Independent Non-Executive Director

    • Tenure: 7.8yrs
  • Billy Huang (61yo)

    Independent Non-Executive Director

    • Tenure: 6.3yrs

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$25.199m
  • 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 Analysis2019/08/24 23:52
End of Day Share Price2019/08/23 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.