NasdaqCM:GSMG

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Glory Star New Media Group Holdings

Market Cap

US$182.4m

Last Updated

2021/06/19 07:36 UTC

Data Sources

Company Financials

Executive Summary

Glory Star New Media Group Holdings Limited provides advertisement and content production services in China. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Glory Star New Media Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GSMG is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: GSMG's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-9.7%

GSMG

0.3%

US Interactive Media and Services

-0.2%

US Market


1 Year Return

-33.6%

GSMG

59.3%

US Interactive Media and Services

39.4%

US Market

Return vs Industry: GSMG underperformed the US Interactive Media and Services industry which returned 59.3% over the past year.

Return vs Market: GSMG underperformed the US Market which returned 39.4% over the past year.


Shareholder returns

GSMGIndustryMarket
7 Day-9.7%0.3%-0.2%
30 Day-25.2%7.6%3.1%
90 Day-24.6%13.2%5.6%
1 Year-33.6%-33.6%59.3%59.3%41.7%39.4%
3 Yearn/a79.1%78.8%59.7%49.9%
5 Yearn/a195.9%195.4%122.6%97.6%

Long-Term Price Volatility Vs. Market

How volatile is Glory Star New Media Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Glory Star New Media Group Holdings undervalued compared to its fair value and its price relative to the market?

2.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GSMG ($2.74) is trading above our estimate of fair value ($0.2)

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


Price To Earnings Ratio

PE vs Industry: GSMG is good value based on its PE Ratio (3x) compared to the US Interactive Media and Services industry average (32x).

PE vs Market: GSMG is good value based on its PE Ratio (3x) compared to the US market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GSMG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GSMG is good value based on its PB Ratio (1.5x) compared to the US Interactive Media and Services industry average (3.7x).


Future Growth

How is Glory Star New Media Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.4%

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 Glory Star New Media Group Holdings 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 Glory Star New Media Group Holdings performed over the past 5 years?

86.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: GSMG has a high level of non-cash earnings.

Growing Profit Margin: GSMG's current net profit margins (39.6%) are lower than last year (40%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if GSMG's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare GSMG's past year earnings growth to its 5-year average.

Earnings vs Industry: GSMG earnings growth over the past year (86.2%) exceeded the Interactive Media and Services industry 9.9%.


Return on Equity

High ROE: GSMG's Return on Equity (46.9%) is considered outstanding.


Financial Health

How is Glory Star New Media Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: GSMG's short term assets ($103.1M) exceed its short term liabilities ($35.4M).

Long Term Liabilities: GSMG's short term assets ($103.1M) exceed its long term liabilities ($3.6M).


Debt to Equity History and Analysis

Debt Level: GSMG's debt to equity ratio (9.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GSMG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GSMG's debt is well covered by operating cash flow (88.4%).

Interest Coverage: GSMG's interest payments on its debt are well covered by EBIT (108.8x coverage).


Balance Sheet


Dividend

What is Glory Star New Media Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if GSMG'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 GSMG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Bing Zhang (52 yo)

1.33yrs

Tenure

US$2,507,827

Compensation

Mr. Bing Zhang serves as Chairman, Chief Executive Officer and Director of Glory Star New Media Group Holdings Limited since February 2020. Mr. Zhang has been the Chairman of Glory Star Group since 2019 an...


CEO Compensation Analysis

Compensation vs Market: Bing's total compensation ($USD2.51M) is above average for companies of similar size in the US market ($USD1.06M).

Compensation vs Earnings: Bing's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: GSMG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: GSMG's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 20.8%.


Top Shareholders

Company Information

Glory Star New Media Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Glory Star New Media Group Holdings Limited
  • Ticker: GSMG
  • Exchange: NasdaqCM
  • Founded: 2016
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$182.388m
  • Shares outstanding: 67.55m
  • Website: https://www.yaoshixinghui.com

Number of Employees


Location

  • Glory Star New Media Group Holdings Limited
  • Xinhua Technology Building
  • Block B, 22nd Floor
  • Beijing
  • Beijing Province
  • 100016
  • China

Listings


Biography

Glory Star New Media Group Holdings Limited provides advertisement and content production services in China. The company also engages in mobile and online digital advertising, and media and entertainment b...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/19 07:36
End of Day Share Price2021/06/18 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.