Giga Media Stock Analysis

GIGM Stock  USD 1.46  0.03  2.01%   
Giga Media is fairly valued with Real Value of 1.44 and Hype Value of 1.46. The main objective of Giga Media stock analysis is to determine its intrinsic value, which is an estimate of what Giga Media is worth, separate from its market price. There are two main types of Giga Media's stock analysis: fundamental analysis and technical analysis.
The Giga Media stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Giga Media is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Giga Stock trading window is adjusted to America/New York timezone.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.

Giga Stock Analysis Notes

About 46.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Giga Media recorded a loss per share of 0.36. The entity last dividend was issued on the 1st of April 2002. The firm had 1:5 split on the 16th of December 2015. GigaMedia Limited, together with its subsidiaries, provides digital entertainment services in Taiwan and Hong Kong. GigaMedia Limited was founded in 1998 and is headquartered in Taipei, Taiwan. Gigamedia operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 123 people. To learn more about Giga Media call ChengMing Huang at 886 2 2656 8000 or check out https://www.gigamedia.com.

Giga Media Investment Alerts

Giga Media may become a speculative penny stock
The company reported the previous year's revenue of 4.29 M. Net Loss for the year was (3.4 M) with profit before overhead, payroll, taxes, and interest of 3.25 M.
Giga Media currently holds about 39.32 M in cash with (1.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.56, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 46.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: GigaMedia Third Quarter 2024 Earnings US0.029 loss per share

Giga Media Upcoming and Recent Events

29th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Giga Largest EPS Surprises

Earnings surprises can significantly impact Giga Media's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-05-13
2010-03-31-0.2-0.25-0.0525 
2009-06-09
2009-03-310.450.4-0.0511 
2005-06-08
2005-03-310.050.10.05100 
View All Earnings Estimates

Giga Media Thematic Classifications

In addition to having Giga Media stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Online Gaming Idea
Online Gaming
Equities that are involved in online gaming space
Social Domain Idea
Social Domain
Companies that are actively involved or directly contribute to the development of various social networking technologies

Giga Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2024-06-30
481.6 K
Two Sigma Advisers, Llc2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
45.7 K
Two Sigma Investments Llc2024-06-30
24.1 K
Bnp Paribas Arbitrage, Sa2024-06-30
7.8 K
Barclays Plc2024-06-30
3.6 K
Householder Group Estate & Retirement Specialist, Llc2024-09-30
75.0
Glen Eagle Advisors, Llc2024-06-30
2.0
Acadian Asset Management Llc2024-06-30
0.0
Susquehanna International Group, Llp2024-06-30
0.0
Ridgewood Investments Llc2024-09-30
0.0
Note, although Giga Media's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Giga Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.14 M.

Giga Profitablity

The company has Profit Margin (PM) of (1.25) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.31) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.31.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.07)(0.08)
Return On Capital Employed(0.07)(0.08)
Return On Assets(0.07)(0.08)
Return On Equity(0.08)(0.08)

Management Efficiency

Giga Media has return on total asset (ROA) of (0.0501) % which means that it has lost $0.0501 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0865) %, meaning that it created substantial loss on money invested by shareholders. Giga Media's management efficiency ratios could be used to measure how well Giga Media manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.08. At this time, Giga Media's Total Current Assets are very stable compared to the past year. As of the 23rd of November 2024, Net Tangible Assets is likely to grow to about 49.6 M, while Total Assets are likely to drop about 44.2 M.
Last ReportedProjected for Next Year
Book Value Per Share 3.94  3.74 
Tangible Book Value Per Share 3.94  3.74 
Enterprise Value Over EBITDA 7.40  7.03 
Price Book Value Ratio 0.35  0.34 
Enterprise Value Multiple 7.40  7.03 
Price Fair Value 0.35  0.34 
Enterprise Value8.4 MM
At Giga Media, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Operating Margin
(1.31)
Profit Margin
(1.25)
Beta
0.371
Return On Assets
(0.05)
Return On Equity
(0.09)

Technical Drivers

As of the 23rd of November, Giga Media retains the Downside Deviation of 1.86, risk adjusted performance of 0.0795, and Market Risk Adjusted Performance of 1.35. Giga Media technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Giga Media variance, as well as the relationship between the maximum drawdown and semi variance to decide if Giga Media is priced fairly, providing market reflects its last-minute price of 1.46 per share. Please also validate Giga Media total risk alpha, which is currently at (0.12) to confirm the company can sustain itself at a future point.

Giga Media Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Giga Media middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Giga Media. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Giga Media Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Giga Media insiders, such as employees or executives, is commonly permitted as long as it does not rely on Giga Media's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Giga Media insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Giga Media Outstanding Bonds

Giga Media issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Giga Media uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Giga bonds can be classified according to their maturity, which is the date when Giga Media has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Giga Media Predictive Daily Indicators

Giga Media intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Giga Media stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Giga Media Forecast Models

Giga Media's time-series forecasting models are one of many Giga Media's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Giga Media's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Giga Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Giga Media prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Giga shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Giga Media. By using and applying Giga Stock analysis, traders can create a robust methodology for identifying Giga entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.79)(0.83)
Operating Profit Margin(0.74)(0.77)
Net Loss(0.79)(0.83)
Gross Profit Margin 0.57  0.60 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Giga Media to your portfolios without increasing risk or reducing expected return.

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Competition Analyzer

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When determining whether Giga Media is a strong investment it is important to analyze Giga Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Giga Media's future performance. For an informed investment choice regarding Giga Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Giga Media. If investors know Giga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Giga Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.36)
Revenue Per Share
0.279
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
Return On Equity
(0.09)
The market value of Giga Media is measured differently than its book value, which is the value of Giga that is recorded on the company's balance sheet. Investors also form their own opinion of Giga Media's value that differs from its market value or its book value, called intrinsic value, which is Giga Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Giga Media's market value can be influenced by many factors that don't directly affect Giga Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Giga Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Giga Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Giga Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.