Is Giga Media Stock a Good Investment?
Giga Media Investment Advice | GIGM |
- Examine Giga Media's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Giga Media's leadership team and their track record. Good management can help Giga Media navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Interactive Home Entertainment space and any emerging trends that could impact Giga Media's business and its evolving consumer preferences.
- Compare Giga Media's performance and market position to its competitors. Analyze how Giga Media is positioned in terms of product offerings, innovation, and market share.
- Check if Giga Media pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Giga Media's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Giga Media stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Giga Media is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Giga Media Stock
Researching Giga Media's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 46.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.38. 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.
To determine if Giga Media is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Giga Media's research are outlined below:
| 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 uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Giga Media. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Giga Media's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Giga Media's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Giga Media is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Giga Media backward and forwards among themselves. Giga Media's institutional investor refers to the entity that pools money to purchase Giga Media's securities or originate loans. 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 Accounts | 2024-06-30 | 481.6 K | Two Sigma Advisers, Llc | 2024-06-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 45.7 K | Two Sigma Investments Llc | 2024-09-30 | 24.1 K | Bnp Paribas Arbitrage, Sa | 2024-06-30 | 7.8 K | Barclays Plc | 2024-06-30 | 3.6 K | Householder Group Estate & Retirement Specialist, Llc | 2024-09-30 | 75.0 | Glen Eagle Advisors, Llc | 2024-06-30 | 2.0 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Susquehanna International Group, Llp | 2024-06-30 | 0.0 | Ridgewood Investments Llc | 2024-09-30 | 0.0 |
Giga Media's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.03 M.Market Cap |
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Giga Media's profitablity analysis
| Last Reported | Projected 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) |
Determining Giga Media's profitability involves analyzing its financial statements and using various financial metrics to determine if Giga Media is a good buy. For example, gross profit margin measures Giga Media's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Giga Media's profitability and make more informed investment decisions.
Evaluate Giga Media's 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 28th 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 28th 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 Reported | Projected for Next Year | ||
| Book Value Per Share | 3.94 | 3.74 | |
| Tangible Book Value Per Share | 3.94 | 3.74 | |
| Enterprise Value Over EBITDA | 7.29 | 6.93 | |
| Price Book Value Ratio | 0.35 | 0.34 | |
| Enterprise Value Multiple | 7.29 | 6.93 | |
| Price Fair Value | 0.35 | 0.34 | |
| Enterprise Value | 8.4 M | 8 M |
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.
Beta 0.371 |
Basic technical analysis of Giga Stock
As of the 28th of November, Giga Media retains the Market Risk Adjusted Performance of 0.6788, risk adjusted performance of 0.0648, and Downside Deviation of 1.82. 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 (0.15) to confirm the company can sustain itself at a future point.Giga Media's 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.
Huang Cheng-ming over two months ago Acquisition by Huang Cheng-ming of 55070 shares of Giga Media at 2.9375 subject to Rule 16b-3 | ||
Huang Cheng-ming over three months ago Acquisition by Huang Cheng-ming of 63883 shares of Giga Media at 2.9986 subject to Rule 16b-3 | ||
Huang Cheng-ming over three months ago Acquisition by Huang Cheng-ming of 5783 shares of Giga Media at 2.9123 subject to Rule 16b-3 | ||
Huang Cheng-ming over three months ago Acquisition by Huang Cheng-ming of 9091 shares of Giga Media at 3.0282 subject to Rule 16b-3 | ||
Huang Cheng-ming over three months ago Acquisition by Huang Cheng-ming of 37608 shares of Giga Media at 2.986 subject to Rule 16b-3 | ||
ChengMing Huang over a year ago Purchase by ChengMing Huang of 37608 shares of Giga Media |
Giga Media's Outstanding Corporate 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Giga Media's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Giga Media's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0648 | |||
| Market Risk Adjusted Performance | 0.6788 | |||
| Mean Deviation | 1.24 | |||
| Semi Deviation | 1.25 | |||
| Downside Deviation | 1.82 | |||
| Coefficient Of Variation | 1291.34 | |||
| Standard Deviation | 1.73 | |||
| Variance | 3.01 | |||
| Information Ratio | 0.0023 | |||
| Jensen Alpha | 0.1019 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | 0.6688 | |||
| Maximum Drawdown | 8.67 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.45 | |||
| Downside Variance | 3.32 | |||
| Semi Variance | 1.56 | |||
| Expected Short fall | (1.99) | |||
| Skewness | 0.4973 | |||
| Kurtosis | 0.8307 |
| Risk Adjusted Performance | 0.0648 | |||
| Market Risk Adjusted Performance | 0.6788 | |||
| Mean Deviation | 1.24 | |||
| Semi Deviation | 1.25 | |||
| Downside Deviation | 1.82 | |||
| Coefficient Of Variation | 1291.34 | |||
| Standard Deviation | 1.73 | |||
| Variance | 3.01 | |||
| Information Ratio | 0.0023 | |||
| Jensen Alpha | 0.1019 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | 0.6688 | |||
| Maximum Drawdown | 8.67 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.45 | |||
| Downside Variance | 3.32 | |||
| Semi Variance | 1.56 | |||
| Expected Short fall | (1.99) | |||
| Skewness | 0.4973 | |||
| Kurtosis | 0.8307 |
Consider Giga Media's intraday 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 time-series forecasting models is one of many Giga Media's stock analysis techniques aimed to predict 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.
Giga Stock media impact
Far too much social signal, news, headlines, and media speculation about Giga Media that are available to investors today. That information is available publicly through Giga media outlets and privately through word of mouth or via Giga internal channels. However, regardless of the origin, that massive amount of Giga data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Giga Media news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Giga Media relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Giga Media's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Giga Media alpha.
Giga Media Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Giga Media can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Giga Media Corporate Management
| ShihChin Huang | Head Department | Profile | |
| Li Tang | Special Advisor | Profile | |
| CherngShiun LEE | Corporate Executive of GigaCloud | Profile | |
| ChengMing Huang | CEO Chairman | Profile |
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.
In summary, please note that there is a difference between Giga Media's value and its price, as these two are different measures arrived at by various 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.