Giga Media Stock Today
| GIGM Stock | USD 1.48 0.02 1.37% |
Performance9 of 100
| Odds Of DistressLess than 6
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Giga Media is selling at 1.48 as of the 30th of November 2024; that is 1.37 percent increase since the beginning of the trading day. The stock's lowest day price was 1.46. Giga Media has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Giga Media are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 18th of February 2000 | Category Communication Services |
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. The company has 11.05 M outstanding shares of which 6.32 K shares are currently shorted by private and institutional investors with about 0.38 trading days to cover. More on Giga Media
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Giga Stock Highlights
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Interactive Home Entertainment, Electronic Gaming & Multimedia, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Social Domain, Online Gaming, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsGiga Media can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Giga Media's financial leverage. It provides some insight into what part of Giga Media's total assets is financed by creditors.
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Giga Media (GIGM) is traded on NASDAQ Exchange in USA. It is located in No. 22, Tiding Boulevard, Taipei, Taiwan, 114-740 and employs 96 people. Giga Media is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.36 M. Giga Media conducts business under Entertainment sector and is part of Communication Services industry. The entity has 11.05 M outstanding shares of which 6.32 K shares are currently shorted by private and institutional investors with about 0.38 trading days to cover.
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.
Check Giga Media Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Giga Media is $16.36 Million. Giga Media secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Giga Stock Institutional Holders
| Instituion | Recorded On | 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 Historical Income Statement
Giga Stock Against Markets
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.