Giga Media Stock Return On Equity
| GIGM Stock | USD 1.31 0.02 1.55% |
Giga Media fundamentals help investors to digest information that contributes to Giga Media's financial success or failures. It also enables traders to predict the movement of Giga Stock. The fundamental analysis module provides a way to measure Giga Media's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Giga Media stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.08) | (0.09) |
Giga | Return On Equity |
Giga Media Company Return On Equity Analysis
Giga Media's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Giga Media Return On Equity | -0.0758 |
Most of Giga Media's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Giga Media is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Giga Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Giga Media is extremely important. It helps to project a fair market value of Giga Stock properly, considering its historical fundamentals such as Return On Equity. Since Giga Media's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Giga Media's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Giga Media's interrelated accounts and indicators.
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Giga Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Giga Media has a Return On Equity of -0.0758. This is 100.73% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The return on equity for all United States stocks is 75.55% lower than that of the firm.
Giga Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Giga Media's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Giga Media could also be used in its relative valuation, which is a method of valuing Giga Media by comparing valuation metrics of similar companies.Giga Media is currently under evaluation in return on equity category among related companies.
Giga Fundamentals
| Return On Equity | -0.0758 | ||||
| Return On Asset | -0.0401 | ||||
| Profit Margin | (0.81) % | ||||
| Operating Margin | (0.74) % | ||||
| Current Valuation | (23.66 M) | ||||
| Shares Outstanding | 11.05 M | ||||
| Shares Owned By Insiders | 45.55 % | ||||
| Shares Owned By Institutions | 3.96 % | ||||
| Number Of Shares Shorted | 5.91 K | ||||
| Price To Earning | 31.11 X | ||||
| Price To Book | 0.31 X | ||||
| Price To Sales | 3.37 X | ||||
| Revenue | 4.29 M | ||||
| Gross Profit | 3.25 M | ||||
| EBITDA | (3.09 M) | ||||
| Net Income | (1.03 M) | ||||
| Cash And Equivalents | 39.32 M | ||||
| Cash Per Share | 3.56 X | ||||
| Total Debt | 893 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 13.31 X | ||||
| Book Value Per Share | 3.87 X | ||||
| Cash Flow From Operations | (2.08 M) | ||||
| Short Ratio | 0.63 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 1.5 | ||||
| Beta | 0.44 | ||||
| Market Capitalization | 14.31 M | ||||
| Total Asset | 46.1 M | ||||
| Retained Earnings | (238.43 M) | ||||
| Working Capital | 45.37 M | ||||
| Current Asset | 82.93 M | ||||
| Current Liabilities | 23.06 M | ||||
| Net Asset | 46.1 M |
About Giga Media Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Giga Media's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Giga Media using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Giga Media based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Giga Media in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Giga Media's short interest history, or implied volatility extrapolated from Giga Media options trading.
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Try AI Portfolio ArchitectCheck out Giga Media Piotroski F Score and Giga Media Altman Z Score analysis. To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.Note that the Giga Media information on this page should be used as a complementary analysis to other Giga Media's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Giga Stock analysis
When running Giga Media's price analysis, check to measure Giga Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Giga Media is operating at the current time. Most of Giga Media's value examination focuses on studying past and present price action to predict the probability of Giga Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Media's price. Additionally, you may evaluate how the addition of Giga Media to your portfolios can decrease your overall portfolio volatility.
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Is Giga Media's industry 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 (0.09) | Revenue Per Share 0.388 | Quarterly Revenue Growth (0.21) | Return On Assets (0.04) | Return On Equity (0.08) |
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.