Giga Media Stock Z Score
| GIGM Stock | USD 1.37 0.06 4.58% |
Giga | Z Score |
Giga Media Company Z Score Analysis
Giga Media's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Giga Z Score 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 Z Score. 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.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
According to the company's disclosures, Giga Media has a Z Score of 0.0. This is 100.0% lower than that of the Entertainment sector and about the same as Communication Services (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Giga Z Score 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 Z Score 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 z score category among related companies.
Giga Media Institutional Holders
Institutional Holdings refers to the ownership stake in Giga Media that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Giga Media's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Giga Media's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 250.1 K | Acadian Asset Management Llc | 2023-12-31 | 49.6 K | Advisor Group Holdings, Inc. | 2023-12-31 | 40.5 K | Two Sigma Investments Llc | 2023-12-31 | 24.1 K | Two Sigma Advisers, Llc | 2023-12-31 | 11.8 K | Bnp Paribas Arbitrage, Sa | 2023-12-31 | 6.3 K | Barclays Plc | 2023-12-31 | 3.6 K | Householder Group Estate & Retirement Specialist, Llc | 2023-12-31 | 0.0 | Susquehanna International Group, Llp | 2023-12-31 | 0.0 | Ridgewood Investments Llc | 2023-09-30 | 0.0 | Tower Research Capital Llc | 2023-09-30 | 0.0 |
Giga Fundamentals
| Return On Equity | -0.0758 | |||
| Return On Asset | -0.0401 | |||
| Profit Margin | (0.81) % | |||
| Operating Margin | (0.74) % | |||
| Current Valuation | (22.83 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 | (3.46 M) | |||
| Cash And Equivalents | 39.32 M | |||
| Cash Per Share | 3.56 X | |||
| Total Debt | 495 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 | 15.14 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.
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Try AI Portfolio ArchitectCheck out Giga Media Piotroski F Score and Giga Media Valuation 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.