Giga Media Stock Cash Per Share

GIGM Stock  USD 1.45  0.01  0.68%   
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 ReportedProjected for Next Year
Cash Per Share 3.51  3.33 
As of the 27th of November 2024, Cash Per Share is likely to drop to 3.33.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Giga Media Company Cash Per Share Analysis

Giga Media's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Giga Media Cash Per Share

    
  3.56 X  
Most of Giga Media's fundamental indicators, such as Cash Per Share, 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 Cash Per Share 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 Cash Per Share. 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.
0.990.390.860.940.680.910.550.950.95-0.740.930.460.790.940.80.50.210.280.520.52-0.29
0.990.430.830.930.60.950.420.970.96-0.780.970.380.730.970.730.470.130.260.470.46-0.26
0.390.430.240.38-0.090.61-0.110.440.42-0.50.55-0.120.30.48-0.020.30.12-0.3-0.46-0.480.33
0.860.830.240.790.530.770.610.840.74-0.820.80.280.90.790.760.40.540.370.620.61-0.35
0.940.930.380.790.70.870.550.920.83-0.70.890.390.760.880.780.470.230.250.50.5-0.26
0.680.6-0.090.530.70.350.850.50.64-0.150.40.880.570.420.750.350.150.280.540.55-0.29
0.910.950.610.770.870.350.20.970.86-0.880.990.10.670.990.550.380.140.150.30.31-0.16
0.550.42-0.110.610.550.850.20.370.44-0.150.240.750.760.230.790.410.60.30.580.58-0.31
0.950.970.440.840.920.50.970.370.89-0.880.980.230.750.980.690.380.20.150.440.47-0.22
0.950.960.420.740.830.640.860.440.89-0.650.890.540.640.90.70.480.020.180.380.38-0.19
-0.74-0.78-0.5-0.82-0.7-0.15-0.88-0.15-0.88-0.65-0.880.13-0.68-0.85-0.45-0.23-0.33-0.04-0.29-0.310.18
0.930.970.550.80.890.40.990.240.980.89-0.880.150.670.990.580.380.110.160.330.34-0.17
0.460.38-0.120.280.390.880.10.750.230.540.130.150.350.170.550.380.010.140.30.3-0.15
0.790.730.30.90.760.570.670.760.750.64-0.680.670.350.650.790.470.760.30.580.57-0.31
0.940.970.480.790.880.420.990.230.980.9-0.850.990.170.650.60.360.070.220.40.41-0.23
0.80.73-0.020.760.780.750.550.790.690.7-0.450.580.550.790.60.560.430.410.770.77-0.47
0.50.470.30.40.470.350.380.410.380.48-0.230.380.380.470.360.560.260.220.230.14-0.21
0.210.130.120.540.230.150.140.60.20.02-0.330.110.010.760.070.430.260.190.370.37-0.2
0.280.26-0.30.370.250.280.150.30.150.18-0.040.160.140.30.220.410.220.190.750.62-0.85
0.520.47-0.460.620.50.540.30.580.440.38-0.290.330.30.580.40.770.230.370.750.95-0.76
0.520.46-0.480.610.50.550.310.580.470.38-0.310.340.30.570.410.770.140.370.620.95-0.66
-0.29-0.260.33-0.35-0.26-0.29-0.16-0.31-0.22-0.190.18-0.17-0.15-0.31-0.23-0.47-0.21-0.2-0.85-0.76-0.66
Click cells to compare fundamentals

Giga Cash Per Share Historical Pattern

Today, most investors in Giga Media Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Giga Media's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Giga Media cash per share as a starting point in their analysis.
   Giga Media Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Giga Common Stock Shares Outstanding

Common Stock Shares Outstanding

11.98 Million

At this time, Giga Media's Common Stock Shares Outstanding is very stable compared to the past year.
In accordance with the recently published financial statements, Giga Media has a Cash Per Share of 3.56 times. This is 103.43% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The cash per share for all United States stocks is 28.94% higher than that of the company.

Giga Cash Per Share 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 Cash Per Share 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 cash per share category among its peers.

Giga Fundamentals

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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 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.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.