Giga Metals Valuation
| GIGA Stock | CAD 0.11 0.02 15.38% |
Giga Metals seems to be overvalued based on Macroaxis valuation methodology. Our model calculates the value of Giga Metals Corp from evaluating the firm fundamentals such as Shares Owned By Insiders of 5.36 %, return on equity of -0.085, and Return On Asset of -0.0522 as well as inspecting its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Giga Metals' valuation include:
Price Book 0.6346 | Enterprise Value 11.2 M | Enterprise Value Ebitda (6.33) |
Overvalued
Today
Please note that Giga Metals' price fluctuation is out of control at this time. Calculation of the real value of Giga Metals Corp is based on 3 months time horizon. Increasing Giga Metals' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Giga stock is determined by what a typical buyer is willing to pay for full or partial control of Giga Metals Corp. Since Giga Metals is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Giga Stock. However, Giga Metals' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.11 | Real 0.1 | Hype 0.11 | Naive 0.095 |
The intrinsic value of Giga Metals' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Giga Metals' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Giga Metals Corp helps investors to forecast how Giga stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Giga Metals more accurately as focusing exclusively on Giga Metals' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Giga Metals' intrinsic value based on its ongoing forecasts of Giga Metals' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Giga Metals' closest peers.
Giga Metals Cash |
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Giga Valuation Trend
Analysing the historical paterns of Giga Metals' enterprise value and its market capitalization is a good way to estimate and gauge the value of Giga Metals Corp over time and is usually enough for investors to make rational market timing decisions.
Giga Metals Total Value Analysis
Giga Metals Corp is currently forecasted to have takeover price of 11.25 M with market capitalization of 11.61 M, debt of 139.48 K, and cash on hands of 3.37 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Giga Metals fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
11.25 M | 11.61 M | 139.48 K | 3.37 M |
Giga Metals Asset Utilization
One of the ways to look at asset utilization of Giga is to check how much profit was generated for every dollar of assets it reports. Giga Metals retains a negative application of resources of -0.0522 (percent), losing C$5.22E-4 for each dollar of resources held by the firm. Inadequate asset utilization attests that the company is being less effective with each dollar of resources it retains. Simply put, asset utilization of Giga Metals Corp shows how discouraging it operates for each dollar spent on its resources.Giga Metals Ownership Allocation
Giga Metals Corp has a total of 105.59 Million outstanding shares. Giga Metals retains 5.36 (percent) of its outstanding shares held by insiders and 1.04 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.Giga Metals Profitability Analysis
Net Loss for the year was (2.06 M) with profit before overhead, payroll, taxes, and interest of 0.About Giga Metals Valuation
Our relative valuation model uses a comparative analysis of Giga Metals. We calculate exposure to Giga Metals's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Giga Metals's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -113.3 K | -107.6 K |
Additional Tools for Giga Stock Analysis
When running Giga Metals' price analysis, check to measure Giga Metals' 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 Metals is operating at the current time. Most of Giga Metals' value examination focuses on studying past and present price action to predict the probability of Giga Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Metals' price. Additionally, you may evaluate how the addition of Giga Metals to your portfolios can decrease your overall portfolio volatility.