GIGACLOUD TECHNOLOGY INC - A (GCT) Stock Fundamental Analysis
USA - NASDAQ:GCT - KYG386441037 - Common Stock
27.01 USD
-0.37 (-1.35%)
27.01 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to GCT. GCT was compared to 22 industry peers in the Distributors industry. GCT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. GCT is valued quite cheap, while showing a decent growth score. This is a good combination! This makes GCT very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
GCT had positive earnings in the past year.
In the past year GCT had a positive cash flow from operations.
In the past 5 years GCT has always been profitable.
GCT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GCT's Return On Assets of 12.31% is amongst the best of the industry. GCT outperforms 86.36% of its industry peers.
GCT's Return On Equity of 30.91% is amongst the best of the industry. GCT outperforms 90.91% of its industry peers.
With an excellent Return On Invested Capital value of 14.05%, GCT belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
GCT had an Average Return On Invested Capital over the past 3 years of 12.84%. This is in line with the industry average of 14.75%.
The last Return On Invested Capital (14.05%) for GCT is above the 3 year average (12.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.31% | ||
| ROE | 30.91% | ||
| ROIC | 14.05% |
ROA(3y)8.79%
ROA(5y)8.12%
ROE(3y)23.66%
ROE(5y)18.62%
ROIC(3y)12.84%
ROIC(5y)21.37%
1.3 Margins
GCT's Profit Margin of 11.17% is amongst the best of the industry. GCT outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of GCT has grown nicely.
GCT has a Operating Margin of 11.11%. This is amongst the best in the industry. GCT outperforms 90.91% of its industry peers.
GCT's Operating Margin has improved in the last couple of years.
GCT has a Gross Margin of 23.70%. This is in the better half of the industry: GCT outperforms 63.64% of its industry peers.
GCT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.11% | ||
| PM (TTM) | 11.17% | ||
| GM | 23.7% |
OM growth 3Y5.81%
OM growth 5Y23.48%
PM growth 3Y70.85%
PM growth 5Y35.51%
GM growth 3Y4.33%
GM growth 5Y6.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GCT is still creating some value.
Compared to 1 year ago, GCT has less shares outstanding
Compared to 5 years ago, GCT has more shares outstanding
The debt/assets ratio for GCT has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.22 indicates that GCT is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.22, GCT is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Debt to FCF ratio of GCT is 0.01, which is an excellent value as it means it would take GCT, only 0.01 years of fcf income to pay off all of its debts.
GCT has a Debt to FCF ratio of 0.01. This is amongst the best in the industry. GCT outperforms 90.91% of its industry peers.
GCT has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
GCT has a better Debt to Equity ratio (0.00) than 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 3.22 |
ROIC/WACC1.38
WACC10.2%
2.3 Liquidity
GCT has a Current Ratio of 2.11. This indicates that GCT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.11, GCT is in line with its industry, outperforming 59.09% of the companies in the same industry.
A Quick Ratio of 1.43 indicates that GCT should not have too much problems paying its short term obligations.
GCT has a Quick ratio of 1.43. This is in the better half of the industry: GCT outperforms 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.11 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
GCT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.06%.
Measured over the past years, GCT shows a very strong growth in Earnings Per Share. The EPS has been growing by 112.78% on average per year.
The Revenue has grown by 21.20% in the past year. This is a very strong growth!
Measured over the past years, GCT shows a very strong growth in Revenue. The Revenue has been growing by 56.85% on average per year.
EPS 1Y (TTM)-2.06%
EPS 3Y140.32%
EPS 5Y112.78%
EPS Q2Q%-11.65%
Revenue 1Y (TTM)21.2%
Revenue growth 3Y41%
Revenue growth 5Y56.85%
Sales Q2Q%3.78%
3.2 Future
Based on estimates for the next years, GCT will show a decrease in Earnings Per Share. The EPS will decrease by -2.15% on average per year.
The Revenue is expected to grow by 6.89% on average over the next years.
EPS Next Y-18.86%
EPS Next 2Y-2.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.87%
Revenue Next 2Y6.89%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.11, the valuation of GCT can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of GCT indicates a rather cheap valuation: GCT is cheaper than 90.91% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.57. GCT is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.81, the valuation of GCT can be described as very cheap.
Based on the Price/Forward Earnings ratio, GCT is valued cheaper than 100.00% of the companies in the same industry.
GCT is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.11 | ||
| Fwd PE | 7.81 |
4.2 Price Multiples
90.91% of the companies in the same industry are more expensive than GCT, based on the Enterprise Value to EBITDA ratio.
86.36% of the companies in the same industry are more expensive than GCT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.27 | ||
| EV/EBITDA | 4.62 |
4.3 Compensation for Growth
The excellent profitability rating of GCT may justify a higher PE ratio.
A cheap valuation may be justified as GCT's earnings are expected to decrease with -2.15% in the coming years.
PEG (NY)N/A
PEG (5Y)0.07
EPS Next 2Y-2.15%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for GCT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.01
-0.37 (-1.35%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryDistributors
Earnings (Last)
Earnings (Next)
Inst Owners59.91%
Inst Owner ChangeN/A
Ins Owners6.47%
Ins Owner Change-3.13%
Market Cap1.02B
Revenue(TTM)1.19B
Net Income(TTM)133.34M
Analysts77.5
Price Target36.72 (35.95%)
Short Float %12.26%
Short Ratio2.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)53.07%
Min EPS beat(2)29.47%
Max EPS beat(2)76.66%
EPS beat(4)3
Avg EPS beat(4)35.88%
Min EPS beat(4)-6.72%
Max EPS beat(4)76.66%
EPS beat(8)7
Avg EPS beat(8)41.8%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.87%
Min Revenue beat(2)3.62%
Max Revenue beat(2)10.11%
Revenue beat(4)4
Avg Revenue beat(4)5.68%
Min Revenue beat(4)1.57%
Max Revenue beat(4)10.11%
Revenue beat(8)8
Avg Revenue beat(8)6.53%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.17%
EPS NY rev (1m)8.41%
EPS NY rev (3m)20.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.11 | ||
| Fwd PE | 7.81 | ||
| P/S | 0.85 | ||
| P/FCF | 6.27 | ||
| P/OCF | 5.93 | ||
| P/B | 2.36 | ||
| P/tB | 2.46 | ||
| EV/EBITDA | 4.62 |
EPS(TTM)3.33
EY12.33%
EPS(NY)3.46
Fwd EY12.8%
FCF(TTM)4.31
FCFY15.96%
OCF(TTM)4.56
OCFY16.88%
SpS31.69
BVpS11.45
TBVpS10.97
PEG (NY)N/A
PEG (5Y)0.07
Graham Number29.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.31% | ||
| ROE | 30.91% | ||
| ROCE | 16.4% | ||
| ROIC | 14.05% | ||
| ROICexc | 22.46% | ||
| ROICexgc | 23.3% | ||
| OM | 11.11% | ||
| PM (TTM) | 11.17% | ||
| GM | 23.7% | ||
| FCFM | 13.61% |
ROA(3y)8.79%
ROA(5y)8.12%
ROE(3y)23.66%
ROE(5y)18.62%
ROIC(3y)12.84%
ROIC(5y)21.37%
ROICexc(3y)20.27%
ROICexc(5y)49.44%
ROICexgc(3y)20.9%
ROICexgc(5y)49.81%
ROCE(3y)14.99%
ROCE(5y)24.95%
ROICexgc growth 3Y-23.03%
ROICexgc growth 5Y4.15%
ROICexc growth 3Y-24%
ROICexc growth 5Y3.36%
OM growth 3Y5.81%
OM growth 5Y23.48%
PM growth 3Y70.85%
PM growth 5Y35.51%
GM growth 3Y4.33%
GM growth 5Y6.24%
F-Score6
Asset Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 108.68% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 121.57% | ||
| Profit Quality | 121.79% | ||
| Current Ratio | 2.11 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 3.22 |
F-Score6
WACC10.2%
ROIC/WACC1.38
Cap/Depr(3y)128.6%
Cap/Depr(5y)180.6%
Cap/Sales(3y)0.7%
Cap/Sales(5y)0.56%
Profit Quality(3y)194.48%
Profit Quality(5y)181.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.06%
EPS 3Y140.32%
EPS 5Y112.78%
EPS Q2Q%-11.65%
EPS Next Y-18.86%
EPS Next 2Y-2.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)21.2%
Revenue growth 3Y41%
Revenue growth 5Y56.85%
Sales Q2Q%3.78%
Revenue Next Year8.87%
Revenue Next 2Y6.89%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.36%
EBIT growth 3Y49.18%
EBIT growth 5Y93.68%
EBIT Next Year4.74%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y65.89%
FCF growth 3Y176.68%
FCF growth 5Y265.01%
OCF growth 1Y74.12%
OCF growth 3Y164.32%
OCF growth 5Y167.23%