GIGACLOUD TECHNOLOGY INC - A (GCT)
KYG386441037 - Common Stock
We assign a fundamental rating of 7 out of 10 to GCT. GCT was compared to 15 industry peers in the Distributors industry. GCT gets an excellent profitability rating and is at the same time showing great financial health properties. GCT has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! With these ratings, GCT could be worth investigating further for value and growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year GCT was profitable.
GCT had a positive operating cash flow in the past year.
Each year in the past 5 years GCT has been profitable.
In the past 5 years GCT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of GCT (12.15%) is better than 85.71% of its industry peers.
The Return On Equity of GCT (32.57%) is better than 85.71% of its industry peers.
GCT has a Return On Invested Capital of 13.80%. This is in the better half of the industry: GCT outperforms 78.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GCT is in line with the industry average of 16.89%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.15% | ||
| ROE | 32.57% | ||
| ROIC | 13.8% |
ROA(3y)6.48%
ROA(5y)6.94%
ROE(3y)15.7%
ROE(5y)14.55%
ROIC(3y)15.64%
ROIC(5y)20.04%
1.3 Margins
GCT has a better Profit Margin (11.75%) than 92.86% of its industry peers.
In the last couple of years the Profit Margin of GCT has grown nicely.
GCT has a Operating Margin of 12.93%. This is amongst the best in the industry. GCT outperforms 92.86% of its industry peers.
GCT's Operating Margin has been stable in the last couple of years.
GCT has a Gross Margin of 26.13%. This is comparable to the rest of the industry: GCT outperforms 50.00% of its industry peers.
In the last couple of years the Gross Margin of GCT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.93% | ||
| PM (TTM) | 11.75% | ||
| GM | 26.13% |
OM growth 3Y0.12%
OM growth 5YN/A
PM growth 3Y41.51%
PM growth 5YN/A
GM growth 3Y-0.56%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GCT is creating some value.
Compared to 1 year ago, GCT has more shares outstanding
Compared to 1 year ago, GCT has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.79 indicates that GCT is not a great score, but indicates only limited risk for bankruptcy at the moment.
GCT has a Altman-Z score (2.79) which is comparable to the rest of the industry.
GCT has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
GCT has a better Debt to FCF ratio (0.00) than 85.71% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that GCT is not too dependend on debt financing.
The Debt to Equity ratio of GCT (0.00) is better than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.79 |
ROIC/WACC1.08
WACC12.83%
2.3 Liquidity
A Current Ratio of 2.13 indicates that GCT has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.13, GCT is doing good in the industry, outperforming 64.29% of the companies in the same industry.
A Quick Ratio of 1.39 indicates that GCT should not have too much problems paying its short term obligations.
GCT has a Quick ratio of 1.39. This is in the better half of the industry: GCT outperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.13 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 106.58% over the past year.
Measured over the past years, GCT shows a very strong growth in Earnings Per Share. The EPS has been growing by 92.98% on average per year.
The Revenue has grown by 89.85% 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 36.70% on average per year.
EPS 1Y (TTM)106.58%
EPS 3Y92.98%
EPS 5YN/A
EPS Q2Q%66.1%
Revenue 1Y (TTM)89.85%
Revenue growth 3Y36.7%
Revenue growth 5YN/A
Sales Q2Q%70.24%
3.2 Future
Based on estimates for the next years, GCT will show a very strong growth in Earnings Per Share. The EPS will grow by 29.77% on average per year.
GCT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 34.34% yearly.
EPS Next Y42.93%
EPS Next 2Y30.94%
EPS Next 3Y29.77%
EPS Next 5YN/A
Revenue Next Year62.17%
Revenue Next 2Y39.3%
Revenue Next 3Y34.34%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.73, the valuation of GCT can be described as very cheap.
100.00% of the companies in the same industry are more expensive than GCT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of GCT to the average of the S&P500 Index (27.73), we can say GCT is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.05, the valuation of GCT can be described as very cheap.
GCT's Price/Forward Earnings ratio is rather cheap when compared to the industry. GCT is cheaper than 100.00% of the companies in the same industry.
GCT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.73 | ||
| Fwd PE | 5.05 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than GCT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GCT is valued a bit cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.98 | ||
| EV/EBITDA | 2.8 |
4.3 Compensation for Growth
GCT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GCT has a very decent profitability rating, which may justify a higher PE ratio.
GCT's earnings are expected to grow with 29.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y30.94%
EPS Next 3Y29.77%
5. Dividend
5.1 Amount
GCT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GIGACLOUD TECHNOLOGY INC - A
NASDAQ:GCT (12/20/2024, 8:14:17 PM)
After market: 18.02 +0.09 (+0.5%)17.93
+0.21 (+1.19%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryDistributors
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner Change-0.03%
Market Cap734.59M
Analysts80
Price Target52.4 (192.25%)
Short Float %20.08%
Short Ratio4.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)43.87%
Min EPS beat(2)43.63%
Max EPS beat(2)44.1%
EPS beat(4)4
Avg EPS beat(4)45.32%
Min EPS beat(4)33.07%
Max EPS beat(4)60.46%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)9.42%
Min Revenue beat(2)7.42%
Max Revenue beat(2)11.42%
Revenue beat(4)4
Avg Revenue beat(4)7.31%
Min Revenue beat(4)2.3%
Max Revenue beat(4)11.42%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)-4.79%
EPS NQ rev (1m)-10%
EPS NQ rev (3m)-19.8%
EPS NY rev (1m)1.03%
EPS NY rev (3m)1.03%
Revenue NQ rev (1m)-7.98%
Revenue NQ rev (3m)-8.95%
Revenue NY rev (1m)-0.62%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.73 | ||
| Fwd PE | 5.05 | ||
| P/S | 0.66 | ||
| P/FCF | 5.98 | ||
| P/OCF | 5.23 | ||
| P/B | 1.83 | ||
| P/tB | 1.93 | ||
| EV/EBITDA | 2.8 |
EPS(TTM)3.79
EY21.14%
EPS(NY)3.55
Fwd EY19.8%
FCF(TTM)3
FCFY16.72%
OCF(TTM)3.43
OCFY19.11%
SpS27.09
BVpS9.77
TBVpS9.3
PEG (NY)0.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.15% | ||
| ROE | 32.57% | ||
| ROCE | 17.38% | ||
| ROIC | 13.8% | ||
| ROICexc | 20.12% | ||
| ROICexgc | 20.84% | ||
| OM | 12.93% | ||
| PM (TTM) | 11.75% | ||
| GM | 26.13% | ||
| FCFM | 11.06% |
ROA(3y)6.48%
ROA(5y)6.94%
ROE(3y)15.7%
ROE(5y)14.55%
ROIC(3y)15.64%
ROIC(5y)20.04%
ROICexc(3y)27.57%
ROICexc(5y)45.19%
ROICexgc(3y)27.88%
ROICexgc(5y)45.38%
ROCE(3y)19.7%
ROCE(5y)25.25%
ROICexcg growth 3Y-45.29%
ROICexcg growth 5YN/A
ROICexc growth 3Y-46.14%
ROICexc growth 5YN/A
OM growth 3Y0.12%
OM growth 5YN/A
PM growth 3Y41.51%
PM growth 5YN/A
GM growth 3Y-0.56%
GM growth 5YN/A
F-Score5
Asset Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 220.6% | ||
| Cap/Sales | 1.59% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.64% | ||
| Profit Quality | 94.15% | ||
| Current Ratio | 2.13 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 2.79 |
F-Score5
WACC12.83%
ROIC/WACC1.08
Cap/Depr(3y)146.05%
Cap/Depr(5y)288.77%
Cap/Sales(3y)0.4%
Cap/Sales(5y)0.44%
Profit Quality(3y)181.64%
Profit Quality(5y)160.7%
High Growth Momentum
Growth
EPS 1Y (TTM)106.58%
EPS 3Y92.98%
EPS 5YN/A
EPS Q2Q%66.1%
EPS Next Y42.93%
EPS Next 2Y30.94%
EPS Next 3Y29.77%
EPS Next 5YN/A
Revenue 1Y (TTM)89.85%
Revenue growth 3Y36.7%
Revenue growth 5YN/A
Sales Q2Q%70.24%
Revenue Next Year62.17%
Revenue Next 2Y39.3%
Revenue Next 3Y34.34%
Revenue Next 5YN/A
EBIT growth 1Y63.14%
EBIT growth 3Y36.86%
EBIT growth 5YN/A
EBIT Next Year56.02%
EBIT Next 3Y-46.25%
EBIT Next 5YN/A
FCF growth 1Y165.56%
FCF growth 3Y58.15%
FCF growth 5YN/A
OCF growth 1Y197.56%
OCF growth 3Y58.87%
OCF growth 5YN/A