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Giga Metals Corporation (GIGA) Fair Value & Analysis

Technology · CA · Market cap 137M SEK

GM Giga Metals Corporation GIGA · ST
Pricekr 2.26
Fair Valuekr 15.36
Upside+579.6%
Quality95/100
Evidence: Low Range kr 11.52 – kr 19.20

Fair value as of: Jun 24, 2026

From 7 valuation models · updated 5 days ago

Share price −0.8% over the past month.

Price vs Fair Value (12 months)

kr 3.43 kr 2.10 Fair Value kr 15.36 Jun 2025 Jun 2026

12‑month range kr 2.10 – kr 3.43 · fair‑value band kr 11.52 – kr 19.20 · the kr 2.26 price screens below the kr 15.36 fair value. As of Jun 24, 2026.

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Analysis

Giga Metals Corporation (GIGA) currently trades at kr 2.26, while our model-based Fair Value estimate is kr 15.36 — implying the stock looks roughly 579.6% undervalued today. We read business quality at 95/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Giga Metals Corporation generated revenue of 197M SEK at a net margin of -7.0%. Revenue declined 16.4% year over year. It earns a return on equity of -2.8%. Net debt stands at 1.2B SEK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 197M SEK
Revenue growth (YoY) -16.4%
Net margin -7.0%
Return on equity -2.8%
Free cash flow −68.8M SEK FY2025
Operating margin -30.3%
More key figures
EPS (TTM) kr -0.2400
EPS growth (YoY) +289%
Net debt 1.2B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Giga Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores nickel, cobalt, and sulfide deposits. It holds 85% interests in the Turnagain property with 75 mineral claims covering an area of approximately 44,045 hectares located in the Liard mining division of northern British Columbia. The company was formerly known as Hard Creek Nickel Corporation and changed its name to Giga Metals Corporation in August 2017. Giga Metals Corporation was incorporated in 1983 and is headquartered in Vancouver, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Giga Metals Corporation reported revenue of kr 203M in FY2025 versus kr 117M in FY2021, a compound +14.7%/yr. Reported net income was −kr 7.2M in FY2025.

Revenue +14.7%/yr
FY21 kr 117M
FY22 kr 157M
FY23 kr 171M
FY24 kr 185M
FY25 kr 203M
Net income
FY21 kr 16.0M
FY22 −kr 29.1M
FY23 −kr 135M
FY24 −kr 32.9M
FY25 −kr 7.2M

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Frequently asked questions

Is Giga Metals Corporation (GIGA) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 15.36 versus a price of kr 2.26 — about +580% (undervalued). Model-based estimate, not financial advice.
What is the fair value of GIGA?
Our 21-model fair value for Giga Metals Corporation is kr 15.36 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 2.26.
What is the quality score of GIGA?
Giga Metals Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Giga Metals Corporation (GIGA)?
Giga Metals Corporation reported trailing-twelve-month revenue of about 197M SEK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of GIGA?
The net profit margin of Giga Metals Corporation is about -7.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.