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GCT Semiconductor Holding, Inc.

GCTS·NYSE

$3.24

-4.8%
TechnologySemiconductors

GCT Semiconductor Holding, Inc., operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro. It also develops and sells cellular IoT chipsets for low-speed mobile networks such as eMTC/NB-IOT/Sigfox, and other network protocols; and 5G solutions. Its products and solutions are used in smartphones, tablets, hotspots, CPEs, USB dongles, routers, and M2M applications. The company sells its products directly or indirectly through distributors to original equipment manufacturers and original design manufacturers primarily in Taiwan, China, Korea and Japan, Europe, North America and South America. The company was formerly known as Global Communication Technology, Inc. GCT Semiconductor Holding, Inc. was founded in 1998 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$185.33M
EPS-0.8200
P/E Ratio-3.95
Earnings Date08/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -4.0).

Valuation inputs: P/E -4.0, earnings yield N/A, momentum -4.8%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +52.1%, ROIC +57.8%).

Profitability stack: net margin -15.1%, ROE +52.1%, ROIC +57.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +632.4%, momentum -4.8%, net margin -15.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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GCT Semiconductor Holding, Inc. Market vs Earnings Trajectory

GCTS · NYSE

Loading price and EPS data...

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GCT Semiconductor Holding, Inc. Fair Value Envelope

GCTS · NYSE

Our analysis suggests that GCTS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $3.24, this represents a potential HIDDEN relative to our calculated worth for GCT Semiconductor Holding, Inc..

Intrinsic Value
Current Price: $3.24
3Y-249.0%
5Y-490.0%
10Y-490.0%
3Y-83.0%
5Y-89.0%
10Y-89.0%
3Y+64.0%
5Y+62.0%
10Y+62.0%
3Y+70.0%
5Y+73.0%
10Y+73.0%
3Y+74.0%
5Y+80.0%
10Y+80.0%
3Y-5.0%
5Y-96.0%
10Y-96.0%
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GCT Semiconductor Holding, Inc. Profit Bridge

GCTS · NYSE
Revenue2.87M
Cost of Goods Sold (4.68M)
Gross Profit-1.82M
Operating Expenses (34.72M)
Operating Income-36.54M
Interest Expense (6.03M)
Other Income/Expense-5.93M
Pretax Income-42.47M
Income Tax (902.00K)
Net Income-43.37M
Net Income
-43.37M

Profitability Analysis

Gross Margin

-63.4%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

-1274.9%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-1513.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

-63.40%
Gross Profit Margin
-214%
3Y-309.0%
5Y-298.0%
10Y-298.0%
-1274.95%
Operating Profit Margin
787%
3Y+834.0%
5Y+1728.0%
10Y+1728.0%
-1513.33%
Net Profit Margin
1016%
3Y+855.0%
5Y+1341.0%
10Y+1341.0%
52.07%
Return on Equity
150%
3Y+87.0%
5Y-716.0%
10Y-716.0%
-277.24%
Return on Assets
346%
3Y+73.0%
5Y+3559.0%
10Y+3559.0%
57.77%
Return on Invested Capital
-89%
3Y-60.0%
5Y-1247.0%
10Y-1247.0%
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GCT Semiconductor Holding, Inc. Cash Conversion Engine

GCTS · NYSE
Net Income-43.37M
Depreciation & Amortization1.45M
Stock-Based Compensation6.33M
Change in Working Capital2.96M
Others1.96M
Capital Expenditures-2.41M
Free Cash Flow-33.09M

Cash Flow Quality Analysis

FCF Conversion Rate

76.3%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

-7.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-5.0%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$2.96M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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GCT Semiconductor Holding, Inc. Funding & Solvency Profile

GCTS · NYSE
Cash & Cash Equivalents7.18M
Net Receivables2.41M
Inventory1.56M
Other Current Assets7.88M
Total Current Assets19 M
Property, Plant & Equipment2.98M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets358.00K
Total Non-Current Assets3 M
Total Assets
22.38M

Financial Health Analysis

Current Ratio

0.26x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Working Capital

-55498000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

85% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

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GCT Semiconductor Holding, Inc. Street Expectations Map

GCTS · NYSE

Wall Street analysts project that GCTS stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 3.00, with estimates ranging from a low of 3.00 to a high of 3.00.

Lowest Target
3.00
-7.41%
Consensus Target
3.00
-7.41%
Highest Target
3.00
-7.41%

The consensus 1-year price target stands at 3.00, with estimates ranging from a low of 3.00 to a high of 3.00.

Analyst Consensus Analysis

Upside Potential

-7.4%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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GCT Semiconductor Holding, Inc. Insider Positioning

GCTS · NYSE

During the last 12 months, insiders have purchased $491K worth of GCTS shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

89.4K

124.60K

Sold

0

0.00

Net Activity

+125K

+$125K

9-12 Months

Bought

318.3K

366.31K

Sold

0

0.00

Net Activity

+366K

+$366K

Top Buyers

1
SH

Shin Hyunsoo

Director, Other: Class Ii Director

407.7K shares10 transactions

$491K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $491K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

No Dividend Yield Data

GCTS has not reported any dividend yield values in the available annual periods.

 

gcts Dividend History

GCTS
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%