(GAM) General American Investors - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US3688021043

Stocks,Bonds,Cash

GAM EPS (Earnings per Share)

EPS (Earnings per Share) of GAM over the last years for every Quarter: "2020-09": 5.2808, "2020-12": 2.7289, "2021-03": 4.1699, "2021-06": -0.2256, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": null, "2023-06": null, "2023-09": null, "2023-12": null, "2024-03": null, "2024-06": null, "2024-09": null, "2024-12": 1.94, "2025-03": null, "2025-06": 6.22,

GAM Revenue

Revenue of GAM over the last years for every Quarter: 2020-09: 11.346165, 2020-12: -1.761963, 2021-03: 31.841642, 2021-06: 28.036791, 2021-09: 21.617615, 2021-12: 26.454353, 2022-03: 32.471565, 2022-06: 9.094606, 2022-09: -0.801744, 2022-12: 7.186086, 2023-03: 30.847266, 2023-06: 18.199514, 2023-09: 29.378695, 2023-12: 11.25026, 2024-03: 41.508813, 2024-06: 7.322423, 2024-09: 7.543569, 2024-12: 7.543569, 2025-03: 6.27945, 2025-06: 6.27945,

Description: GAM General American Investors August 13, 2025

General American Investors Closed Fund (NYSE:GAM) is a US-based asset management company operating within the financial services sector, specifically categorized under Asset Management & Custody Banks. The companys primary business involves managing investment portfolios for its clients.

Key performance indicators (KPIs) for GAM include its market capitalization, which stands at approximately $1.33 billion, indicating a mid-cap status. The price-to-earnings (P/E) ratio is around 5.26, suggesting the stock might be undervalued relative to its earnings. Return on Equity (RoE) is notably high at 19.33%, indicating efficient use of shareholder equity to generate profits.

Economic drivers influencing GAMs performance include overall market conditions, interest rates, and investor sentiment. As an asset management company, GAMs revenue is likely tied to the assets under management (AUM), which can fluctuate with market performance. A rising market typically boosts AUM and, consequently, management fees. Conversely, downturns can reduce AUM and impact revenue.

The companys operational efficiency and ability to maintain a strong RoE amidst varying market conditions are crucial. The relatively low P/E ratio compared to other asset management companies might suggest that GAM is undervalued, presenting a potential investment opportunity. However, the forward P/E is not available, which could indicate a lack of analyst coverage or earnings estimates, potentially adding a layer of uncertainty.

GAMs beta of 0.835 indicates that the stock is less volatile than the overall market, which might appeal to risk-averse investors. The stocks current price is near its 52-week high, suggesting strong recent performance. Average trading volume is around 19,200 shares, indicating moderate liquidity.

GAM Stock Overview

Market Cap in USD 1,478m
Sub-Industry Asset Management & Custody Banks
IPO / Inception 1985-07-01

GAM Stock Ratings

Growth Rating 91.5%
Fundamental 44.2%
Dividend Rating 78.8%
Return 12m vs S&P 500 10.6%
Analyst Rating -

GAM Dividends

Dividend Yield 12m 7.58%
Yield on Cost 5y 18.30%
Annual Growth 5y 110.32%
Payout Consistency 74.2%
Payout Ratio 58.2%

GAM Growth Ratios

Growth Correlation 3m 93.5%
Growth Correlation 12m 85.2%
Growth Correlation 5y 91.7%
CAGR 5y 29.20%
CAGR/Max DD 3y (Calmar Ratio) 1.96
CAGR/Mean DD 3y (Pain Ratio) 16.07
Sharpe Ratio 12m 1.54
Alpha 14.06
Beta 0.830
Volatility 10.70%
Current Volume 22.5k
Average Volume 20d 16.2k
Stop Loss 60.7 (-3.1%)
Signal 0.98

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (201.8m TTM) > 0 and > 6% of Revenue (6% = 1.66m TTM)
FCFTA 0.0 (>2.0%) and ΔFCFTA 0.0pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -28.12% (prev -9.19%; Δ -18.93pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.0 (>3.0%) and CFO 0.0 <= Net Income 201.8m (YES >=105%, WARN >=100%)
Net Debt (2.10m) to EBITDA (7.71m) ratio: 0.27 <= 3.0 (WARN <= 3.5)
Current Ratio 0.29 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (23.3m) change vs 12m ago -0.15% (target <= -2.0% for YES)
Gross Margin 21.34% (prev 83.86%; Δ -62.52pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 1.67% (prev 5.56%; Δ -3.88pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -0.04 (EBITDA TTM 7.71m / Interest Expense TTM -194.3m) >= 6 (WARN >= 3)

Altman Z'' 71.94

(A) -0.00 = (Total Current Assets 3.19m - Total Current Liabilities 11.0m) / Total Assets 1.69b
(B) 0.67 = Retained Earnings (Balance) 1.14b / Total Assets 1.69b
(C) 0.00 = EBIT TTM 7.56m / Avg Total Assets 1.65b
(D) 66.43 = Book Value of Equity 1.17b / Total Liabilities 17.5m
Total Rating: 71.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 44.21

1. Piotroski 3.50pt = -1.50
2. FCF Yield 0.0% = 0.0
3. FCF Margin 0.0% = 0.0
4. Debt/Equity 0.00 = 2.50
5. Debt/Ebitda 0.27 = 2.44
6. ROIC - WACC (= -8.70)% = -10.88
7. RoE 12.53% = 1.04
8. Rev. Trend 16.84% = 1.26
9. EPS Trend -13.19% = -0.66

What is the price of GAM shares?

As of November 07, 2025, the stock is trading at USD 62.63 with a total of 22,519 shares traded.
Over the past week, the price has changed by -1.76%, over one month by -0.63%, over three months by +9.02% and over the past year by +26.98%.

Is General American Investors a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, General American Investors (NYSE:GAM) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 44.21 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GAM is around 79.30 USD . This means that GAM is currently undervalued and has a potential upside of +26.62% (Margin of Safety).

Is GAM a buy, sell or hold?

General American Investors has no consensus analysts rating.

What are the forecasts/targets for the GAM price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 88.9 41.9%

GAM Fundamental Data Overview October 30, 2025

Market Cap USD = 1.48b (1.48b USD * 1.0 USD.USD)
P/E Trailing = 7.144
P/S = 53.479
P/B = 0.976
Beta = 0.83
Revenue TTM = 27.6m USD
EBIT TTM = 7.56m USD
EBITDA TTM = 7.71m USD
Long Term Debt = 1.77m USD (estimated: total debt 2.10m - short term 332.0k)
Short Term Debt = 332.0k USD (from shortTermDebt, last quarter)
Debt = 2.10m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.10m USD (from netDebt column, last quarter)
Enterprise Value = 1.48b USD (1.48b + Debt 2.10m - CCE 1.05m)
Interest Coverage Ratio = -0.04 (Ebit TTM 7.56m / Interest Expense TTM -194.3m)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.48b)
FCF Margin = 0.0% (FCF TTM 0.0 / Revenue TTM 27.6m)
Net Margin = 730.0% (Net Income TTM 201.8m / Revenue TTM 27.6m)
Gross Margin = 21.34% ((Revenue TTM 27.6m - Cost of Revenue TTM 21.7m) / Revenue TTM)
Gross Margin QoQ = 18.35% (prev 18.35%)
Tobins Q-Ratio = 0.87 (Enterprise Value 1.48b / Total Assets 1.69b)
Interest Expense / Debt = -9238 % (Interest Expense -194.3m / Debt 2.10m)
Taxrate = 21.0% (US default 21%)
NOPAT = 5.97m (EBIT 7.56m * (1 - 21.00%))
Current Ratio = 0.29 (Total Current Assets 3.19m / Total Current Liabilities 11.0m)
Debt / Equity = 0.00 (Debt 2.10m / totalStockholderEquity, last quarter 1.68b)
Debt / EBITDA = 0.27 (Net Debt 2.10m / EBITDA 7.71m)
Debt / FCF = unknown (Net Debt 2.10m / FCF TTM 0.0)
Total Stockholder Equity = 1.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.92% (Net Income 201.8m / Total Assets 1.69b)
RoE = 12.53% (Net Income TTM 201.8m / Total Stockholder Equity 1.61b)
RoCE = 0.47% (EBIT 7.56m / Capital Employed (Equity 1.61b + L.T.Debt 1.77m))
RoIC = 0.36% (NOPAT 5.97m / Invested Capital 1.67b)
WACC = 9.06% (E(1.48b)/V(1.48b) * Re(9.07%) + (debt cost/tax rate unavailable))
Discount Rate = 9.07% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 22.62%
Fair Price DCF = unknown (Cash Flow 0.0)
EPS Correlation: -13.19 | EPS CAGR: 13.99% | SUE: 2.94 | # QB: 1
Revenue Correlation: 16.84 | Revenue CAGR: 134.2% | SUE: N/A | # QB: 0

Additional Sources for GAM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle