GAM Holding AG (GAM) AI Stock Analysis

• Market Cap: $177.34M
• Dividend Yield: N/A
• Average Volume (3M): 659.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: -60.15%
• EPS Growth: 68.65%
• Country: CH
• Employees: 294
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.04
• Shares Outstanding: 1,078,277,200
• 10 Day Avg. Volume: 723,391
• 30 Day Avg. Volume: 659,698
• PEG Ratio: 0.01
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -0.18
• Enterprise Value/Market Cap: 0.59
• Enterprise Value/Revenue: 0.83
• Enterprise Value/Gross Profit: 25.61
• Enterprise Value/Ebitda: -1.89
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: CHF0.00 ▼(-100.00% Downside)

GAM Holding AG's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue and negative cash flows. While technical indicators suggest positive short-term momentum, the negative valuation metrics and lack of profitability weigh heavily on the stock's attractiveness.

GAM Holding AG Business Overview & Revenue Model

Company Description

GAM Holding AG is a global asset management firm headquartered in Zurich, Switzerland. The company specializes in providing investment management services across a diverse range of asset classes, including equities, fixed income, and alternative investments. GAM caters to a broad clientele, including institutional investors, private clients, and financial intermediaries, offering a wide array of products such as mutual funds, segregated mandates, and alternative investment strategies.

How the Company Makes Money

GAM Holding AG generates revenue primarily through management fees and performance fees associated with its investment products. The company charges management fees based on the assets under management (AUM) for its funds and investment mandates. Additionally, GAM earns performance fees when its investment strategies outperform specified benchmarks, thus incentivizing strong performance. The company has also established strategic partnerships with other financial institutions, enhancing its distribution channels and expanding its client base. Furthermore, GAM's revenue is influenced by market conditions and investment performance, impacting the level of assets under management.

GAM Holding AG Financial Statement Overview

Summary

GAM Holding AG is facing significant financial challenges, with declining revenue and profitability, negative cash flows, and a shrinking asset base. Despite having no debt, the financial health is concerning due to persistent losses and negative cash flows.

Income Statement

GAM Holding AG has experienced a significant decline in revenue over recent years, with a Revenue Growth Rate of -58.26% from 2023 to 2024. The company also shows negative profitability metrics, including a Gross Profit Margin of approximately 10.12% and a Net Profit Margin of -49.47% for 2024. The EBIT and EBITDA margins are also negative, indicating operational inefficiencies. Overall, the income statement presents a challenging picture with declining revenue and profitability.

Balance Sheet

The balance sheet shows a relatively stable equity base with Stockholders' Equity of $110 million against Total Assets of $173.1 million, resulting in an Equity Ratio of 63.57%. The company has no total debt as of 2024, which is a positive signal. However, the significant decrease in total assets and stockholders' equity over the years reflects broader financial challenges. The Return on Equity is negative, showing losses on the equity base.

Cash Flow

GAM Holding AG's cash flow statement reveals negative operating and free cash flows. The Free Cash Flow Growth Rate is negative, and the Operating Cash Flow to Net Income Ratio is not favorable. This indicates liquidity challenges, as the company is not generating sufficient cash to cover its net losses, and free cash flow has worsened year-over-year.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	126.00M	143.30M	343.40M	463.40M	681.40M	687.20M
Gross Profit	4.10M	14.50M	55.20M	80.20M	123.60M	124.40M
EBITDA	-55.50M	-51.30M	-39.10M	-30.70M	1.30M	-3.70M
Net Income	-72.50M	-70.90M	-82.10M	-290.00M	-23.30M	-388.40M
Balance Sheet
Total Assets	138.90M	173.10M	266.00M	352.90M	755.20M	820.20M
Cash, Cash Equivalents and Short-Term Investments	42.70M	65.50M	87.80M	142.60M	245.90M	279.30M
Total Debt	16.50M	3.20M	36.60M	38.70M	48.00M	70.20M
Total Liabilities	69.90M	63.10M	204.40M	202.30M	276.70M	346.30M
Stockholders Equity	69.00M	110.00M	61.60M	150.60M	478.50M	473.90M
Cash Flow
Free Cash Flow	-74.60M	-75.70M	-52.30M	-77.40M	-14.90M	-17.90M
Operating Cash Flow	-67.50M	-68.10M	-49.50M	-63.30M	5.80M	1.30M
Investing Cash Flow	-24.50M	-25.00M	-2.80M	-14.10M	-23.50M	-28.80M
Financing Cash Flow	44.70M	49.80M	27.00M	-13.90M	-16.30M	-10.60M

GAM Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:GAM, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.13, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 53.43 is Neutral, neither overbought nor oversold. The STOCH value of 22.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:GAM.

GAM Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMBN	70 Outperform	CHF2.64B	14.70	14.60%	4.72%	3.32%	11.19%
SQN	69 Neutral	CHF7.24B	23.71	―	1.25%	18.76%	20.08%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
EFGN	64 Neutral	CHF4.77B	13.09	19.05%	3.61%	-0.27%	21.41%
VONN	63 Neutral	$3.33B	13.31	11.11%	5.08%	3.80%	15.49%
LEON	58 Neutral	CHF281.13M	69.56	―	19.26%	-4.06%	-109.73%
GAM	50 Neutral	$177.34M	―	-128.43%	―	-60.15%	68.65%