GAM HOLDING AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.263 CHF | -2.59% |
|
+9.58% | -32.82% |
| Apr. 17 | Liontrust assets under management down 12% on year amid more outflows | AN |
| Mar. 27 | Swiss Equities Rise as Economic Sentiment Further Brightens | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 598.1 | 436.2 | 339.1 | 212.4 | 146.9 | 62.03 |
| Enterprise Value (EV) 1 | 239.3 | 170.6 | 130 | 14.61 | 43.96 | 45.43 |
| P/E ratio | -0.64 x | -125 x | -0.87 x | -9.07 x | -0.51 x | -0.75 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.2 x | 1.25 x | 1.46 x | 0.94 x | 0.89 x | 0.48 x |
| EV / Revenue | 0.48 x | 0.49 x | 0.56 x | 0.06 x | 0.27 x | 0.35 x |
| EV / EBITDA | 1.84 x | 4.44 x | -17.6 x | -4.3 x | -1.13 x | -1.24 x |
| EV / FCF | 1.87 x | 17.5 x | -4.3 x | 1.47 x | -0.91 x | -0.96 x |
| FCF Yield | 53.5% | 5.72% | -23.2% | 68% | -110% | -104% |
| Price to Book | 0.71 x | 0.5 x | 0.71 x | 0.44 x | 0.97 x | 1.01 x |
| Nbr of stocks (in thousands) | 155,118 | 155,549 | 156,717 | 156,187 | 156,237 | 158,445 |
| Reference price 2 | 3.856 | 2.804 | 2.164 | 1.360 | 0.9400 | 0.3915 |
| Announcement Date | 2/21/19 | 2/21/20 | 2/18/21 | 2/18/22 | 5/4/23 | 3/26/24 |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 500.2 | 349.2 | 232.6 | 226.5 | 165.4 | 130.2 |
| EBITDA 1 | 130.3 | 38.4 | -7.4 | -3.4 | -38.8 | -36.6 |
| EBIT 1 | 101.9 | 23.8 | -16.2 | -8.7 | -42.1 | -48.1 |
| Operating Margin | 20.37% | 6.82% | -6.96% | -3.84% | -25.45% | -36.94% |
| Earnings before Tax (EBT) 1 | -933.4 | 1.2 | -397.5 | -15.2 | -266.2 | -81.7 |
| Net income 1 | -929.1 | -3.5 | -388.4 | -23.3 | -290 | -82.1 |
| Net margin | -185.75% | -1% | -166.98% | -10.29% | -175.33% | -63.06% |
| EPS 2 | -5.980 | -0.0225 | -2.480 | -0.1500 | -1.860 | -0.5200 |
| Free Cash Flow 1 | 128.1 | 9.762 | -30.22 | 9.938 | -48.55 | -47.46 |
| FCF margin | 25.61% | 2.8% | -12.99% | 4.39% | -29.35% | -36.45% |
| FCF Conversion (EBITDA) | 98.32% | 25.42% | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 2/21/19 | 2/21/20 | 2/18/21 | 2/18/22 | 5/4/23 | 3/26/24 |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2022 S1 | 2022 S2 |
|---|---|---|---|
| Net sales 1 | 121.4 | 94.1 | 77.8 |
| EBITDA | - | - | - |
| EBIT | - | - | - |
| Operating Margin | - | - | - |
| Earnings before Tax (EBT) | - | - | - |
| Net income 1 | - | - | -14.8 |
| Net margin | - | - | -19.02% |
| EPS | - | - | - |
| Dividend per Share | - | - | - |
| Announcement Date | 8/4/21 | 8/3/22 | 5/4/23 |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 359 | 266 | 209 | 198 | 103 | 16.6 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 128 | 9.76 | -30.2 | 9.94 | -48.6 | -47.5 |
| ROE (net income / shareholders' equity) | -68.3% | -0.4% | -57.6% | -4.89% | -92.2% | -77.4% |
| ROA (Net income/ Total Assets) | 3.44% | 1.12% | -0.94% | -0.69% | -4.75% | -9.71% |
| Assets 1 | -27,016 | -313.3 | 41,341 | 3,375 | 6,106 | 845.1 |
| Book Value Per Share 2 | 5.410 | 5.620 | 3.040 | 3.070 | 0.9700 | 0.3900 |
| Cash Flow per Share 2 | 2.120 | 2.030 | 1.740 | 1.510 | 0.8900 | 0.5500 |
| Capex 1 | 15.5 | 4.4 | 19.2 | 20.7 | 14.1 | 2.8 |
| Capex / Sales | 3.1% | 1.26% | 8.25% | 9.14% | 8.52% | 2.15% |
| Announcement Date | 2/21/19 | 2/21/20 | 2/18/21 | 2/18/22 | 5/4/23 | 3/26/24 |
1CHF in Million2CHF
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -32.82% | 45.6M | |
| +15.32% | 84.55B | |
| +12.36% | 26.01B | |
| -6.65% | 17.28B | |
| +13.32% | 16.57B | |
| +6.74% | 14.28B | |
| -16.11% | 13.16B | |
| +16.00% | 9.52B | |
| +26.11% | 8.75B | |
| +27.22% | 7.13B |
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- GAM Stock
- Financials GAM Holding AG
