GAM Holding AG

GAM Holding AG

0.06
CHF
+0.00
(-5.83%)
77.52MMarket Cap
Feb 18Next Earn
GAM Holding AG
IOB:0QN3
(London Stock Exchange (International))

Recent

price

0.06

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CHF
2.48
3.88
4.18
4.83
4.59
4.62
3.93
4.75
4.68
3.74
3.02
2.87
2.03
1.49
0.62
0.06
- -
Revenue per Share
0.04
-0.35
0.35
0.82
0.7
0.59
0.58
0.54
-4.03
-0.02
-1.7
-0.1
-1.27
-0.36
-0.29
-0.07
- -
Basic EPS, GAAP
0.87
0.39
0.59
1.22
0.87
0.82
0.29
0.59
0.43
0.05
-0.08
-0.07
-0.33
-0.23
-0.29
-0.06
- -
Free Cash Flow per Basic Share
- -
0.35
0.35
0.34
0.44
0.45
0.44
0.44
0.45
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
8.88
7.94
7.08
8.03
8.11
8.11
8
8.36
3.88
3.84
2.08
2.1
0.7
0.29
0.09
0.03
0.01
Book Value per Share
3.85
2.64
1.97
2.31
2.29
2.1
0.47
0.27
0.69
0.71
0.78
0.76
0.33
0.07
0.05
-0.01
-0.03
Tangible Book Value per Share
287
268
251
239
237
234
231
230
227
228
229
228
229
231
263
1,074
1,084
Basic Weighted Avg Shares
713
1,040
1,048
1,155
1,090
1,080
908
1,091
1,063
851
691
655
465
343
163
69
- -
Sales/Revenue/Turnover
40.34
17.41
16.99
20
18.9
18.28
12.63
12.31
4.18
0.09
-2.94
-3.33
-10.47
-16.6
-43.9
-106.26
- -
Operating Margin (%)
19
18
19
19
8
10
19
38
41
29
29
20
18
17
14
9
- -
Depreciation Expense
10
-95
87
197
166
138
134
123
-917
-3
-388
-23
-290
-82
-77
-74
- -
Net Income, GAAP
81.28
- -
26.21
10.13
18.94
21.38
- -
16.87
- -
391.67
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.43
-9.14
8.32
17.04
15.21
12.81
14.79
11.29
-86.22
-0.41
-56.21
-3.56
-62.37
-23.91
-47.39
-108.01
- -
Profit Margin (%)
- -
621
578
601
626
566
317
338
231
232
204
159
92
67
56
28
24
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
37
- -
40
61
LT Debt
2,452
2,058
1,903
1,920
1,916
1,876
1,844
1,913
881
875
474
479
159
66
100
30
12
Total Equity
0.79
- -
4.43
10.24
8.33
7.18
- -
5.61
- -
0.17
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
0.4
- -
4.35
10.07
8.5
7.38
- -
6.92
- -
-7.21
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
0.4
-4.21
4.4
10.32
8.66
7.3
7.22
6.56
-65.61
-0.4
-57.59
-4.89
-91.01
-72.91
-92.9
-114.68
- -
Return on Common Equity (%)

Capital Structure

CHF

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
17
40
61
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,078
1,078
1,107
Market Capitalization
110
154
78

Working Capital

CHF

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
62
61
51
Cash, Cash Equivalents & STI
43
40
27
Accounts Receivable, Net
4
7
4
Inventories
- -
- -
- -
Total Current Liabilities
27
33
27
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CHF

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-24.25%
-28.81%
-70.34%
Free Cash Flow
5.71%
76.76%
-19.02%
Net Income, GAAP
1,101.13%
193.82%
-3.89%
Sales/Revenue/Turnover
-20.78%
-34.15%
-57.83%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
163
2025
- -
- -
69
2026
- -
- -
- -

Semi-annual Earnings Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.29
2025
- -
- -
-0.07
2026
- -
- -
- -

Semi-annual Dividends Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
GAM Holding AG operates as an independent, pure-play asset management company headquartered in Zurich, Switzerland. Founded in 1983, the company delivers active investment solutions and products primarily to institutions, financial intermediaries, private investors, and family offices. GAM's core offerings include equity and fixed income portfolios; multi-asset investment management; specialist active strategies; alternatives investment capabilities; and wealth management services. It also provides private labeling services, including fund administration and management company services, supporting third-party asset managers. The company operates across 15 countries globally, managing CHF 12.7 billion in assets under management as of mid-2025. Recently, GAM has undergone significant strategic transformation focused on becoming a focused, client-centric, and profitable pure-play investment management firm. In November 2024, GAM completed a CHF 100 million fully underwritten capital increase via a rights issue, led by major shareholder NJJ Holding SA, to strengthen financial stability and fund growth initiatives. The company has divested its Fund Management Services unit to Carne Group as of February 2024, narrowing its business scope to investment management and wealth management while expanding distribution reach and diversifying into higher-margin alternatives. In 2024, GAM launched its GAM LSA Private Shares strategy in Europe to provide access to late-stage private equity funds, exemplifying its push into alternatives. The firm is actively pursuing M&A opportunities and strategic partnerships in 2025 to enhance its offerings and attract top talent. GAM Holding AG’s business segments include Investment Management, Wealth Management, and previously Fund Management Services until its recent divestiture. Its client base spans institutional investors, financial intermediaries, family offices, and private clients worldwide. The company is publicly listed on the SIX Swiss Exchange under the ticker GAM since its spin-off and independent listing in 2009 after separation from Julius Baer Group. The ongoing strategic focus revolves around amplifying core active strategies, cost optimization, and expanding specialized alternative investment products to drive sustainable growth and profitability. This positions GAM as a specialized asset manager with a growing emphasis on alternatives and private equity access alongside traditional active equity and fixed income management within a global footprint and a refreshed financial and operational structure. The company continues to build on its legacy since founding by innovator Gilbert de Botton, evolving as a nimble, client-focused asset manager with strong governance and strategic momentum for future growth.

Company News

  • GAM: 6% CY And An A1 Credit Rating

  • GAM: Strong History Without Strong Reasons To Own It

  • Results of the Annual General Meeting of GAM Holding AG 2026

  • GAM: Great Portfolio, But You're Not Getting The Discount Back

  • GAM Holding AG gibt den Wahlvorschlag für den Verwaltungsrat an der Generalversammlung 2026 bekannt

  • GAM Holding AG announces proposed Board of Directors for election at 2026 Annual General Meeting

  • GAM Holding Announces Gerhard Lohmann as Group CFO to Support Next Phase of Strategic Growth

  • PRESS RELEASE: GAM Portfolio managers upping the pressure further on the Yutaka Giken deal by challenging controlling shareholder Honda.

  • Royal Road Secures Title Grant and Advances Drilling Under Option Agreement, GAM Project, Colombia

  • Swiss Asset Manager GAM Opposes Takeover of Honda Unit by India's Motherson

  • GAM Holding AG announces first half 2025 results

  • GAM Holding AG appoints Albert Saporta as Group Chief Executive Officer and Tim Rainsford as Group Chief Distribution Officer

  • GAM: Nearly 7% Average Income, Attractive Discount, And Solid Past Performance

  • Results of the Annual General Meeting of GAM Holding AG

  • GAM: Tech Exposure Could Mean Short-Term Pain

  • GAM Investments and Swiss Re announce new Cat Bond and ILS investment partnership

  • GAM: A Value-Oriented Fund With A Strong Performance History

  • GAM Holding AG announces rights take-up and number of shares sold in its rights offering

  • Ad Hoc Announcement: Board of Directors of GAM Holding AG announces terms of its rights offering

  • GAM: Moving To Hold After The Run-Up (Rating Downgrade)