Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. GAM Holding AG's annualized net income for the quarter that ended in Dec. 2023 was $-25.2 Mil. GAM Holding AG's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $32.6 Mil. Therefore, GAM Holding AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -77.27%.
The historical rank and industry rank for GAM Holding AG's Return-on-Tangible-Equity or its related term are showing as below:
GMHLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -841.87 Med: -7.73 Max: 146.23
Current: -195.94
During the past 13 years, GAM Holding AG's highest Return-on-Tangible-Equity was 146.23%. The lowest was -841.87%. And the median was -7.73%.
GMHLF's Return-on-Tangible-Equity is ranked worse than 99.04% of 1675
companies
in the Asset Management industry
Industry Median: 4.53
vs GMHLF: -195.94
GAM Holding AG Return-on-Tangible-Equity Historical Data
The historical data trend for GAM Holding AG's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of GAM Holding AG's Return-on-Tangible-Equity
For the Asset Management subindustry, GAM Holding AG's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GAM Holding AG's Return-on-Tangible-Equity Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, GAM Holding AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GAM Holding AG's Return-on-Tangible-Equity falls into.
GAM Holding AG Return-on-Tangible-Equity Calculation
GAM Holding AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
GAM Holding AG (OTCPK:GMHLF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
GAM Holding AG Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of GAM Holding AG's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
GAM Holding AG (GAM Holding AG) Business Description
GAM Holding AG is a global asset manager with products that cater to institutions, intermediaries, and private clients. Customers are offered directional and absolute return strategies across an array of asset classes and strategies. In addition to an asset-management business, clients are offered private labeling services, such as fund administration and management company services. Asset management services are distributed through the GAM and Julius Bae brands and include investment advice from internal and external professionals.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GMHLF has been successfully added to your 