GAM Holding AG (XSWX:GAM) Debt-to-EBITDA : -0.68 (As of Dec. 2025)

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What is GAM Holding AG Debt-to-EBITDA?

GAM Holding AG XSWX:GAM -1.61% Debt-to-EBITDA is -0.68 as of Dec. 2025. The stock has 6 warning signs investors should review. Among 386 Asset Management companies, GAM Holding AG ranks worse than 259067.1% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

GAM Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF0.00 Mil. GAM Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF39.70 Mil. GAM Holding AG's annualized EBITDA for the quarter that ended in Dec. 2025 was CHF-58.00 Mil. GAM Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -0.68.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for GAM Holding AG's Debt-to-EBITDA or its related term are showing as below:

XSWX:GAM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.63   Med: -0.6   Max: -0.58
Current: -0.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of GAM Holding AG was -0.58. The lowest was -0.63. And the median was -0.60.

XSWX:GAM's Debt-to-EBITDA is ranked worse than
100% of 386 companies
in the Asset Management industry
Industry Median: 1.395 vs XSWX:GAM: -0.63

GAM Holding AG  (XSWX:GAM) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


GAM Holding AG Debt-to-EBITDA Related Terms


GAM Holding AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for GAM Holding AG's Debt-to-EBITDA 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.

GAM Holding AG Debt-to-EBITDA Chart

GAM Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.58 0.00 -0.62

GAM Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -1.18 0.00 -0.24 -0.68

XSWX:GAM vs BLK, BX, KKR: Debt-to-EBITDA Comparison

For the Asset Management subindustry, GAM Holding AG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GAM Holding AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where GAM Holding AG's Debt-to-EBITDA falls into.



GAM Holding AG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

GAM Holding AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 39.7) / -63.6
=-0.62

GAM Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 39.7) / -58
=-0.68

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.68 mean?
GAM Holding AG (XSWX:GAM) has a Debt-to-EBITDA of -0.68 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on GAM Holding AG. According to the industry distribution chart, GAM Holding AG ranks #999999 out of 386 companies in the Asset Management industry.
Is GAM Holding AG's Debt-to-EBITDA too high?
GAM Holding AG's current Debt-to-EBITDA is -0.68. Based on the distribution chart, GAM Holding AG ranks #999999 out of 386 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does GAM Holding AG's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, GAM Holding AG ranks #999999 out of 386 companies for Debt-to-EBITDA. This places GAM Holding AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.40, based on 386 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on GAM Holding AG. For the Asset Management industry, the median Debt-to-EBITDA is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAM Holding AG's current Debt-to-EBITDA is -0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAM Holding AG stock overvalued right now?
Based on GuruFocus' analysis, GAM Holding AG (XSWX:GAM) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF0.01, compared to a current price of CHF0.06 — trading 510% above its estimated fair value. The current Debt-to-EBITDA is -0.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For GAM Holding AG (XSWX:GAM), the current Debt-to-EBITDA is -0.68 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GAM Holding AG Business Description

Other Exchanges GAMz:UK0QN3:UKGAD:Germany
Address Hardstrasse 201, Zurich, CHE, CH-8005
GAM Holding AG is a asset manager with products that cater to institutions, intermediaries, and private clients.The company offers risk-rated, flexible solution, absolute return strategies across an array of asset classes and strategies. The company provides Asset management services through the GAM and Julius Bae brands and includes investment advice from internal and external professionals.