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GAM Holding AGXSWX:GAM -1.61% Debt-to-Equity is 1.34 as of Dec. 2025, which is 41% above its 10-year median of 0.95. The stock has 6 warning signs investors should review. Among 963 Asset Management companies, GAM Holding AG ranks worse than 88.99% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for GAM Holding AG's Debt-to-Equity or its related term are showing as below:
XSWX:GAM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.95 Max: 1.34
Current: 1.34
During the past 13 years, the highest Debt-to-Equity Ratio of GAM Holding AG was 1.34. The lowest was 0.55. And the median was 0.95.
XSWX:GAM's Debt-to-Equity is ranked worse than 88.99% of 963
companies
in the Asset Management industry
Industry Median: 0.21
vs XSWX:GAM: 1.34
GAM Holding AG (XSWX:GAM) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
GAM Holding AG Debt-to-Equity Related Terms
GAM Holding AG Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for GAM Holding AG's Debt-to-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.
XSWX:GAM vs BLK, BX, KKR: Debt-to-Equity Comparison
For the Asset Management subindustry, GAM Holding AG's Debt-to-Equity, along with its competitors' market caps and Debt-to-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 Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, GAM Holding AG's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where GAM Holding AG's Debt-to-Equity falls into.
* 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 (XSWX:GAM) has a Debt-to-Equity of 1.34 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on GAM Holding AG and its competitors. This is 41% above median its historical median of 0.95. Over the past decade, GAM Holding AG's Debt-to-Equity has ranged from 0.55 to 1.34. According to the industry distribution chart, GAM Holding AG ranks #857 out of 963 companies in the Asset Management industry, placing it in the top 89%.
Is GAM Holding AG's Debt-to-Equity too high?
GAM Holding AG's current Debt-to-Equity of 1.34 is 41% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.34. The Asset Management industry median Debt-to-Equity is 0.21. GAM Holding AG's value of 1.34 is 538.1% above this industry median. Based on the distribution chart, GAM Holding AG ranks #857 out of 963 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does GAM Holding AG's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, GAM Holding AG ranks #857 out of 963 companies for Debt-to-Equity. This places GAM Holding AG in the lower half of its industry. The industry median Debt-to-Equity is 0.21. GAM Holding AG's value of 1.34 is 538.1% above this benchmark. Historically, GAM Holding AG's own Debt-to-Equity has ranged from 0.55 to 1.34 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.21, GAM Holding AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GAM Holding AG's current Debt-to-Equity of 1.34 is 538.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on GAM Holding AG and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAM Holding AG's current Debt-to-Equity is 1.34, which is 41% above median its own 10-year median of 0.95. 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-Equity is 1.34, which is 41% above median its 10-year median of 0.95 and 538.1% above the Asset Management industry median of 0.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For GAM Holding AG (XSWX:GAM), the current Debt-to-Equity is 1.34 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 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.
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