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General American Investors CoGAM +0.42%60 Equity-to-Asset is 0.99 as of Dec. 2025, which is 1% above its 10-year median of 0.98. GuruFocus rates GAM with a GF Score™ of 60/100 and a GF Value™ of $63.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,635 Asset Management companies, General American Investors Co ranks better than 90.76% on this metric.
General American Investors Co (NYSE:GAM) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
General American Investors Co Equity-to-Asset Related Terms
General American Investors Co Equity-to-Asset Historical Data
* 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.
General American Investors Co Equity-to-Asset Chart
For the Asset Management subindustry, General American Investors Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
General American Investors Co Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, General American Investors Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where General American Investors Co's Equity-to-Asset falls into.
General American Investors Co Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
General American Investors Co (GAM) has a Equity-to-Asset of 0.99 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on General American Investors Co and its competitors. This is near median its historical median of 0.98. Over the past decade, General American Investors Co's Equity-to-Asset has ranged from 0.83 to 0.99. According to the industry distribution chart, General American Investors Co ranks #151 out of 1635 companies in the Asset Management industry, placing it in the top 9.2%.
Is General American Investors Co's Equity-to-Asset too high?
General American Investors Co's current Equity-to-Asset of 0.99 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 0.99. The Asset Management industry median Equity-to-Asset is 0.83. General American Investors Co's value of 0.99 is 19.3% above this industry median. Based on the distribution chart, General American Investors Co ranks #151 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, General American Investors Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General American Investors Co's Equity-to-Asset compare to CET and TRIN?
According to the Asset Management industry distribution chart, General American Investors Co ranks #151 out of 1635 companies for Equity-to-Asset. This places General American Investors Co in the top 9% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. General American Investors Co's value of 0.99 is 19.3% above this benchmark. Historically, General American Investors Co's own Equity-to-Asset has ranged from 0.83 to 0.99 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.83, General American Investors Co 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General American Investors Co's current Equity-to-Asset of 0.99 is 19.3% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on General American Investors Co and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General American Investors Co's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General American Investors Co stock overvalued right now?
Based on GuruFocus' analysis, General American Investors Co (GAM) is currently considered Fairly Valued. The stock's GF Value™ is $63.56, compared to a current price of $65.00 — trading 2.3% above its estimated fair value. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 0.98 and 19.3% above the Asset Management industry median of 0.83. General American Investors Co's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For General American Investors Co (GAM), the current Equity-to-Asset is 0.99 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.
Is General American Investors Co (GAM) Overvalued in 2026?
Based on GuruFocus' analysis, General American Investors Co stock appears to be overvalued.
The current stock price of $65.00 is trading 2.3% above its estimated GF Value™ of $63.56.
GuruFocus considers General American Investors Co to be Fairly Valued.
Key valuation signals for GAM:
Equity-to-Asset: 0.99 (near median its 10-year median of 0.98)
GF Value™: $63.56 vs. price of $65.00 (2.3% above fair value)
Industry Position: 19.3% above the Asset Management median (#151 of 1635)
No single metric tells the full story. See the GAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General American Investors Co Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations. The company invests principally in common stocks believed by management to have growth potential.
60GF Score
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