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GAM Holding (GAM) Fair Value & Analysis

Financial Services · CH · Market cap CHF 74.3M

GH GAM Holding GAM · SW
PriceCHF 0.0700
Fair ValueCHF 0.0350
Upside-50.0%
Quality95/100
Evidence: Low Range CHF 0.0280 – CHF 0.0420

Fair value as of: Jun 26, 2026

From 3 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from CHF 0.0400 to CHF 0.0350 (−12.5%) since Jun 24, 2026. Share price −4.1% over the past month.

Price vs Fair Value (12 months)

CHF 0.2154 CHF 0.0646 Fair Value CHF 0.0350 Jun 2025 Jun 2026

12‑month range CHF 0.0646 – CHF 0.2154 · fair‑value band CHF 0.0280 – CHF 0.0420 · the CHF 0.0700 price screens above the CHF 0.0350 fair value. As of Jun 26, 2026.

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Analysis

GAM Holding (GAM) currently trades at CHF 0.0700, while our model-based Fair Value estimate is CHF 0.0350 — implying the stock looks roughly 50.0% overvalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at CHF 48.8M. Revenue declined 37.2% year over year. Net debt stands at CHF 4.8M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) CHF 48.8M
Revenue growth (YoY) -37.2%
Net margin -152%
Return on equity -115%
Free cash flow −CHF 61.3M FY2025
Operating margin -123%
More key figures
EPS (TTM) CHF -0.0700
EPS growth (YoY) -96.4%
Net debt CHF 4.8M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

GAM Holding AG is a publicly owned asset management holding company. The firm provides its services to institutions, financial intermediaries and private investors. Through its subsidiaries, the firm manages separate client focused equity and fixed income portfolios. Through its subsidiaries, it also launches and manages equity, fixed income, and balanced mutual funds. Through its subsidiaries, the firm invests in public equity and fixed income markets. GAM Holding AG is based in Zurich, Switzerland with an additional office in Geneva, Switzerland and London, United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GAM Holding reported revenue of CHF 71.6M in FY2025 versus CHF 681M in FY2021, a compound −43.1%/yr. Reported net income was −CHF 74.2M in FY2025.

Revenue −43.1%/yr
FY21 CHF 681M
FY22 CHF 463M
FY23 CHF 343M
FY24 CHF 143M
FY25 CHF 71.6M
Net income
FY21 −CHF 23.3M
FY22 −CHF 290M
FY23 −CHF 82.1M
FY24 −CHF 70.9M
FY25 −CHF 74.2M

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6 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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BlackRock, Inc BLK 17,417 MXN 11,340 MXN -35%
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Frequently asked questions

Is GAM Holding (GAM) undervalued?
As of Jun 26, 2026, our model estimates a fair value of CHF 0.0350 versus a price of CHF 0.0700 — about −50% (overvalued). Model-based estimate, not financial advice.
What is the fair value of GAM?
Our 21-model fair value for GAM Holding is CHF 0.0350 (as of Jun 26, 2026), built from audited fundamentals. The current price is CHF 0.0700.
What is the quality score of GAM?
GAM Holding has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of GAM Holding (GAM)?
GAM Holding reported trailing-twelve-month revenue of about CHF 48.8M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of GAM?
The net profit margin of GAM Holding is about -152.1%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.