General American Investors Company, Inc. (GAM)

Financials · NYQ

$63.44-0.47% today

Price as at 30 Sept 2026, 21:16 UTC. Quotes are delayed.

Fundamentals

Market cap$1.55B
P/E ratio4.4
Revenue growth (YoY)-22.1%
Profit margin1398.1%
Return on equity20.6%
52-week range$56.24 to $68.57

Valuation and ratings

Fair value estimate$142.47
Upside to fair value+124.6%
Moat score73/100
Overall rating78/100, high quality

Fair value: $142.47 (+124.6%), see how we got there

General American Investors Company, Inc. trades at $63.44, which is 125% below the $142.47 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 73 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 4.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

GAM dividend history

Paid, trailing 12 months$6.40 per share
Most recent payment$6.40, ex 17 Nov 2025
5-year growth (p.a.)+96.0%
Consecutive years of growth3
Consecutive years paid40

Dividends per share by year

YearTotal per sharePayments
2025$6.652
2024$4.501
2023$2.651
2022$1.502
2021$3.302
2020$0.2301
2019$0.3701
2018$2.752
2017$0.6802
2016$3.182
2015$0.3401

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

About General American Investors Company, Inc.

General American Investors Company, Inc. is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials. The firm employs fundamental analysis with a bottom-up stock picking approach to make its investments. It conducts in-house research to make its investments. General American Investors Company, Inc. was founded in 1927 and is based in New York, New York.

Industry: Asset ManagementHQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

GAM passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

GAM peers

The largest companies in the same industry (Asset Management), then in the same sector.

Every financials company we cover is on the Financials hub.

Common questions

Is General American Investors Company, Inc. (GAM) undervalued?

Against our fair value estimate of $142.47, GAM at $63.44 is 125% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

What is GAM's P/E ratio?

GAM trades at 4.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Where does SteadyShares get its GAM data?

Fundamentals for GAM come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 21:16 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for GAM, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.