GM

General MotorsNYSE:GM Stock Report

Market Cap

US$71.7b

7D

-2.7%

1Y

67.7%

Updated

22 Sep, 2021

Data

Company Financials +
GM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
Dividends0/6

GM Overview

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide.

General Motors Competitors

Price History & Performance

Summary of all time highs, changes and price drops for General Motors
Historical stock prices
Current Share PriceUS$49.37
52 Week HighUS$28.24
52 Week LowUS$64.30
Beta1.3
1 Month Change1.17%
3 Month Change-17.88%
1 Year Change67.70%
3 Year Change47.15%
5 Year Change56.23%
Change since IPO44.40%

Recent News & Updates

Sep 17

GM's Stock Decline Is Not Over Yet

GM's stock has struggled since peaking in June and has dropped more than 20%. Currently, shares are not cheap based on historical trends. Based on technical trends and the options market - shares may still fall further.

Sep 13
Here is How General Motors (NYSE:GM) can Benefit from the New Proposed Tax Credits for EVs

Here is How General Motors (NYSE:GM) can Benefit from the New Proposed Tax Credits for EVs

U.S. Democrats proposed an EV tax credit boost for union-made domestically assembled vehicles. Reuters reported that The House Ways and Means Committee will vote Tuesday on the proposal. The intervention is part of a proposed US$3.5t infrastructure bill. The main players impacted by the proposed bill are General Motors ( NYSE:GM ) and Tesla ( NASDAQ:TSLA ). In this article, we will look Focus on GM's fundamentals and get a better feeling as to what might the change mean for the company.

Sep 03
Does General Motors (NYSE:GM) Deserve A Spot On Your Watchlist?

Does General Motors (NYSE:GM) Deserve A Spot On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Sep 01

Battery Safety An Additional Risk Factor Aimed At General Motors' Profit And Share Price

Chevy Bolt recall is a costly and awkward pothole on the road to battery electric vehicle (BEV) adoption by vehicle buyers. Overwhelming positive Wall Street consensus viewpoint on GM stock should be tempered by increasingly evident safety risk inherent in rapidly evolving lithium-ion battery technology. GM says proprietary Ultium lithium-ion chemistry and battery design in Hummer EV and future BEV models will illustrate improvements from those used on Bolt. Ultium's rollout later this year and its performance will be a key test for GM share price.

Aug 25

Will GM Restore Its Stock Dividend This Year? What To Consider

General Motors is still America's most revered automotive leader even though Tesla generated more noise recently with its AI Day. While the company has yet to announce its dividend reinstatement plans, based on our analysis, we don't think it will happen this year. Despite that, we think GM is trading at a highly attractive valuation now, coupled with constructive price action, the stock looks primed for its next wave up. Therefore, we rate General Motors stock a Buy at the current price.

Aug 19
General Motors Company's (NYSE:GM) Intrinsic Value Is Potentially 21% Below Its Share Price

General Motors Company's (NYSE:GM) Intrinsic Value Is Potentially 21% Below Its Share Price

Today we will run through one way of estimating the intrinsic value of General Motors Company ( NYSE:GM ) by estimating...

Shareholder Returns

GMUS AutoUS Market
7D-2.7%-0.3%-1.8%
1Y67.7%70.1%31.5%

Return vs Industry: GM exceeded the US Auto industry which returned 62.1% over the past year.

Return vs Market: GM exceeded the US Market which returned 33% over the past year.

Price Volatility

Is GM's price volatile compared to industry and market?
GM volatility
GM Beta1.3
Industry Beta1.9
Market Beta1

Stable Share Price: GM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1908155,000Mary Barrahttps://www.gm.com

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names.

General Motors Fundamentals Summary

How do General Motors's earnings and revenue compare to its market cap?
GM fundamental statistics
Market CapUS$71.67b
Earnings (TTM)US$12.57b
Revenue (TTM)US$139.64b

5.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GM income statement (TTM)
RevenueUS$139.64b
Cost of RevenueUS$109.57b
Gross ProfitUS$21.40b
ExpensesUS$8.83b
EarningsUS$12.57b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 27, 2021

Earnings per share (EPS)8.72
Gross Margin15.33%
Net Profit Margin9.00%
Debt/Equity Ratio191.0%

How did GM perform over the long term?

See historical performance and comparison

Valuation

Is General Motors undervalued compared to its fair value and its price relative to the market?

5.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GM ($49.37) is trading above our estimate of fair value ($40.36)

Significantly Below Fair Value: GM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GM is good value based on its PE Ratio (5.7x) compared to the US Auto industry average (15x).

PE vs Market: GM is good value based on its PE Ratio (5.7x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: GM is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: GM is good value based on its PB Ratio (1.4x) compared to the US Auto industry average (3.1x).


Future Growth

How is General Motors forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

5.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GM's forecast earnings growth (5.3% per year) is above the savings rate (2%).

Earnings vs Market: GM's earnings (5.3% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: GM's earnings are forecast to grow, but not significantly.

Revenue vs Market: GM's revenue (5.1% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: GM's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GM's Return on Equity is forecast to be low in 3 years time (16.6%).


Past Performance

How has General Motors performed over the past 5 years?

-7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GM has high quality earnings.

Growing Profit Margin: GM's current net profit margins (9%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: GM's earnings have declined by 7% per year over the past 5 years.

Accelerating Growth: GM's earnings growth over the past year (726.1%) exceeds its 5-year average (-7% per year).

Earnings vs Industry: GM earnings growth over the past year (726.1%) exceeded the Auto industry 367.5%.


Return on Equity

High ROE: Whilst GM's Return on Equity (21.78%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is General Motors's financial position?


Financial Position Analysis

Short Term Liabilities: GM's short term assets ($82.6B) exceed its short term liabilities ($74.8B).

Long Term Liabilities: GM's short term assets ($82.6B) do not cover its long term liabilities ($109.1B).


Debt to Equity History and Analysis

Debt Level: GM's debt to equity ratio (191%) is considered high.

Reducing Debt: GM's debt to equity ratio has increased from 171.2% to 191% over the past 5 years.

Debt Coverage: GM's debt is well covered by operating cash flow (23.8%).

Interest Coverage: GM's interest payments on its debt are well covered by EBIT (16.1x coverage).


Balance Sheet


Dividend

What is General Motors's current dividend yield, its reliability and sustainability?

1.30%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GM is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Mary Barra (59 yo)

7.67yrs

Tenure

US$23,657,987

Compensation

Ms. Mary T. Barra serves as the Chief Executive Officer of General Motors of Canada Limited. Ms. Barra has been the Chief Executive Officer of General Motors Company January 15, 2014. She is a Director of...


CEO Compensation Analysis

Compensation vs Market: Mary's total compensation ($USD23.66M) is above average for companies of similar size in the US market ($USD11.33M).

Compensation vs Earnings: Mary's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: GM's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

General Motors Company's employee growth, exchange listings and data sources


Key Information

  • Name: General Motors Company
  • Ticker: GM
  • Exchange: NYSE
  • Founded: 1908
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: US$71.672b
  • Shares outstanding: 1.45b
  • Website: https://www.gm.com

Number of Employees


Location

  • General Motors Company
  • 300 Renaissance Center
  • Detroit
  • Michigan
  • 48265-3000
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 00:20
End of Day Share Price2021/09/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.