General Electric
Market Cap
US$118.2b
Last Updated
2021/06/15 09:10 UTC
Data Sources
Company Financials +
Executive Summary
General Electric Company operates as a high-tech industrial company worldwide. More Details
Rewards
Risk Analysis
No risks detected for GE from our risk checks.
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has General Electric's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GE's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-3.1%
GE
-1.1%
US Industrials
0.8%
US Market
1 Year Return
80.3%
GE
46.7%
US Industrials
43.1%
US Market
Return vs Industry: GE exceeded the US Industrials industry which returned 48.9% over the past year.
Return vs Market: GE exceeded the US Market which returned 44.3% over the past year.
Shareholder returns
| GE | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | -1.1% | 0.8% |
| 30 Day | 1.6% | 0.2% | 3.0% |
| 90 Day | -1.0% | 6.3% | 4.8% |
| 1 Year | 81.2%80.3% | 50.1%46.7% | 45.5%43.1% |
| 3 Year | 10.5%4.0% | 29.7%18.2% | 60.2%50.3% |
| 5 Year | -50.6%-56.5% | 10.4%-4.1% | 126.4%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is General Electric's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is General Electric (NYSE:GE) Using Debt Sensibly?3 weeks ago | Simply Wall St
A Look At The Fair Value Of General Electric Company (NYSE:GE)1 month ago | Simply Wall St
How Many General Electric Company (NYSE:GE) Shares Do Institutions Own?Valuation
Is General Electric undervalued compared to its fair value and its price relative to the market?
16.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GE ($13.69) is trading below our estimate of fair value ($16.09)
Significantly Below Fair Value: GE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GE is unprofitable, so we can't compare its PE Ratio to the US Industrials industry average.
PE vs Market: GE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GE is good value based on its PB Ratio (3.6x) compared to the US Industrials industry average (4.1x).
Future Growth
How is General Electric forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
43.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: GE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GE's is expected to become profitable in the next 3 years.
Revenue vs Market: GE's revenue (6.7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: GE's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GE's Return on Equity is forecast to be high in 3 years time (25.6%)
Past Performance
How has General Electric performed over the past 5 years?
-18.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GE is currently unprofitable.
Growing Profit Margin: GE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GE is unprofitable, and losses have increased over the past 5 years at a rate of 18.7% per year.
Accelerating Growth: Unable to compare GE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GE is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (-16.4%).
Return on Equity
High ROE: GE has a negative Return on Equity (-1.38%), as it is currently unprofitable.
Financial Health
How is General Electric's financial position?
Financial Position Analysis
Short Term Liabilities: GE's short term assets ($113.2B) exceed its short term liabilities ($57.7B).
Long Term Liabilities: GE's short term assets ($113.2B) do not cover its long term liabilities ($152.3B).
Debt to Equity History and Analysis
Debt Level: GE's debt to equity ratio (200.9%) is considered high.
Reducing Debt: GE's debt to equity ratio has increased from 194% to 200.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is General Electric current dividend yield, its reliability and sustainability?
0.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GE's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: GE's dividend (0.29%) is low compared to the top 25% of dividend payers in the US market (3.35%).
Stability and Growth of Payments
Stable Dividend: GE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: GE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GE'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?
2.4yrs
Average management tenure
CEO
Larry Culp (57 yo)
2.67yrs
Tenure
US$73,192,032
Compensation
Mr. H. Lawrence Culp, Jr., also known as Larry, has been the Chairman and Chief Executive Officer of General Electric Company since October 1, 2018. He joined GE in April 2018 as an Independent Director. P...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD73.19M) is above average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Larry's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: GE's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: GE's board of directors are considered experienced (3.2 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
General Electric Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: General Electric Company
- Ticker: GE
- Exchange: NYSE
- Founded: 1878
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: US$118.248b
- Shares outstanding: 8.78b
- Website: https://www.ge.com
Number of Employees
Location
- General Electric Company
- 5 Necco Street
- Boston
- Massachusetts
- 2210
- United States
Listings
Biography
General Electric Company operates as a high-tech industrial company worldwide. The company’s Power segment offers heavy-duty and aeroderivative gas turbines for utilities, independent power producers, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/15 09:10 |
| End of Day Share Price | 2021/06/14 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.