GE Stock Overview
General Electric Company operates as a high-tech industrial company worldwide.
General Electric Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$96.30|
|52 Week High||US$116.17|
|52 Week Low||US$85.12|
|1 Month Change||3.47%|
|3 Month Change||-7.45%|
|1 Year Change||8.35%|
|3 Year Change||31.41%|
|5 Year Change||-59.89%|
|Change since IPO||116.40%|
Recent News & Updates
General Electric: Dead Money
General Electric does not have a large 'conglomerate discount'. General Electric’s P/E ratio and P/FCF ratio are high. It might be better to wait for the separation before investing in General Electric.
Where Will General Electric Stock Be In 10 Years?
GE is currently trading slightly below the lowest target price on the Street, and this suggests that its shares may have bottomed out. But there is significant uncertainty over General Electric's long-term, 10-year outlook. GE's split will be key in the first five years of the next decade; while the spotlight is on GE's growth as an aviation-focused company in the latter five years. I rate General Electric as Hold, considering both its current stock price levels and its long-term prospects.
Is General Electric (NYSE:GE) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
General Electric: It's Looking Even Better Now
General Electric is splitting into 3 separate companies. But that doesn't change much of their underlying business growth prospects, which I believe are bullish as the company focuses on fast-growing industries. As a result, I remain bullish on the company's long-term prospects.
|GE||US Industrials||US Market|
Return vs Industry: GE exceeded the US Industrials industry which returned 4.6% over the past year.
Return vs Market: GE exceeded the US Market which returned 6.6% over the past year.
|GE Average Weekly Movement||4.1%|
|Industrials Industry Average Movement||3.9%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.4%|
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.
About the Company
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 industrial applications; maintenance, service, and upgrade solutions to plant assets and their operational lifecycle; steam power technology for fossil and nuclear applications, including boilers, generators, steam turbines, and air quality control systems; and advanced reactor technologies solutions comprising reactors, fuels, and support services for boiling water reactors. This segment also applies the science and systems of power conversion to provide motors, generators, automation, and control equipment; and drives for energy intensive industries, such as marine, oil and gas, mining, rail, metals, test systems, and water.
General Electric Fundamentals Summary
|GE fundamental statistics|
Is GE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GE income statement (TTM)|
|Cost of Revenue||US$54.75b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 25, 2022
|Earnings per share (EPS)||1.33|
|Net Profit Margin||1.86%|
How did GE perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is General Electric undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GE ($96.3) is trading below our estimate of fair value ($252.75)
Significantly Below Fair Value: GE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GE is poor value based on its PE Ratio (72.3x) compared to the US Industrials industry average (33.6x).
PE vs Market: GE is poor value based on its PE Ratio (72.3x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: GE is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: GE is good value based on its PB Ratio (2.8x) compared to the US Industrials industry average (3.1x).
How is General Electric forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GE's forecast earnings growth (41.2% per year) is above the savings rate (2%).
Earnings vs Market: GE's earnings (41.2% per year) are forecast to grow faster than the US market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GE's revenue (6% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: GE's revenue (6% 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 (20.5%)
How has General Electric performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GE has a large one-off gain of $1.5B impacting its September 30 2021 financial results.
Growing Profit Margin: GE's current net profit margins (1.9%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: GE has become profitable over the past 5 years, growing earnings by -1.8% per year.
Accelerating Growth: GE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GE had negative earnings growth (-66.6%) over the past year, making it difficult to compare to the Industrials industry average (10.1%).
Return on Equity
High ROE: GE's Return on Equity (4.6%) is considered low.
How is General Electric's financial position?
Financial Position Analysis
Short Term Liabilities: GE's short term assets ($103.6B) exceed its short term liabilities ($57.7B).
Long Term Liabilities: GE's short term assets ($103.6B) do not cover its long term liabilities ($140.5B).
Debt to Equity History and Analysis
Debt Level: GE's net debt to equity ratio (108%) is considered high.
Reducing Debt: GE's debt to equity ratio has reduced from 172.5% to 161.4% over the past 5 years.
Debt Coverage: GE's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: GE's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is General Electric current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GE's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: GE's dividend (0.33%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: GE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: GE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GE is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Culp (58 yo)
Mr. H. Lawrence Culp, Jr., also known as Larry, has been the Chairman and Chief Executive Officer of General Electric Company since October 1, 2018. He joined GE in April 2018 as an Independent Director. P...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD73.19M) is above average for companies of similar size in the US market ($USD11.42M).
Compensation vs Earnings: Larry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: GE's management team is considered experienced (3 years average tenure).
Experienced Board: GE's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
General Electric Company's employee growth, exchange listings and data sources
- Name: General Electric Company
- Ticker: GE
- Exchange: NYSE
- Founded: 1878
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Implied Market Cap: US$105.705b
- Shares outstanding: 1.10b
- Website: https://www.ge.com
Number of Employees
- General Electric Company
- 5 Necco Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:35|
|End of Day Share Price||2022/01/21 00:00|
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.