NYSE:GBL

Stock Analysis Report

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Executive Summary

GAMCO Investors, Inc. is a publicly owned holding investment manager. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has GAMCO Investors's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GBL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GBL's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

1.7%

GBL

1.5%

US Capital Markets

-0.4%

US Market


1 Year Return

37.1%

GBL

45.4%

US Capital Markets

36.2%

US Market

Return vs Industry: GBL underperformed the US Capital Markets industry which returned 45.5% over the past year.

Return vs Market: GBL matched the US Market which returned 36.3% over the past year.


Shareholder returns

GBLIndustryMarket
7 Day1.7%1.5%-0.4%
30 Day-0.6%3.3%-2.3%
90 Day29.4%14.5%5.0%
1 Year46.3%37.1%49.0%45.4%39.1%36.2%
3 Year-23.2%-28.6%35.9%25.9%48.4%39.0%
5 Year-44.2%-48.3%145.9%115.5%116.6%92.4%

Long-Term Price Volatility Vs. Market

How volatile is GAMCO Investors's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GAMCO Investors undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GBL ($19.32) is trading below our estimate of fair value ($60.38)

Significantly Below Fair Value: GBL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GBL is good value based on its PE Ratio (8.7x) compared to the US Capital Markets industry average (23.4x).

PE vs Market: GBL is good value based on its PE Ratio (8.7x) compared to the US market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GBL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GBL is good value based on its PB Ratio (5.9x) compared to the US Capital Markets industry average (19x).


Next Steps

Future Growth

How is GAMCO Investors forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GAMCO Investors has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has GAMCO Investors performed over the past 5 years?

-7.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GBL has high quality earnings.

Growing Profit Margin: GBL's current net profit margins (22.6%) are lower than last year (26.2%).


Past Earnings Growth Analysis

Earnings Trend: GBL's earnings have declined by 7.3% per year over the past 5 years.

Accelerating Growth: GBL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GBL had negative earnings growth (-28.3%) over the past year, making it difficult to compare to the Capital Markets industry average (10.4%).


Return on Equity

High ROE: GBL's Return on Equity (67.5%) is considered outstanding.


Next Steps

Financial Health

How is GAMCO Investors's financial position?


Financial Position Analysis

Short Term Liabilities: GBL's short term assets ($139.2M) exceed its short term liabilities ($91.2M).

Long Term Liabilities: GBL's short term assets ($139.2M) exceed its long term liabilities ($7.3M).


Debt to Equity History and Analysis

Debt Level: GBL's debt to equity ratio (27.9%) is considered satisfactory.

Reducing Debt: GBL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: GBL's debt is well covered by operating cash flow (168.2%).

Interest Coverage: GBL's interest payments on its debt are well covered by EBIT (55.9x coverage).


Balance Sheet


Next Steps

Dividend

What is GAMCO Investors's current dividend yield, its reliability and sustainability?

0.41%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: GBL's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: GBL's dividend (0.41%) is low compared to the top 25% of dividend payers in the US market (3.64%).


Stability and Growth of Payments

Stable Dividend: GBL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: GBL 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: GBL is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GBL'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?

12.8yrs

Average management tenure


CEO

Mario Gabelli (77 yo)

no data

Tenure

US$32,236,004

Compensation

Mr. Mario Joseph Gabelli, CFA is Chairman and Chief Investment Officer of The Gabelli Dividend & Income Trust and serves as its Director since 2003. Mr. Gaelli serves as Portfolio Manager for the Teton Wes...


Leadership Team

NamePositionTenureCompensationOwnership
Mario Gabelli
Chairmanno dataUS$32.24m1.74%
$ 8.9m
Kieran Caterina
Senior VPno dataUS$707.25k0.075%
$ 384.8k
Kevin Handwerker
Executive VP7.33yrsUS$444.46k0.056%
$ 286.8k
Bruce Alpert
Executive Vice President12.83yrsUS$468.65k0.052%
$ 266.3k
Henry Van der Eb
Senior VP16.58yrsUS$434.45k0.0076%
$ 38.5k
Agnes Mullady
Senior Vice President (Leave of Absence)13.17yrsUS$977.49k0.16%
$ 807.0k
Douglas Jamieson
President & COO of GAMCO Asset Management Inc16.58yrsUS$3.13m0.52%
$ 2.7m
Scott Long
Chief Administrative Officerno datano datano data
Jennifer Schlueter
Chief Communications Officer1.17yrsno datano data
Howard Green
Senior Vice President of Corporate Development2yrsno datano data
Gino Torretta
Head of Marketing Team - Gabelli Asset Managementno datano datano data
Howard Ward
Chief Investment Officer of Growth Investmentsno datano datano data

12.8yrs

Average Tenure

64.5yo

Average Age

Experienced Management: GBL's management team is seasoned and experienced (12.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mario Gabelli
Chairmanno dataUS$32.24m1.74%
$ 8.9m
Leslie Daniels
Independent Director4.33yrsUS$118.00k0.038%
$ 192.4k
Eugene McGrath
Independent Director14.17yrsUS$134.00k0.047%
$ 239.7k
Robert Prather
Independent Lead Directorno dataUS$166.00k0.038%
$ 192.6k
Edwin Artzt
Independent Director16.83yrsUS$110.00k0.011%
$ 57.8k
Raymond Avansino
Independent Director13.17yrsUS$158.00k0.53%
$ 2.7m
Elisa Wilson
Director12.08yrsUS$110.00k0.090%
$ 458.1k

13.2yrs

Average Tenure

76yo

Average Age

Experienced Board: GBL's board of directors are seasoned and experienced ( 13.2 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

GAMCO Investors, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GAMCO Investors, Inc.
  • Ticker: GBL
  • Exchange: NYSE
  • Founded: 1976
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$509.716m
  • Shares outstanding: 26.38m
  • Website: https://www.gabelli.com

Number of Employees


Location

  • GAMCO Investors, Inc.
  • One Corporate Center
  • 401 Theodore Fremd Avenue
  • Rye
  • New York
  • 10580
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBLNYSE (New York Stock Exchange)YesClass A Common StockUSUSDFeb 1999
6JVDB (Deutsche Boerse AG)YesClass A Common StockDEEURFeb 1999

Biography

GAMCO Investors, Inc. is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distributio...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 23:55
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
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.