Goldman Sachs Group
Market Cap
US$74.7b
Last Updated
2020/08/08 23:40 UTC
Data Sources
Company Financials +
Executive Summary
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
Share Price & News
How has Goldman Sachs Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.2%
GS
2.4%
US Capital Markets
2.5%
US Market
1 Year Return
0.7%
GS
6.8%
US Capital Markets
16.3%
US Market
Return vs Industry: GS underperformed the US Capital Markets industry which returned 6.7% over the past year.
Return vs Market: GS underperformed the US Market which returned 16.3% over the past year.
Shareholder returns
| GS | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.2% | 2.4% | 2.5% |
| 30 Day | 5.8% | 2.6% | 5.3% |
| 90 Day | 12.3% | 12.8% | 16.3% |
| 1 Year | 3.1%0.7% | 9.1%6.8% | 18.8%16.3% |
| 3 Year | -2.0%-7.1% | 27.0%19.4% | 45.0%35.7% |
| 5 Year | 11.8%3.1% | 58.1%42.8% | 75.8%56.8% |
Price Volatility Vs. Market
How volatile is Goldman Sachs Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Analyst Forecasts For The Goldman Sachs Group, Inc. (NYSE:GS) Are Surging Higher1 month ago | Simply Wall St
Goldman Sachs Group's(NYSE:GS) Share Price Is Down 12% Over The Past Three Years.1 month ago | Simply Wall St
Are Insiders Selling The Goldman Sachs Group, Inc. (NYSE:GS) Stock?Valuation
Is Goldman Sachs Group undervalued compared to its fair value and its price relative to the market?
11.19x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GS ($208.27) is trading above our estimate of fair value ($142.07)
Significantly Below Fair Value: GS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GS is good value based on its PE Ratio (11.2x) compared to the US Capital Markets industry average (28.6x).
PE vs Market: GS is good value based on its PE Ratio (11.2x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: GS is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: GS is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (9x).
Next Steps
Future Growth
How is Goldman Sachs Group forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
20.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GS's forecast earnings growth (20.7% per year) is above the savings rate (2.2%).
Earnings vs Market: GS's earnings (20.7% per year) are forecast to grow slower than the US market (23.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GS's revenue is expected to decline over the next 3 years (-1.5% per year).
High Growth Revenue: GS's revenue is forecast to decline over the next 3 years (-1.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GS's Return on Equity is forecast to be low in 3 years time (9.8%).
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Past Performance
How has Goldman Sachs Group performed over the past 5 years?
3.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GS has high quality earnings.
Growing Profit Margin: GS's current net profit margins (18.3%) are lower than last year (27.2%).
Past Earnings Growth Analysis
Earnings Trend: GS's earnings have grown by 3.3% per year over the past 5 years.
Accelerating Growth: GS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GS had negative earnings growth (-27.1%) over the past year, making it difficult to compare to the Capital Markets industry average (16.6%).
Return on Equity
High ROE: GS's Return on Equity (7.9%) is considered low.
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Financial Health
How is Goldman Sachs Group's financial position?
Financial Position Analysis
Short Term Liabilities: GS's short term assets ($989.7B) exceed its short term liabilities ($578.2B).
Long Term Liabilities: GS's short term assets ($989.7B) exceed its long term liabilities ($418.1B).
Debt to Equity History and Analysis
Debt Level: GS's debt to equity ratio (504.4%) is considered high.
Reducing Debt: GS's debt to equity ratio has increased from 453.3% to 504.4% over the past 5 years.
Debt Coverage: GS's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: Insufficient data to determine if GS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Goldman Sachs Group current dividend yield, its reliability and sustainability?
2.40%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GS's dividend (2.4%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: GS's dividend (2.4%) is low compared to the top 25% of dividend payers in the US market (4.36%).
Stability and Growth of Payments
Stable Dividend: GS's dividends per share have been stable in the past 10 years.
Growing Dividend: GS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.9%), GS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GS's dividends in 3 years are forecast to be well covered by earnings (21.8% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
David Solomon (58 yo)
1.83yrs
Tenure
US$24,657,737
Compensation
Mr. David Michael Solomon has been the Chief Executive Officer and Director of Goldman Sachs Group Inc. since October 1, 2018 and has been its Chairman since January 01, 2019. Mr. Solomon served as the Pre ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD24.66M) is above average for companies of similar size in the US market ($USD11.35M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 1.83yrs | US$24.66m | 0.044% $ 32.7m | |
| President & COO | 1.83yrs | US$22.26m | 0.031% $ 23.1m | |
| Executive VP & CFO | 1.75yrs | US$20.24m | 0.033% $ 24.5m | |
| Executive VP & General Counsel | 2.58yrs | US$8.37m | 0.00097% $ 724.8k | |
| Executive VP | 18.67yrs | US$10.97m | 0.034% $ 25.5m | |
| Director | no data | no data | no data | |
| Controller & Chief Accounting Officer | 0.75yr | no data | 0.0029% $ 2.2m | |
| MD, Head & Chairman of European Investment Banking | no data | no data | no data | |
| Chair of Investment Banking | 3.25yrs | no data | no data | |
| Partner & Chief Technology Officer | 0.92yr | no data | no data | |
| Chief Administrative Officer | 3.58yrs | no data | 0.0079% $ 5.9m | |
| Head of Investor Relations | no data | no data | no data |
1.8yrs
Average Tenure
56.5yo
Average Age
Experienced Management: GS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 1.83yrs | US$24.66m | 0.044% $ 32.7m | |
| Chairman & Co-CEO of Goldman Sachs (India) Securities Pvt Ltd | 9.42yrs | no data | no data | |
| Chairman & CEO of Asia Pacific Ex-Japan | 2.92yrs | no data | no data | |
| Independent Director | 8.83yrs | US$619.94k | no data | |
| Independent Director | 12.17yrs | US$575.17k | 0.0042% $ 3.1m | |
| Non-Executive Director | 7.58yrs | US$595.12k | 0.28% $ 210.4m | |
| Chairman of International Advisors | no data | no data | no data | |
| Independent Lead Director | 6.08yrs | US$600.26k | 0.00056% $ 418.4k | |
| Independent Director | 6.42yrs | US$620.26k | 0.00056% $ 418.4k | |
| Independent Director | 3.67yrs | US$595.17k | no data | |
| Independent Director | 5.67yrs | US$636.90k | 0.025% $ 18.8m | |
| Independent Director | 5.67yrs | US$595.12k | 0.00028% $ 209.2k |
6.1yrs
Average Tenure
63yo
Average Age
Experienced Board: GS's board of directors are considered experienced (6.1 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
The Goldman Sachs Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Goldman Sachs Group, Inc.
- Ticker: GS
- Exchange: NYSE
- Founded: 1869
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$74.722b
- Shares outstanding: 358.78m
- Website: https://www.goldmansachs.com
Number of Employees
Location
- The Goldman Sachs Group, Inc.
- 200 West Street
- New York
- New York
- 10282
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GS | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | May 1999 |
| GS * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | May 1999 |
| GOS | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | May 1999 |
| GOS | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | May 1999 |
| GS | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | May 1999 |
| GS | BVC (Bolsa de Valores de Colombia) | Yes | Common Stock | CO | COP | May 1999 |
| GS-U | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | May 1999 |
| 0R3G | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | May 1999 |
| GS | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | May 1999 |
| GS.PRA | NYSE (New York Stock Exchange) | PFD A 1/1000 | US | USD | Apr 2005 | |
| GS.PRD | NYSE (New York Stock Exchange) | SHS D 1/1000 | US | USD | May 2006 | |
| GSGI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR REPR 1/10 COM STK NPV | BR | BRL | Dec 2011 | |
| GS.PRJ | NYSE (New York Stock Exchange) | DEP 1/1000 PFD J | US | USD | Apr 2013 | |
| GS.PRK | NYSE (New York Stock Exchange) | DEP 1/1000 SER K | US | USD | Apr 2014 | |
| GS.PRN | NYSE (New York Stock Exchange) | DEP 1/1000 SER N | US | USD | Feb 2016 | |
| GOSI | DB (Deutsche Boerse AG) | PERP JR SB -P NT | DE | USD | Oct 2017 | |
| GS | BASE (Buenos Aires Stock Exchange) | CEDEARS (EACH 13 REP 1 COM USD1.00) | AR | ARS | Apr 2019 | |
| A2R3TX | DB (Deutsche Boerse AG) | ALT TIER I PERP | DE | USD | Jun 2019 |
Biography
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Global Markets, Asset Management, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/08 23:40 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.