General de Alquiler de Maquinaria SA

MC:GAM Spain Rental & Leasing Services
Market Cap
$135.96 Million
€132.45 Million EUR
Market Cap Rank
#24117 Global
#80 in Spain
Share Price
€1.40
Change (1 day)
-0.71%
52-Week Range
€1.08 - €1.69
All Time High
€2.60
About

General de Alquiler de Maquinaria, S.A. primarily engages in the equipment rental business in Spain, Portugal, Latam, and internationally. It rents lifting, load handling, energy, maintenance, and other equipment. The company also purchases and sells new and secondhand machinery; rents equipment for large events; and provides maintenance services for equipment and machinery, as well as undertakes… Read more

General de Alquiler de Maquinaria SA (GAM) - Net Assets

Latest net assets as of June 2025: €107.48 Million EUR

Based on the latest financial reports, General de Alquiler de Maquinaria SA (GAM) has net assets worth €107.48 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€551.32 Million) and total liabilities (€443.83 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets €107.48 Million
% of Total Assets 19.5%
Annual Growth Rate 5.91%
5-Year Change 30.53%
10-Year Change 4554.97%
Growth Volatility 128.83

General de Alquiler de Maquinaria SA - Net Assets Trend (2003–2024)

This chart illustrates how General de Alquiler de Maquinaria SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for General de Alquiler de Maquinaria SA (2003–2024)

The table below shows the annual net assets of General de Alquiler de Maquinaria SA from 2003 to 2024.

Year Net Assets Change
2024-12-31 €107.20 Million +3.06%
2023-12-31 €104.03 Million +6.64%
2022-12-31 €97.55 Million +14.86%
2021-12-31 €84.92 Million +3.40%
2020-12-31 €82.13 Million +60.02%
2019-12-31 €51.32 Million +395.54%
2018-12-31 €-17.37 Million -75.29%
2017-12-31 €-9.91 Million -22.63%
2016-12-31 €-8.08 Million -450.80%
2015-12-31 €2.30 Million +103.21%
2014-12-31 €-71.80 Million -44.89%
2013-12-31 €-49.55 Million -55.60%
2012-12-31 €-31.84 Million -183.07%
2011-12-31 €38.33 Million -75.79%
2010-12-31 €158.33 Million -13.05%
2009-12-31 €182.10 Million -4.05%
2008-12-31 €189.78 Million +5.57%
2007-12-31 €179.78 Million +57.83%
2006-12-31 €113.91 Million +80.62%
2005-12-31 €63.06 Million +25.18%
2004-12-31 €50.38 Million +56.86%
2003-12-31 €32.12 Million --

Equity Component Analysis

This analysis shows how different components contribute to General de Alquiler de Maquinaria SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 2359.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock €94.61 Million 89.96%
Other Components €59.84 Million 56.90%
Total Equity €105.17 Million 100.00%

General de Alquiler de Maquinaria SA Competitors by Market Cap

The table below lists competitors of General de Alquiler de Maquinaria SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in General de Alquiler de Maquinaria SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 101,947,000 to 105,165,000, a change of 3,218,000 (3.2%).
  • Net income of 4,397,000 contributed positively to equity growth.
  • Share repurchases of 152,000 reduced equity.
  • Other comprehensive income decreased equity by 3,025,000.
  • Other factors increased equity by 1,998,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €4.40 Million +4.18%
Share Repurchases €152.00K -0.14%
Other Comprehensive Income €-3.02 Million -2.88%
Other Changes €2.00 Million +1.9%
Total Change €- 3.16%

Book Value vs Market Value Analysis

This analysis compares General de Alquiler de Maquinaria SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.17x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.07x to 1.17x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 €20.59 €1.40 x
2004-12-31 €28.01 €1.40 x
2005-12-31 €12.92 €1.40 x
2006-12-31 €26.06 €1.40 x
2007-12-31 €42.15 €1.40 x
2008-12-31 €41.40 €1.40 x
2009-12-31 €40.13 €1.40 x
2010-12-31 €109.34 €1.40 x
2011-12-31 €6.42 €1.40 x
2012-12-31 €-5.50 €1.40 x
2013-12-31 €-35.22 €1.40 x
2014-12-31 €-11.44 €1.40 x
2015-12-31 €0.07 €1.40 x
2016-12-31 €-0.12 €1.40 x
2017-12-31 €-0.11 €1.40 x
2018-12-31 €-0.15 €1.40 x
2019-12-31 €0.58 €1.40 x
2020-12-31 €1.21 €1.40 x
2021-12-31 €0.89 €1.40 x
2022-12-31 €0.99 €1.40 x
2023-12-31 €1.08 €1.40 x
2024-12-31 €1.20 €1.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently General de Alquiler de Maquinaria SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 4.18%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.45%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 5.24x
  • Recent ROE (4.18%) is above the historical average (-15.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 6.79% 9.24% 0.19x 3.84x €-1.03 Million
2004 27.13% 15.70% 0.37x 4.68x €8.63 Million
2005 20.52% 10.24% 0.39x 5.15x €6.64 Million
2006 15.20% 9.33% 0.42x 3.87x €5.92 Million
2007 13.91% 507.88% 0.01x 5.27x €7.02 Million
2008 7.17% 3.73% 0.39x 4.90x €-5.36 Million
2009 -4.91% -3.22% 0.34x 4.45x €-27.15 Million
2010 -39.74% -26.46% 0.33x 4.56x €-78.76 Million
2011 -156.57% -29.86% 0.37x 14.22x €-63.85 Million
2012 0.00% -43.94% 0.37x 0.00x €-58.15 Million
2013 0.00% -14.15% 0.42x 0.00x €-11.98 Million
2014 0.00% -27.26% 0.44x 0.00x €-21.01 Million
2015 -338.96% -5.54% 0.48x 126.42x €-5.99 Million
2016 0.00% -10.59% 0.49x 0.00x €-10.27 Million
2017 0.00% -6.65% 0.57x 0.00x €-6.70 Million
2018 0.00% -3.06% 0.64x 0.00x €-2.28 Million
2019 78.32% 28.04% 0.61x 4.57x €34.90 Million
2020 1.39% 0.85% 0.49x 3.35x €-7.04 Million
2021 3.11% 1.56% 0.50x 4.01x €-5.82 Million
2022 8.19% 3.43% 0.50x 4.81x €-1.69 Million
2023 8.90% 3.23% 0.52x 5.27x €-1.13 Million
2024 4.18% 1.45% 0.55x 5.24x €-6.12 Million

Industry Comparison

This section compares General de Alquiler de Maquinaria SA's net assets metrics with peer companies in the Rental & Leasing Services industry.

Industry Context

  • Industry: Rental & Leasing Services
  • Average net assets among peers: $20,862,295
  • Average return on equity (ROE) among peers: 11.91%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
General de Alquiler de Maquinaria SA (GAM) €107.48 Million 6.79% 4.13x $26.87 Million
Alquiber Quality SA (ALQ) $20.86 Million 11.91% 3.49x $29.61 Million