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General Motors

SWX:GM
Snowflake Description

Good value with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GM
SWX
$52B
Market Cap
  1. Home
  2. CH
  3. Automobiles
Company description

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The last earnings update was 21 days ago. More info.


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GM Share Price and Events
7 Day Returns
0%
SWX:GM
-3.4%
Europe Auto
-0%
CH Market
1 Year Returns
6%
SWX:GM
4.8%
Europe Auto
14.6%
CH Market
GM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
General Motors (GM) 0% 0% 0% 6% 12.1% 21.2%
Europe Auto -3.4% 3.6% 17.9% 4.8% 11.6% -2.5%
CH Market -0% 3.2% 5.4% 14.6% 22.7% 13.2%
1 Year Return vs Industry and Market
  • GM outperformed the Auto industry which returned 4.8% over the past year.
  • GM underperformed the Market in Switzerland which returned 14.6% over the past year.
Price Volatility
GM
Industry
5yr Volatility vs Market
Related Companies

GM Value

 Is General Motors undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of General Motors to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for General Motors.

SWX:GM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 16 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.6%
Perpetual Growth Rate 10-Year CH Government Bond Rate 3.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SWX:GM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate 3.3%
Equity Risk Premium S&P Global 6%
Auto Unlevered Beta Simply Wall St/ S&P Global 0.62
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.615 (1 + (1- 21%) (202.77%))
1.403
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.4
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.28% + (1.403 * 5.96%)
11.63%

Discounted Cash Flow Calculation for SWX:GM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for General Motors is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SWX:GM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 11.63%)
2020 6,644.53 Analyst x9 5,952.03
2021 6,495.75 Analyst x4 5,212.32
2022 6,716.00 Analyst x2 4,827.39
2023 6,807.38 Est @ 1.36% 4,383.12
2024 6,939.10 Est @ 1.93% 4,002.27
2025 7,101.27 Est @ 2.34% 3,668.94
2026 7,287.21 Est @ 2.62% 3,372.61
2027 7,492.37 Est @ 2.82% 3,106.17
2028 7,713.64 Est @ 2.95% 2,864.61
2029 7,948.89 Est @ 3.05% 2,644.32
Present value of next 10 years cash flows $40,033.00
SWX:GM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $7,948.89 × (1 + 3.28%) ÷ (11.63% – 3.28%)
$98,199.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $98,199.59 ÷ (1 + 11.63%)10
$32,667.56
SWX:GM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $40,033.00 + $32,667.56
$72,700.56
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $72,700.56 / 1,428.78
$50.88
SWX:GM Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SWX:GM represents 1.02922x of NYSE:GM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.02922x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (USD) x Listing Adjustment Factor
= $ 50.88 x 1.02922
CHF52.37
Value per share (CHF) From above. CHF52.37
Current discount Discount to share price of CHF37.69
= -1 x (CHF37.69 - CHF52.37) / CHF52.37
28%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price General Motors is available for.
Intrinsic value
28%
Share price is CHF37.69 vs Future cash flow value of CHF52.37
Current Discount Checks
For General Motors to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • General Motors's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • General Motors's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for General Motors's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are General Motors's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:GM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $6.21
NYSE:GM Share Price ** NYSE (2019-11-19) in USD $36.62
Europe Auto Industry PE Ratio Median Figure of 15 Publicly-Listed Auto Companies 9.66x
Switzerland Market PE Ratio Median Figure of 171 Publicly-Listed Companies 19.26x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of General Motors.

SWX:GM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:GM Share Price ÷ EPS (both in USD)

= 36.62 ÷ 6.21

5.9x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • General Motors is good value based on earnings compared to the Europe Auto industry average.
  • General Motors is good value based on earnings compared to the Switzerland market.
Price based on expected Growth
Does General Motors's expected growth come at a high price?
Raw Data
SWX:GM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.9x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
7.7%per year
Europe Auto Industry PEG Ratio Median Figure of 10 Publicly-Listed Auto Companies 1.12x
Switzerland Market PEG Ratio Median Figure of 124 Publicly-Listed Companies 2.12x

*Line of best fit is calculated by linear regression .

SWX:GM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.9x ÷ 7.7%

0.77x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • General Motors is good value based on expected growth next year.
Price based on value of assets
What value do investors place on General Motors's assets?
Raw Data
SWX:GM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $31.82
NYSE:GM Share Price * NYSE (2019-11-19) in USD $36.62
Europe Auto Industry PB Ratio Median Figure of 23 Publicly-Listed Auto Companies 0.88x
Switzerland Market PB Ratio Median Figure of 214 Publicly-Listed Companies 1.65x
SWX:GM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:GM Share Price ÷ Book Value per Share (both in USD)

= 36.62 ÷ 31.82

1.15x

* Primary Listing of General Motors.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • General Motors is overvalued based on assets compared to the Europe Auto industry average.
X
Value checks
We assess General Motors's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto industry average (and greater than 0)? (1 check)
  5. General Motors has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GM Future Performance

 How is General Motors expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is General Motors expected to grow at an attractive rate?
  • General Motors's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Growth vs Market Checks
  • General Motors's earnings growth is positive but not above the Switzerland market average.
  • General Motors's revenue growth is positive but not above the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:GM Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:GM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 7.7%
SWX:GM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts 2.7%
Europe Auto Industry Earnings Growth Rate Market Cap Weighted Average 9.8%
Europe Auto Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 9.9%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SWX:GM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:GM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31 150,774 8,280 1
2021-12-31 144,733 15,494 7,561 8
2020-12-31 145,018 12,992 8,631 16
2019-12-31 137,177 6,521 6,281 13
2019-11-19
SWX:GM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 144,810 17,578 8,819
2019-06-30 145,128 14,698 9,009
2019-03-31 145,828 14,727 9,003
2018-12-31 147,049 15,256 7,986
2018-09-30 146,365 16,114 1,092
2018-06-30 144,197 15,322 -1,298
2018-03-31 144,421 15,735 -1,243
2017-12-31 145,588 17,328 332
2017-09-30 147,769 14,458 7,175
2017-06-30 153,035 18,147 9,830
2017-03-31 153,434 18,756 10,160
2016-12-31 149,184 16,607 9,428

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • General Motors's earnings are expected to grow by 7.7% yearly, however this is not considered high growth (20% yearly).
  • General Motors's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SWX:GM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from General Motors Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:GM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 5.75 5.75 5.75 1.00
2021-12-31 5.39 5.69 5.09 3.00
2020-12-31 6.20 6.68 5.16 7.00
2019-12-31 4.41 5.00 1.99 7.00
2019-11-19
SWX:GM Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 6.21
2019-06-30 6.36
2019-03-31 6.37
2018-12-31 5.66
2018-09-30 0.77
2018-06-30 -0.91
2018-03-31 -0.86
2017-12-31 0.23
2017-09-30 4.81
2017-06-30 6.48
2017-03-31 6.64
2016-12-31 6.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • General Motors is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess General Motors's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
General Motors has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GM Past Performance

  How has General Motors performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare General Motors's growth in the last year to its industry (Auto).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • General Motors's year on year earnings growth rate has been positive over the past 5 years.
  • General Motors's 1-year earnings growth exceeds its 5-year average (707.6% vs 1%)
  • General Motors's earnings growth has exceeded the Europe Auto industry average in the past year (707.6% vs 3.2%).
Earnings and Revenue History
General Motors's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from General Motors Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:GM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 144,810.00 8,819.00 7,494.00
2019-06-30 145,128.00 9,009.00 7,486.00
2019-03-31 145,828.00 9,003.00 7,440.00
2018-12-31 147,049.00 7,986.00 7,545.00
2018-09-30 146,365.00 1,092.00 7,650.00
2018-06-30 144,197.00 -1,298.00 7,713.00
2018-03-31 144,421.00 -1,243.00 8,031.00
2017-12-31 145,588.00 332.00 8,140.00
2017-09-30 147,769.00 7,175.00 8,763.00
2017-06-30 153,035.00 9,830.00 9,425.00
2017-03-31 153,434.00 10,160.00 9,671.00
2016-12-31 149,184.00 9,428.00 8,783.00
2016-09-30 148,909.00 13,739.00 10,172.00
2016-06-30 148,863.00 12,330.00 10,544.00
2016-03-31 149,660.00 10,687.00 10,903.00
2015-12-31 135,725.00 9,662.00 10,288.00
2015-09-30 152,352.00 4,526.00 11,588.00
2015-06-30 152,764.00 4,551.00 11,627.00
2015-03-31 154,233.00 3,624.00 11,916.00
2014-12-31 155,929.00 2,804.00 11,758.00
2014-09-30 156,797.00 2,612.00 11,720.00
2014-06-30 156,525.00 1,925.00 11,675.00
2014-03-31 155,951.00 2,935.00 11,559.00
2013-12-31 155,427.00 3,770.00 12,382.00
2013-09-30 154,249.00 3,749.00 11,943.00
2013-06-30 152,842.00 4,528.00 11,916.00
2013-03-31 151,381.00 4,815.00 11,853.00
2012-12-31 152,256.00 4,859.00 12,276.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • General Motors has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • General Motors used its assets more efficiently than the Europe Auto industry average last year based on Return on Assets.
  • General Motors's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess General Motors's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
General Motors has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GM Health

 How is General Motors's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up General Motors's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • General Motors's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • General Motors's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of General Motors's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from General Motors Company Filings, last reported 1 month ago.

SWX:GM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 48,771.00 104,850.00 23,576.00
2019-06-30 47,089.00 106,939.00 20,521.00
2019-03-31 44,638.00 107,512.00 17,897.00
2018-12-31 42,777.00 104,423.00 21,910.00
2018-09-30 40,908.00 103,520.00 19,851.00
2018-06-30 38,636.00 99,282.00 18,011.00
2018-03-31 35,458.00 99,728.00 17,166.00
2017-12-31 36,200.00 94,219.00 19,525.00
2017-09-30 43,477.00 92,673.00 17,246.00
2017-06-30 45,725.00 89,089.00 20,531.00
2017-03-31 46,214.00 90,901.00 20,424.00
2016-12-31 44,075.00 75,123.00 21,615.00
2016-09-30 45,015.00 79,100.00 21,504.00
2016-06-30 44,003.00 75,320.00 20,070.00
2016-03-31 41,325.00 71,149.00 18,531.00
2015-12-31 40,323.00 63,111.00 20,301.00
2015-09-30 35,135.00 57,403.00 21,862.00
2015-06-30 35,670.00 53,517.00 22,727.00
2015-03-31 36,823.00 48,258.00 22,085.00
2014-12-31 36,024.00 46,665.00 25,176.00
2014-09-30 43,563.00 41,105.00 26,130.00
2014-06-30 42,585.00 40,076.00 28,399.00
2014-03-31 42,840.00 37,767.00 26,942.00
2013-12-31 43,174.00 36,183.00 27,893.00
2013-09-30 37,361.00 32,123.00 26,814.00
2013-06-30 39,004.00 26,748.00 24,198.00
2013-03-31 38,447.00 18,424.00 24,306.00
2012-12-31 37,000.00 16,050.00 26,121.00
  • General Motors's level of debt (215%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (94.7% vs 215% today).
  • Debt is not well covered by operating cash flow (16.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 22.5x coverage).
X
Financial health checks
We assess General Motors's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. General Motors has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GM Dividends

 What is General Motors's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.15%
Current annual income from General Motors dividends. Estimated to be 4.2% next year.
If you bought CHF2,000 of General Motors shares you are expected to receive CHF83 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • General Motors's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (1.84%).
  • General Motors's dividend is above the markets top 25% of dividend payers in Switzerland (3.6%).
Upcoming dividend payment

Purchase General Motors before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SWX:GM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
Europe Auto Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.3%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 163 Stocks 2.9%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.2%
Switzerland Bottom 25% Dividend Yield 25th Percentile 1.8%
Switzerland Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SWX:GM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 1.52 1.00
2022-12-31 1.52 2.00
2021-12-31 1.52 9.00
2020-12-31 1.54 13.00
2019-12-31 1.55 13.00
2019-11-19
SWX:GM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-10-28 1.520 4.022
2019-07-31 1.520 4.087
2019-04-29 1.520 4.049
2019-02-05 1.520 3.918
2018-10-30 1.520 4.225
2018-07-24 1.520 4.365
2018-04-25 1.520 3.840
2018-02-05 1.520 3.943
2017-10-23 1.520 3.536
2017-07-24 1.520 3.960
2017-04-27 1.520 4.422
2017-02-06 1.520 4.273
2016-10-24 1.520 4.355
2016-07-20 1.520 4.803
2016-04-20 1.520 5.023
2016-01-13 1.520 5.066
2015-12-08 1.440 4.324
2015-09-02 1.440 4.342
2015-04-14 1.440 4.328
2015-01-21 1.200 3.278
2014-08-14 1.200 3.661
2014-04-14 1.200 3.406
2014-01-14 1.200 3.355
2010-11-18 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, General Motors has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but General Motors only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of General Motors's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.4x coverage).
X
Income/ dividend checks
We assess General Motors's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can General Motors afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. General Motors has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GM Management

 What is the CEO of General Motors's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mary Barra
COMPENSATION $21,870,450
AGE 57
TENURE AS CEO 5.8 years
CEO Bio

Ms. Mary T. Barra serves as the Chief Executive Officer of General Motors of Canada Limited. Ms. Barra has been the Chief Executive Officer of General Motors Company January 15, 2014. She is a Director of General Motors Financial Company, Inc. Under her leadership, General Motors is focused on strengthening its core business of building great cars, trucks and crossovers, while also working to lead the transformation of personal mobility through advanced technologies like connectivity, electrification, autonomous vehicles and car sharing. She served as an Executive Vice President of Global Product Development & Global Purchasing and Supply Chain at General Motors Company from August 2013 to January 15, 2014. Ms. Barra served as Senior Vice President of Global Product Development of General Motors Company from February 1, 2011 to 2013 and served as its Chief of Product Development. In these roles, Ms. Barra and her teams were responsible for the design, engineering and quality of General Motors vehicle launches worldwide. She served as Vice President of Global Human Resources at General Motors Company from July 30, 2009 to February 1, 2011 and served as its Vice President of Global Manufacturing Engineering. She served as an Executive Director of Vehicle Manufacturing Engineering of Motors Liquidation Company (formerly General Motors Corporation) from 2004 to July 2009. Ms. Barra served as Vice President of Global Manufacturing Engineering at Motors Liquidation Company from February 1, 2008 to July 2009. She held a number of engineering and staff positions, including Plant Manager of Detroit Hamtramck Assembly Plant; Executive Director of Competitive Operations Engineering and General Director of Internal Communications for General Motors North America. She began her career with General Motors in 1980 as a General Motors Institute (Kettering University) co-op student at the Pontiac Motor Division. She has been the Chairman of General Motors Company since January 4, 2016 and its Director since January 15, 2014. She has been a Director at The Walt Disney Company since August 23, 2017. Ms. Barra serves as a Member of the Stanford University Board of Trustees and the Stanford GSB Advisory Council. She also serves on the Board of Directors of the Detroit Economic Club; the Board of Trustees for Detroit Country Day School and as a member of The Business Council. She serves on the Kettering University Board of Trustees and Inforum Center for Leadership Board of Directors. Ms. Barra serves as Director at GM Cruise Holdings LLC. She served as a Director of General Dynamics Corporation since March 15, 2011 until May 3, 2017. She is also Co-Chair of the Department of Transportation’s Advisory Committee on Automation in Transportation. She was named one of Automotive News' 100 Leading Women in the North American Auto Industry“ in 2005 and again in 2010. In 2010, she earned Kettering Alumni Association's Management Achievement Award for her specific contributions with positive and lasting effects in the field of management. She received a GM fellowship to the Stanford Graduate School of Business. Ms. Barra holds a Bachelor of Science degree in electrical engineering from General Motors Institute (Kettering University) in 1985. She holds an MBA in Business Administration from Stanford Graduate School of Business in 1990.

CEO Compensation
  • Mary's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mary's remuneration is higher than average for companies of similar size in Switzerland.
Management Team Tenure

Average tenure and age of the General Motors management team in years:

3
Average Tenure
55.5
Average Age
  • The tenure for the General Motors management team is about average.
Management Team

Mary Barra

TITLE
Chairman & CEO
COMPENSATION
$22M
AGE
57
TENURE
5.8 yrs

Mark Reuss

TITLE
President
COMPENSATION
$7M
AGE
55
TENURE
0.8 yrs

Dhivya Suryadevara

TITLE
Executive VP & CFO
COMPENSATION
$6M
AGE
37
TENURE
1.2 yrs

Alan Batey

TITLE
COMPENSATION
$5M
AGE
56

Dan Ammann

TITLE
Chief Executive Officer of GM Cruise Holdings LLC
COMPENSATION
$9M
AGE
47
TENURE
0.8 yrs

Christopher Hatto

TITLE
VP, Controller & Chief Accounting Officer
AGE
49
TENURE
1.2 yrs

Jon Lauckner

TITLE
CTO and VP of Global R&D
AGE
62
TENURE
7.6 yrs

Randy Mott

TITLE
Chief Information Officer & Senior VP of Global Information Technology
AGE
62
TENURE
7.8 yrs

Dan Turton

TITLE
Vice President of Federal and Administration Affairs
TENURE
4.8 yrs

Randy Arickx

TITLE
Vice President of Corporate Communications & Investor Relations
Board of Directors Tenure

Average tenure and age of the General Motors board of directors in years:

4.1
Average Tenure
63
Average Age
  • The tenure for the General Motors board of directors is about average.
Board of Directors

Mary Barra

TITLE
Chairman & CEO
COMPENSATION
$22M
AGE
57
TENURE
3.8 yrs

Carol Stephenson

TITLE
Independent Director
COMPENSATION
$305K
AGE
68
TENURE
10.3 yrs

Pat Russo

TITLE
Independent Director
COMPENSATION
$308K
AGE
67
TENURE
10.3 yrs

Tom Schoewe

TITLE
Independent Director
COMPENSATION
$336K
AGE
66
TENURE
8 yrs

Tim Solso

TITLE
Lead Independent Director
COMPENSATION
$388K
AGE
71
TENURE
3.8 yrs

Linda Gooden

TITLE
Independent Director
COMPENSATION
$307K
AGE
66
TENURE
4.8 yrs

Joe Jimenez

TITLE
Independent Director
COMPENSATION
$292K
AGE
59
TENURE
4.4 yrs

Jane Mendillo

TITLE
Independent Director
COMPENSATION
$278K
AGE
60
TENURE
3.4 yrs

Devin Wenig

TITLE
Independent Director
COMPENSATION
$215K
AGE
52
TENURE
1.6 yrs

Jami Miscik

TITLE
Independent Director
COMPENSATION
$72K
AGE
60
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
09. May 19 Buy Wesley Bush Individual 07. May 19 07. May 19 10,000 CHF39.44 CHF394,399
X
Management checks
We assess General Motors's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. General Motors has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GM News

Simply Wall St News

GM Company Info

Description

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, GM Cruise, and GM Financial. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, Jiefang, and Wuling brand names. The company also sells trucks, crossovers, and cars to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security, and mobility solutions for retail and fleet customers, including automatic crash response, stolen vehicle assistance, roadside assistance, dealer maintenance notifications, remote door unlock, turn-by-turn navigation, vehicle location services, hands-free calling, smart driver, and marketplace, as well as connectivity packages comprising remote vehicle access through a mobile application, on-demand vehicle diagnostics, connected navigation, and 4G LTE wireless connectivity. Further, the company provides automotive financing services. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.

Details
Name: General Motors Company
GM
Exchange: SWX
Founded: 1908
$51,810,362,265
1,428,784,056
Website: http://www.gm.com
Address: General Motors Company
300 Renaissance Center,
Detroit,
Michigan, 48243,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE GM Common Stock New York Stock Exchange US USD 17. Nov 2010
DB 8GM Common Stock Deutsche Boerse AG DE EUR 17. Nov 2010
XTRA 8GM Common Stock XETRA Trading Platform DE EUR 17. Nov 2010
LSE 0R0E Common Stock London Stock Exchange GB USD 17. Nov 2010
SWX GM Common Stock SIX Swiss Exchange CH CHF 17. Nov 2010
WBAG GMOT Common Stock Wiener Boerse AG AT EUR 17. Nov 2010
BMV GM * Common Stock Bolsa Mexicana de Valores MX MXN 17. Nov 2010
BOVESPA GMCO34 BDR EA REP 1 COM SH USD0.01 Bolsa de Valores de Sao Paulo BR BRL 01. Sep 2016
Number of employees
Current staff
Staff numbers
173,000
General Motors employees.
Industry
Automobile Manufacturers
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 21:40
End of day share price update: 2019/11/19 00:00
Last estimates confirmation: 2019/11/15
Last earnings filing: 2019/10/29
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.