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General Motors Co (GM)

合理估值
Consumer CyclicalAuto ManufacturersUnited States

基本面

51

价格

$77.69

市值

$72.93B

第一部分 · 这家公司值多少

概览

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. It operates through GM North America, GM International, and GM Financial segments. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names. In addition, it sells trucks, crossovers, cars, and automobile parts through retail dealers, distributors and dealers, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. Further, the company offers various range of after-sale services through dealer network, such as maintenance, light repairs, collision repairs, vehicle accessories, and extended service warranties. Additionally, it provides automotive financing; and software-enabled services and subscriptions. General Motors Company was founded in 1908 and is based in Detroit, Michigan.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users

P/E: —Score: 55Market cap: $46.14B

Ford is GM's closest rival in the United States, selling trucks, SUVs and EVs to the same buyers and dealers, with the F-Series fighting the Chevrolet Silverado and GMC Sierra for the profitable full-size pickup customer.

P/E: 328.5Score: 49Market cap: $1.49T

Tesla holds by far the largest share of US electric-vehicle sales, the segment where GM is investing to place Chevrolet, Cadillac and GMC electric models with the same buyers.

Stellantis N.V.STLA

Through Ram, Jeep and Chrysler, Stellantis competes for the same North American pickup and SUV buyers that generate most of GM's profit, and for the same dealer network and fleet contracts.

Toyota Motor Corporation (トヨタ自動車株式会社)7203

Toyota is the second-largest seller of light vehicles in the United States and takes GM head-on in mid-size and full-size SUVs, pickups and hybrids in the country GM depends on most.

American Honda Motor Co. / Honda Motor Co., Ltd. (本田技研工業株式会社)7267

Honda sells crossovers and mid-size vehicles to the same mainstream American households that buy Chevrolet and Buick, and ranks just ahead of Stellantis in US volume.

Hyundai Motor Company (현대자동차)005380

Hyundai, with Kia and Genesis, has been gaining US share with crossovers and electric models priced against Chevrolet and Cadillac, and competes with GM in several emerging markets as well.

资产负债表与流动性

营收

$168.35B

最近12个月(截至2026/6/30)

净利润

$1.95B

最近12个月(截至2026/6/30)

自由现金流

$17.56B

股东权益合计

$61.12B

负债合计

$218.12B

流动比率

1.14

利息覆盖率

-

债务/EBITDA

8.92

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

周期性合理估值

公允价值

$78.85

当前价格

$77.69

安全边际

+1.5%

公允价值区间

$51.26 - $106.45

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$104.22
现金流折现法(DCF):不适用于此类公司
市盈率法(P/E):$12.77
格雷厄姆成长公式:不适用于此类公司
盈利能力价值(EPV):$7.14
合理市净率(P/B):不适用于此类公司
股息折现模型(戈登模型):不适用于此类公司
P/FFO(运营资金):不适用于此类公司
周期中段收益:$112.21
市销率法(P/S):不适用于此类公司
分析师共识:强力买入 (30B / 7H / 1S)
最近财报超预期:+8.41%

估值指标

市盈率(P/E)

34.38

ROE

4.4%

市净率(P/B)

1.09

P/FCF

4.69

毛利率

-

ROIC

0.8%

盈利能力雷达图

价值创造(经济护城河)

ROIC

0.8%

WACC

4.4%

ROIC − WACC

-3.6 pp

ROIC 低于资本成本:公司每投入一美元都在毁灭价值。

基本面分析标准

通过(14)

  • Price CAGR 9.41%
  • P/FCF 4.69
  • P/B Ratio 1.09
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Low reliance on intangibles
  • DCF valuation (Undervalued)
  • Revenue Growth 5Y 8.6%
  • Analyst Consensus 79% Buy
  • Earnings Surprise avg 18.4%
  • Earnings Quality (OCF/NI) 11.90
  • Share Dilution -12.6%
  • Piotroski F-Score 5/9

未通过(10)

  • EPS shows upward trend
  • EPS CAGR -2.38%
  • ROIC 0.8%
  • Operating Margin 1.1%
  • CapEx intensity
  • Debt/EBITDA
  • Return on Tangible Assets
  • Price below Graham Number
  • ROE 3.1%
  • Net Margin Trend 1.2% vs 2.8%

不可用(4)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Interest Coverage
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-评分

5/9

信号混杂:部分领域需关注

score
criteria

盈利质量

11.90

高质量:盈利有现金流支撑

股权稀释

-12.6%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Ms. Mary T. BarraChairman & CEO63
Mr. Mark L. ReussPresident61
Mr. Paul A. JacobsonExecutive VP & CFO53
Mr. Rory V. HarveyExecutive VP & President of Global Markets57
Mr. Sterling J. AndersonExecutive VP of Global Product & Chief Product Officer41
Mr. Ashish Kohli C.F.A.Vice President of Investor Relations56
Mr. Grant M. DixtonExecutive VP, Chief Legal & Public Policy Officer and Corporate Secretary51
Ms. Lin-Hua WuExecutive VP, Chief Marketing & Communications Officer54
Ms. Arden McIntyre HoffmanExecutive VP & Chief People Officer54
Mr. Duncan AldredSenior VP and President of North America53

审计风险

4

董事会风险

8

薪酬风险

6

股东权利风险

4

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-01-27

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-07-21

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-08-11

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

Recent headlines for GM, sourced from Markets Gazette.

  • 22d agoNEUTRAL
    GM CEO Mary Barra is unfazed by the electric slowdown: ‘We still think EVs are the end game’

    Despite a perceived slowdown in the electric vehicle (EV) market, General Motors CEO Mary Barra remains committed to EVs as the 'end game.' This statement suggests that GM will continue its long-term investment and strategic focus on electric mobility, even amidst current market fluctuations. Investors should note that while short-term demand for EVs may be softening, GM's strategic direction indicates a persistent belief in the future dominance of electric vehicles, potentially positioning the company for long-term growth in this sector.

  • 7/30/2026NEGATIVE
    McKinsey auto leader: China’s auto industry is faster, cheaper and better. Here’s how the West can close the gap 

    A McKinsey report highlights that China's auto industry has surpassed Western counterparts in speed, cost, and quality, leading to a significant market share shift. Chinese automakers have grown from under 1% to 12% of the global market share in two decades, while Detroit's Big Three have collectively lost 16 points. This competitive pressure poses a substantial challenge to established Western automakers like General Motors, potentially impacting future sales and profitability. Investors should monitor how these companies adapt to the evolving global automotive landscape.

  • 7/21/2026POSITIVE
    GM’s stock bounces back as revenue grows for the first time in over a year

    General Motors Company (GM) shares experienced a notable rebound, driven by a strong beat-and-raise earnings report. The company announced revenue growth, successfully breaking a four-quarter streak of declines. This positive momentum suggests a potential turnaround for the automotive giant, with investors likely encouraged by the improved financial performance and forward-looking guidance. The revenue increase, coupled with the positive earnings surprise, indicates that GM's strategic initiatives may be gaining traction, potentially leading to sustained stock appreciation.

  • 6/19/2026NEGATIVE
    GM, UAW face sudden high-stakes factory rift

    General Motors' decision to install collaborative robots at its Detroit-Hamtramck Factory Zero plant, a facility already impacted by 1,000 layoffs, has created a significant rift with the United Auto Workers (UAW) union. While GM asserts the cobots will enhance worker ergonomics and modernize production, the UAW views this as a potential precursor to further job displacement and a violation of labor agreements. This high-stakes confrontation introduces uncertainty regarding future labor relations and operational stability for GM, potentially impacting investor sentiment and the company's stock performance.

  • 6/14/2026POSITIVE
    GM Outlines Energy Storage Push With New Battery Chemistry, Data Center Applications And Vehicle-To-Grid Tech

    General Motors is advancing its energy storage strategy with a new battery chemistry, data center applications, and Vehicle-to-Grid (V2G) technology. The company aims to make bidirectional charging a standard feature across its vehicle lineup, enabling EVs to power homes and the grid. This move positions GM at the forefront of the evolving energy ecosystem, potentially enhancing vehicle utility and creating new revenue streams. Investors should monitor the rollout and adoption rates of these technologies as key indicators of future growth and market leadership in the EV and energy storage sectors.

  • 6/9/2026POSITIVE
    GM follows Ford by making a big energy bet — this time with an unconventional approach

    General Motors is making a significant strategic move into sodium-ion battery technology, mirroring a recent successful initiative by competitor Ford. This unconventional approach aims to revamp GM's energy business, potentially unlocking new revenue streams and enhancing its competitive position in the evolving automotive and energy sectors. The adoption of this advanced battery technology could lead to cost reductions and improved performance, signaling a positive outlook for GM's future growth and innovation. Investors will be watching closely for the impact on market share and profitability.

  • 4/30/2026POSITIVE
    GM just boosted its U.S. manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great

    General Motors has significantly increased its U.S. manufacturing investment to $6 billion within a single year, signaling a renewed commitment to domestic production and a broad product strategy. This substantial capital injection underscores GM's intent to cater to a diverse customer base with a wide array of vehicles, echoing its historical 'a car for every purse and purpose' philosophy. The increased spending is expected to bolster U.S. operations, potentially leading to job creation and enhanced manufacturing capabilities. Investors may view this as a positive sign of the company's long-term growth strategy and its dedication to the American market, potentially driving future revenue and market share gains.

  • 4/28/2026POSITIVE
    GM expects $500 million in Trump’s tariff refunds—just a fraction of the $3.1 billion in tariffs it paid last year

    General Motors has booked a $500 million accounting gain in the first quarter, anticipating refunds related to tariffs imposed during the Trump administration. This figure represents a fraction of the $3.1 billion in tariffs the automaker paid last year. While the refunds have not yet been received, the anticipated gain provides a positive boost to GM's financial reporting for the period. Investors will monitor the actual receipt of these funds and their impact on future cash flows and profitability, but the initial booking signals a potential recovery of past expenses.

via Markets Gazette