GLDM

SPDR Gold MiniShares Trust

Fundamental data last updated:August 14, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

AMEX

County of HQ

US

Next Earnings Date

Not Scheduled

Business Summary

The investment objective of SPDR Gold MiniShares Trust (GLDM) is for the Shares of GLDM (MiniShares) to reflect the performance of the price of gold bullion, less GLDM's expensesShares of GLDM are designed for investors who want a cost-effective and convenient way to invest in goldFor many investors, costs associated with buying and selling the Shares in the secondary market and the payment of GLDM's ongoing expenses will be lower than the costs associated with buying and selling gold bullion and storing and insuring gold bullion in a traditional allocated gold bullion account

 


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VALUATION

P/E

N/A

Market Cap ($M USD)

$31.08B

Forward P/E

N/A

PEG

N/A

PRICE TO SALES

N/A

PRICE TO BOOK

N/A

EV / EBITDA

N/A

5-Year Average P/E

Free Cash Flow Yield

N/A

DCF Value

N/A

Graham Number

N/A

Price to FCF

N/A

EV to FCF

N/A

Earnings Yield

N/A

FCF Yield

N/A

DIVIDEND

Yield

N/A

Annual Payout

N/A

Payout Ratio

N/A

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

N/A

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

N/A

FREE CASH FLOW

Operating Margin

N/A

Debt-to-Equity

N/A

Piotroski F-Score

4

Altman Z-Score

7249978.26

Return on Invested Capital (ROIC)

N/A

Current Ratio

N/A

Quick Ratio

N/A

Net Debt to EBITDA

N/A

Interest Coverage

N/A

Gross Profit margin

N/A

FCF PER SHARE

N/A

REVENUE PER SHARE

N/A

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Gainseekers Quantitative Analysis

Summary

GLDM SPDR Gold MiniShares Trust presents a unique valuation conundrum. With a staggering Altman Z-score of 7,249,978.258, the trust is a fortress of financial stability, suggesting negligible bankruptcy risk. However, the absence of key valuation metrics like DCF Value and Graham Number leaves investors in the dark about its intrinsic worth. The lack of earnings data and traditional valuation multiples such as Forward P/E and Earnings Yield further complicates any definitive assessment of growth potential. This trust seems to be a safe haven, yet its true value remains elusive.

AI Exposure / Tech Reliance

Operating within the asset management industry, GLDM is inherently insulated from rapid technological shifts. Its focus on gold, a traditional store of value, means it is less susceptible to AI disruptions. However, leveraging technology for operational efficiency could enhance its competitive edge.

The Bull Case

For the value or GARP investor, GLDM's appeal lies in its robust financial health, underscored by an astronomical Altman Z-score. This metric alone signals a fortress-like balance sheet, providing a cushion against economic downturns. While traditional cash flow metrics are absent, the trust's stability and low beta of 0.16 suggest minimal volatility, making it an attractive option for risk-averse investors seeking steady returns.

The Bear Case

Despite its financial stability, GLDM faces structural challenges. The trust is trading 17.38% below its 52-week high, indicating potential overvaluation concerns. The absence of earnings and cash flow metrics raises red flags about its ability to generate returns in a growth-focused market. Without clear pricing power or capital efficiency indicators, investors may question the trust's long-term viability in a competitive asset management landscape.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.16

Insider Buying % (6 Mo)

Distance to 52-Week High

21.45%

Distance to 52-Week Low

28.66%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$91.74

200-DAY SMA

$86.47

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.