NYSE · Asset Management

ASA (ASA) Stock

$49.96 -2.43% NYSE: ASA Financial Services

Valuation

MetricValue
Price$49.96
Market Cap$938.55M
P/E Ratio1.74
P/B Ratio1.06
P/S Ratio7.55
EPS (TTM)$0.00
52-Week High$83.20
52-Week Low$30.35
Dividend Yield0.12%

Financials & Margins

MetricValue
ROE60.36%
ROA60.25%
ROCE61.09%
Gross Margin453.38%
Operating Margin454.05%
Net Margin5.80%
Debt/Equity0.00
Current Ratio8.00

Annual Financials (USD)

Metric20212022202320242025
Revenue$29.0M$30.0M$11.0M$67.0M$148.0M
Operating Profit$19.0M$-156.0M$10.0M$115.0M$672.0M
Net Profit$18.0M$-156.0M$10.0M$115.0M$664.0M
EPS$0.95$-8.08$0.50$6.06$35.35
Op Margin63.8%-528.0%84.0%171.0%453.2%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$483.0M$326.0M$336.0M$445.0M$1.1B
Total Liabilities$0$1.0M$1.0M$1.0M$2.0M
Cash$0$1.0M$5.0M$5.0M$4.0M
Borrowings$0$0$0$0$0

Latest News

Axel Merk calls on SEC to intervene at ASA Gold and Precious Metals Limited as Saba-controlled Board terminates advisory agreement GlobeNewswire · Jul 1, 2026 Merk Investments Concludes Management of ASA Gold and Precious Metals Limited as Saba-Controlled Board Terminates Advisory Agreement GlobeNewswire · Jul 1, 2026 ASA Gold Appoints Paul Kazarian as President MT Newswires · Jun 26, 2026 ASA Gold and Precious Metals Limited Announces the Appointment of Paul Kazarian as President and Principal Executive Officer; and the Establishment of an Investment Committee to Manage the Company’s Portfolio Internally on an Interim Basis Business Wire · Jun 25, 2026 ASA Gold Says COO Axel Merk Resigns Effective Immediately MT Newswires · Jun 11, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$0$0$0$0$0
Investing Cash Flow$0$0$0$0$0
Financing Cash Flow$0$0$0$0$0
Net Cash Flow$0$0$0$0$0
Free Cash Flow$0$0$0$0$0

Valuation & Return Ratios

MetricValue
PEG Ratio
EV / EBITDA1.72
FCF Yield0.00%
Quick Ratio6.28
Interest Coverage
Return 1Y49.51%
Return 3Y227.89%
Return 5Y147.88%

Ownership

Insiders Held3.77%
Institutions Held64.27%
Institutions Float Held66.78%
Institutional HolderSharesReport Date
Saba Capital Management, L.P.5,903,7012026-03-31
Sessa Capital IM, L.P.1,050,0002026-03-31
Morgan Stanley891,0232026-03-31
Almitas Capital LLC525,6662026-03-31
Uncommon Cents Investing LLC415,9142026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
BCSF $12.94 +1.89% 8.63 $839.40M 14.51%
CGBDCarlyle Secured Lending, Inc. $10.53 +1.45% 14.82 $731.80M 0.00%
GAINIGladstone Investment Corporation $25.65 +0.20% 3.51 $646.72M 7.68%
GAM $66.33 +0.93% 3.14 $1.59B 10.50%
HQHAbrdn Healthcare Investors $21.59 -1.91% 11.73 $1.23B 11.30%

About ASA

ASA is led by CEO Alexander Gabriel Merk, employs 0 people, headquartered in US, publicly traded since 1978.

ASA stock trades at $49.96 with a market capitalization of $938.55M. The stock is valued at a price-to-earnings (P/E) ratio of 1.74, price-to-book of 1.06, price-to-sales of 7.55. Over the past 52 weeks the stock has ranged between $30.35 and $83.20, and currently trades 40.0% below its 52-week high. It pays a dividend yielding 0.12%.

On profitability, ASA generates a return on equity (ROE) of 60.36% — well above the market average, a sign of a high-quality business, return on capital employed of 61.09%, an operating margin of 454.05%, a net profit margin of 5.80%.

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