NYSE · Asset Management · USD

The New Germany Fund, Inc. (GF) Stock Analysis

The New Germany Fund, Inc. (GF) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

$10.45

+$0.02 (+0.14%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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GF Key Statistics

As of Oct 21, 2026

Trading

Open: $10.41
Previous Close: $10.43
Day's Range: 10.42–10.47
52-Week Range: 9.98–12.49
Volume: 5.44K
Beta: 1.00

Valuation

Market Cap: $170.33M
P/E Ratio: unprofitable
P/S ratio: 48.24
EPS (ttm): −0.47

Financials (FY)

Revenue (FY): $56.77M
Net Income (FY): $55.54M
Profit margin: −214.44%
Shares Outstanding: 16.31M
1-Year Return: −4.51%

Dividend and dates

Dividend: $0.28+2.72%
Ex-Dividend Date: May 26, 2026
Avg Volume: 24.91K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, GF closed at $10.45, −4.51% over 1 year.

The New Germany Fund, Inc. (GF) has a market capitalization of $170.33M.

In fiscal 2025, GF reported revenue of $56.77M.

GF Stock Return by Calendar Year

The New Germany Fund, Inc. (GF) 10-year return: what $10,000 became

1 year: $10,000 $9,549; −4.51%
5 years: $10,000 $7,921; −20.79%
10 years: $10,000 $18,222; +82.22%

If you had invested $10,000 in The New Germany Fund, Inc. (GF) 10 years ago, at the close on October 21, 2016, it would have been worth $18,222 at the close on October 21, 2026: +82.22% in total, +6.18% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+54.50%−42.22%−7.33%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−7.33%
2025	+48.34%
2024	−9.96%
2023	+11.67%
2022	−42.22%
2021	+7.82%
2020	+24.61%
2019	+38.76%
2018	−21.55%
2017	+54.50%
2016 (partial year)	−0.06%

As of October 21, 2026.

GF Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$56.77M	$55.54M	97.8%
2024	−$19.10M	−$20.21M	105.8%
2023	$25.25M	$24.03M	95.2%
2022	−$105.03M	−$106.36M	101.3%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$56.77M	—	—	$55.54M	97.8%
2024	−$19.10M	—	—	−$20.21M	105.8%
2023	$25.25M	—	—	$24.03M	95.2%
2022	−$105.03M	—	—	−$106.36M	101.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

GF Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.15+106.9% vs 2024

Dividends per share, 2025 · 2 payments

Year	Dividends per share	Payments	Change
2026*	$0.15	1	—
2025	$0.15	2	+106.9%
2024	$0.07	2	+1.4%
2023	$0.07	2	−90.8%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.15	1	—
2025	$0.15	2	+106.9%
2024	$0.07	2	+1.4%
2023	$0.07	2	−90.8%
2022	$0.77	2	−86.8%
2021	$5.83	2	+1,610.9%
2020	$0.34	1	−34.0%
2019	$0.52	2	−85.9%
2018	$3.65	2	+391.8%
2017	$0.74	1	−6.7%
2016	$0.80	1	—

Most recent payment: $0.15 per share, ex-dividend May 26, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

GF Valuation vs Asset Management Median

Median of 512 stocks

Metric	GF	Asset Management median	vs median
P/S ratio	48.24	8.59	5.6x the median
Profit margin	−214.44%	74.97%	289.4 pts below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values The New Germany Fund, Inc. (GF) at $170.33M. The company sits in the Financial Services sector, in the Asset Management industry.

The 52-week range on file runs from $9.98 to $12.49. The most recent close on file for GF is $10.45, dated October 21, 2026. That is +$0.02 (+0.14%) against the previous close. The latest close sits 4.66% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $56.77M. The same year closed with net income of $55.54M. The reported profit margin is −214.44%. That is 289.4 percentage points below the Asset Management median of 74.97%. Earnings per share on a trailing basis come to −0.47.

Across the 4 fiscal years on file, revenue moves from −$105.03M in 2022 to $56.77M in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The price-to-sales ratio is 48.24. On price-to-sales that is 5.6 times the Asset Management median of 8.59. The medians here are taken across 512 Asset Management companies that report the metric.

The trailing one-year total return is −4.51%. Measured over 10 years, that is +6.18% a year compounded. The reported beta is 1. Daily returns over the trailing 10 years annualize to a volatility of 20.97%.

Growth & Income

Shareholders receive a dividend, yielding 2.72% on the latest price. That is 6.2 percentage points below the Asset Management median yield of 8.91%. At the indicated rate that is $0.28 a share a year. The ex-dividend date on file is May 26, 2026. Dividends are recorded for 11 calendar years; 2026 shows 1 payments totalling $0.15 a share. The year before, 2025, totalled $0.15 a share.

So far in 2026 the total return is −7.33%. The strongest complete calendar year on file is 2017 at +54.50%; the weakest is 2022 at −42.22%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

The New Germany Fund, Inc. (GF) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
The New Germany Fund, Inc.	GF	$170.33M	—
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. The New Germany Fund, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About The New Germany Fund, Inc.

The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid cap companies. The fund benchmarks the performance of its portfolio against the Midcap Market Performance Index. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany.

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