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Future Generation Global Limited (AU:FGG)
ASX:FGG
Australian Market
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Future Generation Global Limited (FGG) AI Stock Analysis

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AU

Future Generation Global Limited

(Sydney:FGG)

Rating:78Outperform
Price Target:
Future Generation Global Limited demonstrates strong financial health and attractive valuation metrics, with solid revenue growth and no debt. While technical indicators show limited momentum, the low P/E ratio and high dividend yield provide a compelling investment case.

Future Generation Global Limited (FGG) vs. iShares MSCI Australia ETF (EWA)

Future Generation Global Limited Business Overview & Revenue Model

Company DescriptionFuture Generation Global Investment Company Limited is a closed-ended equity fund of funds launched by Wilson Asset Management (International) Pty Limited. The fund is co-managed by Antipodes Partners, Avenir Capital Pty Ltd, Cooper Investors Pty Limited, Eastspring Investments (Singapore) Limited, Ellerston Capital Pty Limited, Hunter Hall Investment Management Limited, Insync Funds Management Pty Limited, IronBridge Capital Management, L.P., Magellan Asset Management Limited, Manikay Partners, Morphic Asset Management Pty Limited, Neuberger Berman Australia Pty Limited, Nikko Asset Management Australia Limited, Optimal Fund Management Pty Limited, Paradice Investment Management Pty Ltd., Tribeca Investment Partners Pty Ltd., and VGI Partners Pty Limited. It invests in funds which invest in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in other mutual funds which in turn invest in stocks of companies across all market capitalizations. The fund employs both quantitative and fundamental analysis with a combination of bottom-up and top-down stock selection approaches to create its portfolio. Future Generation Global Investment Company Limited was formed on July 10, 2015 and is domiciled in Australia.
How the Company Makes MoneyFGG makes money primarily through its investment activities. The company generates revenue by investing in a diversified portfolio of global equities, managed by a selection of prominent fund managers. The performance of these investments determines the company's financial returns. Additionally, FGG benefits from partnerships with fund managers who provide their services at reduced fees, allowing more capital to be directed towards the company's charitable initiatives. The combination of investment returns and cost-effective management strategies underpins FGG's revenue model, enabling it to fulfill its dual objectives of financial performance and social impact.

Future Generation Global Limited Financial Statement Overview

Summary
Future Generation Global Limited has shown strong financial recovery, with high revenue growth and profitability. The balance sheet is robust with no debt and high equity, and cash flow improvements indicate better liquidity management, though past volatility remains a concern.
Income Statement
85
Very Positive
Future Generation Global Limited has demonstrated a strong recovery in revenue and profitability. The gross profit margin and net profit margin are very high, indicating efficient management of expenses relative to revenue. The company has shown significant revenue growth from prior years, particularly from the negative revenue in 2022 to a positive and higher revenue in 2024. However, the absence of EBITDA in recent years limits the complete analysis of operational efficiency.
Balance Sheet
90
Very Positive
The company maintains a strong balance sheet with zero total debt, leading to an excellent debt-to-equity ratio. High stockholders' equity and a strong equity ratio indicate financial stability. The return on equity has improved substantially due to rising net income, showcasing the company's ability to generate returns for its shareholders.
Cash Flow
75
Positive
Cash flow from operations has turned positive, indicating improved liquidity management. The free cash flow has also improved substantially, although it was negative in previous years. The operating cash flow to net income ratio is positive, supporting the conversion of income into cash, but past fluctuations in cash flow generation pose a risk.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue147.45M85.15M-121.29M74.69M33.85M
Gross Profit147.45M85.11M-121.29M74.69M33.85M
EBITDA0.0027.00K0.0067.83M82.96M
Net Income97.65M55.70M-89.13M47.66M19.78M
Balance Sheet
Total Assets674.47M572.30M522.46M690.20M643.60M
Cash, Cash Equivalents and Short-Term Investments668.24M568.65M518.56M33.80M56.30M
Total Debt0.000.000.000.000.00
Total Liabilities57.27M25.96M5.98M60.98M51.27M
Stockholders Equity617.20M546.35M516.48M629.22M592.33M
Cash Flow
Free Cash Flow22.44M-5.93M-89.13M-11.77M-13.32M
Operating Cash Flow22.44M-5.93M-89.13M-11.77M-13.32M
Investing Cash Flow0.000.00125.13M0.0025.67M
Financing Cash Flow-26.80M-25.84M-23.61M-10.76M-7.19M

Future Generation Global Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.52
Price Trends
50DMA
1.45
Positive
100DMA
1.42
Positive
200DMA
1.39
Positive
Market Momentum
MACD
0.03
Negative
RSI
63.74
Neutral
STOCH
90.91
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FGG, the sentiment is Positive. The current price of 1.52 is above the 20-day moving average (MA) of 1.50, above the 50-day MA of 1.45, and above the 200-day MA of 1.39, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 63.74 is Neutral, neither overbought nor oversold. The STOCH value of 90.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FGG.

Future Generation Global Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUFGG
78
Outperform
6.2816.79%4.87%73.16%74.41%
AUFGX
77
Outperform
10.608.94%5.71%6.12%4.26%
AUBKI
72
Outperform
23.684.40%6.56%-4.33%-13.07%
AUWAX
71
Outperform
5.5219.97%8.40%103.77%85.88%
AUGDC
60
Neutral
$110.11M<0.0159.80%65282.17%-81.63%
57
Neutral
$5.91B21.40-28.61%4.91%10.78%-34.04%
AUWAG
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:FGG
Future Generation Global Limited
1.52
0.26
20.63%
AU:GDC
Global Data Centre Group
1.42
0.12
9.23%
AU:BKI
BKI Investment Co. Ltd.
1.79
0.15
9.15%
AU:FGX
Future Generation Australia Limited Stapled Security
1.22
0.04
3.39%
AU:WAG
Australian Wealth Advisors Group Ltd.
0.37
0.06
19.35%
AU:WAX
WAM Research Ltd.
1.19
0.19
19.00%

Future Generation Global Limited Corporate Events

Future Generation Global Limited Announces 2025 AGM Details
Apr 17, 2025

Future Generation Global Limited has announced its 2025 Annual General Meeting, which is scheduled to take place on May 21, 2025, at the Museum of Sydney. The meeting will cover the review of financial statements, the adoption of the Remuneration Report, and the election and re-election of directors, including Adelaide McDonald and Geoff R Wilson. These resolutions are part of the company’s standard governance procedures, which aim to ensure transparency and shareholder engagement in the company’s operations.

Future Generation Global Navigates Market Volatility with Active Management
Apr 14, 2025

Future Generation Global Limited reported a decrease in its investment portfolio performance for March, with the Global portfolio down by 3.5% and the Australian portfolio by 3.9%, both outperforming their respective indices. Despite market volatility due to recent tariff announcements, the company’s active management approach has allowed it to navigate uncertainty and capitalize on market dislocations, focusing on high-quality stocks. The company continues to emphasize its commitment to long-term shareholder value and social investment, with a history of outperforming market indices since inception.

Future Generation Global Limited Increases Stake in Morphic Ethical Equities Fund
Apr 4, 2025

Future Generation Global Limited has increased its voting power in Morphic Ethical Equities Fund Limited, a company listed on the Australian Securities Exchange under the ticker MEC. The change in substantial holding was reported with an increase in voting power from 14.26% to 15.36%, indicating a strategic move to strengthen its influence within the company.

Future Generation Global Emphasizes Caution in FY2024 Results Presentation
Mar 18, 2025

Future Generation Global Limited has released a presentation for its FY2024 results, emphasizing the importance of consulting financial advisors before making investment decisions. The company highlights its commitment to transparency and cautions that the information provided is not a recommendation to invest, reflecting its careful approach to investor relations and market positioning.

Future Generation Global Limited Reports Strong Annual Performance Despite February Decline
Mar 14, 2025

Future Generation Global Limited reported a decrease in its investment portfolio performance for February 2025, with Future Generation Australia and Future Generation Global portfolios declining by 3.5% and 0.5% respectively. Despite this, both portfolios have shown strong performance over the past year, with significant total shareholder returns and increased dividend yields. The company has added three new fund managers to its portfolio, which is expected to enhance returns amid market volatility. The recent market dynamics, including a shift away from momentum and growth stocks, present opportunities for active fund managers, potentially benefiting Future Generation’s investment strategy.

Future Generation Global Announces FY2024 Results Q&A Webinar
Mar 11, 2025

Future Generation Global Limited has announced a Q&A webinar for its FY2024 results, scheduled for March 14, 2025. The event will feature key figures from the company and its partners, providing an opportunity for shareholders to engage directly with the leadership team and gain insights into the company’s performance and strategic direction.

Future Generation Global Limited Increases Stake in Morphic Ethical Equities Fund
Mar 3, 2025

Future Generation Global Limited has increased its voting power in Morphic Ethical Equities Fund Limited from 12.76% to 14.26% due to an on-market buy-back. This change in voting power could strengthen Future Generation Global Limited’s influence in Morphic Ethical Equities Fund Limited, potentially impacting strategic decisions and stakeholder interests.

Future Generation Global Announces Dividend Distribution
Feb 27, 2025

Future Generation Global Limited has announced a new dividend distribution of AUD 0.037 per share for its fully paid ordinary shares. This distribution relates to the six-month period ending December 31, 2024, with key dates including an ex-date of May 12, 2025, a record date of May 13, 2025, and a payment date of May 23, 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and may enhance its attractiveness to investors seeking income-generating investments.

Future Generation Global Limited Upholds Governance Standards
Feb 27, 2025

Future Generation Global Limited has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s recommendations, ensuring transparency and accountability in its operations, which is crucial for maintaining stakeholder trust and industry credibility.

Future Generation Global Limited Increases Stake in Morphic Ethical Equities Fund
Feb 5, 2025

Future Generation Global Limited, a stakeholder in Morphic Ethical Equities Fund Limited, has announced a change in its substantial holding. The company’s voting power increased from 11.68% to 12.76% as of February 3, 2025, due to an on-market buy-back. This increase in voting power signifies a strengthening of Future Generation Global Limited’s position within Morphic Ethical Equities Fund Limited, potentially impacting the company’s influence and decision-making capabilities within the fund.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 29, 2025