Future Generation Global Limited (FGG) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 4.87%
• Average Volume (3M): 314.49K
• Price to Earnings (P/E): 6.3
• Beta (1Y): 0.53
• Revenue Growth: 73.16%
• EPS Growth: 74.41%
• Country: AU
• Employees: N/A
• Sector: General
• Sector Strength: N/A
• Industry: Asset Management - Global
• EPS (TTM): 0.13
• Shares Outstanding: 400,242,520
• 10 Day Avg. Volume: 336,357
• 30 Day Avg. Volume: 314,487
• PEG Ratio: 0.02
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• 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 Business Overview & Revenue Model

Company Description

Future 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 Money

FGG 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

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

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

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.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	147.45M	85.15M	-121.29M	74.69M	33.85M
Gross Profit	147.45M	85.11M	-121.29M	74.69M	33.85M
EBITDA	0.00	27.00K	0.00	67.83M	82.96M
Net Income	97.65M	55.70M	-89.13M	47.66M	19.78M
Balance Sheet
Total Assets	674.47M	572.30M	522.46M	690.20M	643.60M
Cash, Cash Equivalents and Short-Term Investments	668.24M	568.65M	518.56M	33.80M	56.30M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	57.27M	25.96M	5.98M	60.98M	51.27M
Stockholders Equity	617.20M	546.35M	516.48M	629.22M	592.33M
Cash Flow
Free Cash Flow	22.44M	-5.93M	-89.13M	-11.77M	-13.32M
Operating Cash Flow	22.44M	-5.93M	-89.13M	-11.77M	-13.32M
Investing Cash Flow	0.00	0.00	125.13M	0.00	25.67M
Financing Cash Flow	-26.80M	-25.84M	-23.61M	-10.76M	-7.19M

Future Generation Global Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FGG	78 Outperform		6.28	16.79%	4.87%	73.16%	74.41%
FGX	77 Outperform		10.60	8.94%	5.71%	6.12%	4.26%
BKI	72 Outperform		23.40	4.40%	6.56%	-4.33%	-13.07%
WAX	71 Outperform		5.52	19.97%	8.40%	103.77%	85.88%
GDC	60 Neutral	$110.11M	<0.01	59.80%	65282.17%	-81.63%	―
Sector *	57 Neutral	$5.91B	21.40	-28.61%	4.91%	10.78%	-34.04%
WAG	―		―		―	―	―

Future Generation Global Limited Corporate Events

Future Generation Global Limited Announces 2025 AGM Details

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

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

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

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

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

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

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

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

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

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.