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Future Generation Global Limited (FGG) AI Stock Analysis
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Future Generation Global Limited
(ASX:FGG)
The score is primarily supported by a very strong, low-risk balance sheet (no debt) but held back by uneven financial performance and historically inconsistent cash flows. Technical signals are mixed/neutral, and valuation is only fair given the variability and lack of dividend yield.
Future Generation Global Limited (FGG) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 655.45M
- Dividend Yield
- 0.00%
- Average Volume (3M)
- 236.38K
- Price to Earnings (P/E)
- 22.4
- Beta (1Y)
- 0.55
- Revenue Growth
- -61.20%
- EPS Growth
- -63.78%
- Country
- Australia
- Employees
- ―
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management - Global
Future Generation Global Limited Business Overview & Revenue Model
Company Description
Future Generation Global Investment Company Limited (FGG.AX) operates as a distinctive closed-ended investment company, originally established by Wilson Asset Management (International) Pty Limited. It functions as a 'fund of funds', primarily focusi...
Future Generation Global Limited Financial Statement Overview
Summary
Balance sheet strength is a major positive (zero debt and solid equity base; Balance Sheet Score 88). However, operating performance and cash generation have been volatile, with a sharp revenue drop in 2025 vs 2024 and a major loss year in 2022 (Income Statement Score 62), alongside historically inconsistent operating/free cash flow despite strong 2025 improvement (Cash Flow Score 56).
Income Statement
62PositiveBalance Sheet
88Very PositiveCash Flow
56Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 48.22M | 75.80M | 147.45M | 85.15M | -121.29M | 75.13M |
| Gross Profit | 48.22M | 75.80M | 147.45M | 85.11M | -121.29M | 75.13M |
| EBITDA | 40.43M | 67.88M | 140.41M | 84.62M | -5.17M | 67.83M |
| Net Income | 29.21M | 48.00M | 97.65M | 55.70M | -89.13M | 47.66M |
Balance Sheet | ||||||
| Total Assets | 662.02M | 701.58M | 674.47M | 572.30M | 522.46M | 690.20M |
| Cash, Cash Equivalents and Short-Term Investments | 637.30M | 697.45M | 668.24M | 568.65M | 518.56M | 33.80M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 42.26M | 64.21M | 57.27M | 25.96M | 5.98M | 60.98M |
| Stockholders Equity | 619.76M | 637.37M | 617.20M | 546.35M | 516.48M | 629.22M |
Cash Flow | ||||||
| Free Cash Flow | 42.78M | 93.42M | 22.44M | -5.93M | -89.13M | -11.77M |
| Operating Cash Flow | 42.78M | 93.42M | 22.44M | -5.93M | -89.13M | -11.77M |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 125.13M | 0 |
| Financing Cash Flow | -41.07M | -27.83M | -26.80M | -25.84M | -23.61M | -10.76M |
Future Generation Global Limited Technical Analysis
Price Trends
Market Momentum
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 1.63 is above the 20-day moving average (MA) of 1.62, above the 50-day MA of 1.62, and above the 200-day MA of 1.60, indicating a bullish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 53.56 is Neutral, neither overbought nor oversold. The STOCH value of 75.22 is Neutral, 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
AU:ARG77Outperform
AU:L1G69Neutral
AU:MFF67Neutral
AU:MFG63Neutral
AU:PPT63Neutral- AU:FGG61Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:ARG | 77Outperform | AUD 7.00B | 27.35 | 3.80% | 4.14% | 2.17% | 0.68% |
| AU:L1G | 69Neutral | AUD 2.95B | 18.56 | 49.77% | 2.59% | 586.06% | 463.96% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| AU:MFF | 67Neutral | AUD 3.12B | 18.98 | 6.21% | 4.11% | 44.63% | -63.30% |
| AU:MFG | 63Neutral | AUD 2.27B | 15.58 | 8.75% | 8.34% | -17.31% | -45.44% |
| AU:PPT | 63Neutral | AUD 2.00B | 21.87 | 5.64% | 7.06% | -16.00% | ― |
| AU:FGG | 61Neutral | AUD 655.45M | 22.39 | 4.65% | 0.00% | -61.20% | -63.78% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:FGG | Future Generation Global Limited | 1.63 | 0.10 | 6.54% | |
| AU:MFG | Magellan Financial Group Ltd | 7.79 | -1.25 | -13.78% | |
| AU:PPT | Perpetual Limited | 17.28 | -0.55 | -3.10% | |
| AU:L1G | Platinum Asset Management Ltd | 1.16 | 0.09 | 8.51% | |
| AU:ARG | Argo Investments Limited | 9.30 | 0.53 | 5.98% | |
| AU:MFF | MFF Capital Investments Ltd. | 5.23 | 0.67 | 14.77% |
Future Generation Global Limited Corporate Events
Future Generation Global director Jennifer Westacott initiates shareholding with on‑market purchase
Future Generation Global Limited has disclosed a change in director Jennifer Westacott’s relevant interests in its securities. Westacott has acquired 3,105.5901 ordinary shares in the company via an on‑market purchase executed through a B...
Future Generation Global Plans National Roadshow of Shareholder Presentations
Future Generation Global Limited, alongside Wilson Asset Management, operates in Australia’s listed investment company and funds management sector, offering diversified portfolios managed by specialist investment teams. The group targets a broa...
Future Generation Global Lifts Portfolio Returns and Declares Interim Dividend
Future Generation Global reported that its investment portfolio rose 0.8% in August, modestly outperforming the MSCI AC World Index (AUD), and has delivered 9.4% per annum since inception with lower volatility than the benchmark. The portfolio remain...
Future Generation Global lifts dividend as shareholder returns stay strong despite benchmark lag
Future Generation Global reported a 22.7% total shareholder return for the 12 months to 30 June 2026, including franking credits, underscoring the strength of its diversified global equities portfolio and income focus. The board increased the fully f...
Future Generation Global Profit Slumps but Lifts Interim Dividend
Future Generation Global Limited reported a sharp contraction in performance for the half year to 30 June 2026, with revenue from ordinary activities falling 64.3% to $15.3 million and net profit after tax dropping 68.6% to $8.6 million compared with...
Future Generation Global Outperforms Index and Lifts Interim Dividend
Future Generation Global’s investment portfolio fell 1.0% in July 2026 but still outperformed the MSCI AC World Index (AUD) by 0.5%, with net tangible assets before tax at 160.46 cents per share and a 12-month portfolio return of 13.0%. Since i...
Future Generation Global Showcases HY 2026 Interim Results in Investor Webinar
Future Generation Global Limited hosted an interim results Q&A webinar for its HY 2026 period, featuring founder and director Geoff Wilson, chief investment officer Lee Hopperton and Ellerston Capital portfolio manager Nick Markiewicz. The sessio...
Future Generation Global Plans HY2026 Results Q&A Webinar
Future Generation Global has scheduled a HY2026 interim results Q&A webinar for Friday 31 July 2026 at 2:00pm Sydney time, inviting investors and stakeholders to register and participate. The session will feature founder and director Geoff Wilson...
Future Generation Global Boosts Fully Franked Dividends on Diversified Portfolio Performance
Future Generation Global reported that its investment portfolio rose 2.6% in June 2026, trailing the MSCI AC World Index (AUD) gain of 3.2%, but has delivered 14.0% per annum over the past three years and 9.6% per annum since inception with lower vol...
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: Oct 11, 2026