Generation Development Group Limited manages and markets life insurance and life investment products and services to the retail sector in Australia.
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Generation Development Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GDG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GDG exceeded the Australian Insurance industry which returned -19.2% over the past year.
Return vs Market: GDG exceeded the Australian Market which returned -6.9% over the past year.
Price Volatility Vs. Market
How volatile is Generation Development Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhat Is Generation Development Group Limited's (ASX:GDG) Share Price Doing?
1 month ago | Simply Wall StGeneration Development Group Limited (ASX:GDG) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
1 month ago | Simply Wall StHow Does Generation Development Group's (ASX:GDG) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is Generation Development Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GDG (A$0.62) is trading above our estimate of fair value (A$0.24)
Significantly Below Fair Value: GDG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GDG is poor value based on its PE Ratio (24.1x) compared to the Insurance industry average (17.7x).
PE vs Market: GDG is poor value based on its PE Ratio (24.1x) compared to the Australian market (15.7x).
Price to Earnings Growth Ratio
PEG Ratio: GDG is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: GDG is overvalued based on its PB Ratio (4.2x) compared to the AU Insurance industry average (2.5x).
How is Generation Development Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GDG's forecast earnings growth (33.3% per year) is above the savings rate (2.3%).
Earnings vs Market: GDG's earnings (33.3% per year) are forecast to grow faster than the Australian market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GDG's revenue is expected to decline over the next 3 years (-57.5% per year).
High Growth Revenue: GDG's revenue is forecast to decline over the next 3 years (-57.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GDG's Return on Equity is forecast to be high in 3 years time
How has Generation Development Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GDG has high quality earnings.
Growing Profit Margin: GDG's current net profit margins (2%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: GDG's earnings have grown significantly by 47.2% per year over the past 5 years.
Accelerating Growth: GDG's earnings growth over the past year (0.3%) is below its 5-year average (47.2% per year).
Earnings vs Industry: GDG earnings growth over the past year (0.3%) underperformed the Insurance industry 8.2%.
Return on Equity
High ROE: GDG's Return on Equity (17.5%) is considered low.
How is Generation Development Group's financial position?
Financial Position Analysis
Short Term Liabilities: GDG's short term assets (A$24.0M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: GDG's short term assets (A$24.0M) do not cover its long term liabilities (A$1.3B).
Debt to Equity History and Analysis
Debt Level: GDG is debt free.
Reducing Debt: GDG has not had any debt for past 5 years.
Debt Coverage: GDG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GDG has no debt, therefore coverage of interest payments is not a concern.
What is Generation Development Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GDG's dividend (3.23%) is higher than the bottom 25% of dividend payers in the Australian market (2.52%).
High Dividend: GDG's dividend (3.23%) is low compared to the top 25% of dividend payers in the Australian market (6.55%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GDG has been paying a dividend for less than 10 years.
Growing Dividend: GDG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.7%), GDG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GDG's dividends in 3 years are forecast to be covered by earnings (58% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Generation Development Group has no CEO, or we have no data on them.
|Executive Chairman||2.92yrs||AU$84.18k||6.05% A$4.7m|
|Chief Financial Officer||2.25yrs||AU$340.22k||no data|
|CEO & MD of Generation Life||0.33yr||AU$558.50k||0.40% A$310.0k|
|Head of Legal & Compliance||no data||no data||no data|
|Head of Equity Capital Markets Division||no data||no data||no data|
|Head of Sydney & Director of Corporate Finance||no data||no data||no data|
|Group Financial Controller||no data||no data||no data|
|Head of National Key Accounts - Generation Life||2.67yrs||no data||no data|
Experienced Management: GDG's management team is considered experienced (2.3 years average tenure).
|Executive Chairman||2.92yrs||AU$84.18k||6.05% A$4.7m|
|Non-Executive Director||8.33yrs||no data||10.08% A$7.9m|
|Non-Executive Director||8.08yrs||no data||7.15% A$5.6m|
|Non-Executive Director||3.25yrs||no data||5.97% A$4.6m|
|Independent Non-Executive Chairman of Generation Life||2.58yrs||no data||no data|
Experienced Board: GDG's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Generation Development Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Generation Development Group Limited
- Ticker: GDG
- Exchange: ASX
- Founded: 1991
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: AU$77.900m
- Shares outstanding: 125.64m
- Website: https://gendevelopmentgroup.com.au
Number of Employees
- Generation Development Group Limited
- 15 William Street
- Level 12
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GDG||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2007|
|GDG||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2007|
|GDG||ASX (Australian Securities Exchange)||NPV||AU||AUD||Mar 2018|
Generation Development Group Limited manages and markets life insurance and life investment products and services to the retail sector in Australia. It offers investment bond product solutions; and administration services, including unit pricing, fund valuation, investment and fund accounting, fund administration, and business registry. The company was formerly known as Austock Group Limited and changed its name to Generation Development Group Limited in March 2018. Generation Development Group Limited was founded in 1991 and is based in Melbourne, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 10:39|
|End of Day Share Price||2020/06/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.