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Generation Development Group Ltd (GDG) fair value: what the stock is really worth

As of Nov 9, 2026: fair value (intrinsic value) of Generation Development Group Ltd stock A$0.88, price A$3.16, that is 72.3% below the price, quality 26 out of 100. Rating: strongly overvalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.

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Financial Services AU · ISIN AU0000005126

GD Generation Development Group Ltd logo Broad data Nov 5, 2026

Generation Development Group Ltd

GDG · AU
Very expensive, weak quality

Our calculation puts a fair price 72% below what the stock costs today.

0.6% dividend yield · Low payout
Broad data
Revenue last quarter +17% vs. a year ago.
Mixed Growth (revenue 5y +60.9 %/yr in AUD)
Thin margins · 5.5% net margin (TTM)
Moderate moat 51/100 · thin data
Fair value A$0.8755 · Strongly overvalued
Quality 26/100
Trails peers (5/13)
⚠ Dilution
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

A$7.58 A$0.9433 Fair Value A$0.8755 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.

How to read this chart

60‑month range A$0.9433 – A$7.58 · fair‑value band A$0.5525 – A$1.10 · the A$3.16 price screens above the A$0.8755 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.

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Company profile

Generation Development Group Limited engages in the diversified financial service business in Australia. The company operates through Benefit Funds Management and Funds Administration; Investment solutions, Research and Ratings; and Managed Account Businesses segments.

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It provides management and administration services to institutional clients; and connects financial advisers, fund managers, and super funds with the tools, data, and insights.

The company also offers investment-linked and life insurance products comprising tax-effective investment solutions for individuals, advisers, and institutions, as well as investment research, ratings, and portfolio services.

In addition, it provides funds management services, including the management and distribution of investment products; and investment management and tailored managed account solutions.

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.

Stock analysis

Generation Development Group Ltd (GDG) currently trades at A$3.16, while our model-based Fair Value estimate is A$0.8755, 72% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Earnings-Based group reads highest at a median of A$3.26 per share, and 1 of the 12 models we run sit above the A$3.16 price.

Bear case: the Growth DCF group reads lowest at A$0.3400, and 11 of the 12 models stay below the price. Data coverage for this calculation is high.

Scenario range: A$0.5525 (bear) to A$1.10 (bull), the price of A$3.16 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 26/100 (below-average quality), in the Financial Services sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

Generation Development Group Ltd reported revenue of A$364M in FY2026 versus A$92.8M in FY2022, a compound +40.7%/yr. Reported net income was A$31.9M in FY2026, compounding +102.4%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.

Key figures

Market cap A$1.3B (≈ $883M) Small · P/E ratio 39.5 · P/S ratio 2.16 · EPS (TTM) A$0.0800 · Dividend yield 0.6% · Net margin 5.5% · Return on equity 4.5% · Return on assets (EBIT) 3.8% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).

What moves the price

The share trades about 52% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at −72%, GDG screens richer than that median.

Fair Value models

Bear A$0.5525 Fair Value A$0.8755 Bull A$1.10
Price A$3.16 · Downside -72.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (A$0.0217 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income A$1.33 A$1.30 A$1.35 74
Growth DCF A$0.1900 A$0.3300 A$0.5500 73
Owner Earnings A$0.6700 A$1.42 A$2.92 68
All 12 models by family
DCF Models
Owner Earnings A$0.6700 A$1.42 A$2.92 68
5Y P/E Exit A$0.6500 A$1.56 A$2.81 64
10Y P/E Exit A$0.5200 A$1.34 A$2.74 56
Earnings-Based
Graham-Dodd A$0.5400 A$3.75 A$5.27 61
Lynch FV A$1.94 A$2.77 A$3.60 59
Dividend Discount
Gordon GGM A$0.0200 A$0.0400 A$0.0500 66
DDM Multi-Stage A$0.0200 A$0.0300 A$0.0400 64
Multiples
P/E Multiple A$0.7700 A$1.03 A$1.29 63
Asset-Based
NCAV (Graham) A$1.06 A$1.61 A$2.02 54
Growth DCF
Growth DCF A$0.1900 A$0.3300 A$0.5500 73
Rev-Margin DCF A$0.2100 A$0.3500 A$0.6400 66
Economic Profit
Residual Income A$1.33 A$1.30 A$1.35 74

The fair value above starts from this blend and is adjusted for dilution from new shares.

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Quality Score breakdown

Overall quality 26/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 20
How much profit the company makes from its sales and capital
Quality Growth 33
Are margins and returns getting better?
Cashflow 61
Do the profits arrive as real cash?
Financial strength 9
Debt, balance sheet and risk of trouble
Investment 33
Does it invest with discipline instead of growing at any price?
Low Volatility 49
How calm the share price moves, does not count
Price momentum 15
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 7
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+87.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+60.9%
Start year 2020 (pandemic). Over 10 years: +56.4% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.4%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ −8.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−8.7%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.43.5% vs 23.7%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−85% → 71%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Rate on operating basis: 2026 sits 165% above its own trend.

GDG screens overvalued: fair value 72% below the price. Compare with Blackstone Inc →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 587 stocks

Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score 26 · Bottom 25%
Fair Value upside −72.3% · Bottom 25%
Profitability
Return on equity (12 months) 4.5% · Below median
Return on assets 4.2% · Above median
Net margin (12 months) 51.6% · Above median
Operating margin (12 months) 49.6% · Above median
Growth and dividend
Revenue growth (quarter YoY) 16.6% · Above median
Dividend yield (12 months) 0.6% · Bottom 25%
Balance sheet
Debt / equity 0.06× · Below median

Valuation Multiplesvs Asset Management median · lower = cheaper

P/E (12 months) 39.5× · Priciest 25%
P/B 1.75× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months) 20.69× · Priciest 25%
Price / free cash flow (fiscal year) 317.5× · Priciest 25%
EV/EBITDA 71.6× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 60
FUTURE (revenue growth)83 · sector 38
PAST (return on equity)18 · sector 29
HEALTH (low debt)–
DIVIDEND (yield)13 · sector 80

VALUE 0: the price sits above our fair-value range.

HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Exor N.V EXO €73.35 €139.37 +90% vs GDG
Raymond James Financial, Inc RJF $162.81 $281.42 +73% vs GDG
Apollo Global Management, Inc APO $116.75 $197.52 +69% vs GDG
Ameriprise Financial, Inc AMP $501.49 $609.56 +22% vs GDG
State Street Corporation STT $165.56 $139.37 −16% vs GDG
Ares Management Corporation ARES $133.98 $99.35 −26% vs GDG
Northern Trust Corporation NTRS $172.76 $123.42 −29% vs GDG
Brookfield Asset Management Ltd BAM $52.95 $31.26 −41% vs GDG
Blackstone Inc BX $119.50 $52.29 −56% vs GDG
KKR & Co KKR $96.48 $27.32 −72% vs GDG

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Cite: Fair Value Calculator (2026). "Generation Development Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/GDG

Frequently asked questions

Is Generation Development Group Ltd (GDG) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of A$0.8755 versus a price of A$3.16, about 72% lower (overvalued).
What is the fair value of GDG?
Our model-based fair value for Generation Development Group Ltd is A$0.8755 (as of Nov 5, 2026), built from audited fundamentals. The current price: A$3.16.
What is the quality score of GDG?
Generation Development Group Ltd has a Quality Score of 26/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Generation Development Group Ltd (GDG)?
Our model-based price target is the fair value of A$0.8755 (as of Nov 5, 2026) from 12 valuation models. Cautious scenario A$0.5525, optimistic scenario A$1.10. It is a calculation from audited fundamentals, not an analyst target.
What is the Generation Development Group Ltd stock forecast for 2026?
Our models put fair value at A$0.8755, about 72% lower versus a price of A$3.16 (overvalued). Cautious scenario A$0.5525, optimistic scenario A$1.10. The calculation is refreshed regularly with new filings.
What is the revenue of Generation Development Group Ltd (GDG)?
Generation Development Group Ltd reported trailing-twelve-month revenue of about A$584M (latest available figure, as of Nov 5, 2026).
Does Generation Development Group Ltd pay a dividend?
Generation Development Group Ltd currently shows a dividend yield of 0.63% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Generation Development Group Ltd (GDG) and when is the ex-dividend date?
Generation Development Group Ltd pays a dividend of A$0.02 per share a year, a dividend yield of 0.6%. The last ex-dividend date was Sep 4, 2026. A dividend has been paid every year since 2013. The payout ratio is 25.0% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Generation Development Group Ltd (GDG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Generation Development Group Ltd it is A$0.8755 per share (as of Nov 5, 2026), against a price of A$3.16. It is the blended result of 12 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Generation Development Group Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, GDG trades above its calculated fair value: price A$3.16, fair value A$0.8755, a gap of about −72% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GDG?
No. The price is what the market pays today (A$3.16); the fair value is what the company's own numbers justify (A$0.8755). For Generation Development Group Ltd the two are A$2.28 per share apart. That gap is exactly why we show both numbers side by side.
How much is Generation Development Group Ltd worth?
The market values Generation Development Group Ltd at about A$1.3B (market capitalisation, as of Nov 5, 2026). Per share that is A$3.16; our models calculate a fair value of A$0.8755 per share.
What do the bullish and bearish scenarios say about GDG?
Our models span a range for Generation Development Group Ltd: cautious scenario A$0.5525, base A$0.8755, optimistic A$1.10 per share (as of Nov 5, 2026, price A$3.16). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GDG?
Generation Development Group Ltd trades at a price-to-earnings ratio of 39.5 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$0.8755 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2026), reported earnings: 55.5. Other multiples: P/B 1.8, P/S 20.7, EV/EBITDA 71.6.
How solid is the balance sheet of Generation Development Group Ltd (GDG)?
Balance-sheet figures for Generation Development Group Ltd (as of Nov 5, 2026): return on equity 4.5%, debt of 0.06 per unit of equity. They feed the Quality Score of 26/100, which measures business quality independently of the share price.
How far is GDG from its 52-week high?
Generation Development Group Ltd trades at A$3.16, about 52% below its 52-week high of A$6.61 and 22% above the low of A$2.60 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.8755 is for.
Which stocks are comparable to Generation Development Group Ltd?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, KKR & Co, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Generation Development Group Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price A$3.16, calculated fair value A$0.8755 (−72%), Quality Score 26/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GDG calculated?
We run Generation Development Group Ltd through 12 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of A$0.8755 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Generation Development Group Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Generation Development Group Ltd (GDG)?
The closing price on Nov 9, 2026 was A$3.16. Our model-based fair value is A$0.8755, about 72% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Generation Development Group Ltd right now?
The price sits above even our optimistic bull case (A$1.10). The favourable scenario is already priced in. Weak quality (26/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (A$0.5525 to A$1.10) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Key figures of Generation Development Group Ltd

How large is the market capitalisation of Generation Development Group Ltd (GDG)?
The market capitalisation of Generation Development Group Ltd is A$1.3B (≈ $883M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Generation Development Group Ltd (GDG)?
The price-to-sales ratio of Generation Development Group Ltd is 2.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Generation Development Group Ltd (GDG)?
Earnings per share at Generation Development Group Ltd are A$0.0800 (price ÷ EPS = P/E 39.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Generation Development Group Ltd (GDG)?
The dividend yield of Generation Development Group Ltd is 0.6% (payout 25.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Generation Development Group Ltd (GDG)?
The net margin of Generation Development Group Ltd is 5.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Generation Development Group Ltd (GDG)?
The return on equity (ROE) of Generation Development Group Ltd is 4.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Generation Development Group Ltd (GDG)?
On an EBIT basis the return on assets of Generation Development Group Ltd is 3.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Generation Development Group Ltd (GDG)?
The operating margin of Generation Development Group Ltd is 49.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Generation Development Group Ltd (GDG)?
Revenue at Generation Development Group Ltd is growing +16.6% versus a year earlier (3y avg +83.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Generation Development Group Ltd (GDG)?
Earnings per share at Generation Development Group Ltd are growing −93.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Generation Development Group Ltd (GDG) generate?
The free cash flow of Generation Development Group Ltd is A$38.0M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Generation Development Group Ltd (GDG) hold?
Generation Development Group Ltd holds more cash than debt, A$145M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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