Generation Development Group Limited engages in the diversified financial service business in Australia. The company operates through Benefit Funds Management and Funds Administration (Generation Life), Research and Ratings (Lonsec), and Managed Account Businesses (Evidentia) segments. It offers investment-linked savings and retirement income solutions; and investment bond products, funeral bond products, and investment-linked lifetime annuities, as well as investment research, ratings, governance, and portfolio services, which connect financial advisers, fund managers, and super funds with tools, data, and insights. The company also provides outsourced investment management, portfolio construction, 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.
Research context
Generation Development Group Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Financial Services
- Industry
- Asset Management
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5 years, 6 months ago
Generation Development Group Limited is currently in a long term uptrend where the price is trading 15.2% above its 200 day moving average.
From a valuation standpoint, the stock is 95.1% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.6.
Generation Development Group Limited's total revenue rose by 149.9% to $120M since the same quarter in the previous year.
Its net income has increased by 145.4% to $554K since the same quarter in the previous year.
Finally, its free cash flow grew by 188.4% to $3M since the same quarter in the previous year.
Based on the above factors, Generation Development Group Limited gets an overall score of 5/5.