Future Generation Australia (ASX:FGX) Shares Outstanding (EOP): 410.94 Mil (As of Dec. 2025)

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ASX:FGX Future Generation Australia Ltd ASX:FGX
60 GF Score
Price A$1.35
GF Value A$1.39
Valuation Fairly Valued
! 1 Warning Sign
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What is Future Generation Australia Shares Outstanding (EOP)?

Future Generation Australia ASX:FGX -2.88% 60 Shares Outstanding (EOP) is 410.94 Mil as of Dec. 2025. GuruFocus rates ASX:FGX with a GF Score™ of 60/100 and a GF Value™ of A$1.39 (Fairly Valued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Future Generation Australia's shares outstanding for the quarter that ended in Dec. 2025 was 410.94 Mil.

Future Generation Australia's quarterly shares outstanding increased from Jun. 2025 (410.04 Mil) to Dec. 2025 (410.94 Mil). It means Future Generation Australia issued new shares from Jun. 2025 to Dec. 2025 .

Future Generation Australia's annual shares outstanding increased from Dec. 2024 (409.12 Mil) to Dec. 2025 (410.94 Mil). It means Future Generation Australia issued new shares from Dec. 2024 to Dec. 2025 .


Future Generation Australia  (ASX:FGX) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Future Generation Australia Shares Outstanding (EOP) Related Terms


Future Generation Australia Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Future Generation Australia's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Future Generation Australia Shares Outstanding (EOP) Chart

Future Generation Australia Annual Data
Trend Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 402.92 405.05 407.11 409.12 410.94

Future Generation Australia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 407.11 408.16 409.12 410.04 410.94

ASX:FGX vs BLK, BX, KKR: Shares Outstanding (EOP) Comparison

For the Asset Management subindustry, Future Generation Australia's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Future Generation Australia Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Future Generation Australia's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Future Generation Australia's Shares Outstanding (EOP) falls into.


ASX:FGX
60GF Score
Future Generation Australia Ltd ASX:FGX
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Future Generation Australia Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 410.94 Mil mean?
Future Generation Australia (ASX:FGX) has a Shares Outstanding (EOP) of 410.94 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Future Generation Australia and its competitors.
Is Future Generation Australia's Shares Outstanding (EOP) too high?
Future Generation Australia's current Shares Outstanding (EOP) is 410.94 Mil. Overall, Future Generation Australia has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Future Generation Australia's Shares Outstanding (EOP) compare to BLK and BX?
Future Generation Australia's Shares Outstanding (EOP) of 410.94 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Future Generation Australia and its competitors. Future Generation Australia's current Shares Outstanding (EOP) is 410.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Generation Australia stock overvalued right now?
Based on GuruFocus' analysis, Future Generation Australia (ASX:FGX) is currently considered Fairly Valued. The stock's GF Value™ is A$1.39, compared to a current price of A$1.35 — trading 2.9% below its estimated fair value. The current Shares Outstanding (EOP) is 410.94 Mil. Future Generation Australia's overall GF Score™ is 60/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Future Generation Australia (ASX:FGX), the current Shares Outstanding (EOP) is 410.94 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Future Generation Australia (ASX:FGX) Overvalued in 2026?

Based on GuruFocus' analysis, Future Generation Australia stock appears to be undervalued. The current stock price of A$1.35 is trading 2.9% below its estimated GF Value™ of A$1.39. GuruFocus considers Future Generation Australia to be Fairly Valued.

Key valuation signals for ASX:FGX:

  • Shares Outstanding (EOP): 410.94 Mil
  • GF Value™: A$1.39 vs. price of A$1.35 (2.9% below fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the ASX:FGX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Future Generation Australia Business Description

Address Governor Phillip Tower, Level 26, 1 Farrer Place, Sydney, NSW, AUS, 2000
Future Generation Australia Ltd is an investment company engaged in investing activities, including cash, term deposits, and investments in underlying funds managed by Australian equity fund managers.
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.35
Price
A$1.39
GF Value