Generation Development Group (ASX:GDG) Shares Outstanding (EOP): 399.6 Mil (As of Dec. 2025)


ASX:GDG Generation Development Group Ltd ASX:GDG
57 GF Score
Price A$3.37
GF Value A$7.16
Valuation Possible Value Trap
! 3 Warning Signs
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What is Generation Development Group Shares Outstanding (EOP)?

Generation Development Group ASX:GDG -3.71% 57 Shares Outstanding (EOP) is 399.6 Mil as of Dec. 2025. GuruFocus rates ASX:GDG with a GF Score™ of 57/100 and a GF Value™ of A$7.16 (Possible Value Trap). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Generation Development Group's shares outstanding for the quarter that ended in Dec. 2025 was 399.6 Mil.

Generation Development Group's quarterly shares outstanding increased from Jun. 2025 (392.8 Mil) to Dec. 2025 (399.6 Mil). It means Generation Development Group issued new shares from Jun. 2025 to Dec. 2025 .

Generation Development Group's annual shares outstanding increased from Jun. 2024 (274.0 Mil) to Jun. 2025 (392.8 Mil). It means Generation Development Group issued new shares from Jun. 2024 to Jun. 2025 .


Generation Development Group  (ASX:GDG) 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.


Generation Development Group Shares Outstanding (EOP) Related Terms


Generation Development Group Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Generation Development Group'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.

Generation Development Group Shares Outstanding (EOP) Chart

Generation Development Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.31 193.71 196.60 274.01 392.81

Generation Development Group 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 198.47 274.01 303.37 392.81 399.64

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

For the Asset Management subindustry, Generation Development Group'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.


Generation Development Group Shares Outstanding (EOP) vs Asset Management Industry

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

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


ASX:GDG
57GF Score
Generation Development Group Ltd ASX:GDG
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Generation Development Group 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 399.6 Mil mean?
Generation Development Group (ASX:GDG) has a Shares Outstanding (EOP) of 399.6 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Generation Development Group and its competitors.
Is Generation Development Group's Shares Outstanding (EOP) too high?
Generation Development Group's current Shares Outstanding (EOP) is 399.6 Mil. Overall, Generation Development Group has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Generation Development Group's Shares Outstanding (EOP) compare to BLK and BX?
Generation Development Group's Shares Outstanding (EOP) of 399.6 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 Generation Development Group and its competitors. Generation Development Group's current Shares Outstanding (EOP) is 399.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Development Group stock overvalued right now?
Based on GuruFocus' analysis, Generation Development Group (ASX:GDG) is currently considered Possible Value Trap. The stock's GF Value™ is A$7.16, compared to a current price of A$3.37 — trading 52.9% below its estimated fair value. The current Shares Outstanding (EOP) is 399.6 Mil. Generation Development Group's overall GF Score™ is 57/100 with 3 warning signs 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 Generation Development Group (ASX:GDG), the current Shares Outstanding (EOP) is 399.6 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 Generation Development Group (ASX:GDG) Overvalued in 2026?

Based on GuruFocus' analysis, Generation Development Group stock appears to be undervalued. The current stock price of A$3.37 is trading 52.9% below its estimated GF Value™ of A$7.16. GuruFocus considers Generation Development Group to be Possible Value Trap.

Key valuation signals for ASX:GDG:

  • Shares Outstanding (EOP): 399.6 Mil
  • GF Value™: A$7.16 vs. price of A$3.37 (52.9% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Generation Development Group Business Description

Address 447 Collins Street, Level 17, Melbourne, VIC, AUS, 3000
Founded in 1991, Generation originally operated as a pooled development fund, focusing on providing capital to businesses in financial services. Today, the firm is structured across three key business lines within wealth management. The first is through Generation Life, the market leader in investment bonds by in-flows, which offers tax-effective products, including investment bonds and annuities. The second business line is Lonsec, a prominent research and ratings provider to the Australian financial services sector, competing against Morningstar and Zenith. The third division provides managed account solutions, a result of the merger between Evidentia and Lonsec Investment Solutions, offering individually owned accounts professionally managed by experienced portfolio managers.
57GF Score

Get the complete analysis for ASX:GDG

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.37
Price
A$7.16
GF Value