Future Generation Australia (ASX:FGX) Asset Turnover: 0.10 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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
View Full Analysis

What is Future Generation Australia Asset Turnover?

Future Generation Australia ASX:FGX -2.88% 60 Asset Turnover is 0.10 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Future Generation Australia's Revenue for the six months ended in Dec. 2025 was A$58.82 Mil. Future Generation Australia's Total Assets for the quarter that ended in Dec. 2025 was A$594.06 Mil. Therefore, Future Generation Australia's Asset Turnover for the quarter that ended in Dec. 2025 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Future Generation Australia's annualized ROE % for the quarter that ended in Dec. 2025 was 14.11%. It is also linked to ROA % through Du Pont Formula. Future Generation Australia's annualized ROA % for the quarter that ended in Dec. 2025 was 13.32%.


Future Generation Australia  (ASX:FGX) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Future Generation Australia's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=79.128/560.702
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(79.128 / 117.636)*(117.636 / 594.0565)*(594.0565/ 560.702)
=Net Margin %*Asset Turnover*Equity Multiplier
=67.27 %*0.198*1.0595
=ROA %*Equity Multiplier
=13.32 %*1.0595
=14.11 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Future Generation Australia's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=79.128/594.0565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(79.128 / 117.636)*(117.636 / 594.0565)
=Net Margin %*Asset Turnover
=67.27 %*0.198
=13.32 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Future Generation Australia Asset Turnover Related Terms


Future Generation Australia Asset Turnover Historical Data

* Premium members only.

The historical data trend for Future Generation Australia's Asset Turnover 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 Asset Turnover Chart

Future Generation Australia Annual Data
Trend Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 -0.11 0.12 0.12 0.13

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
Asset Turnover 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 0.08 0.06 0.07 0.03 0.10

ASX:FGX vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Future Generation Australia's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Future Generation Australia's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Future Generation Australia's Asset Turnover falls into.


ASX:FGX
60GF Score
Future Generation Australia Ltd ASX:FGX
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future Generation Australia Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Future Generation Australia's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=78.14/( (577.316+611.868)/ 2 )
=78.14/594.592
=0.13

Future Generation Australia's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=58.818/( (576.245+611.868)/ 2 )
=58.818/594.0565
=0.10

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.10 mean?
Future Generation Australia (ASX:FGX) has a Asset Turnover of 0.10 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Future Generation Australia and its competitors.
Is Future Generation Australia's Asset Turnover too high?
Future Generation Australia's current Asset Turnover is 0.10. 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 Asset Turnover compare to BLK and BX?
Future Generation Australia's Asset Turnover of 0.10 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 Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Future Generation Australia and its competitors. Future Generation Australia's current Asset Turnover is 0.10. 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 Asset Turnover is 0.10. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Future Generation Australia (ASX:FGX), the current Asset Turnover is 0.10 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:

  • Asset Turnover: 0.10
  • 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.
60GF Score

Get the complete analysis for ASX:FGX

Asset Turnover 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