Friday 6 November 2026
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The Generation Essentials Group
TGE Financial Asset Management
The Generation Essentials Group’s revenue for fiscal 2025 (year ended December 2025) was $98.3 million, up 27.7% from fiscal 2024.
0.37
0.02
+5.71%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | — | 77 | 98 | — | +27.7% | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | — | — | — | 79.73 | 79.68 | — | (0.1) pt | ||||||
| EBT | — | — | — | — | — | — | — | — | 46 | (11) | — | n/m | ||||||
| EBT margin, % | — | — | — | — | — | — | — | — | 60.21 | (11.35) | — | (71.6) pt | ||||||
| Net income | — | — | — | — | — | — | — | — | 46 | (11) | — | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | — | 4.55 | 2.16 | — | (52.6%) | |||||
| Earnings | — | — | — | — | — | — | — | — | 1.80 | (0.17) | — | n/m | ||||||
| Cash flow | — | — | — | — | — | — | — | — | 0.27 | 0.26 | — | (2.9%) | ||||||
| Capex | — | — | — | — | — | — | — | — | 0.00 | (0.01) | — | +2,840.0% | ||||||
| Free cash flow | — | — | — | — | — | — | — | — | 0.27 | 0.25 | — | (8.2%) | ||||||
| Book value | — | — | — | — | — | — | — | — | 45.45 | 18.40 | 0.00 | (59.5%) | ||||||
| Shares, m | — | — | — | — | — | — | — | — | 17 | 46 | — | +169.6% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | — | — | |||||
| P/S | — | — | — | — | — | — | — | — | — | — | — | — | ||||||
| P/B | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | — | — | — | — | 0.00 | 0.00 | — | 0.0 | ||||||
| EV/FCF | — | — | — | — | — | — | — | — | 0.00 | 0.00 | — | 0.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | — | 5 | 12 | — | +161.7% | |||||
| Capex | — | — | — | — | — | — | — | — | 0 | (1) | — | +8,287.5% | ||||||
| Free cash flow | — | — | — | — | — | — | — | — | 5 | 11 | — | +147.4% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | — | 9 | 85 | 57 | +807.8% | |||||
| Net debt | — | — | — | — | — | — | — | — | 175 | 233 | 292 | +33.6% | ||||||
| Shareholders’ equity | — | — | — | — | — | — | — | — | 769 | 839 | 932 | +9.1% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | — | 0.00 | (0.59) | — | (0.6) pt | |||||
| ROIC | — | — | — | — | — | — | — | — | 3.81 | (0.17) | 0.00 | (4.0) pt | ||||||
| ROE | — | — | — | — | — | — | — | — | 0.00 | (1.10) | — | (1.1) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | 79 | 166 | — | +110.1% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | — | — | 0.97 | 0.59 | — | (39.2%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · fundamentals updated 26 Oct 2026
The Generation Essentials Group vs peers in Asset Management (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RMCO Royalty Management Holding Corporation | $32.0M | — (loss-making) | — (loss-making) | +38.02% (above 0%: growing) | n/m | −450.54% (below 0%: shrinking) | 8.35% | (4.95%) | Compare |
| GROW U.S. Global Investors, Inc. | $30.3M | 9.6× | 6.2× | +39.11% (above 0%: growing) | n/m | +1,453.33% (above 0%: growing) | 100.00% | (3.23%) | Compare |
| RAND Rand Capital Corporation | $29.5M | 9.3× | 12.2× | −16.96% (below 0%: shrinking) | n/m | −87.28% (below 0%: shrinking) | 100.00% | 0.00% | Compare |
| SVRN SVRN, Inc. | $24.5M | — (loss-making) | 2.6× | −0.46% (below 0%: shrinking) | n/m | −216.41% (below 0%: shrinking) | 13.51% | (140.13%) | Compare |
| FGC FG Communities Holdings Inc. | $22.7M | — (loss-making) | — (loss-making) | +16.91% (above 0%: growing) | n/m | +3,942.85% (above 0%: growing) | 100.00% | (886.36%) | Compare |
| BCG Binah Capital Group, Inc. | $18.8M | 5.5× | 28.1× | +12.09% (above 0%: growing) | n/m | +1,679.03% (above 0%: growing) | 100.00% | 0.91% | Compare |
| TGE The Generation Essentials Group | $17.0M | — | — | — | — | — | — | — | |
| INV Innventure, Inc. | $13.7M | — (loss-making) | — | +100.21% (above 0%: growing) | n/m | −16.26% (below 0%: shrinking) | (432.32%) | (3,304.09%) | Compare |
| BENF Beneficient | $13.2M | — (loss-making) | — (loss-making) | +196.37% (above 0%: growing) | n/m | +62.45% (above 0%: growing) | 100.00% | 34.47% | Compare |
| Median of peers | $23.6M | 9.3× | 9.2× | +27.47% | — | +23.10% | 100.00% | (4.09%) |