Is Generation Essentials Group (TGE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 74.8% | |
| Operating Margin | 3.5% | |
| Net Margin | 13.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5M |
| Free Cash Flow | $5M |
| Total Debt | $220M |
| Debt-to-Equity | 37.1 |
| Current Ratio | 2.1 |
| Total Assets | $1.2B |
Price & Trading
| Last Close | $1.19 |
| 50-Day MA | $1.38 |
| 200-Day MA | $2.74 |
| Avg Volume | 90K |
|
52-Week Range
$0.78
| |
About Generation Essentials Group (TGE)
The Generation Essentials Group, a media and entertainment company, engages in fashion, arts, lifestyle, cultural, entertainment, as well as F&B businesses worldwide. It operates through three segments: Media and entertainment; Hotel operation, hospitality and VIP services; and The strategic investment. The company publishes print publications and digital contents, including L'Officiel, The Art Newspaper, and DigFin. It also produces and invests in movies; holds premium building properties; and provides hospitality services in Hong Kong and Singapore, as well as operates IP extended business in the areas of F&B. In addition, the company hosts a multitude of cultural events, as well as conducts strategic investment business and hold equity investment in two major Chinese regional banks. The Generation Essentials Group was founded in 2022 and is based in Paris, France.
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Frequently Asked Questions
Is Generation Essentials Group (TGE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Generation Essentials Group is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Generation Essentials Group's debt ratio?
Generation Essentials Group's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Generation Essentials Group's key financial metrics?
Generation Essentials Group has a market capitalization of $53M, trailing P/E ratio of 1.9, and revenue of $51M. The company maintains a gross margin of 74.8% and a net margin of 13.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.