Founder Group Limited Ordinary Shares (FGL) - Net Assets
Based on the latest financial reports, Founder Group Limited Ordinary Shares (FGL) has net assets worth $17.31 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($121.97 Million) and total liabilities ($104.66 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read total liabilities of Founder Group Limited Ordinary Shares for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $17.31 Million |
| % of Total Assets | 14.19% |
| Annual Growth Rate | 66.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 40.18 |
Founder Group Limited Ordinary Shares - Net Assets Trend (2021–2024)
This chart illustrates how Founder Group Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Founder Group Limited Ordinary Shares for the complete picture of this company's asset base.
Annual Net Assets for Founder Group Limited Ordinary Shares (2021–2024)
The table below shows the annual net assets of Founder Group Limited Ordinary Shares from 2021 to 2024. For live valuation and market cap data, see FGL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.12 Million | +15.77% |
| 2023-12-31 | $14.79 Million | +93.62% |
| 2022-12-31 | $7.64 Million | +106.85% |
| 2021-12-31 | $3.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Founder Group Limited Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 309.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.86 Million | 45.90% |
| Common Stock | $7.43 Million | 43.37% |
| Other Comprehensive Income | $1.84 Million | 10.73% |
| Total Equity | $17.12 Million | 100.00% |
Founder Group Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Founder Group Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glen Eagle Resources Inc
V:GER
|
$715.41K |
|
Upgrade Invest Nordic AB
ST:UPGRAD
|
$715.69K |
|
ProstaLund AB
ST:PLUN
|
$716.78K |
|
CERo Therapeutics Holdings, Inc. Common Stock
NASDAQ:CERO
|
$717.49K |
|
HSS Hire Group PLC
LSE:HSS
|
$713.55K |
|
MEDCAW INVESTMENTS LS-01
F:U09
|
$711.56K |
|
SDM SE
XETRA:75S
|
$711.13K |
|
Thunder Power Holdings, Inc.
NASDAQ:AIEV
|
$710.14K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Founder Group Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,789,662 to 17,121,478, a change of 2,331,816 (15.8%).
- Net loss of 5,150,005 reduced equity.
- New share issuances of 7,355,973 increased equity.
- Other comprehensive income increased equity by 125,848.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.15 Million | -30.08% |
| Share Issuances | $7.36 Million | +42.96% |
| Other Comprehensive Income | $125.85K | +0.74% |
| Total Change | $- | 15.77% |
Book Value vs Market Value Analysis
This analysis compares Founder Group Limited Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $21.83 | $2.04 | x |
| 2022-12-31 | $45.15 | $2.04 | x |
| 2023-12-31 | $87.42 | $2.04 | x |
| 2024-12-31 | $101.20 | $2.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Founder Group Limited Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -30.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.70%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 6.68x
- Recent ROE (-30.08%) is below the historical average (30.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 51.95% | 7.62% | 2.53x | 2.70x | $1.55 Million |
| 2022 | 51.63% | 6.21% | 1.85x | 4.50x | $3.18 Million |
| 2023 | 48.32% | 4.83% | 1.77x | 5.67x | $5.67 Million |
| 2024 | -30.08% | -5.70% | 0.79x | 6.68x | $-6.86 Million |
Industry Comparison
This section compares Founder Group Limited Ordinary Shares's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,104,036,845
- Average return on equity (ROE) among peers: -9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Founder Group Limited Ordinary Shares (FGL) | $17.31 Million | 51.95% | 6.05x | $714.45K |
| Arcosa Inc (ACA) | $2.18 Billion | 11.25% | 0.53x | $5.50 Billion |
| Aecom Technology Corporation (ACM) | $2.37 Billion | 16.97% | 4.09x | $10.87 Billion |
| Argan Inc (AGX) | $41.87 Million | -7.66% | 2.48x | $6.36 Billion |
| Ameresco Inc (AMRC) | $289.54 Million | 1.03% | 1.52x | $1.09 Billion |
| Api Group Corp (APG) | $2.87 Billion | 5.33% | 1.65x | $19.15 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $267.11 Million | -22.93% | 1.90x | $342.26 Million |
| Topbuild Corp (BLD) | $1.93 Billion | 28.81% | 1.39x | $12.32 Billion |
| Blink Charging Co (BLNK) | $7.43 Million | -129.79% | 0.61x | $95.19 Million |
| Bowman Consulting Group Ltd (BWMN) | $122.86 Million | 4.07% | 1.08x | $483.57 Million |
| Cadeler A/S (CDLR) | $959.04 Million | 1.20% | 0.31x | $2.10 Billion |
About Founder Group Limited Ordinary Shares
Founder Group Limited provides engineering, procurement, construction, and commissioning solutions (EPCC) for solar projects and commercial and industrial solar projects in Malaysia. It operates through two segments; Large-scale solar, and Commercial and Industrial. The company offers engineering and design services for solar PV array, including inverters, transformers, and interconnection to the… Read more