Founder Group Limited Ordinary Shares (FGL) - Net Assets
Based on the latest financial reports, Founder Group Limited Ordinary Shares (FGL) has net assets worth $30.26 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($189.75 Million) and total liabilities ($159.49 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. Check Founder Group Limited Ordinary Shares (FGL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $30.26 Million |
| % of Total Assets | 15.95% |
| Annual Growth Rate | 69.19% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.86 |
Founder Group Limited Ordinary Shares - Net Assets Trend (2021–2025)
This chart illustrates how Founder Group Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Founder Group Limited Ordinary Shares to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Founder Group Limited Ordinary Shares (2021–2025)
The table below shows the annual net assets of Founder Group Limited Ordinary Shares from 2021 to 2025. For live valuation and market cap data, see FGL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $30.26 Million | +76.72% |
| 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 decreased by 95.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $95.92K | 0.32% |
| Common Stock | $28.94 Million | 95.65% |
| Other Comprehensive Income | $1.22 Million | 4.03% |
| Total Equity | $30.26 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 |
|---|---|
|
TELES Informationstechnologien AG
XETRA:TLIK
|
$1.89 Million |
|
RBR Group Ltd
AU:RBR
|
$1.89 Million |
|
Atomic Minerals Corp
V:ATOM
|
$1.90 Million |
|
Phoenix Spree Deutschland Ltd
LSE:PSDL
|
$1.90 Million |
|
Filament Health Corp
NEO:FH
|
$1.89 Million |
|
Spectra Inc.
V:SSA
|
$1.89 Million |
|
KINGS ENTERTAINMENT GROUP
F:L12
|
$1.89 Million |
|
Erech Finance Cahalacha Ltd
TA:EFNC
|
$1.88 Million |
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 2024 to 2025, total equity changed from 17,121,478 to 30,256,358, a change of 13,134,880 (76.7%).
- Net loss of 7,763,104 reduced equity.
- New share issuances of 84,895,915 increased equity.
- Other comprehensive income decreased equity by 618,265.
- Other factors decreased equity by 63,379,666.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.76 Million | -25.66% |
| Share Issuances | $84.90 Million | +280.59% |
| Other Comprehensive Income | $-618.26K | -2.04% |
| Other Changes | $-63.38 Million | -209.48% |
| Total Change | $- | 76.72% |
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 | $1.80 | x |
| 2022-12-31 | $45.15 | $1.80 | x |
| 2023-12-31 | $87.42 | $1.80 | x |
| 2024-12-31 | $101.20 | $1.80 | x |
| 2025-12-31 | $91.59 | $1.80 | 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): -25.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.43%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 6.27x
- Recent ROE (-25.66%) is below the historical average (19.23%), 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 |
| 2025 | -25.66% | -6.43% | 0.64x | 6.27x | $-10.79 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: $841,991,170
- Average return on equity (ROE) among peers: -5.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Founder Group Limited Ordinary Shares (FGL) | $30.26 Million | 51.95% | 5.27x | $1.89 Million |
| Arcosa Inc (ACA) | $1.79 Billion | 6.33% | 0.29x | $6.03 Billion |
| Aecom Technology Corporation (ACM) | $2.38 Billion | 2.32% | 3.71x | $9.19 Billion |
| Argan Inc (AGX) | $44.51 Million | -0.25% | 1.72x | $8.69 Billion |
| Ameresco Inc (AMRC) | $74.09 Million | 24.66% | 2.94x | $944.75 Million |
| Api Group Corp (APG) | $2.87 Billion | 5.33% | 1.65x | $18.41 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $308.24 Million | 10.31% | 1.93x | $401.56 Million |
| Topbuild Corp (BLD) | $915.73 Million | 8.62% | 0.79x | $11.34 Billion |
| Blink Charging Co (BLNK) | $7.43 Million | -129.79% | 0.61x | $96.46 Million |
| Bowman Consulting Group Ltd (BWMN) | $17.14 Million | 5.78% | 2.71x | $483.57 Million |
| Cadeler A/S (CDLR) | $10.66 Million | 8.62% | 11.65x | $2.15 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 the Large-scale solar, and Commercial & Industrial segments. The company offers engineering and design services for solar PV array, including inverters, transformers, and interconnection to the po… Read more