FG Merger II Corp. Common stock (FGMC) - Net Assets
Based on the latest financial reports, FG Merger II Corp. Common stock (FGMC) has net assets worth $82.81 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 ($83.18 Million) and total liabilities ($363.38K). 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 tangible equity quality of FG Merger II Corp. Common stock to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $82.81 Million |
| % of Total Assets | 99.56% |
| Annual Growth Rate | -0.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.68 |
FG Merger II Corp. Common stock - Net Assets Trend (2022–2025)
This chart illustrates how FG Merger II Corp. Common stock's net assets have evolved over time, based on quarterly financial data. See FGMC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for FG Merger II Corp. Common stock (2022–2025)
The table below shows the annual net assets of FG Merger II Corp. Common stock from 2022 to 2025. For live valuation and market cap data, see FG Merger II Corp. Common stock market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $82.53 Million | +3135602.17% |
| 2024-12-31 | $-2.63K | -111.34% |
| 2023-12-31 | $23.22K | -99.97% |
| 2022-12-31 | $83.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FG Merger II Corp. Common stock'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 39074000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $389.27K | 0.47% |
| Common Stock | $82.14 Million | 99.53% |
| Total Equity | $82.53 Million | 100.00% |
FG Merger II Corp. Common stock Competitors by Market Cap
The table below lists competitors of FG Merger II Corp. Common stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Topower Co Ltd
TWO:3226
|
$99.87 Million |
|
EA Technique M Bhd
KLSE:5259
|
$99.89 Million |
|
Erciyas Celik Boru Sanayi A.S.
IS:ERCB
|
$99.90 Million |
|
DIRTT Environmental Solutions Ltd.
TO:DRT
|
$99.92 Million |
|
OCK Group Bhd
KLSE:0172
|
$99.86 Million |
|
K Laser Technology Inc
TW:2461
|
$99.79 Million |
|
EverFocus Electronics Corp
TW:5484
|
$99.76 Million |
|
Kestrel Group, Ltd.
NASDAQ:KG
|
$99.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FG Merger II Corp. Common stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -2,632 to 82,526,417, a change of 82,529,049.
- Net income of 1,426,980 contributed positively to equity growth.
- New share issuances of 81,224,819 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.43 Million | +1.73% |
| Share Issuances | $81.22 Million | +98.42% |
| Other Changes | $-122.75K | -0.15% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares FG Merger II Corp. Common stock'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: 0.95x
- 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 | $0.00 | $9.70 | x |
| 2022-12-31 | $9.53 | $9.70 | x |
| 2023-12-31 | $0.60 | $9.70 | x |
| 2024-12-31 | $0.00 | $9.70 | x |
| 2025-12-31 | $10.22 | $9.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FG Merger II Corp. Common stock 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): 1.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (1.73%) is above the historical average (-71.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.47K |
| 2022 | -0.15% | 0.00% | 0.00x | 1.01x | $-8.50 Million |
| 2023 | -358.23% | -195.30% | 47.69x | 0.04x | $-16.36 Million |
| 2024 | 0.00% | -0.24% | 63.58x | 0.00x | $-25.59K |
| 2025 | 1.73% | 0.00% | 0.00x | 1.00x | $-6.83 Million |
Industry Comparison
This section compares FG Merger II Corp. Common stock's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $173,103,317
- Average return on equity (ROE) among peers: 3.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FG Merger II Corp. Common stock (FGMC) | $82.81 Million | 0.00% | 0.00x | $99.87 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $232.84 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $268.87 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $534.70 Million | 21.49% | 3.04x | $420.70K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $236.21 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $390.09 Million |
| Aimei Health Technology Co., Ltd Ordinary Share (AFJK) | $8.04 Million | 13.18% | 0.51x | $107.66 Million |
| Aifeex Nexus Acquisition Corporation (AIFE) | $86.16 Million | -0.10% | 0.01x | $91.13 Million |
| AI TRANSPORTATION ACQUISITION CORP Ordinary shares (AITR) | $60.04 Million | -0.06% | 0.02x | $86.22 Million |
About FG Merger II Corp. Common stock
FG Merger II Corp. does not have significant operations. It focuses on businesses in the financial services industry. The company was incorporated in 2023 and is based in Itasca, Illinois.