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Founder Group Limited Ordinary Shares

FGL NASDAQ Categories PDF
Industrials · Engineering & Construction · MY · Updated May 10, 8:16pm
$2.00
Price
$369,010
Market Cap
82
Employees
0.61
Beta
Seng Chi Lee
CEO
Business Description

Founder Group Limited provides engineering, procurement, construction, and commissioning solutions for solar projects and commercial and industrial solar projects in Malaysia. The company also engages in the installation, testing, and commissioning of photovoltaic modules, inverters, DC cables, and related works; and civil works. It also provides operation and maintenance services. The company was founded in 2021 and is based in Klang, Malaysia.

Business History
Price Overview
Last updated: May 11, 2026 1:51pm (just now)
$2.15
+0.15 (+7.38%)
Day Range
$1.85 – $2.27
52-Week Range
$1.44 – $143.00
50-Day MA
$3.62
200-Day MA
$42.39
Volume
94,834.00
Share Structure
Outstanding 184,505.00
Float 25,509.00
Free Float 13.8%
Very low free float — 13.8% of shares trade freely, ~86.2% held by insiders/institutions
Thinly traded — expect wider bid-ask spreads and sharp price swings on modest volume. Institutional investors may avoid due to liquidity constraints.
Small absolute float (0.0M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-0.07
Stock Price: $2.00
EPS (Diluted): -27.00
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
0.68
Stock Price: $2.00
Total Equity: $30.26M
Shares: 330,337
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
21.17
Market Cap: $369,010
Total Debt: $127.09M
Cash: $80.24M
EBITDA: $2.34M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$68.5M
Market Cap: $369,010
Total Debt: $127.09M
Cash: $80.24M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
11.6%
Gross Profit: $13.98M
Revenue: $120.70M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-1.9%
Operating Income: -$2.28M
Revenue: $120.70M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-6.4%
Net Income: -$7.76M
Revenue: $120.70M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-32.8%
Net Income: -$7.76M
Total Equity: $30.26M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-1.4%
Operating Income: -$2.28M
Tax Rate: -37.3%
Equity: $30.26M
Total Debt: $127.09M
Cash: $80.24M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
1.16
Current Assets: $163.44M
Current Liabilities: $141.50M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
4.20
Short-Term Debt: $109.62M
Long-Term Debt: $17.48M
Total Debt: $127.09M
Total Equity: $30.26M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$365.38
Revenue: $120.70M
Shares: 330,337
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$91.59
Total Equity: $30.26M
Shares: 330,337
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-126.72
Operating CF: -$41.03M
CapEx: -$826,333
Shares: 330,337
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $2.00
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$7.76M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FGL against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Metric 2021 2022 2023 2024 2025
Revenue $25.2M $63.5M $148.1M $90.3M $120.7M
Cost of Revenue $22.0M $54.8M $130.2M $84.1M $106.7M
Gross Profit $3.2M $8.7M $17.9M $6.2M $14.0M
Operating Expenses $788,700 $3.4M $6.7M $11.9M $16.3M
Operating Income $2.4M $5.3M $11.2M -$5.6M -$2.3M
Net Income $1.9M $3.9M $7.1M -$5.2M -$7.8M
EBITDA $3.0M $5.9M $11.4M -$2.8M $2.3M
EPS $2.00 $5.30 $46.00 $-6.65 $-27.00
EPS (Diluted) — — — — —
Balance Sheet (Annual)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $1.3M $8.2M $5.6M $13.9M $80.2M
Total Current Assets $9.2M $33.8M $79.3M $84.4M $163.4M
Total Assets $10.0M $34.4M $83.9M $114.3M $189.7M
Current Liabilities $6.1M $26.6M $68.2M $94.6M $141.5M
Long-Term Debt $0 $0 $811,236 $1.9M $17.5M
Total Liabilities $6.3M $26.7M $69.1M $97.2M $159.5M
Total Equity $3.7M $7.6M $14.8M $17.1M $30.3M
Retained Earnings $1.9M $5.9M $13.0M $7.9M $95,920
Cash Flow (Annual)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $5.5M -$2.5M -$17.5M -$6.1M -$41.0M
Capital Expenditure $-887,589 $-161,867 -$1.5M -$1.3M $-826,333
Free Cash Flow $4.7M -$2.7M -$18.9M -$7.4M -$41.9M
Acquisitions (net) $0 $0 $0 $0 -$1.9M
Debt Repayment — — — — —
Dividends Paid — — — — —
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $1.3M $6.9M -$2.6M $2.6M $61.7M
Growth Trends (YoY %)
Metric 2022 2023 2024 2025
Revenue Growth +152.3% +133.1% -39.0% +33.6%
Gross Profit Growth +174.7% +105.6% -65.0% +123.9%
Operating Income Growth +122.0% +111.8% -150.3% +59.3%
Net Income Growth +105.6% +81.2% -172.1% -50.7%
EBITDA Growth +97.2% +91.3% -124.8% +183.2%
Insider Trading (Recent)
Date Insider Type Shares Price Value
2026-03-27 SIN SIEW KUEN 0.00 $0.00 $0
2026-03-25 SEE SIAN SEONG 0.00 $0.00 $0
2026-03-18 LEE SENG CHI 0.00 $0.00 $0
2026-03-18 LEE SENG CHI 0.00 $0.00 $0
2017-05-17 ABELL KEITH W 0.00 $0.00 $0
2016-05-19 FOLEY WILLIAM P II 0.00 $0.00 $0
2016-05-19 Massey Richard N 0.00 $0.00 $0
2016-05-19 Chu Chinh 0.00 $0.00 $0
2016-05-19 QUELLA JAMES 0.00 $0.00 $0
2017-11-30 BENSON JAMES M D-Return 2,562.00 $0.01 $26
2017-11-30 BENSON JAMES M D-Return 2,205.00 $24.87 $54,838
2017-11-30 Phelps II John A. D-Return 5,910.00 $17.00 $100,470
2017-11-30 Phelps II John A. D-Return 3,825.00 $24.87 $95,128
2017-11-30 Phelps II John A. D-Return 3,024.00 $38.14 $115,335
2017-11-30 Phelps II John A. D-Return 4,546.00 $49.45 $224,800
2017-11-30 Phelps II John A. D-Return 8,972.00 $0.01 $90
2017-11-30 Young Wendy J.B. D-Return 100.00 $0.01 $1
2017-11-30 Young Wendy J.B. D-Return 3,117.00 $49.45 $154,136
2017-11-30 Young Wendy J.B. D-Return 5,454.00 $17.00 $92,718
2017-11-30 Young Wendy J.B. D-Return 3,528.00 $24.87 $87,741
Dividend History (Last 20)
Date Dividend Declaration Record Payment
2017-11-24 $0.00 2017-11-09 2017-12-11
2017-08-10 $0.00 2017-07-28 2017-08-28
2017-05-18 $0.00 2017-05-02 2017-06-05
2017-02-16 $0.00 2017-02-03 2017-03-06
2016-11-23 $0.00 2016-11-11 2016-12-12
2016-08-18 $0.00 2016-08-02 2016-09-06
2016-05-12 $0.00 2016-04-29 2016-05-30
2016-02-18 $0.00 2016-02-03 2016-03-07
2015-11-25 $0.00 2015-11-13 2015-12-14
2015-08-13 $0.00 2015-08-03 2015-08-31
2015-05-14 $0.00 2015-05-01 2015-06-01
2015-02-19 $0.00 2015-02-11 2015-03-09
2014-11-26 $0.00 2014-11-18 2014-12-15
2014-08-14 $0.00 2014-08-05 2014-09-01
2014-05-15 $0.00 2014-05-06 2014-06-02
2014-03-13 $0.00 2014-03-03 2014-03-31
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27