Founder Group Limited FGL

4.33 (0.08) (1.81%) as of 25 Sep
Market cap
$350.0K
P/E
—
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.15
Total sells 0.14
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — 7 —
Sell — — — — — — — — — — 5 —
Insider Ownership —

Capital & Financial Ratios

Market Cap 0.35
Revenue —
Net Income —
Free Cash Flow —
Net Debt (4.09)
Current Ratio 1.16
Debt/Equity 2.10
P/E ratio —
P/S ratio —
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 73.70%
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2017 26.00
6.50
6.50
6.50
6.50
2016 26.00
6.50
6.50
6.50
6.50
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2022 2023 2024 2025
Cash — — 3 20
Receivables — — 8 10
Inventory — — 1 1
Other — — 7 10
— — 19 40
2022 2023 2024 2025
Payables — — 6 5
ST’ Debt — — 7 11
Other — — — 16
— — 21 35
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 30
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’25 — (4) — (10) (10)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’25 — (4) — (10) (10)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (6.00)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — — — 12,500.00 1,280.00

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — — — 52,600.00 25,500.00
High Price
— — — — — — — 45 82 80
Employees
— — — — — — — 0 0 0
Revenue/Emp
— — — — — — — — 20 30
Revenue
— — — — — — — — 6.91% 11.58%
Gross Margin
— — — — — — — — (1) (1)
EBT
— — — — — — — — (6.25%) (4.69%)
EBT Margin
— — — — — — — 0 (1) (1)
Net Income
— — — — — — — — 0 1
Depreciation
— — — — — — — — 11,214.72 95.02
Revenue/Sh
— — — — — — — — (680.31) (7.00)
Earnings/Sh
— — — — — — — — (760.67) (32.30)
Cash Flow/Sh
— — — — — — — — (156.72) (0.65)
Capex/Sh
— — — — — — — — (917.39) (32.95)
Free CF/Sh
— — — — — — — — 2,125.33 23.82
Book Value/Sh
— — — — — — — — 0 0
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — 0.00 0.00
PB Ratio
— — — — — — — — 0.00 0.00
EV/Sales
— — — — — — — — 0.00 0.00
EV/FCF
— — — — — — — — (1) (10)
Op' Cash Flow
— — — — — — — — 0 0
Capex
— — — — — — — — (2) (10)
FCF
— — — — — — — — (2) 5
Working Cap'
— — — — — — — — 8 16
Total Debt
— — — — — — — — 5 (4)
Net Debt
— — — — — — — — 4 7
Sh' Equity
— — — — — — — — (9.01%) (5.29%)
ROA
— — — — — — — — (9.05%) (9.74%)
ROIC
— — — — — — — — 0.00% (33.91%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025

Founder Group Limited (FGL) key facts

  • Founder Group Limited (FGL) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
  • Founder Group Limited’s revenue for fiscal 2025 (year ended December 2025) was $29.7 million, up 47.2% from fiscal 2024.
  • As of September 25, 2026, FGL traded at $4.33, a market capitalization of $350,000.00.
  • Return on equity was −33.9% and debt-to-equity 2.10.

Source: company filings (standardised) and stockrow calculations.

Founder Group Limited (FGL) Latest News

News by impact score

Fine-tune

21 Sep

4

Founder Group Limited (Nasdaq: FGL) received a Nasdaq notice on Sept. 16, 2026 stating it no longer meets the Nasdaq Capital Market’s minimum publicly held shares requirement of 500,000 under Listing Rule 5550(a)(4). The deficiency has no immediate effect on listing or trading. FGL has until Nov. 2, 2026 to submit a plan to regain and sustain compliance, including a timeline for completion, and intends to file within the period. The company, a Malaysia-based EPCC provider for solar PV facilities, focuses on large-scale and commercial/industrial solar projects. If compliance cannot be regained, delisting could follow after the plan period and Nasdaq review. A standard risk disclaimer applies. Public float deficiency poses potential delisting risk if not remedied, affecting liquidity and investor sentiment.

3 Sep

4

Founder Group Limited participates in Malaysia's largest solar initiative to advance renewable energy projects and strengthen its position in the energy transition. Participation in Malaysia's largest solar initiative represents a major strategic move likely to alter FGL's trajectory in renewables.

2 Sep

4

Founder Group Limited targets Malaysia’s RM13–15 billion LSS6 National Solar Programme, positioning for multi-year order book growth through 2029. Targeting participation in a multi-billion national solar program sets up Founder Group for sustained multi-year order growth through 2029.

27 Aug

3

Founder Group Limited executes a 100-for-1 share combination. Reverse split signals possible compliance issues and may shift short-term market sentiment for FGL.

26 Aug

3

Founder Group Limited acquires 19.90% stake in Nichcom Go, SpacePlus EV charging operator. Minority stake purchase in EV charging operator signals moderate strategic expansion for FGL.

25 Aug

3

Founder Group Limited invests in Nichcom Go Sdn. Bhd., operator of SpacePlus EV Charging Network, to expand market leadership in EV industry. Investment expands FGL positioning in EV charging sector with moderate effect on operations and market trajectory.

8 Jun

3

Finbond Group shows EPS growth and additional positive factors that position the company as an interesting investment case on the JSE. EPS growth and other positive factors point to moderately noticeable influence on financial performance and market sentiment for Finbond Group.

10 Apr

3

Founder Group Limited regains compliance with Nasdaq's minimum publicly held shares requirement. Regaining Nasdaq compliance averts delisting risk and bolsters short-term market stability.

26 Mar

4

Malaysia expands LSS5 solar program to accelerate solar growth and energy transition, positioning Founder Group Limited favorably in the market. LSS5 program expansion creates major opportunities for FGL's solar operations and competitive positioning in Malaysia.

25 Mar

4

Founder Group Limited secures additional US$8.6 million contract under Malaysia’s Large Scale Solar Programme. Additional US$8.6 million solar contract bolsters FGL's revenue and strategic position in Malaysia's renewable energy market.

16 Mar

3

Founder Group Limited secures US$5 million EPC contract for a 5.5MW solar plant under Malaysia’s LSS5 PETRA Programme. A US$5 million contract win provides moderate revenue boost and reinforces FGL's position in solar EPC projects.

9 Mar

4

Founder Group Limited secured a US$4 million contract for a 25.4MW utility-scale solar project under Malaysia’s CGPP Programme. Securing a US$4 million 25.4MW utility-scale solar contract under a national programme significantly boosts FGL's revenue, expands its renewable energy portfolio, and enhances its competitive position in Malaysia.

3 Mar

3

Founder Group Limited (FGL) regains compliance with Nasdaq’s minimum bid price requirement. Regaining Nasdaq compliance eliminates delisting risk and supports short-term market stability and investor confidence.

20 Feb

4

Founder Group Limited received a NASDAQ notification for failing to meet the minimum publicly held shares requirement, giving the company until November 25, 2024, to submit a compliance plan, with potential delisting if unresolved. NASDAQ deficiency notice for public float non-compliance risks delisting proceedings and erodes investor confidence.

6 Feb

3

Founder Group Limited (FGL) has announced a 100 for 1 share combination, a move aimed at consolidating its shares to enhance liquidity and attract institutional investors. This strategic decision is expected to simplify the company's capital structure and potentially improve its market perception. The share combination will reduce the total number of shares outstanding while maintaining the overall market capitalization. The company believes this action will position it better for future growth and investment opportunities. The share combination may moderately influence market perception and liquidity but is not expected to drastically alter the company's trajectory.

6 Jan

3

Founder Group Limited (FGL) has been identified as one of the most active stocks in the market, reflecting heightened trading activity and investor interest. This surge in activity may be attributed to recent developments or market trends affecting the company. Investors are closely monitoring FGL's performance as it navigates these changes, which could influence its future trajectory. Increased trading activity suggests a moderately noticeable influence on FGL's market performance and investor sentiment.

25 Dec

3

Insider buying activity at Finbond Group Limited has been noted, indicating potential confidence in the company's future performance. Several executives have purchased shares, which often signals positive expectations about the company's prospects. This trend may influence market sentiment and investor confidence moving forward. Insider buying can positively influence market sentiment and investor confidence, but its overall impact on the company's trajectory is expected to be limited.

15 Nov

3

Finbond Group Limited (FGL) is poised for potential growth as it prepares to distribute an upcoming dividend. Investors may find this an attractive opportunity, particularly in the context of the company's financial health and market positioning. The dividend announcement could enhance investor sentiment and drive interest in the stock, suggesting a favorable outlook for FGL's future performance. The upcoming dividend is expected to positively influence investor sentiment and financial performance, but its overall impact may be limited.

9 Nov

4

Finbond Group Limited (FGL) is gaining attention due to its recent strategic initiatives aimed at enhancing market presence and financial performance. The company is focusing on expanding its product offerings and improving customer engagement, which could lead to increased revenue streams. Analysts are optimistic about FGL's potential growth trajectory, especially in light of favorable market conditions and consumer demand. Investors are advised to monitor FGL closely as these developments unfold. Strategic initiatives and market expansion efforts are likely to significantly impact future performance and investor sentiment.

4 Nov

3

Founder Group Limited (FGL) has been identified as one of the most active stocks in recent trading sessions, reflecting heightened investor interest and trading volume. The company's stock performance has drawn attention amid broader market movements, indicating potential shifts in investor sentiment and market dynamics. Analysts are closely monitoring FGL's developments as they could influence its future trajectory. Increased trading activity suggests a moderately noticeable influence on market sentiment and potential financial performance.

29 Oct

3

Founder Group Limited (FGL) has been identified as one of the most active stocks in recent trading sessions, reflecting heightened investor interest and trading volume. The company's stock performance is being closely monitored as market dynamics shift, potentially influencing its future trajectory. Increased trading activity may affect market sentiment and investor interest, but the overall impact on FGL's long-term performance is expected to be limited.

28 Oct

3

Founder Group Limited (FGL) has been identified as one of the most active stocks in recent trading sessions, reflecting heightened investor interest and market activity. The company's stock performance has drawn attention due to various factors influencing its market position and investor sentiment. Analysts are closely monitoring FGL's developments as they could impact its future trajectory in the competitive landscape. Increased trading activity suggests a moderately noticeable influence on market sentiment and potential financial performance.

30 Sep

4

Sarawak is making significant strides in solar energy, with a focus on transforming its data infrastructure to support green initiatives. The region's investment in solar technology is expected to enhance energy efficiency and sustainability, positioning it as a leader in renewable energy. This shift not only aims to reduce carbon emissions but also to attract businesses seeking eco-friendly solutions, thereby fostering economic growth and innovation in the data sector. The transition to solar energy in Sarawak is likely to significantly impact market dynamics and investor sentiment towards companies involved in renewable energy and data transformation.

26 Sep

4

Founder Group Limited (FGL) has announced a significant RM1.16 billion (USD276 million) solar-plus-storage project in Sarawak, featuring a capacity of 310 MWp. This initiative aims to support a regional green data center, marking a strategic move towards sustainable energy solutions and enhancing FGL's position in the renewable energy sector. The project represents a major strategic investment in renewable energy, likely to enhance FGL's competitive positioning and market sentiment.

24 Sep

4

Founder Group Limited (FGL) is set to benefit from a substantial solar EPCC contract valued at up to RM17.4 billion (USD4.1 billion), which is expected to enhance green energy initiatives, data center expansion, and support Malaysia's national AI ambitions. The solar EPCC contract represents a major strategic move that could significantly alter FGL's trajectory and investor sentiment.

10 Sep

4

Founder Group Limited has secured a contract worth US$2.36 million for the development of a 30MW large-scale solar plant in Malaysia. This project is part of the company's efforts to expand its renewable energy portfolio and enhance its presence in the Southeast Asian market. The contract represents a significant strategic move in the renewable energy sector, likely impacting future growth and market positioning.

18 Jun

4

Founder Group Limited (FGL) has signed a Memorandum of Understanding (MoU) with GCL Systems to collaborate on renewable energy projects worth $220 million. This partnership aims to enhance FGL's capabilities in the renewable energy sector, focusing on sustainable solutions and innovation. The agreement signifies a strategic move towards expanding FGL's portfolio in the growing renewable energy market, aligning with global trends towards sustainability and clean energy. The partnership with GCL Systems represents a significant strategic move that could enhance FGL's market position in the renewable energy sector.

17 Jun

4

Founder Group Limited (FGL) has signed a memorandum of understanding with GCL Systems Integration Technology Co., Ltd. to collaborate on renewable energy projects valued at up to USD $220 million. The partnership aims to explore and undertake projects in the renewable energy sector across Malaysia and other ASEAN countries. Both companies will share technical expertise and resources to identify and secure potential projects, with a focus on solar photovoltaic systems. CEO Lee Seng Chi emphasized the collaboration's potential to enhance capabilities and drive revenue growth while promoting sustainability. The collaboration with GCL is a significant strategic move that could enhance FGL's market position and revenue potential in the renewable energy sector.

11 Jun

4

Founder Group Limited (FGL) has secured additional contracts worth US$ 1.5 million with solar installation companies in Malaysia, enhancing its position in the renewable energy sector and expanding its operational footprint in the region. Securing significant contracts in the renewable energy sector is likely to have a substantial impact on future financial performance and market positioning.

20 Mar

4

Founder Group Limited has secured a contract valued at RM11.6 million (approximately US$2.6 million) to construct a roof-top solar PV generating facility in Malaysia. The company will handle design, engineering, procurement, supply, delivery, construction, and commissioning, with completion expected in two years. Following construction, an Operations and Maintenance agreement will be signed, providing benefits for 15 to 21 years. This partnership is anticipated to be profitable with a double-digit profit margin. The Malaysian government aims for 40% renewable energy capacity by 2035, with solar expected to contribute significantly to this target. The contract represents a significant strategic move that aligns with Malaysia's renewable energy goals and could enhance Founder Group's market position.

stockrow.com/FGL · Data as of Dec 31, 2025 · For information only; not investment advice. · © 2026 stockrow.com