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Founder Group Limited logo

Founder Group Limited

FGL

NASDAQIndustrialsEngineering & Construction

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Previous close

$0.2687

−$0.0216 · -7.44%

Aug 21, 4:00 PM ET

FGL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

32

Expensive

Momentum

17

Strong Down

Sentiment

47

Mixed

Risk resilience

32

High Risk

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Company profile

Company website

Founder Group Ltd. is a holding company, which engages in the supply and installation of solar systems and other engineering works involving civil, structural, mechanical, and electrical engineering. It operates through the Large-Scale Solar and Commercial and Industrial segments. The Large-Scale Solar segment offers ground mounted solar projects designed to supply power to the power grid. The Commercial and Industrial segment provides solar projects systems installed on rooftops designed to generate electricity for commercial and industrial properties such as factories, warehouses, and commercial stores. The company was founded by Lee Seng Chi on April 13, 2021 and is headquartered in Klang, Malaysia.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
MY
CEO
Seng Chi Lee
Listed since
Oct 23, 2024
Employees
76

Market position

Day range

Current $0.2687

52-week range

Current $0.2687

Open
$0.2622
Previous close
$0.2903
Volume
1.74M
1.14× average
Average volume
1.53M
Average daily volume
Market cap
282.78K USD
Beta
1.04
Market reference 1
50-day average
$1.1246
-76.11% below average
200-day average
$10.7797
-97.51% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
68.53M MYR
P/E (TTM)
-0.05×
P/B (TTM)
0.01×
P/S (TTM)
0.01×
EV / EBITDA
29.29×
Earnings yield
-37.77%
Free cash flow yield
-203.65%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
11.58%
Operating margin
-1.89%
Net margin
-6.43%
Return on equity
-25.66%
Return on assets
-4.09%
Return on invested capital
-1.44%

Financial health

Debt / equity
4.24×
Current ratio
1.16×
Altman Z-score
1.08
Piotroski F-score
1 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends16%8%-0%-8%Gross margin, FY2021: 12.56%Gross margin, FY2022: 13.67%Gross margin, FY2023: 12.06%Gross margin, FY2024: 6.91%Gross margin, FY2025: 11.58%Operating margin, FY2021: 9.42%Operating margin, FY2022: 8.29%Operating margin, FY2023: 7.53%Operating margin, FY2024: -6.21%Operating margin, FY2025: -1.89%Net margin, FY2021: 7.62%Net margin, FY2022: 6.21%Net margin, FY2023: 4.83%Net margin, FY2024: -5.70%Net margin, FY2025: -6.43%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.56%. Gross margin FY2022 13.67%. Gross margin FY2023 12.06%. Gross margin FY2024 6.91%. Gross margin FY2025 11.58%. Operating margin FY2021 9.42%. Operating margin FY2022 8.29%. Operating margin FY2023 7.53%. Operating margin FY2024 -6.21%. Operating margin FY2025 -1.89%. Net margin FY2021 7.62%. Net margin FY2022 6.21%. Net margin FY2023 4.83%. Net margin FY2024 -5.70%. Net margin FY2025 -6.43%.

Income trends

Revenue

120.7M MYR+33.60%

Operating income

−2.28M MYR+59.28%

Net income

−7.76M MYR-50.74%
Income trends across reported periods163.64M MYR101.31M MYR38.98M MYR−23.34M MYRRevenue, FY2021: 25.17M MYRRevenue, FY2022: 63.51M MYRRevenue, FY2023: 148.05M MYRRevenue, FY2024: 90.34M MYRRevenue, FY2025: 120.7M MYROperating income, FY2021: 2.37M MYROperating income, FY2022: 5.27M MYROperating income, FY2023: 11.15M MYROperating income, FY2024: −5.61M MYROperating income, FY2025: −2.28M MYRNet income, FY2021: 1.92M MYRNet income, FY2022: 3.94M MYRNet income, FY2023: 7.15M MYRNet income, FY2024: −5.15M MYRNet income, FY2025: −7.76M MYRFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 25.17M MYR. Revenue FY2022 63.51M MYR. Revenue FY2023 148.05M MYR. Revenue FY2024 90.34M MYR. Revenue FY2025 120.7M MYR. Operating income FY2021 2.37M MYR. Operating income FY2022 5.27M MYR. Operating income FY2023 11.15M MYR. Operating income FY2024 −5.61M MYR. Operating income FY2025 −2.28M MYR. Net income FY2021 1.92M MYR. Net income FY2022 3.94M MYR. Net income FY2023 7.15M MYR. Net income FY2024 −5.15M MYR. Net income FY2025 −7.76M MYR.
Metric (MYR)FY2025FY2024FY2023FY2022FY2021
Revenue120.7M MYR90.34M MYR148.05M MYR63.51M MYR25.17M MYR
Cost of goods sold106.72M MYR84.1M MYR130.2M MYR54.83M MYR22.01M MYR
Gross profit13.98M MYR6.24M MYR17.85M MYR8.68M MYR3.16M MYR
Selling, general, and administrative14.95M MYR7.15M MYR5.51M MYR3.42M MYR788.7K MYR
Operating expenses16.26M MYR11.85M MYR6.7M MYR3.42M MYR788.7K MYR
Interest income239.94K MYR102.61K MYR47.26K MYR1.34K MYR435 MYR
Interest expense5.37M MYR2.07M MYR1.5M MYR329.34K MYR5.86K MYR
Depreciation and amortization2.62M MYR771.98K MYR323.18K MYR415.64K MYR361.16K MYR
Operating income−2.28M MYR−5.61M MYR11.15M MYR5.27M MYR2.37M MYR
Net income−7.76M MYR−5.15M MYR7.15M MYR3.94M MYR1.92M MYR

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-23.48
FY2025
Latest fiscal-year revenue
120.7M MYR
FY2025 · +33.60% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend49.4320.66-8.13-36.91FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend160.34M111.19M62.04M12.88MFY21FY22FY23FY24FY25

FGL news

globenewswire.com

Founder Group Secures US$1.5 million EPCC Subcontract under Malaysia's Corporate Green Power Programme for 29.99MWac Large-Scale Solar Facility in Kedah

KUALA LUMPUR, Malaysia, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), has been engaged as subcontractor under Malaysia's…

Read source
globenewswire.com

Founder Group Limited Secures Second Aquaculture Contract, a US$1.4 million 1.78 MW rooftop system for a Kedah shrimp Farm

KUALA LUMPUR, Malaysia, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), has signed a turn-key EPCC (engineering,…

Read source
globenewswire.com

Founder Group Limited Secures First Aquaculture Contract, a US$1.2 million 1.4 MW rooftop system for a Terengganu shrimp farm

KUALA LUMPUR, Malaysia, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), has signed a turn-key EPCC (engineering,…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.28

2017 complete year0.0% since 2014

Corporate action history

Dividend

Ex-dividend Nov 24, 2017

$0.0007

Quarterly

Payment Dec 11, 2017

Dividend

Ex-dividend Aug 10, 2017

$0.0007

Quarterly

Payment Aug 28, 2017

Dividend

Ex-dividend May 18, 2017

$0.0007

Quarterly

Payment Jun 5, 2017

Dividend

Ex-dividend Feb 16, 2017

$0.0007

Quarterly

Payment Mar 6, 2017

Dividend

Ex-dividend Nov 23, 2016

$0.0007

Quarterly

Payment Dec 12, 2016

Dividend

Ex-dividend Aug 18, 2016

$0.0007

Quarterly

Payment Sep 6, 2016

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