Founder GroupFGL -1.46%17 Debt-to-Equity is 4.24 as of Dec. 2025, which is 151% above its 10-year median of 1.69. GuruFocus rates FGL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 1,607 Construction companies, Founder Group ranks worse than 97.64% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Founder Group's Debt-to-Equity or its related term are showing as below:
FGL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 1.69 Max: 4.24
Current: 4.24
During the past 5 years, the highest Debt-to-Equity Ratio of Founder Group was 4.24. The lowest was 0.07. And the median was 1.69.
FGL's Debt-to-Equity is ranked worse than 97.64% of 1607
companies
in the Construction industry
Industry Median: 0.41
vs FGL: 4.24
Founder Group (NAS:FGL) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Founder Group Debt-to-Equity Related Terms
Founder Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Founder Group's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FGL vs MDLK, GRHI, SODE: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Founder Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Founder Group Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Founder Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Founder Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Founder Group (FGL) has a Debt-to-Equity of 4.24 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Founder Group and its competitors. This is 151% above median its historical median of 1.69. Over the past decade, Founder Group's Debt-to-Equity has ranged from 0.07 to 4.24. According to the industry distribution chart, Founder Group ranks #1569 out of 1607 companies in the Construction industry, placing it in the top 97.6%.
Is Founder Group's Debt-to-Equity too high?
Founder Group's current Debt-to-Equity of 4.24 is 151% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 4.24. The Construction industry median Debt-to-Equity is 0.41. Founder Group's value of 4.24 is 934.1% above this industry median. Based on the distribution chart, Founder Group ranks #1569 out of 1607 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Founder Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Founder Group's Debt-to-Equity compare to MDLK and GRHI?
According to the Construction industry distribution chart, Founder Group ranks #1569 out of 1607 companies for Debt-to-Equity. This places Founder Group in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Founder Group's value of 4.24 is 934.1% above this benchmark. Historically, Founder Group's own Debt-to-Equity has ranged from 0.07 to 4.24 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 0.41, Founder Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,607 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Founder Group's current Debt-to-Equity of 4.24 is 934.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Founder Group and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Founder Group's current Debt-to-Equity is 4.24, which is 151% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Founder Group stock overvalued right now?
Founder Group (FGL) has a current Debt-to-Equity of 4.24. The current Debt-to-Equity is 4.24, which is 151% above median its 10-year median of 1.69 and 934.1% above the Construction industry median of 0.41. Founder Group's overall GF Score™ is 17/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Founder Group (FGL), the current Debt-to-Equity is 4.24 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Founder Group Ltd is a solar solutions provider in Malaysia, offering end-to-end services for commercial and industrial sectors, as well as large-scale solar power projects, encompassing project design, engineering, and comprehensive project management. Its focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. Large-scale solar projects are utility scale solar PV power plants with installed generating capacity of 1 MWac or more. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses, and commercial stores. Its revenue is derived from Malaysia.
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