Founder GroupFGL -3.31%17 Return-on-Tangible-Asset is -7.59% as of Dec. 2025. GuruFocus rates FGL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 1,776 Construction companies, Founder Group ranks worse than 85.98% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Founder Group's annualizedNet Income for the quarter that ended in Dec. 2025 was $-2.85 Mil. Founder Group's average total tangible assets for the quarter that ended in Dec. 2025 was $37.60 Mil. Therefore, Founder Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -7.59%.
The historical rank and industry rank for Founder Group's Return-on-Tangible-Asset or its related term are showing as below:
FGL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.6 Med: 11.89 Max: 19.22
Current: -5.6
During the past 5 years, Founder Group's highest Return-on-Tangible-Asset was 19.22%. The lowest was -5.60%. And the median was 11.89%.
FGL's Return-on-Tangible-Asset is ranked worse than 85.98% of 1776
companies
in the Construction industry
Industry Median: 3.01
vs FGL: -5.60
Founder Group (NAS:FGL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Founder Group Return-on-Tangible-Asset Related Terms
Founder Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Founder Group's Return-on-Tangible-Asset 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: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Founder Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Founder Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Founder Group's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -7.59% mean?
Founder Group (FGL) has a Return-on-Tangible-Asset of -7.59% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Founder Group and its competitors. According to the industry distribution chart, Founder Group ranks #1527 out of 1776 companies in the Construction industry, placing it in the top 86%.
Is Founder Group's Return-on-Tangible-Asset too high?
Founder Group's current Return-on-Tangible-Asset is -7.59%. Based on the distribution chart, Founder Group ranks #1527 out of 1776 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 Return-on-Tangible-Asset compare to MDLK and GRHI?
According to the Construction industry distribution chart, Founder Group ranks #1527 out of 1776 companies for Return-on-Tangible-Asset. This places Founder Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.01, based on 1,776 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Founder Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Founder Group's current Return-on-Tangible-Asset is -7.59%. 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 Return-on-Tangible-Asset of -7.59%. The current Return-on-Tangible-Asset is -7.59%. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Founder Group (FGL), the current Return-on-Tangible-Asset is -7.59% 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.
17GF Score
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