FBGL (FBS Global) ROA %: -18.36% (As of Dec. 2025)

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FBGL FBS Global Ltd FBGL
32 GF Score
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What is FBS Global ROA %?

FBS Global FBGL -2.61% 32 ROA % is -18.36% as of Dec. 2025. GuruFocus rates FBGL with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 1,783 Construction companies, FBS Global ranks worse than 91.03% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. FBS Global's annualized Net Income for the quarter that ended in Dec. 2025 was $-3.53 Mil. FBS Global's average Total Assets over the quarter that ended in Dec. 2025 was $19.24 Mil. Therefore, FBS Global's annualized ROA % for the quarter that ended in Dec. 2025 was -18.36%.

The historical rank and industry rank for FBS Global's ROA % or its related term are showing as below:

FBGL' s ROA % Range Over the Past 10 Years
Min: -9.5   Med: -1.75   Max: 9.97
Current: -9.44

During the past 6 years, FBS Global's highest ROA % was 9.97%. The lowest was -9.50%. And the median was -1.75%.

FBGL's ROA % is ranked worse than
91.03% of 1783 companies
in the Construction industry
Industry Median: 2.87 vs FBGL: -9.44

FBS Global  (NAS:FBGL) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-3.532/19.2355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.532 / 27.916)*(27.916 / 19.2355)
=Net Margin %*Asset Turnover
=-12.65 %*1.4513
=-18.36 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


FBS Global ROA % Related Terms


FBS Global ROA % Historical Data

* Premium members only.

The historical data trend for FBS Global's ROA % 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.

FBS Global ROA % Chart

FBS Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 9.97 0.38 0.03 -4.76 -9.50

FBS Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.21 0.27 -10.05 2.66 -18.36

FBGL vs MSGY, MIMI, MGN: ROA % Comparison

For the Engineering & Construction subindustry, FBS Global's ROA %, along with its competitors' market caps and ROA % 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.


FBS Global ROA % vs Construction Industry

For the Construction industry and Industrials sector, FBS Global's ROA % distribution charts can be found below:

* The bar in red indicates where FBS Global's ROA % falls into.


FBGL
32GF Score
FBS Global Ltd FBGL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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FBS Global ROA % Calculation

FBS Global's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-1.577/( (11.621+21.567)/ 2 )
=-1.577/16.594
=-9.50 %

FBS Global's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-3.532/( (16.904+21.567)/ 2 )
=-3.532/19.2355
=-18.36 %

* 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 ROA %, the net income of the last fiscal year and the average total 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -18.36% mean?
FBS Global (FBGL) has a ROA % of -18.36% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on FBS Global and its competitors. According to the industry distribution chart, FBS Global ranks #1623 out of 1783 companies in the Construction industry, placing it in the top 91%.
Is FBS Global's ROA % too high?
FBS Global's current ROA % is -18.36%. Based on the distribution chart, FBS Global ranks #1623 out of 1783 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, FBS Global has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does FBS Global's ROA % compare to MSGY and MIMI?
According to the Construction industry distribution chart, FBS Global ranks #1623 out of 1783 companies for ROA %. This places FBS Global in the lower half of its industry. The industry median ROA % is 2.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Construction company?
The median ROA % among Construction companies is 2.87, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on FBS Global and its competitors. For the Construction industry, the median ROA % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FBS Global's current ROA % is -18.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FBS Global stock overvalued right now?
FBS Global (FBGL) has a current ROA % of -18.36%. The current ROA % is -18.36%. FBS Global's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For FBS Global (FBGL), the current ROA % is -18.36% 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.

FBS Global Business Description

Address 74 Tagore Lane, No. 02-00 Sindo Industrial Estate, Singapore, SGP, 787498
FBS Global Ltd is a green building contractor and an established interior fit-out specialist in institutional, residential, commercial, and industrial building projects. As a green contractor focused on environmentally sound practices, the company aims to bid tenders for green building projects, use green construction methods and green materials for construction projects, including design, supply, and installation of ceilings, partitions, timber deck, carpet, acoustic wall paneling, built-in furniture, as well as mechanical and electrical services of a building. The company's revenue is derived mainly from the construction contracts and sales of construction materials.
32GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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