FGL (Founder Group) ROC %: -3.39% (As of Dec. 2025)


FGL Founder Group Ltd FGL
17 GF Score
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! 6 Warning Signs
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What is Founder Group ROC %?

Founder Group FGL -4.20% 17 ROC % is -3.39% as of Dec. 2025. GuruFocus rates FGL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Founder Group's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -3.39%.

As of today (2026-06-26), Founder Group's WACC % is 7.41%. Founder Group's ROC % is -2.50% (calculated using TTM income statement data). Founder Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Founder Group  (NAS:FGL) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Founder Group's WACC % is 7.41%. Founder Group's ROC % is -2.50% (calculated using TTM income statement data). Founder Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.

Founder Group ROC % Related Terms

Founder Group ROC % Historical Data

* Premium members only.

The historical data trend for Founder Group's ROC % 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.

Founder Group ROC % Chart

Founder Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
58.73 88.14 42.27 -2.51 -2.30

Founder Group Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC % Get a 7-Day Free Trial 32.96 -6.44 -0.23 -1.39 -3.39
FGL
17GF Score
Founder Group Ltd FGL
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Founder Group ROC % Calculation

Founder Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-0.559 * ( 1 - 0% )/( (14.49 + 34.021)/ 2 )
=-0.559/24.2555
=-2.30 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=25.638 - 13.433 - ( 3.119 - max(0, 21.221 - 18.936+3.119))
=14.49

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=46.414 - 7.027 - ( 19.628 - max(0, 34.612 - 39.978+19.628))
=34.021

Founder Group's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-0.882 * ( 1 - 0% )/( (18.082 + 34.021)/ 2 )
=-0.882/26.0515
=-3.39 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=28.781 - 9.146 - ( 5.436 - max(0, 20.31 - 21.863+5.436))
=18.082

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=46.414 - 7.027 - ( 19.628 - max(0, 34.612 - 39.978+19.628))
=34.021

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -3.39% mean?
Founder Group (FGL) has a ROC % of -3.39% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Founder Group and its competitors.
Is Founder Group's ROC % too high?
Founder Group's current ROC % is -3.39%. 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 ROC % compare to MMEX and MDLK?
Founder Group's ROC % of -3.39% can be compared against companies in the Construction industry. The industry median ROC % is 4.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Construction company?
The median ROC % among Construction companies is 4.65, based on 1,755 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Founder Group and its competitors. For the Construction industry, the median ROC % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Founder Group's current ROC % is -3.39%. 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 ROC % of -3.39%. The current ROC % is -3.39%. 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 ROC % calculated?
ROC % is calculated from a company's financial statements. For Founder Group (FGL), the current ROC % is -3.39% 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 Business Description

Address No. 17, Jalan Astana 1D, Bandar Bukit Raja, Klang, SGR, MYS, 41050
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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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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