FBGL (FBS Global) ROE %: -39.96% (As of Dec. 2025)

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FBGL FBS Global Ltd FBGL
32 GF Score
Price $0.51
! 3 Warning Signs
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What is FBS Global ROE %?

FBS Global FBGL -2.61% 32 ROE % is -39.96% as of Dec. 2025. GuruFocus rates FBGL with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 1,747 Construction companies, FBS Global ranks worse than 90.9% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Dec. 2025 was $8.84 Mil. Therefore, FBS Global's annualized ROE % for the quarter that ended in Dec. 2025 was -39.96%.

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

FBGL' s ROE % Range Over the Past 10 Years
Min: -36.79   Med: -8.57   Max: 65.84
Current: -22.68

During the past 6 years, FBS Global's highest ROE % was 65.84%. The lowest was -36.79%. And the median was -8.57%.

FBGL's ROE % is ranked worse than
90.9% of 1747 companies
in the Construction industry
Industry Median: 6.74 vs FBGL: -22.68

FBS Global  (NAS:FBGL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-3.532/8.838
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.532 / 27.916)*(27.916 / 19.2355)*(19.2355 / 8.838)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.65 %*1.4513*2.1765
=ROA %*Equity Multiplier
=-18.36 %*2.1765
=-39.96 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-3.532/8.838
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.532 / -3.532) * (-3.532 / -3.4) * (-3.4 / 27.916) * (27.916 / 19.2355) * (19.2355 / 8.838)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0388 * -12.18 % * 1.4513 * 2.1765
=-39.96 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


FBS Global ROE % Related Terms


FBS Global ROE % Historical Data

* Premium members only.

The historical data trend for FBS Global's ROE % 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 ROE % Chart

FBS Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 65.84 1.55 0.11 -17.24 -23.90

FBS Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 22.47 0.95 -35.71 7.02 -39.96

FBGL vs MSGY, MIMI, MGN: ROE % Comparison

For the Engineering & Construction subindustry, FBS Global's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry

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

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


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

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-1.577/( (3.169+10.025)/ 2 )
=-1.577/6.597
=-23.90 %

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

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=-3.532/( (7.651+10.025)/ 2 )
=-3.532/8.838
=-39.96 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -39.96% mean?
FBS Global (FBGL) has a ROE % of -39.96% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on FBS Global and its competitors. According to the industry distribution chart, FBS Global ranks #1588 out of 1747 companies in the Construction industry, placing it in the top 90.9%.
Is FBS Global's ROE % too high?
FBS Global's current ROE % is -39.96%. Based on the distribution chart, FBS Global ranks #1588 out of 1747 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 ROE % compare to MSGY and MIMI?
According to the Construction industry distribution chart, FBS Global ranks #1588 out of 1747 companies for ROE %. This places FBS Global in the lower half of its industry. The industry median ROE % is 6.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Construction company?
The median ROE % among Construction companies is 6.74, based on 1,747 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on FBS Global and its competitors. For the Construction industry, the median ROE % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FBS Global's current ROE % is -39.96%. 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 ROE % of -39.96%. The current ROE % is -39.96%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For FBS Global (FBGL), the current ROE % is -39.96% 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

Get the complete analysis for FBGL

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

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