FGL (Founder Group) Scaled Net Operating Assets: 0.66 (As of Dec. 2025)


FGL Founder Group Ltd FGL
17 GF Score
Price $1.37
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What is Founder Group Scaled Net Operating Assets?

Founder Group FGL -4.20% 17 Scaled Net Operating Assets is 0.66 as of Dec. 2025. GuruFocus rates FGL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Founder Group's operating assets for the quarter that ended in Dec. 2025 was $26.79 Mil. Founder Group's operating liabilities for the quarter that ended in Dec. 2025 was $7.65 Mil. Founder Group's Total Assets for the quarter that ended in Jun. 2025 was $28.78 Mil. Therefore, Founder Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.66.


Founder Group Scaled Net Operating Assets Historical Data

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The historical data trend for Founder Group's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Founder Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.27 0.38 0.94 0.49 0.75

Founder Group Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.37 0.55 0.53 0.67

FGL vs MMEX, MDLK, GRHI: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Founder Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Founder Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Founder Group's Scaled Net Operating Assets falls into.


FGL
17GF Score
Founder Group Ltd FGL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Founder Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Founder Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(26.786-7.649)/25.638
=0.75

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46.414 - 19.628
=26.786

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39.013 - 4.401 - 26.963
=7.649

Founder Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(26.786-7.649)/28.781
=0.66

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46.414 - 19.628
=26.786

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39.013 - 4.401 - 26.963
=7.649

* 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.

What does a Scaled Net Operating Assets of 0.66 mean?
Founder Group (FGL) has a Scaled Net Operating Assets of 0.66 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Founder Group and its competitors.
Is Founder Group's Scaled Net Operating Assets too high?
Founder Group's current Scaled Net Operating Assets is 0.66. 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 Scaled Net Operating Assets compare to MMEX and MDLK?
Founder Group's Scaled Net Operating Assets of 0.66 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Construction company?
A good Scaled Net Operating Assets depends on the Construction industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Founder Group and its competitors. Founder Group's current Scaled Net Operating Assets is 0.66. 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 Scaled Net Operating Assets of 0.66. The current Scaled Net Operating Assets is 0.66. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Founder Group (FGL), the current Scaled Net Operating Assets is 0.66 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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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