Forum Engineering (FRA:4I5) Total Assets: €106.7 Mil (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:4I5 Forum Engineering Inc FRA:4I5
76 GF Score
Price €9.15
GF Value €5.54
! 6 Warning Signs
View Full Analysis

What is Forum Engineering Total Assets?

Forum Engineering FRA:4I5 76 Total Assets is €106.7 Mil as of Sep. 2025. GuruFocus rates FRA:4I5 with a GF Score™ of 76/100 and a GF Value™ of €5.54. The stock has 6 warning signs investors should review.

Forum Engineering's Total Assets for the quarter that ended in Sep. 2025 was €106.7 Mil.

During the past 12 months, Forum Engineering's average Total Assets Growth Rate was 2.00% per year. During the past 3 years, the average Total Assets Growth Rate was 0.30% per year. During the past 5 years, the average Total Assets Growth Rate was -0.70% per year.

During the past 8 years, Forum Engineering's highest 3-Year average Total Assets Growth Rate was 1.60%. The lowest was -8.40%. And the median was -2.70%.

Total Assets is connected with ROA %. Forum Engineering's annualized ROA % for the quarter that ended in Sep. 2025 was 18.06%. Total Assets is also linked to Revenue through Asset Turnover. Forum Engineering's Asset Turnover for the quarter that ended in Sep. 2025 was 0.49.

Forum Engineering  (FRA:4I5) Total Assets Explanation

Total Assets is connected with ROA %.

Forum Engineering's annualized ROA % for the quarter that ended in Sep. 2025 is

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=19.66/( (111.049+106.679)/ 2 )
=19.66/108.864
=18.06 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Forum Engineering's Asset Turnover for the quarter that ended in Sep. 2025 is

Asset Turnover
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=53.311/( (111.049+106.679)/ 2 )
=53.311/108.864
=0.49

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Forum Engineering Total Assets Related Terms

Forum Engineering Total Assets Historical Data

* Premium members only.

The historical data trend for Forum Engineering's Total 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.

Forum Engineering Total Assets Chart

Forum Engineering Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Total Assets
Get a 7-Day Free Trial 161.46 159.03 123.68 110.03 116.53

Forum Engineering Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.68 116.53 111.05 106.68 102.15
FRA:4I5
76GF Score
Forum Engineering Inc FRA:4I5
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forum Engineering Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Forum Engineering's Total Assets for the fiscal year that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (A: Mar. 2025 )+Total Liabilities (A: Mar. 2025 )
=81.685+34.845
=116.5

Forum Engineering's Total Assets for the quarter that ended in Sep. 2025 is calculated as

Total Assets=Total Equity (Q: Sep. 2025 )+Total Liabilities (Q: Sep. 2025 )
=75.823+30.856
=106.7

* 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 Total Assets →
What does a Total Assets of €106.7 Mil mean?
Forum Engineering (FRA:4I5) has a Total Assets of €106.7 Mil as of Sep. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Forum Engineering and its competitors.
Is Forum Engineering's Total Assets too high?
Forum Engineering's current Total Assets is €106.7 Mil. Overall, Forum Engineering has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Forum Engineering's Total Assets compare to KFY and RHI?
Forum Engineering's Total Assets of €106.7 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Business Services company?
A good Total Assets depends on the Business Services industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Forum Engineering and its competitors. Forum Engineering's current Total Assets is €106.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Engineering stock overvalued right now?
Forum Engineering (FRA:4I5) has a current Total Assets of €106.7 Mil. The stock's GF Value™ is €5.54, compared to a current price of €9.15 — trading 65.2% above its estimated fair value. The current Total Assets is €106.7 Mil. Forum Engineering's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Forum Engineering (FRA:4I5), the current Total Assets is €106.7 Mil as of Sep. 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.

Is Forum Engineering (FRA:4I5) Overvalued in 2026?

Based on GuruFocus' analysis, Forum Engineering stock appears to be overvalued. The current stock price of €9.15 is trading 65.2% above its estimated GF Value™ of €5.54.

Key valuation signals for FRA:4I5:

  • Total Assets: €106.7 Mil
  • GF Value™: €5.54 vs. price of €9.15 (65.2% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the FRA:4I5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Forum Engineering Business Description

Address 4-3-1 Toranomon Minato-ku, Shiroyama Trust Tower 24th Floor, Tokyo, JPN, 105-6024
Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college.
76GF Score

Get the complete analysis for FRA:4I5

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

€9.15
Price
€5.54
GF Value