Fortress Minerals (SGX:OAJ) Total Assets: S$182.48 Mil (As of May. 2026)

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SGX:OAJ Fortress Minerals Ltd SGX:OAJ
55 GF Score
Price S$0.24
GF Value S$0.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fortress Minerals Total Assets?

Fortress Minerals SGX:OAJ -6.00% 55 Total Assets is S$182.48 Mil as of May. 2026. GuruFocus rates SGX:OAJ with a GF Score™ of 55/100 and a GF Value™ of S$0.33 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Fortress Minerals's Total Assets for the quarter that ended in May. 2026 was S$182.48 Mil.

During the past 12 months, Fortress Minerals's average Total Assets Growth Rate was 28.40% per year. During the past 3 years, the average Total Assets Growth Rate was 10.40% per year. During the past 5 years, the average Total Assets Growth Rate was 13.30% per year. During the past 10 years, the average Total Assets Growth Rate was 40.80% per year.

During the past 11 years, Fortress Minerals's highest 3-Year average Total Assets Growth Rate was 95.80%. The lowest was 3.60%. And the median was 43.55%.

Total Assets is connected with ROA %. Fortress Minerals's annualized ROA % for the quarter that ended in May. 2026 was 9.46%. Total Assets is also linked to Revenue through Asset Turnover. Fortress Minerals's Asset Turnover for the quarter that ended in May. 2026 was 0.14.


Fortress Minerals  (SGX:OAJ) Total Assets Explanation

Total Assets is connected with ROA %.

Fortress Minerals's annualized ROA % for the quarter that ended in May. 2026 is

ROA %=Net Income (Q: May. 2026 )/( (Total Assets (Q: Feb. 2026 )+Total Assets (Q: May. 2026 ))/ count )
=16.852/( (173.701+182.48)/ 2 )
=16.852/178.0905
=9.46 %

Note: The Net Income data used here is four times the quarterly (May. 2026) 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.

Fortress Minerals's Asset Turnover for the quarter that ended in May. 2026 is

Asset Turnover
=Revenue (Q: May. 2026 )/( (Total Assets (Q: Feb. 2026 )+Total Assets (Q: May. 2026 ))/ count )
=25.107/( (173.701+182.48)/ 2 )
=25.107/178.0905
=0.14

* 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.

Fortress Minerals Total Assets Related Terms


Fortress Minerals Total Assets Historical Data

* Premium members only.

The historical data trend for Fortress Minerals'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.

Fortress Minerals Total Assets Chart

Fortress Minerals Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.92 124.80 130.94 139.42 173.70

Fortress Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 142.55 144.62 156.72 173.70 182.48
SGX:OAJ
55GF Score
Fortress Minerals Ltd SGX:OAJ
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortress Minerals 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.

Fortress Minerals's Total Assets for the fiscal year that ended in Feb. 2026 is calculated as

Total Assets=Total Equity (A: Feb. 2026 )+Total Liabilities (A: Feb. 2026 )
=121.973+51.727
=173.70

Fortress Minerals's Total Assets for the quarter that ended in May. 2026 is calculated as

Total Assets=Total Equity (Q: May. 2026 )+Total Liabilities (Q: May. 2026 )
=124.941+57.538
=182.48

* 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 S$182.48 Mil mean?
Fortress Minerals (SGX:OAJ) has a Total Assets of S$182.48 Mil as of May. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Fortress Minerals and its competitors.
Is Fortress Minerals' Total Assets too high?
Fortress Minerals' current Total Assets is S$182.48 Mil. Overall, Fortress Minerals has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' Total Assets compare to NUE and STLD?
Fortress Minerals' Total Assets of S$182.48 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Assets depends on the Steel 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 Fortress Minerals and its competitors. Fortress Minerals's current Total Assets is S$182.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Minerals stock overvalued right now?
Based on GuruFocus' analysis, Fortress Minerals (SGX:OAJ) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.33, compared to a current price of S$0.24 — trading 28.8% below its estimated fair value. The current Total Assets is S$182.48 Mil. Fortress Minerals' overall GF Score™ is 55/100 with 4 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 Fortress Minerals (SGX:OAJ), the current Total Assets is S$182.48 Mil as of May. 2026. 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 Fortress Minerals (SGX:OAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Minerals stock appears to be undervalued. The current stock price of S$0.24 is trading 28.8% below its estimated GF Value™ of S$0.33. GuruFocus considers Fortress Minerals to be Modestly Undervalued.

Key valuation signals for SGX:OAJ:

  • Total Assets: S$182.48 Mil
  • GF Value™: S$0.33 vs. price of S$0.24 (28.8% below fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Fortress Minerals Business Description

Address 9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in the exploration, mining, production, and sale of iron ore with low levels of impurities. It mines the iron ore from its East, Valley, and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from the sale of iron ore.
55GF Score

Get the complete analysis for SGX:OAJ

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

S$0.24
Price
S$0.33
GF Value