FBS Global Limited Ordinary Shares (FBGL)

FairStock Score: 41/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I come to FBS Global with Graham's caution and Buffett's preference for durable businesses, and the data give me little comfort. It is a 74-employee Singapore contractor in green building, engineering, materials, precast concrete, and construction-waste recycling. Those are useful services, but I see no evidence in the supplied figures of a durable competitive advantage. The company is unprofitable: the FairStock P/E is -29.25, ROE is -23.65%, and ROCE is -5.54%. At the 2026-10-13 close of $3.51 and an $8.3 million market cap, the P/B of 4.68 is rich for a business earning negative returns. The balance sheet looks lightly levered, with D/E of 0.01, but that is nearly the only bright spot. Financial health is poor by the supplied scores: Piotroski F-Score 3/9 and Altman Z-Score 0.70, the latter in distress territory. The 52-week range of $0.34 to $6.36 shows extreme price volatility. Growth is impossible to judge because revenue and profit growth are N/A. The Lynch category is none because there are only 0 years of filed results, well short of the 3 needed. FairStock Score is 41/100. I want a margin of safety, stable earning power, and a multi-year record. Here I see a speculative microcap with weak returns, no proven growth history, and a price that already assumes a turnaround. That is not a Graham-style bargain.

In plain English: FBS Global is a small Singapore company that provides green building construction, engineering, materials, and waste recycling services. The numbers show it is losing money, has a weak financial profile, and its share price looks high compared with its accounting net worth, so the business looks fragile rather than strong. The stock has also swung wildly between $0.34 and $6.36 in the past year, which points to high uncertainty.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer