FBS Global Limited Ordinary Shares (FBGL) Stock Score, Valuation & Financial Research

FBS Global Limited Ordinary Shares is in the Industrials sector and Engineering & Construction industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 40/100.

Quick answer for FBGL

FBS Global Limited Ordinary Shares currently has a Wall Street Score of 40/100. The stored market price is USD 3.63. Its financial score is 25/100. Its valuation score is 0/100. The latest WSS change is +7.8 points. These figures are a research snapshot, not a buy or sell recommendation.

What FBS Global Limited Ordinary Shares does

Established in Singapore in 1996, FBS Global Limited is a company dedicated to delivering a comprehensive range of construction and engineering solutions. The firm's operations primarily involve undertaking interior fit-out projects for a diverse clientele, spanning institutional, residential, commercial, and industrial building sectors. Beyond construction, FBS Global also acts as a supplier of essential building materials and precast concrete components. The company actively participates in environmental efforts by recycling construction and industrial waste, and further offers specialized pavement consultancy services. Additionally, it is engaged in research and development activities.

Company business and revenue

Research reporting period: 2025-12-31. A research update is not a new financial filing.

How the company makes money

FBS Global Limited operates as a construction and interior fit-out specialist in Singapore. The company generates revenue primarily through project-based contracts for institutional, residential, commercial, and industrial building projects, providing engineering services and building materials.

Products and services

  • Interior design and build (fit-out) services, construction and engineering services, supply of building materials, precast concrete components, and pavement consultancy services.

Customer types

Government agencies; Property developers; Main contractors.

Suppliers, materials and equipment

  • Building material suppliers — Various third-party vendors providing raw materials and components for construction projects; specific supplier names are unnamed. Source

Business strengths to evaluate

  • Over 20 years of operating track record in Singapore Source

Business risks and research considerations

  • High customer concentration risk Source
  • Dependence on the Singapore construction market Source

Sources: Company research source

Company research refreshed 2026-10-13. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

FBGL financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
40/100
Stored price:
USD 3.63
Market capitalization:
4.9M (currency not supplied)
Revenue:
USD 20.24M
Net income:
USD -1.59M
Free cash flow:
USD -3.28M
Cash:
USD 3.16M
Total debt:
USD 100.85K
EPS:
USD -0.47
Financial score:
25/100
Valuation score:
0/100
Revenue score:
47/100

What stands out

  • Reported year-over-year revenue growth is +86.8%.
  • Free cash flow is USD -3.28M, negative for the stored period.
  • The balance sheet shows USD 3.16M of cash versus USD 100.85K of total debt, an excess of cash over debt on these two reported measures.
  • The latest Wall Street Score change is +7.8 points: FBGL increased 7.8 points because overall fundamentals improved.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Free cash flow is -16.2% of stored revenue. This is a simple cross-field ratio, not a verified same-period cash conversion margin; confirm reporting periods before comparison.
  • Net income equals -7.9% of stored revenue. This is an indicative ratio only; accounting periods and units should be verified in filings.
  • Cash exceeds debt by USD 3.06M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for FBGL

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • Can FBGL sustain its current revenue growth while also converting that growth into durable profit and free cash flow?
  • How long can FBGL fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is FBGL likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for FBGL to reach sustainable profitability?
  • What future growth or profitability would be needed to justify FBGL's current valuation?

What the numbers mean

Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 25/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-01.

Research-input completeness: 100% of the scoring inputs required for this public page are currently available.

How to research FBGL

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.