Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Founder Group Ltd. is a holding company, which engages in the supply and installation of solar systems and other engineering works involving civil, structural, mechanical, and electrical engineering. It operates through the Large-Scale Solar and Commercial and Industrial segments. The Large-Scale Solar segment offers ground mounted solar projects designed to supply power to the power grid. The Commercial and Industrial segment provides solar projects systems installed on rooftops designed to generate electricity for commercial and industrial properties such as factories, warehouses, and commercial stores. The company was founded by Lee Seng Chi on April 13, 2021 and is headquartered in Klang, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.