FG Holdings Limited Class A Ordinary Shares (FGO)

FG Holdings Limited Class A Ordinary Shares (FGO) — VMCI valuation read

FG Holdings Limited Class A Ordinary Shares (FGO) carries a VMCI composite of 70/100, 20 points above the Industrials sector median of 50. Among mid-cap names, that gap places FGO in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The FGO insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads FGO trades at 16.0x earnings, 11% below the Industrials median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Industrials 12.0x. Quality: ROIC of 10.0% sits 0.0pp above the Industrials median (10.0%). Risk: net debt to EBITDA of -2.1x leaves covenant headroom, the line to track on FG Holdings Limited Class A Ordinary Shares's next 10-Q.

FGO rose 3.9% over the trailing 7 days, with a +0.5% read on a 30-day basis.