diff --git a/waflib/Node.py b/waflib/Node.py
index 7d65c5d3..a7571c36 100644
--- a/waflib/Node.py
+++ b/waflib/Node.py
@@ -683,6 +683,7 @@ class Node(object):
 			lst.append(cur.name)
 			cur = cur.parent
 		# the file is external to the current project, make a fake root in the current build directory
+		lst.reverse()
 		return self.ctx.bldnode.make_node(['__root__'] + lst)
 
 	def find_resource(self, lst):