FGI Industries Ltd.

FGI Consumer Cyclical Furnishings Fixtures & Appliances

FGI Industries Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $130.5 million, down 0.98% from fiscal 2024.

Revenue
+2.86%
EPS
+204.7%
Free cash flow
+22.8%

Quarter to June 2026, against a year earlier

7.42 0.00 0.00%
Market cap
$14.3M
P/E
0.0×
Fwd P/E
−11.0×
Dividend yield
—
F-score
4/9
Altman Z
1.96
Beneish M
−3.15
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 73.06%

Capital & Financial Ratios $m

Size
Market Cap 14.33
Revenue ttm 128.71
Net income ttm (4.96)
Free cash flow ttm 1.73
Net debt Q (4.42)
Valuation
P/E 0.00
Forward P/E (11.00) (negative: loss-making)
Price / sales 0.11
Forward P/S Powerpack
Price / FCF 8.26
Price / book 0.95
Financial health
Current ratio Q 1.18
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 3.11
Growth
Revenue growth Q +2.86% (above 0%: growing)
Operating income growth Q +268.28% (above 0%: growing)
EPS, this year +115.01% (at or above 15%: strong)
EPS, next year A +100.00% (at or above 15%: strong)
Revenue, next year A +3.43%
EPS, past 5 yrs —
EPS, next 5 yrs A +52.86% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 57.79%
10-year low 10-year high
P/B against its own 10 years 78.77%
10-year low 10-year high
EV/Sales against its own 10 years 73.11%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 8 5 2 4
Receivables 24 32 31 31
Inventory 10 14 15 12
Other 5 2 3 4
46 53 52 52
2023 2024 2025 Q'26
Payables 15 20 25 23
ST’ Debt — — — —
Other — — — —
28 43 44 44

Compound Annual Growth %

10y 5y 3y
Sales — (0.65%) (6.89%)
Cash Flow — (34.96%) (11.77%)
Earnings — 0.00% 0.00%
Book Value — 59.09% (11.79%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.50) 0.65 — — —
’25 (0.33) (0.64) (0.86) (1.37) (3.20)
’24 (0.20) 0.10 (0.30) (0.20) (0.65)
’23 (0.15) 0.05 0.20 0.25 0.35
’22 0.25 0.50 0.55 0.35 1.95
’21 2.12 1.79 1.00 0.75 5.65
’20 — — — — 3.38
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 31 32 — — —
’25 33 31 36 30 131
’24 31 29 36 36 132
’23 27 29 30 31 117
’22 44 48 39 32 162
’21 36 42 51 52 182
’20 — — 36 — 135
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 0 2 — — —
’25 (2) 2 (2) 2 1
’24 (8) 1 (1) 1 (7)
’23 (1) 1 (1) 4 2
’22 (9) (4) 7 7 1
’21 (1) 1 0 (4) (3)
’20 — — — 6 6
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 2 — — —
’25 (2) 2 (2) 2 0
’24 (9) 0 (1) 0 (10)
’23 (1) 0 (2) 3 0
’22 (9) (4) 5 8 0
’21 (1) 1 0 (4) (3)
’20 — — — 6 6
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 126 135 182 162 117 132 131 129 +0.6% 135 142 — +4.4%
Gross margin, % — — — 20.14 21.07 17.70 19.48 27.36 26.88 27.01 28.33 +6.9 pt
EBT — — — 2 6 9 5 1 (2) (4) (1) n/m
EBT margin, % — — — 1.56 4.08 4.87 2.81 1.18 (1.73) (3.32) (0.82) (4.9) pt
Net income — 0 — 2 5 8 4 1 (2) (7) (5) n/m
Per share, $
Per share, $ Revenue — — — 13.29 96.31 129.96 86.61 61.54 68.91 68.05 66.68 +31.3%
Earnings — — — 0.17 3.38 5.65 1.95 0.40 (0.65) (3.20) (2.06) n/m
Cash flow — — — 0.14 4.13 (2.30) 0.53 1.16 (3.88) 0.35 1.19 +17.1%
Capex — — — (0.02) (0.04) (0.04) (0.57) (0.93) (1.50) (0.53) (0.29) +66.8%
Free cash flow — — — 0.11 4.09 (2.34) (0.04) 0.23 (5.38) (0.18) 0.90 n/m
Book value — — — 0.38 1.09 5.39 12.18 12.61 11.27 8.14 7.81 +66.6%
Shares, m — — — 10 1 1 2 2 2 2 2 (23.4%)
Valuation, ×
Valuation, × P/E — — — 3.45 3.45 3.45 5.50 21.13 0.00 0.00 0.00 5.3
P/S — — — 0.15 0.15 0.15 0.13 0.14 0.06 0.08 0.11 0.1
P/B — — — 3.62 3.62 3.62 0.90 0.67 0.34 0.70 0.95 1.9
EV/Sales — — — 0.13 0.13 0.13 0.06 0.07 0.02 0.07 0.08 0.1
EV/FCF — — — (7.16) (7.16) (7.16) (125.41) 6.06 (0.28) (26.37) 5.71 (23.9)
Cash, $m
Cash, $m Operating cash flow — — — 1 6 (3) 1 2 (7) 1 2 (10.3%)
Capex — — — 0 0 0 (1) (2) (3) (1) (1) +27.7%
Free cash flow — — — 1 6 (3) 0 0 (10) 0 2 n/m
Balance, $m
Balance, $m Working capital — — — 0 (2) 1 16 18 10 8 8 n/m
Net debt — — — (2) (4) (4) (10) (8) (5) (2) (4) (3.9%)
Shareholders’ equity — — — 4 2 8 23 24 22 16 15 +27.6%
Returns, %
Returns, % ROA — — — 7.95 11.18 13.83 5.68 1.16 (1.70) (8.47) (5.67) (16.4) pt
ROIC — — — 127.86 0.00 131.70 25.10 8.86 (7.72) (10.95) 2.47 (138.8) pt
ROE — — — 60.99 183.64 174.11 24.29 3.14 (5.27) (33.03) (22.37) (94.0) pt
People
People Employees — — — — 130 136 145 287 420 426 — +26.8%
Revenue/emp, $m — — — 0.00 1.04 1.34 1.12 0.41 0.31 0.31 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

FGI Industries Ltd. vs peers in Furnishings Fixtures & Appliances (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VIRC Virco Manufacturing Corporation $94.1M — (loss-making) 34.4× −5.02% (below 0%: shrinking) −15.38% (below 0%: shrinking) +224.00% (above 0%: growing) 40.03% 12.06% Compare
VIOT Viomi Technology Co., Ltd. Sponsored ADR $47.9M — (loss-making) — (loss-making) −44.49% (below 0%: shrinking) n/m −1,075.29% (below 0%: shrinking) 22.74% (6.52%) Compare
MWYN Marwynn Holdings, Inc. $27.9M — (loss-making) — +2,540.19% (above 0%: growing) n/m −245.64% (below 0%: shrinking) 21.57% (7.71%) Compare
CRWS Crown Crafts, Inc. $27.6M 5.4× 8.2× +8.32% (above 0%: growing) n/m +3.72% (above 0%: growing) 47.90% 16.69% Compare
EFOI Energy Focus, Inc. $23.5M — (loss-making) — (loss-making) +228.00% (above 0%: growing) n/m −280.93% (below 0%: shrinking) (6.80%) (23.15%) Compare
FGI FGI Industries Ltd. $14.3M — (loss-making) — (loss-making) +2.86% (above 0%: growing) n/m +22.78% (above 0%: growing) 33.44% 4.39%
PRPL PURPLE INNOVATION, INC. $11.1M — (loss-making) — (loss-making) −18.74% (below 0%: shrinking) n/m +454.71% (above 0%: growing) 43.44% (10.12%) Compare
NCLX Northann Corp. $8.5M — (loss-making) — +44.33% (above 0%: growing) n/m −39.01% (below 0%: shrinking) (9.97%) (57.47%) Compare
SNBRQ Sleep Number Corporation $2.9M — (loss-making) — (loss-making) −18.89% (below 0%: shrinking) n/m −82.59% (below 0%: shrinking) 57.88% (11.55%) Compare
Median of peers $25.5M — — +1.65% — −60.80% 31.38% (8.92%)

All 30 Furnishings Fixtures & Appliances stocks →

Pay and ownership Proxy statement filed 30 April 2026

Ownership

Directors and executive officers, together 2.40%
Foremost Groups Ltd. 70.70%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

FGI Industries Ltd. (FGI) Latest News

19 Aug

Impact 3 · · The Motley Fool transcript

12 May

15 Apr

10 Apr

8 Apr

Impact 4 · · The Motley Fool transcript

11 Dec

stockrow.com/FGI · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com