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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. In the quarter to June 2026, revenue grew 2.86%, EPS grew 204.7% and free cash flow grew 22.8%, each against the same quarter a year earlier.

7.49 0.02 −0.27%
Market cap
$14.5M
P/E
0.0×
Fwd P/E
−8.3×
Dividend yield
—
F-score
4/9
Altman Z
1.96
Beneish M
−3.15
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 73.06%

Capital & Financial Ratios $m

Market Cap 14.50
Revenue 128.71
Net Income (4.96)
Free Cash Flow 1.73
Net Debt (4.42)
Current Ratio 1.18
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (8.25) (negative: loss-making)
P/S ratio 0.11
P/B ratio 0.96
Past 5Y EPS Growth —
This Y EPS Growth 115.01% (at or above 15%: strong)
Next Y EPS Growth 100.00% (at or above 15%: strong)
Next Y revenue growth 3.43%
Next 5Y EPS Growth 52.86% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.1×, against a ten-year median of 0.1×; over the ten years it ranged from 0.0× in 2024 to 0.2× in 2022.
P/S against its own 10 years 58.97%
10-year low 10-year high
P/B against its own 10 years 79.95%
10-year low 10-year high
EV/Sales against its own 10 years 74.56%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

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%)

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.

EPS $

Mar Jun Sep Dec Year
’26 (0.50) 0.65 — — —
’25 (0.35) (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.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — 9.74 6.30 3.50 2.29

Analyst estimates 2026–2028

Powerpack
High — — — — — — 31.25 12.30 9.25 12.62
People
People Employees — — — — 130 136 145 287 420 426
Revenue/emp, $m — — — 0.00 1.04 1.34 1.12 0.41 0.31 0.31
Income, $m
Income, $m Revenue — — — 126 135 182 162 117 132 131
Gross margin, % — — — 20.14 21.07 17.70 19.48 27.36 26.88 27.01
EBT — — — 2 6 9 5 1 (2) (4)
EBT margin, % — — — 1.56 4.08 4.87 2.81 1.18 (1.73) (3.32)
Net income — 0 — 2 5 8 4 1 (2) (7)
Depreciation — — — 1 0 0 0 2 3 3
Per share, $
Per share, $ Revenue — — — 13.29 96.31 129.96 86.61 61.54 68.91 68.05
Earnings — — — 0.17 3.38 5.65 1.95 0.40 (0.65) (3.20)
Cash flow — — — 0.14 4.13 (2.30) 0.53 1.16 (3.88) 0.35
Capex — — — (0.02) (0.04) (0.04) (0.57) (0.93) (1.50) (0.53)
Free cash flow — — — 0.11 4.09 (2.34) (0.04) 0.23 (5.38) (0.18)
Book value — — — 0.38 1.09 5.39 12.18 12.61 11.27 8.14
Shares, m — — — 10 1 1 2 2 2 2
Valuation, ×
Valuation, × P/E — — — 3.45 3.45 3.45 5.50 21.13 0.00 0.00
P/S — — — 0.15 0.15 0.15 0.13 0.14 0.06 0.08
P/B — — — 3.62 3.62 3.62 0.90 0.67 0.34 0.70
EV/Sales — — — 0.13 0.13 0.13 0.06 0.07 0.02 0.07
EV/FCF — — — (7.16) (7.16) (7.16) (125.41) 6.06 (0.28) (26.37)
Cash, $m
Cash, $m Operating cash flow — — — 1 6 (3) 1 2 (7) 1
Capex — — — 0 0 0 (1) (2) (3) (1)
Free cash flow — — — 1 6 (3) 0 0 (10) 0
Balance, $m
Balance, $m Working capital — — — 0 (2) 1 16 18 10 8
Total debt — — — 17 21 23 19 — — —
Net debt — — — (2) (4) (4) (10) (8) (5) (2)
Shareholders’ equity — — — 4 2 8 23 24 22 16
Returns, %
Returns, % ROA — — — 7.95 11.18 13.83 5.68 1.16 (1.70) (8.47)
ROIC — — — 127.86 0.00 131.70 25.10 8.86 (7.72) (10.95)
ROE — — — 60.99 183.64 174.11 24.29 3.14 (5.27) (33.03)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
KEQU Kewaunee Scientific Corporation $93.2M 11.5× — (loss-making) −6.73% (below 0%: shrinking) −45.37% (below 0%: shrinking) −76.02% (below 0%: shrinking) 29.61% 4.76% Compare
VIOT Viomi Technology Co., Ltd. Sponsored ADR $46.3M — (loss-making) 7.8× −44.49% (below 0%: shrinking) n/m −1,075.29% (below 0%: shrinking) 22.74% (6.52%) Compare
MWYN Marwynn Holdings, Inc. $39.0M — (loss-making) — +2,540.19% (above 0%: growing) n/m −245.64% (below 0%: shrinking) 21.57% (7.71%) Compare
CRWS Crown Crafts, Inc. $26.2M 5.1× 8.2× +8.32% (above 0%: growing) n/m +3.72% (above 0%: growing) 47.90% 16.69% Compare
EFOI Energy Focus, Inc. $18.2M — (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. $14.5M — (loss-making) — (loss-making) +2.86% (above 0%: growing) n/m +22.78% (above 0%: growing) 33.44% 4.39%
PRPL PURPLE INNOVATION, INC. $9.9M — (loss-making) — (loss-making) −6.50% (below 0%: shrinking) n/m +76.33% (above 0%: growing) 45.19% (4.32%) 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 $22.2M — — +0.91% — −79.30% 26.18% (7.11%)

All 31 Furnishings Fixtures & Appliances stocks →

FGI Industries Ltd. (FGI) key facts

  • Concern: FGI Industries Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $130.5 million, down 0.98% from fiscal 2024.
  • FGI Industries Ltd. (FGI) is a Furnishings Fixtures & Appliances company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 16, 2026, FGI traded at $7.49, a market capitalization of $14.5 million.
  • Return on equity was −33.0% and debt-to-equity 0.00.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.96 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

FGI Industries Ltd. (FGI) Latest News

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stockrow.com/FGI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com