FGI Stock Price, FGI Industries Ltd. Quote, Chart

Market Summary

USD1.040.00

Market Closed

0.00%

FGI Stock Price

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FGI RSI Chart

FGI Valuation

Market Cap

9.9M

Price/Earnings (Trailing)

13.54

Price/Sales (Trailing)

0.08

EV/EBITDA

0.52

Price/Free Cashflow

18.08

FGI Price/Sales (Trailing)

FGI Profitability

Operating Margin

27.36%

EBT Margin

1.18%

Return on Equity

3.03%

Return on Assets

1.12%

Free Cashflow Yield

5.53%

FGI Fundamentals

FGI Revenue

Revenue (TTM)

117.2M

Rev. Growth (Yr)

-2.62%

Rev. Growth (Qtr)

3.42%

FGI Earnings

Earnings (TTM)

733.6K

Earnings Growth (Yr)

-23.77%

Earnings Growth (Qtr)

31.6%

Breaking Down FGI Revenue

Last 7 days

-20%

Last 30 days

-30.7%

Last 90 days

-36.2%

Trailing 12 Months

-43.5%

How does FGI drawdown profile look like?

FGI Financial Health

Current Ratio

1.64

FGI Investor Care

Shares Dilution (1Y)

0.50%

Diluted EPS (TTM)

0.07

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	145.3M	126.7M	118.1M	117.2M
2022	189.1M	194.5M	182.1M	161.7M
2021	0	0	0	181.9M

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Tracking the Latest Insider Buys and Sells of FGI Industries Ltd.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 02, 2022	heysse todd m.	bought	3,809	2.9303	1,300	-
Nov 01, 2022	heysse todd m.	bought	8,220	2.8495	2,885	-
Oct 31, 2022	heysse todd m.	bought	7,867	2.7272	2,885	-
Oct 28, 2022	heysse todd m.	bought	7,423	2.7536	2,696	-
Oct 27, 2022	heysse todd m.	bought	6,878	2.5515	2,696	-
Oct 26, 2022	heysse todd m.	bought	2,762	2.5441	1,086	-
Oct 25, 2022	heysse todd m.	bought	6,301	2.3375	2,696	-
Oct 24, 2022	heysse todd m.	bought	464	2.32	200	-
Oct 21, 2022	heysse todd m.	bought	1,197	2.3033	520	-
Oct 20, 2022	heysse todd m.	bought	7,058	2.2429	3,147	-

Which funds bought or sold FGI recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	added	0.58	4,871	40,264	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	reduced	-99.96	-4,128	2.00	-%
Feb 14, 2024	CLEAR STREET LLC	unchanged	-	-1,000	1,000	-%
Feb 14, 2024	Anson Funds Management LP	unchanged	-	140,788	1,215,220	0.15%
Feb 14, 2024	Hudson Bay Capital Management LP	reduced	-59.91	-51,369	16,631	-%
Feb 14, 2024	PERRITT CAPITAL MANAGEMENT INC	new	-	94,489	94,489	0.05%
Feb 13, 2024	ARMISTICE CAPITAL, LLC	unchanged	-	-74,667	112,000	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	reduced	-5.92	562	9,333	-%
Feb 12, 2024	FIRST WILSHIRE SECURITIES MANAGEMENT INC	reduced	-4.61	104,000	1,430,000	0.46%
Feb 12, 2024	OSAIC HOLDINGS, INC.	reduced	-31.82	-730	2,460	-%

Are Funds Buying or Selling FGI?

Are funds buying FGI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FGI

No. of Funds

Unveiling FGI Industries Ltd.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 12, 2024	first wilshire securities management inc	9.5%	872,056	SC 13G/A
Feb 15, 2023	first wilshire securities management inc	8.3%	790,511	SC 13G

Recent SEC filings of FGI Industries Ltd.

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	S-3	S-3
Apr 08, 2024	3	Insider Trading
Mar 29, 2024	8-K	Current Report
Mar 26, 2024	10-K	Annual Report
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 20, 2024	8-K	Current Report
Feb 12, 2024	SC 13G/A	Major Ownership Report
Jan 31, 2024	8-K	Current Report

Peers (Alternatives to FGI Industries Ltd.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	335.9B	152.7B	-13.16%	12.36%	22.18	2.2	-3.01%	-11.47%
LOW	133.6B	86.4B	-9.65%	11.22%	17.3	1.55	-11.01%	20.02%
DHI	47.0B	37.1B	-8.53%	36.40%	9.46	1.27	10.12%	-4.29%
NVR	24.9B	9.5B	-1.88%	31.07%	15.66	2.62	-9.58%	-7.76%
FND	11.7B	4.4B	-15.55%	11.17%	47.72	2.66	3.50%	-17.51%
MID-CAP
MHK	7.2B	11.1B	-9.41%	15.43%	-16.43	0.65	-5.13%	-1840.86%
IBP	6.8B	2.8B	-7.75%	93.21%	27.7	2.43	4.08%	9.09%
WHR	5.8B	19.5B	-4.84%	-25.04%	11.93	0.3	-1.36%	131.86%
CVCO	3.1B	1.9B	-4.64%	21.25%	18.3	1.69	-14.77%	-30.65%
CCS	2.7B	3.7B	-9.66%	25.98%	10.27	0.72	-18.06%	-50.64%
LEG	2.4B	4.7B	-3.04%	-42.30%	-17.8	0.52	-8.19%	-144.16%
SMALL-CAP
AMWD	1.5B	1.9B	-7.18%	80.97%	12.31	0.79	-10.13%	53.07%
BZH	879.5M	2.1B	-11.49%	61.31%	5.64	0.41	-6.89%	-25.76%
BSET	118.3M	369.0M	-9.40%	-7.90%	-20.37	0.32	-22.39%	-109.49%
CRWS	52.6M	86.7M	-7.89%	-9.19%	11.16	0.61	9.53%	-34.99%

FGI Industries Ltd. News

Latest updates

FGI Industries Ltd. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)												(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Revenue	3.4%	30,957	29,933	29,190	27,162	31,790	38,544	47,809	43,575	52,191	50,886	42,490	36,376
Cost Of Revenue	-0.8%	21,921	22,103	21,180	19,960	24,267	30,503	39,388	36,051	44,623	42,757	33,301	29,059
Gross Profit	15.4%	9,035	7,829	8,010	7,202	7,523	8,041	8,421	7,525	7,567	8,129	9,189	7,317
Operating Expenses	6.0%	7,790	7,348	7,430	7,205	6,519	6,372	6,692	6,834	6,855	6,321	5,868	5,433
S&GA Expenses	28.8%	5,888	4,573	4,801	4,711	4,225	4,268	4,363	4,677	5,001	4,607	4,089	3,940
R&D Expenses	-47.1%	224	424	377	352	266	239	236	314	160	197	155	134
EBITDA Margin	89.8%	0.04*	0.02*	0.03*	0.03*	0.03*	0.03*	0.03*	0.04*	0.05*	-	-	-
Interest Expenses	1059.8%	190	16.00	294	250	203	159	107	132	123	121	86.00	81.00
Income Taxes	138.6%	412	173	191	33.00	38.00	309	385	128	-353	232	628	455
Earnings Before Taxes	67.2%	863	516	280	-270	745	1,581	1,556	658	687	1,628	3,136	3,417
EBT Margin	10.0%	0.01*	0.01*	0.02*	0.02*	0.03*	0.02*	0.02*	0.03*	0.05*	-	-	-
Net Income	31.6%	539	410	88.00	-303	707	1,272	1,171	530	1,041	1,396	2,508	2,961
Net Income Margin	-18.1%	0.01*	0.01*	0.01*	0.02*	0.02*	0.02*	0.02*	0.03*	0.04*	-	-	-
Free Cashflow	310.2%	3,419	-1,626	61.00	-1,304	6,303	6,646	-3,941	-9,091	-4,123	223	1,441	-816

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet									(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-1.8%	65,745	66,947	64,460	58,705	60,367	63,443	70,461	73,868	69,151
Current Assets	-2.0%	46,115	47,058	43,847	37,596	45,888	48,515	58,146	60,604	56,165
Cash Equivalents	44.8%	7,777	5,370	6,895	7,380	10,067	5,981	3,126	8,793	3,884
Inventory	3.0%	9,924	9,634	9,834	9,876	13,293	15,988	18,682	21,581	21,264
Net PPE	35.6%	1,910	1,409	1,427	1,309	1,270	1,593	334	362	388
Liabilities	-4.7%	41,718	43,762	41,633	36,124	37,623	41,295	48,822	53,435	61,601
Current Liabilities	-6.0%	28,044	29,841	27,302	21,513	29,775	32,804	42,411	46,798	54,716
Short Term Borrowings	-12.6%	6,959	7,962	7,864	8,427	9,795	13,008	14,690	16,321	14,657
Shareholder's Equity	4.0%	24,181	23,251	22,827	22,581	22,744	22,148	21,639	20,433	7,550
Retained Earnings	13.9%	4,414	3,875	3,465	3,377	3,680	2,973	1,701	530	-
Additional Paid-In Capital	0.4%	20,878	20,792	20,732	20,580	20,460	20,835	20,719	20,614	-
Shares Outstanding	0.5%	9,548	9,500	9,500	9,500	9,500	9,500	9,169	8,833	7,000
Minority Interest	-133.2%	-154	-66.04	-	-	-	-	-	-	-
Float	-	-	-	4,407	-	-	-	5,775	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)												(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Cashflow From Operations	351.0%	3,985	-1,587	223	-1,230	7,312	6,658	-3,923	-9,066	-4,078	232	1,444	-814
Share Based Compensation	45.1%	86.00	59.00	153	120	123	116	105	40.00	-	-	-	-
Cashflow From Investing	-1610.6%	-667	-39.03	-161	-74.17	287	-1,308	-18.37	-24.38	-41.63	-8.51	-73*	-1.68
Cashflow From Financing	-1118.1%	-1,003	99.00	-562	-1,368	-3,710	-1,682	-1,631	14,035	4,668	-279	303	-1,375

FGI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
REVENUES	$ 117,241,604	$ 161,718,543
COST OF REVENUES	85,164,322	130,209,538
GROSS PROFIT	32,077,282	31,509,005
OPERATING EXPENSES
Selling and distribution	19,971,912	17,533,028
General and administrative	8,424,083	7,830,023
Research and development	1,376,844	1,053,976
Total operating expenses	29,772,839	26,417,027
INCOME FROM OPERATIONS	2,304,443	5,091,978
OTHER INCOME (EXPENSES)
Interest income	10,543	3,159
Interest expense	(749,729)	(600,798)
Other (expenses) income, net	(177,469)	46,211
Total other expenses, net	(916,655)	(551,428)
INCOME BEFORE INCOME TAXES	1,387,788	4,540,550
PROVISION FOR INCOME TAXES
Current	711,518	658,694
Deferred	96,706	201,936
Total provision for income taxes	808,224	860,630
NET INCOME	579,564	3,679,920
Less: net loss attributable to non-controlling shareholders	(154,040)
Net income attributable to FGI Industries Ltd. Shareholders	733,604	3,679,920
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments	284,820	(741,587)
COMPREHENSIVE INCOME	864,384	2,938,333
Less: comprehensive loss attributable to non-controlling shareholders	(154,040)
Comprehensive income attributable to FGI Industries Ltd. Shareholders	$ 1,018,424	$ 2,938,333
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES
Basic (in shares)	9,525,434	9,335,616
Diluted (in shares)	9,821,112	9,341,921
EARNINGS PER SHARE
Basic (in dollars per share)	$ 0.08	$ 0.39
Diluted (in dollars per share)	$ 0.07	$ 0.39

FGI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash	$ 7,777,241	$ 10,067,428
Accounts receivable, net	16,195,543	14,295,859
Inventories, net	9,923,852	13,292,591
Prepayments and other current assets	4,617,751	2,588,081
Prepayments and other receivables - related parties	$ 7,600,283	$ 5,643,649
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type	Related Party [Member]	Related Party [Member]
Total current assets	$ 46,114,670	$ 45,887,608
PROPERTY AND EQUIPMENT, NET	1,910,491	1,269,971
OTHER ASSETS
Intangible assets	102,227
Operating lease right-of-use assets, net	15,203,576	9,815,572
Deferred tax assets, net	1,168,833	1,265,539
Other noncurrent assets	1,245,133	2,128,240
Total other assets	17,719,769	13,209,351
Total assets	65,744,930	60,366,930
CURRENT LIABILITIES
Short-term loans	6,959,175	9,795,052
Income tax payable	189,119	33,350
Operating lease liabilities - current	1,595,998	1,543,031
Accrued expenses and other current liabilities	4,039,499	3,580,359
Total current liabilities	28,043,706	29,775,203
OTHER LIABILITIES
Operating lease liabilities - noncurrent	13,674,452	7,847,317
Total liabilities	41,718,158	37,622,520
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Preference Shares ($0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and December 31, 2022)
Ordinary shares ($0.0001 par value, 200,000,000 shares authorized, 9,547,607 and 9,500,000 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively)	955	950
Additional paid-in capital	20,877,832	20,459,859
Retained earnings	4,413,524	3,679,920
Accumulated other comprehensive loss	(1,111,499)	(1,396,319)
FGI Industries Ltd. shareholders' equity	24,180,812	22,744,410
Non-controlling interests	(154,040)
Total shareholders' equity	24,026,772	22,744,410
Total liabilities and shareholders' equity	65,744,930	60,366,930
Nonrelated Party [Member]
CURRENT LIABILITIES
Accounts payable	14,524,607	14,718,969
Related Party [Member]
CURRENT LIABILITIES
Accounts payable	$ 735,308	$ 104,442

About FGI Industries Ltd.

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, and Europe. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names. It sells its products through home center retailers, online retailers, distributors, and independent dealers. The company was incorporated in 2021 and is headquartered in East Hanover, New Jersey. FGI Industries Ltd. is a subsidiary of Foremost Groups Ltd.

CEO	Mr. David Bruce
WEBSITE	fgi-industries.com
INDUSTRY	Home Improvement Retail
EMPLOYEES	145

FGI Industries Ltd. Frequently Asked Questions

What is the ticker symbol for FGI Industries Ltd.? What does FGI stand for in stocks?

FGI is the stock ticker symbol of FGI Industries Ltd.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FGI Industries Ltd. (FGI)?

As of Tue Apr 23 2024, market cap of FGI Industries Ltd. is 9.93 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FGI stock?

You can check FGI's fair value in chart for subscribers.

What is the fair value of FGI stock?

You can check FGI's fair value in chart for subscribers. The fair value of FGI Industries Ltd. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FGI Industries Ltd. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FGI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FGI Industries Ltd. a good stock to buy?

The fair value guage provides a quick view whether FGI is over valued or under valued. Whether FGI Industries Ltd. is cheap or expensive depends on the assumptions which impact FGI Industries Ltd.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FGI.

What is FGI Industries Ltd.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, FGI's PE ratio (Price to Earnings) is 13.54 and Price to Sales (PS) ratio is 0.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FGI PE ratio will change depending on the future growth rate expectations of investors.