Is FGI a good stock to buy right now?

Based on our 6-factor quantitative model, FGI Industries Ltd. (FGI) receives a "Hold" rating with a composite score of 45.7/100. It is ranked #1,868 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 52/100, Momentum 49/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for FGI?

FGI Industries Ltd. (FGI) has a "Hold" rating and 3-star score. The composite score of 45.7 ranks it #1,868 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is FGI in?

FGI Industries Ltd. operates in the Materials sector (Construction Materials industry) with a market cap of $7 million. It is classified as a micro-cap stock.

Does FGI pay a dividend?

FGI does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is FGI's P/E ratio?

P/E ratio data is not currently available for FGI, which may indicate the company is not yet profitable.

How profitable is FGI?

FGI's quality factor score is 50/100. Gross margin: 26.8%. ROE: -26.2% vs sector average 3.3%. Margins are moderate to low, reflecting competitive market dynamics.

How is FGI valued compared to peers?

FGI's value factor score is 52/100 (higher = cheaper). Key multiples: , EV/EBITDA 5.4x. Valuation is roughly in line with peers.

What is FGI's debt level?

FGI's debt-to-equity ratio is 296%. Sector average: 41%. Elevated leverage increases credit risk.

FGI has a beta of -0.57, meaning it is less volatile than the market. Stability score: 32/100.

Does FGI have high short interest?

FGI's short interest factor score is 48/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

FGI Stock Analysis: Top Micro-Cap Hold (Score 45.7/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
FGI	-13.44%	-4.68%	-10.49%	-35.61%	+619.75%	-	-	-
Industry Proxy XLB	+0.56%	+3.07%	+4.17%	+14.58%	-33.54%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-13.38%	-8.28%	-10.82%	-35.25%	+590.22%	-	-	-
Alpha vs Sector	-14.00%	-7.75%	-14.66%	-50.19%	+653.29%	-	-	-

Metric	FGI	Benchmark
P/E Ratio	-1.6x	-106%
EV/EBITDA	5.4x	-10%
Price / Book	0.4x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
CF CF Industries Holdings, Inc.	57	50	72	66	11.8x	21.1%	36.2%	24.9%	5.5%	41.0x	$19.7B	VS
NTR Nutrien Ltd.	57	37	70	64	54.2x	11.5%	29.0%	2.7%	-	52.0x	$35.9B	VS
UAN CVR PARTNERS, LP	56	50	71	67	12.0x	42.4%	28.5%	17.8%	23.1%	265.0x	$1.3B	VS
LXU LSB INDUSTRIES, INC.	54	50	54	73	41.2x	-3.3%	8.6%	-4.5%	11.0%	85.0x	$1.1B	VS
AA Alcoa Corp	54	50	61	71	18.7x	16.6%	10.0%	8.0%	3.1%	40.0x	$19.0B	VS
MEOH METHANEX CORP	53	34	76	72	24.6x	47.8%	19.1%	6.7%	-	149.0x	$4.6B	VS
NGVT Ingevity Corp	53	50	68	66	53.4x	-638.7%	38.1%	-12.1%	-14.7%	5,459.0x	$2.5B	VS
SEE SEALED AIR CORP/DE	52	50	67	59	11.2x	44.7%	30.2%	10.4%	0.5%	318.0x	$6.2B	VS
ACU ACME UNITED CORP	51	50	71	51	16.4x	9.0%	39.4%	5.2%	-11.5%	45.0x	$171M	VS
APD Air Products & Chemicals, Inc.	51	50	49	50	179.2x	2.4%	31.6%	2.2%	3.9%	114.0x	$64.4B	VS
FGI FGI Industries Ltd.	46	50	52	49	-	-26.2%	26.8%	-3.6%	22.1%	296.0x	$7M

Key Ratio	TTM	2025	2024	2023	2022	2021
Gross Margin %	0.3%	0.3%	0.3%	0.3%	0.2%	0.2%
Operating Margin %	-0.0%	0.0%	-0.0%	0.0%	0.0%	0.0%
EBITDA Margin %	-0.0%	0.0%	-0.0%	0.0%	0.0%	0.1%
Net Margin %	-0.0%	-0.1%	-0.0%	0.0%	0.0%	0.0%
FCF Margin %	0.6%	-	-	-	-	-1.8%
ROE %	-0.3%	-0.1%	-0.1%	0.0%	0.2%	1.0%
ROA %	-0.1%	-0.0%	-0.0%	0.0%	0.1%	0.1%
ROIC %	-4.7%	1.6%	-7.7%	7.6%	17.7%	33.3%

Line Item	TTM	2024	2023	2022	2021
	$136M	$132M	$117M	$162M	$182M
	—	$96M	$85M	$130M	—
	$36M	$35M	$32M	$32M	$32M
Gross Margin	26.8%	26.9%	27.4%	19.5%	17.7%
	—	$2M	$1M	$1M	$646K
Depreciation	—	—	$2M	$219K	$287K
Total Operating Expenses	—	$38M	$30M	$26M	—
	-$2M	-$2M	$2M	$5M	$8M
EBIT	-$2M	-$2M	$2M	$5M	$8M
EBITDA	-$2M	-$2M	$4M	$5M	$10M
Operating Margin	-1.4%	-1.6%	2.0%	3.1%	4.3%
EBITDA Margin	-1.1%	-1.6%	3.7%	3.3%	5.2%
	—	—	$750K	$601K	$411K
	—	-$2M	$1M	$5M	—
Income Tax Expense	—	-$548K	$808K	$861K	$962K
	-$5M	-$2M	$580K	$4M	$8M
Net Margin	-3.6%	-1.3%	0.5%	2.3%	4.3%
	$-0.86	$-0.13	$0.08	$0.39	$1.13
Diluted EPS	$-0.86	$-0.13	$0.07	$0.39	$1.13
Weighted Avg Basic	—	10M	10M	9M	—
Weighted Avg Diluted	—	10M	10M	9M	—

FGI Industries Ltd. (FGI) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does FGI Industries Ltd. Do?

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; bath furniture products, 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 mass retail centers, wholesale and commercial distributors, online retailers, independent dealers, and distributors. The company was incorporated in 2021 and is based in East Hanover, New Jersey. FGI Industries Ltd. operates as a subsidiary of Foremost Groups Ltd. FGI Industries Ltd. (FGI) is classified as a micro-cap stock in the Materials sector, specifically within the Construction Materials industry. The company is led by CEO David Bruce and employs approximately 140 people. With a market capitalization of $7M, FGI is one of the notable companies in the Materials sector.

FGI Industries Ltd. (FGI) Stock Rating — Hold (April 2026)

As of April 2026, FGI Industries Ltd. receives a Hold rating with a composite score of 45.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.FGI ranks #1,868 out of 4,446 stocks in our coverage universe. Within the Materials sector, FGI Industries Ltd. ranks #123 of 284 stocks, placing it in the upper half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

FGI Stock Price and 52-Week Range

FGI Industries Ltd. (FGI) currently trades at $3.66. The stock lost $0.58 (13.7%) in the most recent trading session. The 52-week high for FGI is $12.62, which means the stock is currently trading -71.0% from its annual peak. The 52-week low is $0.46, putting the stock 701.4% above its annual trough. Recent trading volume was 62K shares, suggesting relatively thin trading activity.

Is FGI Overvalued or Undervalued? — Valuation Analysis

FGI Industries Ltd. (FGI) carries a value factor score of 52/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The price-to-book ratio stands at 0.43x, versus the sector average of 2.83x. The price-to-sales ratio is 0.06x, compared to 0.74x for the average Materials stock. On an enterprise value basis, FGI trades at 5.38x EV/EBITDA, versus 6.01x for the sector.

Overall, FGI's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

FGI Industries Ltd. Profitability — ROE, Margins, and Quality Score

FGI Industries Ltd. (FGI) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -26.2%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -6.6% versus the sector average of 0.6%.

On a margin basis, FGI Industries Ltd. reports gross margins of 26.8%, compared to 29.8% for the sector. The operating margin is -1.4% (sector: 6.0%). Net profit margin stands at -3.6%, versus 3.0% for the average Materials stock. Revenue growth is running at 22.1% on a trailing basis, compared to 1.8% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

FGI Debt, Balance Sheet, and Financial Health

FGI Industries Ltd. has a debt-to-equity ratio of 296.0%, compared to the Materials sector average of 41.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.19x, suggesting adequate working capital coverage. Total debt on the balance sheet is $14M. Cash and equivalents stand at $2M.

FGI has a beta of -0.57, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for FGI Industries Ltd. is 32/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

FGI Industries Ltd. Revenue and Earnings History — Quarterly Trend

In TTM 2026, FGI Industries Ltd. reported revenue of $136M and earnings per share (EPS) of $-0.86. Net income for the quarter was $-5M. Gross margin was 26.8%. Operating income came in at $-2M.

In Q3 2025, FGI Industries Ltd. reported revenue of $36M and earnings per share (EPS) of $-0.86. Net income for the quarter was $-2M. Gross margin was 26.5%. Revenue grew -0.7% year-over-year compared to Q3 2024. Operating income came in at $369,723.

In Q2 2025, FGI Industries Ltd. reported revenue of $31M and earnings per share (EPS) of $-0.64. Net income for the quarter was $-1M. Gross margin was 28.1%. Revenue grew 5.5% year-over-year compared to Q2 2024. Operating income came in at $-832,338.

In Q1 2025, FGI Industries Ltd. reported revenue of $33M and earnings per share (EPS) of $-0.07. Net income for the quarter was $-815,557. Gross margin was 26.8%. Revenue grew 8.0% year-over-year compared to Q1 2024. Operating income came in at $-1M.

Over the past 8 quarters, FGI Industries Ltd. has demonstrated a growth trajectory, with revenue expanding from $31M to $136M. Investors analyzing FGI stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

FGI Dividend Yield and Income Analysis

FGI Industries Ltd. (FGI) does not currently pay a dividend. This is common among smaller companies in the Construction Materials industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

FGI Momentum and Technical Analysis Profile

FGI Industries Ltd. (FGI) has a momentum factor score of 49/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.

FGI vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, FGI Industries Ltd. (FGI) ranks #123 out of 284 stocks based on the Blank Capital composite score. This places FGI in the upper half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing FGI against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FGI vs S&P 500 (SPY) comparison to assess how FGI Industries Ltd. stacks up against the broader market across all factor dimensions.

FGI Next Earnings Date

No upcoming earnings date has been announced for FGI Industries Ltd. (FGI) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy FGI? — Investment Thesis Summary

FGI Industries Ltd. presents a balanced picture with arguments on both sides. High volatility (stability score 32/100) increases portfolio risk.

In summary, FGI Industries Ltd. (FGI) earns a Hold rating with a composite score of 45.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FGI stock.

Related Resources for FGI Investors

Explore more research and tools: FGI vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FGI head-to-head with peers: FGI vs CF, FGI vs NTR, FGI vs UAN.

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