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Upturn AI Summary - About
FGI Industries Ltd(FGI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FGI
11/09/2026: FGI (1-star) is currently NOT-A-BUY. Pass it for now.
FGI Industries Ltd is a small-cap building products company focused on supplying kitchen and bathroom fixtures to major home retailers. Its primary strengths lie in established retail partnerships and a lean, flexible supply chain that allows it to compete for price-conscious consumers. The main investment story centers on the company’s ability to scale through product diversification and potential housing market recovery. However, the company faces significant risks, including high sensitivity to interest rates and competition from much larger industry players. FGI may suit investors comfortable with cyclical volatility, though those seeking stability should carefully monitor its ability to maintain margins amidst fluctuating housing demand.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is tied heavily to cyclical housing market recovery rather than secular technological disruption. |
| Momentum investor | Weak fit | The stock has historically lacked the consistent upward momentum required for this style. |
| Value investor | Mixed fit | The valuation may appear attractive in certain cycles, but requires a thesis on home improvement spending. |
| Dividend investor | Mixed fit | Dividend policy is subject to change based on the company's capital needs. |
| Low-risk investor | Weak fit | Sensitivity to economic cycles and raw material costs creates volatility unsuitable for low-risk profiles. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Cyclical nature of the business leads to share price fluctuations. |
| Valuation risk | Medium | Valuation is often tied to market perceptions of the housing cycle. |
| Competition risk (large incumbents) | High | Competitors like Masco and Fortune Brands have larger scale and resources. |
| Business quality | Medium | Dependent on external manufacturing partners and retail distribution channels. |
| Dividend income | Medium | Distributions are not guaranteed and depend on financial health. |
| Execution risk | Medium | Operational success relies on efficient supply chain management. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -76.07% | Avg. Invested days 11 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 14.21M USD | Price to earnings Ratio - | 1Y Target Price 10 |
Price to earnings Ratio - | 1Y Target Price 10 | ||
Volume (30-day avg) 10.6K shares | Beta 2.28 | 52 Weeks Range 3.14 - 12.43 | Updated Date 11/08/2026 |
52 Weeks Range 3.14 - 12.43 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -2.06 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Sanitaryware Sales | Sale of toilets and sinks to major home improvement retailers. | Revenue is driven by how much consumers renovate their bathrooms. |
| Cabinetry Sales | Sale of kitchen and bathroom cabinets. | A key growth driver tied to kitchen remodeling trends. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 3.24 | Enterprise Value 33.47M | Price to Sales(TTM) 0.11 |
Enterprise Value 33.47M | Price to Sales(TTM) 0.11 | ||
Enterprise Value to Revenue 0.26 | Enterprise Value to EBITDA 9.95 | Shares Outstanding 1.93M | Shares Floating 517.64K |
Shares Outstanding 1.93M | Shares Floating 517.64K | ||
Percent Insiders 72.95 | Percent Institutions 1.23 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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