Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
FGI 
FGI Industries Ltd (FGI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: FGI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $8.5
1 Year Target Price $8.5
| 2 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -36.45% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 8.21M USD | Price to earnings Ratio - | 1Y Target Price 8.5 |
Price to earnings Ratio - | 1Y Target Price 8.5 | ||
Volume (30-day avg) 2 | Beta 1.36 | 52 Weeks Range 2.29 - 5.50 | Updated Date 08/29/2025 |
52 Weeks Range 2.29 - 5.50 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.49 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-11 | When - | Estimate -0.03 | Actual -0.64 |
Profitability
Profit Margin -2.07% | Operating Margin (TTM) -2.69% |
Management Effectiveness
Return on Assets (TTM) -3.04% | Return on Equity (TTM) -15.37% |
Valuation
Trailing PE - | Forward PE 3.07 | Enterprise Value 30485008 | Price to Sales(TTM) 0.06 |
Enterprise Value 30485008 | Price to Sales(TTM) 0.06 | ||
Enterprise Value to Revenue 0.23 | Enterprise Value to EBITDA 7.75 | Shares Outstanding 1918310 | Shares Floating 521435 |
Shares Outstanding 1918310 | Shares Floating 521435 | ||
Percent Insiders 72.82 | Percent Institutions 6.5 |
Upturn AI SWOT
FGI Industries Ltd
Company Overview
History and Background
FGI Industries Ltd. was founded in 1996. It started as a supplier of kitchen and bath products and has grown through product development and strategic acquisitions.
Core Business Areas
- Kitchen and Bath Products: Designs, sources, and distributes a wide range of kitchen and bath products, including vanities, sinks, toilets, shower enclosures, and kitchen cabinets.
- Plumbing Supplies: Offers various plumbing supplies, including faucets, fittings, and related accessories.
- Other Home Improvement Products: Provides select other home improvement products.
Leadership and Structure
The leadership team consists of CEO David Bruce and other key executives overseeing various departments. The organizational structure is departmentalized, with teams focused on product development, sales, marketing, and operations.
Top Products and Market Share
Key Offerings
- Vanities: FGI offers a diverse selection of vanities, including various styles, sizes, and finishes. Market share data unavailable but competes with brands such as Kohler, American Standard, and Home Decorators Collection.
- Shower Enclosures: Designs and distributes shower enclosures made from glass and other materials. Market share data unavailable but competes with brands such as DreamLine, Delta, and Kohler.
- Kitchen Cabinets: Manufactures ready-to-assemble (RTA) and semi-custom kitchen cabinets for homeowners. Market share data unavailable but competes with brands such as KraftMaid, Thomasville, and Hampton Bay.
Market Dynamics
Industry Overview
The kitchen and bath industry is influenced by housing market trends, consumer spending, and renovation activities. Growth is driven by new construction and remodeling projects.
Positioning
FGI Industries Ltd. is positioned as a provider of value-engineered products for the residential and commercial markets. It aims to offer affordable options without sacrificing quality.
Total Addressable Market (TAM)
The TAM for kitchen and bath products in the US is estimated to be $150 billion annually. FGI's positioning as a value provider allows them to capture a segment of this market.
Upturn SWOT Analysis
Strengths
- Wide range of product offerings
- Value-engineered products
- Established distribution network
- Strong sourcing capabilities
- Experienced management team
Weaknesses
- Limited brand recognition compared to larger competitors
- Reliance on sourcing from overseas
- Exposure to fluctuations in raw material costs
- Potential challenges with quality control
Opportunities
- Expansion into new geographic markets
- Introduction of innovative products
- Strategic partnerships with retailers
- Growing demand for affordable housing solutions
Threats
- Economic downturns affecting consumer spending
- Increased competition from established brands
- Changes in building codes and regulations
- Disruptions in the supply chain
Competitors and Market Share
Key Competitors
- MSI
- ASGN
- VAC
Competitive Landscape
FGI Industries Ltd. competes with larger, more established brands with greater brand recognition. FGI differentiates itself through value-engineered products and strategic sourcing.
Major Acquisitions
ST Design & Sourcing, LLC
- Year: 2022
- Acquisition Price (USD millions): 10.4
- Strategic Rationale: To enhance sourcing capabilities and product design expertise.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by strategic acquisitions and organic product development. Specific growth rates require further investigation.
Future Projections: Future growth projections depend on market conditions and company-specific strategies. Analyst estimates vary widely based on the overall economic forecast.
Recent Initiatives: Recent initiatives include expanding distribution networks and introducing new product lines.
Summary
FGI Industries Ltd. is a value-driven supplier in the kitchen and bath industry. Its strength lies in offering a broad range of products at competitive prices. The company should focus on improving brand recognition and managing supply chain risks. While it has performed well with an acquisition, further market penetration would secure its presence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- 10K Filings
- Industry Reports
- Press Releases
- Earnings Calls
Disclaimers:
The information provided is based on publicly available data and is intended for informational purposes only. Market share data are estimates and may not be precise. Investment decisions should be based on thorough research and professional advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FGI Industries Ltd
Exchange NASDAQ | Headquaters East Hanover, NJ, United States | ||
IPO Launch date 2022-01-25 | CEO & Director Mr. David Bruce | ||
Sector Consumer Cyclical | Industry Furnishings, Fixtures & Appliances | Full time employees 420 | Website https://www.fgi-industries.com |
Full time employees 420 | Website https://www.fgi-industries.com | ||
FGI Industries ltd. supplies bath and kitchen products retail, wholesale, commercial and specialty channel customers in the United States, Canada, Europe, and internationally. The company offers 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 under the Foremost brand name. It also provides shower related products which include shower walls, doors, and basins under the Craft + Main and Jetcoat brand names; and customer kitchen cabinetry and other accessory items under the Covered Bridge Cabinetry and Craft + Main brand names, as well as products under the avenue, contrac, Jetcoat, and rosenberg 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.