Fgi Industries Ltd. (FGI) intrinsic value & 10-year financials

Fgi Industries Ltd. (FGI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue shrank 8.0% a year to $130.5M, with an average return on invested capital of 7.2%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$7.49
Market cap
$14.4M
Revenue (FY2025)
$130.5M
Revenue growth (6-yr CAGR)
-8.0%
ROIC (10-yr avg)
7.2%
Free cash flow (FY2025)
-$212.5K

FGI 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $130.5M -$6.1M -$3.20 -$212.5K -1.8% -5.9%
FY2024 $131.8M -$1.2M -$0.13 -$9.6M -1.6% -3.6%
FY2023 $117.2M $733.6K $0.07 $549.3K 2.0% 3.4%
FY2022 $161.7M $3.7M $0.39 -$84.0K 3.1% 14.9%
FY2021 $181.9M $7.9M $1.13 -$3.3M 4.2% 27.3%
FY2020 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

FGI Industries Ltd. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

FGI Industries Ltd. has historically struggled to out-earn its cost of capital, averaging just 7.2% ROIC.

FGI Industries Ltd. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, FGI Industries Ltd. is modeled at -8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.45 per share.

FGI stock: frequently asked questions

What is the intrinsic value of Fgi Industries Ltd. (FGI) stock?

Graham's formula only works with positive earnings. Fgi Industries Ltd. reported diluted EPS of -$3.20 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Fgi Industries Ltd. generate free cash flow?

Fgi Industries Ltd. generated -$212.5K of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 1 of the last 5 reported years.

What is FGI's return on invested capital?

Average ROIC over the last 6 fiscal years was 7.2%, and average return on equity was 33.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this FGI data come from?

From Fgi Industries Ltd.'s annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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