FGI IndustriesFGI +24.44%66 Debt-to-Equity is 1.51 as of Mar. 2026, which is 31% above its 10-year median of 1.15. GuruFocus rates FGI with a GF Score™ of 66/100 and a GF Value™ of $5.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 378 Furnishings, Fixtures & Appliances companies, FGI Industries ranks worse than 92.06% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for FGI Industries's Debt-to-Equity or its related term are showing as below:
FGI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 1.15 Max: 13.39
Current: 1.51
During the past 7 years, the highest Debt-to-Equity Ratio of FGI Industries was 13.39. The lowest was 0.84. And the median was 1.15.
FGI's Debt-to-Equity is ranked worse than 92.06% of 378
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.31
vs FGI: 1.51
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
FGI Industries Debt-to-Equity Related Terms
FGI Industries Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for FGI Industries's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Furnishings, Fixtures & Appliances subindustry, FGI Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
FGI Industries Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FGI Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where FGI Industries's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FGI Industries (FGI) has a Debt-to-Equity of 1.51 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FGI Industries and its competitors. This is 31% above median its historical median of 1.15. Over the past decade, FGI Industries' Debt-to-Equity has ranged from 0.84 to 13.39. According to the industry distribution chart, FGI Industries ranks #348 out of 378 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 92.1%.
Is FGI Industries' Debt-to-Equity too high?
FGI Industries' current Debt-to-Equity of 1.51 is 31% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 13.39. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.31. FGI Industries' value of 1.51 is 387.1% above this industry median. Based on the distribution chart, FGI Industries ranks #348 out of 378 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, FGI Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FGI Industries' Debt-to-Equity compare to NCL and SNTW?
According to the Furnishings, Fixtures & Appliances industry distribution chart, FGI Industries ranks #348 out of 378 companies for Debt-to-Equity. This places FGI Industries in the lower half of its industry. The industry median Debt-to-Equity is 0.31. FGI Industries' value of 1.51 is 387.1% above this benchmark. Historically, FGI Industries' own Debt-to-Equity has ranged from 0.84 to 13.39 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.31, FGI Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.31, based on 378 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FGI Industries's current Debt-to-Equity of 1.51 is 387.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FGI Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FGI Industries's current Debt-to-Equity is 1.51, which is 31% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FGI Industries stock overvalued right now?
Based on GuruFocus' analysis, FGI Industries (FGI) is currently considered Fairly Valued. The stock's GF Value™ is $5.47, compared to a current price of $5.05 — trading 7.7% below its estimated fair value. The current Debt-to-Equity is 1.51, which is 31% above median its 10-year median of 1.15 and 387.1% above the Furnishings, Fixtures & Appliances industry median of 0.31. FGI Industries' overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For FGI Industries (FGI), the current Debt-to-Equity is 1.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is FGI Industries (FGI) Overvalued in 2026?
Based on GuruFocus' analysis, FGI Industries stock appears to be undervalued.
The current stock price of $5.05 is trading 7.7% below its estimated GF Value™ of $5.47.
GuruFocus considers FGI Industries to be Fairly Valued.
Key valuation signals for FGI:
Debt-to-Equity: 1.51 (31% above median its 10-year median of 1.15)
GF Value™: $5.47 vs. price of $5.05 (7.7% below fair value)
Industry Position: 387.1% above the Furnishings, Fixtures & Appliances median (#348 of 378)
No single metric tells the full story. See the FGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FGI Industries Ltd is a supplier of kitchen and bath products. The company is business to business supplier of bath and kitchen products to large retail, wholesale, commercial, and specialty channel customers around the globe. The company offers products that fall into four categories: Sanitaryware, Bath Furniture, Shower Systems and Other. The company generates the majority of its revenue from the sale of Sanitaryware products. Geographically, it generates the majority of its revenue from the United States, followed by Canada and Europe.
66GF Score
Get the complete analysis for FGI
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FGI has been successfully added to your 
