FGI IndustriesFGI -2.00%66 Net Current Asset Value is $-0.55 as of Mar. 2026. GuruFocus rates FGI with a GF Score™ of 66/100 and a GF Value™ of $5.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 285 Furnishings, Fixtures & Appliances companies, FGI Industries ranks worse than 350876.84% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
FGI Industries's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.55.
The historical rank and industry rank for FGI Industries's Net Current Asset Value or its related term are showing as below:
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of FGI Industries was 12.66. The lowest was 2.35. And the median was 3.98.
FGI's Price-to-Net-Current-Asset-Value is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 3.6 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
FGI Industries (NAS:FGI) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
FGI Industries Net Current Asset Value Related Terms
FGI Industries Net Current Asset Value Historical Data
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The historical data trend for FGI Industries's Net Current Asset Value 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.
FGI vs NCL, SNTW, LUVU: Net Current Asset Value Comparison
For the Furnishings, Fixtures & Appliances subindustry, FGI Industries's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FGI Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where FGI Industries's Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of $-0.55 mean?
FGI Industries (FGI) has a Net Current Asset Value of $-0.55 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on FGI Industries and its competitors. Over the past decade, FGI Industries' Net Current Asset Value has ranged from 2.35 to 12.66. According to the industry distribution chart, FGI Industries ranks #999999 out of 285 companies in the Furnishings, Fixtures & Appliances industry.
Is FGI Industries' Net Current Asset Value too high?
FGI Industries' current Net Current Asset Value is $-0.55. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 12.66. Based on the distribution chart, FGI Industries ranks #999999 out of 285 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 Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FGI Industries' Net Current Asset Value compare to NCL and SNTW?
According to the Furnishings, Fixtures & Appliances industry distribution chart, FGI Industries ranks #999999 out of 285 companies for Net Current Asset Value. This places FGI Industries in the lower half of its industry. The industry median Net Current Asset Value is 3.60. Historically, FGI Industries' own Net Current Asset Value has ranged from 2.35 to 12.66 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.60, based on 285 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on FGI Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FGI Industries's current Net Current Asset Value is $-0.55. 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 Modestly Undervalued. The stock's GF Value™ is $5.46, compared to a current price of $4.50 — trading 17.6% below its estimated fair value. The current Net Current Asset Value is $-0.55. 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 Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For FGI Industries (FGI), the current Net Current Asset Value is $-0.55 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 $4.50 is trading 17.6% below its estimated GF Value™ of $5.46.
GuruFocus considers FGI Industries to be Modestly Undervalued.
Key valuation signals for FGI:
Net Current Asset Value: $-0.55
GF Value™: $5.46 vs. price of $4.50 (17.6% below fair value)
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
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