FGI Industries Price To Book vs. Return On Equity
| FGI Stock | USD 0.82 0.03 3.80% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.17 | 0.2736 |
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| Net Profit Margin | 0.0059 | 0.0063 |
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| Operating Profit Margin | 0.0351 | 0.0197 |
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| Pretax Profit Margin | 0.0112 | 0.0118 |
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| Return On Assets | 0.0106 | 0.0112 |
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| Return On Equity | 0.0288 | 0.0303 |
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For FGI Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of FGI Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well FGI Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between FGI Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of FGI Industries over time as well as its relative position and ranking within its peers.
FGI |
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FGI Industries. If investors know FGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FGI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.836 | Earnings Share (0.03) | Revenue Per Share 12.66 | Quarterly Revenue Growth 0.006 | Return On Assets 0.0089 |
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
FGI Industries Return On Equity vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining FGI Industries's current stock value. Our valuation model uses many indicators to compare FGI Industries value to that of its competitors to determine the firm's financial worth. FGI Industries is one of the top stocks in price to book category among its peers. It also is one of the top stocks in return on equity category among its peers reporting about 0.03 of Return On Equity per Price To Book. The ratio of Price To Book to Return On Equity for FGI Industries is roughly 31.81 . As of now, FGI Industries' Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the FGI Industries' earnings, one of the primary drivers of an investment's value.FGI Return On Equity vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
FGI Industries |
| = | 0.32 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
FGI Industries |
| = | 0.0101 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
FGI Return On Equity Comparison
FGI Industries is currently under evaluation in return on equity category among its peers.
FGI Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in FGI Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, FGI Industries will eventually generate negative long term returns. The profitability progress is the general direction of FGI Industries' change in net profit over the period of time. It can combine multiple indicators of FGI Industries, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.1 M | -1.1 M | |
| Net Interest Income | -753.1 K | -790.7 K | |
| Interest Income | 9.2 K | 15 K | |
| Operating Income | 2.3 M | 3.8 M | |
| Net Income From Continuing Ops | 835.7 K | 793.9 K | |
| Income Before Tax | 1.4 M | 1.3 M | |
| Total Other Income Expense Net | -916.7 K | -870.8 K | |
| Net Income Applicable To Common Shares | 9.1 M | 5.2 M | |
| Net Income | 733.6 K | 696.9 K | |
| Income Tax Expense | 808.2 K | 838 K | |
| Change To Netincome | -747.8 K | -710.4 K | |
| Net Income Per Share | 0.08 | 0.07 | |
| Income Quality | 1.89 | 1.99 | |
| Net Income Per E B T | 0.53 | 0.86 |
FGI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on FGI Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of FGI Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the FGI Industries' important profitability drivers and their relationship over time.
Use FGI Industries in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FGI Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FGI Industries will appreciate offsetting losses from the drop in the long position's value.FGI Industries Pair Trading
FGI Industries Pair Trading Analysis
The ability to find closely correlated positions to FGI Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FGI Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FGI Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FGI Industries to buy it.
The correlation of FGI Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FGI Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FGI Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FGI Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your FGI Industries position
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Check out Investing Opportunities. For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
To fully project FGI Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of FGI Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include FGI Industries' income statement, its balance sheet, and the statement of cash flows.