FLEXSTEEL INDS (FLXS) Stock Fundamental Analysis
NASDAQ:FLXS - US3393821034 - Common Stock
45.58 USD
-0.65 (-1.41%)
45.58 USD
0 (0%)
Overall FLXS gets a fundamental rating of 6 out of 10. We evaluated FLXS against 63 industry peers in the Household Durables industry. Both the profitability and the financial health of FLXS get a neutral evaluation. Nothing too spectacular is happening here. FLXS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FLXS was profitable.
FLXS had a positive operating cash flow in the past year.
Each year in the past 5 years FLXS has been profitable.
Of the past 5 years FLXS 4 years had a positive operating cash flow.
1.2 Ratios
FLXS has a Return On Assets of 7.13%. This is in the better half of the industry: FLXS outperforms 60.32% of its industry peers.
FLXS's Return On Equity of 12.01% is in line compared to the rest of the industry. FLXS outperforms 57.14% of its industry peers.
The Return On Invested Capital of FLXS (10.09%) is better than 65.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FLXS is below the industry average of 10.45%.
The 3 year average ROIC (6.29%) for FLXS is below the current ROIC(10.09%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.13% | ||
| ROE | 12.01% | ||
| ROIC | 10.09% |
ROA(3y)5.35%
ROA(5y)4.9%
ROE(3y)9.82%
ROE(5y)8.92%
ROIC(3y)6.29%
ROIC(5y)6.27%
1.3 Margins
FLXS's Profit Margin of 4.57% is in line compared to the rest of the industry. FLXS outperforms 55.56% of its industry peers.
In the last couple of years the Profit Margin of FLXS has grown nicely.
The Operating Margin of FLXS (7.08%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of FLXS has grown nicely.
Looking at the Gross Margin, with a value of 22.21%, FLXS is doing worse than 73.02% of the companies in the same industry.
In the last couple of years the Gross Margin of FLXS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.08% | ||
| PM (TTM) | 4.57% | ||
| GM | 22.21% |
OM growth 3Y86.97%
OM growth 5YN/A
PM growth 3Y135.67%
PM growth 5YN/A
GM growth 3Y18.47%
GM growth 5Y7.67%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FLXS is still creating some value.
The number of shares outstanding for FLXS has been increased compared to 1 year ago.
FLXS has less shares outstanding than it did 5 years ago.
FLXS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
FLXS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC1.12
WACC8.99%
2.3 Liquidity
FLXS has a Current Ratio of 2.78. This indicates that FLXS is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.78, FLXS perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
FLXS has a Quick Ratio of 1.34. This is a normal value and indicates that FLXS is financially healthy and should not expect problems in meeting its short term obligations.
FLXS has a Quick ratio of 1.34. This is in the better half of the industry: FLXS outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.78 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
FLXS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 116.41%, which is quite impressive.
FLXS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 86.55% yearly.
Looking at the last year, FLXS shows a small growth in Revenue. The Revenue has grown by 6.86% in the last year.
FLXS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.75% yearly.
EPS 1Y (TTM)116.41%
EPS 3Y86.55%
EPS 5YN/A
EPS Q2Q%145.61%
Revenue 1Y (TTM)6.86%
Revenue growth 3Y-6.77%
Revenue growth 5Y3.75%
Sales Q2Q%3.42%
3.2 Future
FLXS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.83% yearly.
The Revenue is expected to grow by 4.17% on average over the next years.
EPS Next Y-6.94%
EPS Next 2Y1.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.83%
Revenue Next 2Y4.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FLXS is valuated reasonably with a Price/Earnings ratio of 10.80.
FLXS's Price/Earnings ratio is a bit cheaper when compared to the industry. FLXS is cheaper than 61.90% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.08, FLXS is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.61, the valuation of FLXS can be described as very reasonable.
FLXS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FLXS is cheaper than 68.25% of the companies in the same industry.
FLXS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.8 | ||
| Fwd PE | 11.61 |
4.2 Price Multiples
87.30% of the companies in the same industry are more expensive than FLXS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, FLXS is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.12 | ||
| EV/EBITDA | 5.83 |
4.3 Compensation for Growth
FLXS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FLXS has a Yearly Dividend Yield of 1.82%.
Compared to an average industry Dividend Yield of 3.25, FLXS pays a bit more dividend than its industry peers.
FLXS's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
5.2 History
The dividend of FLXS decreases each year by -6.71%.
FLXS has been paying a dividend for at least 10 years, so it has a reliable track record.
FLXS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.71%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
17.64% of the earnings are spent on dividend by FLXS. This is a low number and sustainable payout ratio.
DP17.64%
EPS Next 2Y1.83%
EPS Next 3YN/A
45.58
-0.65 (-1.41%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners52.46%
Inst Owner Change-1.85%
Ins Owners14.51%
Ins Owner Change1.05%
Market Cap240.21M
Analysts0
Price Target58.14 (27.56%)
Short Float %1.38%
Short Ratio2.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
Yearly Dividend0.62
Dividend Growth(5Y)-6.71%
DP17.64%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.65%
Min EPS beat(2)25.89%
Max EPS beat(2)63.4%
EPS beat(4)4
Avg EPS beat(4)33.04%
Min EPS beat(4)17.01%
Max EPS beat(4)63.4%
EPS beat(8)6
Avg EPS beat(8)24.18%
EPS beat(12)10
Avg EPS beat(12)42.98%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.02%
Min Revenue beat(2)-0.44%
Max Revenue beat(2)0.48%
Revenue beat(4)3
Avg Revenue beat(4)0.51%
Min Revenue beat(4)-0.44%
Max Revenue beat(4)1.66%
Revenue beat(8)5
Avg Revenue beat(8)0.2%
Revenue beat(12)8
Avg Revenue beat(12)1.41%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.56%
PT rev (3m)5.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.8 | ||
| Fwd PE | 11.61 | ||
| P/S | 0.54 | ||
| P/FCF | 7.12 | ||
| P/OCF | 6.5 | ||
| P/B | 1.43 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | 5.83 |
EPS(TTM)4.22
EY9.26%
EPS(NY)3.93
Fwd EY8.62%
FCF(TTM)6.4
FCFY14.04%
OCF(TTM)7.02
OCFY15.39%
SpS83.7
BVpS31.85
TBVpS31.85
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.13% | ||
| ROE | 12.01% | ||
| ROCE | 14.17% | ||
| ROIC | 10.09% | ||
| ROICexc | 12.33% | ||
| ROICexgc | 12.33% | ||
| OM | 7.08% | ||
| PM (TTM) | 4.57% | ||
| GM | 22.21% | ||
| FCFM | 7.65% |
ROA(3y)5.35%
ROA(5y)4.9%
ROE(3y)9.82%
ROE(5y)8.92%
ROIC(3y)6.29%
ROIC(5y)6.27%
ROICexc(3y)7.09%
ROICexc(5y)6.77%
ROICexgc(3y)7.09%
ROICexgc(5y)6.77%
ROCE(3y)8.83%
ROCE(5y)8.8%
ROICexcg growth 3Y80.95%
ROICexcg growth 5YN/A
ROICexc growth 3Y80.95%
ROICexc growth 5YN/A
OM growth 3Y86.97%
OM growth 5YN/A
PM growth 3Y135.67%
PM growth 5YN/A
GM growth 3Y18.47%
GM growth 5Y7.67%
F-Score8
Asset Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 89.16% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.95% | ||
| Profit Quality | 167.32% | ||
| Current Ratio | 2.78 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | N/A |
F-Score8
WACC8.99%
ROIC/WACC1.12
Cap/Depr(3y)104.46%
Cap/Depr(5y)87.47%
Cap/Sales(3y)1.04%
Cap/Sales(5y)0.87%
Profit Quality(3y)182.6%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)116.41%
EPS 3Y86.55%
EPS 5YN/A
EPS Q2Q%145.61%
EPS Next Y-6.94%
EPS Next 2Y1.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.86%
Revenue growth 3Y-6.77%
Revenue growth 5Y3.75%
Sales Q2Q%3.42%
Revenue Next Year3.83%
Revenue Next 2Y4.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y86.2%
EBIT growth 3Y74.31%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y24.38%
FCF growth 3Y101.2%
FCF growth 5Y18.23%
OCF growth 1Y15.98%
OCF growth 3Y66.65%
OCF growth 5Y15.12%