OTCPK:FLUX

Stock Analysis Report

Executive Summary

Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, and sells rechargeable lithium-ion energy storage systems for electric forklifts, airport ground support equipment (GSE), and other industrial motive applications in the United States.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Flux Power Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FLUX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

44.1%

FLUX

10.7%

US Electrical

9.9%

US Market


1 Year Return

-42.9%

FLUX

-20.8%

US Electrical

-11.9%

US Market

Return vs Industry: FLUX underperformed the US Electrical industry which returned -20.1% over the past year.

Return vs Market: FLUX underperformed the US Market which returned -11.5% over the past year.


Shareholder returns

FLUXIndustryMarket
7 Day44.1%10.7%9.9%
30 Dayn/a-23.0%-15.0%
90 Dayn/a-30.6%-21.5%
1 Year-42.9%-42.9%-19.2%-20.8%-10.0%-11.9%
3 Year74.3%74.3%-6.6%-12.0%12.3%5.1%
5 Year26.2%26.2%6.2%-4.2%32.5%18.1%

Price Volatility Vs. Market

How volatile is Flux Power Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Flux Power Holdings undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Flux Power Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Flux Power Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of FLUX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Flux Power Holdings regulatory filings here.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is Flux Power Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Flux Power Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of FLUX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Flux Power Holdings's filings and announcements here.
  • Explore growth companies in the Capital Goods industry.

Past Performance

How has Flux Power Holdings performed over the past 5 years?

-33.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLUX is currently unprofitable.

Growing Profit Margin: FLUX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FLUX is unprofitable, and losses have increased over the past 5 years at a rate of -33.3% per year.

Accelerating Growth: Unable to compare FLUX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FLUX is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-1.4%).


Return on Equity

High ROE: FLUX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Flux Power Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: FLUX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FLUX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FLUX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FLUX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: FLUX has a high level of physical assets or inventory.

Debt Coverage by Assets: FLUX has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FLUX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FLUX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28.8% each year


Next Steps

Dividend

What is Flux Power Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FLUX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FLUX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FLUX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FLUX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FLUX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Ron Dutt (72yo)

6s

Tenure

US$1,663,010

Compensation

Mr. Ronald F. Dutt, also known as Ron, serves as Chairman of Flux Power Holdings, Inc since June 28, 2019. Mr. Dutt has been the Chief Executive Officer of Flux Power Holdings, Inc. since March 19, 2014 an ...


CEO Compensation Analysis

Compensation vs Market: Ron's total compensation ($USD1.66M) is above average for companies of similar size in the US market ($USD601.33K).

Compensation vs Earnings: Ron's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Dutt
Chairman6yrsUS$1.66m0.0080% $3.3k
Charles Scheiwe
CFO, Controller & Secretary1.25yrsUS$469.25kno data
Jonathan Berry
Chief Operating Officer3.92yrsUS$490.52kno data
Paulus Geantil
Chief Technology Officerno datano datano data
Tod Kilgore
Director of Sales2.58yrsno datano data

3.3yrs

Average Tenure

57yo

Average Age

Experienced Management: FLUX's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald Dutt
Chairman6yrsUS$1.66m0.0080% $3.3k
Lisa Walters-Hoffert
Independent Director0.75yrno datano data
Steven Capelli
Member of Advisory Board5.33yrsno datano data
James Gevarges
Independent Director4.5yrsUS$33.80k1.16% $472.8k
Dale Robinette
Independent Director0.75yrno datano data
Michael Johnson
Director7.67yrsUS$33.80k61.25% $25.0m
Nigel Burney
Member of Advisory Board5.33yrsno datano data

4.5yrs

Average Tenure

60.5yo

Average Age

Experienced Board: FLUX's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 63.7%.


Top Shareholders

Company Information

Flux Power Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Flux Power Holdings, Inc.
  • Ticker: FLUX
  • Exchange: OTCPK
  • Founded:
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$40.867m
  • Shares outstanding: 5.11m
  • Website: https://www.fluxpower.com

Number of Employees


Location

  • Flux Power Holdings, Inc.
  • 2685 South Melrose Drive
  • Vista
  • California
  • 92081
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLUXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2012

Biography

Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, and sells rechargeable lithium-ion energy storage systems for electric forklifts, airport ground support equipment (GSE), and other industrial motive applications in the United States. It offers battery management system (BMS) that provides cell balancing, monitoring, and error reporting functions for battery systems. The company also provides 24-volt onboard chargers for its Class 3 Walkie LiFT packs; and smart wall mounted chargers to interface with its BMS. In addition, it develops a suite of complementary technologies and products for its BMS products. The company sells its products directly to small companies and Fortune 500 companies, as well as through original equipment manufacturers, lift equipment dealers, battery distributors, and end-user. Flux Power Holdings, Inc. is headquartered in Vista, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 01:10
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.