NasdaqGS:FLXS

Stock Analysis Report

Executive Summary

Flexsteel Industries, Inc., together with its subsidiaries, manufactures, imports, and markets residential and contract upholstered and wood furniture products in the United States.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • Flexsteel Industries has significant price volatility in the past 3 months.
  • Flexsteel Industries is not covered by any analysts.

Similar Companies

Share Price & News

How has Flexsteel Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-9.0%

NasdaqGS:FLXS

-0.3%

US Consumer Durables

-1.0%

US Market


1 Year Return

-57.4%

NasdaqGS:FLXS

6.5%

US Consumer Durables

-0.4%

US Market

FLXS underperformed the Consumer Durables industry which returned 5.8% over the past year.

FLXS underperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

FLXSIndustryMarket
7 Day-9.0%-0.3%-1.0%
30 Day-8.7%-0.3%-3.3%
90 Day-17.7%2.0%0.4%
1 Year-55.7%-57.4%7.9%6.5%1.8%-0.4%
3 Year-61.2%-64.0%33.9%29.9%39.4%30.4%
5 Year-49.2%-54.7%27.3%19.1%54.2%37.1%

Price Volatility Vs. Market

How volatile is Flexsteel Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Flexsteel Industries undervalued based on future cash flows and its price relative to the stock market?

0.54x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Flexsteel Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Flexsteel Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Flexsteel Industries is loss making, we can't compare its value to the US Consumer Durables industry average.

Flexsteel Industries is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Flexsteel Industries, we can't assess if its growth is good value.


Price Based on Value of Assets

Flexsteel Industries is good value based on assets compared to the US Consumer Durables industry average.


Next Steps

Future Growth

How is Flexsteel Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Flexsteel Industries is high growth as no revenue estimate data is available.

Flexsteel Industries's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Flexsteel Industries's revenue growth to the United States of America market average as no estimate data is available.

Flexsteel Industries's earnings growth is expected to exceed the United States of America market average.

Flexsteel Industries's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Flexsteel Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Flexsteel Industries performed over the past 5 years?

-8.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Flexsteel Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Flexsteel Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Flexsteel Industries's 1-year growth to the US Consumer Durables industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Flexsteel Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Flexsteel Industries has efficiently used its assets last year compared to the US Consumer Durables industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Flexsteel Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Flexsteel Industries's financial position?


Financial Position Analysis

Flexsteel Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Flexsteel Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Flexsteel Industries has no debt.

Flexsteel Industries currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Flexsteel Industries has no debt, it does not need to be covered by operating cash flow.

Flexsteel Industries has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Flexsteel Industries has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Flexsteel Industries's current dividend yield, its reliability and sustainability?

5.63%

Current Dividend Yield


Dividend Yield and Payments Analysis

Flexsteel Industries's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).

Flexsteel Industries's dividend is above the markets top 25% of dividend payers in United States of America (3.9%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Flexsteel Industries's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average management tenure


CEO

Jerry Dittmer (61yo)

0.7yrs

Tenure

Mr. Jerald K. Dittmer, also known as Jerry, has been President, Chief Executive Officer and Director at Flexsteel Industries, Inc. since December 28, 2018. Mr. Dittmer served as President and Chief Executi ...


Management Age and Tenure

1.6yrs

Average Tenure

The average tenure for the Flexsteel Industries management team is less than 2 years, this suggests a new team.


Board Age and Tenure

8.7yrs

Average Tenure

62.5yo

Average Age

The tenure for the Flexsteel Industries board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$49,19408 Feb 19
Michael Edwards
EntityIndividual
Role
Member of the Board of Directors
Shares2,200
Max PriceUS$22.36

Ownership Breakdown


Management Team

  • Jerry Dittmer (61yo)

    President

    • Tenure: 0.7yrs
  • Marcus Hamilton (45yo)

    CFO, Chief Accounting Officer

    • Tenure: 1.6yrs
    • Compensation: $880.74k
  • Scott Dubow

    Vice President of Marketing

    • Tenure: 1.6yrs
  • Barb Murphy

    Director of Marketing & Communications

    • Tenure: 1.6yrs
  • Stacy Kammes

    Vice President of Human Resources


Board Members

  • Mike Edwards (58yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: $101.50k
  • Tom Levine (70yo)

    Chair of the Board

    • Compensation: $109.00k
  • Bill Creekmuir (63yo)

    Independent Director

    • Tenure: 0.6yrs
  • Jerry Dittmer (61yo)

    President

    • Tenure: 0.7yrs
  • Eric Rangen (62yo)

    Director

    • Tenure: 17.6yrs
    • Compensation: $125.00k
  • Mary Bottie (61yo)

    Director

    • Tenure: 15.7yrs
    • Compensation: $101.50k
  • Bob Maricich (69yo)

    Director

    • Tenure: 8.7yrs
    • Compensation: $101.50k
  • Nancy Uridil (67yo)

    Director

    • Tenure: 8.7yrs
    • Compensation: $101.50k

Company Information

Flexsteel Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Flexsteel Industries, Inc.
  • Ticker: FLXS
  • Exchange: NasdaqGS
  • Founded: 1929
  • Industry: home furnishings
  • Sector: consumer durables
  • Market Cap: US$123.307m
  • Shares outstanding: 7.89m
  • Website: Click here

Number of Employees


Location

  • Flexsteel Industries, Inc.
  • 385 Bell Street
  • Dubuque
  • Iowa
  • 52001
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLXSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 1972

Biography

Flexsteel Industries, Inc., together with its subsidiaries, manufactures, imports, and markets residential and contract upholstered and wood furniture products in the United States. It offers its products  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 23:36
End of Day Share Price2019/08/16 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


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.