Flexible Solutions International Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and inetrnationally.
Undervalued with excellent balance sheet.
Share Price & News
How has Flexible Solutions International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FSI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FSI exceeded the US Chemicals industry which returned -5.8% over the past year.
Return vs Market: FSI underperformed the US Market which returned 20.3% over the past year.
Price Volatility Vs. Market
How volatile is Flexible Solutions International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's Why Flexible Solutions International (NYSEMKT:FSI) Can Manage Its Debt Responsibly
3 weeks ago | Simply Wall StDon't Sell Flexible Solutions International Inc. (NYSEMKT:FSI) Before You Read This
1 month ago | Simply Wall StDo Institutions Own Flexible Solutions International Inc. (NYSEMKT:FSI) Shares?
Is Flexible Solutions International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FSI ($2.06) is trading below our estimate of fair value ($21.94)
Significantly Below Fair Value: FSI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FSI is good value based on its PE Ratio (20.4x) compared to the Chemicals industry average (22.4x).
PE vs Market: FSI is poor value based on its PE Ratio (20.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: FSI is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: FSI is good value based on its PB Ratio (1.4x) compared to the US Chemicals industry average (2.1x).
How is Flexible Solutions International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSI's forecast earnings growth (71.4% per year) is above the savings rate (1.7%).
Earnings vs Market: FSI's earnings (71.4% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FSI's revenue (13.4% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: FSI's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FSI's Return on Equity is forecast to be high in 3 years time
How has Flexible Solutions International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSI has high quality earnings.
Growing Profit Margin: FSI's current net profit margins (4.2%) are lower than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: FSI's earnings have grown by 1.2% per year over the past 5 years.
Accelerating Growth: FSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FSI had negative earnings growth (-0.8%) over the past year, making it difficult to compare to the Chemicals industry average (-15.9%).
Return on Equity
High ROE: FSI's Return on Equity (7.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Flexible Solutions International's financial position?
Financial Position Analysis
Short Term Liabilities: FSI's short term assets ($19.5M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: FSI's short term assets ($19.5M) exceed its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: FSI's debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: FSI's debt to equity ratio has increased from 21.7% to 32.9% over the past 5 years.
Debt Coverage: FSI's debt is well covered by operating cash flow (34.1%).
Interest Coverage: FSI's interest payments on its debt are well covered by EBIT (7.4x coverage).
Inventory Level: FSI has a high level of physical assets or inventory.
Debt Coverage by Assets: FSI's debt is covered by short term assets (assets are 2.8x debt).
What is Flexible Solutions International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FSI's dividend (7.28%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FSI's dividend (7.28%) is in the top 25% of dividend payers in the US market (3.73%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether FSI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if FSI's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (148.6%), FSI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dan O’Brien (62yo)
Mr. Daniel B. O’Brien, also known as Dan, has been the Chief Executive Officer and President of Flexible Solutions International Inc. since June 1998, has been its Principal Financial Officer and Accountin ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD898.17K) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
|Independent Director||20yrs||US$5.00k||no data|
|Independent Director||3.3yrs||US$5.00k||no data|
|Independent Director||7.5yrs||US$5.00k||0.12% $30.7k|
|Independent Director||3.3yrs||US$5.00k||no data|
Experienced Board: FSI's board of directors are considered experienced (7.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Flexible Solutions International Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Flexible Solutions International Inc.
- Ticker: FSI
- Exchange: AMEX
- Founded: 1991
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$25.083m
- Shares outstanding: 12.24m
- Website: https://www.flexiblesolutions.com
Number of Employees
- Flexible Solutions International Inc.
- 6001 54 Avenue
- T1G 1X4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FSI||AMEX (NYSE MKT LLC)||Yes||Common Shares||US||USD||Nov 1999|
|FXT||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 1999|
Flexible Solutions International Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and inetrnationally. The company operates in two segments, Energy and Water Conservation Products; and Biodegradable Polymers. It provides HEATSAVR, a chemical product for use in swimming pools and spas that forms a thin and transparent layer on the water’s surface; and WATERSAVR to reduce water evaporation in reservoirs, potable water storage tanks, livestock watering ponds, aqueducts, canals, and irrigation ditches, as well as for lawn and turf care, and potted and bedding plants. The company also offers thermal polyaspartate biopolymers (TPAs) for oil well to reduce scale and corrosion in various water systems; and for the agricultural industry to reduce fertilizer crystallization before, during, and after application, as well as to prevent crystal formation between fertilizer and minerals present in the soil. In addition, the company provides TPAs for irrigation to prevent early plugging of drip irrigation ports, reduce maintenance costs, and lengthen the life of equipment; and nitrogen conservation products for agriculture for slowing nitrogen loss from fields. Flexible Solutions International Inc. was founded in 1991 and is headquartered in Taber, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 23:59|
|End of Day Share Price||2020/02/19 00:00|
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.