AMEX:FSI

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Flexible Solutions International

Executive Summary

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 internationally.


Snowflake Analysis

Excellent balance sheet and good value.


Similar Companies

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.


Market Performance


7 Day Return

6.0%

FSI

3.1%

US Chemicals

1.2%

US Market


1 Year Return

-22.6%

FSI

6.4%

US Chemicals

16.8%

US Market

Return vs Industry: FSI underperformed the US Chemicals industry which returned 5.6% over the past year.

Return vs Market: FSI underperformed the US Market which returned 16.4% over the past year.


Shareholder returns

FSIIndustryMarket
7 Day6.0%3.1%1.2%
30 Day32.1%7.7%4.9%
90 Day77.7%25.2%20.0%
1 Year-20.1%-22.6%8.9%6.4%19.3%16.8%
3 Year39.6%27.3%26.2%2.7%43.7%34.4%
5 Year157.9%135.2%54.0%20.4%75.5%56.6%

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

Valuation

Is Flexible Solutions International undervalued compared to its fair value and its price relative to the market?

13.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FSI ($2.47) is trading above our estimate of fair value ($1.82)

Significantly Below Fair Value: FSI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FSI is good value based on its PE Ratio (13.8x) compared to the US Chemicals industry average (26.6x).

PE vs Market: FSI is good value based on its PE Ratio (13.8x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: FSI is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: FSI is good value based on its PB Ratio (1.6x) compared to the US Chemicals industry average (2.1x).


Next Steps

Future Growth

How is Flexible Solutions International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

22.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FSI's forecast earnings growth (22.2% per year) is above the savings rate (2.2%).

Earnings vs Market: FSI's earnings (22.2% per year) are forecast to grow slower than the US market (23.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FSI's revenue (4.9% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: FSI's revenue (4.9% 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


Next Steps

Past Performance

How has Flexible Solutions International performed over the past 5 years?

1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FSI has high quality earnings.

Growing Profit Margin: FSI's current net profit margins (7.9%) are lower than last year (12.5%).


Past Earnings Growth Analysis

Earnings Trend: FSI's earnings have grown by 1.7% 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 (-21.9%) over the past year, making it difficult to compare to the Chemicals industry average (-20.5%).


Return on Equity

High ROE: FSI's Return on Equity (12%) is considered low.


Next Steps

Financial Health

How is Flexible Solutions International's financial position?


Financial Position Analysis

Short Term Liabilities: FSI's short term assets ($20.3M) exceed its short term liabilities ($8.4M).

Long Term Liabilities: FSI's short term assets ($20.3M) exceed its long term liabilities ($4.9M).


Debt to Equity History and Analysis

Debt Level: FSI's debt to equity ratio (38.1%) is considered satisfactory.

Reducing Debt: FSI's debt to equity ratio has increased from 15.9% to 38.1% 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 (8.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Flexible Solutions International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: FSI is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FSI'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?

8.4yrs

Average board tenure


CEO

Dan O’Brien (63 yo)

22.17yrs

Tenure

US$750,033

Compensation

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 ($USD750.03K) is about average for companies of similar size in the US market ($USD593.60K).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Daniel O’Brien
President22.17yrsUS$750.03k36.94%
$ 11.2m
John Bientjes
Independent Director20.5yrsUS$5.00kno data
David Fynn
Independent Director3.83yrsUS$5.00kno data
Robert Helina
Director8.83yrsUS$5.00k0.12%
$ 37.0k
Thomas Fyles
Independent Director8yrsUS$5.00k0.12%
$ 37.0k
Ben Seaman
Independent Director3.83yrsUS$5.00kno data

8.4yrs

Average Tenure

62.5yo

Average Age

Experienced Board: FSI's board of directors are considered experienced (8.4 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 diluted in the past year, with total shares outstanding growing by 4.3%.


Top Shareholders

Company Information

Flexible Solutions International Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Flexible Solutions International Inc.
  • Ticker: FSI
  • Exchange: AMEX
  • Founded:
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$30.234m
  • Shares outstanding: 12.24m
  • Website: https://www.flexiblesolutions.com

Number of Employees


Location

  • Flexible Solutions International Inc.
  • 6001 54th Avenue
  • Taber
  • Alberta
  • T1G 1X4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FSIAMEX (NYSE MKT LLC)YesCommon SharesUSUSDNov 1999
FXTDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1999

Biography

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 internati ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 00:19
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.