OTCPK:FAME

Stock Analysis Report

Executive Summary

Flamemaster Corporation manufactures and sells specialty chemicals for the aerospace, defense, energy, and transportation industries.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

FAME

3.1%

US Chemicals

2.0%

US Market


1 Year Return

n/a

FAME

-0.5%

US Chemicals

23.6%

US Market

Return vs Industry: Insufficient data to determine how FAME performed against the US Chemicals industry.

Return vs Market: Insufficient data to determine how FAME performed against the US Market.


Shareholder returns

FAMEIndustryMarket
7 Day0%3.1%2.0%
30 Day-0.1%0.6%3.9%
90 Day0%6.4%12.0%
1 Yearn/a15.2%-0.5%26.2%23.6%
3 Year18.8%16.8%36.4%10.9%53.2%43.3%
5 Year11.4%7.9%50.2%18.1%75.7%56.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Flamemaster undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Flamemaster is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Flamemaster 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 FAME’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 Flamemaster regulatory filings here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

17.0%

Forecasted Materials 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 Flamemaster 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 FAME’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 Flamemaster's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Flamemaster performed over the past 5 years?

11.3%

Historical Materials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Flamemaster has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Flamemaster's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • 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 Flamemaster's filings and announcements here.
  • Explore strong past performing companies in the Materials industry.

Financial Health

How is Flamemaster's financial position?


In this section we usually analyse Flamemaster's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Flamemaster has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of FAME’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Flamemaster's financial data was last updated here.
  • Explore more healthy companies in the Materials industry.

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate FAME'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 FAME's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FAME'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 FAME's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

22.5yrs

Average board tenure


CEO

Joseph Mazin (72yo)

35.6yrs

Tenure

US$191,538

Compensation

Mr. Joseph Mazin has been a Director of Flamemaster Corp. since 1982 and has been its President and Chief Executive Officer since June 1984 and serves as its Chairman and Chief Financial Officer. He holds  ...


Board Age and Tenure

22.5yrs

Average Tenure

72yo

Average Age

Experienced Board: FAME's board of directors are seasoned and experienced ( 22.5 years average tenure).


Insider Trading

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


Management Team

  • Joseph Mazin (72yo)

    Chairman

    • Tenure: 35.6yrs
    • Compensation: US$191.54k
  • Mary Kay Eason

    Secretary and Treasurer

    • Joshua Mazin (41yo)

      Executive VP & Director

      • Tenure: 15.7yrs

    Board Members

    • Joseph Mazin (72yo)

      Chairman

      • Tenure: 35.6yrs
      • Compensation: US$191.54k
    • William Deutsch (92yo)

      Director

      • Tenure: 22yrs
    • Leon Gutowicz (100yo)

      Director

      • Tenure: 36yrs
    • Donna Mazin (71yo)

      Director

      • Tenure: 27yrs
    • Stuart Weinstein (70yo)

      Director

      • Tenure: 23yrs
    • George Valhos (79yo)

      Director

      • Tenure: 15.7yrs
    • Joshua Mazin (41yo)

      Executive VP & Director

      • Tenure: 15.7yrs

    Company Information

    Flamemaster Corporation's company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: Flamemaster Corporation
    • Ticker: FAME
    • Exchange: OTCPK
    • Founded: 1942
    • Industry: Specialty Chemicals
    • Sector: Materials
    • Market Cap: US$12.314m
    • Shares outstanding: 1.25m
    • Website: https://www.flamemaster.com

    Location

    • Flamemaster Corporation
    • 13576 Desmond Street
    • Pacoima
    • California
    • 91331
    • United States

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    FAMEOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1980

    Biography

    Flamemaster Corporation manufactures and sells specialty chemicals for the aerospace, defense, energy, and transportation industries. The company offers flame retardant coatings that are used in industrial applications to prevent the propagation of fire in electrical cables; and heat resistant coatings for protecting components and structural surfaces, such as the aluminum deck of a naval vessel. It also provides sealants for use in aerospace and marine applications; and epoxy bonding compounds for construction materials, epoxy joint sealers, and silicone thermal coatings and sealants. The company was founded in 1942 and is based in Pacoima, California. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/18 23:35
    End of Day Share Price2019/12/23 00:00
    Earnings2008/09/30
    Annual Earnings2008/09/30


    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.