FLIR Systems, Inc. designs, develops, markets, and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. More Details
Average dividend payer with adequate balance sheet.
Share Price & News
How has FLIR Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FLIR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: FLIR's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FLIR underperformed the US Electronic industry which returned 24% over the past year.
Return vs Market: FLIR underperformed the US Market which returned 19.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is FLIR Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StA Look At The Fair Value Of FLIR Systems, Inc. (NASDAQ:FLIR)
1 month ago | Simply Wall StFLIR Systems (NASDAQ:FLIR) Has A Pretty Healthy Balance Sheet
1 month ago | Simply Wall StOur Take On The Returns On Capital At FLIR Systems (NASDAQ:FLIR)
Is FLIR Systems undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FLIR ($54.13) is trading above our estimate of fair value ($48.73)
Significantly Below Fair Value: FLIR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FLIR is poor value based on its PE Ratio (51.6x) compared to the US Electronic industry average (28x).
PE vs Market: FLIR is poor value based on its PE Ratio (51.6x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: FLIR is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: FLIR is overvalued based on its PB Ratio (3.9x) compared to the US Electronic industry average (2.7x).
How is FLIR Systems forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLIR's forecast earnings growth (22.3% per year) is above the savings rate (2%).
Earnings vs Market: FLIR's earnings (22.3% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FLIR's revenue (3.4% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: FLIR's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLIR's Return on Equity is forecast to be low in 3 years time (15.2%).
How has FLIR Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLIR has a large one-off loss of $81.8M impacting its September 30 2020 financial results.
Growing Profit Margin: FLIR's current net profit margins (7.4%) are lower than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: FLIR's earnings have declined by 2.9% per year over the past 5 years.
Accelerating Growth: FLIR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FLIR had negative earnings growth (-48%) over the past year, making it difficult to compare to the Electronic industry average (-9.3%).
Return on Equity
High ROE: FLIR's Return on Equity (7.7%) is considered low.
How is FLIR Systems's financial position?
Financial Position Analysis
Short Term Liabilities: FLIR's short term assets ($1.2B) exceed its short term liabilities ($487.2M).
Long Term Liabilities: FLIR's short term assets ($1.2B) exceed its long term liabilities ($916.8M).
Debt to Equity History and Analysis
Debt Level: FLIR's debt to equity ratio (43.3%) is considered high.
Reducing Debt: FLIR's debt to equity ratio has increased from 22.3% to 43.3% over the past 5 years.
Debt Coverage: FLIR's debt is well covered by operating cash flow (37%).
Interest Coverage: FLIR's interest payments on its debt are well covered by EBIT (12.1x coverage).
What is FLIR Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FLIR's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: FLIR's dividend (1.26%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: FLIR's dividends per share have been stable in the past 10 years.
Growing Dividend: FLIR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.8%), FLIR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FLIR's dividends in 3 years are forecast to be well covered by earnings (30.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Cannon (49 yo)
Mr. James J. Cannon, also known as Jim, has been the President and Chief Executive Officer of FLIR Systems, Inc. since June 19, 2017. Mr. Cannon served as President of Government and Defense Business Unit ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD5.86M) is about average for companies of similar size in the US market ($USD6.20M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|CFO & Executive VP||3.17yrs||US$2.85m||0.033% |
|Senior VP||1.5yrs||US$2.71m||0.0040% |
|VP, Corporate Controller & Principal Accounting Officer||1.08yrs||no data||0.00086% |
|Director of Corporate Development & IR||no data||no data||no data|
|Senior VP & Chief Human Resources Officer||0.75yr||no data||no data|
Experienced Management: FLIR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Independent Director||17.42yrs||US$249.96k||0.033% |
|Independent Director||6.83yrs||US$244.96k||0.012% |
|Independent Director||18.5yrs||US$254.96k||0.083% |
|Independent Director||21.17yrs||US$254.96k||0.020% |
|Independent Director||19.75yrs||US$264.96k||0.021% |
|Independent Director||11.67yrs||US$244.96k||0.033% |
|Independent Director||3.25yrs||US$244.96k||0.0047% |
|Independent Director||15.67yrs||US$254.96k||0.013% |
|Independent Director||6.83yrs||US$264.96k||0.0082% |
Experienced Board: FLIR's board of directors are seasoned and experienced ( 15.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FLIR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FLIR Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: FLIR Systems, Inc.
- Ticker: FLIR
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$7.041b
- Shares outstanding: 131.14m
- Website: https://www.flir.com
Number of Employees
- FLIR Systems, Inc.
- 27700 SW Parkway Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FLIR||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 1993|
|FL4||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 1993|
|0IK2||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jun 1993|
|F1LI34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 1 REPR 1 COM||BR||BRL||Jan 2020|
FLIR Systems, Inc. designs, develops, markets, and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions wo...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/19 23:07|
|End of Day Share Price||2021/01/19 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.