(FLXS) Flexsteel Industries - NASDAQ
Sector: Consumer Cyclical | Industry: Furnishings, Fixtures & Appliances | Exchange: NASDAQ (USA) | Market Cap: 264m USD | Total Return: 84.6% in 12m
Avg Turnover: 3.05M
EPS Trend: 97.8%
Qual. Beats: 6
Rev. Trend: 99.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema8, Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind
Flexsteel Industries, Inc. (FLXS) is a U.S.-based manufacturer and importer of residential furniture, encompassing living room, bedroom, dining, and outdoor categories. Founded in 1893 and headquartered in Dubuque, Iowa, the company utilizes a multi-channel distribution model that combines an internal direct sales force with integrated e-commerce platforms.
The company operates within the Home Furnishings sub-industry, a sector where profitability is often sensitive to housing market trends and consumer credit availability. Flexsteel differentiates itself through a diverse product catalog ranging from upholstered seating with patented spring systems to functional kitchen storage and office desks. For a deeper look at these fundamentals, ValueRay provides additional analytical tools.
- U.S. residential housing turnover and mortgage rates dictate consumer demand for furniture
- Logistics and ocean freight costs significantly impact gross profit margins
- E-commerce channel growth offsets traditional retail footprint contraction
- Raw material price volatility affects manufacturing overhead and product pricing
- Domestic manufacturing capacity utilization drives operational leverage and earnings per share
| Net Income: 31.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 3.66 > 1.0 |
| NWC/Revenue: 31.03% < 20% (prev 23.66%; Δ 7.37% < -1%) |
| CFO/TA 0.15 > 3% & CFO 42.8m > Net Income 31.1m |
| Net Debt (-3.38m) to EBITDA (45.2m): -0.07 < 3 |
| Current Ratio: 3.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (5.63m) vs 12m ago 6.85% < -2% |
| Gross Margin: 23.18% > 18% (prev 21.51%; Δ 1.66% > 0.5%) |
| Asset Turnover: 164.8% > 50% (prev 164.3%; Δ 0.50% > 0%) |
| Interest Coverage Ratio: 593.9 > 6 (EBIT TTM 41.6m / Interest Expense TTM 70.0k) |
| A: 0.49 (Total Current Assets 200.5m - Total Current Liabilities 58.2m) / Total Assets 290.2m |
| B: 0.72 (Retained Earnings 207.6m / Total Assets 290.2m) |
| C: 0.15 (EBIT TTM 41.6m / Avg Total Assets 278.1m) |
| D: 1.77 (Book Value of Equity 185.3m / Total Liabilities 104.9m) |
| Altman-Z'' = 8.41 = AAA |
| DSRI: 1.03 (Receivables 41.5m/38.5m, Revenue 458.4m/437.3m) |
| GMI: 0.93 (GM 21.51% / 23.18%) |
| AQI: 0.49 (AQ_t 0.05 / AQ_t-1 0.11) |
| SGI: 1.05 (Revenue 458.4m / 437.3m) |
| TATA: -0.04 (NI 31.1m - CFO 42.8m) / TA 290.2m) |
| Beneish M = -3.34 (Cap -4..+1) = AA |
As of June 25, 2026, the stock is trading at USD 67.84 with a total of 50,353 shares traded. Over the past week, the price has changed by +9.06%, over one month by +20.61%, over three months by +49.20% and over the past year by +84.58%.
Current recommended Stop Loss: 64.60 (which is 4.8% or 1.2 ATR below the current price).
Flexsteel Industries has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy FLXS.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 70.5 | 3.9% |
P/E Trailing = 11.8339
P/E Forward = 12.837
P/S = 0.5766
P/B = 1.4259
P/EG = 1.0698
Revenue TTM = 458.4m USD
EBIT TTM = 41.6m USD
EBITDA TTM = 45.2m USD
Long Term Debt = 45.6m USD (estimated: total debt 53.9m - short term 8.26m)
Short Term Debt = 8.26m USD (from shortTermDebt, last quarter)
Debt = 53.9m USD (from shortLongTermDebtTotal, last quarter) (leases 53.9m already included)
Net Debt = -3.38m USD (calculated: Debt 53.9m - CCE 57.3m)
Enterprise Value = 260.9m USD (264.3m + Debt 53.9m - CCE 57.3m)
Interest Coverage Ratio = 593.9 (Ebit TTM 41.6m / Interest Expense TTM 70.0k)
EV/FCF = 6.74x (Enterprise Value 260.9m / FCF TTM 38.7m)
FCF Yield = 14.84% (FCF TTM 38.7m / Enterprise Value 260.9m)
FCF Margin = 8.45% (FCF TTM 38.7m / Revenue TTM 458.4m)
Net Margin = 6.79% (Net Income TTM 31.1m / Revenue TTM 458.4m)
Gross Margin = 23.18% ((Revenue TTM 458.4m - Cost of Revenue TTM 352.2m) / Revenue TTM)
Gross Margin QoQ = 22.62% (prev 22.68%)
Tobins Q-Ratio = 0.90 (Enterprise Value 260.9m / Total Assets 290.2m)
Interest Expense / Debt = 0.13% (Interest Expense 70.0k / Debt 53.9m)
Taxrate = 25.15% (10.5m / 41.6m)
NOPAT = 31.1m (EBIT 41.6m * (1 - 25.15%))
Current Ratio = 3.44 (Total Current Assets 200.5m / Total Current Liabilities 58.2m)
Debt / Equity = 0.29 (Debt 53.9m / totalStockholderEquity, last quarter 185.3m)
Debt / EBITDA = -0.07 (Net Debt -3.38m / EBITDA 45.2m)
Debt / FCF = -0.09 (Net Debt -3.38m / FCF TTM 38.7m)
Total Stockholder Equity = 176.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.19% (Net Income 31.1m / Total Assets 290.2m)
RoE = 17.68% (Net Income TTM 31.1m / Total Stockholder Equity 176.1m)
RoCE = 18.75% (EBIT 41.6m / Capital Employed (Equity 176.1m + L.T.Debt 45.6m))
RoIC = 14.32% (NOPAT 31.1m / Invested Capital 217.3m)
WACC = 7.64% (E(264.3m)/V(318.2m) * Re(9.18%) + D(53.9m)/V(318.2m) * Rd(0.13%) * (1-Tc(0.25)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 64.44 | Cagr: 2.53%
[DCF] Terminal Value 77.97% ; FCFF base≈33.5m ; Y1≈38.4m ; Y5≈56.6m
[DCF] Fair Price = 209.7 (EV 851.5m - Net Debt -3.38m = Equity 854.8m / Shares 4.08m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.85 | EPS CAGR: 104.2% | SUE: 1.68 | # QB: 6
Revenue Correlation: 99.40 | Revenue CAGR: 6.38% | SUE: -0.45 | # QB: 0
EPS next Quarter (2026-09-30): EPS=1.11 | Chg30d=+19.35% | Revisions=+20% | Analysts=1
EPS current Year (2026-06-30): EPS=4.78 | Chg30d=+2.80% | Revisions=+20% | GrowthEPS=+14.6% | GrowthRev=+2.8%
EPS next Year (2027-06-30): EPS=5.05 | Chg30d=+19.39% | Revisions=+20% | GrowthEPS=+5.7% | GrowthRev=+4.0%