Flexsteel Industries, Inc. manufactures, imports, and markets residential and commercial upholstered and wood furniture products in the United States. The company was founded in 1929 and is based in Dubuque, Iowa.
FLXS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Flexsteel Industries Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Flexsteel Industries Inc ranked in the 61th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 48.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Flexsteel Industries Inc, consider:
As a business, FLXS is generating more cash flow than merely 14.68% of positive cash flow stocks in the Consumer Cyclical.
The business' balance sheet suggests that 5% of the company's capital is sourced from debt; this is greater than only 16.78% of the free cash flow producing stocks we're observing.
Flexsteel Industries Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -469.32. This coverage rate is greater than that of only 0.68% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FLXS, try CHUY, BWA, ETH, TJX, and TACO.
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, announced today that it will issue its second quarter 2021 financial results after market close on Monday, January 25, 2021. A conference call and audio webcast with analysts and investors will be held on Tuesday, January 26, 2021 at 8:00 a.m. Central Time to discuss the results and a
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) announced its Board of Directors declared a quarterly dividend of $0.10 a share, payable January 4, 2021 to shareholders of record as of December 23, 2020. Flexsteel has paid cash dividends on its common stock each year since 1938. This is the 316th consecutive quarterly cash dividend. About Flexsteel Flexsteel Industries, Inc. and Subsidiaries (the “Company”) is one of the largest manufacturers, importers and online marke
DUBUQUE, Iowa--(BUSINESS WIRE)--Flexsteel Industries, Inc. (NASDAQ:FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers and online marketers of furniture products in the United States, today reported first quarter 2021 financial results. Highlights for the First Quarter Ended September 30, 2020 Net sales increased 4.9% to $105.2 million compared to $100.3 million in the prior year quarter Organic net sales1, excluding discontinued Vehicle Seating and Hospitality pro