| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | 5 | 6 |
| total | individual payouts | |
|---|---|---|
| 2026 | 0.45 |
—
—
|
| 2025 | 0.77 |
—
—
—
—
|
| 2024 | 0.64 |
—
—
—
—
|
| 2023 | 0.60 |
—
—
—
—
|
| 2022 | 0.60 |
—
—
—
—
|
| 2021 | 0.60 |
—
—
—
—
|
| 2020 | 0.42 |
—
—
—
—
|
| 2019 | 0.88 |
—
—
—
—
|
| 2018 | 0.88 |
—
—
—
—
|
| 2017 | 0.84 |
—
—
—
—
|
| 2016 | 0.76 |
—
—
—
—
|
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Cash | 3.37 | 4.76 | 40.01 | 16.68 |
| Receivables | 38.17 | 44.24 | 35.23 | 42.66 |
| Inventory | 122.08 | 96.58 | 89.14 | 90.59 |
| Other | 7.03 | 9.81 | 8.00 | 8.44 |
| 170.64 | 155.38 | 172.37 | 158.37 |
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Payables | 24.75 | 25.83 | 25.62 | 36.24 |
| ST’ Debt | 7.18 | — | — | — |
| Other | 23.18 | — | — | — |
| 55.11 | 60.41 | 62.01 | 75.67 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Sep | Dec | Mar | Jun | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | 110.44 | 118.25 | 115.13 | 115.37 |
459.18
|
| ’25 | 104.01 | 108.48 | 113.97 | 114.61 |
441.07
|
| ’24 | 94.60 | 100.11 | 107.22 | 110.82 |
412.75
|
| ’23 | 95.68 | 93.14 | 99.05 | 105.82 |
393.69
|
| ’22 | 137.69 | 141.67 | 140.41 | 124.52 |
544.28
|
| ’21 | 105.24 | 119.11 | 118.41 | 136.17 |
478.93
|
| Sep | Dec | Mar | Jun | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | 4.11 | 1.01 | 22.07 | 24.32 |
51.52
|
| ’25 | 2.40 | 6.69 | 12.26 | 15.63 |
36.98
|
| ’24 | (1.78) | 18.95 | 7.20 | 7.52 |
31.88
|
| ’23 | 12.99 | 11.65 | 5.82 | (7.47) |
22.99
|
| ’22 | (44.31) | 3.32 | 37.09 | 11.90 |
7.99
|
| ’21 | (2.19) | (8.75) | (4.47) | (17.29) |
(32.69)
|
| Sep | Dec | Mar | Jun | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | 2.76 | (0.73) | 21.65 | 23.93 |
47.60
|
| ’25 | 1.97 | 12.49 | 11.74 | 19.06 |
45.26
|
| ’24 | (3.14) | 17.24 | 5.89 | 11.29 |
31.29
|
| ’23 | 11.12 | 11.35 | 4.40 | (8.33) |
18.54
|
| ’22 | (43.69) | 3.09 | 35.76 | 10.92 |
6.08
|
| ’21 | (1.87) | 8.80 | (5.76) | (17.80) |
(16.63)
|
| Sep | Dec | Mar | Jun | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | 1.31 | 1.18 | 1.14 | 2.58 |
6.07
|
| ’25 | 0.74 | 1.62 | (0.71) | 1.89 |
3.55
|
| ’24 | 0.14 | 0.57 | 0.33 | 0.89 |
1.91
|
| ’23 | 0.05 | 0.53 | 0.28 | 1.91 |
2.74
|
| ’22 | 0.61 | (1.13) | 0.82 | (0.05) |
0.28
|
| ’21 | 0.49 | 1.13 | 0.67 | 0.81 |
3.09
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 13.46 | 15.38 | 17.55 | 29.38 | 38.22 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 29.87 | 24.96 | 65.87 | 64.14 | 88.49 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,800 | 1,700 | 1,500 | 1,400 | 1,200 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.30 | 0.23 | 0.28 | 0.32 | 0.38 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 544.28 | 393.69 | 412.75 | 441.07 | 459.18 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13.35% | 18.02% | 21.14% | 22.21% | 24.70% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.90 | 9.22 | 15.55 | 26.97 | 43.82 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.08% | 2.34% | 3.77% | 6.11% | 9.54% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.85 | 14.78 | 10.53 | 20.15 | 33.13 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.17 | 4.57 | 4.00 | 3.65 | 3.83 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 86.00 | 75.35 | 79.84 | 84.03 | 89.60 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | 0.29 | 2.83 | 2.04 | 3.84 | 6.46 | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.26 | 4.40 | 6.17 | 7.05 | 10.05 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.30) | (0.85) | (0.11) | 1.58 | (0.76) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.96 | 3.55 | 6.05 | 8.62 | 9.29 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.79 | 27.10 | 29.08 | 31.98 | 26.05 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.33 | 5.23 | 5.17 | 5.25 | 5.13 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 60.00 | 6.73 | 16.13 | 9.36 | 11.22 | ‡‡‡‡ | ‡‡‡‡ | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.21 | 0.25 | 0.41 | 0.43 | 0.83 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.87 | 0.71 | 1.13 | 1.13 | 2.86 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.29 | 0.34 | 0.43 | 0.36 | 0.82 | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 25.64 | 7.12 | 5.67 | 3.54 | 7.90 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.99 | 22.99 | 31.88 | 36.98 | 51.52 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.92) | (4.45) | (0.59) | 8.28 | (3.92) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.08 | 18.54 | 31.29 | 45.26 | 47.60 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 125.44 | 115.54 | 94.98 | 110.36 | 82.71 | — | — | — |
Working Cap'
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 44.10 | 35.45 | 4.82 | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 41.92 | 32.09 | 0.06 | (40.01) | (16.68) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 131.56 | 141.62 | 150.37 | 167.86 | 133.50 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.66% | 5.28% | 3.73% | 7.24% | 12.35% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.38% | 3.79% | 7.10% | 13.01% | 22.77% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.24% | 10.82% | 7.21% | 12.67% | 21.99% | — | — | — |
ROE
|
Flexsteel Industries (FLXS), a resilient veteran in residential furniture manufacturing, has staged a compelling recovery from pandemic lows, with revenue rebounding from $366.9 million in 2020 to $412.8 million in 2024 and projected to hit $475 million by 2028 amid modest 3-7% annual growth tied to housing market stabilization. Gross margins expanded to 21.1% through cost controls and supply chain tweaks, while EPS surged 88% to $3.84 in 2024, fueling ROE projections near 13% and ROIC at 13.0%—signs of efficient operations under CEO Jerry Dimos’s leadership pivot to vertical integration and e-commerce.
The balance sheet shines with debt slashed 89% to near-zero net debt, bolstered by $50 million in cumulative free cash flow over 2023-2024, enabling buybacks that shrank shares 34% since 2020 peaks. Trading at a forward P/E of 9.4x, PS of 0.4x, and EV/FCF of 3.5x—below historical norms—FLXS appears undervalued versus peers, especially with 10-15% EPS growth ahead.
Yet, sparse insider buying (just one sell) and a 6% premium to analyst targets temper optimism amid housing softness and inflation risks. This value recovery play promises 10-15% annualized returns through 2028 if margins hold and rates ease—dive into the full analysis for the data correlations and macro catalysts driving the bull case.
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