FLEXSTEEL INDUSTRIES INC (FLXS)

Household Furniture

Latest Price

$74.03

TTM P/E

13.51

Normalized P/E

29.16

Div Yield

1.08%

Book Value

34.75

P/B Ratio

2.13

Valuation metrics

EPS: $3.55

Book value / share: $31.63

Formula: √(22.5 × EPS × BVPS)

Graham Number

$50.26

32% downside

Norm. op. income: $11M (median of 7yr)

Tax rate: 30%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$21.54

71% downside

Base FCF: $23M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$325.24

+339% upside

EPS: $3.55

Target P/E: 29×

Formula: EPS × P/E

P/E Fair Value

$102.95

+39% upside

46.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
DIMENSIONAL FUND ADVISORS LP	357.3K	$16.0M	6.68%	-526	2026-03-31
BlackRock, Inc.	278.7K	$12.0M	5.21%	-3.6K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	188.4K	$8.0M	3.52%	--	2026-03-31
RENAISSANCE TECHNOLOGIES LLC	142.2K	$6.0M	2.66%	+10.4K	2026-03-31
AMERICAN CENTURY COMPANIES INC	142.0K	$6.0M	2.65%	+10.9K	2026-03-31
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	91.5K	$4.0M	1.71%	+545	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	91.0K	$4.0M	1.70%	+1.8K	2026-03-31
STATE STREET CORP	77.4K	$3.0M	1.45%	-6.7K	2026-03-31
BRIDGEWAY CAPITAL MANAGEMENT, LLC	63.8K	$2.0M	1.19%	-354	2026-03-31
RBF Capital, LLC	55.0K	$2.0M	1.03%	--	2026-03-31