FLEXSTEEL INDUSTRIES INC (FLXS)

Household Furniture

Latest Price

$81.40

TTM P/E

14.85

Normalized P/E

32.06

Div Yield

0.98%

Book Value

34.75

P/B Ratio

2.34

Valuation metrics

EPS: $6.07

Book value / share: $32.50

Formula: √(22.5 × EPS × BVPS)

Graham Number

$66.63

19% downside

Norm. op. income: $17M (median of 7yr)

Tax rate: 27%

Discount rate: 10%

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

Earnings Power Value

$34.52

58% downside

Base FCF: $27M (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

$495.34

+505% upside

EPS: $6.07

Target P/E: 32×

Formula: EPS × P/E

P/E Fair Value

$194.24

+137% upside

66.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
DIMENSIONAL FUND ADVISORS LP	365.5K	$27.0M	8.90%	+8.2K	2026-06-30
BlackRock, Inc.	276.4K	$20.0M	6.73%	-2.3K	2026-06-30
AMERICAN CENTURY COMPANIES INC	168.6K	$12.0M	4.11%	+26.6K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	156.5K	$11.0M	3.81%	-31.9K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	147.0K	$10.0M	3.58%	+4.8K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	94.9K	$7.0M	2.31%	+3.9K	2026-06-30
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	91.5K	$6.0M	2.23%	--	2026-06-30
STATE STREET CORP	78.4K	$5.0M	1.91%	+1.0K	2026-06-30
JACOBS LEVY EQUITY MANAGEMENT, INC	75.8K	$5.0M	1.85%	+42.3K	2026-06-30
BRIDGEWAY CAPITAL MANAGEMENT, LLC	66.1K	$4.0M	1.61%	+2.3K	2026-06-30