Flexible Solutions International Inc. (FSI) intrinsic value & 10-year financials
Flexible Solutions International Inc. (FSI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 10.1% a year to $38.5M, with an average return on invested capital of 12.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $6.05
- Market cap
- $82.2M
- Revenue (FY2025)
- $38.5M
- Revenue growth (10-yr CAGR)
- 10.1%
- ROIC (10-yr avg)
- 12.8%
- Free cash flow (FY2025)
- -$591.7K
FSI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $38.5M | $786.9K | $0.06 | -$591.7K | 11.9% | 5.8% |
| FY2024 | $38.2M | $3.0M | $0.24 | $603.6K | 14.4% | 11.1% |
| FY2023 | $38.3M | $2.8M | $0.22 | $2.0M | 7.8% | 8.4% |
| FY2022 | $45.8M | $7.0M | $0.56 | -$504.4K | 15.4% | 25.3% |
| FY2021 | $34.4M | $3.4M | $0.28 | $3.8M | 15.9% | 14.9% |
| FY2020 | $31.4M | $3.0M | — | $4.6M | 13.1% | 13.1% |
| FY2019 | $27.4M | $1.9M | — | $538.6K | 7.0% | 8.8% |
| FY2018 | $17.8M | $2.5M | — | -$2.3M | 7.3% | 9.8% |
| FY2017 | $15.5M | $1.8M | $0.15 | $615.9K | 9.8% | 11.5% |
| FY2016 | $16.2M | $1.8M | $0.15 | $1.7M | 19.0% | 18.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
FLEXIBLE SOLUTIONS INTERNATIONAL INC is a consistent compounder, expanding top-line revenue at 10.1% annually over the past decade.
FLEXIBLE SOLUTIONS INTERNATIONAL INC returns on capital have been average, hovering around 12.8% ROIC over the decade.
Over the decade, FLEXIBLE SOLUTIONS INTERNATIONAL INC shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, FLEXIBLE SOLUTIONS INTERNATIONAL INC is modeled at -9.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.56 per share.