Quality
Return on equity
24.8% Computed
From the FY2026 filing
ValueScreener company report
Flexsteel Industries, Inc. (FLXS)
NASDAQ / Consumer Cyclical / Furnishings, Fixtures & Appliances
Share price
86.77 USD Market dataClose of Oct 15, 2026Market capitalisation
464.7M USD Market dataClose of Oct 15, 2026- Market data
- Oct 15, 2026
- Filed accounts
- FY2026, filed Aug 19, 2026
- Ratios computed
- Oct 15, 2026
- Filed years
- 16, FY2010 to FY2026
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
- SEC filingFiled with the SEC
- Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
- Company statementCompany statement
- What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
- Market dataMarket data
- Prices, market value and what analysts publish, with the date they are as of.
- ComputedComputed by ValueScreener
- Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading
1 of 10
Overview
What the business is, what it costs, and how it reads on four questions.
Market dataSEC filingComputed
Four questions, at a glance
Financial strength
Current ratio
2.09 Computed
From the FY2026 filing
Valuation
Price to earnings
13.43x Computed
FY2026 accounts, priced at the latest close
Cash generation
Free cash flow yield
10.1% Computed
FY2026 accounts, priced at the latest close
Revenue and net income, as filed
- Named tests met
- 2 of 30 Which tests
The business, and the score behind its five axes
The reading, in brief
- Is it cheap
Price to earnings is 13.43x at the close of 2026-10-15 on FY2026 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits between 10.00x and 15.00x.
Today, against the Consumer Cyclical sector (302 companies), 13.43x sits at the 27th percentile; the middle half of that group runs from 12.87x to 31.26x.
- Is it good
Return on equity was 24.8% in FY2026, in the band labelled "Strong" (15.0% to 25.0%), on lines anchored on Damodaran's cost-of-capital data, suggesting high returns on shareholders' money, which leverage can also produce.
Today, against the Consumer Cyclical sector (436 companies), 24.8% sits at the 84th percentile; the middle half of that group runs from -19.6% to 16.9%.
- Is it safe
Interest coverage was 1,934.09x in FY2026, in the band labelled "Comfortable" (6.00x and above), on lines anchored on Damodaran's interest-coverage table, suggesting an interest bill operating profit covers many times over.
- Year by year against peers
- Whether Flexsteel Industries, Inc.'s return on equity stayed above the median of the Consumer Cyclical sector, year by year. (FY2024 to FY2025, 2 fiscal years of Flexsteel Industries, Inc. with a comparable figure)
- The direction
- Which way Flexsteel Industries, Inc.'s return on equity has moved, and how steadily. (FY2017 to FY2026, 10 filed years of Flexsteel Industries, Inc.)
- What could explain it
- What in Flexsteel Industries, Inc.'s filed statements could explain the movements. (8 readings drawn from the statement lines Flexsteel Industries, Inc. filed)
- What to check next
- What to check next on Flexsteel Industries, Inc., and where in its filings. (3 questions for Flexsteel Industries, Inc.)
- In one paragraph
- One paragraph on Flexsteel Industries, Inc.'s returns, cash, balance sheet and price. (12 of sixteen figures read for Flexsteel Industries, Inc.)
These are FLXS’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.
Research FLXSPart of Serious. New accounts start with 30 days of Professional, free, no card.
2 of 10
What changed
The newest filing, what it moved, and when the next one is due.
SEC filingCompany statement
The newest accounts on file are the FY2026 annual report: 10-K, filed Aug 19, 2026, accession 0001193125-26-357097.
3 of 10
Quality
The returns the business earns on its capital, and the margins behind them.
SEC filingComputed
| Figure | Value, source and document |
|---|---|
Return on invested capital, after taxWhy n/aThe filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Return on equity | 24.8% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Return on capital employed, pre-tax | 23.9% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Return on assets | 13.0% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Gross margin | 24.7% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Operating margin | 9.3% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Net margin | 7.2% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
FLXS 7.2%
1.0%7.2%
4 of 10
Financial strength
What it owes against what it owns, and whether it can meet what falls due.
SEC filingComputedCompany statement
| Figure | Value, source and document |
|---|---|
Debt to equityWhy n/aThe filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Current ratio | 2.09 ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Quick ratio | 0.90 ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Interest coverage | 1934.09x ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Altman Z-score | 6.32 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
Net debtWhy n/aThe FY2026 balance sheet carries no net debt we could read. | n/a ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
The balance sheet, line by line
Financial health
What Flexsteel Industries, Inc owned and owed at the end of fiscal 2026, from the balance sheet it filed (10-K, filed Aug 19, 2026, 0001193125-26-357097).
| Total assets | 254.0M FiledFY2026 10-K, filed Aug 19, 2026 |
|---|---|
| Total liabilities | 120.5M FiledFY2026 10-K, filed Aug 19, 2026 |
| Shareholders' equity | 133.5M FiledFY2026 10-K, filed Aug 19, 2026 |
| Cash | 16.7M FiledFY2026 10-K, filed Aug 19, 2026 |
| Total debt | n/a FiledFY2026 10-K, filed Aug 19, 2026 |
| Net debt | n/a |
| Current ratio | 2.09 |
| Debt to equity | n/a |
- Debt to equity: FY2026: The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.
Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.
5 of 10
Valuation context
What the market charges for it, against its own record and companies like it.
Market dataSEC filingComputed
| Figure | Value, source and document |
|---|---|
| Price to earnings | 13.43x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| P/E on trailing twelve months | 14.50x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings |
| Price to book | 3.55x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Price to sales | 1.03x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
Enterprise value to EBITWhy n/aWe do not hold this figure for this company, so there is nothing to show. | n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
Enterprise value to EBITDAWhy n/aWe do not hold this figure for this company, so there is nothing to show. | n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Price to earnings over growth | 0.89 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Diluted earnings per share | 6.07 USD FiledFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Graham number | 59.64 USD ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
We publish no fair value or price target of our own. Value FLXS on your own assumptions in the DCF workbench, starting from the filed figures.
Its own record, and companies like it
Valuation
What the market charges for Flexsteel Industries, Inc today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.
| Share price | 86.77 USD |
|---|---|
| Market capitalisation | 464.7M USD |
| Enterprise value to EBITDA | n/a |
| Graham number | 59.64 USD |
| Diluted earnings per share, FY2026 | 6.07 USD |
Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Oct 3, 2016: low 5.82x, median 15.42x, high 112.45x, latest 14.50x. 1,929 trading days with a meaningful ratio, 593 more on a loss and left out. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.
Companies like Flexsteel Industries, Inc
- Ethan Allen Interiors Inc. (ETD)Market cap 513.2M USD
- Hamilton Beach Brands Holding Company (HBB)Market cap 461.2M USD
- La-Z-Boy Incorporated (LZB)Market cap 1.22B USD
- MillerKnoll, Inc. (MLKN)Market cap 1.49B USD
- MasterBrand, Inc. (MBC)Market cap 1.39B USD
Same industry (Furnishings, Fixtures & Appliances) and size band (Small, 300M to 2B), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.
6 of 10
Cash generation
Whether profit arrives as cash, and what is paid back to shareholders.
SEC filingComputed
| Figure | Value, source and document |
|---|---|
| Free cash flow yield | 10.1% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Free cash flow | 47.6M USD ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Free cash flow margin | 10.4% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Dividend yield | 1.0% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Payout ratio | 13.2% ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
7 of 10
Filings
Every figure, the year it is for and the document it was read from.
SEC filingMarket data
The filed figures
Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.
| Figure | Value | Year | As of |
|---|---|---|---|
| 13.43x | FY2026 | Oct 15, 2026 | |
FormulaShare price / earnings per share. Where the filing states no earnings per share this listing can be priced on, which is every 20-F and 40-F filer because theirs is stated per ordinary share, it is market capitalisation / net income: the same multiple, undiluted. As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 3.55x | FY2026 | Oct 15, 2026 | |
FormulaMarket capitalisation / shareholders equity As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| n/a | FY2026 | Oct 15, 2026 | |
| n/a Enterprise value is the market value plus total debt less cash, and the filed balance sheet reports no debt total or no cash. | |||
Formula(Market capitalisation + total debt - cash) / operating income, or over the filing's own EBIT (income before tax + interest expense) where the filer tags no operating line, as Johnson & Johnson does not in any of its ten filed years. As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tabForm10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 10.1% | FY2026 | Oct 15, 2026 | |
FormulaFree cash flow per share / share price x 100 As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| n/a | FY2026 | Aug 19, 2026 | |
| n/a The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | |||
FormulaVendor trailing-twelve-month return on invested capital where one is published, which uses after-tax operating profit over total assets less current liabilities. Otherwise our own recompute: NOPAT / (shareholders equity + total debt - cash) x 100, where NOPAT is the filed operating profit after tax, or the filing's own EBIT after tax where the filer tags no operating line. As ofThe filing date of the statements below, for FY2026. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tabForm10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 1.0% | FY2026 | Oct 15, 2026 | |
FormulaCommon dividends paid in the latest filed year / market capitalisation x 100. n/a where the filing cannot support it: a special or first-year payment, a total that mixes preferred dividends, or a cash-flow statement over 15 months old. As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| n/a | FY2026 | Aug 19, 2026 | |
| n/a The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | |||
FormulaTotal debt / shareholders equity As ofThe filing date of the statements below, for FY2026. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 2.09 | FY2026 | Aug 19, 2026 | |
FormulaCurrent assets / current liabilities As ofThe filing date of the statements below, for FY2026. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 1.03x | FY2026 | Oct 15, 2026 | |
FormulaMarket capitalisation / revenue As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 0.89 | FY2026 | Oct 15, 2026 | |
FormulaPrice to earnings / the annual earnings growth rate, in percentage points As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 6.32 | FY2026 | Oct 15, 2026 | |
Formula1.2 x working capital/assets + 1.4 x retained earnings/assets + 3.3 x EBIT/assets + 0.6 x market value of equity/total liabilities + 1.0 x revenue/assets As ofThe close on Oct 15, 2026, over the filed figures of FY2026: a price is in this figure, and it moved after the filing. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tabForm10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| -2.66 | FY2026 | Aug 19, 2026 | |
FormulaAn eight-variable index of year-on-year changes in receivables, gross margin, asset quality, revenue, depreciation, overheads, leverage and accruals As ofThe filing date of the statements below, for FY2026. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tabForm10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tabForm10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
| 7/9 | FY2026 | Aug 19, 2026 | |
FormulaOne point each for: positive return on assets, positive operating cash flow, rising return on assets, operating cash flow above net income, falling leverage, rising current ratio, no new shares issued, rising gross margin, rising asset turnover. As ofThe filing date of the statements below, for FY2026. Form10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itIncome statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tabForm10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itBalance sheetFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tabForm10-KFiledAug 19, 2026PeriodFY2026Accession0001193125-26-357097What we read from itCash flow statementFY2026Open on SEC.gov, accession 0001193125-26-357097, leaves this page and opens in a new tab | |||
The figures are computed from the accounts for fiscal 2026, the newest full year on file. 16 filed fiscal years on record, FY2010 to FY2026, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.
The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.
Ten years of filed figures, year by year
Ten years of filed figures
10 filed fiscal years, FY2017 to FY2026, read from the annual reports Flexsteel Industries, Inc filed with the SEC. Each year names its filing. Amounts in USD, as filed.
| Year | Revenue | Operating income | Net income | EPS, diluted | Free cash flow | Operating margin | Return on equity | Filing |
|---|---|---|---|---|---|---|---|---|
| FY2026 | 459.2M | 42.5M | 33.1M | 6.07 | 47.6M | 9.3% | 24.8% | 10-K, Aug 19, 20260001193125-26-357097 |
| FY2025 | 441.1M | 26.6M | 20.2M | 3.55 | 33.7M | 6.0% | 12.0% | 10-K, Aug 22, 20250000950170-25-110965 |
| FY2024 | 412.8M | 17.1M | 10.5M | 1.91 | 27.1M | 4.1% | 7.0% | 10-K, Aug 30, 20240000950170-24-102402 |
| FY2023 | 393.7M | 10.5M | 14.8M | 2.74 | 18.2M | 2.7% | 10.4% | 10-K, Aug 25, 20230000037472-23-000024 |
| FY2022 | 544.3M | 6.6M | 1.9M | 0.28 | 4.1M | 1.2% | 1.4% | 10-K, Aug 26, 20220000037472-22-000045 |
| FY2021 | 478.9M | 31.2M | 23.0M | 3.09 | -35.3M | 6.5% | 13.7% | 10-K, Sep 8, 20210000037472-21-000023 |
| FY2020 | 366.9M | -34.4M | -26.8M | -3.37 | 14.6M | -9.4% | -15.3% | 10-K, Aug 31, 20200000037472-20-000043 |
| FY2019 | 443.6M | -43.2M | -32.6M | -4.13 | -14.6M | -9.7% | -15.9% | 10-K, Sep 13, 20190000897101-19-000829 |
| FY2018 | 489.2M | 24.5M | 17.7M | 2.23 | -2.2M | 5.0% | 7.3% | 10-K, Sep 6, 20180000897101-18-000887 |
| FY2017 | 468.8M | 37.3M | 23.8M | 3.02 | 12.9M | 8.0% | 10.3% | 10-K, Aug 22, 20170000897101-17-001032 |
- Revenue, compound annual growth FY2017 to FY2026: -0.2%
- Earnings, compound annual growth FY2017 to FY2026: 3.7%
- Earnings per share, compound annual growth FY2017 to FY2026: 8.1%
- Free cash flow, compound annual growth FY2017 to FY2026: 15.6%
Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.
8 of 10
Risks and guardrails
The accounting screens, the published tests, and the lines you can set to be told.
ComputedCompany statement
| Figure | Value, source and document |
|---|---|
| Beneish M-score | -2.66 ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Piotroski F-score | 7/9 ComputedFY2026 10-K, filed Aug 19, 2026, 0001193125-26-357097 |
| Named tests met | 2 of 30 Computed |
| Beta | 0.70 ComputedClose of Oct 15, 2026 |
The named tests
Of 30 tests value investors published: 2 met, 20 not met, 8 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.
Which tests, by name(all 30)
- Meets
- Low P/S, rising earnings (James O'Shaughnessy); Cash-covered dividend
- Does not
- Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; High F-score, low P/B (Joseph Piotroski); Three forensic scores; High returns and growth; Gross margin, turnover (Robert Novy-Marx); High yield, low payout; Dividends and buybacks; Near the 52-week low; Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); High returns, low debt; Owner earnings yield; High return on tangibles; Book or below, low debt (Walter Schloss); Tangible book or below; Cheapest quarter on P/E (David Dreman); Cheapest quarter on P/B (David Dreman); Low P/E, growth, yield (John Neff)
- Not measured
- Earnings yield and ROIC (Joel Greenblatt); Low PEG, low debt (Peter Lynch); EV/EBITDA and coverage; Low beta, profitable; ROIC at or above WACC; Z-score and coverage (Edward Altman); Cash-flow yield and ROIC; Clean books, high ROIC. A test with a figure we could not read is incomplete, never met and never failed.
Figures we could not read(5)
- Debt to Equity: The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.
- EV/EBIT: We do not hold this figure for this company, so there is nothing to show.
- Return on Invested Capital: The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.
- EV/EBITDA: We do not hold this figure for this company, so there is nothing to show.
- ROIC-WACC Spread: We do not hold this figure for this company, so there is nothing to show.
9 of 10
Declared positions
Whether anybody here owns this company.
Positions declared by Javier Sanz Alvarez: no holding in any company shown here, as of October 3, 2026.
10 of 10
Next step
What to do with what you have read.
A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.
What this cannot tell you
- 5 figures could not be read on this company, among them Debt to Equity, EV/EBIT, Return on Invested Capital. Each blank in the table above names the rest, with its reason. 8 named tests come back incomplete because of them, which is neither met nor missed.
And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.
Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.
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ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.