Flexible Solutions International, Inc.FSI

$6.48+0.07 (+1.09%)
AMEXBasic Materials24:00 UTC

Company snapshot

Market Cap
$83M
Micro-cap
+394%
2016 — today
10-Year Price
+349%
2016 — today
52-Week Range
$4.36$11.25
Current $6.48· 31%

Flexible Solutions International, Inc., headquartered in Taber, Canada, operates as a global enterprise focused on the development, manufacturing, and distribution of specialized chemicals primarily aimed at reducing water evaporation. The company's operations are divided into two main areas: Energy and Water Conservation Products, and Biodegradable Polymers. Within its Biodegradable Polymers division, a significant offering includes thermal polyaspartates (TPAs). These chemicals are utilized in oilfields to combat scale formation and corrosion within various water systems. For the agricultural industry, TPAs play a role in minimizing fertilizer crystallization both before and during application, as well as preventing the formation of crystals between fertilizer and existing soil minerals. In irrigation, they avert the early clogging of drip ports, which helps to lower maintenance costs and prolong the equipment's operational life. Furthermore, TPAs serve as additives in household laundry detergents, consumer care products, and pesticides. The Energy and Water Conservation Products segment features solutions such as nitrogen preservation products for agriculture, designed to slow down nitrogen loss from fields. The company also markets HEATSAVR, a chemical product that creates a thin, transparent layer on the surface of swimming pools and spas. Additionally, WATERSAVR is offered to substantially decrease water evaporation in a variety of settings, including reservoirs, potable water storage tanks, livestock watering ponds, aqueducts, canals, and irrigation ditches, alongside applications for lawn and turf care, and potted and bedding plants.

Valuation in context

P/E ratio
117.8
Near historic high
Near historic highs — last 10 years
P/B ratio
1.9
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
15.7
Near historic high
Near historic highs — last 10 years
FCF Yield
-4.5%
Near historic low
Near historic low — last 10 years
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