← Back to Stock Screener← Stock Screener

ZYBERNO

Stock Report

Updated Aug 31, 2026

FLEXIBLE SOLUTIONS INTERNATIONAL INC. (FSI)

Materials • NYSE

$5.96

Professional Investment Analysis

ZYBERNO SCORE →

Is it a great business? Is it getting better?

27.0/100

POOR BUSINESS

FLEXIBLE SOLUTIONS INTERNATIONAL INC. (FSI) scores 27/100 — concerning metrics indicating significant structural or financial risks.

📊 How is the Zyberno Score calculated? +

The Zyberno Score answers one question: "Is this a quality business worth owning?" It's a 0-100 investment grade that evaluates business fundamentals across four critical dimensions, based on principles from Warren Buffett, Benjamin Graham, Peter Lynch, and Charlie Munger.

The 4 Core Categories (25 points each):

1. PROFITABILITY (25 pts)

Metrics: ROE, ROIC, Net Margin, Operating Margin
Thresholds: ROE >20% excellent • ROIC >20% excellent • Net Margin >20% excellent • Operating Margin >25% excellent

2. FINANCIAL STRENGTH (25 pts)

Metrics: Debt-to-Equity, Current Ratio, Interest Coverage, Altman Z-Score
Thresholds: D/E <0.3 excellent • Current Ratio >2.5 excellent • Interest Coverage >10x excellent • Altman Z >3.0 safe

3. CASH FLOW QUALITY (25 pts)

Metrics: Free Cash Flow, OCF vs Net Income, FCF Margin
Thresholds: Positive & growing FCF excellent • OCF/NI >1.2x excellent (cash earnings exceed accounting)

4. GROWTH & CONSISTENCY (25 pts)

Metrics: Revenue Growth, Net Income Growth, FCF Growth, Piotroski F-Score
Thresholds: Growth via log-linear regression • Piotroski 8-9 excellent, 6-7 good

Score Interpretation:

75-100

GREAT BUSINESS

65-74

GOOD BUSINESS

50-64

AVERAGE BUSINESS

30-49

WEAK BUSINESS

0-29

POOR BUSINESS

→ View full FSI quality analysis & detailed breakdown

VALUATION SIGNAL

MARGIN OF SAFETY

Is this stock cheap or expensive relative to what the business has historically generated for owners?

-100.0%

Overvalued

Growth gap unavailable — insufficient data for reverse DCF calculation.

🎯 Expected Annual Return →

-40.0%

5-year annualised assuming price converges to intrinsic value

💰 How is Margin of Safety calculated? +

Margin of Safety measures how much discount or premium you're paying relative to a stock's intrinsic value. It's Benjamin Graham's core principle: the larger the margin, the lower your downside risk.

Formula: (Intrinsic Value − Current Price) ÷ Intrinsic Value × 100%

How We Calculate Intrinsic Value (DCF Method):

Step 1: Calculate current Owner Earnings (OCF − Maintenance CapEx)

Step 2: Calculate company-specific growth rate using log-linear regression on 16 quarters of Owner Earnings

Step 3: Project 10 years forward using the calculated growth rate

Step 4: Discount each year's cash flow to present value using 10% discount rate

Step 5: Calculate terminal value using 3% perpetual growth rate

Step 6: Sum all discounted cash flows = Intrinsic Value

What The Percentages Mean:

+50% or more

EXCELLENT — Very undervalued

+25% to +50%

GOOD — Attractive discount

0% to +25%

FAIR — Reasonable value

0% to -25%

CAUTION — Slight premium

-25% or worse

POOR — Overvalued

"Price is what you pay, value is what you get." — Warren Buffett

→ View full FSI valuation analysis · → View full FSI Brina Gap analysis

📈 How is Brina Gap calculated? +

Brina Gap measures the difference between the growth a business can fundamentally sustain and the growth the market is already pricing in.

Formula: Fundamental Growth Rate − Market-Implied Growth Rate

The Two Components:

Fundamental Growth Rate = ROIC × Reinvestment Rate

What the business can sustainably grow at based on how much it reinvests and what return it earns on that capital. Grounded in historical financials.

Market-Implied Growth Rate = Reverse DCF

The growth rate the current Enterprise Value implicitly assumes. Calculated by back-solving a 10-year DCF model (10% WACC, 3% terminal growth) until the present value of projected cash flows equals EV.

What The Gap Means:

Gap > +5% Market Underestimates — potential upside

+2% to +5% Slight Underestimate

-2% to +2% Fairly Priced — market consensus matches fundamentals

-5% to -2% Slight Overestimate

Gap < -5% Market Overestimates — price embeds optimism fundamentals don't support

A positive gap (market underestimates) combined with a positive Margin of Safety is the strongest combined signal — the business is both cheap historically and forward economics are stronger than the price suggests.

Critical Financial Health Indicators

Return on Equity (Profitability):CRITICAL (-3.2%)

Debt-to-Equity (Solvency Risk):EXCELLENT (0.20x)

Operating Margin (Operational Efficiency):CRITICAL (-2.6%)

Return on Capital (Capital Efficiency):CRITICAL (-1.8%)

📊 Valuation Trilogy

Three interconnected metrics for complete valuation analysis

Click any metric for full methodology and detailed analysis

Zyberno's Verdict

FLEXIBLE SOLUTIONS INTERNATIONAL INC. (FSI) stock report — Zyberno Score 27/100 (POOR BUSINESS), Margin of Safety -100.0%, -40% expected annual return. Full financial analysis on Zyberno.

According to Zyberno's DCF model, FLEXIBLE SOLUTIONS INTERNATIONAL INC. (FSI) trades at $5.96 against an estimated intrinsic value per share of $0.43 — a -100.0% Margin of Safety based on Owner Earnings of $498.33K TTM, projected at -1.9% growth for 10 years with a 2.5% terminal growth rate. Zyberno's model translates this into a 5-year expected return of -40.0% annually.

Over the trailing twelve months, FSI generated $498.33K in Owner Earnings. Capital was deployed as follows: $4.08M paid as dividends, $6.25M invested in capital expenditures. Owner Earnings have declined at 1.9% annually over the trailing five years using log-linear regression.

DIVISION I: EXECUTIVE SUMMARY

A. Market Valuation

Market Price & Capitalization (2)

Current Price:5.96

Market Cap:$75.96M

Valuation Multiples (3)

P/B Ratio:1.86x

P/S Ratio:2.13x

Peg Ratio:-999.00x

Enterprise Metrics (2)

Enterprise Value:$73.00M

Ev Ebitda Ratio:67.05x

Price Action & Momentum (3)

12-1 Momentum:

-4.9% (75th pctile)

📈 Click to view full FSI Momentum analysis →

Momentum Percentile:75 / 100

% of 52-Week High:51.9%

B. Profitability Assessment

Return Metrics (3)

ROE:

-3.2%

📊 Click to view full FSI ROE analysis →

ROA:-2.3%

Roic:

-1.8%

📊 Click to view full FSI ROIC analysis →

Margin Analysis (3)

Operating Margin Ttm:-2.6%

Net Margin Ttm:-3.8%

Ebitda Margin:3.1%

TTM Performance (3)

Gross Margin Ttm:19.1%

Operating Margin Ttm:-2.6%

Net Margin Ttm:-3.8%

Yield Metrics (3)

Earnings Yield:-$2.20

Owner Earnings Yield:$0.78

Dividend Yield:6.4%

C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

Earnings Surprise (SUE):

-4.00

📊 Click to view full FSI Earnings Surprise analysis →

EPS Surprise vs Expected:-186.0%

Latest Earnings Filed:2026-08-14

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):-6.6%

Earnings Growth (Linear) (1)

Net Income Growth Rate (Linear):-3.5%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):-37.6%

Operating Cash Flow Growth Rate (Linear):0.1%

Operating Growth (Linear) (1)

Operating Income Growth Rate (Linear):-7.1%

D. Financial Stability

Liquidity Ratios (3)

Current Ratio:2.82x

Quick Ratio:1.35x

Cash Ratio:0.70x

Leverage Analysis (3)

Debt To Equity Ttm:0.20x

Debt-to-Equity Ratio:0.20x

Debt To Ebitda:3.90x

Coverage Ratios (2)

Interest Coverage Ratio:34.66x

Times Interest Earned:34.66

Capital Structure (4)

Working Capital:18,691,445.00

Cash And Cash Equivalents:7,197,785.00

Long Term Debt:$3.81M

Net Debt:-$2.95M

DIVISION II: FINANCIAL STATEMENTS ANALYSIS

A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $35.58M

Linear Growth: -6.6%

📊 Click to view full FSI Revenue analysis & methodology →

Cost Of Revenue Ttm:$28.78M

Profitability Breakdown (2)

Gross profit TTM: $6.80M

Linear Growth: -2.8%

📊 Click to view full FSI Gross Profit analysis & methodology →

Operating income TTM: -$933.97K

Linear Growth: -7.1%

📊 Click to view full FSI Operating Income analysis & methodology →

Bottom Line Performance (3)

Net income TTM: -$1.37M

Linear Growth: -3.5%

📊 Click to view full FSI Net Income analysis & methodology →

Income Before Tax:-$2.32M

Ebitda Ttm:1,088,704.00

Operating Expenses (5)

Operating Expenses:7,738,012.00

R And D Expense:565,717.00

Sga Expense:4,770,887.00

Income Tax Expense:$2.03M

Interest Expense:132,741.00

Expense Ratios (3)

R And D To Revenue Percentage:7.4%

Sga To Revenue Percentage:62.7%

Ebitda Margin:3.1%

B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$58.97M

Current Assets:$28.99M

Ppe Net:18,106,665.00

Goodwill:2,534,275.00

Intangible Assets:$3.74M

Liability Structure (4)

Total Liabilities:18,079,118.00

Current Liabilities:10,295,171.00

Long Term Debt:$3.81M

Short Term Debt:$429.69K

Equity & Capital (3)

Equity:$40.89M

Retained Earnings:$17.19M

Common Stock:50,000,000.00

Working Capital Items (3)

Accounts Receivable:4,440,720.00

Inventory:15,094,292.00

Accounts Payable:3,069,171.00

Special Items (2)

Contract Liabilities:77,941.00

Stock Based Compensation:109,773.00

C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: $2.51M

Linear Growth: 9.0%

Free cash flow TTM: -$3.75M

Linear Growth: -37.6%

📊 Click to view full FSI Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:-$1.50M

Capital Expenditures Ttm:6,253,547.00

Financing Activities (3)

Financing Cash Flow:$2.60M

Dividends Paid Ttm:4,078,359.00

Stock Repurchase:0.00

Capital Transactions (3)

Common Stock Issuance:50,200.00

Long Term Debt Issuance:$2.16M

Long Term Debt Repayments:$101.64K

Non-Cash Items (1)

Depreciation Amortization Ttm:2,022,678.00

DIVISION III: OPERATIONAL METRICS

A. Per Share Analysis

Earnings Per Share (3)

EPS (Basic TTM):-0.11

Eps diluted TTM: -$0.11

Linear Growth: -8.3%

📊 Click to view full FSI EPS analysis & methodology →

Earnings Per Share Ttm:-$0.11

Revenue & Cash Per Share (2)

Sales Per Share Ttm:2.79

Operating Cash Flow Per Share:$0.30

Book Value & Capital (2)

Book Value Per Share:$3.21

Cash Per Share:0.56

Dividend Policy (1)

Dividend Payout Ratio:-999.00x

B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.59x

Working Capital Turnover Ttm:1.90x

Receivables Management (2)

Receivables Turnover Ttm:8.01x

Days Sales Outstanding Ttm:45.55

Inventory Management (2)

Inventory Turnover Ttm:1.91x

Days Inventory Outstanding Ttm:191.45

Payables & Cash Cycle (2)

Days Payable Outstanding:38.93

Cash Conversion Cycle:198.08

C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:100.00

Quality Score:95.00

Market Metrics (2)

Beta:0.00x

Volatility Category:unknown

DIVISION IV: INVESTMENT ANALYSIS

A. Value Investment Framework

Owner Earnings Analysis (3)

Owner earnings TTM: $498.33K

Linear Growth: -1.9%

📊 Click to view full FSI Owner Earnings analysis & methodology →

Owner Earnings Per Share:$0.04

Owner Earnings Yield:$0.78

Growth Assessment (1)

Owner Earnings Growth Rate:-$1.95

Intrinsic Value Models (1)

Intrinsic Value:

$5.48M

📊 Click to view full FSI DCF valuation →

Margin of Safety (1)

Margin Of Safety:

-100.0%

📊 Click to view full FSI valuation analysis →

Return Scenarios (1)

Theoretical 5-Year Return:

-40.0%

📊 Click to view full FSI expected return analysis →

Investment Assessment (1)

Buffett Assessment:Overvalued

B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (3)

Revenue Growth Rate (Linear):-6.6%

Net Income Growth Rate (Linear):-3.5%

Operating Income Growth Rate (Linear):-7.1%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):-37.6%

Operating Cash Flow Growth Rate (Linear):0.1%

Other Growth Rates (3)

Gross Profit Growth Rate (Linear):-2.8%

Book Value Growth Rate (Linear):7.8%

Owner Earnings Growth Rate:-$1.95

C. Company Profile & Context

Corporate Information (6)

Symbol:FSI

Company Name:FLEXIBLE SOLUTIONS INTERNATIONAL INC.

Sector:Materials

Industry:Miscellaneous Chemical Products

Exchange:NYSE

Country:Canada

Market Classification (3)

Market Cap Category:N/A

Price Category:low

Volume Category:N/A

Share Structure (3)

Shares Outstanding:12.74M

Shares Outstanding Basic:12.74M

Shares Outstanding Diluted:12.74M

Data Processing Info (3)

Processing Version:v3.0

Last Updated:2026-08-31 21:04:16 UTC

Data Timestamp:2026-08-19T22:47:24.497065