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Profile - Flanders Corporation (NasdaqNM:FLDR)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Financials
Recent Events
Aug 27Price hit new 52-week low ($1.26)
Aug 16Earnings Announcement
Location
2399 26th Avenue North
St. Petersburg, FL 33734
Phone: (727) 822-4411
Fax: (919) 946-3425
Email: bcroft@flanderscorp.com
Employees (last reported count): 2,719
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Capital Goods
 ·Industry: Misc. Capital Goods
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Ownership
·Insider and 5%+ Owners: 58%
·Institutional: 27% (64% of float)
(31 institutions)
·Net Inst. Buying: 56.0K shares (+0.79%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Flanders Corporation designs, manufactures and sells air filters and related products, and is focused on providing complete environmental control systems for end uses ranging from controlling contaminants in residences and commercial office buildings through specialized manufacturing environments for semiconductors and viruses. The Company's air filters are utilized by many industries, including those associated with commercial and residential heating, ventilation and air conditioning systems, semiconductor manufacturing, ultra-pure materials, biotechnology, pharmaceuticals, synthetics, nuclear power and nuclear materials processing. The Company also designs and manufactures much of its own production equipment to automate its processes in order to decrease labor costs associated with its standard products. Flanders produces glass-based air filter media for many of its products.
More from Market Guide: Expanded Business Description

Financial Summary
Flanders Corp. designs, manufactures and markets a range of air filtration products, including high efficiency particulate air filters, mid-range filters for personal and commercial use, and standard-grade filters for furnaces and air-conditioners. For the six months ended 6/30/01, net sales rose 3% to $97 million. Net income from continuing operations fell 50% to $1.4 million. Results reflect the capture of additional market share, offset by lower gross margins.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Pay

Robert Amerson, 49
Pres, CEO,
$255K
Steven Clark, 47
COO, VP of Fin., Chief Financial Officer,
250K
Leonard Fetcho, 59
VP of Operations and Pres of Eco-Air Products, Inc.
177K
C. Wood, 60
VP of Sales for the Company and Precisionaire
305K
John Cherry, 56
VP- Engineered Products and Gen. Mang. Flanders Filters, Inc. and Flanders/CSC
163K
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:FLDRAs of 31-Aug-2001
Price and Volume
52-Week Low
on 27-Aug-2001
$1.26 
Recent Price$2.08 
52-Week High
on 7-Sep-2000
$3.00 
Beta0.13 
Daily Volume (3-month avg)19.6K
Daily Volume (10-day avg)13.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-16.8%
52-Week Change
relative to S&P500
+11.6%
Share-Related Items
Market Capitalization$54.1M
Shares Outstanding26.0M
Float10.9M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$3.79 
Earnings (ttm)-$0.23 
Earnings (mrq)$0.02 
Sales (ttm)$7.67 
Cash (mrq)$0.02 
Valuation Ratios
Price/Book (mrq)0.55 
Price/EarningsN/A 
Price/Sales (ttm)0.27 
Income Statements
Sales (ttm)$196.9M
EBITDA (ttm)-$6.04M
Income available to common (ttm)-$5.93M
Profitability
Profit Margin (ttm)-3.0%
Operating Margin (ttm)-3.1%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-3.23%
Return on Equity (ttm)-5.72%
Financial Strength
Current Ratio (mrq)2.77 
Debt/Equity (mrq)0.53 
Total Cash (mrq)$453.0K
Short Interest
As of 8-Aug-2001
Shares Short0 
Shares Short
(Prior Month)
4,000 
Daily Volume22.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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