FUEL TECH INC (FTEK) Stock Fundamental Analysis

NASDAQ:FTEK • US3595231073

1.45 USD
+0.07 (+5.07%)
Last: Feb 20, 2026, 08:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, FTEK scores 4 out of 10 in our fundamental rating. FTEK was compared to 80 industry peers in the Commercial Services & Supplies industry. While FTEK has a great health rating, there are worries on its profitability. FTEK does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year FTEK has reported negative net income.
  • In the past year FTEK had a positive cash flow from operations.
  • In the past 5 years FTEK reported 4 times negative net income.
  • In multiple years FTEK reported negative operating cash flow during the last 5 years.
FTEK Yearly Net Income VS EBIT VS OCF VS FCFFTEK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5M -10M -15M

1.2 Ratios

  • FTEK's Return On Assets of -6.27% is on the low side compared to the rest of the industry. FTEK is outperformed by 66.25% of its industry peers.
  • FTEK's Return On Equity of -7.33% is on the low side compared to the rest of the industry. FTEK is outperformed by 60.00% of its industry peers.
Industry RankSector Rank
ROA -6.27%
ROE -7.33%
ROIC N/A
ROA(3y)-3.28%
ROA(5y)-4.78%
ROE(3y)-3.76%
ROE(5y)-6.07%
ROIC(3y)N/A
ROIC(5y)N/A
FTEK Yearly ROA, ROE, ROICFTEK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20 -30 -40

1.3 Margins

  • FTEK has a Gross Margin of 46.06%. This is amongst the best in the industry. FTEK outperforms 82.50% of its industry peers.
  • In the last couple of years the Gross Margin of FTEK has grown nicely.
  • FTEK does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 46.06%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.79%
GM growth 5Y3.6%
FTEK Yearly Profit, Operating, Gross MarginsFTEK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • FTEK does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, FTEK has more shares outstanding
  • Compared to 5 years ago, FTEK has more shares outstanding
  • FTEK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FTEK Yearly Shares OutstandingFTEK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
FTEK Yearly Total Debt VS Total AssetsFTEK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

2.2 Solvency

  • Based on the Altman-Z score of 1.07, we must say that FTEK is in the distress zone and has some risk of bankruptcy.
  • FTEK has a Altman-Z score of 1.07. This is in the lower half of the industry: FTEK underperforms 68.75% of its industry peers.
  • There is no outstanding debt for FTEK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 1.07
ROIC/WACCN/A
WACC8.72%
FTEK Yearly LT Debt VS Equity VS FCFFTEK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M

2.3 Liquidity

  • A Current Ratio of 5.41 indicates that FTEK has no problem at all paying its short term obligations.
  • FTEK has a better Current ratio (5.41) than 92.50% of its industry peers.
  • A Quick Ratio of 5.34 indicates that FTEK has no problem at all paying its short term obligations.
  • FTEK has a Quick ratio of 5.34. This is amongst the best in the industry. FTEK outperforms 93.75% of its industry peers.
Industry RankSector Rank
Current Ratio 5.41
Quick Ratio 5.34
FTEK Yearly Current Assets VS Current LiabilitesFTEK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for FTEK have decreased strongly by -350.00% in the last year.
  • FTEK shows a decrease in Revenue. In the last year, the revenue decreased by -5.66%.
  • The Revenue has been decreasing by -3.80% on average over the past years.
EPS 1Y (TTM)-350%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-5.66%
Revenue growth 3Y1.13%
Revenue growth 5Y-3.8%
Sales Q2Q%-4.6%

3.2 Future

  • The Earnings Per Share is expected to grow by 37.36% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, FTEK will show a quite strong growth in Revenue. The Revenue will grow by 17.70% on average per year.
EPS Next Y-2%
EPS Next 2Y47.31%
EPS Next 3Y38.9%
EPS Next 5Y37.36%
Revenue Next Year5.56%
Revenue Next 2Y13.19%
Revenue Next 3Y14.22%
Revenue Next 5Y17.7%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
FTEK Yearly Revenue VS EstimatesFTEK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20M 40M 60M 80M
FTEK Yearly EPS VS EstimatesFTEK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 0.2 -0.2 0.4

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for FTEK. In the last year negative earnings were reported.
  • With a Price/Forward Earnings ratio of 142.16, FTEK can be considered very expensive at the moment.
  • FTEK's Price/Forward Earnings is on the same level as the industry average.
  • FTEK's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE N/A
Fwd PE 142.16
FTEK Price Earnings VS Forward Price EarningsFTEK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 100

4.2 Price Multiples

  • 81.25% of the companies in the same industry are more expensive than FTEK, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 16.99
EV/EBITDA N/A
FTEK Per share dataFTEK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

  • A more expensive valuation may be justified as FTEK's earnings are expected to grow with 38.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y47.31%
EPS Next 3Y38.9%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • FTEK does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

FUEL TECH INC

NASDAQ:FTEK (2/20/2026, 8:00:01 PM)

1.45

+0.07 (+5.07%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)11-04
Earnings (Next)03-02
Inst Owners23.01%
Inst Owner Change-4.46%
Ins Owners21.43%
Ins Owner Change0%
Market Cap45.05M
Revenue(TTM)24.71M
Net Income(TTM)-3.00M
Analysts82.86
Price Target4.08 (181.38%)
Short Float %0.4%
Short Ratio0.58
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.34%
Min EPS beat(2)-1.96%
Max EPS beat(2)34.64%
EPS beat(4)2
Avg EPS beat(4)-15.36%
Min EPS beat(4)-96.08%
Max EPS beat(4)34.64%
EPS beat(8)5
Avg EPS beat(8)15.28%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-16.15%
Min Revenue beat(2)-21.78%
Max Revenue beat(2)-10.53%
Revenue beat(4)0
Avg Revenue beat(4)-11.52%
Min Revenue beat(4)-21.78%
Max Revenue beat(4)-5.77%
Revenue beat(8)1
Avg Revenue beat(8)-9.25%
Revenue beat(12)4
Avg Revenue beat(12)-5.58%
Revenue beat(16)6
Avg Revenue beat(16)-4.12%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-50%
EPS NY rev (1m)0%
EPS NY rev (3m)-20%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.83%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 142.16
P/S 1.82
P/FCF 16.99
P/OCF 15.31
P/B 1.1
P/tB 1.17
EV/EBITDA N/A
EPS(TTM)-0.09
EYN/A
EPS(NY)0.01
Fwd EY0.7%
FCF(TTM)0.09
FCFY5.89%
OCF(TTM)0.09
OCFY6.53%
SpS0.8
BVpS1.32
TBVpS1.24
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -6.27%
ROE -7.33%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 46.06%
FCFM 10.73%
ROA(3y)-3.28%
ROA(5y)-4.78%
ROE(3y)-3.76%
ROE(5y)-6.07%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.79%
GM growth 5Y3.6%
F-Score4
Asset Turnover0.52
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr 42.67%
Cap/Sales 1.18%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 5.41
Quick Ratio 5.34
Altman-Z 1.07
F-Score4
WACC8.72%
ROIC/WACCN/A
Cap/Depr(3y)84.04%
Cap/Depr(5y)58.47%
Cap/Sales(3y)1.28%
Cap/Sales(5y)1.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-350%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y-2%
EPS Next 2Y47.31%
EPS Next 3Y38.9%
EPS Next 5Y37.36%
Revenue 1Y (TTM)-5.66%
Revenue growth 3Y1.13%
Revenue growth 5Y-3.8%
Sales Q2Q%-4.6%
Revenue Next Year5.56%
Revenue Next 2Y13.19%
Revenue Next 3Y14.22%
Revenue Next 5Y17.7%
EBIT growth 1Y-28.97%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40%
EBIT Next 3Y35.36%
EBIT Next 5Y32.25%
FCF growth 1Y292.17%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y353.71%
OCF growth 3YN/A
OCF growth 5YN/A

FUEL TECH INC / FTEK FAQ

Can you provide the ChartMill fundamental rating for FUEL TECH INC?

ChartMill assigns a fundamental rating of 4 / 10 to FTEK.


What is the valuation status for FTEK stock?

ChartMill assigns a valuation rating of 3 / 10 to FUEL TECH INC (FTEK). This can be considered as Overvalued.


What is the profitability of FTEK stock?

FUEL TECH INC (FTEK) has a profitability rating of 2 / 10.


What is the financial health of FUEL TECH INC (FTEK) stock?

The financial health rating of FUEL TECH INC (FTEK) is 7 / 10.