FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
USA - NYSE:FTK - US3433894090 - Common Stock
17.31 USD
-1.44 (-7.68%)
17.15 USD
-0.16 (-0.92%)
Overall FTK gets a fundamental rating of 5 out of 10. We evaluated FTK against 82 industry peers in the Chemicals industry. FTK has an average financial health and profitability rating. FTK is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year FTK was profitable.
In the past year FTK had a positive cash flow from operations.
In multiple years FTK reported negative net income over the last 5 years.
In the past 5 years FTK reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of FTK (8.19%) is better than 87.80% of its industry peers.
FTK has a better Return On Equity (19.64%) than 87.80% of its industry peers.
With an excellent Return On Invested Capital value of 12.95%, FTK belongs to the best of the industry, outperforming 92.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.19% | ||
| ROE | 19.64% | ||
| ROIC | 12.95% |
ROA(3y)-1.28%
ROA(5y)-44.59%
ROE(3y)-531.16%
ROE(5y)-406.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FTK (6.59%) is better than 73.17% of its industry peers.
FTK has a Operating Margin (9.38%) which is in line with its industry peers.
FTK has a Gross Margin of 22.53%. This is comparable to the rest of the industry: FTK outperforms 41.46% of its industry peers.
FTK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.38% | ||
| PM (TTM) | 6.59% | ||
| GM | 22.53% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y40.33%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FTK is creating some value.
Compared to 1 year ago, FTK has more shares outstanding
The number of shares outstanding for FTK has been increased compared to 5 years ago.
Compared to 1 year ago, FTK has an improved debt to assets ratio.
2.2 Solvency
FTK has an Altman-Z score of 2.43. This is not the best score and indicates that FTK is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.43, FTK is doing good in the industry, outperforming 73.17% of the companies in the same industry.
The Debt to FCF ratio of FTK is 19.28, which is on the high side as it means it would take FTK, 19.28 years of fcf income to pay off all of its debts.
FTK's Debt to FCF ratio of 19.28 is in line compared to the rest of the industry. FTK outperforms 50.00% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that FTK is somewhat dependend on debt financing.
FTK has a Debt to Equity ratio of 0.62. This is comparable to the rest of the industry: FTK outperforms 56.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.28 | ||
| Altman-Z | 2.43 |
ROIC/WACC1.48
WACC8.77%
2.3 Liquidity
A Current Ratio of 1.59 indicates that FTK should not have too much problems paying its short term obligations.
The Current ratio of FTK (1.59) is worse than 68.29% of its industry peers.
A Quick Ratio of 1.36 indicates that FTK should not have too much problems paying its short term obligations.
FTK has a Quick ratio of 1.36. This is comparable to the rest of the industry: FTK outperforms 58.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
FTK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 150.00%, which is quite impressive.
Looking at the last year, FTK shows a very strong growth in Revenue. The Revenue has grown by 21.72%.
The Revenue has been growing by 9.39% on average over the past years. This is quite good.
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%166.67%
Revenue 1Y (TTM)21.72%
Revenue growth 3Y62.86%
Revenue growth 5Y9.39%
Sales Q2Q%26.43%
3.2 Future
The Earnings Per Share is expected to grow by 71.04% on average over the next years. This is a very strong growth
Based on estimates for the next years, FTK will show a quite strong growth in Revenue. The Revenue will grow by 15.32% on average per year.
EPS Next Y106.28%
EPS Next 2Y71.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year19.58%
Revenue Next 2Y15.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
FTK is valuated quite expensively with a Price/Earnings ratio of 31.47.
Compared to the rest of the industry, the Price/Earnings ratio of FTK indicates a slightly more expensive valuation: FTK is more expensive than 60.98% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.10, FTK is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 17.93, the valuation of FTK can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTK is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.52, FTK is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.47 | ||
| Fwd PE | 17.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTK indicates a slightly more expensive valuation: FTK is more expensive than 78.05% of the companies listed in the same industry.
FTK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 221.27 | ||
| EV/EBITDA | 26.07 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FTK's earnings are expected to grow with 71.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y71.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FTK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.31
-1.44 (-7.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners36.09%
Inst Owner Change1.05%
Ins Owners3%
Ins Owner Change0.22%
Market Cap516.88M
Revenue(TTM)214.21M
Net Income(TTM)14.11M
Analysts80
Price Target18.77 (8.43%)
Short Float %21.33%
Short Ratio6.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)30.32%
Min EPS beat(2)11.25%
Max EPS beat(2)49.39%
EPS beat(4)4
Avg EPS beat(4)25.11%
Min EPS beat(4)11.25%
Max EPS beat(4)49.39%
EPS beat(8)5
Avg EPS beat(8)50.58%
EPS beat(12)6
Avg EPS beat(12)-66%
EPS beat(16)7
Avg EPS beat(16)-60.3%
Revenue beat(2)2
Avg Revenue beat(2)17.41%
Min Revenue beat(2)8.95%
Max Revenue beat(2)25.86%
Revenue beat(4)4
Avg Revenue beat(4)9.88%
Min Revenue beat(4)1.64%
Max Revenue beat(4)25.86%
Revenue beat(8)4
Avg Revenue beat(8)-0.6%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)4.55%
PT rev (3m)6.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.58%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.47 | ||
| Fwd PE | 17.93 | ||
| P/S | 2.41 | ||
| P/FCF | 221.27 | ||
| P/OCF | 96.5 | ||
| P/B | 7.19 | ||
| P/tB | 7.19 | ||
| EV/EBITDA | 26.07 |
EPS(TTM)0.55
EY3.18%
EPS(NY)0.97
Fwd EY5.58%
FCF(TTM)0.08
FCFY0.45%
OCF(TTM)0.18
OCFY1.04%
SpS7.17
BVpS2.41
TBVpS2.41
PEG (NY)0.3
PEG (5Y)N/A
Graham Number5.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.19% | ||
| ROE | 19.64% | ||
| ROCE | 17.09% | ||
| ROIC | 12.95% | ||
| ROICexc | 13.5% | ||
| ROICexgc | 13.5% | ||
| OM | 9.38% | ||
| PM (TTM) | 6.59% | ||
| GM | 22.53% | ||
| FCFM | 1.09% |
ROA(3y)-1.28%
ROA(5y)-44.59%
ROE(3y)-531.16%
ROE(5y)-406.73%
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 3Y40.33%
GM growth 5YN/A
F-Score5
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.28 | ||
| Debt/EBITDA | 2.12 | ||
| Cap/Depr | 280.93% | ||
| Cap/Sales | 1.41% | ||
| Interest Coverage | 13.71 | ||
| Cash Conversion | 25.3% | ||
| Profit Quality | 16.56% | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 2.43 |
F-Score5
WACC8.77%
ROIC/WACC1.48
Cap/Depr(3y)140.85%
Cap/Depr(5y)93.69%
Cap/Sales(3y)0.64%
Cap/Sales(5y)0.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%166.67%
EPS Next Y106.28%
EPS Next 2Y71.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)21.72%
Revenue growth 3Y62.86%
Revenue growth 5Y9.39%
Sales Q2Q%26.43%
Revenue Next Year19.58%
Revenue Next 2Y15.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y142.03%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year245.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y109.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y123.35%
OCF growth 3YN/A
OCF growth 5YN/A
FLOTEK INDUSTRIES INC / FTK FAQ
What is the ChartMill fundamental rating of FLOTEK INDUSTRIES INC (FTK) stock?
ChartMill assigns a fundamental rating of 5 / 10 to FTK.
What is the valuation status of FLOTEK INDUSTRIES INC (FTK) stock?
ChartMill assigns a valuation rating of 3 / 10 to FLOTEK INDUSTRIES INC (FTK). This can be considered as Overvalued.
Can you provide the profitability details for FLOTEK INDUSTRIES INC?
FLOTEK INDUSTRIES INC (FTK) has a profitability rating of 5 / 10.
What is the valuation of FLOTEK INDUSTRIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FLOTEK INDUSTRIES INC (FTK) is 31.47 and the Price/Book (PB) ratio is 7.19.
What is the financial health of FLOTEK INDUSTRIES INC (FTK) stock?
The financial health rating of FLOTEK INDUSTRIES INC (FTK) is 4 / 10.