FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
NYSE:FTK - US3433894090 - Common Stock
12.14 USD
-0.05 (-0.41%)
12.14 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to FTK. FTK was compared to 84 industry peers in the Chemicals industry. While FTK is still in line with the averages on profitability rating, there are concerns on its financial health. FTK is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
FTK had positive earnings in the past year.
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
With an excellent Return On Assets value of 8.19%, FTK belongs to the best of the industry, outperforming 89.29% of the companies in the same industry.
FTK has a Return On Equity of 19.64%. This is amongst the best in the industry. FTK outperforms 88.10% of its industry peers.
With an excellent Return On Invested Capital value of 12.95%, FTK belongs to the best of the industry, outperforming 92.86% 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
Looking at the Profit Margin, with a value of 6.59%, FTK is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
Looking at the Operating Margin, with a value of 9.38%, FTK is in line with its industry, outperforming 55.95% of the companies in the same industry.
Looking at the Gross Margin, with a value of 22.53%, FTK is in line with its industry, outperforming 41.67% of the companies in the same industry.
In the last couple of years the Gross Margin of FTK has grown nicely.
| 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.
FTK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FTK has more shares outstanding
FTK has a better debt/assets ratio than last year.
2.2 Solvency
FTK has an Altman-Z score of 1.51. This is a bad value and indicates that FTK is not financially healthy and even has some risk of bankruptcy.
FTK's Altman-Z score of 1.51 is on the low side compared to the rest of the industry. FTK is outperformed by 66.67% of its industry peers.
FTK has a debt to FCF ratio of 19.28. This is a negative value and a sign of low solvency as FTK would need 19.28 years to pay back of all of its debts.
With a Debt to FCF ratio value of 19.28, FTK perfoms like the industry average, outperforming 48.81% of the companies in the same industry.
FTK has a Debt/Equity ratio of 0.62. This is a neutral value indicating FTK is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.62, FTK perfoms like the industry average, outperforming 53.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.28 | ||
| Altman-Z | 1.51 |
ROIC/WACC1.44
WACC8.96%
2.3 Liquidity
FTK has a Current Ratio of 1.59. This is a normal value and indicates that FTK is financially healthy and should not expect problems in meeting its short term obligations.
FTK's Current ratio of 1.59 is on the low side compared to the rest of the industry. FTK is outperformed by 67.86% of its industry peers.
FTK has a Quick Ratio of 1.36. This is a normal value and indicates that FTK is financially healthy and should not expect problems in meeting its short term obligations.
FTK has a Quick ratio (1.36) which is in line with 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.
The Revenue has grown by 21.72% in the past year. This is a very strong growth!
FTK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.39% yearly.
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
FTK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.32% yearly.
EPS Next Y103.22%
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
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.07, the valuation of FTK can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as FTK.
FTK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.17.
Based on the Price/Forward Earnings ratio of 12.58, the valuation of FTK can be described as correct.
FTK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FTK is cheaper than 70.24% of the companies in the same industry.
FTK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.07 | ||
| Fwd PE | 12.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTK is valued a bit more expensive than the industry average as 65.48% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FTK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 155.18 | ||
| EV/EBITDA | 18.77 |
4.3 Compensation for Growth
FTK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FTK's earnings are expected to grow with 71.04% in the coming years.
PEG (NY)0.21
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 |
12.14
-0.05 (-0.41%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners29.46%
Inst Owner Change25.13%
Ins Owners3.02%
Ins Owner Change0.15%
Market Cap362.50M
Analysts77.78
Price Target17.95 (47.86%)
Short Float %18.71%
Short Ratio4.35
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)2.33%
PT rev (3m)60%
EPS NQ rev (1m)-1.73%
EPS NQ rev (3m)33.83%
EPS NY rev (1m)-2.87%
EPS NY rev (3m)-18.93%
Revenue NQ rev (1m)2.29%
Revenue NQ rev (3m)-7.27%
Revenue NY rev (1m)3.06%
Revenue NY rev (3m)10.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.07 | ||
| Fwd PE | 12.58 | ||
| P/S | 1.69 | ||
| P/FCF | 155.18 | ||
| P/OCF | 67.68 | ||
| P/B | 5.05 | ||
| P/tB | 5.05 | ||
| EV/EBITDA | 18.77 |
EPS(TTM)0.55
EY4.53%
EPS(NY)0.97
Fwd EY7.95%
FCF(TTM)0.08
FCFY0.64%
OCF(TTM)0.18
OCFY1.48%
SpS7.17
BVpS2.41
TBVpS2.41
PEG (NY)0.21
PEG (5Y)N/A
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
ROICexcg growth 3YN/A
ROICexcg 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 | 1.51 |
F-Score5
WACC8.96%
ROIC/WACC1.44
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 Y103.22%
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 Year235.7%
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