FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
NYSE:FTK - New York Stock Exchange, Inc. - US3433894090 - Common Stock - Currency: USD
Overall FTK gets a fundamental rating of 5 out of 10. We evaluated FTK against 84 industry peers in the Chemicals industry. FTK is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. FTK has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FTK was profitable.
FTK had a positive operating cash flow in the past year.
In multiple years FTK reported negative net income over the last 5 years.
FTK had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of FTK (8.41%) is better than 90.48% of its industry peers.
FTK's Return On Equity of 11.96% is amongst the best of the industry. FTK outperforms 83.33% of its industry peers.
FTK's Return On Invested Capital of 9.74% is amongst the best of the industry. FTK outperforms 82.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 11.96% | ||
| ROIC | 9.74% |
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
FTK has a better Profit Margin (7.09%) than 76.19% of its industry peers.
FTK's Operating Margin of 7.68% is in line compared to the rest of the industry. FTK outperforms 44.05% of its industry peers.
FTK has a Gross Margin of 21.29%. This is in the lower half of the industry: FTK underperforms 64.29% of its industry peers.
In the last couple of years the Gross Margin of FTK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.68% | ||
| PM (TTM) | 7.09% | ||
| GM | 21.29% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FTK is still creating some value.
FTK has more shares outstanding than it did 1 year ago.
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 4.42. This indicates that FTK is financially healthy and has little risk of bankruptcy at the moment.
FTK's Altman-Z score of 4.42 is amongst the best of the industry. FTK outperforms 90.48% of its industry peers.
FTK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 4.42 |
ROIC/WACC1.08
WACC9.04%
2.3 Liquidity
FTK has a Current Ratio of 2.19. This indicates that FTK is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of FTK (2.19) is comparable to the rest of the industry.
A Quick Ratio of 1.88 indicates that FTK should not have too much problems paying its short term obligations.
FTK has a better Quick ratio (1.88) than 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1025.00% over the past year.
FTK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.96%.
Measured over the past years, FTK shows a quite strong growth in Revenue. The Revenue has been growing by 9.39% on average per year.
EPS 1Y (TTM)1025%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%240%
Revenue 1Y (TTM)11.96%
Revenue growth 3Y62.86%
Revenue growth 5Y9.39%
Sales Q2Q%37.12%
3.2 Future
FTK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 92.08% yearly.
Based on estimates for the next years, FTK will show a quite strong growth in Revenue. The Revenue will grow by 11.33% on average per year.
EPS Next Y150.66%
EPS Next 2Y92.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year13.65%
Revenue Next 2Y11.33%
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 31.24, the valuation of FTK can be described as expensive.
FTK's Price/Earnings ratio is a bit more expensive when compared to the industry. FTK is more expensive than 63.10% of the companies in the same industry.
FTK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.35.
FTK is valuated reasonably with a Price/Forward Earnings ratio of 11.55.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTK indicates a somewhat cheap valuation: FTK is cheaper than 64.29% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FTK to the average of the S&P500 Index (22.19), we can say FTK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.24 | ||
| Fwd PE | 11.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTK is valued a bit more expensive than the industry average as 76.19% 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 | 95.3 | ||
| EV/EBITDA | 25.83 |
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 92.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y92.08%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FTK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.06
-0.39 (-2.7%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners28.4%
Inst Owner Change41.86%
Ins Owners3.02%
Ins Owner Change0.19%
Market Cap419.41M
Analysts80
Price Target17.14 (21.91%)
Short Float %8.32%
Short Ratio2.88
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)38.43%
Min EPS beat(2)27.46%
Max EPS beat(2)49.39%
EPS beat(4)3
Avg EPS beat(4)19.72%
Min EPS beat(4)-10.33%
Max EPS beat(4)49.39%
EPS beat(8)4
Avg EPS beat(8)-44.41%
EPS beat(12)6
Avg EPS beat(12)-62.69%
EPS beat(16)7
Avg EPS beat(16)-60.88%
Revenue beat(2)2
Avg Revenue beat(2)14.46%
Min Revenue beat(2)3.05%
Max Revenue beat(2)25.86%
Revenue beat(4)3
Avg Revenue beat(4)7.44%
Min Revenue beat(4)-0.82%
Max Revenue beat(4)25.86%
Revenue beat(8)4
Avg Revenue beat(8)-1.12%
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)48.48%
PT rev (3m)86.67%
EPS NQ rev (1m)1.01%
EPS NQ rev (3m)23.92%
EPS NY rev (1m)0%
EPS NY rev (3m)65.71%
Revenue NQ rev (1m)7.07%
Revenue NQ rev (3m)-0.9%
Revenue NY rev (1m)4.97%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.24 | ||
| Fwd PE | 11.55 | ||
| P/S | 2.08 | ||
| P/FCF | 95.3 | ||
| P/OCF | 61.8 | ||
| P/B | 3.5 | ||
| P/tB | 3.5 | ||
| EV/EBITDA | 25.83 |
EPS(TTM)0.45
EY3.2%
EPS(NY)1.22
Fwd EY8.66%
FCF(TTM)0.15
FCFY1.05%
OCF(TTM)0.23
OCFY1.62%
SpS6.77
BVpS4.01
TBVpS4.01
PEG (NY)0.21
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 11.96% | ||
| ROCE | 12.34% | ||
| ROIC | 9.74% | ||
| ROICexc | 10.25% | ||
| ROICexgc | 10.25% | ||
| OM | 7.68% | ||
| PM (TTM) | 7.09% | ||
| GM | 21.29% | ||
| FCFM | 2.18% |
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-Score7
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 258.51% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | 19.28 | ||
| Cash Conversion | 41.27% | ||
| Profit Quality | 30.74% | ||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.88 | ||
| Altman-Z | 4.42 |
F-Score7
WACC9.04%
ROIC/WACC1.08
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)1025%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%240%
EPS Next Y150.66%
EPS Next 2Y92.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.96%
Revenue growth 3Y62.86%
Revenue growth 5Y9.39%
Sales Q2Q%37.12%
Revenue Next Year13.65%
Revenue Next 2Y11.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y245.32%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year235.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y112.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y119.38%
OCF growth 3YN/A
OCF growth 5YN/A