FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
NYSE:FTK - New York Stock Exchange, Inc. - US3433894090 - Common Stock - Currency: USD
FTK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 85 industry peers in the Chemicals industry. FTK has an excellent financial health rating, but there are some minor concerns on its profitability. FTK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FTK had positive earnings in the past year.
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
FTK's Return On Assets of 8.41% is amongst the best of the industry. FTK outperforms 89.41% of its industry peers.
With an excellent Return On Equity value of 11.96%, FTK belongs to the best of the industry, outperforming 83.53% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.74%, FTK belongs to the top of the industry, outperforming 82.35% of the companies in the same industry.
| 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 75.29% of its industry peers.
FTK's Operating Margin of 7.68% is in line compared to the rest of the industry. FTK outperforms 41.18% of its industry peers.
FTK's Gross Margin of 21.29% is on the low side compared to the rest of the industry. FTK is outperformed by 64.71% of its industry peers.
FTK's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for FTK has been increased compared to 1 year ago.
FTK has more shares outstanding than it did 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 4.61. This indicates that FTK is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of FTK (4.61) is better than 90.59% 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 | 4.61 |
ROIC/WACC1.06
WACC9.17%
2.3 Liquidity
A Current Ratio of 2.19 indicates that FTK has no problem at all paying its short term obligations.
FTK has a Current ratio (2.19) which is in line with its industry peers.
FTK has a Quick Ratio of 1.88. This is a normal value and indicates that FTK is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FTK (1.88) is better than 78.82% 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.
Looking at the last year, FTK shows a quite strong growth in Revenue. The Revenue has grown by 11.96% in the last year.
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
Based on estimates for the next years, FTK will show a very strong growth in Earnings Per Share. The EPS will grow by 92.08% on average per year.
FTK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.79% yearly.
EPS Next Y150.66%
EPS Next 2Y92.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.27%
Revenue Next 2Y9.79%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
FTK is valuated quite expensively with a Price/Earnings ratio of 33.31.
Based on the Price/Earnings ratio, FTK is valued a bit more expensive than the industry average as 63.53% of the companies are valued more cheaply.
FTK is valuated rather expensively when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.31 indicates a correct valuation of FTK.
Based on the Price/Forward Earnings ratio, FTK is valued a bit cheaper than 65.88% of the companies in the same industry.
FTK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.31 | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTK is valued a bit more expensive than the industry average as 76.47% 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 | 101.6 | ||
| EV/EBITDA | 26.81 |
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 92.08% in the coming years.
PEG (NY)0.22
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 |
14.99
+0.47 (+3.24%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners20.36%
Inst Owner Change41.86%
Ins Owners2.37%
Ins Owner Change0.17%
Market Cap447.15M
Analysts80
Price Target11.22 (-25.15%)
Short Float %4.37%
Short Ratio2.86
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)2.33%
PT rev (3m)25.71%
EPS NQ rev (1m)15.65%
EPS NQ rev (3m)26.92%
EPS NY rev (1m)31.6%
EPS NY rev (3m)65.71%
Revenue NQ rev (1m)-3.8%
Revenue NQ rev (3m)-10.68%
Revenue NY rev (1m)-1.14%
Revenue NY rev (3m)-4.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.31 | ||
| Fwd PE | 12.31 | ||
| P/S | 2.21 | ||
| P/FCF | 101.6 | ||
| P/OCF | 65.88 | ||
| P/B | 3.74 | ||
| P/tB | 3.74 | ||
| EV/EBITDA | 26.81 |
EPS(TTM)0.45
EY3%
EPS(NY)1.22
Fwd EY8.12%
FCF(TTM)0.15
FCFY0.98%
OCF(TTM)0.23
OCFY1.52%
SpS6.77
BVpS4.01
TBVpS4.01
PEG (NY)0.22
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 | 4.61 |
F-Score7
WACC9.17%
ROIC/WACC1.06
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 Year8.27%
Revenue Next 2Y9.79%
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