FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTK - US3433894090 - Common Stock
16.38 USD
+0.37 (+2.31%)
16.38 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to FTK. FTK was compared to 81 industry peers in the Chemicals industry. FTK has an average financial health and profitability rating. FTK is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
FTK had positive earnings in the past year.
In the past year FTK has reported a negative cash flow from operations.
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 has a better Return On Assets (15.01%) than 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 28.90%, FTK belongs to the top of the industry, outperforming 97.53% of the companies in the same industry.
FTK's Return On Invested Capital of 12.92% is amongst the best of the industry. FTK outperforms 90.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.01% | ||
| ROE | 28.9% | ||
| ROIC | 12.92% |
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 14.48%, FTK belongs to the top of the industry, outperforming 93.83% of the companies in the same industry.
FTK's Operating Margin of 12.08% is fine compared to the rest of the industry. FTK outperforms 65.43% of its industry peers.
Looking at the Gross Margin, with a value of 25.81%, FTK is in line with its industry, outperforming 46.91% of the companies in the same industry.
FTK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.08% | ||
| PM (TTM) | 14.48% | ||
| GM | 25.81% |
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
FTK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
The debt/assets ratio for FTK has been reduced compared to a year ago.
2.2 Solvency
FTK has an Altman-Z score of 2.69. 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.
The Altman-Z score of FTK (2.69) is better than 80.25% of its industry peers.
A Debt/Equity ratio of 0.42 indicates that FTK is not too dependend on debt financing.
FTK has a Debt to Equity ratio of 0.42. This is in the better half of the industry: FTK outperforms 71.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.69 |
ROIC/WACC1.47
WACC8.8%
2.3 Liquidity
A Current Ratio of 1.77 indicates that FTK should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.77, FTK is in line with its industry, outperforming 43.21% of the companies in the same industry.
A Quick Ratio of 1.54 indicates that FTK should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.54, FTK is doing good in the industry, outperforming 64.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
FTK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 288.46%, which is quite impressive.
The Revenue has grown by 23.56% 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)288.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%575%
Revenue 1Y (TTM)23.56%
Revenue growth 3Y62.86%
Revenue growth 5Y9.39%
Sales Q2Q%12.64%
3.2 Future
The Earnings Per Share is expected to grow by 67.47% 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 17.05% on average per year.
EPS Next Y210.28%
EPS Next 2Y76.84%
EPS Next 3Y67.47%
EPS Next 5YN/A
Revenue Next Year20.44%
Revenue Next 2Y16.45%
Revenue Next 3Y17.05%
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
The Price/Earnings ratio is 16.22, which indicates a correct valuation of FTK.
60.49% of the companies in the same industry are more expensive than FTK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.46. FTK is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 15.87, the valuation of FTK can be described as correct.
FTK's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.10. FTK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 15.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTK is valued a bit more expensive than the industry average as 74.07% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.8 |
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 67.47% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y76.84%
EPS Next 3Y67.47%
5. Dividend
5.1 Amount
FTK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.38
+0.37 (+2.31%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners38.11%
Inst Owner Change9.05%
Ins Owners2.99%
Ins Owner Change0.01%
Market Cap492.38M
Revenue(TTM)220.50M
Net Income(TTM)31.93M
Analysts80
Price Target20.92 (27.72%)
Short Float %19.4%
Short Ratio6.4
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)110.69%
Min EPS beat(2)11.25%
Max EPS beat(2)210.12%
EPS beat(4)4
Avg EPS beat(4)74.56%
Min EPS beat(4)11.25%
Max EPS beat(4)210.12%
EPS beat(8)5
Avg EPS beat(8)34.34%
EPS beat(12)7
Avg EPS beat(12)-24.09%
EPS beat(16)8
Avg EPS beat(16)-46.78%
Revenue beat(2)2
Avg Revenue beat(2)6.27%
Min Revenue beat(2)3.6%
Max Revenue beat(2)8.95%
Revenue beat(4)4
Avg Revenue beat(4)10.37%
Min Revenue beat(4)3.05%
Max Revenue beat(4)25.86%
Revenue beat(8)5
Avg Revenue beat(8)2.42%
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)11.47%
PT rev (3m)16.53%
EPS NQ rev (1m)-8.37%
EPS NQ rev (3m)-1.1%
EPS NY rev (1m)50.42%
EPS NY rev (3m)52.68%
Revenue NQ rev (1m)-1.22%
Revenue NQ rev (3m)-1.59%
Revenue NY rev (1m)0.73%
Revenue NY rev (3m)0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 15.87 | ||
| P/S | 2.23 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 4.46 | ||
| P/tB | 4.46 | ||
| EV/EBITDA | 18.8 |
EPS(TTM)1.01
EY6.17%
EPS(NY)1.03
Fwd EY6.3%
FCF(TTM)-0.16
FCFYN/A
OCF(TTM)-0.05
OCFYN/A
SpS7.34
BVpS3.68
TBVpS3.68
PEG (NY)0.08
PEG (5Y)N/A
Graham Number9.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.01% | ||
| ROE | 28.9% | ||
| ROCE | 17.06% | ||
| ROIC | 12.92% | ||
| ROICexc | 13.3% | ||
| ROICexgc | 13.3% | ||
| OM | 12.08% | ||
| PM (TTM) | 14.48% | ||
| GM | 25.81% | ||
| FCFM | N/A |
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-Score3
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.66 | ||
| Cap/Depr | 219.08% | ||
| Cap/Sales | 1.43% | ||
| Interest Coverage | 10.54 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 2.69 |
F-Score3
WACC8.8%
ROIC/WACC1.47
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)288.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%575%
EPS Next Y210.28%
EPS Next 2Y76.84%
EPS Next 3Y67.47%
EPS Next 5YN/A
Revenue 1Y (TTM)23.56%
Revenue growth 3Y62.86%
Revenue growth 5Y9.39%
Sales Q2Q%12.64%
Revenue Next Year20.44%
Revenue Next 2Y16.45%
Revenue Next 3Y17.05%
Revenue Next 5YN/A
EBIT growth 1Y182.14%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year269.97%
EBIT Next 3Y90.41%
EBIT Next 5YN/A
FCF growth 1Y36.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y76.04%
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 5 / 10 to FLOTEK INDUSTRIES INC (FTK). This can be considered as Fairly Valued.
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 16.22 and the Price/Book (PB) ratio is 4.46.
What is the financial health of FLOTEK INDUSTRIES INC (FTK) stock?
The financial health rating of FLOTEK INDUSTRIES INC (FTK) is 4 / 10.