FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
USA - NYSE:FTK - US3433894090 - Common Stock
13.02 USD
+0.04 (+0.31%)
13.02 USD
0 (0%)
Overall FTK gets a fundamental rating of 4 out of 10. We evaluated FTK against 83 industry peers in the Chemicals industry. There are concerns on the financial health of FTK while its profitability can be described as average. FTK is not overvalued while it is showing excellent growth. This is an interesting combination.
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
With an excellent Return On Assets value of 8.19%, FTK belongs to the best of the industry, outperforming 87.95% of the companies in the same industry.
FTK's Return On Equity of 19.64% is amongst the best of the industry. FTK outperforms 87.95% of its industry peers.
FTK's Return On Invested Capital of 12.95% is amongst the best of the industry. FTK outperforms 92.77% of its industry peers.
| 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
With a decent Profit Margin value of 6.59%, FTK is doing good in the industry, outperforming 73.49% of the companies in the same industry.
FTK has a Operating Margin (9.38%) which is in line with its industry peers.
Looking at the Gross Margin, with a value of 22.53%, FTK is in line with its industry, outperforming 42.17% 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
FTK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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.
The debt/assets ratio for FTK has been reduced compared to a year ago.
2.2 Solvency
FTK has an Altman-Z score of 1.66. This is a bad value and indicates that FTK is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.66, FTK is not doing good in the industry: 61.45% of the companies in the same industry are doing better.
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 48.19% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that FTK is somewhat dependend on debt financing.
FTK's Debt to Equity ratio of 0.62 is in line compared to the rest of the industry. FTK outperforms 55.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 19.28 | ||
| Altman-Z | 1.66 |
ROIC/WACC1.42
WACC9.11%
2.3 Liquidity
A Current Ratio of 1.59 indicates that FTK should not have too much problems paying 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 68.67% 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 of 1.36. This is comparable to the rest of the industry: FTK outperforms 56.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 150.00% over the past year.
Looking at the last year, FTK shows a very strong growth in Revenue. The Revenue has grown by 21.72%.
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
The Revenue is expected to grow by 15.32% on average over the next years. This is quite good.
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
The Price/Earnings ratio is 23.67, which indicates a rather expensive current valuation of FTK.
The rest of the industry has a similar Price/Earnings ratio as FTK.
When comparing the Price/Earnings ratio of FTK to the average of the S&P500 Index (27.38), we can say FTK is valued inline with the index average.
The Price/Forward Earnings ratio is 13.49, which indicates a correct valuation of FTK.
FTK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FTK is cheaper than 61.45% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.86. FTK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.67 | ||
| Fwd PE | 13.49 |
4.2 Price Multiples
66.27% of the companies in the same industry are cheaper than FTK, based on the Enterprise Value to EBITDA ratio.
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 | 166.43 | ||
| EV/EBITDA | 19.96 |
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.
A more expensive valuation may be justified as FTK's earnings are expected to grow with 71.04% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y71.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FTK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.02
+0.04 (+0.31%)
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 Change0.18%
Market Cap388.78M
Analysts80
Price Target17.95 (37.86%)
Short Float %21.78%
Short Ratio7.03
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)7.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.07%
EPS NY rev (1m)-2.87%
EPS NY rev (3m)-18.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.1%
Revenue NY rev (1m)3.06%
Revenue NY rev (3m)5.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.67 | ||
| Fwd PE | 13.49 | ||
| P/S | 1.81 | ||
| P/FCF | 166.43 | ||
| P/OCF | 72.59 | ||
| P/B | 5.41 | ||
| P/tB | 5.41 | ||
| EV/EBITDA | 19.96 |
EPS(TTM)0.55
EY4.22%
EPS(NY)0.97
Fwd EY7.41%
FCF(TTM)0.08
FCFY0.6%
OCF(TTM)0.18
OCFY1.38%
SpS7.17
BVpS2.41
TBVpS2.41
PEG (NY)0.23
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 | 1.66 |
F-Score5
WACC9.11%
ROIC/WACC1.42
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