FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTK - US3433894090 - Common Stock
14.04 USD
-0.15 (-1.06%)
14.04 USD
0 (0%)
Taking everything into account, FTK scores 5 out of 10 in our fundamental rating. FTK was compared to 81 industry peers in the Chemicals industry. FTK has only an average score on both its financial health and profitability. 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.
FTK had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: FTK reported negative net income in multiple 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.
FTK's Return On Equity of 28.90% is amongst the best of the industry. FTK outperforms 97.53% of its industry peers.
FTK has a Return On Invested Capital of 12.92%. This is amongst the best in 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
The Profit Margin of FTK (14.48%) is better than 93.83% of its industry peers.
FTK has a Operating Margin of 12.08%. This is in the better half 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.
In the last couple of years the Gross Margin of FTK has grown nicely.
| 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
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
An Altman-Z score of 2.27 indicates that FTK is not a great score, but indicates only limited risk for bankruptcy at the moment.
FTK's Altman-Z score of 2.27 is fine compared to the rest of the industry. FTK outperforms 67.90% of its industry peers.
A Debt/Equity ratio of 0.42 indicates that FTK is not too dependend on debt financing.
FTK has a better Debt to Equity ratio (0.42) than 71.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.27 |
ROIC/WACC1.48
WACC8.76%
2.3 Liquidity
A Current Ratio of 1.77 indicates that FTK should not have too much problems paying its short term obligations.
The Current ratio of FTK (1.77) is comparable to the rest of the industry.
FTK has a Quick Ratio of 1.54. This is a normal value and indicates that FTK is financially healthy and should not expect problems in meeting 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!
The Revenue has been growing by 9.39% on average over the past years. This is quite good.
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 61.25% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 16.44% on average over the next years. This is quite good.
EPS Next Y106.28%
EPS Next 2Y71.21%
EPS Next 3Y61.25%
EPS Next 5YN/A
Revenue Next Year19.58%
Revenue Next 2Y15.36%
Revenue Next 3Y16.44%
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
A Price/Earnings ratio of 13.90 indicates a correct valuation of FTK.
Based on the Price/Earnings ratio, FTK is valued a bit cheaper than the industry average as 70.37% of the companies are valued more expensively.
FTK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.15.
The Price/Forward Earnings ratio is 14.51, which indicates a correct valuation of FTK.
FTK's Price/Forward Earnings is on the same level as the industry average.
FTK is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.22, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.9 | ||
| Fwd PE | 14.51 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTK is valued a bit more expensive than the industry average as 70.37% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.29 |
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 61.25% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y71.21%
EPS Next 3Y61.25%
5. Dividend
5.1 Amount
FTK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.04
-0.15 (-1.06%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners36.09%
Inst Owner Change9.05%
Ins Owners3%
Ins Owner Change0.01%
Market Cap422.04M
Revenue(TTM)220.50M
Net Income(TTM)31.93M
Analysts80
Price Target20.92 (49%)
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)16.53%
PT rev (3m)16.53%
EPS NQ rev (1m)-2.2%
EPS NQ rev (3m)-6.33%
EPS NY rev (1m)0%
EPS NY rev (3m)1.51%
Revenue NQ rev (1m)-0.32%
Revenue NQ rev (3m)-0.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.9 | ||
| Fwd PE | 14.51 | ||
| P/S | 1.91 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.82 | ||
| P/tB | 3.82 | ||
| EV/EBITDA | 16.29 |
EPS(TTM)1.01
EY7.19%
EPS(NY)0.97
Fwd EY6.89%
FCF(TTM)-0.16
FCFYN/A
OCF(TTM)-0.05
OCFYN/A
SpS7.34
BVpS3.68
TBVpS3.68
PEG (NY)0.13
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 | 2.27 |
F-Score3
WACC8.76%
ROIC/WACC1.48
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 Y106.28%
EPS Next 2Y71.21%
EPS Next 3Y61.25%
EPS Next 5YN/A
Revenue 1Y (TTM)23.56%
Revenue growth 3Y62.86%
Revenue growth 5Y9.39%
Sales Q2Q%12.64%
Revenue Next Year19.58%
Revenue Next 2Y15.36%
Revenue Next 3Y16.44%
Revenue Next 5YN/A
EBIT growth 1Y182.14%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year245.35%
EBIT Next 3YN/A
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 13.9 and the Price/Book (PB) ratio is 3.82.
What is the financial health of FLOTEK INDUSTRIES INC (FTK) stock?
The financial health rating of FLOTEK INDUSTRIES INC (FTK) is 4 / 10.