FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTK - US3433894090 - Common Stock
18.06 USD
+0.25 (+1.4%)
18.06 USD
0 (0%)
Overall FTK gets a fundamental rating of 5 out of 10. We evaluated FTK against 82 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
In the past year FTK was profitable.
In the past year FTK has reported a negative cash flow from operations.
The reported net income has been mixed in the past 5 years: FTK reported negative net income in multiple years.
In the past 5 years FTK reported 4 times negative operating cash flow.
1.2 Ratios
FTK has a better Return On Assets (15.01%) than 100.00% of its industry peers.
The Return On Equity of FTK (28.90%) is better than 97.56% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.92%, FTK belongs to the top of the industry, outperforming 89.02% of the companies in the same industry.
| 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
FTK has a Profit Margin of 14.48%. This is amongst the best in the industry. FTK outperforms 92.68% of its industry peers.
Looking at the Operating Margin, with a value of 12.08%, FTK is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
The Gross Margin of FTK (25.81%) is comparable to the rest of the 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 below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FTK has been increased compared to 1 year ago.
Compared to 5 years ago, FTK has more shares outstanding
FTK has a better debt/assets ratio than last year.
2.2 Solvency
FTK has an Altman-Z score of 2.94. 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 (2.94) is better than 79.27% of its industry peers.
FTK has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.42, FTK is doing good in the industry, outperforming 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.94 |
ROIC/WACC0.82
WACC15.72%
2.3 Liquidity
A Current Ratio of 1.77 indicates that FTK should not have too much problems paying its short term obligations.
With a Current ratio value of 1.77, FTK perfoms like the industry average, outperforming 42.68% of the companies in the same 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.
The Quick ratio of FTK (1.54) is better than 64.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 288.46% over the past year.
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
Based on estimates for the next years, FTK will show a very strong growth in Earnings Per Share. The EPS will grow by 67.47% on average per year.
FTK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.05% yearly.
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
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 17.88, the valuation of FTK can be described as rather expensive.
60.98% of the companies in the same industry are more expensive than FTK, based on the Price/Earnings ratio.
FTK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.25.
The Price/Forward Earnings ratio is 17.50, which indicates a rather expensive current valuation of FTK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTK is on the same level as its industry peers.
FTK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 17.5 |
4.2 Price Multiples
75.61% of the companies in the same industry are cheaper than FTK, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.33 |
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 67.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y76.84%
EPS Next 3Y67.47%
5. Dividend
5.1 Amount
No dividends for FTK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
18.06
+0.25 (+1.4%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners39.35%
Inst Owner Change0%
Ins Owners2.97%
Ins Owner Change-0.07%
Market Cap542.88M
Revenue(TTM)220.50M
Net Income(TTM)31.93M
Analysts80
Price Target20.92 (15.84%)
Short Float %19.16%
Short Ratio7.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0%
PT rev (3m)16.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.1%
EPS NY rev (1m)0%
EPS NY rev (3m)50.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 17.5 | ||
| P/S | 2.46 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 4.91 | ||
| P/tB | 4.91 | ||
| EV/EBITDA | 20.33 |
EPS(TTM)1.01
EY5.59%
EPS(NY)1.03
Fwd EY5.71%
FCF(TTM)-0.16
FCFYN/A
OCF(TTM)-0.05
OCFYN/A
SpS7.34
BVpS3.68
TBVpS3.68
PEG (NY)0.09
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 | 2.94 |
F-Score3
WACC15.72%
ROIC/WACC0.82
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.
Can you provide the valuation status for FLOTEK INDUSTRIES INC?
ChartMill assigns a valuation rating of 4 / 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 17.88 and the Price/Book (PB) ratio is 4.91.
What is the earnings growth outlook for FLOTEK INDUSTRIES INC?
The Earnings per Share (EPS) of FLOTEK INDUSTRIES INC (FTK) is expected to grow by 210.28% in the next year.