FLOTEK INDUSTRIES INC (FTK) Stock Fundamental Analysis
NYSE:FTK - New York Stock Exchange, Inc. - US3433894090 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to FTK. FTK was compared to 85 industry peers in the Chemicals industry. While FTK has a great health rating, its profitability is only average at the moment. FTK is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FTK had positive earnings in the past year.
In the past year FTK had a positive 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
Looking at the Return On Assets, with a value of 8.41%, FTK belongs to the top of the industry, outperforming 90.59% of the companies in the same industry.
FTK's Return On Equity of 11.96% is amongst the best of the industry. FTK outperforms 83.53% of its industry peers.
The Return On Invested Capital of FTK (9.74%) is better than 82.35% of its industry peers.
| 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
With a decent Profit Margin value of 7.09%, FTK is doing good in the industry, outperforming 76.47% of the companies in the same industry.
FTK's Operating Margin of 7.68% is in line compared to the rest of the industry. FTK outperforms 44.71% of its industry peers.
Looking at the Gross Margin, with a value of 21.29%, FTK is doing worse than 63.53% 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 | 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.
Compared to 5 years ago, FTK has more shares outstanding
The debt/assets ratio for FTK has been reduced compared to a year ago.
2.2 Solvency
FTK has an Altman-Z score of 4.56. This indicates that FTK is financially healthy and has little risk of bankruptcy at the moment.
FTK's Altman-Z score of 4.56 is amongst the best of the industry. FTK outperforms 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 | 4.56 |
ROIC/WACC1.08
WACC9.01%
2.3 Liquidity
FTK has a Current Ratio of 2.19. This indicates that FTK is financially healthy and has no problem in meeting 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.
FTK's Quick ratio of 1.88 is fine compared to the rest of the industry. FTK outperforms 76.47% 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.
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)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 78.86% on average per year.
The Revenue is expected to grow by 13.29% on average over the next years. This is quite good.
EPS Next Y128.7%
EPS Next 2Y78.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.74%
Revenue Next 2Y13.29%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 32.98, FTK can be considered very expensive at the moment.
FTK's Price/Earnings ratio is a bit more expensive when compared to the industry. FTK is more expensive than 61.18% of the companies in the same industry.
When comparing the Price/Earnings ratio of FTK to the average of the S&P500 Index (27.45), we can say FTK is valued slightly more expensively.
The Price/Forward Earnings ratio is 14.06, which indicates a correct valuation of FTK.
FTK's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, FTK is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.98 | ||
| Fwd PE | 14.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTK is valued a bit more expensive than 75.29% of the companies in the same industry.
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 | 100.59 | ||
| EV/EBITDA | 26.54 |
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.
FTK's earnings are expected to grow with 78.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y78.86%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FTK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.84
-0.02 (-0.13%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners28.4%
Inst Owner Change41.86%
Ins Owners3.02%
Ins Owner Change0.24%
Market Cap442.68M
Analysts77.78
Price Target17.14 (15.5%)
Short Float %8.78%
Short Ratio2.21
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)52.73%
PT rev (3m)56.28%
EPS NQ rev (1m)1.01%
EPS NQ rev (3m)23.92%
EPS NY rev (1m)-8.76%
EPS NY rev (3m)26.76%
Revenue NQ rev (1m)7.07%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)7.83%
Revenue NY rev (3m)2.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.98 | ||
| Fwd PE | 14.06 | ||
| P/S | 2.19 | ||
| P/FCF | 100.59 | ||
| P/OCF | 65.22 | ||
| P/B | 3.7 | ||
| P/tB | 3.7 | ||
| EV/EBITDA | 26.54 |
EPS(TTM)0.45
EY3.03%
EPS(NY)1.06
Fwd EY7.11%
FCF(TTM)0.15
FCFY0.99%
OCF(TTM)0.23
OCFY1.53%
SpS6.77
BVpS4.01
TBVpS4.01
PEG (NY)0.26
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 | 4.56 |
F-Score7
WACC9.01%
ROIC/WACC1.08
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 Y128.7%
EPS Next 2Y78.86%
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 Year16.74%
Revenue Next 2Y13.29%
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