Flotek Industries Profitability Analysis

FTK
 Stock
  

USD 1.24  0.04  3.33%   

For Flotek Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Flotek Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Flotek Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Flotek Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Flotek Industries over time as well as its relative position and ranking within its peers. Please check Investing Opportunities.
  
The current Sales per Share is estimated to increase to 0.61, while Price to Sales Ratio is projected to decrease to 1.84. The current Accumulated Other Comprehensive Income is estimated to increase to about 87.4 K, while Consolidated Income is projected to decrease to (31.3 M).

Flotek Industries Revenues

44.41 Million

Is Flotek Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flotek Industries. If investors know Flotek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
95 M
Quarterly Revenue Growth YOY
0.094
Return On Assets
-0.18
Return On Equity
-1.25
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Flotek Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Flotek Industries Current Valuation vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Flotek Industries's current stock value. Our valuation model uses many indicators to compare Flotek Industries value to that of its competitors to determine the firm's financial worth.
Flotek Industries is rated as one of the top companies in total debt category among related companies. It is rated as one of the top companies in current valuation category among related companies reporting about  2.33  of Current Valuation per Total Debt. Flotek Industries Total Debt is decreasing as compared to previous years. The last year's value of Total Debt was reported at 13.26 Million. Comparative valuation analysis is a catch-all model that can be used if you cannot value Flotek Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Flotek Industries' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Flotek Industries' earnings, one of the primary drivers of an investment's value.

Flotek Total Debt vs. Competition

Flotek Industries is rated as one of the top companies in total debt category among related companies. Total debt of Oil & Gas Equipment & Services industry is currently estimated at about 28.85 Billion. Flotek Industries adds roughly 43.95 Million in total debt claiming only tiny portion of all equities under Oil & Gas Equipment & Services industry.
Total debt  Valuation  Capitalization  Workforce  Revenue

Flotek Current Valuation vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Flotek Industries 
Total Debt 
 = 
Bonds 
+  
Notes 
43.95 M
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Flotek Industries 
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
102.19 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Flotek Current Valuation vs Competition

Flotek Industries is rated as one of the top companies in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Oil & Gas Equipment & Services industry is currently estimated at about 1.42 Trillion. Flotek Industries adds roughly 102.19 Million in current valuation claiming only tiny portion of all equities under Oil & Gas Equipment & Services industry.

Flotek Industries Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Flotek Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Flotek Industries will eventually generate negative long term returns. The profitability progress is the general direction of Flotek Industries' change in net profit over the period of time. It can combine multiple indicators of Flotek Industries, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Accumulated Other Comprehensive Income81 K87.4 K
Consolidated Income-30.5 M-31.3 M
Net Income-30.5 M-31.3 M
Net Income Common Stock-30.5 M-31.3 M
Net Loss Income from Discontinued Operations-37.9 M-38.9 M
Net Income to Non Controlling Interests-322.2 K-347.6 K
Operating Income-31.6 M-32.4 M
Preferred Dividends Income Statement Impact4.4 M4.4 M
Income Tax Expense-40 K-41.1 K
Net Income Per Employee-233 K-251.4 K
Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. The company was incorporated in 1985 and is headquartered in Houston, Texas. Flotek Industries operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 131 people.

Flotek Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Flotek Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Flotek Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Flotek Industries' important profitability drivers and their relationship over time.

Flotek Industries Profitability Trends

Flotek Industries profitability trend refers to the progression of profit or loss within a business. An upward trend means that Flotek Industries' profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Flotek Industries' gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Flotek Industries Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Flotek Industries different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Flotek Industries in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Flotek Industries' future profitability.

Use Flotek Industries in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Flotek Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Flotek Industries will appreciate offsetting losses from the drop in the long position's value.

Flotek Industries Pair Trading

Flotek Industries Pair Trading Analysis

The ability to find closely correlated positions to Flotek Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flotek Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Flotek Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Flotek Industries to buy it.
The correlation of Flotek Industries is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flotek Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flotek Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Flotek Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Flotek Industries position

In addition to having Flotek Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Consumption Thematic Idea Now

Consumption
Consumption Theme
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.
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Please check Investing Opportunities. Note that the Flotek Industries information on this page should be used as a complementary analysis to other Flotek Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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To fully project Flotek Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Flotek Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Flotek Industries' income statement, its balance sheet, and the statement of cash flows.
Potential Flotek Industries investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Flotek Industries investors may work on each financial statement separately, they are all related. The changes in Flotek Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Flotek Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.