Flotek Industries Net Worth
Flotek Industries Net Worth Breakdown | FTK |
Flotek Industries Net Worth Analysis
Flotek Industries' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Flotek Industries' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Flotek Industries' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Flotek Industries' net worth analysis. One common approach is to calculate Flotek Industries' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Flotek Industries' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Flotek Industries' net worth. This approach calculates the present value of Flotek Industries' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Flotek Industries' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Flotek Industries' net worth. This involves comparing Flotek Industries' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Flotek Industries' net worth relative to its peers.
Enterprise Value |
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To determine if Flotek Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Flotek Industries' net worth research are outlined below:
| Flotek Industries appears to be risky and price may revert if volatility continues | |
| Flotek Industries is unlikely to experience financial distress in the next 2 years | |
| Flotek Industries has 17.88 M in debt with debt to equity (D/E) ratio of 2.53, meaning that the company heavily relies on borrowing funds for operations. Flotek Industries has a current ratio of 0.69, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Flotek to invest in growth at high rates of return. | |
| Flotek Industries has about 12.29 M in cash with (11.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44. | |
| Flotek Industries has a frail financial position based on the latest SEC disclosures | |
| Roughly 39.0% of Flotek Industries shares are held by company insiders | |
| Latest headline from news.google.com: Flotek Industries Stock Passes Above 200-Day Moving Average - Whats Next - MarketBeat |
Flotek Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Flotek Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Flotek Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Flotek Industries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Flotek Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Flotek Industries backward and forwards among themselves. Flotek Industries' institutional investor refers to the entity that pools money to purchase Flotek Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 38.4 K | Bank Of New York Mellon Corp | 2024-06-30 | 37 K | Citadel Advisors Llc | 2024-06-30 | 34.9 K | Kennedy Capital Management Inc | 2024-06-30 | 32.2 K | Smh Capital Inc. | 2024-09-30 | 27.5 K | Alti Global Inc | 2024-06-30 | 25.8 K | Squarepoint Ops Llc | 2024-06-30 | 23 K | Renaissance Technologies Corp | 2024-09-30 | 21.1 K | Wells Fargo & Co | 2024-06-30 | 15.5 K | Vanguard Group Inc | 2024-09-30 | 1.4 M | Masters Capital Management Llc | 2024-06-30 | 475 K |
Follow Flotek Industries' market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 240.15 M.Market Cap |
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Project Flotek Industries' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.16 | 0.16 | |
| Return On Capital Employed | 0.21 | 0.22 | |
| Return On Assets | 0.16 | 0.16 | |
| Return On Equity | 0.24 | 0.25 |
When accessing Flotek Industries' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Flotek Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Flotek Industries' profitability and make more informed investment decisions.
Evaluate Flotek Industries' management efficiency
Flotek Industries has Return on Asset of 0.0255 % which means that on every $100 spent on assets, it made $0.0255 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0784 %, implying that it generated $0.0784 on every 100 dollars invested. Flotek Industries' management efficiency ratios could be used to measure how well Flotek Industries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.16 this year. Return On Capital Employed is expected to rise to 0.22 this year. At this time, Flotek Industries' Liabilities And Stockholders Equity is quite stable compared to the past year. Change To Liabilities is expected to rise to about 31.2 M this year, although the value of Total Current Liabilities will most likely fall to about 40.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.11 | 7.34 | |
| Tangible Book Value Per Share | 4.11 | 4.34 | |
| Enterprise Value Over EBITDA | 3.00 | 2.85 | |
| Price Book Value Ratio | 0.95 | 1.00 | |
| Enterprise Value Multiple | 3.00 | 2.85 | |
| Price Fair Value | 0.95 | 1.00 | |
| Enterprise Value | 97.3 M | 92.5 M |
Understanding the operational decisions made by Flotek Industries management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 1.339 | Revenue 178.5 M | Quarterly Revenue Growth 0.052 | Revenue Per Share 6.052 | Return On Equity 0.0784 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Flotek Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Flotek Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Flotek Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Flotek Industries Corporate Filings
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 22nd of July 2024 Other Reports | ViewVerify | |
| 11th of June 2024 Other Reports | ViewVerify |
Flotek Industries Earnings per Share Projection vs Actual
Flotek Industries Corporate Directors
| Paul Hobby | Independent Director | Profile | |
| David Nierenberg | Lead Independent Director | Profile | |
| Theodore Brown | Independent Director | Profile | |
| Michelle Adams | Independent Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Specialty Chemicals space 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.
Quarterly Earnings Growth 1 | Earnings Share 0.24 | Revenue Per Share 6.052 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0255 |
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 if Flotek Industries is a good investment 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.