Atlas Energy Solutions Inc. (AESI) vs Flotek Industries, Inc. (FTK)

Atlas Energy Solutions Inc. and Flotek Industries, Inc. are both Oil & Gas Equipment & Services companies. Flotek Industries, Inc. is the larger, with a market value of $802.7M against $666.4M — 1.2× the size. Atlas Energy Solutions Inc. has negative trailing earnings, so its P/E is not meaningful; Flotek Industries, Inc. trades at 26.0×. Flotek Industries, Inc. grew revenue faster over the last twelve months: 59.3% against −3.69%. Flotek Industries, Inc. has the higher net margin (8.81% vs −13.0%) and the higher return on invested capital (14.5% vs −3.28%). Across the 19 metrics below, Flotek Industries, Inc. leads on 14 and Atlas Energy Solutions Inc. on 5.

Valuation

Metric AESI FTK Oil & Gas Equipment & Services median
P/E n/m 26.04 20.53
P/S 0.63 2.30 1.08
P/B 0.62 5.63 1.64
Price to free cash flow n/m n/m 12.36
EV/EBITDA 15.07 17.83 8.00
EV/Sales 1.57 2.46 1.29
Earnings yield (20.83%) 3.84% 3.88%
Free cash flow yield (49.79%) (1.56%) 5.18%

Profitability

Metric AESI FTK Oil & Gas Equipment & Services median
Gross margin 22.10% 23.32% 22.88%
Operating margin (10.22%) 13.21% 7.44%
Net margin (12.99%) 8.81% 4.12%
Free cash flow margin (31.12%) (3.58%) 3.10%
Return on equity (12.15%) 24.37% 5.46%
Return on assets (5.85%) 11.82% 2.63%
Return on invested capital (3.28%) 14.49% 4.26%

Growth

Metric AESI FTK Oil & Gas Equipment & Services median
Revenue growth (TTM) (3.69%) 59.31% 4.65%
EPS growth (last fiscal year) (174.55%) 147.06% (13.00%)
Revenue growth, 5-year CAGR 57.85% 34.88% 12.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AESI FTK Oil & Gas Equipment & Services median
Debt to equity 0.97 0.54 0.44
Current ratio 1.22 2.30 2.04
Net debt to EBITDA 3.06 1.18 1.12

Dividend

Metric AESI FTK Oil & Gas Equipment & Services median
Dividend yield 0.00% — 1.49%
Payout ratio — — 0.36

Size

Metric AESI FTK Oil & Gas Equipment & Services median
Market cap 666.38m 802.65m 1.44b

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