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. Atlas Energy Solutions Inc. is the larger, with a market value of $1.6B against $1.1B — 1.5× the size. Atlas Energy Solutions Inc. has negative trailing earnings, so its P/E is not meaningful; Flotek Industries, Inc. trades at 27.9×. Flotek Industries, Inc. grew revenue faster over the last twelve months: 36.8% against −8.11%. Flotek Industries, Inc. has the higher net margin (13.0% vs −11.1%) and the higher return on invested capital (13.4% vs −2.82%). Across the 19 metrics below, Flotek Industries, Inc. leads on 13 and Atlas Energy Solutions Inc. on 6.

Valuation

Metric AESI FTK Oil & Gas Equipment & Services median
P/E n/m 27.86 24.78
P/S 1.46 3.64 1.28
P/B 1.40 8.26 1.85
Price to free cash flow n/m n/m 15.03
EV/EBITDA 19.27 22.95 8.93
EV/Sales 2.25 3.80 1.40
Earnings yield (7.62%) 3.59% 3.12%
Free cash flow yield (11.46%) (0.39%) 5.01%

Profitability

Metric AESI FTK Oil & Gas Equipment & Services median
Gross margin 23.41% 24.68% 23.27%
Operating margin (8.28%) 12.82% 9.34%
Net margin (11.08%) 12.97% 4.69%
Free cash flow margin (16.71%) (1.40%) 5.05%
Return on equity (9.93%) 37.80% 4.92%
Return on assets (4.93%) 17.26% 2.37%
Return on invested capital (2.82%) 13.43% 4.32%

Growth

Metric AESI FTK Oil & Gas Equipment & Services median
Revenue growth (TTM) (8.11%) 36.77% 6.08%
EPS growth (last fiscal year) (174.55%) 147.06% —
Revenue growth, 5-year CAGR 57.85% 34.88% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AESI FTK Oil & Gas Equipment & Services median
Debt to equity 0.91 0.39 0.46
Current ratio 1.82 1.78 2.11
Net debt to EBITDA 3.06 1.18 0.76

Dividend

Metric AESI FTK Oil & Gas Equipment & Services median
Dividend yield 4.83% — 2.12%
Payout ratio — 0.00 0.00

Size

Metric AESI FTK Oil & Gas Equipment & Services median
Market cap 1.55b 1.05b 1.81b

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