Forum Energy Technologies, Inc. (FET) vs Flotek Industries, Inc. (FTK)

Forum Energy Technologies, Inc. and Flotek Industries, Inc. are both Oil & Gas Equipment & Services companies. Forum Energy Technologies, Inc. and Flotek Industries, Inc. are of similar size ($802.7M and $775.6M). Forum Energy Technologies, Inc. trades at the lower P/E: 25.6× against 26.0×. Flotek Industries, Inc. grew revenue faster over the last twelve months: 59.3% against 10.6%. Flotek Industries, Inc. has the higher net margin (8.81% vs 3.46%) and the higher return on invested capital (14.5% vs 9.78%). Across the 20 metrics below, Forum Energy Technologies, Inc. leads on 10 and Flotek Industries, Inc. on 10.

Valuation

Metric FET FTK Oil & Gas Equipment & Services median
P/E 25.58 26.04 20.53
P/S 0.89 2.30 1.08
P/B 2.45 5.63 1.64
Price to free cash flow 12.36 n/m 12.36
EV/EBITDA 9.21 17.83 8.00
EV/Sales 1.00 2.46 1.29
Earnings yield 3.91% 3.84% 3.88%
Free cash flow yield 8.09% (1.56%) 5.18%

Profitability

Metric FET FTK Oil & Gas Equipment & Services median
Gross margin 30.65% 23.32% 22.88%
Operating margin 7.35% 13.21% 7.44%
Net margin 3.46% 8.81% 4.12%
Free cash flow margin 7.22% (3.58%) 3.10%
Return on equity 9.81% 24.37% 5.46%
Return on assets 3.83% 11.82% 2.63%
Return on invested capital 9.78% 14.49% 4.26%

Growth

Metric FET FTK Oil & Gas Equipment & Services median
Revenue growth (TTM) 10.58% 59.31% 4.65%
EPS growth (last fiscal year) 92.64% 147.06% (13.00%)
Revenue growth, 5-year CAGR 9.08% 34.88% 12.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FET FTK Oil & Gas Equipment & Services median
Debt to equity 0.40 0.54 0.44
Current ratio 2.04 2.30 2.04
Net debt to EBITDA 1.58 1.18 1.12

Dividend

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

Size

Metric FET FTK Oil & Gas Equipment & Services median
Market cap 775.56m 802.65m 1.44b

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