Is Flotek Industries Inc (FTK) overvalued? · P/E 30, rev $187.0M
Flotek Industries Inc (FTK) is a oil & gas equipment & services company listed on US.
This page asks whether Flotek Industries Inc (FTK) looks expensive on cached numbers — not a short thesis.
Latest reported FTK revenue for 2024-12-31 was $187.0M. Net income was $10.5M. Revenue was down 0.5% from 2023-12-31 to 2024-12-31. FTK currently screens at market cap $850.9M and trailing P/E 29.8.
FTK currently screens at market cap $850.9M and trailing P/E 29.8. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next FTK 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the FTK stock page for the full model, not this heading.
Not investment advice.