Loading...
FTEK logo

Fuel Tech, Inc.NasdaqCM:FTEK Stock Report

Market Cap US$47.4m
Share Price
US$1.49
US$4
62.7% undervalued intrinsic discount
1Y55.7%
7D-8.6%
Portfolio Value
View

Fuel Tech, Inc.

NasdaqCM:FTEK Stock Report

Market Cap: US$47.4m

Fuel Tech (FTEK) Stock Overview

Engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally. More details

FTEK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

FTEK Community Fair Values

Create Narrative

See what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.

Fuel Tech, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fuel Tech
Historical stock prices
Current Share PriceUS$1.49
52 Week HighUS$3.65
52 Week LowUS$0.95
Beta1.38
1 Month Change17.32%
3 Month Change10.37%
1 Year Change55.69%
3 Year Change15.50%
5 Year Change-25.50%
Change since IPO-80.77%

Recent News & Updates

Recent updates

Analysis Article Feb 16

Take Care Before Diving Into The Deep End On Fuel Tech, Inc. (NASDAQ:FTEK)

It's not a stretch to say that Fuel Tech, Inc.'s ( NASDAQ:FTEK ) price-to-sales (or "P/S") ratio of 1.6x right now...
Analysis Article Nov 06

Fuel Tech, Inc.'s (NASDAQ:FTEK) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Fuel Tech, Inc. ( NASDAQ:FTEK ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article Sep 19

Fuel Tech, Inc. (NASDAQ:FTEK) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable

Despite an already strong run, Fuel Tech, Inc. ( NASDAQ:FTEK ) shares have been powering on, with a gain of 27% in the...
Analysis Article Jun 28

After Leaping 53% Fuel Tech, Inc. (NASDAQ:FTEK) Shares Are Not Flying Under The Radar

Despite an already strong run, Fuel Tech, Inc. ( NASDAQ:FTEK ) shares have been powering on, with a gain of 53% in the...
Analysis Article May 14

Getting In Cheap On Fuel Tech, Inc. (NASDAQ:FTEK) Is Unlikely

With a median price-to-sales (or "P/S") ratio of close to 1.3x in the Commercial Services industry in the United...
Analysis Article Feb 19

We Think Fuel Tech (NASDAQ:FTEK) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Aug 10

US$4.00 - That's What Analysts Think Fuel Tech, Inc. (NASDAQ:FTEK) Is Worth After These Results

Fuel Tech, Inc. ( NASDAQ:FTEK ) shareholders are probably feeling a little disappointed, since its shares fell 2.9% to...
Analysis Article Feb 06

Fuel Tech, Inc.'s (NASDAQ:FTEK) Price Is Out Of Tune With Revenues

There wouldn't be many who think Fuel Tech, Inc.'s ( NASDAQ:FTEK ) price-to-sales (or "P/S") ratio of 1.3x is worth a...
Analysis Article Sep 27

It's A Story Of Risk Vs Reward With Fuel Tech, Inc. (NASDAQ:FTEK)

There wouldn't be many who think Fuel Tech, Inc.'s ( NASDAQ:FTEK ) price-to-sales (or "P/S") ratio of 1.1x is worth a...
Analysis Article Apr 25

We're Hopeful That Fuel Tech (NASDAQ:FTEK) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 07

Companies Like Fuel Tech (NASDAQ:FTEK) Can Afford To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Sep 23

We Think Fuel Tech (NASDAQ:FTEK) Can Afford To Drive Business Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Mar 18

Revisiting Fuel Tech - Financials Have Improved And EV Is Approaching Zero And I'm Now Bullish

Revenues rose to 7.6% to $24.3 million in 2021, and the company is close to breakeven thanks to lower SG&A expenses. I think that Fuel Tech’s Dissolved Gas Infusion technology could become a significant contributor to revenues in a year or two. The company closed December 2021 with $35.9 million in cash and cash equivalents, which means that its enterprise value is below $6 million. I view Fuel Tech as a speculative buy as the business still isn’t profitable, and 67% of net revenues in 2021 were attributable to only 5 customers.

Shareholder Returns

FTEKUS Commercial ServicesUS Market
7D-8.6%-7.6%2.6%
1Y55.7%-16.3%26.2%

Return vs Industry: FTEK exceeded the US Commercial Services industry which returned -16.1% over the past year.

Return vs Market: FTEK exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is FTEK's price volatile compared to industry and market?
FTEK volatility
FTEK Average Weekly Movement9.8%
Commercial Services Industry Average Movement7.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: FTEK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FTEK's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198777Vince Arnonewww.ftek.com

Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide emissions (NOx) in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT selected non-catalytic reduction and selected catalytic reduction systems, including ammonia injection grid and graduated straightening grid systems; electrostatic precipitator processes and services; ULTRA technology; urea direct injection systems; and flue gas conditioning systems. Its FUEL CHEM Technology segment provides chemical injection programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units for the control of slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using targeted in-furnace injection technology.

Fuel Tech, Inc. Fundamentals Summary

How do Fuel Tech's earnings and revenue compare to its market cap?
FTEK fundamental statistics
Market capUS$47.36m
Earnings (TTM)-US$2.94m
Revenue (TTM)US$26.38m
1.8x
P/S Ratio
-15.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTEK income statement (TTM)
RevenueUS$26.38m
Cost of RevenueUS$14.31m
Gross ProfitUS$12.07m
Other ExpensesUS$15.01m
Earnings-US$2.94m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.094
Gross Margin45.76%
Net Profit Margin-11.15%
Debt/Equity Ratio0%

How did FTEK perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 22:50
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fuel Tech, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John QuealyCanaccord Genuity
Bryce DilleCitizens JMP Securities, LLC
Carter ShoopDeutsche Bank