Market Cap
US$86.2m
Last Updated
2021/04/11 23:23 UTC
Data Sources
Company Financials +
Executive Summary
Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Fuel Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FTEK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: FTEK's weekly volatility has decreased from 32% to 12% over the past year.
Market Performance
7 Day Return
-1.4%
FTEK
2.8%
US Commercial Services
2.1%
US Market
1 Year Return
595.5%
FTEK
44.9%
US Commercial Services
56.3%
US Market
Return vs Industry: FTEK exceeded the US Commercial Services industry which returned 42.9% over the past year.
Return vs Market: FTEK exceeded the US Market which returned 55.3% over the past year.
Shareholder returns
| FTEK | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 2.8% | 2.1% |
| 30 Day | -24.6% | 4.9% | 2.4% |
| 90 Day | -52.1% | 4.5% | 6.1% |
| 1 Year | 595.5%595.5% | 46.8%44.9% | 59.1%56.3% |
| 3 Year | 100.7%100.7% | 58.6%48.0% | 65.7%55.1% |
| 5 Year | 72.7%72.7% | 123.7%100.6% | 122.3%97.6% |
Long-Term Price Volatility Vs. Market
How volatile is Fuel Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall St
Is Fuel Tech (NASDAQ:FTEK) Using Debt Sensibly?8 months ago | Simply Wall St
We Think Fuel Tech (NASDAQ:FTEK) Can Afford To Drive Business Growth10 months ago | Simply Wall St
What Kind Of Share Price Volatility Should You Expect For Fuel Tech, Inc. (NASDAQ:FTEK)?Valuation
Is Fuel Tech undervalued compared to its fair value and its price relative to the market?
3.22x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FTEK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FTEK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FTEK is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: FTEK is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FTEK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FTEK is overvalued based on its PB Ratio (3.2x) compared to the US Commercial Services industry average (2.4x).
Future Growth
How is Fuel Tech forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
23.9%
Forecasted Commercial Services industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if FTEK's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if FTEK's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if FTEK's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if FTEK's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FTEK's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Fuel Tech performed over the past 5 years?
25.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTEK is currently unprofitable.
Growing Profit Margin: FTEK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FTEK is unprofitable, but has reduced losses over the past 5 years at a rate of 25.8% per year.
Accelerating Growth: Unable to compare FTEK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FTEK is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-12.1%).
Return on Equity
High ROE: FTEK has a negative Return on Equity (-19.17%), as it is currently unprofitable.
Financial Health
How is Fuel Tech's financial position?
Financial Position Analysis
Short Term Liabilities: FTEK's short term assets ($21.1M) exceed its short term liabilities ($5.5M).
Long Term Liabilities: FTEK's short term assets ($21.1M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: FTEK's debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FTEK's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FTEK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FTEK has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 19.1% each year.
Dividend
What is Fuel Tech current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FTEK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FTEK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FTEK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FTEK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FTEK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.6yrs
Average management tenure
CEO
Vince Arnone (56 yo)
6yrs
Tenure
US$410,133
Compensation
Mr. Vincent J. Arnone, also known as Vince, has been the Chief Executive Officer and President of Fuel-Tech, Inc. since April 1, 2015 and served as its Executive Vice President of Worldwide Operations sinc...
CEO Compensation Analysis
Compensation vs Market: Vince's total compensation ($USD410.13K) is about average for companies of similar size in the US market ($USD510.94K).
Compensation vs Earnings: Vince's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FTEK's management team is seasoned and experienced (10.6 years average tenure).
Board Members
Experienced Board: FTEK's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23%.
Top Shareholders
Company Information
Fuel Tech, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fuel Tech, Inc.
- Ticker: FTEK
- Exchange: NasdaqCM
- Founded: 1987
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$86.233m
- Shares outstanding: 30.26m
- Website: https://www.ftek.com
Number of Employees
Location
- Fuel Tech, Inc.
- 27601 Bella Vista Parkway
- Warrenville
- Illinois
- 60555-1617
- United States
Listings
Biography
Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 23:23 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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 here.