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FTS International

DB:FT5
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FT5
DB
$26M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

FTS International, Inc. provides hydraulic fracturing services in North America. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • FTS International has significant price volatility in the past 3 months.
FT5 Share Price and Events
7 Day Returns
9%
DB:FT5
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-98.2%
DB:FT5
-57.2%
Europe Energy Services
-20.9%
DE Market
FT5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FTS International (FT5) 9% -76.2% -83% -98.2% - -
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • FT5 underperformed the Energy Services industry which returned -57.2% over the past year.
  • FT5 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
FT5
Industry
5yr Volatility vs Market

FT5 Value

 Is FTS International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of FTS International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for FTS International.

DB:FT5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:FT5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 21%) (1887.06%))
10.045
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:FT5 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for FTS International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:FT5 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 22.13 Analyst x3 20.03
2021 40.70 Analyst x5 33.34
2022 19.26 Est @ -52.68% 14.28
2023 12.14 Est @ -36.99% 8.14
2024 8.98 Est @ -26.01% 5.45
2025 7.33 Est @ -18.32% 4.03
2026 6.38 Est @ -12.94% 3.18
2027 5.80 Est @ -9.18% 2.61
2028 5.42 Est @ -6.54% 2.21
2029 5.16 Est @ -4.7% 1.90
Present value of next 10 years cash flows $95.00
DB:FT5 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $5.16 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$47.28
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $47.28 ÷ (1 + 10.49%)10
$17.44
DB:FT5 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $95.00 + $17.44
$112.44
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $112.44 / 107.11
$1.05
DB:FT5 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FT5 represents 0.70834x of NYSE:FTSI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.70834x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 1.05 x 0.70834
€0.74
Value per share (EUR) From above. €0.74
Current discount Discount to share price of €0.17
= -1 x (€0.17 - €0.74) / €0.74
77.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price FTS International is available for.
Intrinsic value
>50%
Share price is €0.17 vs Future cash flow value of €0.74356
Current Discount Checks
For FTS International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • FTS International's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • FTS International's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FTS International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FTS International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FT5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.67
NYSE:FTSI Share Price ** NYSE (2020-04-06) in USD $0.24
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FTS International.

DB:FT5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:FTSI Share Price ÷ EPS (both in USD)

= 0.24 ÷ -0.67

-0.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FTS International is loss making, we can't compare its value to the Europe Energy Services industry average.
  • FTS International is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does FTS International's expected growth come at a high price?
Raw Data
DB:FT5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
52.1%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for FTS International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on FTS International's assets?
Raw Data
DB:FT5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.35
NYSE:FTSI Share Price * NYSE (2020-04-06) in USD $0.24
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:FT5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:FTSI Share Price ÷ Book Value per Share (both in USD)

= 0.24 ÷ 0.35

0.68x

* Primary Listing of FTS International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FTS International is overvalued based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess FTS International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. FTS International has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FT5 Future Performance

 How is FTS International expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
52.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FTS International expected to grow at an attractive rate?
  • Unable to compare FTS International's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare FTS International's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • FTS International's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:FT5 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FT5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 52.1%
DB:FT5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts -29.1%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:FT5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FT5 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 445 1
2021-12-31 438 82 -26 5
2020-12-31 465 75 -41 5
2020-04-07
DB:FT5 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 777 124 -73
2019-09-30 882 172 -33
2019-06-30 1,031 259 27
2019-03-31 1,298 344 125
2018-12-31 1,543 385 682
2018-09-30 1,754 422 686
2018-06-30 1,869 362 662
2018-03-31 1,720 286 547
2017-12-31 1,466 180 -26
2017-09-30 1,160 25 -154
2017-06-30 836 -75 -246
2017-03-31 597 -130 -342

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FTS International is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • FTS International's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:FT5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from FTS International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FT5 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.15 0.15 0.15 1.00
2021-12-31 -0.22 -0.18 -0.30 3.00
2020-12-31 -0.22 -0.10 -0.34 3.00
2020-04-07
DB:FT5 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.67
2019-09-30 -0.31
2019-06-30 0.25
2019-03-31 1.14
2018-12-31 6.54
2018-09-30 7.64
2018-06-30 8.78
2018-03-31 8.98
2017-12-31 -0.50
2017-09-30 -2.98
2017-06-30 -4.74
2017-03-31 -6.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FTS International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess FTS International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FTS International has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FT5 Past Performance

  How has FTS International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FTS International's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FTS International does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare FTS International's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare FTS International's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
FTS International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FTS International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FT5 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 776.60 -72.90 89.10
2019-09-30 882.40 -33.40 88.00
2019-06-30 1,030.80 27.00 86.60
2019-03-31 1,298.30 124.70 85.70
2018-12-31 1,543.30 681.60 87.90
2018-09-30 1,753.90 686.00 85.30
2018-06-30 1,868.50 661.50 87.30
2018-03-31 1,720.10 547.40 87.30
2017-12-31 1,466.10 -25.90 81.00
2017-09-30 1,159.80 -154.20 74.90
2017-06-30 836.20 -245.60 69.00
2017-03-31 597.00 -342.10 63.70
2016-12-31 532.20 -370.10 64.40
2016-09-30 577.00 -969.90 77.10
2015-12-31 1,375.30 -1,158.10 154.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if FTS International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if FTS International has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if FTS International improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess FTS International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FTS International has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FT5 Health

 How is FTS International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FTS International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FTS International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FTS International's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of FTS International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FTS International Company Filings, last reported 3 months ago.

DB:FT5 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 37.70 456.90 223.00
2019-09-30 46.50 456.60 204.20
2019-06-30 58.00 472.20 162.10
2019-03-31 53.30 476.80 172.10
2018-12-31 106.90 503.20 177.80
2018-09-30 74.60 559.50 167.20
2018-06-30 21.80 628.50 126.30
2018-03-31 -85.20 727.20 155.50
2017-12-31 -468.50 1,116.40 208.10
2017-09-30 -561.40 1,191.60 193.80
2017-06-30 -645.00 1,190.60 138.50
2017-03-31 -689.30 1,189.60 126.70
2016-12-31 -669.20 1,188.70 160.30
2016-09-30 -621.30 1,187.70 195.00
2015-12-31 -480.70 1,276.20 264.60
  • FTS International's level of debt (1211.9%) compared to net worth is high (greater than 40%).
  • Unable to establish if FTS International's debt level has increased without past 5-year debt data.
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.

  • Whilst loss making FTS International has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making FTS International has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -61% per year.
X
Financial health checks
We assess FTS International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FTS International has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FT5 Dividends

 What is FTS International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from FTS International dividends. Estimated to be 0% next year.
If you bought €2,000 of FTS International shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate FTS International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate FTS International's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:FT5 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FT5 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 2.00
2021-12-31 0.00 2.00
2020-12-31 0.00 2.00
2020-04-07

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as FTS International has not reported any payouts.
  • Unable to verify if FTS International's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of FTS International's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FTS International has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of FTS International's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess FTS International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FTS International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FTS International has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FT5 Management

 What is the CEO of FTS International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Doss
COMPENSATION $1,973,139
AGE 46
TENURE AS CEO 4.5 years
CEO Bio

Mr. Michael J. Doss, also known as Mike, has been the Chief Executive Officer of FTS International Manufacturing, LLC since April 2016 and has been its Director since February 2018. Mr. Doss has been Chief Executive Officer at FTS International, Inc. since October 2015. He served as the Interim Chief Executive Officer of FTS International Manufacturing, LLC from October 2015 to April 2016. Mr. Doss served as the Chief Financial Officer of FTS International Manufacturing, LLC since December 2014 and served as its Senior Vice President of Finance and Treasurer from January 2014 to December 2014. Previously, he worked for Energy Transfer Partners L.P. (ETP), where he served as Vice President of Finance and then as Vice President of Strategic Planning for its affiliate Energy Transfer Equity L.P. Before joining ETP in 2008, he was a Senior Credit Officer at Moody's Investors Service, covering a diverse portfolio of oil and gas issuers. He spent the first eight years of his career in public accounting at Ernst & Young serving clients in the oil and gas industry. Mr. Doss earned Bachelor of Business Administration and Master of Professional Accounting degrees from the University of Texas at Austin. Mr. Doss earned an MBA from Columbia Business School. He is a Certified Public Accountant in the state of Texas.

CEO Compensation
  • Mike's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mike's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the FTS International management team in years:

4.5
Average Tenure
46
Average Age
  • The tenure for the FTS International management team is about average.
Management Team

Mike Doss

TITLE
CEO & Director
COMPENSATION
$2M
AGE
46
TENURE
4.5 yrs

Lance Turner

TITLE
CFO & Treasurer
COMPENSATION
$817K
AGE
39
TENURE
4.5 yrs

Buddy Petersen

TITLE
Chief Operating Officer
COMPENSATION
$2M
AGE
53
TENURE
4.5 yrs

Karen Thornton

TITLE
Chief Administrative Officer
COMPENSATION
$4M
AGE
49
TENURE
3 yrs

Michael Messina

TITLE
Associate of Finance and Investor Relations

Jennifer Keefe

TITLE
Senior VP
COMPENSATION
$4M
AGE
46
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure and age of the FTS International board of directors in years:

2.2
Average Tenure
53
Average Age
  • The average tenure for the FTS International board of directors is less than 3 years, this suggests a new board.
Board of Directors

Yong Goh

TITLE
Independent Chairman of the Board
AGE
67

Mike Doss

TITLE
CEO & Director
COMPENSATION
$2M
AGE
46
TENURE
2.2 yrs

Nick Dell'Osso

TITLE
Independent Director
AGE
42
TENURE
8.9 yrs

Mike Jennings

TITLE
Independent Director
COMPENSATION
$165K
AGE
53
TENURE
1.3 yrs

Tiong Ong

TITLE
Independent Director
AGE
54
TENURE
8.9 yrs

Bryan Lemmerman

TITLE
Independent Director
AGE
44
TENURE
7.2 yrs

Carol Johnson

TITLE
Independent Director
COMPENSATION
$150K
AGE
60
TENURE
2.2 yrs

John Vaske

TITLE
Independent Director
AGE
53
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by FTS International individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
03. Mar 20 Buy Carol Johnson Individual 28. Feb 20 28. Feb 20 52,500 €0.87 €45,480
X
Management checks
We assess FTS International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FTS International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FT5 News

Simply Wall St News

FT5 Company Info

Description

FTS International, Inc. provides hydraulic fracturing services in North America. Its services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies (E&P), in shale and other unconventional resource formations. It operates in five unconventional basins in the United States, including the Permian Basin, the SCOOP/STACK Formation, the Marcellus/Utica Shale, the Eagle Ford Shale, and the Haynesville Shale. As of December 31, 2019, it had approximately 1.4 million hydraulic horsepower across 28 fleets. The company serves E&P companies that specialize in unconventional oil and natural gas resources. FTS International, Inc. was founded in 2000 and is headquartered in Fort Worth, Texas.

Details
Name: FTS International, Inc.
FT5
Exchange: DB
Founded: 2000
$23,770,912
107,110,919
Website: http://www.ftsi.com
Address: FTS International, Inc.
777 Main Street,
Suite 2900,
Fort Worth,
Texas, 76102,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE FTSI Common Stock New York Stock Exchange US USD 02. Feb 2018
DB FT5 Common Stock Deutsche Boerse AG DE EUR 02. Feb 2018
Number of employees
Current staff
Staff numbers
1,250
FTS International employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 01:34
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.