(FET) Forum Energy Technologies - Ratings and Ratios
Drilling, Subsea, Downhole, Valves, Consumables
FET EPS (Earnings per Share)
FET Revenue
Description: FET Forum Energy Technologies
Forum Energy Technologies Inc (NYSE:FET) is a global supplier of products and solutions to the oil, natural gas, industrial, and renewable energy industries. The company operates through two main segments: Drilling and Completions, and Artificial Lift and Downhole. The Drilling and Completions segment provides a range of products and services for drilling, subsea, coiled tubing, and well stimulation markets, while the Artificial Lift and Downhole segment focuses on artificial lift, well construction, and production markets.
From a business perspective, FETs revenue streams are diversified across various industries, including oil and gas, renewable energy, defense, and communications. The companys product portfolio includes drilling capital equipment, subsea remotely operated vehicles, hydraulic fracturing pumps, wireline cable, and coiled tubing strings, among others. FETs customer base includes drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers.
To evaluate FETs performance, key performance indicators (KPIs) such as revenue growth, EBITDA margin, and return on equity (ROE) can be analyzed. Given FETs current ROE of -32.49%, it indicates that the company is currently unprofitable. However, the forward P/E ratio of 10.36 suggests that investors expect the company to return to profitability. Other relevant KPIs include the companys debt-to-equity ratio, interest coverage ratio, and operating cash flow margin, which can provide further insights into FETs financial health and operational efficiency.
From a valuation perspective, FETs market capitalization is approximately $241.21 million, with a current stock price of $20.85. The stocks 52-week high and low prices are $21.10 and $13.57, respectively, indicating a relatively stable price range. Technical indicators such as the 20-day, 50-day, and 200-day moving averages (19.77, 17.07, and 16.67, respectively) suggest a positive trend in the stock price. The average true range (ATR) of 0.74 (3.53% of the current price) indicates moderate volatility.
FET Stock Overview
| Market Cap in USD | 304m |
| Sub-Industry | Oil & Gas Equipment & Services |
| IPO / Inception | 2012-04-12 |
FET Stock Ratings
| Growth Rating | 50.4% |
| Fundamental | 44.0% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 26.1% |
| Analyst Rating | - |
FET Dividends
Currently no dividends paidFET Growth Ratios
| Growth Correlation 3m | 72.4% |
| Growth Correlation 12m | 50.2% |
| Growth Correlation 5y | -5.9% |
| CAGR 5y | 19.26% |
| CAGR/Max DD 5y | 0.33 |
| Sharpe Ratio 12m | 0.23 |
| Alpha | 28.95 |
| Beta | 1.274 |
| Volatility | 44.98% |
| Current Volume | 110.5k |
| Average Volume 20d | 93.4k |
| Stop Loss | 25.1 (-5.1%) |
| Signal | 1.87 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (-109.5m TTM) > 0 and > 6% of Revenue (6% = 48.1m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA 5.74pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 35.60% (prev 42.38%; Δ -6.78pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.11 (>3.0%) and CFO 89.2m > Net Income -109.5m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 2.41 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (12.6m) change vs 12m ago 1.82% (target <= -2.0% for YES) |
| Gross Margin 30.67% (prev 29.47%; Δ 1.20pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 89.75% (prev 79.05%; Δ 10.70pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -3.15 (EBITDA TTM -41.0m / Interest Expense TTM 23.8m) >= 6 (WARN >= 3) |
Altman Z'' -3.65
| (A) 0.35 = (Total Current Assets 487.7m - Total Current Liabilities 202.3m) / Total Assets 810.1m |
| (B) -1.02 = Retained Earnings (Balance) -826.0m / Total Assets 810.1m |
| warn (B) unusual magnitude: -1.02 — check mapping/units |
| (C) -0.08 = EBIT TTM -74.8m / Avg Total Assets 893.4m |
| (D) -1.97 = Book Value of Equity -939.6m / Total Liabilities 475.9m |
| Total Rating: -3.65 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 44.00
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 21.90% = 5.0 |
| 3. FCF Margin 11.58% = 2.90 |
| 4. Debt/Equity 0.48 = 2.39 |
| 5. Debt/Ebitda -3.89 = -2.50 |
| 6. ROIC - WACC -21.39% = -12.50 |
| 7. RoE -30.90% = -2.50 |
| 8. Rev. Trend 67.22% = 3.36 |
| 9. Rev. CAGR 3.48% = 0.43 |
| 10. EPS Trend -23.11% = -0.58 |
| 11. EPS CAGR -28.81% = -2.50 |
What is the price of FET shares?
Over the past week, the price has changed by +7.52%, over one month by +27.90%, over three months by +76.80% and over the past year by +47.44%.
Is Forum Energy Technologies a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FET is around 24.84 USD . This means that FET is currently overvalued and has a potential downside of -6.09%.
Is FET a buy, sell or hold?
What are the forecasts/targets for the FET price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 31 | 17.2% |
| Analysts Target Price | 31 | 17.2% |
| ValueRay Target Price | 27.5 | 3.9% |
Last update: 2025-08-28 04:39
FET Fundamental Data Overview
CCE Cash And Equivalents = 39.0m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 22.8311
P/S = 0.3787
P/B = 0.8818
P/EG = -1.07
Beta = 0.877
Revenue TTM = 801.8m USD
EBIT TTM = -74.8m USD
EBITDA TTM = -41.0m USD
Long Term Debt = 157.7m USD (from longTermDebt, last quarter)
Short Term Debt = 1.66m USD (from shortTermDebt, last quarter)
Debt = 159.3m USD (Calculated: Short Term 1.66m + Long Term 157.7m)
Net Debt = 42.9m USD (from netDebt column, last quarter)
Enterprise Value = 424.0m USD (303.7m + Debt 159.3m - CCE 39.0m)
Interest Coverage Ratio = -3.15 (Ebit TTM -74.8m / Interest Expense TTM 23.8m)
FCF Yield = 21.90% (FCF TTM 92.9m / Enterprise Value 424.0m)
FCF Margin = 11.58% (FCF TTM 92.9m / Revenue TTM 801.8m)
Net Margin = -13.66% (Net Income TTM -109.5m / Revenue TTM 801.8m)
Gross Margin = 30.67% ((Revenue TTM 801.8m - Cost of Revenue TTM 555.9m) / Revenue TTM)
Tobins Q-Ratio = -0.45 (set to none) (Enterprise Value 424.0m / Book Value Of Equity -939.6m)
Interest Expense / Debt = 2.95% (Interest Expense 4.71m / Debt 159.3m)
Taxrate = 44.68% (from quarterly Income Tax Expense: 6.22m / 13.9m)
NOPAT = -74.8m (EBIT -74.8m, no tax applied on loss)
Current Ratio = 2.41 (Total Current Assets 487.7m / Total Current Liabilities 202.3m)
Debt / Equity = 0.48 (Debt 159.3m / last Quarter total Stockholder Equity 334.2m)
Debt / EBITDA = -3.89 (Net Debt 42.9m / EBITDA -41.0m)
Debt / FCF = 1.72 (Debt 159.3m / FCF TTM 92.9m)
Total Stockholder Equity = 354.4m (last 4 quarters mean)
RoA = -13.52% (Net Income -109.5m, Total Assets 810.1m )
RoE = -30.90% (Net Income TTM -109.5m / Total Stockholder Equity 354.4m)
RoCE = -14.61% (Ebit -74.8m / (Equity 354.4m + L.T.Debt 157.7m))
RoIC = -13.80% (NOPAT -74.8m / Invested Capital 542.1m)
WACC = 7.59% (E(303.7m)/V(463.0m) * Re(10.71%)) + (D(159.3m)/V(463.0m) * Rd(2.95%) * (1-Tc(0.45)))
Shares Correlation 5-Years: 90.0 | Cagr: 22.03%
Discount Rate = 10.71% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 59.46% ; FCFE base≈78.1m ; Y1≈51.3m ; Y5≈23.4m
Fair Price DCF = 26.60 (DCF Value 316.6m / Shares Outstanding 11.9m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 67.22 | Revenue CAGR: 3.48%
Rev Growth-of-Growth: -0.42
EPS Correlation: -23.11 | EPS CAGR: -28.81%
EPS Growth-of-Growth: 126.3
Additional Sources for FET Stock
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Fund Manager Positions: Dataroma | Stockcircle