NYSE: FETForum Energy Technologies Inc Stock
$25.22+0.97 (+4%)
Updated Jun 6, 2023
FET Price
$25.22
Fair Value Price
N/A
Market Cap
$255.97M
52 Week Low
$16.78
52 Week High
$33.84
P/E
13.34x
P/B
0.61x
P/S
0.35x
PEG
N/A
Dividend Yield
N/A
Revenue
$733.70M
Earnings
$9.43M
Gross Margin
27.5%
Operating Margin
6.2%
Profit Margin
1.3%
Debt to Equity
1.04
Operating Cash Flow
-$15M
Beta
2.01
Next Earnings
Aug 2, 2023
Ex-Dividend
N/A
Next Dividend
N/A
FET Overview
Forum Energy Technologies, Inc. is an oilfield products company serving the subsea, drilling, completion, production, and infrastructure sectors of the oil and natural gas industry. Offerings include drilling rig equipment and pressure pumping equipment. Formed in 2010 by the five-way merger of Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology, the company is headquartered in Houston, TX.
Zen Score
–
Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FET scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
FET is good value based on its earnings relative to its share price (13.34x), compared to the US market average (53.54x)
P/E vs Market Valuation
FET is good value based on its earnings relative to its share price (13.34x), compared to the US Oil & Gas Equipment & Services industry average (-107.25x)
P/E vs Industry Valuation
FET is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
There are 30 more FET due diligence checks available for Premium users.
Be the first to know about important FET news, forecast changes, insider trades & much more!
FET News
Valuation
FET price to earnings (PE)
For valuing profitable companies with steady earnings
Company
13.34x
Industry
-107.25x
Market
53.54x
FET is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FET is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
FET price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.61x
Industry
2.54x
FET is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
FET's financial health
Profit margin
Revenue
$189.0M
Net Income
-$3.5M
Profit Margin
-1.8%
FET's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
FET's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$850.0M
Liabilities
$433.1M
Debt to equity
1.04
FET's short-term assets ($536.82M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FET's short-term assets ($536.82M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FET's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FET's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
-$23.1M
Investing
-$819.0k
Financing
$19.4M
FET's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
FET vs Oil & Gas Equipment & Service Stocks
Forum Energy Technologies Stock FAQ
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeWallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.