FET Forum Energy Technologies Inc

  1. Stocks
  2. Energy
  3. NYSE: FET

Price (delayed)

$50.18

Market cap

$567.25M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.58

Enterprise value

$769.96M

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Relative Growth: Rel. Growth: 63
Relative Strength: Rel. Strength: 86
Relative Valuation: Rel. Valuation: 52
Relative Profitability: Rel. Profitability: 48

Forum Energy Technologies, Inc. is a global oilfield products company, serving the drilling, downhole, subsea, completions and production sectors of the oil and natural gas industry. The Company's products include ...

Highlights
FET's net income has surged by 95% year-on-year and by 35% since the previous quarter
The EPS has surged by 94% year-on-year and by 28% since the previous quarter
Forum Energy Technologies's equity has decreased by 12% YoY and by 3.6% QoQ
The company's gross margin fell by 11% YoY
Sector: Energy
Industry: Oil & Gas Equipment & Services
Website: http://www.f-e-t.com
Peers: NOV FTI SLB INVX

Key stats

What are the main financial stats of FET

FET stock price

How has the Forum Energy Technologies stock price performed over time
Intraday
-2.24%
1 week
-0.32%
1 month
-12.12%
1 year
161.22%
YTD
35.81%
QTD
-14.46%

Financial performance

How have Forum Energy Technologies's revenue and profit performed over time
Revenue
$806.9M
Gross profit
$221.67M
Operating income
$32.35M
Net income
-$6.29M
Gross margin
27.5%
Net margin
-0.8%
The operating margin has soared by 140% YoY and by 5% from the previous quarter
The company's operating income has surged by 140% YoY and by 7% QoQ
FET's net income has surged by 95% year-on-year and by 35% since the previous quarter
The net margin has soared by 95% YoY and by 33% QoQ

Price vs fundamentals

How does FET's price correlate with its fundamentals

Growth

What is Forum Energy Technologies's growth rate over time

Valuation

What is Forum Energy Technologies stock price valuation
P/E
N/A
P/B
2.01
P/S
0.7
EV/EBIT
21.06
EV/EBITDA
11.14
EV/Sales
0.95
The EPS has surged by 94% year-on-year and by 28% since the previous quarter
The price to book (P/B) is 194% higher than the 5-year quarterly average of 0.7 and 47% higher than the last 4 quarters average of 1.4
Forum Energy Technologies's equity has decreased by 12% YoY and by 3.6% QoQ
The price to sales (P/S) is 137% higher than the 5-year quarterly average of 0.3 and 42% higher than the last 4 quarters average of 0.5

Efficiency

How efficient is Forum Energy Technologies business performance
The company's return on invested capital has surged by 146% YoY and by 7% QoQ
The return on sales has surged by 141% year-on-year and by 2.3% since the previous quarter
FET's return on equity has surged by 94% year-on-year and by 32% since the previous quarter
The company's return on assets has surged by 94% YoY and by 33% QoQ

Dividends

What is FET's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for FET.

Financial health

How did Forum Energy Technologies financials performed over time
FET's total assets is 58% greater than its total liabilities
The company's quick ratio rose by 10% QoQ
The company's current ratio fell by 9% YoY but it rose by 2.8% QoQ
The debt is 14% lower than the equity
FET's debt to equity is up by 13% since the previous quarter and by 13% year-on-year
Forum Energy Technologies's equity has decreased by 12% YoY and by 3.6% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.