Forum Energy Technologies, Inc. (FET)
NYSE: FET · Real-Time Price · USD
15.29
-0.20 (-1.29%)
Nov 13, 2024, 4:00 PM EST - Market closed

Forum Energy Technologies Statistics

Total Valuation

FET has a market cap or net worth of $187.82 million. The enterprise value is $443.95 million.

Market Cap 187.82M
Enterprise Value 443.95M

Important Dates

The last earnings date was Thursday, October 31, 2024, after market close.

Earnings Date Oct 31, 2024
Ex-Dividend Date n/a

Share Statistics

FET has 12.28 million shares outstanding. The number of shares has increased by 29.34% in one year.

Current Share Class 12.28M
Shares Outstanding 12.28M
Shares Change (YoY) +29.34%
Shares Change (QoQ) n/a
Owned by Insiders (%) 5.52%
Owned by Institutions (%) 57.90%
Float 10.03M

Valuation Ratios

PE Ratio n/a
Forward PE 12.64
PS Ratio 0.22
Forward PS n/a
PB Ratio 0.42
P/TBV Ratio 1.39
P/FCF Ratio 3.31
P/OCF Ratio 2.89
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.36, with an EV/FCF ratio of 7.82.

EV / Earnings n/a
EV / Sales 0.55
EV / EBITDA 5.36
EV / EBIT 13.63
EV / FCF 7.82

Financial Position

The company has a current ratio of 1.93, with a Debt / Equity ratio of 0.65.

Current Ratio 1.93
Quick Ratio 0.79
Debt / Equity 0.65
Debt / EBITDA 2.91
Debt / FCF 5.10
Interest Coverage 1.10

Financial Efficiency

Return on equity (ROE) is -11.30% and return on invested capital (ROIC) is 3.03%.

Return on Equity (ROE) -11.30%
Return on Assets (ROA) 2.26%
Return on Capital (ROIC) 3.03%
Revenue Per Employee $500,383
Profits Per Employee -$30,379
Employee Count 1,600
Asset Turnover 0.89
Inventory Turnover 1.90

Taxes

In the past 12 months, FET has paid $15.55 million in taxes.

Income Tax 15.55M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -32.13% in the last 52 weeks. The beta is 2.47, so FET's price volatility has been higher than the market average.

Beta (5Y) 2.47
52-Week Price Change -32.13%
50-Day Moving Average 15.46
200-Day Moving Average 17.43
Relative Strength Index (RSI) 50.58
Average Volume (20 Days) 45,861

Short Selling Information

The latest short interest is 107,458, so 0.87% of the outstanding shares have been sold short.

Short Interest 107,458
Short Previous Month 130,184
Short % of Shares Out 0.87%
Short % of Float 1.07%
Short Ratio (days to cover) 3.16

Income Statement

In the last 12 months, FET had revenue of $800.61 million and -$48.61 million in losses. Loss per share was -$4.13.

Revenue 800.61M
Gross Profit 242.29M
Operating Income 32.58M
Pretax Income -13.41M
Net Income -48.61M
EBITDA 82.87M
EBIT 32.58M
Loss Per Share -$4.13
Full Income Statement

Balance Sheet

The company has $33.31 million in cash and $289.45 million in debt, giving a net cash position of -$256.13 million or -$20.85 per share.

Cash & Cash Equivalents 33.31M
Total Debt 289.45M
Net Cash -256.13M
Net Cash Per Share -$20.85
Equity (Book Value) 443.53M
Book Value Per Share 36.11
Working Capital 252.70M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $64.94 million and capital expenditures -$8.18 million, giving a free cash flow of $56.75 million.

Operating Cash Flow 64.94M
Capital Expenditures -8.18M
Free Cash Flow 56.75M
FCF Per Share $4.62
Full Cash Flow Statement

Margins

Gross margin is 30.26%, with operating and profit margins of 4.07% and -6.07%.

Gross Margin 30.26%
Operating Margin 4.07%
Pretax Margin -4.13%
Profit Margin -6.07%
EBITDA Margin 10.35%
EBIT Margin 4.07%
FCF Margin 7.32%

Dividends & Yields

FET does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -29.34%
Shareholder Yield -29.34%
Earnings Yield -25.88%
FCF Yield 30.22%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on November 10, 2020. It was a reverse split with a ratio of 0.05:1.

Last Split Date Nov 10, 2020
Split Type Reverse
Split Ratio 0.05:1

Scores

FET has an Altman Z-Score of 0.45 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.45
Piotroski F-Score 4