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Forum Energy Technologies Inc

FET | US

50.41

USD

-3.23

-6.02%

FET | US
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About Forum Energy Technologies Inc

Sector

Energy

Industry

Oil & Gas Equipment & Services

Earnings date

30/06/2024

As of date

05/06/2026

Close

50.41

Open

53.41

High

53.41

Low

49.95

Forum Energy Technologies Inc. designs manufactures and distributes products serving the oil natural gas industrial and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole Completions and Production. The Drilling & Downhole segment designs manufactures and supplies products and provides related services to the drilling well construction artificial lift and subsea energy construction markets including applications in oil and natural gas renewable energy defense and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers submarine rescue vehicles specialty components and tools and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps cooling systems high-pressure flexible hoses and flow iron for pressure pumping hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs manufactures and supplies products and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems production equipment specialty separation equipment and various industrial valves for oil and natural gas customers power generation renewable energy and other general industrial applications. The company was formerly known as Forum Oilfield Technologies Inc. and changed its name to Forum Energy Technologies Inc. in August 2010. The company was incorporated in 2005 and is headquartered in Houston Texas.

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FET | US

Risk
48.0
Sharpe
4.33
Luna's Score
55/100
Recommendation
Hold

Luna says (FET | US)

What's Working

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Price Below SMA10D

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

54.0%

1 month

48.0%

3 months

47.9%

6 months

47.8%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

20.58

Price to book

0.41

Debt to equity

0.70

Debt to assets

0.32

Ent. to EBITDA

7.86

Ent. to rev.

0.60

PEG

-1.07

Other Fundamentals

EBITDA

74.23M

MarketCap

619.22M

MarketCap(USD)

619.22M

Div. yield

-

Op. margin

4.57

Erngs. growth

-57.80

Rev. growth

10.70

Ret. on equity

-6.00

Short ratio

2.30

Short perc.

0.91

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

10.14

Range1M

10.14

Range3M

16.57

Volumes: Market Activity

Volume Averages

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Rel. volume

0.67

Price X volume

4.97M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA7.867.05Par
Ent. to Revenue0.602.02Cheaper
PE Ratio-21.08-
Price to Book0.413.14Cheaper
Dividend Yield-3.62-
Std. Deviation (3M)47.8946.82Par
Debt to Equity0.701.36Cheaper
Debt to Assets0.320.26Expensive
Market Cap619.22M6.44BEmerging
  • 1

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