NYSE
FET
Last Price
US $46.98
KEY FIGURES
MKT CAP
$0.6B
EPS
TTM
$-0.56
PEG
TTM
-
P/E
TTM
N/M
P/S
TTM
0.72x
YIELD
0.00%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
-2.09%
Return on equity
ROIC: -1.26%
Valuation History
-105.5X
Price to Earnings
EV/EBITDA: 9.8X
Cash flow
Profit margin
9.08%
(FY vs FY)
EBITDA Y/Y
-
(FY vs FY)
Cash flow Y/Y
108.43%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $46.98
77.74%
Default assumptions
EBITDA Multiple
Fair Value
Market $46.98
-46.70%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Forum Energy Technologies, Inc. cash flow to debt ratio of 32.02% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Financial risk - Healthy cash flow growth.
Forum Energy Technologies, Inc.'s free cash flow has decreased -23.39% from $84.05M last year to $64.39M, signaling decreasing performance
Financial risk - Healthy debt to equity ratio.
Forum Energy Technologies, Inc.'s debt to equity ratio is 0.86, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial risk - Healthy debt to equity ratio development.
Forum Energy Technologies, Inc.'s debt has increased relative to shareholder equity from 0.85 last year to 0.86 today, signaling weakened financials
Financial stability - Net debt/EBITDA.
Forum Energy Technologies, Inc. has a net debt to EBITDA ratio of 2.70x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial risk - ICR.
Forum Energy Technologies, Inc.'s interest coverage ratio is 1.22, which means that the company struggles to meet interest obligations, signaling financial risk.
Financial stability - Profit margin growth.
Forum Energy Technologies, Inc.'s profit margin has increased (-95.30%) in the last year from -16.58% to -0.78%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
Forum Energy Technologies, Inc.'s short-term assets of $448.88M exceed its short-term liabilities of $206.53M
Decreasing performance - ROA.
Forum Energy Technologies, Inc.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
Forum Energy Technologies, Inc.'s return on equity of -2.09%, is lower than 15.00%, indicating bad performance
Decreasing performance - Earnings quality.
Forum Energy Technologies, Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation
Decreasing performance - Earnings stability.
Forum Energy Technologies, Inc. had positive net income in only 1.00 out of 5 years, indicating unstable earnings
Increasing performance - Free cash flow.
Forum Energy Technologies, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Forum Energy Technologies, Inc. has a free cash flow yield of 11.25%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Forum Energy Technologies, Inc.'s yearly earnings has increased -92.86% since last year from $-135.33M to $-9.66M, signaling increasing performance
Decreasing performance - Healthy revenue growth.
Forum Energy Technologies, Inc.'s yearly revenue has decreased -3.06% since last year from $816.42M to $791.47M, signaling decreasing performance
Decreasing performance - ROIC.
ROIC -1.26% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.
Increasing performance - 3-year revenue CAGR.
Forum Energy Technologies, Inc.'s 3-year revenue CAGR of 4.18% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Forum Energy Technologies, Inc. had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Decreasing performance - ROE consistency.
Forum Energy Technologies, Inc. had positive ROE in only 1.00 out of 5 years, indicating inconsistent returns on equity
Undervalued - DCF valuation.
Forum Energy Technologies, Inc. is undervalued relative to its fair value price of 83.50 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Forum Energy Technologies, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Overvalued - EBITDA valuation.
Forum Energy Technologies, Inc. is overvalued relative to its fair value price of 25.04 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Forum Energy Technologies, Inc. has an EV/EBITDA ratio of 9.78x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
Forum Energy Technologies, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
Forum Energy Technologies, Inc. has a price-to-book ratio of 2.02x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Forum Energy Technologies, Inc. has a price-to-sales ratio of 0.71x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue