image
Energy - Oil & Gas Equipment & Services - NYSE - US
$ 20.305
0.0246 %
$ 250 M
Market Cap
-1.85
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one FET stock under the worst case scenario is HIDDEN Compared to the current market price of 20.3 USD, Forum Energy Technologies, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one FET stock under the base case scenario is HIDDEN Compared to the current market price of 20.3 USD, Forum Energy Technologies, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one FET stock under the best case scenario is HIDDEN Compared to the current market price of 20.3 USD, Forum Energy Technologies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FET

image
$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.0$15.0$15.0$14.0$14.0$13.0$13.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 Mar
FINANCIALS
816 M REVENUE
10.50%
-86.8 M OPERATING INCOME
-418.84%
-135 M NET INCOME
-616.78%
92.2 M OPERATING CASH FLOW
1026.62%
-138 M INVESTING CASH FLOW
-1992.29%
45.2 M FINANCING CASH FLOW
696.70%
201 M REVENUE
-3.28%
-107 M OPERATING INCOME
-1197.85%
-104 M NET INCOME
-598.62%
38.5 M OPERATING CASH FLOW
50.44%
18.4 M INVESTING CASH FLOW
1384.49%
-44.2 M FINANCING CASH FLOW
-73.40%
Balance Sheet Forum Energy Technologies, Inc.
image
Current Assets 496 M
Cash & Short-Term Investments 44.7 M
Receivables 166 M
Other Current Assets 285 M
Non-Current Assets 320 M
Long-Term Investments 0
PP&E 134 M
Other Non-Current Assets 187 M
5.47 %20.38 %34.89 %16.40 %22.86 %Total Assets$816.0m
Current Liabilities 202 M
Accounts Payable 110 M
Short-Term Debt 1.87 M
Other Current Liabilities 90.3 M
Non-Current Liabilities 294 M
Long-Term Debt 73.1 M
Other Non-Current Liabilities 221 M
22.10 %18.21 %14.75 %44.56 %Total Liabilities$496.1m
EFFICIENCY
Earnings Waterfall Forum Energy Technologies, Inc.
image
Revenue 816 M
Cost Of Revenue 561 M
Gross Profit 255 M
Operating Expenses 342 M
Operating Income -86.8 M
Other Expenses 48.5 M
Net Income -135 M
900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)816m(561m)255m(342m)(87m)(49m)(135m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
31.24% GROSS MARGIN
31.24%
-10.63% OPERATING MARGIN
-10.63%
-16.58% NET MARGIN
-16.58%
-42.30% ROE
-42.30%
-16.59% ROA
-16.59%
-14.84% ROIC
-14.84%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Forum Energy Technologies, Inc.
image
140m140m120m120m100m100m80m80m60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -135 M
Depreciation & Amortization 53.7 M
Capital Expenditures 0
Stock-Based Compensation 7.14 M
Change in Working Capital 57.6 M
Others 110 M
Free Cash Flow 92.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Forum Energy Technologies, Inc.
image
FET has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership Forum Energy Technologies, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
107 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
227 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
214 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q4 24 Dallas, Texas--(Newsfile Corp. - February 24, 2025) - Forum Energy Technologies, Inc. (NYSE: FET) Stonegate Capital Partners updates their coverage on Forum Energy Technologies, Inc. (NYSE: FET). FET reported revenue, adj EBITDA, and adj net income of $201.0M, $22.2M, and ($5.9)M, respectively. newsfilecorp.com - 1 month ago
Forum Energy Technologies, Inc. (FET) Q4 2024 Earnings Call Transcript Forum Energy Technologies, Inc. (NYSE:FET ) Q4 2024 Earnings Conference Call February 21, 2025 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President and CEO Lyle Williams - CFO Conference Call Participants John Daniel - Daniel Energy Partners Dave Storms - Stonegate Jeff Robertson - Water Tower Research Steve Ferazani - Sidoti Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Fourth Quarter and Full Year 2024 Earnings Conference Call. My name is Gigi and I'll be your coordinator for today's call. seekingalpha.com - 1 month ago
Forum Energy Technologies Announces Fourth Quarter and Full Year 2024 Results and Outlook; Delivers $92 Million of Operating Cash Flow HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2024 revenue of $201 million and orders of $190 million. Fourth quarter net loss of $104 million includes a non-cash, pre-tax intangible asset impairment of $119 million and an $11 million tax valuation allowance release. Net loss for 2024 was $135 million, or $11.00 per diluted share. Adjusted net loss for the quarter was $6 million and $11 million for 2024.1 Neal Lux, President and Chief Execu. businesswire.com - 1 month ago
C. Christopher Gaut to Retire from FET Board of Directors HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that Mr. C. Christopher Gaut plans to retire from the FET Board of Directors at the end of his term and not stand for re-election at FET's 2025 annual meeting of stockholders. Mr. Gaut was first elected as a director of Forum Oilfield Technologies in 2006. In 2010, following his retirement from Halliburton, where he led a distinguished career as Chief Financial Officer, Mr. Gaut developed a strategy leading to. businesswire.com - 1 month ago
Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2024 Earnings Conference Call HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2024 earnings conference call at 10:00 a.m. Central Time on Friday, February 21, 2025. FET will issue a press release reporting its fourth quarter and full year 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should. businesswire.com - 1 month ago
Forum Energy Technologies Congratulates Board Member Leslie A. Beyer on U.S. Government Nomination HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) congratulates Leslie A. Beyer, a member of FET's Board of Directors, on her nomination to serve as Assistant Secretary for Land and Minerals Management in the U.S. Department of Interior (DOI). Once confirmed by the Senate, Ms. Beyer would oversee multiple key agencies within the DOI, including the Bureau of Land Management; Office of Surface Mining Reclamation and Enforcement; Bureau of Ocean Energy Management; and Bureau of. businesswire.com - 2 months ago
Forum Energy Technologies to Present at the Sidoti Virtual Micro Cap Conference HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, are scheduled to present at the Sidoti Virtual Micro Cap Conference on Wednesday, January 22, 2025 at 11:30 a.m. Eastern Time. The presentation can be accessed live at the following link: https://sidoti.zoom.us/webinar/register/WN_msJcxtctQA6hqOwKwkYYIg A link to the live webcast and t. businesswire.com - 2 months ago
Forum Energy Technologies: A Stock Buying Back 40% Of Its Market Cap Forum Energy Technologies announced a US$75 million share buyback program, to address the issue of stock undervaluation. The share repurchase program of such a magnitude seems to be supported by the balance sheet, business fundamentals, and especially anticipated FCF in the foreseeable future. I believe the current bearish sentiment represents an opportunity for risk-tolerant, patient investors with no less than a two-year investment time horizon to consider this turnaround story. seekingalpha.com - 2 months ago
Forum Energy Technologies Announces $75 Million Share Repurchase Program and Completion of Sale-Leaseback Transactions HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that its Board of Directors has authorized a program for the repurchase of outstanding shares of FET's common stock having an aggregate purchase price of up to $75 million. Shares may be repurchased under the program from time to time, in amounts and at prices that FET deems appropriate, subject to market and business conditions, applicable legal requirements and other considerations. The program does. businesswire.com - 3 months ago
Appointment of Evelyn Angelle to Bird's Board of Directors MISSISSAUGA, Ontario, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Bird Construction Inc. (TSX: BDT) is pleased to announce the appointment of Evelyn Angelle to its Board of Directors (the “Board”), effective immediately. Ms. Angelle will fill a vacancy on the Board, bringing the total number of directors to 10. globenewswire.com - 4 months ago
Forum Energy Technologies to Present at November 21st Virtual Investor Summit Microcap Event HOUSTON, TX / ACCESSWIRE / November 18, 2024 / Forum Energy Technologies, Inc. (NYSE:FET), a global manufacturing company, serving the oil, natural gas, industrial and renewable energy industries, will present at the Virtual Investor Summit Microcap Event. The company will be available for 1-on-1 meetings throughout the day in addition to their presentation. accesswire.com - 4 months ago
Forum Energy Technologies Announces Closing of $100 Million Senior Secured Bond Issuance HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today that it closed its offering of USD $100.0 million aggregate principal amount of 10.5% senior secured bonds (the “Offering”) on November 8, 2024. The bonds will mature in November 2029 and were issued at par. Net proceeds from the Offering, together with cash on hand, were used to repay all borrowings outstanding under the seller term loan issued in connection with the acquisition of Variperm Energy Ser. businesswire.com - 4 months ago
8. Profile Summary

Forum Energy Technologies, Inc. FET

image
COUNTRY US
INDUSTRY Oil & Gas Equipment & Services
MARKET CAP $ 250 M
Dividend Yield 0.00%
Description 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. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Contact 10344 Sam Houston Park Drive, Houston, TX, 77064 https://www.f-e-t.com
IPO Date April 12, 2012
Employees 1800
Officers Mr. Neal A. Lux President, Chief Executive Officer & Director Ms. Katherine C. Keller Senior Vice President & Chief Accounting Officer Mr. Michael D. Danford Senior Vice President & Chief Human Resources Officer Mr. Tylar K. Schmitt Vice President of Finance & Treasurer Mr. John C. Ivascu J.D. Executive Vice President, General Counsel, Chief Compliance Officer & Corporate Secretary Rob Kukla Director of Investor Relations Mr. Mark Brookes Senior Vice President of Operations Mr. Steven Pounds Senior Vice President of Operations Mr. David Lyle Williams Jr. Executive Vice President & Chief Financial Officer