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Company Analysis

Forum Energy Technologies, Inc. FET

A comprehensive view of key metrics, scores, and financial health for Forum Energy Technologies, Inc.

Overview of Forum Energy Technologies, Inc.

FET NYQ
Energy Oil & Gas Equipment & Services Framework: Commodities & Mining Small Cap
Forum Energy Technologies, Inc. (FET), is a Small Cap company, in the Oil & Gas Equipment & Services industry, last closed at $89.95, about 19.3% overvalued vs fair value, +184.7% 1Y return, ranked 124/260 in sector.
Metrics Rev Growth -3.1% ROE -3.2% Gross Margin 27.7%
USD 89.95
1.22%
(Delayed)
• Vol 90d: 58.6%
52-Week Range
Market Cap
$1.01B
Enterprise Value
$1.12B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 88%
Confidence: 89%
Updated: Oct 24
Top Beats

Quick Facts

Website https://f-e-t.com
HQ Houston, TX
Employees 1,800
Fiscal year Dec 31

Next Events

Earnings Oct 29 Call: Oct 30

Fair Value Snapshot

Bear Base Bull
$62
$73
$82
Current: $89.95 -19% vs base

Engine Room Money Flow™

Small Cap

Commodities & Mining - Where revenue goes and how value is created

Flow Steps
Revenue
$791.5M
-3.1%%
Gross Profit
$219.0M
-14.1%%
Operating Income
$30.1M
134.7%%
EBITDA
$68.7M
258.9%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Commodities & Mining

Quality & Reliability Indicators

Cash Conversion Ratio FY2025
-6.67x

Operating Cash Flow / Net Income

Free cash flow relative to net income - not meaningful while net income is negative

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$34.6M
53.8% of FCF

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
2
Active Leaks
2/2
Improving
0
High Impact
0
Critical
Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Forum Energy Technologies, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
38
/100
Developing
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.74), suggesting sticky customer base.
  • Strong Liquidity Buffer Liquidity position is strong (score 0.66), providing operational cushion.

Key risks

  • Below-Peer Operating Efficiency Operating margin at 34.0th percentile indicates below-peer efficiency.
  • Elevated Debt Risk Debt serviceability is weak (score 0.29), raising refinancing risk.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Commodities & Mining vs Industry Peers 92% Coverage
Trade-Off Triangle Visualization A ternary plot showing FET's balance between Growth (40.8%), Profitability (28.5%), and Safety (30.7%). Growth 41% Safety 31% Profitability 29%

Click axes to expand details. Marker shows current allocation.

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Growth

56th percentile vs peers
56
Key Signals
EPS Growth YoY 92.6% 77p Revenue CAGR 3Y 4.2% 59p Rev Growth YoY -3.1% 39p
Strengths
  • Strong liquidity position vs peers
Risks

No significant risks identified for this axis.

Profitability

39th percentile vs peers
39
Key Signals
Strengths
Risks
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Safety

42th percentile vs peers
43
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Forum Energy Technologies, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$72.56
- - -
-19.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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