Skip to Content
Morningstar

Forum Energy Technologies Inc FET

Morningstar Rating
Unlock
Stock XNYS Rating as of
$19.39 −0.06 (0.31%)
View Full Chart
As of Delayed Price Post-Trading: $19.39 0.00
Unlock our analysis with Morningstar Investor
Start Free Trial

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

View History
FET is trading at a 29% discount.
Price
$19.39
Fair Value
$53.13
Uncertainty
Very High
1-Star Price
$37.92
5-Star Price
$54.88
Economic Moat
Mdqfc
Capital Allocation
—
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if FET is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$19.45
Day Range
$19.12–19.50
52-Week Range
$17.65–28.73
Bid/Ask
$17.99 / $20.37
Market Cap
$238.18 Mil
Volume/Avg
22,278 / 33,010

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
0.27
Dividend Yield (Trailing)
—
Dividend Yield (Forward)
—
Total Yield
2.51%

Company Profile

Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in three reporting segments, namely drilling and downhole which is also its key revenue generating segment, completions, and production. Revenue largely comes from consumable products and activity-based equipment. Consumable products include valves, centrifugal pumps, mud pump fluid end components, rig sensors among others.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Small Value
Total Number of Employees
1,600
Website
https://www.f-e-t.com

Comparables

Valuation

View More
Metric
FET
OIS
PTEN
Price/Earnings (Normalized)
 —43.707.50
Price/Book Value
 0.480.490.99
Price/Sales
 0.270.440.78
Price/Cash Flow
 6.704.453.01
Price/Earnings
FET
OIS
PTEN

Financial Strength

Metric
FET
OIS
PTEN
Quick Ratio
 1.021.591.16
Current Ratio
 2.593.101.41
Interest Coverage
 0.572.516.69
Quick Ratio
FET
OIS
PTEN

Profitability

Metric
FET
OIS
PTEN
Return on Assets (Normalized)
 −1.28%1.45%7.45%
Return on Equity (Normalized)
 −2.70%2.18%12.24%
Return on Invested Capital (Normalized)
 0.62%2.53%9.95%
Return on Assets
FET
OIS
PTEN
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Oil & Gas Equipment & Services Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
SLB
Schlumberger LtdYghbhmbnmWyysd$70.2 Bil
HAL
Halliburton CoBcgbvgrlvKgtkh$34.3 Bil
BKR
Baker Hughes Co Class AXtmmllzTqk$32.9 Bil
TS
Tenaris SA ADRLtxvtmhbfLvmk$21.4 Bil
FTI
TechnipFMC PLCNkhcgcsfWdrz$11.0 Bil
WFRD
Weatherford International PLC Ordinary Shares - NewLxmgfBsvf$9.0 Bil
NOV
NOV IncYwznyjrRyg$7.4 Bil
CHX
ChampionX CorpTvlvtffmcSqv$6.8 Bil
LBRT
Liberty Energy Inc Class AZmwvcsnTby$3.8 Bil
XPRO
Expro Group Holdings NVVpvdmlpnSjdzv$2.1 Bil

Sponsor Center