Forum Energy Technologies, Inc. (FET): Price and Financial Metrics

FET POWR Grades

• FET scores best on the Momentum dimension, with a Momentum rank ahead of 99.04% of US stocks.
• FET's strongest trending metric is Growth; it's been moving up over the last 179 days.
• FET ranks lowest in Stability; there it ranks in the 39th percentile.

FET Stock Summary

• With a price/earnings ratio of 66.91, FORUM ENERGY TECHNOLOGIES INC P/E ratio is greater than that of about 92.2% of stocks in our set with positive earnings.
• Of note is the ratio of FORUM ENERGY TECHNOLOGIES INC's sales and general administrative expense to its total operating expenses; 98.5% of US stocks have a lower such ratio.
• Over the past twelve months, FET has reported earnings growth of -183.75%, putting it ahead of only 8.73% of US stocks in our set.
• If you're looking for stocks that are quantitatively similar to FORUM ENERGY TECHNOLOGIES INC, a group of peers worth examining would be FUL, AVNT, AVTR, MNRO, and MAT.
• Visit FET's SEC page to see the company's official filings. To visit the company's web site, go to www.f-e-t.com.

FET Valuation Summary

• FET's price/sales ratio is 0.3; this is 73.91% lower than that of the median Energy stock.
• FET's price/sales ratio has moved down 1.3 over the prior 133 months.

Below are key valuation metrics over time for FET.

FET Growth Metrics

Its 3 year net income to common stockholders growth rate is now at 84.83%.
• Its 5 year net income to common stockholders growth rate is now at -697.18%.
• The 2 year net income to common stockholders growth rate now stands at 89.57%.

FET's revenue has moved up $188,896,000 over the prior 15 months.

The table below shows FET's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	657.402	-39.807	-3.053
2022-06-30	616.551	-68.69	-31.117
2022-03-31	581.725	-39.312	-62.187
2021-12-31	541.068	-15.775	-82.651
2021-09-30	505.884	-5.918	-95.756
2021-06-30	468.506	8.316	-105.72

FET's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• FET has a Quality Grade of C, ranking ahead of 46.38% of graded US stocks.
• FET's asset turnover comes in at 0.541 -- ranking 80th of 104 Machinery stocks.
• BC, SDPI, and DRQ are the stocks whose asset turnover ratios are most correlated with FET.

The table below shows FET's key quality metrics over time.