FET's price/sales ratio is 0.13; that's higher than the P/S ratio of merely 2.99% of US stocks.
The volatility of Forum Energy Technologies Inc's share price is greater than that of 99.93% US stocks with at least 200 days of trading history.
Forum Energy Technologies Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 42.49%, greater than the shareholder yield of 94.2% of stocks in our set.
Stocks that are quantitatively similar to FET, based on their financial statements, market capitalization, and price volatility, are BV, DLA, CMC, CMT, and CVV.
FET's SEC filings can be seen here. And to visit Forum Energy Technologies Inc's official web site, go to www.f-e-t.com.
Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The company was founded in 2010 and is based in Houston, Texas.
FET Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for FET, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Forum Energy Technologies Inc ranked in the 13th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 86.5%. In terms of the factors that were most noteworthy in this DCF analysis for FET, they are:
Its compound free cash flow growth rate, as measured over the past 5.7 years, is -0.31% -- higher than only 4.61% of stocks in our DCF forecasting set.
As a business, FET is generating more cash flow than merely 17.33% of positive cash flow stocks in the Energy.
17% of the company's capital comes from equity, which is greater than merely 5.74% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FET, try CLMT, SDPI, VTNR, CLB, and CRC.
Forum Energy Technologies, Inc. (FET) Q2 2020 Earnings Conference Call August 7, 2020 10:00 AM ET Company Participants Cris Gaut - Chairman and Chief Executive Officer Lyle Williams - Chief Financial Officer Neal Lux - Executive Vice President of Operations Conference Call Participants Dan Pickering - Pickering Energy Partners Presentation...
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2020 revenue of $113 million, a decrease of $69 million from the first quarter 2020. Net loss for the quarter was $5 million, or $0.05 per diluted share, compared to a net loss of $37 million, or $0.33 per diluted share, for the first quarter 2020. Excluding $27 million, or $0.24 per share of special items, adjusted net loss was $0.29 per diluted share in the second quarter 2020, compared to an
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host a conference call to discuss its recently announced successful debt exchange and its second quarter 2020 earnings at 9:00 AM CDT on Friday, August 7, 2020. Forum will issue a press release regarding its second quarter 2020 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North Ameri
Forum Energy Technologies, Inc. ("Forum" or the "Company") (NYSE: FET) today announced that as of the preliminary tender deadline, which was 5:00 p.m. ET on July 17, 2020, participation in its pending exchange offer for the 6.25% senior notes due 2021 fell short of the amount required to consummate the transaction.