Forum Energy Technologies, Inc.
FETEnergyNASDAQOil & Gas Equipment & Services
Scan Results
Daily timeframePart of the energy sector, Forum Energy Technologies, Inc. (FET) is listed under Oil & Gas Equipment & Services. Valued at $596.0M, FET is a small-cap name in its sector. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole.
Market Cap
$596.0M
Beta
0.60
P/E (TTM)
—
P/E (Fwd)
19.14
EPS (TTM)
$-0.51
EPS (Fwd)
$2.75
ROE
-2.1%
ROA
1.7%
Cash
$37.5M
Total Debt
$240.2M
Free CF
$75.4M
52W Change
251.9%
Annual Financials
Cash vs Debt
The company holds $37.5M in cash, though total debt stands at $240.2M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $75.4M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of -2.1% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.7% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $699.9M to $791.5M.
FET's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. No single metric tells the full story. Reviewing FET's risk profile alongside its fundamentals and technical indicators provides a more complete picture.