Forum Energy Technologies, Inc.
FETEnergyNASDAQOil & Gas Equipment & Services
Scan Results
Daily timeframeForum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. With a market capitalization of $590.5M, it sits in small-cap territory. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole.
Market Cap
$590.5M
Beta
0.55
P/E (TTM)
—
P/E (Fwd)
18.96
EPS (TTM)
$-0.53
EPS (Fwd)
$2.75
ROE
-2.1%
ROA
1.7%
Cash
$37.5M
Total Debt
$240.2M
Free CF
$75.4M
52W Change
161.0%
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. The company generates $75.4M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -2.1%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.
With a beta below 0.7, Forum Energy Technologies, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FET.