# Forum Energy Technologies Inc. (FET) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Energy / Oilfield Services & Equipment. Price $76.93, market value $883 million.

## Valuation
- **P/E (trailing): 30.3×** (5-yr avg 47.6×). Forum Energy Technologies Inc. trades at 30.3× trailing earnings, well below its own five-year average of 47.6×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 15.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.16**. A PEG of 0.16 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×.
- **Price / book: 2.8×**. The shares trade at 2.8× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 7.0%** (5-yr avg 5.0%). Free cash flow equals 7.0% of the market value, above its five-year average of 5.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.3%**. The inverse of the P/E: 3.3% of the price is earned each year.

## Profitability
- **Gross margin: 30.6%**. Forum Energy Technologies Inc. keeps 30.6% of revenue after the direct cost of what it sells.
- **Operating margin: 7.4%**. 7.4% of revenue is left after running the business.
- **Net margin: -1.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: -3.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 12.9%**. Return on all capital, debt included, is 12.9%.
- **Return on assets: 4.0%**. Each dollar of assets produces 4.0% of profit.

## Growth
- **Revenue growth (1 yr): -3.1%** (3-yr 4.2%/yr, 5-yr 9.1%/yr). Revenue fell 3.1% over the last year, against 9.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 92.6%**. Earnings per share rose 92.6%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.47**. Debt is 0.47 times equity: a conservative balance sheet.
- **Current ratio: 2.17** (quick 2.17). Current assets cover the next year's liabilities 2.17 times.
- **Altman Z-score: 3.26**. A Z-score of 3.26 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Forum Energy Technologies Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 189.8%** (YTD 110.1%, 3-mo 10.3%). The shares are up 189.8% over twelve months including dividends.
- **From 52-week high: -16.4%** (181.8% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 0.98** (volatility 56%). Beta of 0.98 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FET · Page: https://foliofundamentals.com/stocks/fet

Not investment advice.