# Forum Energy Technologies Inc. (FET) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Energy Equipment & Services. Price $80.29, market value $921 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Forum Energy Technologies Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.17**. A PEG of 0.17 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 3.1×**. The shares trade at 3.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 5.8%** (5-yr avg 5.0%). Free cash flow equals 5.8% of the market value, in line with its five-year average of 5.0%. Above 5% is generally attractive.

## Profitability
- **Gross margin: 28.0%**. Forum Energy Technologies Inc. keeps 28.0% of revenue after the direct cost of what it sells.
- **Operating margin: 4.7%**. 4.7% of revenue is left after running the business, which leaves little cushion in a downturn.
- **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: 7.8%**. Return on all capital, debt included, is 7.8%.
- **Return on assets: -0.2%**. Each dollar of assets produces -0.2% 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.
- **Altman Z-score: 2.92**. A Z-score of 2.92 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

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

## Analyst view
- **Analyst consensus: strong_buy** (1 analyst). 1 analysts cover Forum Energy Technologies Inc.; the consensus is strong_buy, with an average price target of $91.00 (+13% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 201.6%** (YTD 117.3%, 3-mo 59.3%). The shares are up 201.6% over twelve months including dividends.
- **From 52-week high: -8.2%** (220.3% above the low). Trading 8% 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): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 1.06** (volatility 55%). Beta of 1.06 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.