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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.26
FES's Cash to Debt is ranked lower than
61% of the 254 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.45 vs. FES: 0.26 )
Ranked among companies with meaningful Cash to Debt only.
FES' s Cash to Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.11 Max: N/A
Current: 0.26
Equity to Asset 0.11
FES's Equity to Asset is ranked lower than
92% of the 258 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.49 vs. FES: 0.11 )
Ranked among companies with meaningful Equity to Asset only.
FES' s Equity to Asset Range Over the Past 10 Years
Min: 0.11  Med: 0.26 Max: 0.4
Current: 0.11
0.11
0.4
F-Score: 2
Z-Score: -0.33
M-Score: -4.29
WACC vs ROIC
6.94%
-14.13%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating margin (%) -27.54
FES's Operating margin (%) is ranked lower than
75% of the 259 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -3.34 vs. FES: -27.54 )
Ranked among companies with meaningful Operating margin (%) only.
FES' s Operating margin (%) Range Over the Past 10 Years
Min: -14.31  Med: 5.43 Max: 28.04
Current: -27.54
-14.31
28.04
Net-margin (%) -34.48
FES's Net-margin (%) is ranked lower than
75% of the 259 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -7.58 vs. FES: -34.48 )
Ranked among companies with meaningful Net-margin (%) only.
FES' s Net-margin (%) Range Over the Past 10 Years
Min: -18.87  Med: -2.95 Max: 24.32
Current: -34.48
-18.87
24.32
ROE (%) -82.12
FES's ROE (%) is ranked lower than
94% of the 251 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -6.67 vs. FES: -82.12 )
Ranked among companies with meaningful ROE (%) only.
FES' s ROE (%) Range Over the Past 10 Years
Min: -51.69  Med: -9.13 Max: 83.18
Current: -82.12
-51.69
83.18
ROA (%) -15.26
FES's ROA (%) is ranked lower than
77% of the 261 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -3.06 vs. FES: -15.26 )
Ranked among companies with meaningful ROA (%) only.
FES' s ROA (%) Range Over the Past 10 Years
Min: -10.28  Med: -2.48 Max: 25.11
Current: -15.26
-10.28
25.11
ROC (Joel Greenblatt) (%) -17.07
FES's ROC (Joel Greenblatt) (%) is ranked lower than
68% of the 260 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -2.07 vs. FES: -17.07 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
FES' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -10.35  Med: 3.65 Max: 36.17
Current: -17.07
-10.35
36.17
Revenue Growth (3Y)(%) -20.70
FES's Revenue Growth (3Y)(%) is ranked lower than
83% of the 235 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -4.90 vs. FES: -20.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
FES' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: -12.20 Max: 17.1
Current: -20.7
0
17.1
EBITDA Growth (3Y)(%) -38.60
FES's EBITDA Growth (3Y)(%) is ranked lower than
86% of the 166 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -9.70 vs. FES: -38.60 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
FES' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: -35.10 Max: 72.8
Current: -38.6
0
72.8
» FES's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-08-12)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q2 2015

FES Guru Trades in Q2 2015

Jim Simons 236,000 sh (+13.52%)
» More
Q3 2015

FES Guru Trades in Q3 2015

Jim Simons 252,200 sh (+6.86%)
» More
Q4 2015

FES Guru Trades in Q4 2015

Jim Simons 283,300 sh (+12.33%)
» More
Q1 2016

FES Guru Trades in Q1 2016

Jim Simons 329,700 sh (+16.38%)
» More
» Details

Insider Trades

Latest Guru Trades with FES

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Oil & Gas - Services » Oil & Gas Equipment & Services
Compare:OTCPK:GLFH, OTCPK:BRYFF, NAS:SAEX, OTCPK:FSNR, OTCPK:LUPAQ, OTCPK:SSEIQ, OTCPK:HNWEF, OTCPK:FOSI, NAS:RCON, OTCBB:CSSV, OTCPK:TIRTZ, OTCPK:CTBG, OTCPK:HYKCF, OTCPK:SVVDF, OTCPK:HELIQ, OTCPK:ALYE, NAS:GLRI, NAS:MARPS, OTCPK:TXLZF, OTCPK:RGTZF » details
Traded in other countries:FEU.Germany,
Forbes Energy Services Ltd is an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas.

Forbes Energy Services Ltd was organized as a Bermuda exempt company on April 9, 2008 to be the holding company for FES LLC and its subsidiaries. The Company is an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Its operations are concentrated in the onshore oil and natural gas producing regions of Texas, with additional locations in Mississippi, in Pennsylvania. It currently provides a range of services to a diverse group of companies. Its blue-chip customer base includes Anadarko Petroleum Corporation, Chesapeake Energy Corporation, ConocoPhillips Company, Rosetta Resources, Inc., and Shell Oil Company, among others. The Company's business segments are Well Servicing and Fluid Logistics. The well servicing segment utilized its fleet of well servicing rigs, which was comprised of 159 workover rigs and 14 swabbing rigs, six coiled tubing spreads, and related assets and equipment. These assets are used to provide well maintenance, including remedial repairs and removal and replacement of downhole production equipment, well workovers, including downhole repairs, re-completions and re-perforations, completion and swabbing activities, plugging and abandonment services, and testing of oil and natural gas production tubing. The fluid logistics segment utilized its fleet of owned or leased fluid transport trucks and related assets, including specialized vacuum, high-pressure pump and tank trucks, frac tanks, water wells, salt water disposal wells and facilities, and related equipment. These assets are used to provide, transport, store, and dispose of a variety of drilling and produced fluids used in, and generated by, oil and natural gas production. These services are required in workover and completion projects and are routinely used in daily operations of producing wells. The Company's sales and marketing functions are performed at two levels: field level and at corporate level. In field level the Company markets and sales its products through its operations personnel and through sales representatives and executives at the corporate level. The Company competes with small regional service providers as well as larger companies with operations throughout the continental United States and internationally. It competes with Basic Energy Services, Inc., Superior Energy Services, Inc., Heckman Corporation, Key Energy Services, Inc., Nabors Industries Ltd., and Stallion Oilfield Services, Ltd.

Ratios

vs
industry
vs
history
P/B 0.10
FES's P/B is ranked higher than
94% of the 250 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.82 vs. FES: 0.10 )
Ranked among companies with meaningful P/B only.
FES' s P/B Range Over the Past 10 Years
Min: 0.07  Med: 0.57 Max: 1.55
Current: 0.1
0.07
1.55
P/S 0.02
FES's P/S is ranked higher than
98% of the 255 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.80 vs. FES: 0.02 )
Ranked among companies with meaningful P/S only.
FES' s P/S Range Over the Past 10 Years
Min: 0.02  Med: 0.18 Max: 0.53
Current: 0.02
0.02
0.53
PFCF 0.35
FES's PFCF is ranked higher than
94% of the 125 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 7.86 vs. FES: 0.35 )
Ranked among companies with meaningful PFCF only.
FES' s PFCF Range Over the Past 10 Years
Min: 0.18  Med: 2.54 Max: 22.73
Current: 0.35
0.18
22.73
POCF 0.19
FES's POCF is ranked higher than
95% of the 181 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 4.93 vs. FES: 0.19 )
Ranked among companies with meaningful POCF only.
FES' s POCF Range Over the Past 10 Years
Min: 0.13  Med: 1.18 Max: 32.67
Current: 0.19
0.13
32.67
EV-to-EBITDA 126.91
FES's EV-to-EBITDA is ranked lower than
97% of the 164 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 8.81 vs. FES: 126.91 )
Ranked among companies with meaningful EV-to-EBITDA only.
FES' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.3  Med: 5.30 Max: 130.7
Current: 126.91
3.3
130.7
Current Ratio 2.04
FES's Current Ratio is ranked higher than
58% of the 255 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 1.83 vs. FES: 2.04 )
Ranked among companies with meaningful Current Ratio only.
FES' s Current Ratio Range Over the Past 10 Years
Min: 0.65  Med: 2.21 Max: 3.12
Current: 2.04
0.65
3.12
Quick Ratio 2.04
FES's Quick Ratio is ranked higher than
70% of the 255 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 1.53 vs. FES: 2.04 )
Ranked among companies with meaningful Quick Ratio only.
FES' s Quick Ratio Range Over the Past 10 Years
Min: 0.65  Med: 2.21 Max: 3.12
Current: 2.04
0.65
3.12
Days Sales Outstanding 37.35
FES's Days Sales Outstanding is ranked higher than
87% of the 226 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 65.46 vs. FES: 37.35 )
Ranked among companies with meaningful Days Sales Outstanding only.
FES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.42  Med: 71.99 Max: 112.11
Current: 37.35
41.42
112.11
Days Payable 16.42
FES's Days Payable is ranked lower than
88% of the 173 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 40.43 vs. FES: 16.42 )
Ranked among companies with meaningful Days Payable only.
FES' s Days Payable Range Over the Past 10 Years
Min: 17.06  Med: 41.54 Max: 195.65
Current: 16.42
17.06
195.65

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.18
FES's Price/Tangible Book is ranked higher than
91% of the 235 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.97 vs. FES: 0.18 )
Ranked among companies with meaningful Price/Tangible Book only.
FES' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.13  Med: 0.77 Max: 1.66
Current: 0.18
0.13
1.66
Price/Median PS Value 0.13
FES's Price/Median PS Value is ranked higher than
93% of the 243 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.72 vs. FES: 0.13 )
Ranked among companies with meaningful Price/Median PS Value only.
FES' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.15  Med: 1.04 Max: 1.76
Current: 0.13
0.15
1.76
Earnings Yield (Greenblatt) (%) -22.97
FES's Earnings Yield (Greenblatt) (%) is ranked lower than
76% of the 262 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -1.10 vs. FES: -22.97 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
FES' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -23.02  Med: 4.20 Max: 15.4
Current: -22.97
-23.02
15.4
Forward Rate of Return (Yacktman) (%) -172.67
FES's Forward Rate of Return (Yacktman) (%) is ranked lower than
93% of the 139 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -0.99 vs. FES: -172.67 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
FES' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -191.5  Med: -28.30 Max: 14.1
Current: -172.67
-191.5
14.1

More Statistics

Revenue (TTM) (Mil) $191.7
EPS (TTM) $ -3.02
Beta2.46
Short Percentage of Float0.63%
52-Week Range $0.17 - 1.44
Shares Outstanding (Mil)22.21

Analyst Estimate

Dec16 Dec17
Revenue (Mil $) 123 164
EPS ($) -3.77 -2.84
EPS w/o NRI ($) -3.77 -2.84
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
» More Articles for NAS:FES

Headlines

Articles On GuruFocus.com
Weekly CEO Buys Highlight: WINA, ANGO, FES, LTS, TBOW Apr 15 2012 

More From Other Websites
FORBES ENERGY SERVICES LTD. Files SEC form 8-K, Other Events Jun 16 2016
FORBES ENERGY SERVICES LTD. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders Jun 15 2016
Forbes Energy Services Ltd. :FES-US: Earnings Analysis: Q1, 2016 By the Numbers : June 1, 2016 Jun 01 2016
Forbes Energy Services Hires Advisors to Explore Strategic Alternatives Related to Its Capital... May 31 2016
Forbes Energy Services Hires Advisors to Explore Strategic Alternatives Related to Its Capital... May 31 2016
FORBES ENERGY SERVICES LTD. Financials May 21 2016
Edited Transcript of FES earnings conference call or presentation 16-May-16 1:30pm GMT May 20 2016
FORBES ENERGY SERVICES LTD. Files SEC form 8-K, Results of Operations and Financial Condition,... May 18 2016
FORBES ENERGY SERVICES LTD. Files SEC form 10-Q, Quarterly Report May 16 2016
Q1 2016 Forbes Energy Services Ltd Earnings Release - Before Market Open May 16 2016
Forbes Energy Services Reports 2016 First Quarter Financial Results May 16 2016
Forbes Energy Services Reports 2016 First Quarter Financial Results May 16 2016
Forbes Energy Services Schedules Conference Call to Discuss First Quarter 2016 Financial Results May 10 2016
Forbes Energy Services Schedules Conference Call to Discuss First Quarter 2016 Financial Results May 10 2016
Forbes Energy Services Ltd. -- Moody's downgrades Forbes Energy to Caa2; stable outlook Apr 04 2016
FORBES ENERGY SERVICES LTD. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a... Apr 01 2016
FORBES ENERGY SERVICES LTD. Files SEC form 8-K, Results of Operations and Financial Condition,... Mar 30 2016
Earnings Recap For March 28 Mar 28 2016
Edited Transcript of FES earnings conference call or presentation 28-Mar-16 1:30pm GMT Mar 28 2016
Forbes Energy Services Reports 2015 Fourth Quarter and Full Year Financial Results Mar 28 2016

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