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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 : 5/10

vs
industry
vs
history
Cash to Debt 0.33
NYSE:FET's Cash to Debt is ranked lower than
56% of the 248 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.44 vs. NYSE:FET: 0.33 )
Ranked among companies with meaningful Cash to Debt only.
NYSE:FET' s Cash to Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.16 Max: N/A
Current: 0.33
Equity to Asset 0.67
NYSE:FET's Equity to Asset is ranked higher than
69% of the 253 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.49 vs. NYSE:FET: 0.67 )
Ranked among companies with meaningful Equity to Asset only.
NYSE:FET' s Equity to Asset Range Over the Past 10 Years
Min: 0.4  Med: 0.62 Max: 0.67
Current: 0.67
0.4
0.67
F-Score: 4
Z-Score: 2.65
M-Score: -2.79
WACC vs ROIC
13.44%
-14.54%
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 : 4/10

vs
industry
vs
history
Operating margin (%) -45.98
NYSE:FET's Operating margin (%) is ranked lower than
77% of the 255 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -7.71 vs. NYSE:FET: -45.98 )
Ranked among companies with meaningful Operating margin (%) only.
NYSE:FET' s Operating margin (%) Range Over the Past 10 Years
Min: -45.98  Med: 13.74 Max: 17.02
Current: -45.98
-45.98
17.02
Net-margin (%) -36.62
NYSE:FET's Net-margin (%) is ranked lower than
70% of the 255 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -12.39 vs. NYSE:FET: -36.62 )
Ranked among companies with meaningful Net-margin (%) only.
NYSE:FET' s Net-margin (%) Range Over the Past 10 Years
Min: -36.62  Med: 8.27 Max: 10.7
Current: -36.62
-36.62
10.7
ROE (%) -18.49
NYSE:FET's ROE (%) is ranked lower than
66% of the 244 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -8.43 vs. NYSE:FET: -18.49 )
Ranked among companies with meaningful ROE (%) only.
NYSE:FET' s ROE (%) Range Over the Past 10 Years
Min: -18.49  Med: 10.4 Max: 16.71
Current: -18.49
-18.49
16.71
ROA (%) -12.36
NYSE:FET's ROA (%) is ranked lower than
68% of the 257 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -4.21 vs. NYSE:FET: -12.36 )
Ranked among companies with meaningful ROA (%) only.
NYSE:FET' s ROA (%) Range Over the Past 10 Years
Min: -12.36  Med: 6.38 Max: 8.65
Current: -12.36
-12.36
8.65
ROC (Joel Greenblatt) (%) -44.67
NYSE:FET's ROC (Joel Greenblatt) (%) is ranked lower than
84% of the 254 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -5.51 vs. NYSE:FET: -44.67 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
NYSE:FET' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -44.67  Med: 29.95 Max: 43.19
Current: -44.67
-44.67
43.19
Revenue Growth (3Y)(%) -9.80
NYSE:FET's Revenue Growth (3Y)(%) is ranked lower than
63% of the 228 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -4.70 vs. NYSE:FET: -9.80 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
NYSE:FET' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: -3.4 Max: 5.4
Current: -9.8
0
5.4
» NYSE:FET's 10-Y Financials

Financials


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

» Details

Guru Trades

Q4 2015

FET Guru Trades in Q4 2015

Barrow, Hanley, Mewhinney & Strauss 24,973 sh (New)
Chuck Royce 204,919 sh (+184.61%)
T Boone Pickens 417,930 sh (unchged)
Ron Baron Sold Out
Steven Cohen 125,000 sh (-26.47%)
» More
Q1 2016

FET Guru Trades in Q1 2016

Steven Cohen 568,800 sh (+355.04%)
Chuck Royce 313,719 sh (+53.09%)
T Boone Pickens 497,576 sh (+19.06%)
Barrow, Hanley, Mewhinney & Strauss Sold Out
» More
Q2 2016

FET Guru Trades in Q2 2016

Chuck Royce 313,719 sh (unchged)
Steven Cohen Sold Out
T Boone Pickens 487,743 sh (-1.98%)
» More
Q3 2016

FET Guru Trades in Q3 2016

Pioneer Investments 201,074 sh (New)
Ron Baron 74,900 sh (New)
Steven Cohen 447,800 sh (New)
Chuck Royce 313,719 sh (unchged)
T Boone Pickens 487,743 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with FET

(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:NYSE:FMSA, NYSE:MRC, NYSE:AMFW, NYSE:DRQ, AMEX:SYRG, NYSE:OIS, OTCPK:WYGPY, NYSE:MDR, NYSE:DNOW, NYSE:SPN, NYSE:OII, NYSE:PDS, NYSE:HLX, OTCPK:SECYF, NYSE:CKH, OTCPK:PSYTF, NYSE:USAC, NAS:APLP, NYSE:AROC, NYSE:FTK » details
Traded in other countries:1FE.Germany,
Forum Energy Technologies Inc is an oilfield products company serving the subsea, drilling, completion, production & process sectors of oil & natural gas industry. It designs, manufactures & distributes products & engages in aftermarket services.

Forum Energy Technologies Inc, a Delaware corporation incorporated in 2005. It's an oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. It design, manufacture and distribute products and engage in aftermarket services, parts supply and related services that complement its product offering. The Company's product offering includes a mix of engineered capital products and frequently replaced items that are used in the exploration, development, production and transportation of oil and natural gas. Its capital products are targeted at: drilling rig equipment for new rigs, upgrades and refurbishment projects; subsea construction and development projects; the placement of production equipment on new producing wells; and downstream capital projects. Its engineered systems are critical components used on drilling rigs or in the course of subsea operations, while its consumable products are used to maintain efficient and safe operations at well sites in the well construction process, within the supporting infrastructure and at processing centers and refineries. The Company operates two business segments, Drilling & Subsea and Production & Infrastructure. In Drilling & Subsea segment, it design and manufacture products and provide related services to the subsea construction, drilling, well construction, completion and intervention markets. Through this segment, it offers subsea technologies, including robotic vehicles and other capital equipment, specialty components and tooling, a broad suite of complementary subsea technical services and rental items, and applied products for subsea pipelines; drilling technologies, including capital equipment and a broad line of products consumed in the drilling and well intervention process; and downhole technologies, including cementing and casing tools, completion products, and a range of downhole protection solutions. In Production & Infrastructure segment, the Company design and manufacture products and provide related equipment and services to the well stimulation, completion, production and infrastructure markets. Through this segment, it supply flow equipment, including well stimulation consumable products and related recertification and refurbishment services; production equipment, including well site production equipment and process equipment; and valve solutions, which includes various industrial and process valves. The Company's brands include Perry and Sub-Atlantic (ROVs); Blohm + Voss Oil Tools, P-Quip, Dynacon (LARS and winches); and Davis-Lynch, Cannon and Merrimac (downhole products). Its competitors include Cameron International Corporation, Exterran Holdings, Inc., FMC Technologies, Inc. and Weir SPM, a subsidiary of The Weir Group PLC. The Company is subject to a number of federal and state laws and regulations, including the federal Occupational Safety and Health Act and comparable state statu

Ratios

vs
industry
vs
history
P/B 1.71
FET's P/B is ranked lower than
70% of the 284 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 1.01 vs. FET: 1.71 )
Ranked among companies with meaningful P/B only.
FET' s P/B Range Over the Past 10 Years
Min: 0.61  Med: 1.69 Max: 2.28
Current: 1.71
0.61
2.28
P/S 3.13
FET's P/S is ranked lower than
81% of the 294 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 1.00 vs. FET: 3.13 )
Ranked among companies with meaningful P/S only.
FET' s P/S Range Over the Past 10 Years
Min: 0.73  Med: 1.59 Max: 3.13
Current: 3.13
0.73
3.13
PFCF 30.71
FET's PFCF is ranked lower than
85% of the 147 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 8.98 vs. FET: 30.71 )
Ranked among companies with meaningful PFCF only.
FET' s PFCF Range Over the Past 10 Years
Min: 6.29  Med: 15.81 Max: 91.74
Current: 30.71
6.29
91.74
POCF 24.15
FET's POCF is ranked lower than
88% of the 201 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 6.08 vs. FET: 24.15 )
Ranked among companies with meaningful POCF only.
FET' s POCF Range Over the Past 10 Years
Min: 4.99  Med: 11.75 Max: 27.56
Current: 24.15
4.99
27.56
Current Ratio 5.23
FET's Current Ratio is ranked higher than
89% of the 250 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 1.75 vs. FET: 5.23 )
Ranked among companies with meaningful Current Ratio only.
FET' s Current Ratio Range Over the Past 10 Years
Min: 2.43  Med: 3.18 Max: 5.23
Current: 5.23
2.43
5.23
Quick Ratio 2.42
FET's Quick Ratio is ranked higher than
76% of the 250 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 1.47 vs. FET: 2.42 )
Ranked among companies with meaningful Quick Ratio only.
FET' s Quick Ratio Range Over the Past 10 Years
Min: 1.13  Med: 1.54 Max: 2.42
Current: 2.42
1.13
2.42
Days Inventory 268.34
FET's Days Inventory is ranked lower than
89% of the 201 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 56.96 vs. FET: 268.34 )
Ranked among companies with meaningful Days Inventory only.
FET' s Days Inventory Range Over the Past 10 Years
Min: 117.22  Med: 139.56 Max: 268.34
Current: 268.34
117.22
268.34
Days Sales Outstanding 57.48
FET's Days Sales Outstanding is ranked higher than
66% of the 214 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 69.97 vs. FET: 57.48 )
Ranked among companies with meaningful Days Sales Outstanding only.
FET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.12  Med: 59.06 Max: 73.99
Current: 57.48
47.12
73.99
Days Payable 38.89
FET's Days Payable is ranked lower than
55% of the 145 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 47.18 vs. FET: 38.89 )
Ranked among companies with meaningful Days Payable only.
FET' s Days Payable Range Over the Past 10 Years
Min: 34.58  Med: 37.96 Max: 46.55
Current: 38.89
34.58
46.55

Buy Back

vs
industry
vs
history
Yield on cost (5-Year) 3.70
FET's Yield on cost (5-Year) is ranked lower than
62% of the 296 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 4.73 vs. FET: 3.70 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
FET' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0
Current: 3.7
3-Year Average Share Buyback Ratio -2.40
FET's 3-Year Average Share Buyback Ratio is ranked lower than
51% of the 179 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -2.20 vs. FET: -2.40 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FET' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -18  Med: -6.2 Max: 0
Current: -2.4
-18
0

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 29.80
FET's Price/Net Current Asset Value is ranked lower than
92% of the 115 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 3.59 vs. FET: 29.80 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
FET' s Price/Net Current Asset Value Range Over the Past 10 Years
Min: 10.44  Med: 24.64 Max: 123.92
Current: 29.8
10.44
123.92
Price/Tangible Book 6.92
FET's Price/Tangible Book is ranked lower than
88% of the 271 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 1.21 vs. FET: 6.92 )
Ranked among companies with meaningful Price/Tangible Book only.
FET' s Price/Tangible Book Range Over the Past 10 Years
Min: 2.95  Med: 7.27 Max: 13.59
Current: 6.92
2.95
13.59
Price/Projected FCF 1.03
FET's Price/Projected FCF is ranked lower than
51% of the 120 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.97 vs. FET: 1.03 )
Ranked among companies with meaningful Price/Projected FCF only.
FET' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.59  Med: 0.7 Max: 1.03
Current: 1.03
0.59
1.03
Price/Median PS Value 1.99
FET's Price/Median PS Value is ranked lower than
90% of the 268 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 0.96 vs. FET: 1.99 )
Ranked among companies with meaningful Price/Median PS Value only.
FET' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.55  Med: 1.01 Max: 1.99
Current: 1.99
0.55
1.99
Earnings Yield (Greenblatt) (%) -12.10
FET's Earnings Yield (Greenblatt) (%) is ranked lower than
68% of the 297 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -2.20 vs. FET: -12.10 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
FET' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -12.1  Med: 8.7 Max: 15
Current: -12.1
-12.1
15

More Statistics

Revenue (TTM) (Mil) $636.6
EPS (TTM) $ -2.58
Beta1.68
Short Percentage of Float28.76%
52-Week Range $8.47 - 22.85
Shares Outstanding (Mil)91.35

Analyst Estimate

Dec16 Dec17 Dec18 Dec19
Revenue (Mil $) 587 700 943 1,245
EPS ($) -0.78 -0.28 0.61 1.10
EPS w/o NRI ($) -0.78 -0.28 0.61 1.10
EPS Growth Rate
(3Y to 5Y Estimate)
22.90%
Dividends Per Share ($)
» More Articles for NYSE:FET

Headlines

Articles On GuruFocus.com
Baron Energy and Resources Fund Comments on Forum Energy Technologies Nov 21 2016 
Restructured National Oilwell Is a Good Value Investment Aug 29 2014 
Baron Funds Comments on Forum Energy Technologies Inc. Dec 10 2013 
Weekly CFO Sells Highlight: PFPT, VRSK, FET, DSW, MGLN Jul 14 2013 
Baron Funds Comments on Forum Energy Technologies Aug 23 2012 

More From Other Websites
ETFs with exposure to Forum Energy Technologies, Inc. : November 30, 2016 Nov 30 2016
Forum Energy Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FET-US :... Nov 29 2016
Baron Energy and Resources Fund Comments on Forum Energy Technologies Nov 21 2016
Baron Energy and Resources Fund 3rd Quarter Commentary Nov 21 2016
ETFs with exposure to Forum Energy Technologies, Inc. : November 16, 2016 Nov 16 2016
Forum Energy Technologies, Inc. :FET-US: Earnings Analysis: Q3, 2016 By the Numbers : November 15,... Nov 15 2016
Forum Energy Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FET-US :... Nov 15 2016
FORUM ENERGY TECHNOLOGIES, INC. Financials Nov 09 2016
FORUM ENERGY TECHNOLOGIES, INC. Files SEC form 10-Q, Quarterly Report Nov 02 2016
Forum Energy Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FET-US :... Oct 31 2016
Edited Transcript of FET earnings conference call or presentation 28-Oct-16 2:00pm GMT Oct 28 2016
Forum Energy Technologies Inc Earnings Call scheduled for 10:00 am ET today Oct 28 2016
FORUM ENERGY TECHNOLOGIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition Oct 28 2016
Forum Energy reports 3Q loss Oct 27 2016
Forum Energy reports 3Q loss Oct 27 2016
Forum Energy Technologies Announces Third Quarter 2016 Results Oct 27 2016
Forum Energy Q3 Earnings Preview (FET) Oct 27 2016
Q3 2016 Forum Energy Technologies Inc Earnings Release - After Market Close Oct 27 2016
Forum Energy Tech. downgraded by Cowen Oct 14 2016
Real Estate: Expect Some Choppy Waters Ahead Oct 05 2016

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