Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forum Energy Technologies's enterprise value is $1,120.7 Mil.
Forum Energy Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $69.2 Mil. Therefore, Forum Energy Technologies's EV-to-EBITDA for today is 16.18.
The historical rank and industry rank for Forum Energy Technologies's EV-to-EBITDA or its related term are showing as below:
FET'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -65.31 Med: -0.8 Max: 61.67
Current: 16.18
During the past 13 years, the highest EV-to-EBITDA of Forum Energy Technologies was 61.67. The lowest was -65.31. And the median was -0.80.
FET's EV-to-EBITDA is ranked worse than 83.07% of 768
companies
in the Oil & Gas industry
Industry Median: 7.45
vs FET: 16.18
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Forum Energy Technologies (NYSE:FET) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Forum Energy Technologies's PE Ratio (TTM) for today is calculated as:
Forum Energy Technologies's share price for today is $82.42.
Forum Energy Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.150.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Forum Energy Technologies EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Forum Energy Technologies's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Forum Energy Technologies's EV-to-EBITDA falls into.
Forum Energy Technologies's current Enterprise Value is $1,120.7 Mil.
Forum Energy Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $69.2 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Forum Energy Technologies (FET) has a EV-to-EBITDA of 16.18 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forum Energy Technologies. According to the industry distribution chart, Forum Energy Technologies ranks #638 out of 768 companies in the Oil & Gas industry, placing it in the top 83.1%.
Is Forum Energy Technologies' EV-to-EBITDA too high?
Forum Energy Technologies' current EV-to-EBITDA is 16.18. The Oil & Gas industry median EV-to-EBITDA is 7.45. Forum Energy Technologies' value of 16.18 is 117.2% above this industry median. Based on the distribution chart, Forum Energy Technologies ranks #638 out of 768 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Forum Energy Technologies has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forum Energy Technologies' EV-to-EBITDA compare to EROK and ACDC?
According to the Oil & Gas industry distribution chart, Forum Energy Technologies ranks #638 out of 768 companies for EV-to-EBITDA. This places Forum Energy Technologies in the lower half of its industry. The industry median EV-to-EBITDA is 7.45. Forum Energy Technologies' value of 16.18 is 117.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.45, based on 768 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forum Energy Technologies's current EV-to-EBITDA of 16.18 is 117.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forum Energy Technologies. For the Oil & Gas industry, the median EV-to-EBITDA is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Energy Technologies's current EV-to-EBITDA is 16.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Energy Technologies stock overvalued right now?
Based on GuruFocus' analysis, Forum Energy Technologies (FET) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.77, compared to a current price of $82.42 — trading 316.9% above its estimated fair value. The current EV-to-EBITDA is 16.18 and 117.2% above the Oil & Gas industry median of 7.45. Forum Energy Technologies' overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Forum Energy Technologies (FET), the current EV-to-EBITDA is 16.18 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forum Energy Technologies (FET) Overvalued in 2026?
Based on GuruFocus' analysis, Forum Energy Technologies stock appears to be overvalued.
The current stock price of $82.42 is trading 316.9% above its estimated GF Value™ of $19.77.
GuruFocus considers Forum Energy Technologies to be Significantly Overvalued.
Key valuation signals for FET:
EV-to-EBITDA: 16.18
GF Value™: $19.77 vs. price of $82.42 (316.9% above fair value)
Industry Position: 117.2% above the Oil & Gas median (#638 of 768)
No single metric tells the full story. See the FET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.
47GF Score
Get the complete analysis for FET
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FET has been successfully added to your 
