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Forum Energy TechnologiesFET -1.50%48 Equity-to-Asset is 0.38 as of Jun. 2026, which is 16% below its 10-year median of 0.45. GuruFocus rates FET with a GF Score™ of 48/100 and a GF Value™ of $19.82 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,034 Oil & Gas companies, Forum Energy Technologies ranks worse than 63.44% on this metric.
Forum Energy Technologies (NYSE:FET) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Forum Energy Technologies Equity-to-Asset Related Terms
Forum Energy Technologies Equity-to-Asset Historical Data
* 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.
FET vs EROK, ACDC, CLB: Equity-to-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Forum Energy Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Forum Energy Technologies's Equity-to-Asset falls into.
Forum Energy Technologies Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Forum Energy Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.38 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Forum Energy Technologies and its competitors. This is 16% below median its historical median of 0.45. Over the past decade, Forum Energy Technologies' Equity-to-Asset has ranged from 0.37 to 0.67. According to the industry distribution chart, Forum Energy Technologies ranks #656 out of 1034 companies in the Oil & Gas industry, placing it in the top 63.4%.
Is Forum Energy Technologies' Equity-to-Asset too high?
Forum Energy Technologies' current Equity-to-Asset of 0.38 is 16% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.67. The Oil & Gas industry median Equity-to-Asset is 0.50. Forum Energy Technologies' value of 0.38 is 23.2% below this industry median. Based on the distribution chart, Forum Energy Technologies ranks #656 out of 1034 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Forum Energy Technologies has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forum Energy Technologies' Equity-to-Asset compare to EROK and ACDC?
According to the Oil & Gas industry distribution chart, Forum Energy Technologies ranks #656 out of 1034 companies for Equity-to-Asset. This places Forum Energy Technologies in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Forum Energy Technologies' value of 0.38 is 23.2% below this benchmark. Historically, Forum Energy Technologies' own Equity-to-Asset has ranged from 0.37 to 0.67 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.50, Forum Energy Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forum Energy Technologies's current Equity-to-Asset of 0.38 is 23.2% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Forum Energy Technologies and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Energy Technologies's current Equity-to-Asset is 0.38, which is 16% below median its own 10-year median of 0.45. 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 $19.82, compared to a current price of $77.42 — trading 290.6% above its estimated fair value. The current Equity-to-Asset is 0.38, which is 16% below median its 10-year median of 0.45 and 23.2% below the Oil & Gas industry median of 0.50. Forum Energy Technologies' overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Forum Energy Technologies (FET), the current Equity-to-Asset is 0.38 as of Jun. 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 $77.42 is trading 290.6% above its estimated GF Value™ of $19.82.
GuruFocus considers Forum Energy Technologies to be Significantly Overvalued.
Key valuation signals for FET:
Equity-to-Asset: 0.38 (16% below median its 10-year median of 0.45)
GF Value™: $19.82 vs. price of $77.42 (290.6% above fair value)
Industry Position: 23.2% below the Oil & Gas median (#656 of 1034)
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.
48GF Score
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