GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forum Energy Technologies Inc (NYSE:FET) » Definitions » EV-to-EBIT

Forum Energy Technologies (Forum Energy Technologies) EV-to-EBIT

: 36.21 (As of Today)
View and export this data going back to 2012. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forum Energy Technologies's Enterprise Value is $379.6 Mil. Forum Energy Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $10.5 Mil. Therefore, Forum Energy Technologies's EV-to-EBIT for today is 36.21.

The historical rank and industry rank for Forum Energy Technologies's EV-to-EBIT or its related term are showing as below:

FET' s EV-to-EBIT Range Over the Past 10 Years
Min: -79.4   Med: -0.67   Max: 787.13
Current: 36.21

During the past 13 years, the highest EV-to-EBIT of Forum Energy Technologies was 787.13. The lowest was -79.40. And the median was -0.67.

FET's EV-to-EBIT is ranked worse than
92.93% of 735 companies
in the Oil & Gas industry
Industry Median: 8.47 vs FET: 36.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Forum Energy Technologies's Enterprise Value for the quarter that ended in Dec. 2023 was $372.0 Mil. Forum Energy Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $10.5 Mil. Forum Energy Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.82%.


Forum Energy Technologies EV-to-EBIT Historical Data

The historical data trend for Forum Energy Technologies's EV-to-EBIT can be seen below:

* 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.

* Premium members only.

Forum Energy Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.07 -3.48 -6.23 10.04 35.49

Forum Energy Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.04 9.43 16.42 27.42 35.49

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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-EBIT Distribution

For the Oil & Gas industry and Energy sector, Forum Energy Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Forum Energy Technologies's EV-to-EBIT falls into.



Forum Energy Technologies EV-to-EBIT Calculation

Forum Energy Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=379.551/10.483
=36.21

Forum Energy Technologies's current Enterprise Value is $379.6 Mil.
Forum Energy Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.5 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  (NYSE:FET) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Forum Energy Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=10.483/372.01681
=2.82 %

Forum Energy Technologies's Enterprise Value for the quarter that ended in Dec. 2023 was $372.0 Mil.
Forum Energy Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.5 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Forum Energy Technologies's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Forum Energy Technologies (Forum Energy Technologies) Business Description

Traded in Other Exchanges
Address
10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064
Forum Energy Technologies Inc is a global products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include highly engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in three reporting segments, namely drilling and downhole, completions, and production. Revenue largely comes from consumable products and activity-based equipment. Consumable products include valves, centrifugal pumps, mud pump fluid end components, rig sensors, inserts, and dies.
Executives
C Christopher Gaut director, officer: President, CEO & COB 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
John C Ivascu officer: SVP and General Counsel 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
Neal Lux officer: SVP Operations 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Katherine Campbell Keller officer: VP PAO 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Scf Partners, Inc. 10 percent owner, other: Member of Group 600 TRAVIS STE 6600, HOUSTON TX 77002
Rowsey Paul E Iii director CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Emily Reichert director 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Evelyn M Angelle director 10200 BELLAIRE BLVD., 2NE-12A, HOUSTON TX 77072
David C Baldwin director 11700 OLD KATY ROAD, SUITE 300, HOUSTON TX 77079
Andrew L Waite director
Michael Dewayne Danford officer: VP - Human Resources 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
John Mcelroy officer: Principal Accounting Officer 10344 SAM HOUSTON PARK DRIVE, HOUSTON TX 77064
Scf Gp Llc 10 percent owner 600 TRAVIS STREET, SUITE 6600, HOUSTON TX 77002
Prady Iyyanki officer: EVP & Chief Operating Officer 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
James Whelan Harris officer: SVP & CFO 920 MEMORIAL CITY WAY, STE. 800, HOUSTON TX 77024