Forum Energy Technologies's quarterly market cap
declined
from Mar. 2024 ($245.4 Mil) to Jun. 2024 ($207.1 Mil) and
declined
from Jun. 2024 ($207.1 Mil) to Sep. 2024 ($189.9 Mil).
Forum Energy Technologies's annual market cap
increased
from Dec. 2021 ($90.4 Mil) to Dec. 2022 ($166.8 Mil) and
increased
from Dec. 2022 ($166.8 Mil) to Dec. 2023 ($226.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Forum Energy Technologies's Enterprise Value for Today is $449.8 Mil.
Forum Energy Technologies Market Cap 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.
Competitive Comparison of Forum Energy Technologies's Market Cap
For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Forum Energy Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Forum Energy Technologies's Market Cap falls into.
Forum Energy Technologies Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Forum Energy Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Forum Energy Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Forum Energy Technologies Inc is a 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 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 which is also its key revenue generating segment, 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 among others.
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