Forum Financial Statements From 2010 to 2022

FET
 Stock
  

USD 19.31  0.31  1.58%   

Forum Energy financial statements provide useful quarterly and yearly information to potential Forum Energy Technologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Forum Energy financial statements helps investors assess Forum Energy's valuation, profitability, and current liquidity needs.
There are currently one hundred eleven fundamental signals for Forum Energy Technologies that can be evaluated and compared over time across rivals. Make sure you verify Forum Energy's prevailing fundamentals against the performance from 2010 to 2022 and make sure the trends continue to evolve in the right direction.
Forum Energy Working Capital is comparatively stable at the moment as compared to the past year. Forum Energy reported Working Capital of 271.08 Million in 2021.
  
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Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum main balance sheet or income statement drivers, such as Direct Expenses of 647.8 M, Cost of Revenue of 539 M or Gross Profit of 180.7 M, as well as many exotic indicators such as Interest Coverage of 8.19, Long Term Debt to Equity of 0.59 or Calculated Tax Rate of 39.14. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules. It can also supplement various Forum Energy Technical models. Please check the analysis of Forum Energy Correlation against competitors.

Forum Energy Revenues

719.67 Million

Share

Forum Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.1 B791.3 M1.6 B
Decreasing
Slightly volatile
Cash and Equivalents72.9 M46.9 M77.8 M
Increasing
Stable
Investments44.2 M40.5 M51.7 M
Decreasing
Slightly volatile
Investments Non Current44.2 M40.5 M51.7 M
Decreasing
Slightly volatile
Deferred Revenue16.8 M17 M18.5 M
Decreasing
Slightly volatile
Property Plant and Equipment Net132.9 M119.4 M160.6 M
Increasing
Very volatile
Inventory290.9 M241.7 M376.2 M
Decreasing
Slightly volatile
Tax Assets208.3 K203 K11.9 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables152.3 M134.4 M194.1 M
Decreasing
Slightly volatile
Trade and Non Trade Payables94.4 M99.4 M99.4 M
Decreasing
Very volatile
Goodwill and Intangible Assets223.1 M217.4 M736.2 M
Decreasing
Slightly volatile
Total Liabilities540.8 M462.2 M712.7 M
Decreasing
Slightly volatile
Shareholders Equity337.8 M329.1 M899 M
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit(702.3 M)(684.3 M)92.1 M
Decreasing
Slightly volatile
Accumulated Other Comprehensive Income(109 M)(101 M)(69.1 M)
Decreasing
Slightly volatile
Current Assets530.8 M446.7 M682.6 M
Decreasing
Slightly volatile
Assets Non Current353.7 M344.6 M929.9 M
Decreasing
Slightly volatile
Current Liabilities179.5 M175.7 M208.3 M
Decreasing
Slightly volatile
Liabilities Non Current361.3 M286.6 M504.4 M
Decreasing
Slightly volatile
Tax Liabilities855.9 K834 K34.9 M
Decreasing
Slightly volatile
Total Debt328.6 M268 M453.5 M
Decreasing
Slightly volatile
Debt Current882.6 K860 K3.1 M
Decreasing
Slightly volatile
Debt Non Current326.8 M267.1 M450.3 M
Decreasing
Slightly volatile
Shareholders Equity USD337.8 M329.1 M899 M
Decreasing
Slightly volatile
Cash and Equivalents USD72.9 M46.9 M77.8 M
Increasing
Stable
Total Debt USD328.6 M268 M453.5 M
Decreasing
Slightly volatile
Accounts Payable93.1 M99.4 M96.6 M
Increasing
Very volatile
Receivables179.4 M134.4 M187 M
Decreasing
Slightly volatile
Inventories341.9 M241.7 M368.5 M
Decreasing
Very volatile

Forum Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues719.7 M541.1 MB
Decreasing
Slightly volatile
Cost of Revenue539 M417.7 M741.7 M
Decreasing
Slightly volatile
Selling General and Administrative Expense190.1 M168.9 M232.5 M
Decreasing
Stable
Operating Expenses172.3 M167.8 M320.3 M
Increasing
Stable
Interest Expense32.4 M32 M26.7 M
Increasing
Slightly volatile
Income Tax Expense658.9 K642 K14.9 M
Decreasing
Slightly volatile
Consolidated Income(89.2 M)(82.7 M)(63.7 M)
Decreasing
Slightly volatile
Net Income to Non Controlling Interests42.4 K27 K64.7 K
Decreasing
Slightly volatile
Net Income(89.2 M)(82.7 M)(63.7 M)
Decreasing
Slightly volatile
Net Income Common Stock(89.2 M)(82.7 M)(63.7 M)
Decreasing
Slightly volatile
Weighted Average Shares5.7 M5.6 M4.7 M
Increasing
Slightly volatile
Weighted Average Shares Diluted5.8 M5.6 M4.8 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT(53.9 M)(50 M)(22 M)
Decreasing
Slightly volatile
Revenues USD719.7 M541.1 MB
Decreasing
Slightly volatile
Net Income Common Stock USD(89.2 M)(82.7 M)(63.7 M)
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD(53.9 M)(50 M)(22 M)
Decreasing
Slightly volatile
Gross Profit180.7 M123.3 M274.5 M
Decreasing
Slightly volatile
Operating Income(48 M)(44.5 M)(50.1 M)
Decreasing
Slightly volatile
Direct Expenses647.8 M417.7 M732.1 M
Decreasing
Slightly volatile

Forum Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital ExpenditureM4.6 M(26.6 M)
Increasing
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(5.1 M)(4.7 M)(117.5 M)
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals9.6 M9.7 M10.6 M
Decreasing
Slightly volatile
Net Cash Flow from Financing(78.2 M)(76.2 M)65.3 M
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (75.2 M)(73.2 M)35.5 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(1.5 M)(1.4 M)32.8 M
Decreasing
Slightly volatile
Net Cash Flow from Investing11.5 M10.7 M(142.4 M)
Increasing
Slightly volatile
Net Cash Flow from Operations(16.2 M)(15.8 M)73.6 M
Decreasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (473.7 K)(439 K)(842 K)
Decreasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents(83.9 M)(81.8 M)(4.4 M)
Decreasing
Slightly volatile
Share Based Compensation7.8 M7.6 M13.8 M
Increasing
Very volatile
Depreciation Amortization and Accretion56 M42.2 M56.8 M
Increasing
Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share(15.81)(14.65)(8.695)
Decreasing
Slightly volatile
Earnings per Diluted Share(15.81)(14.65)(9.4027)
Decreasing
Slightly volatile
Earnings per Basic Share USD(15.81)(14.65)(8.695)
Decreasing
Slightly volatile
Return on Average Equity(0.24)(0.233)(0.094)
Decreasing
Slightly volatile
Return on Average Assets(0.1)(0.102)(0.0467)
Decreasing
Slightly volatile
Return on Invested Capital(0.0801)(0.078)(0.0159)
Decreasing
Slightly volatile
Gross Margin0.220.2280.244
Decreasing
Slightly volatile
Profit Margin(0.16)(0.153)(0.1014)
Decreasing
Slightly volatile
EBITDA Margin(0.0151)(0.014)7.0E-4
Decreasing
Slightly volatile
Return on Sales(0.0993)(0.092)(0.0631)
Decreasing
Slightly volatile
Asset Turnover0.610.6680.6447
Decreasing
Slightly volatile
Enterprise Value over EBITDA(40.62)(39.582)(6.6143)
Decreasing
Slightly volatile
Enterprise Value over EBIT(6.47)(6.0)(5.4211)
Decreasing
Slightly volatile
Price to Earnings Ratio(1.18)(1.096)0.4504
Decreasing
Slightly volatile
Sales per Share14795.883232
Decreasing
Slightly volatile
Price to Sales Ratio0.170.1671.1081
Decreasing
Slightly volatile
Price to Book Value0.280.2771.0896
Decreasing
Slightly volatile
Debt to Equity Ratio1.241.4040.9462
Increasing
Stable
Current Ratio3.382.5433.4374
Increasing
Stable
Free Cash Flow per Share(2.03)(1.979)10.4161
Decreasing
Slightly volatile
Book Value per Share59.8658.325200
Decreasing
Slightly volatile
Tangible Assets Book Value per Share136102195
Decreasing
Slightly volatile
Total Assets Per Share144140337
Decreasing
Slightly volatile
Cash Flow Per Share(2.87)(2.8001)17.6717
Decreasing
Slightly volatile
Return on Investment(7.78)(7.2106)(4.6518)
Decreasing
Slightly volatile
Operating Margin(9.08)(8.4176)(10.6816)
Decreasing
Slightly volatile
Calculated Tax Rate39.1436.0533.6526
Decreasing
Stable
Receivables Turnover5.544.80435.3151
Decreasing
Slightly volatile
Inventory Turnover2.041.6932.0703
Decreasing
Slightly volatile
PPandE Turnover6.615.21086.9663
Decreasing
Slightly volatile
Cash and Equivalents Turnover6.336.166922.5259
Decreasing
Slightly volatile
Accounts Payable Turnover9.977.425610.7029
Decreasing
Slightly volatile
Accrued Expenses Turnover11.468.587212.8774
Decreasing
Slightly volatile
Interest Coverage8.197.378.5166
Decreasing
Stable
Long Term Debt to Equity0.590.7060.5252
Increasing
Stable
Quick Ratio1.080.98851.3211
Increasing
Very volatile
Net Current Assets as percentage of Total Assets30.7934.255630.3497
Increasing
Slightly volatile
Revenue to Assets0.740.68370.6551
Decreasing
Stable

Forum Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax(88.5 M)(82 M)(48.8 M)
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(8 M)(7.8 M)34.1 M
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD(8 M)(7.8 M)34.1 M
Decreasing
Slightly volatile
Market Capitalization93.6 M91.2 M1.3 B
Decreasing
Slightly volatile
Enterprise Value317.8 M309.7 M1.6 B
Decreasing
Slightly volatile
Invested Capital772.8 M619.4 MB
Decreasing
Slightly volatile
Average Equity363.9 M354.6 M913.6 M
Decreasing
Slightly volatile
Average Assets1.1 B809.9 M1.6 B
Decreasing
Slightly volatile
Invested Capital Average783.1 M643.5 MB
Decreasing
Stable
Tangible Asset Value683.5 M573.9 M878 M
Decreasing
Slightly volatile
Free Cash Flow(11.5 M)(11.2 M)47 M
Decreasing
Slightly volatile
Working Capital351.3 M271.1 M474.3 M
Decreasing
Stable
Revenue Per Employee428.6 K386.5 K389.6 K
Increasing
Very volatile
Net Income Per Employee(63.7 K)(59 K)(39.5 K)
Decreasing
Slightly volatile

Forum Fundamental Market Drivers

Short Percent Of Float8.04%
Forward Price Earnings-11.66
Shares Short Prior Month367.65k
Average Daily Volume Last 10 Day37.06k
Average Daily Volume In Three Month32.72k
Date Short Interest29th of April 2022
Fifty Day Average22.35
Two Hundred Day Average20.77

Forum Upcoming Events

Upcoming Quarterly Report22nd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Forum Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Forum Energy income statement, its balance sheet, and the statement of cash flows. Forum Energy investors use historical funamental indicators, such as Forum Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may use each financial statement separately, they are all related. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Forum Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Forum Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Forum Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue17 M16.8 M
Cost of Revenue417.7 M539 M
Revenues541.1 M719.7 M
Revenue to Assets 0.68  0.74 
Revenue Per Employee386.5 K428.6 K
Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas. Forum Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1400 people.

Forum Energy Investors Sentiment

The influence of Forum Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Forum. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forum Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forum Energy's short interest history, or implied volatility extrapolated from Forum Energy options trading.

Current Sentiment - FET

Forum Energy Technologies Investor Sentiment

Greater number of Macroaxis users are currently bullish on Forum Energy Technologies. What is your opinion about investing in Forum Energy Technologies? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check the analysis of Forum Energy Correlation against competitors. Note that the Forum Energy Technologies information on this page should be used as a complementary analysis to other Forum Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

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When running Forum Energy Technologies price analysis, check to measure Forum Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.
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Is Forum Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forum Energy. If investors know Forum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forum Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
110.5 M
Quarterly Revenue Growth YOY
0.36
Return On Assets
-0.0254
Return On Equity
-0.18
The market value of Forum Energy Technologies is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forum Energy's market value can be influenced by many factors that don't directly affect Forum Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forum Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Forum Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.