Forum Fundamentals

FET
 Stock
  

USD 24.87  0.02  0.08%   

Forum Energy Technologies fundamentals help investors to digest information that contributes to Forum Energy's financial success or failures. It also enables traders to predict the movement of Forum Stock. The fundamental analysis module provides a way to measure Forum Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forum Energy stock.
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Forum Energy Weighted Average Shares is comparatively stable at the moment as compared to the past year. Forum Energy reported Weighted Average Shares of 5.64 Million in 2021. Weighted Average Shares Diluted is likely to gain to about 5.8 M in 2022, whereas Net Income is likely to drop (89.2 M) in 2022.

Forum Number of Shares Shorted Analysis

Forum Energy's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
More About Number of Shares Shorted | All Equity Analysis

Current Forum Energy Number of Shares Shorted

    
  328.59 K  
Most of Forum Energy's fundamental indicators, such as Number of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forum Energy Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Compare to competition

Based on the recorded statements, Forum Energy Technologies has 328.59 K of outstending shares currently sold short by investors. This is 96.12% lower than that of the Energy sector and 93.92% lower than that of the Oil & Gas Equipment & Services industry. The number of shares shorted for all United States stocks is 93.02% higher than that of the company.

Forum Energy Technologies Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Forum Energy's current stock value. Our valuation model uses many indicators to compare Forum Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forum Energy competition to find correlations between indicators driving Forum Energy's intrinsic value. More Info.
Forum Energy Technologies is one of the top stocks in beta category among related companies. It is one of the top stocks in total asset category among related companies fabricating about  561,322,024  of Total Asset per Beta. Forum Energy Total Assets are comparatively stable at the moment as compared to the past year. Forum Energy reported Total Assets of 791.34 Million in 2021. Total Assets Per Share is likely to gain to 144.16 in 2022, whereas Net Current Assets as percentage of Total Assets are likely to drop 30.79 in 2022.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Forum Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Forum Energy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Forum Energy's earnings, one of the primary drivers of an investment's value.

Forum Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forum Energy's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forum Energy could also be used in its relative valuation, which is a method of valuing Forum Energy by comparing valuation metrics of similar companies.
Forum Energy is currently under evaluation in short ratio category among related companies.

Forum Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Forum Energy from analyzing Forum Energy's financial statements. These drivers represent accounts that assess Forum Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Forum Energy's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(22.85 K)(149.63 K)(246.55 K)(69.02 K)(59.04 K)(63.7 K)
Revenue Per Employee314.85 K425.69 K415.88 K365.05 K386.48 K428.58 K
Average Assets1.91 B2.08 B1.51 B1.01 B809.86 M1.13 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA36.66 M(282.71 M)(474.01 M)(28.5 M)(7.82 M)(8.03 M)
Earnings Before Interest Taxes and Depreciation Amortization USD36.66 M(282.71 M)(474.01 M)(28.5 M)(7.82 M)(8.03 M)
Earnings before Tax(55.28 M)(389.75 M)(568.87 M)(109.77 M)(82.01 M)(88.48 M)
Average Equity1.25 B1.33 B755.69 M429.14 M354.6 M363.93 M
Enterprise Value1.92 B890.84 M609.43 M383.95 M309.69 M317.84 M
Free Cash Flow(66.74 M)(21.64 M)89.53 M6.93 M(11.17 M)(11.46 M)
Invested Capital1.17 B1.24 B1.08 B735.16 M619.39 M772.84 M
Invested Capital Average1.04 B1.22 B1.2 B922.68 M643.55 M783.05 M
Market Capitalization1.68 B450.86 M185.58 M66.35 M91.17 M93.57 M
Tangible Asset Value996.92 M1 B887.7 M649.48 M573.93 M683.52 M
Working Capital574.08 M529.09 M469.07 M365.26 M271.08 M351.32 M

Forum Energy Institutional Holders

Institutional Holdings refers to the ownership stake in Forum Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forum Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forum Energy's value.
Security TypeSharesValue
Mackay Shields LlcDebt68.4 M64.6 M
Allspring Global Investments Holdings LlcCommon Shares217.4 K4.3 M
Monaco Asset Management SamCommon Shares203.8 KM
Icon Wealth Partners LlcCommon Shares32.8 K644 K
Dorsey Wright AssociatesCommon Shares1.9 K37 K
Eversource Wealth Advisors LlcCommon Shares90818 K
Harbor Investment Advisory LlcCommon Shares100.0K
Hillman CoCommon Shares94.0K

Forum Fundamentals

About Forum Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Forum Energy Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forum Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forum Energy Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Forum Energy without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Forum Energy Piotroski F Score and Forum Energy Altman Z Score analysis. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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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
133.3 M
Quarterly Revenue Growth YOY
0.25
Return On Assets
-0.0162
Return On Equity
-0.0927
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.