
FET Valuation
Forum Energy Technologies Inc
FET Relative Valuation
FET's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, FET is overvalued; if below, it's undervalued.
Historical Valuation
Forum Energy Technologies Inc (FET) is now in the Fair zone, suggesting that its current forward PS ratio of 26.78 is considered Fairly compared with the five-year average of 2.32. The fair price of Forum Energy Technologies Inc (FET) is between to according to relative valuation methord.
Relative Value
Fair Zone
-
Current Price:26.78
Fair
18.66
PE
1Y
3Y
5Y
Trailing
Forward
5.45
EV/EBITDA
Forum Energy Technologies Inc. (FET) has a current EV/EBITDA of 5.45. The 5-year average EV/EBITDA is 9.76. The thresholds are as follows: Strongly Undervalued below -33.93, Undervalued between -33.93 and -12.08, Fairly Valued between 31.61 and -12.08, Overvalued between 31.61 and 53.45, and Strongly Overvalued above 53.45. The current Forward EV/EBITDA of 5.45 falls within the Historic Trend Line -Fairly Valued range.
9.08
EV/EBIT
Forum Energy Technologies Inc. (FET) has a current EV/EBIT of 9.08. The 5-year average EV/EBIT is 4.61. The thresholds are as follows: Strongly Undervalued below -82.00, Undervalued between -82.00 and -38.70, Fairly Valued between 47.92 and -38.70, Overvalued between 47.92 and 91.23, and Strongly Overvalued above 91.23. The current Forward EV/EBIT of 9.08 falls within the Historic Trend Line -Fairly Valued range.
26.78
PS
Forum Energy Technologies Inc. (FET) has a current PS of 26.78. The 5-year average PS is 0.35. The thresholds are as follows: Strongly Undervalued below -3.53, Undervalued between -3.53 and -1.59, Fairly Valued between 2.29 and -1.59, Overvalued between 2.29 and 4.23, and Strongly Overvalued above 4.23. The current Forward PS of 26.78 falls within the Strongly Overvalued range.
5.31
P/OCF
Forum Energy Technologies Inc. (FET) has a current P/OCF of 5.31. The 5-year average P/OCF is 2.70. The thresholds are as follows: Strongly Undervalued below -8.00, Undervalued between -8.00 and -2.65, Fairly Valued between 8.05 and -2.65, Overvalued between 8.05 and 13.40, and Strongly Overvalued above 13.40. The current Forward P/OCF of 5.31 falls within the Historic Trend Line -Fairly Valued range.
5.43
P/FCF
Forum Energy Technologies Inc. (FET) has a current P/FCF of 5.43. The 5-year average P/FCF is 3.14. The thresholds are as follows: Strongly Undervalued below -2.56, Undervalued between -2.56 and 0.29, Fairly Valued between 6.00 and 0.29, Overvalued between 6.00 and 8.85, and Strongly Overvalued above 8.85. The current Forward P/FCF of 5.43 falls within the Historic Trend Line -Fairly Valued range.
Forum Energy Technologies Inc (FET) has a current Price-to-Book (P/B) ratio of 1.04. Compared to its 3-year average P/B ratio of 0.58 , the current P/B ratio is approximately 78.23% higher. Relative to its 5-year average P/B ratio of 0.48, the current P/B ratio is about 115.61% higher. Forum Energy Technologies Inc (FET) has a Forward Free Cash Flow (FCF) yield of approximately 24.98%. Compared to its 3-year average FCF yield of 12.18%, the current FCF yield is approximately 105.13% lower. Relative to its 5-year average FCF yield of 2.52% , the current FCF yield is about 889.91% lower.
1.04
P/B
Median3y
0.58
Median5y
0.48
24.98
FCF Yield
Median3y
12.18
Median5y
2.52
Competitors Valuation Multiple
The average P/S ratio for FET's competitors is 15.84, providing a benchmark for relative valuation. Forum Energy Technologies Inc Corp (FET) exhibits a P/S ratio of 26.78, which is 69.10% above the industry average. Given its robust revenue growth of -2.65%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap

FET.N
Forum Energy Technologies Inc
26.78
Average P/S: 15.84
-2.65%
318.77M

OIS.N
Oil States International Inc
5.97
-5.26%
361.74M

GEOS.O
Geospace Technologies Corp
25.34
-3.93%
324.88M

RNGR.N
Ranger Energy Services Inc
13.74
1.81%
300.13M

FTK.N
Flotek Industries Inc
17.31
26.43%
516.84M

OMSE.O
OMS Energy Technologies Inc
5.88
249.60M
Performance Decomposition
1Y
3Y
5Y
Market capitalization of FET increased by 75.61% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -0.71 to -2.83.
The secondary factor is the Revenue Growth, contributed -2.65%to the performance.
Overall, the performance of FET in the past 1 year is driven by P/E Change. Which is more unsustainable.
People Also Watch

META
Meta Platforms Inc
648.350
USD
-2.72%

GOOG
Alphabet Inc
281.820
USD
-0.03%

WMT
Walmart Inc
101.180
USD
-1.03%

NVDA
NVIDIA Corp
202.490
USD
-0.20%

MSFT
Microsoft Corp
517.810
USD
-1.51%

AVGO
Broadcom Inc
369.630
USD
-1.82%

GOOGL
Alphabet Inc
281.190
USD
-0.10%

TSLA
Tesla Inc
456.560
USD
+3.74%

AAPL
Apple Inc
270.370
USD
-0.38%

AMZN
Amazon.com Inc
244.220
USD
+9.58%
FAQ
Is Forum Energy Technologies Inc (FET) currently overvalued or undervalued?
Forum Energy Technologies Inc (FET) is now in the Fair zone, suggesting that its current forward PS ratio of 26.78 is considered Fairly compared with the five-year average of 2.32. The fair price of Forum Energy Technologies Inc (FET) is between to according to relative valuation methord.





