Forum Energy Financials

FET Stock  USD 15.25  0.36  2.42%   
Based on the key measurements obtained from Forum Energy's financial statements, Forum Energy Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Forum Energy's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 350.7 M in 2024, whereas Current Deferred Revenue is likely to drop slightly above 13 M in 2024. Key indicators impacting Forum Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.430.3128
Significantly Up
Very volatile
Current Ratio2.62.5918
Slightly Up
Very volatile
The financial analysis of Forum Energy is a critical element in measuring its lifeblood. Investors should not minimize Forum Energy's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

77.86 Million

  
Understanding current and past Forum Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Forum Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Forum Energy's assets may result in an increase in income on the income statement.

Forum Energy Earnings Geography

Please note, the imprecision that can be found in Forum Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Forum Energy Technologies. Check Forum Energy's Beneish M Score to see the likelihood of Forum Energy's management manipulating its earnings.

Forum Energy Stock Summary

Forum Energy competes with Natural Gas, Enerflex, Now, Newpark Resources, and Bristow. 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.
Specialization
Energy, Oil & Gas Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS34984V2097
CUSIP34984V100 34984V209
LocationTexas; U.S.A
Business Address10344 Sam Houston
SectorEnergy Equipment & Services
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.f-e-t.com
Phone713 351 7900
CurrencyUSD - US Dollar

Forum Energy Key Financial Ratios

Forum Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B889.9M791.3M831.3M821.1M1.2B
Other Current Liab86.7M67.6M58.4M76.5M41.7M63.1M
Net Debt341.7M166.1M186.4M188.9M155.2M247.2M
Retained Earnings(503.4M)(601.7M)(684.3M)(680.6M)(699.5M)(664.5M)
Accounts Payable98.7M46.4M99.4M118.3M125.9M106.9M
Cash57.9M128.6M46.9M51M46.2M77.9M
Net Receivables154.2M90.8M134.4M170.1M161.9M140.7M
Good Will272.3M(44K)(5K)19K17.1K16.2K
Inventory414.6M251.7M241.7M269.8M299.6M380.4M
Other Current Assets39.2M19.0M23.7M43.9M21.9M20.8M
Total Liab674M483.7M462.2M524.2M408.4M509.6M
Total Current Assets665.9M490.2M446.7M512.9M529.6M505.0M
Short Term Debt700K1.3M860K782K11.6M12.2M
Intangible Assets272.3M240.4M217.4M191.5M168.0M263.4M
Common Stock1.2M60K61K62K109K103.6K
Other Liab28.3M65.4M54.1M13.7M15.7M14.9M
Other Assets18.3M45.6M7.8M10.1M11.6M16.9M
Long Term Debt398.9M293.4M232.4M239.1M129.6M123.1M
Treasury Stock(134.4M)(134.5M)(134.5M)(135.6M)(122.0M)(128.1M)
Net Tangible Assets213.7M165.8M111.7M115.6M104.0M181.3M
Long Term Debt Total398.9M293.4M232.4M239.1M215.2M314.3M

Forum Energy Key Income Statement Accounts

The reason investors look at the income statement is to determine what Forum Energy's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense31.6M30.3M32M31.5M18.3M28.0M
Total Revenue956.5M512.5M541.1M699.9M738.9M758.7M
Gross Profit244.9M(11M)123.3M188.5M204.2M203.6M
Operating Income(900K)(231.6M)(45.6M)9M23.8M25.0M
Ebit(900K)(79.5M)(50M)9.1M23.8M43.7M
Ebitda62.4M(28.5M)(7.8M)46.0M58.5M85.6M
Cost Of Revenue711.6M523.5M417.8M511.4M534.7M555.1M
Income Before Tax(568.9M)(109.8M)(82M)10.3M(7.8M)(8.2M)
Net Income(567.1M)(96.9M)(82.7M)3.7M(18.9M)(19.8M)
Income Tax Expense(1.8M)(12.9M)700K6.6M11.1M10.3M
Non Recurring(75.6M)(367.0M)(533.5M)23.5M21.2M22.2M
Tax Provision(1.8M)(12.9M)642K6.6M7.9M8.2M
Interest Income36.6M36.8M32.2M7M8.1M7.6M
Net Interest Income(31.6M)(30.3M)(32.0M)(31.5M)(21.7M)(22.7M)

Forum Energy Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory54.3M51.6M1.9M(34.6M)2.8M2.9M
Change In Cash10.7M70.7M(81.8M)4.2M(4.9M)(4.6M)
Free Cash Flow89M1.7M(18.2M)(24.6M)239K227.1K
Depreciation63.3M51M42.2M37.1M34.7M57.6M
Other Non Cash Items529.4M(33.9M)3.0M(8.4M)9.4M9.0M
Capital Expenditures15.1M2.2M2.4M7.5M7.9M7.5M
Net Income(567.1M)(96.9M)(82.7M)3.7M(18.9M)(19.8M)
End Period Cash Flow57.9M128.6M46.9M51.0M46.2M77.8M
Change Receivables(4.8M)49.7M65.5M(45.0M)(40.5M)(38.4M)
Net Borrowings(121.1M)3.4M(73.2M)(1.3M)(1.4M)(1.5M)
Change To Netincome544.5M(22.9M)13.4M7.4M8.5M8.1M
Investments28.1M105.2M10.8M27.1M25.6M26.9M

Forum Financial Ratios 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 rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Forum Energy's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Forum Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Forum Energy Technologies Systematic Risk

Forum Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Forum Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Forum Energy Technologies correlated with the market. If Beta is less than 0 Forum Energy generally moves in the opposite direction as compared to the market. If Forum Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Forum Energy Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Forum Energy is generally in the same direction as the market. If Beta > 1 Forum Energy moves generally in the same direction as, but more than the movement of the benchmark.

Forum Energy Thematic Clasifications

Forum Energy Technologies is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Forum Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Forum Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Forum Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0296

At this time, Forum Energy's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Forum Energy November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Forum Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Forum Energy Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forum Energy Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Forum Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forum Energy's daily price indicators and compare them against related drivers.

Additional Tools for Forum Stock Analysis

When running Forum Energy's 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 the 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.