Forum Energy Technologies Stock Net Income
| FET Stock | USD 15.25 0.36 2.42% |
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.
| Last Reported | Projected for Next Year | ||
| Net Loss | -18.9 M | -19.8 M | |
| Net Income Applicable To Common Shares | 3.3 M | 3.5 M | |
| Net Loss | -14.9 M | -15.7 M | |
| Net Loss | (1.85) | (1.94) | |
| Net Income Per E B T | 2.42 | 2.54 |
Forum | Net Income |
Forum Energy Technologies Company Net Income Analysis
Forum Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Forum Energy Net Income | (18.88 M) |
Most of Forum Energy's fundamental indicators, such as Net Income, 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.
Forum Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Forum Energy is extremely important. It helps to project a fair market value of Forum Stock properly, considering its historical fundamentals such as Net Income. Since Forum Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forum Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forum Energy's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Forum Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Forum Energy Technologies reported net income of (18.88 Million). This is 100.83% lower than that of the Energy Equipment & Services sector and 140.26% lower than that of the Energy industry. The net income for all United States stocks is 103.31% higher than that of the company.
Forum Net Income 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 Net Income 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 net income category among its peers.
Forum Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Forum Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Forum Energy's managers, analysts, and investors.Environmental | Governance | Social |
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.| Shares | State Street Corp | 2024-06-30 | 185.7 K | Northern Trust Corp | 2024-09-30 | 99.5 K | Ameriprise Financial Inc | 2024-06-30 | 92.6 K | Icon Wealth Advisors Llc | 2024-09-30 | 91.8 K | Renaissance Technologies Corp | 2024-09-30 | 87.3 K | Monaco Asset Management | 2024-09-30 | 68.4 K | Bridgeway Capital Management, Llc | 2024-09-30 | 66.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 64.7 K | Bank Of New York Mellon Corp | 2024-06-30 | 55.7 K | Mackay Shields Llc | 2024-09-30 | 937.8 K | Simmons L E & Associates Inc | 2024-09-30 | 830.7 K |
Forum Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | 0.0226 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 443.46 M | ||||
| Shares Outstanding | 12.28 M | ||||
| Shares Owned By Insiders | 9.96 % | ||||
| Shares Owned By Institutions | 71.20 % | ||||
| Number Of Shares Shorted | 104.3 K | ||||
| Price To Earning | 9.35 X | ||||
| Price To Book | 0.42 X | ||||
| Price To Sales | 0.23 X | ||||
| Revenue | 738.86 M | ||||
| Gross Profit | 188.53 M | ||||
| EBITDA | 58.49 M | ||||
| Net Income | (18.88 M) | ||||
| Cash And Equivalents | 51 M | ||||
| Cash Per Share | 3.45 X | ||||
| Total Debt | 201.4 M | ||||
| Debt To Equity | 0.91 % | ||||
| Current Ratio | 2.43 X | ||||
| Book Value Per Share | 36.11 X | ||||
| Cash Flow From Operations | 8.18 M | ||||
| Short Ratio | 3.24 X | ||||
| Earnings Per Share | (4.23) X | ||||
| Price To Earnings To Growth | (1.07) X | ||||
| Target Price | 30.0 | ||||
| Number Of Employees | 1.6 K | ||||
| Beta | 2.47 | ||||
| Market Capitalization | 187.33 M | ||||
| Total Asset | 821.06 M | ||||
| Retained Earnings | (699.47 M) | ||||
| Working Capital | 325.26 M | ||||
| Current Asset | 717.81 M | ||||
| Current Liabilities | 151.55 M | ||||
| Net Asset | 821.06 M |
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.
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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.