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Forum Energy Technologies FET
$ 85.36 3.53%
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Quarterly report 2026-Q1
added 07-31-2026

Forum Energy Technologies Financial Ratios 2025-2009 | FET

Brief overview of Forum Energy Technologies's valuation and returns

The comparison uses the five latest available annual observations between 2014 and 2019.

The latest available valuation ratios are P/E 45.8x (median 15.5x), EV/EBITDA 8.19x (median 20.41x), P/S 0.87x (median 0.24x). On average, this basket is 195.4% above its own five-year medians. The market is pricing in elevated future expectations.

The inverse P/E implies an earnings yield of 2.2%. This is not a dividend yield, but current earnings relative to market price.

Capital efficiency is characterized by ROE -3.3%, ROA -1.3%, ROCE 10.4%. Negative returns point to losses or poor capital efficiency. Valuation multiples are less informative in this setting.

PEG of 0.12x shows valuation is not outpacing embedded growth. The conclusion depends on earnings durability.

The cash conversion cycle shortened from 220.9 days to 164.2 days, or 56.7 days. Working capital returns faster.

What the ratios show

Forum Energy Technologies's valuation is above historical references while efficiency remains restrained, increasing sensitivity to weak reports.

Annual Financial Ratios Forum Energy Technologies

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

P/E

-71.7 -1.6 -9.6 45.8 -1.1 -0.9 -0.2 -1.4 -28.2 -23.9 -8.4 8.2 17.6 13.4 - - -

P/S

0.9 0.3 0.2 0.2 0.2 0.2 0.1 0.5 2.0 3.3 0.9 0.8 1.5 1.4 - - -

EPS

-0.8 -11 -1.9 0.7 -14.7 -17.4 -103.0 -3.4 -0.6 -0.9 -1.3 1.9 1.4 1.9 1.5 0.4 -

EV (Enterprise Value)

1.12 B 669 M 543 M 647 M 506 M 438 M 736 M 1.29 B 2.34 B 2.33 B 1.53 B 2.18 B 3.08 B 2.72 B 932 M -20.3 M -26.9 M

EBITDA per Share

5.38 -2.69 5.43 9.45 -0.41 -28.3 10.2 8.07 0.0413 -14.4 14.1 67.3 58.7 72.3 - 1.98 -

EV/EBITDA

17.5 -20.2 9.8 11.9 -218.2 -1.6 8.2 23.0 10125.8 -32.4 20.4 5.7 10.4 8.3 - -0.2 -

PEG

0.12 0.0 0.02 0.01 -0.0 -0.01 0.0 0.0 -0.79 -0.74 0.05 0.26 -0.72 1.27 - - -

P/B

2.4 0.7 0.4 0.6 0.3 0.2 0.2 0.5 1.2 1.6 0.8 1.0 1.7 1.7 - - -

P/CF

9.8 2.4 22.1 -10.0 -5.7 50.5 1.3 -24.9 -25.1 40.9 8.2 6.6 15.1 23.0 - - -

ROE %

-3.32 -42.30 -4.57 1.21 -25.11 -23.85 -116.67 -36.31 -4.22 -6.63 -9.49 12.49 9.73 13.03 - 5.17 -

ROA %

-1.28 -16.59 -2.30 0.44 -10.44 -10.89 -48.88 -20.45 -2.71 -4.47 -6.33 7.85 5.97 8.00 - - -

ROCE %

10.35 -27.12 5.02 5.64 -13.52 -27.28 -0.71 -1.92 -3.28 -7.52 -0.13 12.72 10.55 14.75 - 15.82 -

Current Ratio

1.6 1.6 2.0 1.6 1.7 3.9 3.4 3.2 3.7 5.3 4.7 3.2 3.7 2.8 - - -

DSO

68.3 67.2 74.3 72.5 69.0 64.7 60.9 74.1 95.6 91.5 51.2 63.3 65.7 60.7 - - -

DIO

161.0 183.7 194.4 182.6 215.6 175.5 212.7 216.4 256.8 253.3 190.9 142.7 153.4 174.5 - - -

DPO

65.1 76.6 83.3 77.7 63.7 32.3 50.6 64.7 79.8 55.2 34.6 39.5 34.9 38.0 - - -

Operating Cycle

229.3 250.9 268.7 255.1 284.6 240.2 273.5 290.5 352.4 344.8 242.1 206.0 219.0 235.3 - - -

Cash Conversion Cycle

164.2 174.3 185.4 177.4 220.9 207.9 222.9 225.8 272.6 289.6 207.5 166.5 184.2 197.3 - - -

All numbers in USD currency

Quarterly Financial Ratios Forum Energy Technologies

2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

0.4 -1.76 0.62 0.09 -1.2 -0.54 -0.85 0.78 -0.64 -0.34 - 2.85 1.61 -1.62 - -2.05 -3.87 -5.28 -5.85 -3.86 -0.98 -6.68 -2.25 -96.64 -2.5 -1.44 -3.52 -0.03 -0.14 0.26 0.46 -0.15 -0.81 -0.16 -0.14 -0.2 -0.31 -0.25 -1.81 0.07 0.1 0.32 0.5 0.56 0.43 0.4 0.38 0.36 0.33 0.36 0.28 0.48 0.53 0.63 0.47 0.52 0.23 0.21

EBITDA per Share

1.27 - - 1.02 - - 0.6 - - 0.93 - 3.01 1.04 -0.4 - 1.02 -1.71 -1.68 -18.6 -3.21 -3.89 -8.64 -1.42 -92.6 2.87 2.15 -3.49 0.25 0.04 0.01 -0.26 0.12 -0.65 -0.12 -0.27 0.01 -0.38 -0.17 -2.09 0.45 0.46 0.56 0.7 1.12 0.91 0.77 0.62 0.9 0.71 0.65 0.44 1.01 1.03 1.13 0.75 1.18 0.64 0.48

ROE %

-2.66 -7.60 -2.20 -6.82 -5.26 -3.49 -2.81 4.95 6.04 4.69 5.53 2.18 -9.30 -20.07 -17.15 -25.20 -27.16 -22.48 -23.85 -18.36 -122.72 -124.19 -116.67 -151.36 -42.00 -40.66 -36.31 4.42 3.46 -1.67 -5.68 -10.17 -10.37 -6.06 -6.64 -18.64 -16.65 -13.63 -9.49 6.82 10.03 12.16 12.50 11.79 10.54 9.95 9.74 9.20 10.23 11.78 13.04 15.83 17.73 16.03 14.26 5.43 2.10 1.89

ROA %

-0.99 -3.10 -1.11 -3.07 -2.26 -1.51 -1.24 1.86 -0.27 -0.94 -0.53 -3.24 -5.32 -8.84 -7.67 -11.35 -12.32 -10.23 -10.89 -8.29 -51.81 -52.38 -48.88 -68.78 -23.00 -22.66 -20.45 2.76 2.25 -0.45 -2.71 -5.62 -5.93 -3.94 -4.47 -12.46 -11.12 -9.10 -6.33 4.43 6.42 7.73 7.86 7.37 6.54 6.14 5.97 5.64 6.28 7.23 8.00 8.71 8.76 7.28 5.81 2.21 0.85 0.77

ROCE %

9.01 7.10 10.95 7.27 5.88 5.40 5.25 7.08 7.66 4.32 2.67 0.54 -4.66 -10.37 -8.56 -34.20 -41.18 -47.15 -57.02 -32.99 -133.60 -124.83 -110.31 -145.69 -35.72 -37.00 -38.54 -3.47 -4.89 -10.56 -11.58 -11.66 -12.61 -10.09 -10.44 -23.43 -20.34 -14.27 -9.05 10.60 15.08 18.01 19.21 18.87 17.62 16.45 15.75 14.71 15.92 18.39 20.74 25.20 29.09 27.13 24.54 9.31 4.05 3.46

Current Ratio

1.6 1.6 1.7 1.7 1.8 1.8 1.8 2.0 2.0 2.0 1.6 1.6 - 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.7 1.7 1.7 1.7 2.3 2.3 2.3 2.3 2.8 2.8 2.8 2.8 3.1 3.1 3.1 3.1 3.0 3.0 3.0 3.0 2.7 2.7 2.7 2.7 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 1.7 1.7 1.7 1.7

DSO

66.1 70.2 70.5 74.7 71.9 72.5 72.1 83.2 82.0 76.8 - 37.1 35.0 75.3 - 72.3 64.9 67.4 65.1 71.0 64.9 58.6 70.4 58.8 57.3 60.5 68.9 70.4 68.6 74.6 74.8 93.2 92.1 82.2 65.2 69.5 67.3 69.8 64.5 51.6 44.5 55.8 59.7 55.9 61.2 60.7 58.0 58.5 62.1 58.6 63.3 60.1 55.9 57.4 62.0 63.1 81.0 -

DIO

149.7 148.7 170.2 186.2 185.6 190.7 199.2 215.2 200.7 185.8 - 94.6 97.3 197.9 - 198.6 201.4 252.2 133.5 253.8 228.9 189.4 250.8 214.2 207.4 202.1 189.2 227.1 217.1 230.0 207.7 267.6 266.3 270.0 - - - - - - - - - - - - - - - - - - - - - - - -

DPO

70.6 64.3 69.2 75.8 73.3 70.4 76.5 92.8 90.6 82.7 - 38.9 42.5 84.0 - 68.0 54.6 51.6 24.6 46.7 42.1 41.2 59.7 51.0 49.4 54.7 56.5 67.9 64.9 70.0 64.5 83.1 82.7 73.0 - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

- 218.9 240.6 260.9 257.5 263.2 271.3 298.4 282.6 262.7 - 131.7 132.3 273.2 - 270.9 266.3 319.6 198.6 324.8 293.8 248.0 321.2 273.0 264.6 262.6 258.1 297.5 285.7 304.6 282.4 360.7 358.4 352.1 65.2 69.5 67.3 69.8 64.5 51.6 44.5 55.8 59.7 55.9 61.2 60.7 58.0 58.5 62.1 58.6 63.3 60.1 55.9 57.4 62.0 63.1 81.0 -

Cash Conversion Cycle

- 154.6 171.4 185.1 184.2 192.8 194.8 205.6 192.0 179.9 - 92.8 89.8 189.2 - 202.9 211.7 268.0 174.0 278.1 251.7 206.8 261.5 222.0 215.3 207.8 201.5 229.6 220.8 234.5 217.9 277.6 275.6 279.1 65.2 69.5 67.3 69.8 64.5 51.6 44.5 55.8 59.7 55.9 61.2 60.7 58.0 58.5 62.1 58.6 63.3 60.1 55.9 57.4 62.0 63.1 81.0 -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Forum Energy Technologies, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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