Stocktoria
FORUM ENERGY TECHNOLOGIES, INC. FET
FORUM ENERGY TECHNOLOGIES, INC. (FET) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $791.5M at a -1.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.322 |
| Retained earnings / assets | -1.122 |
| EBIT / assets | 0.04 |
| Equity / liabilities | 0.631 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| FET | FORUM ENERGY TECHNOLOGIES, INC. | 6/9 | -0.61 | — | -3.1% |
| FLOC | Flowco Holdings Inc. | 6/9 | 2.54 | 47.6 | +41.9% |
| OIS | OIL STATES INTERNATIONAL, INC | 5/9 | 3.5 | — | -3.4% |
| SEI | Solaris Energy Infrastructure, Inc. | 6/9 | 2.1 | 187.2 | +98.7% |
| INVX | Innovex International, Inc. | 5/9 | 9.71 | 21 | +48% |
| WHD | Cactus, Inc. | 4/9 | 8.29 | 27.8 | -4.5% |
| DTI | Drilling Tools International Corp | 4/9 | — | — | +3.4% |
About FORUM ENERGY TECHNOLOGIES, INC.
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
FAQ
Is FET financially healthy?
FORUM ENERGY TECHNOLOGIES, INC.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does FET pay a dividend?
No, FORUM ENERGY TECHNOLOGIES, INC. does not currently pay a dividend.
How profitable is FET?
In FY2025, FORUM ENERGY TECHNOLOGIES, INC. had a net margin of -1.2% and a return on equity of -3.3%.
Is FET overvalued or undervalued?
FORUM ENERGY TECHNOLOGIES, INC. trades at about 133.6× trailing earnings — below its 10-year norm (10-year range 53.2×–366.7×, median 293.2×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for FET?
The average Wall-Street price target for FORUM ENERGY TECHNOLOGIES, INC. is $67.00, about 19.1% below the recent price, from 1 analysts.
Is FET a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FORUM ENERGY TECHNOLOGIES, INC.: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.