Forum Energy Technologies Stock Net Asset

FET Stock

USD 18.41 0.20 1.07%

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.

Short Long Term Debt Total Total Assets

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Forum Energy Technologies Company Net Asset Analysis

Forum Energy's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Forum Energy Net Asset

821.06 M

Most of Forum Energy's fundamental indicators, such as Net Asset, 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 Asset 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 Asset. 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.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.39	0.6	0.89	0.33	0.7	0.94	0.82	0.93	-0.29	0.67	0.84	0.75	0.15	0.67	0.71	0.82	-0.52	0.72	-0.26	0.56	0.8	0.79	0.75
Total Stockholder Equity	0.97		0.39	0.41	0.88	0.28	0.6	0.91	0.67	0.9	-0.25	0.62	0.79	0.6	0.06	0.66	0.75	0.76	-0.47	0.68	-0.31	0.56	0.78	0.75	0.69
Current Deferred Revenue	0.39	0.39		0.18	0.34	0.16	0.54	0.39	0.28	0.44	0.18	0.08	0.22	0.13	0.38	0.12	0.11	0.09	-0.42	0.41	-0.07	0.35	0.26	0.22	0.19
Net Debt	0.6	0.41	0.18		0.51	0.33	0.72	0.62	0.91	0.51	-0.08	0.5	0.56	0.85	0.52	0.3	0.18	0.7	-0.51	0.52	0.11	0.33	0.58	0.61	0.64
Retained Earnings	0.89	0.88	0.34	0.51		0.01	0.55	0.97	0.69	0.73	0.01	0.32	0.7	0.68	0.37	0.36	0.81	0.78	-0.77	0.84	-0.42	0.82	0.96	0.93	0.86
Accounts Payable	0.33	0.28	0.16	0.33	0.01		0.62	0.15	0.38	0.46	-0.35	0.58	0.34	0.21	-0.28	0.4	-0.2	0.19	0.34	0.0	0.33	-0.44	-0.08	-0.07	0.03
Net Receivables	0.7	0.6	0.54	0.72	0.55	0.62		0.66	0.8	0.73	-0.15	0.47	0.53	0.6	0.34	0.42	0.2	0.56	-0.41	0.71	0.15	0.3	0.47	0.48	0.48
Good Will	0.94	0.91	0.39	0.62	0.97	0.15	0.66		0.81	0.84	-0.11	0.47	0.82	0.78	0.35	0.49	0.75	0.83	-0.7	0.81	-0.36	0.73	0.92	0.92	0.88
Total Liab	0.82	0.67	0.28	0.91	0.69	0.38	0.8	0.81		0.79	-0.33	0.64	0.77	0.94	0.32	0.52	0.44	0.78	-0.52	0.63	-0.07	0.43	0.67	0.7	0.72
Total Current Assets	0.93	0.9	0.44	0.51	0.73	0.46	0.73	0.84	0.79		-0.46	0.69	0.89	0.7	-0.03	0.76	0.63	0.71	-0.31	0.59	-0.21	0.37	0.61	0.65	0.65
Short Term Debt	-0.29	-0.25	0.18	-0.08	0.01	-0.35	-0.15	-0.11	-0.33	-0.46		-0.54	-0.39	-0.37	0.62	-0.53	-0.17	-0.06	-0.38	0.09	0.11	0.27	0.18	0.14	0.09
Intangible Assets	0.67	0.62	0.08	0.5	0.32	0.58	0.47	0.47	0.64	0.69	-0.54		0.68	0.59	-0.26	0.77	0.17	0.63	0.13	0.11	0.25	-0.14	0.27	0.29	0.32
Common Stock	0.84	0.79	0.22	0.56	0.7	0.34	0.53	0.82	0.77	0.89	-0.39	0.68		0.77	-0.03	0.77	0.66	0.81	-0.29	0.43	-0.32	0.31	0.65	0.74	0.82
Long Term Debt	0.75	0.6	0.13	0.85	0.68	0.21	0.6	0.78	0.94	0.7	-0.37	0.59	0.77		0.29	0.41	0.45	0.76	-0.48	0.52	-0.12	0.44	0.68	0.73	0.74
Treasury Stock	0.15	0.06	0.38	0.52	0.37	-0.28	0.34	0.35	0.32	-0.03	0.62	-0.26	-0.03	0.29		-0.36	-0.01	0.29	-0.75	0.54	0.01	0.61	0.5	0.47	0.4
Property Plant Equipment	0.67	0.66	0.12	0.3	0.36	0.4	0.42	0.49	0.52	0.76	-0.53	0.77	0.77	0.41	-0.36		0.47	0.57	0.06	0.23	-0.08	-0.01	0.27	0.34	0.41
Net Tangible Assets	0.71	0.75	0.11	0.18	0.81	-0.2	0.2	0.75	0.44	0.63	-0.17	0.17	0.66	0.45	-0.01	0.47		0.58	-0.58	0.59	-0.71	0.72	0.75	0.75	0.71
Long Term Debt Total	0.82	0.76	0.09	0.7	0.78	0.19	0.56	0.83	0.78	0.71	-0.06	0.63	0.81	0.76	0.29	0.57	0.58		-0.51	0.62	-0.09	0.46	0.82	0.86	0.87
Capital Surpluse	-0.52	-0.47	-0.42	-0.51	-0.77	0.34	-0.41	-0.7	-0.52	-0.31	-0.38	0.13	-0.29	-0.48	-0.75	0.06	-0.58	-0.51		-0.81	0.43	-0.93	-0.81	-0.77	-0.68
Deferred Long Term Liab	0.72	0.68	0.41	0.52	0.84	0.0	0.71	0.81	0.63	0.59	0.09	0.11	0.43	0.52	0.54	0.23	0.59	0.62	-0.81		-0.24	0.81	0.78	0.75	0.66
Short Long Term Debt	-0.26	-0.31	-0.07	0.11	-0.42	0.33	0.15	-0.36	-0.07	-0.21	0.11	0.25	-0.32	-0.12	0.01	-0.08	-0.71	-0.09	0.43	-0.24		-0.5	-0.35	-0.35	-0.39
Cash And Equivalents	0.56	0.56	0.35	0.33	0.82	-0.44	0.3	0.73	0.43	0.37	0.27	-0.14	0.31	0.44	0.61	-0.01	0.72	0.46	-0.93	0.81	-0.5		0.83	0.78	0.64
Net Invested Capital	0.8	0.78	0.26	0.58	0.96	-0.08	0.47	0.92	0.67	0.61	0.18	0.27	0.65	0.68	0.5	0.27	0.75	0.82	-0.81	0.78	-0.35	0.83		0.97	0.9
Net Working Capital	0.79	0.75	0.22	0.61	0.93	-0.07	0.48	0.92	0.7	0.65	0.14	0.29	0.74	0.73	0.47	0.34	0.75	0.86	-0.77	0.75	-0.35	0.78	0.97		0.96
Capital Stock	0.75	0.69	0.19	0.64	0.86	0.03	0.48	0.88	0.72	0.65	0.09	0.32	0.82	0.74	0.4	0.41	0.71	0.87	-0.68	0.66	-0.39	0.64	0.9	0.96

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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

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Predict Forum Energy

Forum Total Assets

Total Assets

1.16 Billion

At this time, Forum Energy's Total Assets are comparatively stable compared to the past year.

Based on the recorded statements, Forum Energy Technologies has a Net Asset of 821.06 M. This is much higher than that of the Energy Equipment & Services sector and significantly higher than that of the Energy industry. The net asset for all United States stocks is notably lower than that of the firm.

Forum Net Asset 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 Asset 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 asset category among related companies.

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
Geode Capital Management, Llc	2023-12-31	197.1 K
Newtyn Management Llc	2024-03-31	194.3 K
State Street Corporation	2023-12-31	175.4 K
Icon Wealth Advisors Llc	2023-12-31	91.8 K
Ameriprise Financial Inc	2023-12-31	91.4 K
Northern Trust Corp	2023-12-31	86.4 K
Monaco Asset Management	2023-12-31	70.5 K
Renaissance Technologies Corp	2023-12-31	54.2 K
Susquehanna International Group, Llp	2023-12-31	53.8 K
Mackay Shields Llc	2024-03-31	973.2 K
Keyframe Capital Partners, Lp	2024-03-31	746 K

Forum Fundamentals

	Return On Equity	-0.0596
	Return On Asset	0.0175
	Profit Margin	(0.03) %
	Operating Margin	0.04 %
	Current Valuation	525 M
	Shares Outstanding	12.28 M
	Shares Owned By Insiders	9.86 %
	Shares Owned By Institutions	65.30 %
	Number Of Shares Shorted	146.08 K
	Price To Earning	9.35 X
	Price To Book	0.58 X
	Price To Sales	0.32 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	36.33 X
	Cash Flow From Operations	7.87 M
	Short Ratio	5.29 X
	Earnings Per Share	(2.36) X
	Price To Earnings To Growth	(1.07) X
	Target Price	30.0
	Number Of Employees	1.6 K
	Beta	2.58
	Market Capitalization	226.14 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.

Pair Trading with Forum Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forum Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forum Energy will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Forum Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forum Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forum Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forum Energy Technologies to buy it.

The correlation of Forum Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forum Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forum Energy Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Forum Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Forum Energy Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Forum Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Forum Energy Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Forum Energy Technologies Stock:

How To Invest In Forum

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Is Forum Stock a good investment?

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What is Forum Energy's Net Worth?

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Largest Oil & Gas Equipment & Services Companies

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Largest Energy Companies

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Check out Forum Energy Piotroski F Score and Forum Energy Altman Z Score analysis.

Note that the Forum Energy Technologies information on this page should be used as a complementary analysis to other Forum Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary 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.

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Is Forum Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forum Energy. If investors know Forum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forum Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.58)

Earnings Share

(2.36)

Revenue Per Share

70.194

Quarterly Revenue Growth

0.071

Return On Assets

0.0175

The market value of Forum Energy Technologies is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forum Energy's market value can be influenced by many factors that don't directly affect Forum Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Forum Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forum Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Forum Energy Technologies Stock Net Asset

Forum Energy Technologies Company Net Asset Analysis

Net Asset

Current Market Value

-

Current Liabilities

Current Forum Energy Net Asset

Forum Net Asset Driver Correlations

Forum Total Assets

Total Assets

1.16 Billion

Forum Net Asset Peer Comparison

Forum Energy ESG Sustainability

Forum Energy Institutional Holders

Forum Fundamentals

About Forum Energy Fundamental Analysis

Pair Trading with Forum Energy

Complementary Tools for Forum Stock analysis

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