Is Forum Energy Technologies Inc (FET) overvalued? · rev $816.4M
Forum Energy Technologies Inc (FET) is a oil & gas equipment & services company listed on US.
This page asks whether Forum Energy Technologies Inc (FET) looks expensive on cached numbers — not a short thesis.
Latest reported FET revenue for 2024-12-31 was $816.4M. Net income was -$135.3M. Revenue was up 10.5% from 2023-12-31 to 2024-12-31. FET currently screens at market cap $257.9M.
FET currently screens at market cap $257.9M. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next FET 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the FET stock page for the full model, not this heading.
Not investment advice.