Forum Energy Technologies Inc (FET) - Net Assets
Based on the latest financial reports, Forum Energy Technologies Inc (FET) has net assets worth $297.31 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($770.09 Million) and total liabilities ($472.78 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Forum Energy Technologies Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $297.31 Million |
| % of Total Assets | 38.61% |
| Annual Growth Rate | -1.52% |
| 5-Year Change | -21.25% |
| 10-Year Change | -74.56% |
| Growth Volatility | 30.79 |
Forum Energy Technologies Inc - Net Assets Trend (2009–2024)
This chart illustrates how Forum Energy Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore FET current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Forum Energy Technologies Inc (2009–2024)
The table below shows the annual net assets of Forum Energy Technologies Inc from 2009 to 2024. For live valuation and market cap data, see Forum Energy Technologies Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $319.90 Million | -22.47% |
| 2023-12-31 | $412.63 Million | +34.39% |
| 2022-12-31 | $307.04 Million | -6.71% |
| 2021-12-31 | $329.13 Million | -18.98% |
| 2020-12-31 | $406.24 Million | -16.42% |
| 2019-12-31 | $486.04 Million | -52.82% |
| 2018-12-31 | $1.03 Billion | -27.01% |
| 2017-12-31 | $1.41 Billion | +14.20% |
| 2016-12-31 | $1.24 Billion | -1.72% |
| 2015-12-31 | $1.26 Billion | -9.93% |
| 2014-12-31 | $1.40 Billion | +4.88% |
| 2013-12-31 | $1.33 Billion | +14.52% |
| 2012-12-31 | $1.16 Billion | +77.40% |
| 2011-12-31 | $655.13 Million | +41.47% |
| 2010-12-31 | $463.08 Million | +15.09% |
| 2009-12-31 | $402.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forum Energy Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 758.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $130.00K | 0.04% |
| Other Comprehensive Income | $-123.25 Million | -38.53% |
| Other Components | $1.28 Billion | 399.44% |
| Total Equity | $319.90 Million | 100.00% |
Forum Energy Technologies Inc Competitors by Market Cap
The table below lists competitors of Forum Energy Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qianjiang Yongan Pharmaceutical Co Ltd
SHE:002365
|
$597.66 Million |
|
Guizhou Taiyong Changzheng Technology Co Ltd Class A
SHE:002927
|
$597.68 Million |
|
BOKU INC. REG S DL-0001
F:B04
|
$597.76 Million |
|
PWR Holdings Ltd
AU:PWH
|
$597.77 Million |
|
Royce Micro Cap Closed Fund
NYSE:RMT
|
$597.45 Million |
|
Shanghai Golden Union Commercial Management Co Ltd
SHG:603682
|
$597.38 Million |
|
CorMedix Inc
NASDAQ:CRMD
|
$597.22 Million |
|
TPI POLENE POWER
BK:TPIPP-R
|
$596.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forum Energy Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 412,633,000 to 319,900,000, a change of -92,733,000 (-22.5%).
- Net loss of 135,326,000 reduced equity.
- Share repurchases of 1,090,000 reduced equity.
- Other comprehensive income decreased equity by 8,011,000.
- Other factors increased equity by 51,694,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-135.33 Million | -42.3% |
| Share Repurchases | $1.09 Million | -0.34% |
| Other Comprehensive Income | $-8.01 Million | -2.5% |
| Other Changes | $51.69 Million | +16.16% |
| Total Change | $- | -22.47% |
Book Value vs Market Value Analysis
This analysis compares Forum Energy Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.52x to 2.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $107.55 | $56.05 | x |
| 2010-12-31 | $123.77 | $56.05 | x |
| 2011-12-31 | $175.14 | $56.05 | x |
| 2012-12-31 | $267.20 | $56.05 | x |
| 2013-12-31 | $281.27 | $56.05 | x |
| 2014-12-31 | $292.84 | $56.05 | x |
| 2015-12-31 | $279.64 | $56.05 | x |
| 2016-12-31 | $270.88 | $56.05 | x |
| 2017-12-31 | $285.98 | $56.05 | x |
| 2018-12-31 | $189.41 | $56.05 | x |
| 2019-12-31 | $88.29 | $56.05 | x |
| 2020-12-31 | $72.84 | $56.05 | x |
| 2021-12-31 | $58.32 | $56.05 | x |
| 2022-12-31 | $29.62 | $56.05 | x |
| 2023-12-31 | $40.41 | $56.05 | x |
| 2024-12-31 | $26.01 | $56.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forum Energy Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -42.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.58%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.55x
- Recent ROE (-42.30%) is below the historical average (-13.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 4.81% | 2.85% | 0.81x | 2.09x | $-20.86 Million |
| 2010 | 5.18% | 3.20% | 0.91x | 1.77x | $-22.31 Million |
| 2011 | 14.26% | 8.27% | 0.70x | 2.46x | $27.89 Million |
| 2012 | 13.03% | 10.70% | 0.75x | 1.63x | $35.25 Million |
| 2013 | 9.74% | 8.50% | 0.70x | 1.64x | $-3.44 Million |
| 2014 | 12.49% | 10.02% | 0.78x | 1.59x | $34.76 Million |
| 2015 | -9.50% | -11.12% | 0.56x | 1.53x | $-245.10 Million |
| 2016 | -6.64% | -13.96% | 0.32x | 1.49x | $-205.52 Million |
| 2017 | -4.05% | -6.98% | 0.37x | 1.56x | $-198.23 Million |
| 2018 | -36.31% | -35.15% | 0.58x | 1.78x | $-477.09 Million |
| 2019 | -116.67% | -59.28% | 0.82x | 2.39x | $-615.66 Million |
| 2020 | -23.85% | -18.91% | 0.58x | 2.19x | $-137.52 Million |
| 2021 | -25.13% | -15.28% | 0.68x | 2.40x | $-115.61 Million |
| 2022 | 1.21% | 0.53% | 0.84x | 2.72x | $-26.99 Million |
| 2023 | -4.57% | -2.55% | 0.90x | 1.99x | $-60.14 Million |
| 2024 | -42.30% | -16.58% | 1.00x | 2.55x | $-167.32 Million |
Industry Comparison
This section compares Forum Energy Technologies Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,848,289,599
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forum Energy Technologies Inc (FET) | $297.31 Million | 4.81% | 1.59x | $597.54 Million |
| ProFrac Holding Corp. (ACDC) | $1.35 Billion | 6.77% | 1.17x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $1.21 Billion | -4.16% | 0.84x | $1.64 Billion |
| Archrock Inc (AROC) | $871.02 Million | 12.05% | 2.05x | $6.33 Billion |
| Baker Hughes Co (BKR) | $19.01 Billion | 13.61% | 1.15x | $62.90 Billion |
| ChampionX Corporation (CHX) | $1.68 Billion | 9.24% | 1.02x | $4.94 Billion |
| Core Laboratories NV (CLB) | $257.74 Million | 12.18% | 1.29x | $636.52 Million |
| Drilling Tools International Corp. (DTI) | $88.69 Million | 16.63% | 0.49x | $76.38 Million |
| Dawson Geophysical Company (DWSN) | $52.69 Million | 3.57% | 0.64x | $62.41 Million |
| Enerflex Ltd. (EFXT) | $1.12 Billion | -9.37% | 0.68x | $2.57 Billion |
About Forum Energy Technologies Inc
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, industrial, 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,… Read more