Forum Energy Technologies Stock Z Score

FET Stock

USD 18.66 0.02 0.11%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Forum Energy Piotroski F Score and Forum Energy Valuation analysis.

At this time, Forum Energy's Additional Paid In Capital is comparatively stable compared to the past year. Net Invested Capital is likely to gain to about 731.2 M in 2025, whereas Capital Lease Obligations is likely to drop slightly above 56.2 M in 2025. At this time, Forum Energy's Depreciation And Amortization is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 406.3 M in 2025, whereas Gross Profit is likely to drop slightly above 203.6 M in 2025.

Forum Energy Technologies Company Z Score Analysis

Forum Energy's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Forum Z Score 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 Z Score. 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	0.63	0.9	0.17	0.68	0.95	0.84	0.94	-0.13	0.68	0.86	0.77	0.19	0.69	0.74	0.85	-0.56	0.74	-0.35	0.6	0.82	0.82	0.77
Total Stockholder Equity	0.97		0.4	0.46	0.89	0.15	0.58	0.91	0.7	0.91	-0.13	0.63	0.81	0.63	0.1	0.69	0.77	0.78	-0.5	0.7	-0.37	0.59	0.8	0.77	0.71
Current Deferred Revenue	0.39	0.4		0.2	0.34	0.12	0.55	0.39	0.29	0.45	0.22	0.09	0.23	0.15	0.39	0.13	0.13	0.12	-0.43	0.42	-0.1	0.36	0.27	0.24	0.21
Net Debt	0.63	0.46	0.2		0.56	0.18	0.71	0.66	0.92	0.54	0.05	0.52	0.6	0.86	0.54	0.36	0.26	0.73	-0.55	0.55	-0.02	0.39	0.62	0.65	0.67
Retained Earnings	0.9	0.89	0.34	0.56		-0.09	0.53	0.97	0.72	0.75	0.19	0.36	0.72	0.71	0.39	0.42	0.83	0.8	-0.78	0.85	-0.48	0.84	0.96	0.94	0.87
Accounts Payable	0.17	0.15	0.12	0.18	-0.09		0.53	0.02	0.18	0.32	-0.43	0.46	0.2	0.04	-0.3	0.27	-0.3	0.03	0.43	-0.09	0.43	-0.5	-0.19	-0.19	-0.1
Net Receivables	0.68	0.58	0.55	0.71	0.53	0.53		0.63	0.77	0.72	-0.1	0.47	0.51	0.59	0.34	0.4	0.19	0.53	-0.41	0.7	0.11	0.3	0.44	0.45	0.45
Good Will	0.95	0.91	0.39	0.66	0.97	0.02	0.63		0.83	0.85	0.09	0.5	0.83	0.8	0.38	0.53	0.77	0.85	-0.72	0.82	-0.43	0.75	0.93	0.93	0.89
Total Liab	0.84	0.7	0.29	0.92	0.72	0.18	0.77	0.83		0.8	-0.13	0.65	0.79	0.95	0.35	0.56	0.51	0.81	-0.56	0.66	-0.21	0.49	0.71	0.75	0.75
Total Current Assets	0.94	0.91	0.45	0.54	0.75	0.32	0.72	0.85	0.8		-0.32	0.7	0.9	0.72	0.01	0.77	0.66	0.74	-0.36	0.61	-0.29	0.41	0.64	0.67	0.68
Short Term Debt	-0.13	-0.13	0.22	0.05	0.19	-0.43	-0.1	0.09	-0.13	-0.32		-0.45	-0.21	-0.11	0.69	-0.47	-0.02	0.13	-0.54	0.23	-0.01	0.42	0.35	0.33	0.29
Intangible Assets	0.68	0.63	0.09	0.52	0.36	0.46	0.47	0.5	0.65	0.7	-0.45		0.69	0.6	-0.22	0.79	0.21	0.64	0.1	0.15	0.16	-0.08	0.31	0.33	0.36
Common Stock	0.86	0.81	0.23	0.6	0.72	0.2	0.51	0.83	0.79	0.9	-0.21	0.69		0.79	0.01	0.79	0.69	0.82	-0.33	0.47	-0.39	0.36	0.68	0.76	0.84
Long Term Debt	0.77	0.63	0.15	0.86	0.71	0.04	0.59	0.8	0.95	0.72	-0.11	0.6	0.79		0.33	0.46	0.51	0.79	-0.51	0.56	-0.25	0.49	0.72	0.77	0.77
Treasury Stock	0.19	0.1	0.39	0.54	0.39	-0.3	0.34	0.38	0.35	0.01	0.69	-0.22	0.01	0.33		-0.3	0.04	0.33	-0.76	0.56	-0.05	0.62	0.52	0.49	0.43
Property Plant Equipment	0.69	0.69	0.13	0.36	0.42	0.27	0.4	0.53	0.56	0.77	-0.47	0.79	0.79	0.46	-0.3		0.52	0.61	-0.01	0.28	-0.16	0.07	0.33	0.4	0.46
Net Tangible Assets	0.74	0.77	0.13	0.26	0.83	-0.3	0.19	0.77	0.51	0.66	-0.02	0.21	0.69	0.51	0.04	0.52		0.62	-0.61	0.62	-0.74	0.74	0.77	0.78	0.74
Long Term Debt Total	0.85	0.78	0.12	0.73	0.8	0.03	0.53	0.85	0.81	0.74	0.13	0.64	0.82	0.79	0.33	0.61	0.62		-0.54	0.64	-0.21	0.51	0.84	0.88	0.88
Capital Surpluse	-0.56	-0.5	-0.43	-0.55	-0.78	0.43	-0.41	-0.72	-0.56	-0.36	-0.54	0.1	-0.33	-0.51	-0.76	-0.01	-0.61	-0.54		-0.82	0.5	-0.93	-0.82	-0.79	-0.7
Deferred Long Term Liab	0.74	0.7	0.42	0.55	0.85	-0.09	0.7	0.82	0.66	0.61	0.23	0.15	0.47	0.56	0.56	0.28	0.62	0.64	-0.82		-0.3	0.82	0.8	0.76	0.68
Short Long Term Debt	-0.35	-0.37	-0.1	-0.02	-0.48	0.43	0.11	-0.43	-0.21	-0.29	-0.01	0.16	-0.39	-0.25	-0.05	-0.16	-0.74	-0.21	0.5	-0.3		-0.55	-0.43	-0.44	-0.46
Cash And Equivalents	0.6	0.59	0.36	0.39	0.84	-0.5	0.3	0.75	0.49	0.41	0.42	-0.08	0.36	0.49	0.62	0.07	0.74	0.51	-0.93	0.82	-0.55		0.84	0.8	0.67
Net Invested Capital	0.82	0.8	0.27	0.62	0.96	-0.19	0.44	0.93	0.71	0.64	0.35	0.31	0.68	0.72	0.52	0.33	0.77	0.84	-0.82	0.8	-0.43	0.84		0.97	0.91
Net Working Capital	0.82	0.77	0.24	0.65	0.94	-0.19	0.45	0.93	0.75	0.67	0.33	0.33	0.76	0.77	0.49	0.4	0.78	0.88	-0.79	0.76	-0.44	0.8	0.97		0.96
Capital Stock	0.77	0.71	0.21	0.67	0.87	-0.1	0.45	0.89	0.75	0.68	0.29	0.36	0.84	0.77	0.43	0.46	0.74	0.88	-0.7	0.68	-0.46	0.67	0.91	0.96

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Forum Energy

According to the company's disclosures, Forum Energy Technologies has a Z Score of 0.0. This is 100.0% lower than that of the Energy Equipment & Services sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

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
Morgan Stanley - Brokerage Accounts	2024-12-31	111.8 K
Northern Trust Corp	2024-12-31	105.3 K
Renaissance Technologies Corp	2024-12-31	105.1 K
Bank Of America Corp	2024-12-31	103.6 K
Icon Wealth Advisors Llc	2024-12-31	91.8 K
Monaco Asset Management	2024-12-31	75.1 K
Ameriprise Financial Inc	2024-12-31	73.1 K
Bridgeway Capital Management, Llc	2024-12-31	72.3 K
American Century Companies Inc	2024-12-31	71.9 K
Blackrock Inc	2024-12-31	1.1 M
Mackay Shields Llc	2024-12-31	911.3 K

Forum Fundamentals

	Return On Equity	-0.37
	Return On Asset	0.0268
	Profit Margin	(0.17) %
	Operating Margin	0.04 %
	Current Valuation	372.91 M
	Shares Outstanding	12.28 M
	Shares Owned By Insiders	10.20 %
	Shares Owned By Institutions	66.00 %
	Number Of Shares Shorted	108.03 K
	Price To Earning	9.35 X
	Price To Book	0.72 X
	Price To Sales	0.28 X
	Revenue	816.4 M
	Gross Profit	255 M
	EBITDA	(86.8 M)
	Net Income	(135.3 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	26.00 X
	Cash Flow From Operations	92.2 M
	Short Ratio	1.62 X
	Earnings Per Share	(11.00) X
	Price To Earnings To Growth	(1.07) X
	Target Price	30.0
	Beta	2.39
	Market Capitalization	229.21 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.

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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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Forum Energy Technologies Stock Z Score

Forum Energy Technologies Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Forum Z Score Driver Correlations

Forum Energy ESG Sustainability

Forum Energy Institutional Holders

Forum Fundamentals

About Forum Energy Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Forum Stock Analysis

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