` FET (Forum Energy Technologies Inc) vs S&P 500 Comparison - Alpha Spread

FET
vs
S&P 500

Over the past 12 months, FET has significantly outperformed S&P 500, delivering a return of +216% compared to the S&P 500's +15% growth.

Stocks Performance
FET vs S&P 500

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FET
S&P 500
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Performance Gap
FET vs S&P 500

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FET
S&P 500
Difference
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Performance By Year
FET vs S&P 500

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Competitors Performance
Forum Energy Technologies Inc vs Peers

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Forum Energy Technologies Inc
Glance View

Market Cap
656.4m USD
Industry
N/A

Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry. The company is headquartered in Houston, Texas and currently employs 1,400 full-time employees. The company went IPO on 2012-04-12. The Company’s segments include Drilling & Downhole, Completions and Production. The Drilling & Downhole segment designs and manufactures products and provides related services to the drilling, well construction, artificial lift and subsea energy construction and services markets, including applications in oil and natural gas, renewable energy, defense, and communications. The Completions segment designs, manufactures and supplies products and provides related services to the coiled tubing, well stimulation and intervention markets. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. The company offers its products to renewable energy and new energy companies for applications, such as offshore wind, geothermal power, and biogas. The company provides a range of industrial valves.

FET Intrinsic Value
49.0595 USD
Overvaluation 15%
Intrinsic Value
Price
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