FET vs OIS Stock Comparison

Forum Energy Technologies and Oil States International Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

10 decided of 12

Forum Energy Technologies leads on 7 of the 12 questions below (Forum Energy Technologies 7, Oil States International 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFETOISLeader
Larger companyMarket capitalisation $1.02B $518.12M FET
Cheaper on earningsLower P/E, profitable companies only -642.1x -4.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.5x 15.3x OIS
Faster revenue growthRevenue growth, trailing twelve months +3.9% -2.8% FET
More profitableNet margin, trailing twelve months -0.2% -16.8% FET
Better return on capitalReturn on invested capital 0.0% -15.2% FET
Less leveragedLower net debt / EBITDA 1.6x 0.0x OIS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +187.2% +31.3% FET
Better 5-year returnAnnualised price return, 5 years +31.0%/yr +7.0%/yr FET
Less volatileAnnualised volatility, 1 year 55.2% 53.1% OIS
Higher overall scoreMean of the five percentile scores vs peers 49/100 48/100 FET

Percentile Scorecard

FETOIS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFETOIS
Valuation 17 #39 of 47 80 #10 of 47
Growth 77 #11 of 44 5 #42 of 44
Profitability 28 #30 of 41 5 #39 of 41
Financial Health 29 #33 of 46 80 #10 of 46
Shareholder Returns 97 #2 of 32 71 #10 of 32
Overall 49 48
  • FET ranked among 48 companies in Oilfield Services and Equipment
  • OIS ranked among 48 companies in Oilfield Services and Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFETOISSPY
1 month +7.2%+5.4% -0.8%
3 months +56.9%+2.8% +3.5%
6 months +40.0%-22.1% +7.0%
Year to date +140.3%+29.0% +12.2%
1 year +187.2%+31.3% +13.0%
3 years +306.4%+9.3% +86.3%
3 years, per year +59.6%+3.0% +23.1%
5 years +285.9%+40.4% +68.6%
5 years, per year +31.0%+7.0% +11.0%
10 years -77.6%-72.0% +258.0%
10 years, per year -13.9%-11.9% +13.6%

Risk

MeasureFETOISSPY
Volatility, 1Y 55.2%53.1% 12.7%
Downside volatility, 1Y 53.9%50.7% 12.7%
Beta vs S&P 500, 1Y 0.840.68 1.00
Return / volatility, 1Y 3.390.59 1.02
Max drawdown, 5Y -59.1%-68.7% -25.4%
From 52-week high 0.0%-39.3% -1.8%
52-week high $88.80$14.39 $779.14
52-week low $26.78$5.86 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFETOIS
P/E now vs peer median -633.3xmedian 25.5x -4.7xmedian 25.5x
P/S now vs peer median 1.2xmedian 1.2x 0.8xmedian 1.2x
EV/EBITDA now vs peer median 16.0xmedian 8.6x -10.2xmedian 8.6x
P/FCF now vs peer median 18.8xmedian 14.7x 9.8xmedian 14.7x
P/B now vs peer median 3.4xmedian 1.6x 0.9xmedian 1.6x
PEG now vs peer median -15.76median 0.41 0.03median 0.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFETOIS
Revenue $833.35M $645.67M
Gross profit $233.66M $128.41M
Operating income $38.17M -$92.90M
Net income -$1.58M -$108.33M
Free cash flow $53.22M $53.84M
EPS (diluted) $-0.13 $-1.85
Cash & equivalents $33.72M $19.80M
Total debt $143.71M $17.78M
Shares (diluted) 11.77M 58.63M
Enterprise value $878.88M $302.37M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFETOIS
P/E -633.3x -4.7x
P/FCF 18.8x 9.8x
P/Operating cash flow 16.8x 7.2x
P/S 1.2x 0.8x
P/B 3.4x 0.9x
P/Tangible book 4.8x 1.0x
EV/EBITDA 16.0x -10.2x
EV/EBIT 29.0x -5.6x
EV/Revenue 1.3x 0.8x
EV/FCF 20.8x 9.7x
EV/Operating cash flow 18.7x 7.2x
PEG (3Y EPS CAGR) -15.76 0.03

Growth

14 metrics
MetricFETOIS
Revenue growth (1Y) 3.9% -2.8%
Revenue CAGR (3Y) 3.7% -5.8%
Gross profit growth (1Y) -5.0% -16.6%
Gross profit CAGR (3Y) 4.5% -8.7%
Operating income growth (1Y) 151.3% -606.0%
Operating income CAGR (3Y) 8.0% -94.1%
Net income growth (1Y) 98.6% -1,697%
Net income CAGR (3Y) 37.3% -151.9%
EPS growth (1Y) 98.5% -1,711%
EPS CAGR (3Y) 40.2% -157.5%
Operating cash flow growth (1Y) -33.5% 1.9%
Operating cash flow CAGR (3Y) 145.5% -3.8%
Free cash flow growth (1Y) -35.4% 78.3%
Free cash flow CAGR (3Y) 178.4% 2.2%

Profitability

14 metrics
MetricFETOIS
Gross margin 28.0% 19.9%
EBITDA margin 8.3% -8.0%
Operating margin 4.6% -14.4%
Pretax margin 2.5% -15.5%
Net margin -0.2% -16.8%
FCF margin 6.4% 8.3%
Operating cash flow margin 7.1% 11.3%
Return on equity -0.6% -18.8%
Return on assets -0.2% -12.7%
Return on invested capital 0.0% -15.2%
Return on capital employed 7.0% -14.2%
Asset turnover 1.1x 0.8x
Cash conversion (OCF / net income) -37.5x -0.7x
Stock comp / revenue 1.3% 1.3%

Financial Health

11 metrics
MetricFETOIS
Debt / assets 18.6% 2.1%
Debt / equity 0.5x 0.0x
Net debt / EBITDA 1.6x 0.0x
Debt / FCF 2.7x 0.3x
Liabilities / assets 62.4% 30.7%
Equity / assets 37.6% 69.3%
Interest coverage – –
Current ratio 2.2x 2.4x
Quick ratio 0.9x 1.1x
Cash ratio 0.2x 0.1x
Altman Z-score 1.40 2.30

Shareholder Returns

7 metrics
MetricFETOIS
Dividend yield – –
Net buyback yield 3.6% 1.8%
Shareholder yield 3.6% 1.8%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFETOIS
Forward P/E 23.5xFY2026 15.3xFY2026
EPS, next fiscal year $3.78FY2026 $0.57FY2026
EPS growth, next FY +500.0%FY2026 +54.1%FY2026
EPS growth, the year after +37.8% +33.3%
Revenue, next fiscal year $871.25MFY2026 $598.44MFY2026
Revenue growth, next FY +10.1%FY2026 -10.5%FY2026
Revenue growth, the year after +13.9% +13.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFETOIS
Held by institutions 86.6% 88.3%
Institutions holding 161 196
Change in shares held, QoQ +10.7% -1.4%
Institutions buying 102 99
Institutions selling 42 72
Buyers to sellers 2.43 1.38

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FETOIS
FET 1.00 0.71
OIS 0.71 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FET and OIS?

Forum Energy Technologies (FET) is the largest by market capitalisation: Forum Energy Technologies (FET) $1.02B, Oil States International (OIS) $518.12M.

Which company is growing faster?

Forum Energy Technologies (FET) grew revenue fastest over the trailing twelve months: Forum Energy Technologies (FET) +3.9%, Oil States International (OIS) -2.8%.

Which company is more profitable?

Forum Energy Technologies (FET) has the highest net margin (Forum Energy Technologies (FET) -0.2%, Oil States International (OIS) -16.8%). On return on invested capital, Forum Energy Technologies (FET) leads (Forum Energy Technologies (FET) 0.0%, Oil States International (OIS) -15.2%).

Which stock has performed better?

Over the past year Forum Energy Technologies (FET) returned the most: Forum Energy Technologies (FET) +187.2%, Oil States International (OIS) +31.3%. Over five years, Forum Energy Technologies (FET) compounded fastest (Forum Energy Technologies (FET) +31.0%/yr, Oil States International (OIS) +7.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Oil States International (OIS) has been the steadiest (Forum Energy Technologies (FET) 55.2%, Oil States International (OIS) 53.1%). Volatility measures how widely the price swings, not the risk of the business.

Do FET and OIS move together?

Their daily returns over the past year have a correlation of 0.71, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, FET and OIS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Forum Energy Technologies (FET) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.