On the stock market since 2012, it operates in the world of energy. It has 1,700 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Revenue is spread across several lines; no single product carries the company.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Profit indicators sit around the sector average.
Clearly below the class average.
The price isn’t cheap next to earnings — that’s why this grade sits in the middle.
This grade is a blend: the profit side is strong, the sales tempo slow.
The stock has been running stronger than the market lately.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
The stock trades 16% below its peak. The market has trimmed its expectations for the company.
Over the last 12 months, company executives reported 132 buys and 119 sells. Management buying with its own money is usually read as a good sign.
A loss of $9.7M against $791.5M in annual sales. And on top of that, sales fell from the year before.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 45/100.
On our five-subject report card, FET sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FET has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.