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DCF Valuation
Base-case fair value
$177.33
Intrinsic $236.44 · 25% MOS
Current price: $50.75
Base-case summary
Our base-case DCF for Forum Energy Technologies, Inc. (FET) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 525.7% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $59M in trailing free cash flow, this produces an intrinsic value of $236.44 per share. A 25% safety margin gives a fair value of $177.33, suggesting the stock is currently 249% undervalued against the $50.75 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$59M
Cash & equivalents
$37M
Total debt
$240M
Shares outstanding
12M