A company still losing money with steady sales. Institutions are adding.
Watch out for
Losing money
Money moves
Insiders sold $451K in the last 30 days
Institutions added 11% to their holdings in the quarter ending June 2026 (104 bought, 87 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$88.94+2.1% that day
Company value
$1.0B
Share price times all shares
Price vs sales
1.2x
No profit over the last year, so this compares value with sales instead
Cash vs value
4%
Cash as a share of company value
Debt vs value
14%
Debt as a share of company value
From FET's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Mar '26
$208.7M+8.0% vs a year earlier
Jun '23Tap a barMar '26
Last 12 months: $806.9M, down 0.1% from the 12 months before. Over 5 years, sales grew about 9.1% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of FET. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$807M
Profit in 5 years$81M
Price these guesses point to$107.07+20% vs $88.94 todayAbout +3.8% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 3.6% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.