Both in Oil & Gas Field Equipment
NOV vs Forum Energy Technologies
Over the past year NOV returned +32.1% and FET returned +217.2%; their daily moves had a correlation of 0.59.
NOV +32.1% FET +217.2%Growth of $1, one year, split-adjusted
| Metric | NOV | FET |
|---|---|---|
| Price | $19.29 | $84.94 |
| Market cap | $6.88B | $974.5M |
| Today | −0.36% | −4.30% |
| 1 month | +2.0% | +3.2% |
| 6 months | −2.9% | +44.6% |
| Year to date | +23.4% | +129.9% |
| 1 year | +26.0% | +164.4% |
| Revenue growth (YoY) | +2.3% | +20.7% |
| Gross margin | 19.7% | 31.4% |
| Net margin | 4.0% | 4.7% |
| P/E (TTM) | — | 32.3× |
| Price / sales | — | 1.1× |
| Net cash | -$649.0M | -$92.5M |
| Dividend yield | 1.87% | — |
| Volatility (60d) | 32.3% | 45.3% |
| Short % of float | 7.8% | 4.7% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).