FRM  Furmanite Corporation

Exchange

NYSE

Sector

Basic Industries

Industry

Engineering & Construction

Market Cap.

212.09M

Vuru Grade

39.67/100

Current Price

$5.58
+0.15 (+2.76%)

Growth Price

$1.85
Overvalued by 66.91%

Stability Price

$0.12
Overvalued by 97.93%

Company Metrics

  • P/E 24.47
  • P/S 0.4
  • P/B 1.42
  • EPS 0.23
  • Cash ROIC 10.14%
  • Cash Ratio 0.21
  • Dividend 0 / 0%
  • Avg. Vol. 92,790.00
  • Shares 55.18M
  • Market Cap. 212.09M

Company Description

Furmanite Corporation, through its subsidiaries, provides technical services in Europe, North America, Latin America, the Middle East, Africa, and the Asia Pacific. It provides on-line repairs of leaks in valves, pipes, and other components of piping systems and related equipment used in flow-process industries; and on-site machining, bolting, valve repair, heat treating, and repair on such system... more


Download 10 Years of Financial Statements:
Income Statement   Balance Sheet   Cash Flow

News

Mustang Capital Announces Proxy Contest at Furmanite Corporation
PR Newswire (press release) - Dec 4, 2014
HOUSTON, Dec. 4, 2014 /PRNewswire/ -- Mustang Capital Management, LLC (together with its director nominees, "Mustang Capital"), a significant stockholder of Furmanite Corporation ("Furmanite" or the "Company") (NYSE: FRM), with beneficial ownership ...
Team (TISI) Completes Furmanite Acquisition
StreetInsider.com - Mar 1, 2016
Team, Inc. (NYSE: TISI) announced the successful completion of its merger with Furmanite Corporation, (“Furmanite”). With the closing of the merger transaction, each issued and outstanding share of Furmanite common stock has been converted into the ...
Robbins Arroyo LLP: Acquisition of Furmanite Corporation (FRM) by Team, Inc ...
Business Wire (press release) - Nov 6, 2015
SAN DIEGO & HOUSTON--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Furmanite Corp. (NYSE: FRM) by Team, Inc. (NYSE: TISI). On November 2, 2015, the two companies announced ...
Mustang Capital Calls on Stockholders of Furmanite Corporation to End the ...
Business Wire (press release) - Mar 23, 2015
HOUSTON--(BUSINESS WIRE)--Mustang Capital Management, LLC ("Mustang Capital"), beneficial owner (together with its board nominees) of approximately 4.9% of the outstanding common stock of Furmanite Corporation (“Furmanite” or the “Company”) ...
Houston energy services company tries to fend off investor activism - Houston Business Journal (blog)
Houston-area midstream merger leads to CEO retirement
Houston Business Journal - Nov 2, 2015
Sugar Land-based midstream company Team Inc. (NYSE: TISI) and Houston-based Furmanite Corp. (NYSE: FRM) have agreed to a $335 million merger that includes stock and debt.
Team (TISI) to Acquire Furmanite (FRM) in ~$355M Deal - StreetInsider.com
Sugar Land company buys Furmanite in $335 million deal - Chron.com (blog)
Furmanite Corporation Appoints Kathleen Cochran as Director
Business Wire (press release) - Jul 24, 2014
“On behalf of the Board and management team, we are pleased to welcome Kathy to Furmanite,” said Sangwoo Ahn, Presiding Non-executive Director and Chairman of the Board.
Furmanite Corporation Underscores Experience of Independent Board and Track ...
Business Wire (press release) - Apr 2, 2015
HOUSTON--(BUSINESS WIRE)--Furmanite Corporation (NYSE:FRM) today announced that it will mail a letter to shareholders in connection with the Company's 2015 Annual Meeting of Stockholders, scheduled for April 24, 2015.
Furmanite Corporation (NYSE:FRM) received a buyout offer from an undisclosed party
Inside Trade - May 5, 2015
Furmanite Corporation, together with its subsidiaries, provides specialized technical services. It operates in two segments, Technical Services and Engineering & Project Solutions.
Furmanite Corporation Acquires Self Leveling Machining Technology
Business Wire (press release) - Feb 28, 2011
DALLAS--(BUSINESS WIRE)--Furmanite Corporation (NYSE: FRM) today announced the expansion of its global on-site machining capabilities through the acquisition of Self Leveling Machines Pty Ltd.
Chairman of embattled energy company steps down
Houston Business Journal - Apr 24, 2015
Update: On April 27, the company postponed its annual meeting to May 7, a one-day extension of the previously announced postponement, to permit Furmanite stockholders to receive a full ten days' notice of the new meeting date.