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

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 ...
Furmanite Corporation Retains Lazard Freres and Adds Three New Independent ...
Business Wire (press release) - May 7, 2015
HOUSTON--(BUSINESS WIRE)--Furmanite Corporation (“Furmanite” or the “Company”) (NYSE:FRM) today announced that it has reached an agreement with Mustang Capital Management, LLC (“Mustang Capital”) with respect to Furmanite's 2015 Annual ...
Furmanite Enters into Definitive Agreement to Sell FTS Division
Business Wire (press release) - Sep 25, 2015
HOUSTON--(BUSINESS WIRE)--Furmanite Corporation (NYSE: FRM) (“Furmanite” or “the Company”) today announced that it has entered into a definitive agreement under which Burrow Global, LLC (“Burrow Global”) will acquire substantially all of the assets ...
Burrow Global, LLC, a Full-Service EPC Firm, Acquires Furmanite Technical ... - PR.com (press release)
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 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.
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 ...
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.
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)
Team (TISI) to Acquire Furmanite (FRM) in ~$355M Deal
StreetInsider.com - Nov 2, 2015
Team (NYSE: TISI) and Furmanite Corporation (NYSE: FRM) announced that the Boards of Directors of both companies have unanimously approved a definitive merger agreement under which Team will acquire all of the outstanding shares of Furmanite in a ...
Houston-area midstream merger leads to CEO retirement - Houston Business Journal
Sugar Land company buys Furmanite in $335 million deal - Chron.com (blog)