FMC CORP (FMC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMC - US3024913036 - Common Stock
15.15 USD
-0.05 (-0.33%)
15.11 USD
-0.04 (-0.26%)
We assign a fundamental rating of 3 out of 10 to FMC. FMC was compared to 82 industry peers in the Chemicals industry. There are concerns on the financial health of FMC while its profitability can be described as average. FMC has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FMC was profitable.
In the past year FMC has reported a negative cash flow from operations.
FMC had positive earnings in each of the past 5 years.
FMC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FMC has a Return On Assets of -4.41%. This is in the lower half of the industry: FMC underperforms 70.73% of its industry peers.
FMC's Return On Equity of -14.11% is on the low side compared to the rest of the industry. FMC is outperformed by 69.51% of its industry peers.
FMC has a Return On Invested Capital of 2.92%. This is comparable to the rest of the industry: FMC outperforms 45.12% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FMC is in line with the industry average of 6.10%.
The 3 year average ROIC (7.90%) for FMC is well above the current ROIC(2.92%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.41% | ||
| ROE | -14.11% | ||
| ROIC | 2.92% |
ROA(3y)6.85%
ROA(5y)6.57%
ROE(3y)19.73%
ROE(5y)20.26%
ROIC(3y)7.9%
ROIC(5y)9.24%
1.3 Margins
In the last couple of years the Profit Margin of FMC has declined.
FMC has a Operating Margin (9.48%) which is in line with its industry peers.
FMC's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 38.15%, FMC belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
FMC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.48% | ||
| PM (TTM) | N/A | ||
| GM | 38.15% |
OM growth 3Y-11.44%
OM growth 5Y-6.44%
PM growth 3Y-18.08%
PM growth 5Y-4.96%
GM growth 3Y-3.37%
GM growth 5Y-2.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FMC is destroying value.
The number of shares outstanding for FMC remains at a similar level compared to 1 year ago.
The number of shares outstanding for FMC has been reduced compared to 5 years ago.
Compared to 1 year ago, FMC has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.37, we must say that FMC is in the distress zone and has some risk of bankruptcy.
FMC has a Altman-Z score of 1.37. This is in the lower half of the industry: FMC underperforms 69.51% of its industry peers.
FMC has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of FMC (1.18) is worse than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.37 |
ROIC/WACC0.33
WACC8.97%
2.3 Liquidity
FMC has a Current Ratio of 1.40. This is a normal value and indicates that FMC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.40, FMC is doing worse than 76.83% of the companies in the same industry.
A Quick Ratio of 1.05 indicates that FMC should not have too much problems paying its short term obligations.
FMC has a Quick ratio of 1.05. This is in the lower half of the industry: FMC underperforms 62.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.09% over the past year.
The earnings per share for FMC have been decreasing by -10.61% on average. This is quite bad
Looking at the last year, FMC shows a very negative growth in Revenue. The Revenue has decreased by -13.42% in the last year.
Measured over the past years, FMC shows a decrease in Revenue. The Revenue has been decreasing by -1.63% on average per year.
EPS 1Y (TTM)29.09%
EPS 3Y-20.59%
EPS 5Y-10.61%
EPS Q2Q%28.99%
Revenue 1Y (TTM)-13.42%
Revenue growth 3Y-5.59%
Revenue growth 5Y-1.63%
Sales Q2Q%-9.77%
3.2 Future
FMC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.55% yearly.
Based on estimates for the next years, FMC will show a decrease in Revenue. The Revenue will decrease by -0.02% on average per year.
EPS Next Y-13.37%
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
EPS Next 5Y1.55%
Revenue Next Year-11.74%
Revenue Next 2Y-4.84%
Revenue Next 3Y-0.97%
Revenue Next 5Y-0.02%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
FMC is valuated cheaply with a Price/Earnings ratio of 4.27.
Compared to the rest of the industry, the Price/Earnings ratio of FMC indicates a rather cheap valuation: FMC is cheaper than 96.34% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.25. FMC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 5.85, the valuation of FMC can be described as very cheap.
Based on the Price/Forward Earnings ratio, FMC is valued cheaper than 95.12% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, FMC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.27 | ||
| Fwd PE | 5.85 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FMC's earnings are expected to decrease with -3.06% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
5. Dividend
5.1 Amount
FMC has a Yearly Dividend Yield of 2.13%.
The stock price of FMC dropped by -48.47% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.34, FMC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, FMC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.13% |
5.2 History
FMC has paid a dividend for at least 10 years, which is a reliable track record.
FMC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
DPN/A
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
15.15
-0.05 (-0.33%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.28%
Inst Owner Change0.06%
Ins Owners0.39%
Ins Owner Change0.91%
Market Cap1.89B
Revenue(TTM)3.61B
Net Income(TTM)-532.30M
Analysts66.4
Price Target23.34 (54.06%)
Short Float %10.76%
Short Ratio2.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.13% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years18
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.95%
Min EPS beat(2)2.94%
Max EPS beat(2)10.96%
EPS beat(4)4
Avg EPS beat(4)28.18%
Min EPS beat(4)2.94%
Max EPS beat(4)88.17%
EPS beat(8)7
Avg EPS beat(8)20.1%
EPS beat(12)9
Avg EPS beat(12)10.22%
EPS beat(16)13
Avg EPS beat(16)9.28%
Revenue beat(2)1
Avg Revenue beat(2)-3.04%
Min Revenue beat(2)-10.49%
Max Revenue beat(2)4.42%
Revenue beat(4)1
Avg Revenue beat(4)-3.5%
Min Revenue beat(4)-10.49%
Max Revenue beat(4)4.42%
Revenue beat(8)2
Avg Revenue beat(8)-3.99%
Revenue beat(12)3
Avg Revenue beat(12)-3.24%
Revenue beat(16)7
Avg Revenue beat(16)-1.44%
PT rev (1m)-12.35%
PT rev (3m)-51%
EPS NQ rev (1m)-1.65%
EPS NQ rev (3m)-32.03%
EPS NY rev (1m)-0.6%
EPS NY rev (3m)-15.48%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-11.48%
Revenue NY rev (1m)-1.78%
Revenue NY rev (3m)-9.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.27 | ||
| Fwd PE | 5.85 | ||
| P/S | 0.52 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.5 | ||
| P/tB | 54.54 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.55
EY23.43%
EPS(NY)2.59
Fwd EY17.09%
FCF(TTM)-2.73
FCFYN/A
OCF(TTM)-2.54
OCFYN/A
SpS28.89
BVpS30.21
TBVpS0.28
PEG (NY)N/A
PEG (5Y)N/A
Graham Number49.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.41% | ||
| ROE | -14.11% | ||
| ROCE | 4.23% | ||
| ROIC | 2.92% | ||
| ROICexc | 3.08% | ||
| ROICexgc | 5.37% | ||
| OM | 9.48% | ||
| PM (TTM) | N/A | ||
| GM | 38.15% | ||
| FCFM | N/A |
ROA(3y)6.85%
ROA(5y)6.57%
ROE(3y)19.73%
ROE(5y)20.26%
ROIC(3y)7.9%
ROIC(5y)9.24%
ROICexc(3y)8.37%
ROICexc(5y)9.87%
ROICexgc(3y)17.93%
ROICexgc(5y)22.19%
ROCE(3y)10.56%
ROCE(5y)12.26%
ROICexgc growth 3Y-26.4%
ROICexgc growth 5Y-15.61%
ROICexc growth 3Y-20.96%
ROICexc growth 5Y-11.11%
OM growth 3Y-11.44%
OM growth 5Y-6.44%
PM growth 3Y-18.08%
PM growth 5Y-4.96%
GM growth 3Y-3.37%
GM growth 5Y-2.99%
F-Score2
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 1.37 |
F-Score2
WACC8.97%
ROIC/WACC0.33
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)29.09%
EPS 3Y-20.59%
EPS 5Y-10.61%
EPS Q2Q%28.99%
EPS Next Y-13.37%
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
EPS Next 5Y1.55%
Revenue 1Y (TTM)-13.42%
Revenue growth 3Y-5.59%
Revenue growth 5Y-1.63%
Sales Q2Q%-9.77%
Revenue Next Year-11.74%
Revenue Next 2Y-4.84%
Revenue Next 3Y-0.97%
Revenue Next 5Y-0.02%
EBIT growth 1Y-35.82%
EBIT growth 3Y-16.39%
EBIT growth 5Y-7.96%
EBIT Next Year19.92%
EBIT Next 3Y7.69%
EBIT Next 5Y5.38%
FCF growth 1Y-67.9%
FCF growth 3Y-1.74%
FCF growth 5Y14.13%
OCF growth 1Y-423.06%
OCF growth 3Y-6.47%
OCF growth 5Y6.56%
FMC CORP / FMC FAQ
What is the ChartMill fundamental rating of FMC CORP (FMC) stock?
ChartMill assigns a fundamental rating of 3 / 10 to FMC.
Can you provide the valuation status for FMC CORP?
ChartMill assigns a valuation rating of 5 / 10 to FMC CORP (FMC). This can be considered as Fairly Valued.
What is the profitability of FMC stock?
FMC CORP (FMC) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for FMC stock?
The Earnings per Share (EPS) of FMC CORP (FMC) is expected to decline by -13.37% in the next year.