FMC CORP (FMC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMC - US3024913036 - Common Stock
15.2 USD
+0.19 (+1.27%)
15.17 USD
-0.03 (-0.2%)
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
FMC had positive earnings in the past year.
In the past year FMC has reported a negative cash flow from operations.
FMC had positive earnings in each of the past 5 years.
Of the past 5 years FMC 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -4.41%, FMC is not doing good in the industry: 69.88% of the companies in the same industry are doing better.
FMC has a Return On Equity of -14.11%. This is in the lower half of the industry: FMC underperforms 68.67% of its industry peers.
The Return On Invested Capital of FMC (2.92%) is comparable to the rest of the industry.
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 last Return On Invested Capital (2.92%) for FMC is well below the 3 year average (7.90%), which needs to be investigated, but indicates that FMC had better years and this may not be a problem.
| 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
FMC's Profit Margin has declined in the last couple of years.
FMC's Operating Margin of 9.48% is in line compared to the rest of the industry. FMC outperforms 53.01% of its industry peers.
In the last couple of years the Operating Margin of FMC has declined.
Looking at the Gross Margin, with a value of 38.15%, FMC belongs to the top of the industry, outperforming 80.72% 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.
FMC has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, FMC has less shares outstanding
The debt/assets ratio for FMC has been reduced compared to a year ago.
2.2 Solvency
FMC has an Altman-Z score of 1.37. This is a bad value and indicates that FMC is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.37, FMC is doing worse than 68.67% of the companies in the same industry.
A Debt/Equity ratio of 1.18 is on the high side and indicates that FMC has dependencies on debt financing.
FMC's Debt to Equity ratio of 1.18 is on the low side compared to the rest of the industry. FMC is outperformed by 69.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.37 |
ROIC/WACC0.32
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.40 indicates that FMC should not have too much problems paying its short term obligations.
FMC has a worse Current ratio (1.40) than 75.90% of its industry peers.
FMC has a Quick Ratio of 1.05. 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 Quick ratio, with a value of 1.05, FMC is doing worse than 61.45% of the companies in the same industry.
| 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.
FMC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.61% yearly.
Looking at the last year, FMC shows a very negative growth in Revenue. The Revenue has decreased by -13.42% in the last year.
FMC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.63% yearly.
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
Based on estimates for the next years, FMC will show a small growth in Earnings Per Share. The EPS will grow by 1.55% on average per year.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FMC is valuated cheaply with a Price/Earnings ratio of 4.28.
96.39% of the companies in the same industry are more expensive than FMC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FMC to the average of the S&P500 Index (27.19), we can say FMC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.87, the valuation of FMC can be described as very cheap.
Based on the Price/Forward Earnings ratio, FMC is valued cheaply inside the industry as 95.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, FMC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.28 | ||
| Fwd PE | 5.87 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as FMC's earnings are expected to decrease with -3.06% in the coming years.
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%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of FMC has falen by -47.73%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 2.34, FMC pays a bit more dividend than its industry peers.
FMC's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| 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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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%
15.2
+0.19 (+1.27%)
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 Cap1.90B
Revenue(TTM)3.61B
Net Income(TTM)-532.30M
Analysts66.4
Price Target23.34 (53.55%)
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 | 4.28 | ||
| Fwd PE | 5.87 | ||
| P/S | 0.53 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.5 | ||
| P/tB | 54.72 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.55
EY23.36%
EPS(NY)2.59
Fwd EY17.03%
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
WACC8.98%
ROIC/WACC0.32
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.