FMC CORP (FMC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMC - US3024913036 - Common Stock
13.83 USD
+0.27 (+1.99%)
13.7912 USD
-0.04 (-0.28%)
We assign a fundamental rating of 4 out of 10 to FMC. FMC was compared to 83 industry peers in the Chemicals industry. FMC has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
Each year in the past 5 years FMC has been profitable.
Of the past 5 years FMC 4 years had a positive operating cash flow.
1.2 Ratios
FMC's Return On Assets of -4.41% is on the low side compared to the rest of the industry. FMC is outperformed by 69.88% of its industry peers.
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.
Looking at the Return On Invested Capital, with a value of 2.92%, FMC is in line with its industry, outperforming 45.78% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FMC is in line with the industry average of 6.09%.
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
FMC's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 9.48%, FMC perfoms like the industry average, outperforming 54.22% of the companies in the same industry.
In the last couple of years the Operating Margin of FMC has declined.
FMC has a Gross Margin of 38.15%. This is amongst the best in the industry. FMC outperforms 80.72% of its industry peers.
In the last couple of years the Gross Margin of FMC has declined.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FMC is destroying value.
The number of shares outstanding for FMC remains at a similar level compared to 1 year ago.
Compared to 5 years ago, FMC has less shares outstanding
Compared to 1 year ago, FMC has an improved debt to assets ratio.
2.2 Solvency
FMC has an Altman-Z score of 1.36. This is a bad value and indicates that FMC is not financially healthy and even has some risk of bankruptcy.
FMC's Altman-Z score of 1.36 is on the low side compared to the rest of the industry. FMC is outperformed by 67.47% 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 69.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.36 |
ROIC/WACC0.33
WACC8.75%
2.3 Liquidity
A Current Ratio of 1.40 indicates that FMC should not have too much problems paying its short term obligations.
With a Current ratio value of 1.40, FMC is not doing good in the industry: 75.90% of the companies in the same industry are doing better.
A Quick Ratio of 1.05 indicates that FMC should not have too much problems paying its short term obligations.
FMC's Quick ratio of 1.05 is on the low side compared to the rest of the industry. FMC is outperformed by 61.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
FMC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.09%, which is quite impressive.
The earnings per share for FMC have been decreasing by -10.61% on average. This is quite bad
The Revenue for FMC has decreased by -13.42% in the past year. This is quite bad
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
Based on estimates for the next years, FMC will show a decrease in Earnings Per Share. The EPS will decrease by -0.98% on average per year.
The Revenue is expected to decrease by -0.02% on average over the next years.
EPS Next Y-13.37%
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
EPS Next 5Y-0.98%
Revenue Next Year-11.74%
Revenue Next 2Y-4.84%
Revenue Next 3Y-0.97%
Revenue Next 5Y-0.02%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 3.90, the valuation of FMC can be described as very cheap.
Based on the Price/Earnings ratio, FMC is valued cheaply inside the industry as 96.39% of the companies are valued more expensively.
FMC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.84.
The Price/Forward Earnings ratio is 5.34, which indicates a rather cheap valuation of FMC.
Based on the Price/Forward Earnings ratio, FMC is valued cheaply inside the industry as 96.39% of the companies are valued more expensively.
FMC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.9 | ||
| Fwd PE | 5.34 |
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 2.40%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of FMC has falen by -57.10%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
FMC's Dividend Yield is a higher than the industry average which is at 2.48.
Compared to an average S&P500 Dividend Yield of 2.00, FMC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
On average, the dividend of FMC grows each year by 28.29%, which is quite nice.
FMC has been paying a dividend for at least 10 years, so it has a reliable track record.
FMC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)28.29%
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
DPN/A
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
13.83
+0.27 (+1.99%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.54%
Inst Owner Change-3.25%
Ins Owners0.39%
Ins Owner Change0.91%
Market Cap1.73B
Revenue(TTM)3.61B
Net Income(TTM)-532.30M
Analysts67.2
Price Target23.34 (68.76%)
Short Float %9.97%
Short Ratio2.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
Yearly Dividend2.33
Dividend Growth(5Y)28.29%
DPN/A
Div Incr Years0
Div Non Decr Years18
Ex-Date
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)-15.14%
PT rev (3m)-51%
EPS NQ rev (1m)-1.65%
EPS NQ rev (3m)-32.03%
EPS NY rev (1m)-5.96%
EPS NY rev (3m)-15.48%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-11.48%
Revenue NY rev (1m)-3.47%
Revenue NY rev (3m)-9.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.9 | ||
| Fwd PE | 5.34 | ||
| P/S | 0.48 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.46 | ||
| P/tB | 49.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.55
EY25.67%
EPS(NY)2.59
Fwd EY18.72%
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 | 1.36 |
F-Score2
WACC8.75%
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 5Y-0.98%
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
Can you provide the ChartMill fundamental rating for FMC CORP?
ChartMill assigns a fundamental rating of 4 / 10 to FMC.
What is the valuation status for FMC stock?
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.
What is the financial health of FMC CORP (FMC) stock?
The financial health rating of FMC CORP (FMC) is 2 / 10.