FMC CORP (FMC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMC - US3024913036 - Common Stock
12.75 USD
+0.57 (+4.68%)
12.87 USD
+0.12 (+0.94%)
Overall FMC gets a fundamental rating of 4 out of 10. We evaluated FMC against 81 industry peers in the Chemicals industry. There are concerns on the financial health of FMC while its profitability can be described as average. FMC is valued correctly, but it does not seem to be growing. FMC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FMC had positive earnings in the past year.
FMC had a negative operating cash flow in the past year.
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
FMC has a worse Return On Assets (-4.41%) than 69.51% 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 68.29% of its industry peers.
FMC has a Return On Invested Capital (2.92%) which 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 6.08%.
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.
The Operating Margin of FMC (9.48%) is comparable to the rest of the industry.
FMC's Operating Margin has declined in the last couple of years.
The Gross Margin of FMC (38.15%) is better than 80.49% 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
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 1.35. 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 1.35, FMC is doing worse than 69.51% of the companies in the same industry.
FMC has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
FMC has a Debt to Equity ratio of 1.18. This is in the lower half of the industry: FMC underperforms 69.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.35 |
ROIC/WACC0.34
WACC8.55%
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.
FMC has a Current ratio of 1.40. This is in the lower half of the industry: FMC underperforms 75.61% of its industry peers.
A Quick Ratio of 1.05 indicates that FMC should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.05, FMC is doing worse than 63.41% of the companies in the same industry.
| 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
The Earnings Per Share is expected to decrease by -0.98% on average over the next years.
FMC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.02% yearly.
EPS Next Y-7.87%
EPS Next 2Y-3.68%
EPS Next 3Y1.85%
EPS Next 5Y-0.98%
Revenue Next Year-8.57%
Revenue Next 2Y-2.83%
Revenue Next 3Y-0.11%
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
With a Price/Earnings ratio of 3.59, the valuation of FMC can be described as very cheap.
96.34% of the companies in the same industry are more expensive than FMC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.47. FMC is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 3.96, which indicates a rather cheap valuation of FMC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FMC indicates a rather cheap valuation: FMC is cheaper than 96.34% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.42, FMC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | 3.96 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.68%
EPS Next 3Y1.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 19.05%, FMC is a good candidate for dividend investing.
In the last 3 months the price of FMC has falen by -68.67%. 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 rather good when compared to the industry average which is at 4.16. FMC pays more dividend than 100.00% of the companies in the same industry.
FMC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 19.05% |
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-3.68%
EPS Next 3Y1.85%
12.75
+0.57 (+4.68%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners96.71%
Inst Owner Change-3.25%
Ins Owners0.44%
Ins Owner Change0.91%
Market Cap1.59B
Revenue(TTM)3.61B
Net Income(TTM)-532.30M
Analysts68.8
Price Target27.5 (115.69%)
Short Float %9.37%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 19.05% |
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)-42.26%
PT rev (3m)-42.26%
EPS NQ rev (1m)-30.97%
EPS NQ rev (3m)-31.43%
EPS NY rev (1m)-9.62%
EPS NY rev (3m)-10.12%
Revenue NQ rev (1m)-11.07%
Revenue NQ rev (3m)-11.41%
Revenue NY rev (1m)-5.53%
Revenue NY rev (3m)-5.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | 3.96 | ||
| P/S | 0.44 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.42 | ||
| P/tB | 45.9 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.55
EY27.84%
EPS(NY)3.22
Fwd EY25.25%
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 | 1.35 |
F-Score2
WACC8.55%
ROIC/WACC0.34
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-7.87%
EPS Next 2Y-3.68%
EPS Next 3Y1.85%
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-8.57%
Revenue Next 2Y-2.83%
Revenue Next 3Y-0.11%
Revenue Next 5Y-0.02%
EBIT growth 1Y-35.82%
EBIT growth 3Y-16.39%
EBIT growth 5Y-7.96%
EBIT Next Year29.82%
EBIT Next 3Y14.82%
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.