FMC CORP (FMC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMC - US3024913036 - Common Stock
13.56 USD
+0.23 (+1.73%)
13.51 USD
-0.05 (-0.37%)
Taking everything into account, FMC scores 3 out of 10 in our fundamental rating. FMC was compared to 84 industry peers in the Chemicals industry. FMC has a medium profitability rating, but doesn't score so well on its financial health evaluation. FMC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FMC was profitable.
FMC had a negative operating cash flow in the past year.
In the past 5 years FMC has always been profitable.
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 69.05% of its industry peers.
Looking at the Return On Equity, with a value of -14.11%, FMC is doing worse than 67.86% of the companies in the same industry.
FMC's Return On Invested Capital of 2.92% is in line compared to the rest of the industry. FMC outperforms 46.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FMC is in line with the industry average of 6.09%.
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.
Looking at the Operating Margin, with a value of 9.48%, FMC is in line with its industry, outperforming 54.76% of the companies in the same industry.
FMC's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 38.15%, FMC belongs to the best of the industry, outperforming 80.95% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FMC is destroying value.
Compared to 1 year ago, FMC has about the same amount of shares outstanding.
FMC has less shares outstanding than it did 5 years ago.
FMC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.35, we must say that FMC is in the distress zone and has some risk of bankruptcy.
FMC has a Altman-Z score of 1.35. This is in the lower half of the industry: FMC underperforms 66.67% of its industry peers.
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 70.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.35 |
ROIC/WACC0.33
WACC8.71%
2.3 Liquidity
A Current Ratio of 1.40 indicates that FMC should not have too much problems paying its short term obligations.
FMC's Current ratio of 1.40 is on the low side compared to the rest of the industry. FMC is outperformed by 76.19% 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.
With a Quick ratio value of 1.05, FMC is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| 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 decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.98% 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-12.84%
EPS Next 2Y-12.17%
EPS Next 3Y-2.28%
EPS Next 5Y-0.98%
Revenue Next Year-10.14%
Revenue Next 2Y-4.8%
Revenue Next 3Y-1%
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.
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 3.82.
96.43% of the companies in the same industry are more expensive than FMC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.57, FMC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.07, the valuation of FMC can be described as very cheap.
Based on the Price/Forward Earnings ratio, FMC is valued cheaper than 96.43% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.04. FMC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.82 | ||
| Fwd PE | 5.07 |
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 -2.28% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.17%
EPS Next 3Y-2.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.40%, FMC has a reasonable but not impressive dividend return.
In the last 3 months the price of FMC has falen by -59.69%. 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 2.45.
Compared to an average S&P500 Dividend Yield of 2.00, FMC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
The dividend of FMC is nicely growing with an annual growth rate of 28.29%!
FMC has been paying a dividend for at least 10 years, so it has 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)28.29%
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
DPN/A
EPS Next 2Y-12.17%
EPS Next 3Y-2.28%
13.56
+0.23 (+1.73%)
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 Cap1.69B
Revenue(TTM)3.61B
Net Income(TTM)-532.30M
Analysts67.2
Price Target23.34 (72.12%)
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)-42.59%
PT rev (3m)-44.1%
EPS NQ rev (1m)0.21%
EPS NQ rev (3m)-31.29%
EPS NY rev (1m)-5.39%
EPS NY rev (3m)-14.97%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-11.48%
Revenue NY rev (1m)-1.72%
Revenue NY rev (3m)-7.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.82 | ||
| Fwd PE | 5.07 | ||
| P/S | 0.47 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.45 | ||
| P/tB | 48.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.55
EY26.18%
EPS(NY)2.68
Fwd EY19.74%
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
WACC8.71%
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-12.84%
EPS Next 2Y-12.17%
EPS Next 3Y-2.28%
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-10.14%
Revenue Next 2Y-4.8%
Revenue Next 3Y-1%
Revenue Next 5Y-0.02%
EBIT growth 1Y-35.82%
EBIT growth 3Y-16.39%
EBIT growth 5Y-7.96%
EBIT Next Year20.3%
EBIT Next 3Y8.07%
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.