TECHNIPFMC PLC (FTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
46.32 USD
-0.1 (-0.22%)
46.32 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to FTI. FTI was compared to 60 industry peers in the Energy Equipment & Services industry. FTI has an excellent profitability rating, but there are some minor concerns on its financial health. FTI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FTI had positive earnings in the past year.
FTI had a positive operating cash flow in the past year.
In multiple years FTI reported negative net income over the last 5 years.
FTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.23%, FTI belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
FTI's Return On Equity of 28.42% is amongst the best of the industry. FTI outperforms 93.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.51%, FTI belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FTI is in line with the industry average of 7.48%.
The 3 year average ROIC (6.55%) for FTI is below the current ROIC(14.51%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.23% | ||
| ROE | 28.42% | ||
| ROIC | 14.51% |
ROA(3y)2.66%
ROA(5y)-1.72%
ROE(3y)8.58%
ROE(5y)-10.61%
ROIC(3y)6.55%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 9.67%, FTI is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Profit Margin of FTI has grown nicely.
With a decent Operating Margin value of 13.21%, FTI is doing good in the industry, outperforming 68.33% of the companies in the same industry.
FTI's Operating Margin has improved in the last couple of years.
The Gross Margin of FTI (20.94%) is worse than 68.33% of its industry peers.
In the last couple of years the Gross Margin of FTI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.21% | ||
| PM (TTM) | 9.67% | ||
| GM | 20.94% |
OM growth 3Y90%
OM growth 5Y46.09%
PM growth 3Y257.56%
PM growth 5YN/A
GM growth 3Y13.81%
GM growth 5Y4.5%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FTI is still creating some value.
Compared to 1 year ago, FTI has less shares outstanding
Compared to 5 years ago, FTI has less shares outstanding
The debt/assets ratio for FTI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.54 indicates that FTI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FTI (2.54) is better than 65.00% of its industry peers.
FTI has a debt to FCF ratio of 0.35. This is a very positive value and a sign of high solvency as it would only need 0.35 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.35, FTI belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
A Debt/Equity ratio of 0.14 indicates that FTI is not too dependend on debt financing.
FTI has a better Debt to Equity ratio (0.14) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | 2.54 |
ROIC/WACC1.61
WACC9.02%
2.3 Liquidity
FTI has a Current Ratio of 1.13. This is a normal value and indicates that FTI is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.13, FTI is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.87 indicates that FTI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.87, FTI is doing worse than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
FTI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 60.84%, which is quite impressive.
The Earnings Per Share has been growing by 24.99% on average over the past years. This is a very strong growth
FTI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.25%.
Measured over the past years, FTI shows a small growth in Revenue. The Revenue has been growing by 5.50% on average per year.
EPS 1Y (TTM)60.84%
EPS 3Y357.37%
EPS 5Y24.99%
EPS Q2Q%17.19%
Revenue 1Y (TTM)11.25%
Revenue growth 3Y12.36%
Revenue growth 5Y5.5%
Sales Q2Q%12.73%
3.2 Future
The Earnings Per Share is expected to grow by 15.01% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.29% on average over the next years.
EPS Next Y25.16%
EPS Next 2Y24.44%
EPS Next 3Y22.87%
EPS Next 5Y15.01%
Revenue Next Year10.31%
Revenue Next 2Y8.76%
Revenue Next 3Y7.6%
Revenue Next 5Y4.29%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.14 indicates a rather expensive valuation of FTI.
Based on the Price/Earnings ratio, FTI is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of FTI to the average of the S&P500 Index (26.54), we can say FTI is valued slightly cheaper.
With a Price/Forward Earnings ratio of 16.35, FTI is valued correctly.
Based on the Price/Forward Earnings ratio, FTI is valued a bit cheaper than the industry average as 61.67% of the companies are valued more expensively.
FTI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.14 | ||
| Fwd PE | 16.35 |
4.2 Price Multiples
FTI's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. FTI is more expensive than 83.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FTI is valued a bit cheaper than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.16 | ||
| EV/EBITDA | 10.62 |
4.3 Compensation for Growth
FTI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FTI has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FTI's earnings are expected to grow with 22.87% in the coming years.
PEG (NY)0.8
PEG (5Y)0.81
EPS Next 2Y24.44%
EPS Next 3Y22.87%
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, FTI is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.56, FTI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, FTI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
The dividend of FTI decreases each year by -17.29%.
FTI has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FTI decreased recently.
Dividend Growth(5Y)-17.29%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
8.81% of the earnings are spent on dividend by FTI. This is a low number and sustainable payout ratio.
DP8.81%
EPS Next 2Y24.44%
EPS Next 3Y22.87%
46.32
-0.1 (-0.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners103.2%
Inst Owner Change2.23%
Ins Owners0.86%
Ins Owner Change-14.75%
Market Cap18.74B
Revenue(TTM)9.78B
Net Income(TTM)945.90M
Analysts77.78
Price Target46.87 (1.19%)
Short Float %3.18%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.2
Dividend Growth(5Y)-17.29%
DP8.81%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.08%
Min EPS beat(2)12.2%
Max EPS beat(2)15.95%
EPS beat(4)3
Avg EPS beat(4)18.31%
Min EPS beat(4)-7.03%
Max EPS beat(4)52.13%
EPS beat(8)7
Avg EPS beat(8)28.78%
EPS beat(12)8
Avg EPS beat(12)-12.69%
EPS beat(16)8
Avg EPS beat(16)-181.59%
Revenue beat(2)2
Avg Revenue beat(2)0.62%
Min Revenue beat(2)0.01%
Max Revenue beat(2)1.23%
Revenue beat(4)3
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-2.29%
Max Revenue beat(4)1.91%
Revenue beat(8)6
Avg Revenue beat(8)1.68%
Revenue beat(12)10
Avg Revenue beat(12)1.7%
Revenue beat(16)11
Avg Revenue beat(16)0.67%
PT rev (1m)2.12%
PT rev (3m)11.95%
EPS NQ rev (1m)-0.33%
EPS NQ rev (3m)-4.34%
EPS NY rev (1m)0.16%
EPS NY rev (3m)3.76%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-0.2%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.14 | ||
| Fwd PE | 16.35 | ||
| P/S | 1.92 | ||
| P/FCF | 12.16 | ||
| P/OCF | 9.91 | ||
| P/B | 5.63 | ||
| P/tB | 6.57 | ||
| EV/EBITDA | 10.62 |
EPS(TTM)2.3
EY4.97%
EPS(NY)2.83
Fwd EY6.12%
FCF(TTM)3.81
FCFY8.22%
OCF(TTM)4.67
OCFY10.09%
SpS24.18
BVpS8.23
TBVpS7.05
PEG (NY)0.8
PEG (5Y)0.81
Graham Number20.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.23% | ||
| ROE | 28.42% | ||
| ROCE | 25.01% | ||
| ROIC | 14.51% | ||
| ROICexc | 17.48% | ||
| ROICexgc | 19.67% | ||
| OM | 13.21% | ||
| PM (TTM) | 9.67% | ||
| GM | 20.94% | ||
| FCFM | 15.75% |
ROA(3y)2.66%
ROA(5y)-1.72%
ROE(3y)8.58%
ROE(5y)-10.61%
ROIC(3y)6.55%
ROIC(5y)N/A
ROICexc(3y)8.36%
ROICexc(5y)N/A
ROICexgc(3y)9.72%
ROICexgc(5y)N/A
ROCE(3y)11.29%
ROCE(5y)N/A
ROICexgc growth 3Y120.68%
ROICexgc growth 5Y29.85%
ROICexc growth 3Y124.98%
ROICexc growth 5Y78.94%
OM growth 3Y90%
OM growth 5Y46.09%
PM growth 3Y257.56%
PM growth 5YN/A
GM growth 3Y13.81%
GM growth 5Y4.5%
F-Score8
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.35 | ||
| Debt/EBITDA | 0.27 | ||
| Cap/Depr | 78.76% | ||
| Cap/Sales | 3.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.9% | ||
| Profit Quality | 162.91% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.54 |
F-Score8
WACC9.02%
ROIC/WACC1.61
Cap/Depr(3y)57.73%
Cap/Depr(5y)57.63%
Cap/Sales(3y)2.78%
Cap/Sales(5y)3.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)60.84%
EPS 3Y357.37%
EPS 5Y24.99%
EPS Q2Q%17.19%
EPS Next Y25.16%
EPS Next 2Y24.44%
EPS Next 3Y22.87%
EPS Next 5Y15.01%
Revenue 1Y (TTM)11.25%
Revenue growth 3Y12.36%
Revenue growth 5Y5.5%
Sales Q2Q%12.73%
Revenue Next Year10.31%
Revenue Next 2Y8.76%
Revenue Next 3Y7.6%
Revenue Next 5Y4.29%
EBIT growth 1Y41.37%
EBIT growth 3Y113.48%
EBIT growth 5Y54.12%
EBIT Next Year81.66%
EBIT Next 3Y31.18%
EBIT Next 5Y16.71%
FCF growth 1Y351.91%
FCF growth 3Y4.84%
FCF growth 5Y11.51%
OCF growth 1Y238.51%
OCF growth 3Y7.14%
OCF growth 5Y2.52%
TECHNIPFMC PLC / FTI FAQ
Can you provide the ChartMill fundamental rating for TECHNIPFMC PLC?
ChartMill assigns a fundamental rating of 6 / 10 to FTI.
Can you provide the valuation status for TECHNIPFMC PLC?
ChartMill assigns a valuation rating of 5 / 10 to TECHNIPFMC PLC (FTI). This can be considered as Fairly Valued.
What is the profitability of FTI stock?
TECHNIPFMC PLC (FTI) has a profitability rating of 7 / 10.
What is the valuation of TECHNIPFMC PLC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TECHNIPFMC PLC (FTI) is 20.14 and the Price/Book (PB) ratio is 5.63.
Can you provide the dividend sustainability for FTI stock?
The dividend rating of TECHNIPFMC PLC (FTI) is 3 / 10 and the dividend payout ratio is 8.81%.