TECHNIPFMC PLC (FTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
46.02 USD
-0.49 (-1.05%)
46.13 USD
+0.11 (+0.24%)
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. While FTI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FTI is not valued too expensively and it also shows a decent growth rate.
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.
Each year in the past 5 years FTI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FTI (9.23%) is better than 90.00% of its industry peers.
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.
Measured over the past 3 years, the Average Return On Invested Capital for FTI is in line with the industry average of 7.66%.
The last Return On Invested Capital (14.51%) for FTI is above the 3 year average (6.55%), which is a sign of increasing profitability.
| 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
The Profit Margin of FTI (9.67%) is better than 75.00% of its industry peers.
In the last couple of years the Profit Margin of FTI has grown nicely.
FTI has a better Operating Margin (13.21%) than 68.33% of its industry peers.
In the last couple of years the Operating Margin of FTI has grown nicely.
With a Gross Margin value of 20.94%, FTI is not doing good in the industry: 68.33% of the companies in the same industry are doing better.
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
FTI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, FTI has less shares outstanding
The number of shares outstanding for FTI has been reduced compared to 5 years ago.
FTI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.55 indicates that FTI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FTI (2.55) is better than 66.67% of its industry peers.
The Debt to FCF ratio of FTI is 0.35, which is an excellent value as it means it would take FTI, only 0.35 years of fcf income to pay off 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 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | 2.55 |
ROIC/WACC1.61
WACC9%
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.
FTI's Current ratio of 1.13 is on the low side compared to the rest of the industry. FTI is outperformed by 88.33% of its industry peers.
FTI has a Quick Ratio of 1.13. This is a bad value and indicates that FTI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.87, FTI is not doing good in the industry: 88.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 60.84% over the past year.
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
Based on estimates for the next years, FTI will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.01% on average per year.
The Revenue is expected to grow by 4.29% on average over the next years.
EPS Next Y24.96%
EPS Next 2Y23.84%
EPS Next 3Y22.17%
EPS Next 5Y15.01%
Revenue Next Year10.36%
Revenue Next 2Y8.87%
Revenue Next 3Y7.61%
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
With a Price/Earnings ratio of 20.01, FTI is valued on the expensive side.
Based on the Price/Earnings ratio, FTI is valued a bit cheaper than 63.33% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.46. FTI is valued slightly cheaper when compared to this.
FTI is valuated correctly with a Price/Forward Earnings ratio of 16.40.
Based on the Price/Forward Earnings ratio, FTI is valued a bit cheaper than 61.67% of the companies in the same industry.
FTI is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.01 | ||
| Fwd PE | 16.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued expensively inside the industry as 81.67% of the companies are valued cheaper.
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 | 12.08 | ||
| EV/EBITDA | 10.64 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of FTI may justify a higher PE ratio.
A more expensive valuation may be justified as FTI's earnings are expected to grow with 22.17% in the coming years.
PEG (NY)0.8
PEG (5Y)0.8
EPS Next 2Y23.84%
EPS Next 3Y22.17%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.44%, which is pretty low.
FTI's Dividend Yield is comparable with the industry average which is at 2.95.
Compared to an average S&P500 Dividend Yield of 2.32, FTI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
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
FTI pays out 8.81% of its income as dividend. This is a sustainable payout ratio.
DP8.81%
EPS Next 2Y23.84%
EPS Next 3Y22.17%
46.02
-0.49 (-1.05%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners99.1%
Inst Owner Change2.22%
Ins Owners1.11%
Ins Owner Change-14.67%
Market Cap18.62B
Revenue(TTM)9.78B
Net Income(TTM)945.90M
Analysts77.78
Price Target46.34 (0.7%)
Short Float %3.18%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.44% |
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)0.95%
PT rev (3m)10.67%
EPS NQ rev (1m)-1.33%
EPS NQ rev (3m)-4.89%
EPS NY rev (1m)2.61%
EPS NY rev (3m)3.6%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.01 | ||
| Fwd PE | 16.4 | ||
| P/S | 1.9 | ||
| P/FCF | 12.08 | ||
| P/OCF | 9.85 | ||
| P/B | 5.59 | ||
| P/tB | 6.53 | ||
| EV/EBITDA | 10.64 |
EPS(TTM)2.3
EY5%
EPS(NY)2.81
Fwd EY6.1%
FCF(TTM)3.81
FCFY8.28%
OCF(TTM)4.67
OCFY10.15%
SpS24.18
BVpS8.23
TBVpS7.05
PEG (NY)0.8
PEG (5Y)0.8
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 | 2.55 |
F-Score8
WACC9%
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 Y24.96%
EPS Next 2Y23.84%
EPS Next 3Y22.17%
EPS Next 5Y15.01%
Revenue 1Y (TTM)11.25%
Revenue growth 3Y12.36%
Revenue growth 5Y5.5%
Sales Q2Q%12.73%
Revenue Next Year10.36%
Revenue Next 2Y8.87%
Revenue Next 3Y7.61%
Revenue Next 5Y4.29%
EBIT growth 1Y41.37%
EBIT growth 3Y113.48%
EBIT growth 5Y54.12%
EBIT Next Year83.47%
EBIT Next 3Y29.67%
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 6 / 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 20.01 and the Price/Book (PB) ratio is 5.59.
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%.