TECHNIPFMC PLC (FTI)
GB00BDSFG982 - Common Stock
Taking everything into account, FTI scores 5 out of 10 in our fundamental rating. FTI was compared to 59 industry peers in the Energy Equipment & Services industry. FTI has only an average score on both its financial health and profitability. 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.
The reported net income has been mixed in the past 5 years: FTI reported negative net income in multiple years.
FTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FTI's Return On Assets of 6.90% is fine compared to the rest of the industry. FTI outperforms 66.10% of its industry peers.
FTI's Return On Equity of 20.59% is amongst the best of the industry. FTI outperforms 86.44% of its industry peers.
With an excellent Return On Invested Capital value of 14.01%, FTI belongs to the best of the industry, outperforming 86.44% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FTI is below the industry average of 8.50%.
The last Return On Invested Capital (14.01%) for FTI is above the 3 year average (4.18%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 20.59% | ||
| ROIC | 14.01% |
ROA(3y)-0.14%
ROA(5y)-5.48%
ROE(3y)-0.38%
ROE(5y)-22.36%
ROIC(3y)4.18%
ROIC(5y)N/A
1.3 Margins
FTI has a Profit Margin of 7.63%. This is comparable to the rest of the industry: FTI outperforms 57.63% of its industry peers.
FTI has a Operating Margin (10.40%) which is comparable to the rest of the industry.
FTI's Operating Margin has declined in the last couple of years.
FTI has a Gross Margin of 19.25%. This is in the lower half of the industry: FTI underperforms 71.19% of its industry peers.
In the last couple of years the Gross Margin of FTI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.4% | ||
| PM (TTM) | 7.63% | ||
| GM | 19.25% |
OM growth 3YN/A
OM growth 5Y-2.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.24%
GM growth 5Y-2.12%
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
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
FTI has an Altman-Z score of 1.78. This is a bad value and indicates that FTI is not financially healthy and even has some risk of bankruptcy.
FTI has a Altman-Z score (1.78) which is in line with its industry peers.
FTI has a debt to FCF ratio of 1.29. This is a very positive value and a sign of high solvency as it would only need 1.29 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.29, FTI is in the better half of the industry, outperforming 77.97% of the companies in the same industry.
FTI has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of FTI (0.22) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.29 | ||
| Altman-Z | 1.78 |
ROIC/WACC1.64
WACC8.54%
2.3 Liquidity
A Current Ratio of 1.14 indicates that FTI should not have too much problems paying its short term obligations.
The Current ratio of FTI (1.14) is worse than 93.22% of its industry peers.
A Quick Ratio of 0.87 indicates that FTI may have some problems paying its short term obligations.
The Quick ratio of FTI (0.87) is worse than 91.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| 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 450.00%, which is quite impressive.
Measured over the past years, FTI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.42% on average per year.
The Revenue has grown by 18.18% in the past year. This is quite good.
The Revenue has been decreasing by -9.02% on average over the past years.
EPS 1Y (TTM)450%
EPS 3Y33.3%
EPS 5Y-10.42%
EPS Q2Q%204.76%
Revenue 1Y (TTM)18.18%
Revenue growth 3Y6.21%
Revenue growth 5Y-9.02%
Sales Q2Q%14.17%
3.2 Future
The Earnings Per Share is expected to grow by 45.97% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.57% on average over the next years.
EPS Next Y262.52%
EPS Next 2Y111.26%
EPS Next 3Y77.99%
EPS Next 5Y45.97%
Revenue Next Year17.15%
Revenue Next 2Y13.38%
Revenue Next 3Y11.8%
Revenue Next 5Y7.57%
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
Based on the Price/Earnings ratio of 20.20, the valuation of FTI can be described as rather expensive.
FTI's Price/Earnings ratio is in line with the industry average.
FTI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.38 indicates a correct valuation of FTI.
The rest of the industry has a similar Price/Forward Earnings ratio as FTI.
When comparing the Price/Forward Earnings ratio of FTI to the average of the S&P500 Index (22.83), we can say FTI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.2 | ||
| Fwd PE | 14.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued a bit more expensive than 76.27% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as FTI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.35 | ||
| EV/EBITDA | 9.57 |
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.
A more expensive valuation may be justified as FTI's earnings are expected to grow with 77.99% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y111.26%
EPS Next 3Y77.99%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.65%, which is pretty low.
FTI's Dividend Yield is comparable with the industry average which is at 3.48.
With a Dividend Yield of 0.65, FTI pays less dividend than the S&P500 average, which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
5.2 History
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)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
12.87% of the earnings are spent on dividend by FTI. This is a low number and sustainable payout ratio.
DP12.87%
EPS Next 2Y111.26%
EPS Next 3Y77.99%
TECHNIPFMC PLC
NYSE:FTI (12/20/2024, 8:13:29 PM)
After market: 28.89 0 (0%)28.89
+0.26 (+0.91%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners96.87%
Inst Owner Change1.25%
Ins Owners1.99%
Ins Owner Change-0.3%
Market Cap12.29B
Analysts78.57
Price Target32.66 (13.05%)
Short Float %1.62%
Short Ratio2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Dividend Growth(5Y)N/A
DP12.87%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)51.3%
Min EPS beat(2)39.22%
Max EPS beat(2)63.37%
EPS beat(4)4
Avg EPS beat(4)39.24%
Min EPS beat(4)16.11%
Max EPS beat(4)63.37%
EPS beat(8)5
Avg EPS beat(8)-28.19%
EPS beat(12)5
Avg EPS beat(12)-248.22%
EPS beat(16)6
Avg EPS beat(16)-235.38%
Revenue beat(2)1
Avg Revenue beat(2)1.08%
Min Revenue beat(2)-0.83%
Max Revenue beat(2)2.99%
Revenue beat(4)3
Avg Revenue beat(4)3.15%
Min Revenue beat(4)-0.83%
Max Revenue beat(4)8.38%
Revenue beat(8)7
Avg Revenue beat(8)2.44%
Revenue beat(12)8
Avg Revenue beat(12)0.83%
Revenue beat(16)10
Avg Revenue beat(16)-2.65%
PT rev (1m)5.99%
PT rev (3m)6.01%
EPS NQ rev (1m)0.44%
EPS NQ rev (3m)10.4%
EPS NY rev (1m)1.22%
EPS NY rev (3m)22.15%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)3.03%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.2 | ||
| Fwd PE | 14.38 | ||
| P/S | 1.4 | ||
| P/FCF | 14.35 | ||
| P/OCF | 11.35 | ||
| P/B | 3.77 | ||
| P/tB | 4.52 | ||
| EV/EBITDA | 9.57 |
EPS(TTM)1.43
EY4.95%
EPS(NY)2.01
Fwd EY6.95%
FCF(TTM)2.01
FCFY6.97%
OCF(TTM)2.55
OCFY8.81%
SpS20.67
BVpS7.66
TBVpS6.39
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 20.59% | ||
| ROCE | 17.73% | ||
| ROIC | 14.01% | ||
| ROICexc | 16.82% | ||
| ROICexgc | 19.25% | ||
| OM | 10.4% | ||
| PM (TTM) | 7.63% | ||
| GM | 19.25% | ||
| FCFM | 9.74% |
ROA(3y)-0.14%
ROA(5y)-5.48%
ROE(3y)-0.38%
ROE(5y)-22.36%
ROIC(3y)4.18%
ROIC(5y)N/A
ROICexc(3y)5.23%
ROICexc(5y)N/A
ROICexgc(3y)6.18%
ROICexgc(5y)N/A
ROCE(3y)5.29%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-27.23%
ROICexc growth 3YN/A
ROICexc growth 5Y6.02%
OM growth 3YN/A
OM growth 5Y-2.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.24%
GM growth 5Y-2.12%
F-Score8
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.29 | ||
| Debt/EBITDA | 0.55 | ||
| Cap/Depr | 59.69% | ||
| Cap/Sales | 2.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.66% | ||
| Profit Quality | 127.58% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 1.78 |
F-Score8
WACC8.54%
ROIC/WACC1.64
Cap/Depr(3y)50.4%
Cap/Depr(5y)61.13%
Cap/Sales(3y)2.74%
Cap/Sales(5y)3.85%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)450%
EPS 3Y33.3%
EPS 5Y-10.42%
EPS Q2Q%204.76%
EPS Next Y262.52%
EPS Next 2Y111.26%
EPS Next 3Y77.99%
EPS Next 5Y45.97%
Revenue 1Y (TTM)18.18%
Revenue growth 3Y6.21%
Revenue growth 5Y-9.02%
Sales Q2Q%14.17%
Revenue Next Year17.15%
Revenue Next 2Y13.38%
Revenue Next 3Y11.8%
Revenue Next 5Y7.57%
EBIT growth 1Y123.37%
EBIT growth 3YN/A
EBIT growth 5Y-10.95%
EBIT Next Year190.22%
EBIT Next 3Y60.37%
EBIT Next 5Y33.96%
FCF growth 1Y648.51%
FCF growth 3Y8.61%
FCF growth 5YN/A
OCF growth 1Y302.38%
OCF growth 3Y1.8%
OCF growth 5YN/A