TECHNIPFMC PLC (FTI)
GB00BDSFG982 - Common Stock
FTI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 60 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
In the past year FTI was profitable.
In the past year FTI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FTI reported negative net income in multiple years.
Each year in the past 5 years FTI had a positive operating cash flow.
1.2 Ratios
FTI has a better Return On Assets (6.90%) than 66.67% of its industry peers.
FTI has a Return On Equity of 20.59%. This is amongst the best in the industry. FTI outperforms 88.33% of its industry peers.
FTI has a Return On Invested Capital of 14.01%. This is amongst the best in the industry. FTI outperforms 86.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FTI is below the industry average of 8.14%.
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 (7.63%) which is in line with its industry peers.
FTI has a Operating Margin (10.40%) which is in line with its industry peers.
FTI's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 19.25%, FTI is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
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.
Compared to 1 year ago, FTI has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.77, we must say that FTI is in the distress zone and has some risk of bankruptcy.
FTI's Altman-Z score of 1.77 is in line compared to the rest of the industry. FTI outperforms 46.67% of its industry peers.
The Debt to FCF ratio of FTI is 1.29, which is an excellent value as it means it would take FTI, only 1.29 years of fcf income to pay off all of its debts.
FTI has a Debt to FCF ratio of 1.29. This is in the better half of the industry: FTI outperforms 80.00% of its industry peers.
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 | 1.77 |
ROIC/WACC1.69
WACC8.27%
2.3 Liquidity
A Current Ratio of 1.14 indicates that FTI should not have too much problems paying its short term obligations.
FTI has a worse Current ratio (1.14) than 90.00% of its industry peers.
A Quick Ratio of 0.87 indicates that FTI may have some problems paying its short term obligations.
FTI's Quick ratio of 0.87 is on the low side compared to the rest of the industry. FTI is outperformed by 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 450.00% over the past year.
FTI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.42% yearly.
Looking at the last year, FTI shows a quite strong growth in Revenue. The Revenue has grown by 18.18% in the last year.
FTI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -9.02% yearly.
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 42.63% on average over the next years. This is a very strong growth
FTI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.96% yearly.
EPS Next Y258.16%
EPS Next 2Y110.16%
EPS Next 3Y76.62%
EPS Next 5Y42.63%
Revenue Next Year17%
Revenue Next 2Y13.23%
Revenue Next 3Y11.87%
Revenue Next 5Y7.96%
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
The Price/Earnings ratio is 19.92, which indicates a rather expensive current valuation of FTI.
FTI's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.81, FTI is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 14.33, the valuation of FTI can be described as correct.
FTI's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of FTI to the average of the S&P500 Index (23.56), we can say FTI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.92 | ||
| Fwd PE | 14.33 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTI indicates a slightly more expensive valuation: FTI is more expensive than 70.00% of the companies listed in the same industry.
FTI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.15 | ||
| EV/EBITDA | 9.52 |
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.
A more expensive valuation may be justified as FTI's earnings are expected to grow with 76.62% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y110.16%
EPS Next 3Y76.62%
5. Dividend
5.1 Amount
With a yearly dividend of 0.70%, FTI is not a good candidate for dividend investing.
FTI's Dividend Yield is comparable with the industry average which is at 3.42.
Compared to an average S&P500 Dividend Yield of 2.21, FTI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
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
FTI pays out 12.87% of its income as dividend. This is a sustainable payout ratio.
DP12.87%
EPS Next 2Y110.16%
EPS Next 3Y76.62%
TECHNIPFMC PLC
NYSE:FTI (11/14/2024, 8:21:58 PM)
After market: 28.49 0 (0%)28.49
+0.25 (+0.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap12.12B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.92 | ||
| Fwd PE | 14.33 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.9% | ||
| ROE | 20.59% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.4% | ||
| PM (TTM) | 7.63% | ||
| GM | 19.25% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)450%
EPS 3Y33.3%
EPS 5Y
EPS Q2Q%
EPS Next Y258.16%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)18.18%
Revenue growth 3Y6.21%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y