TECHNIPFMC PLC (FTI) Stock Fundamental Analysis
NYSE:FTI - New York Stock Exchange, Inc. - GB00BDSFG982 - Common Stock
Overall FTI gets a fundamental rating of 5 out of 10. We evaluated FTI against 58 industry peers in the Energy Equipment & Services industry. FTI has an average financial health and profitability rating. 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.
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 Return On Assets of 6.90%. This is in the better half of the industry: FTI outperforms 67.24% of its industry peers.
FTI has a better Return On Equity (20.59%) than 86.21% of its industry peers.
FTI has a better Return On Invested Capital (14.01%) than 86.21% of its industry peers.
FTI had an Average Return On Invested Capital over the past 3 years of 4.18%. This is below the industry average of 8.32%.
The 3 year average ROIC (4.18%) for FTI is below the current ROIC(14.01%), indicating increased profibility in the last year.
| 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 58.62% 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.
The Gross Margin of FTI (19.25%) is worse than 72.41% 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
FTI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
FTI has less shares outstanding than it did 1 year ago.
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 1.93 indicates that FTI is not a great score, but indicates only limited risk for bankruptcy at the moment.
FTI has a Altman-Z score (1.93) 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.
FTI has a better Debt to FCF ratio (1.29) than 81.03% 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.
Looking at the Debt to Equity ratio, with a value of 0.22, FTI is in the better half of the industry, outperforming 62.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.29 | ||
| Altman-Z | 1.93 |
ROIC/WACC1.6
WACC8.76%
2.3 Liquidity
FTI has a Current Ratio of 1.14. This is a normal value and indicates that FTI is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of FTI (1.14) is worse than 93.10% of its industry peers.
FTI has a Quick Ratio of 1.14. This is a bad value and indicates that FTI is not financially healthy enough and could expect problems in meeting its short term obligations.
FTI has a Quick ratio of 0.87. This is amonst the worse of the industry: FTI underperforms 93.10% 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.
The Revenue has grown by 18.18% in the past year. This is quite good.
Measured over the past years, FTI shows a decrease in Revenue. The Revenue has been decreasing by -9.02% on average per year.
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
Based on estimates for the next years, FTI will show a very strong growth in Earnings Per Share. The EPS will grow by 46.16% on average per year.
FTI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.98% yearly.
EPS Next Y266.07%
EPS Next 2Y112.67%
EPS Next 3Y78.95%
EPS Next 5Y46.16%
Revenue Next Year17.21%
Revenue Next 2Y13.43%
Revenue Next 3Y11.94%
Revenue Next 5Y7.98%
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
Based on the Price/Earnings ratio of 22.76, the valuation of FTI can be described as rather expensive.
FTI's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.29, FTI is valued at the same level.
A Price/Forward Earnings ratio of 15.99 indicates a correct valuation of FTI.
FTI's Price/Forward Earnings ratio is in line with the industry average.
FTI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 15.99 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued a bit more expensive than 77.59% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FTI indicates a somewhat cheap valuation: FTI is cheaper than 60.34% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.17 | ||
| EV/EBITDA | 10.86 |
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 78.95% in the coming years.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y112.67%
EPS Next 3Y78.95%
5. Dividend
5.1 Amount
With a yearly dividend of 0.61%, FTI is not a good candidate for dividend investing.
FTI's Dividend Yield is comparable with the industry average which is at 3.28.
Compared to an average S&P500 Dividend Yield of 2.28, FTI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
FTI has been paying a dividend for at least 10 years, so it has a reliable track record.
FTI has decreased its dividend 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 2Y112.67%
EPS Next 3Y78.95%
TECHNIPFMC PLC
NYSE:FTI (1/21/2025, 8:04:00 PM)
After market: 32.55 0 (0%)32.55
-0.02 (-0.06%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners96.12%
Inst Owner Change0.04%
Ins Owners0.99%
Ins Owner Change-0.23%
Market Cap13.85B
Analysts80
Price Target34.17 (4.98%)
Short Float %1.93%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP12.87%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)4.62%
PT rev (3m)12.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.4%
EPS NY rev (1m)0%
EPS NY rev (3m)23.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.03%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.76 | ||
| Fwd PE | 15.99 | ||
| P/S | 1.57 | ||
| P/FCF | 16.17 | ||
| P/OCF | 12.78 | ||
| P/B | 4.25 | ||
| P/tB | 5.1 | ||
| EV/EBITDA | 10.86 |
EPS(TTM)1.43
EY4.39%
EPS(NY)2.04
Fwd EY6.25%
FCF(TTM)2.01
FCFY6.18%
OCF(TTM)2.55
OCFY7.82%
SpS20.67
BVpS7.66
TBVpS6.39
PEG (NY)0.09
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 | 1.93 |
F-Score8
WACC8.76%
ROIC/WACC1.6
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 Y266.07%
EPS Next 2Y112.67%
EPS Next 3Y78.95%
EPS Next 5Y46.16%
Revenue 1Y (TTM)18.18%
Revenue growth 3Y6.21%
Revenue growth 5Y-9.02%
Sales Q2Q%14.17%
Revenue Next Year17.21%
Revenue Next 2Y13.43%
Revenue Next 3Y11.94%
Revenue Next 5Y7.98%
EBIT growth 1Y123.37%
EBIT growth 3YN/A
EBIT growth 5Y-10.95%
EBIT Next Year190.65%
EBIT Next 3Y61.31%
EBIT Next 5Y34.56%
FCF growth 1Y648.51%
FCF growth 3Y8.61%
FCF growth 5YN/A
OCF growth 1Y302.38%
OCF growth 3Y1.8%
OCF growth 5YN/A