TECHNIPFMC PLC (FTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
45.03 USD
+0.47 (+1.05%)
45.31 USD
+0.28 (+0.62%)
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 scores excellent on profitability, 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
In the past year FTI was profitable.
In the past year FTI had a positive cash flow from operations.
In multiple years FTI reported negative net income over the last 5 years.
In the past 5 years FTI always reported a positive cash flow from operatings.
1.2 Ratios
FTI has a Return On Assets of 9.23%. This is amongst the best in the industry. FTI outperforms 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.
FTI has a better Return On Invested Capital (14.51%) than 93.33% of its industry peers.
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
FTI has a better Profit Margin (9.67%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of FTI has grown nicely.
FTI's Operating Margin of 13.21% is fine compared to the rest of the industry. FTI outperforms 68.33% of its industry peers.
FTI's Operating Margin has improved in the last couple of years.
FTI has a Gross Margin of 20.94%. This is in the lower half of the industry: FTI underperforms 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.
The number of shares outstanding for FTI has been reduced compared to 1 year ago.
The number of shares outstanding for FTI has been reduced compared to 5 years ago.
The debt/assets ratio for FTI has been reduced compared to a year ago.
2.2 Solvency
FTI has an Altman-Z score of 2.52. This is not the best score and indicates that FTI is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.52, FTI is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
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.
FTI's Debt to FCF ratio of 0.35 is amongst the best of the industry. FTI outperforms 91.67% of its industry peers.
FTI has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.14, FTI is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | 2.52 |
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.
With a Current ratio value of 1.13, FTI is not doing good in the industry: 88.33% of the companies in the same industry are doing better.
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.
Looking at the Quick ratio, with a value of 0.87, FTI is doing worse than 88.33% of the companies in the same industry.
| 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.
Measured over the past years, FTI shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.99% on average per year.
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
FTI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.01% yearly.
Based on estimates for the next years, FTI will show a small growth in Revenue. The Revenue will grow by 4.29% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FTI is valuated rather expensively with a Price/Earnings ratio of 19.58.
Based on the Price/Earnings ratio, FTI is valued a bit cheaper than the industry average as 61.67% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of FTI to the average of the S&P500 Index (25.98), we can say FTI is valued slightly cheaper.
With a Price/Forward Earnings ratio of 16.04, FTI is valued correctly.
FTI's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 35.79. FTI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.58 | ||
| Fwd PE | 16.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FTI indicates a rather expensive valuation: FTI more expensive than 81.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, FTI is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.01 | ||
| EV/EBITDA | 10.47 |
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.
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 22.17% in the coming years.
PEG (NY)0.78
PEG (5Y)0.78
EPS Next 2Y23.84%
EPS Next 3Y22.17%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.46%, which is pretty low.
Compared to an average industry Dividend Yield of 3.03, FTI has a dividend in line with its industry peers.
With a Dividend Yield of 0.46, FTI pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
The dividend of FTI decreases each year by -17.29%.
FTI has paid a dividend for at least 10 years, which is 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 2Y23.84%
EPS Next 3Y22.17%
45.03
+0.47 (+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 Cap18.51B
Revenue(TTM)9.78B
Net Income(TTM)945.90M
Analysts77.78
Price Target46.34 (2.91%)
Short Float %3.39%
Short Ratio2.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
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)10%
PT rev (3m)10.67%
EPS NQ rev (1m)-2.11%
EPS NQ rev (3m)-3.77%
EPS NY rev (1m)2.61%
EPS NY rev (3m)3.6%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.58 | ||
| Fwd PE | 16.04 | ||
| P/S | 1.89 | ||
| P/FCF | 12.01 | ||
| P/OCF | 9.79 | ||
| P/B | 5.56 | ||
| P/tB | 6.49 | ||
| EV/EBITDA | 10.47 |
EPS(TTM)2.3
EY5.11%
EPS(NY)2.81
Fwd EY6.23%
FCF(TTM)3.75
FCFY8.33%
OCF(TTM)4.6
OCFY10.21%
SpS23.8
BVpS8.1
TBVpS6.94
PEG (NY)0.78
PEG (5Y)0.78
Graham Number20.47
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 | 2.52 |
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 19.58 and the Price/Book (PB) ratio is 5.56.
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%.