TECHNIPFMC PLC (FTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
50.07 USD
+0.63 (+1.27%)
49.79 USD
-0.28 (-0.56%)
Taking everything into account, FTI scores 6 out of 10 in our fundamental rating. FTI was compared to 62 industry peers in the Energy Equipment & Services industry. FTI scores excellent on profitability, but 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
In the past year FTI was profitable.
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 has a Return On Assets of 9.23%. This is amongst the best in the industry. FTI outperforms 91.94% of its industry peers.
FTI has a Return On Equity of 28.42%. This is amongst the best in the industry. FTI outperforms 96.77% of its industry peers.
The Return On Invested Capital of FTI (14.51%) is better than 96.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FTI is significantly below the industry average of 12.79%.
The 3 year average ROIC (6.55%) for FTI is below the current ROIC(14.51%), indicating increased profibility in the last year.
| 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's Profit Margin of 9.67% is fine compared to the rest of the industry. FTI outperforms 79.03% of its industry peers.
In the last couple of years the Profit Margin of FTI has grown nicely.
The Operating Margin of FTI (13.21%) is better than 70.97% of its industry peers.
FTI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 20.94%, FTI is not doing good in the industry: 67.74% of the companies in the same industry are doing better.
FTI's Gross Margin has improved in the last couple of years.
| 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.
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.
The debt/assets ratio for FTI has been reduced compared to a year ago.
2.2 Solvency
FTI has an Altman-Z score of 2.65. 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.
FTI has a Altman-Z score of 2.65. This is in the better half of the industry: FTI outperforms 67.74% 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.
FTI has a Debt to FCF ratio of 0.35. This is amongst the best in the industry. FTI outperforms 90.32% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that FTI is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.14, FTI is doing good in the industry, outperforming 75.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | 2.65 |
ROIC/WACC1.61
WACC9.03%
2.3 Liquidity
A Current Ratio of 1.13 indicates that FTI should not have too much problems paying 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 83.87% 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 85.48% of its industry peers.
| 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.
FTI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.99% yearly.
FTI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.25%.
The Revenue has been growing slightly by 5.50% on average over the past years.
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
The Earnings Per Share is expected to grow by 15.01% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.29% on average over the next years.
EPS Next Y25.16%
EPS Next 2Y24.44%
EPS Next 3Y22.87%
EPS Next 5Y15.01%
Revenue Next Year10.31%
Revenue Next 2Y8.76%
Revenue Next 3Y7.6%
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
A Price/Earnings ratio of 21.77 indicates a rather expensive valuation of FTI.
FTI's Price/Earnings ratio is a bit cheaper when compared to the industry. FTI is cheaper than 67.74% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, FTI is valued at the same level.
Based on the Price/Forward Earnings ratio of 17.67, the valuation of FTI can be described as rather expensive.
62.90% of the companies in the same industry are more expensive than FTI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, FTI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.77 | ||
| Fwd PE | 17.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued a bit more expensive than 77.42% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FTI is valued a bit cheaper than 72.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.14 | ||
| EV/EBITDA | 11.33 |
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.
FTI has a very decent profitability rating, which may justify a higher PE ratio.
FTI's earnings are expected to grow with 22.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.87
PEG (5Y)0.87
EPS Next 2Y24.44%
EPS Next 3Y22.87%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.40%, which is pretty low.
FTI's Dividend Yield is comparable with the industry average which is at 1.24.
With a Dividend Yield of 0.40, FTI pays less dividend than the S&P500 average, which is at 1.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
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.
FTI has decreased its dividend 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 2Y24.44%
EPS Next 3Y22.87%
50.07
+0.63 (+1.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners103.25%
Inst Owner Change0%
Ins Owners0.86%
Ins Owner Change-14.75%
Market Cap20.25B
Revenue(TTM)9.78B
Net Income(TTM)945.90M
Analysts77.78
Price Target47.36 (-5.41%)
Short Float %3.24%
Short Ratio3.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
Yearly Dividend0.2
Dividend Growth(5Y)-17.29%
DP8.81%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)-181.53%
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)0.7%
PT rev (1m)2.2%
PT rev (3m)12.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.49%
EPS NY rev (1m)0%
EPS NY rev (3m)3.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.77 | ||
| Fwd PE | 17.67 | ||
| P/S | 2.07 | ||
| P/FCF | 13.14 | ||
| P/OCF | 10.72 | ||
| P/B | 6.09 | ||
| P/tB | 7.1 | ||
| EV/EBITDA | 11.33 |
EPS(TTM)2.3
EY4.59%
EPS(NY)2.83
Fwd EY5.66%
FCF(TTM)3.81
FCFY7.61%
OCF(TTM)4.67
OCFY9.33%
SpS24.18
BVpS8.23
TBVpS7.05
PEG (NY)0.87
PEG (5Y)0.87
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 | 2.65 |
F-Score8
WACC9.03%
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 Y25.16%
EPS Next 2Y24.44%
EPS Next 3Y22.87%
EPS Next 5Y15.01%
Revenue 1Y (TTM)11.25%
Revenue growth 3Y12.36%
Revenue growth 5Y5.5%
Sales Q2Q%12.73%
Revenue Next Year10.31%
Revenue Next 2Y8.76%
Revenue Next 3Y7.6%
Revenue Next 5Y4.29%
EBIT growth 1Y41.37%
EBIT growth 3Y113.48%
EBIT growth 5Y54.12%
EBIT Next Year81.87%
EBIT Next 3Y31.18%
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.
What is the valuation status of TECHNIPFMC PLC (FTI) stock?
ChartMill assigns a valuation rating of 5 / 10 to TECHNIPFMC PLC (FTI). This can be considered as Fairly Valued.
Can you provide the profitability details for TECHNIPFMC PLC?
TECHNIPFMC PLC (FTI) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for FTI stock?
The Price/Earnings (PE) ratio for TECHNIPFMC PLC (FTI) is 21.77 and the Price/Book (PB) ratio is 6.09.
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%.