FMC CORP (FMC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMC - US3024913036 - Common Stock
14.29 USD
+0.34 (+2.44%)
14.3175 USD
+0.03 (+0.19%)
We assign a fundamental rating of 4 out of 10 to FMC. FMC was compared to 81 industry peers in the Chemicals industry. While FMC is still in line with the averages on profitability rating, there are concerns on its financial health. FMC has a valuation in line with the averages, but it does not seem to be growing. Finally FMC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FMC was profitable.
In the past year FMC has reported a negative cash flow from operations.
FMC had positive earnings in each of the past 5 years.
FMC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -4.41%, FMC is doing worse than 70.37% of the companies in the same industry.
FMC's Return On Equity of -14.11% is on the low side compared to the rest of the industry. FMC is outperformed by 69.14% of its industry peers.
The Return On Invested Capital of FMC (2.92%) is comparable to the rest of the industry.
FMC had an Average Return On Invested Capital over the past 3 years of 7.90%. This is in line with the industry average of 6.07%.
The last Return On Invested Capital (2.92%) for FMC is well below the 3 year average (7.90%), which needs to be investigated, but indicates that FMC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.41% | ||
| ROE | -14.11% | ||
| ROIC | 2.92% |
ROA(3y)6.85%
ROA(5y)6.57%
ROE(3y)19.73%
ROE(5y)20.26%
ROIC(3y)7.9%
ROIC(5y)9.24%
1.3 Margins
FMC's Profit Margin has declined in the last couple of years.
The Operating Margin of FMC (9.48%) is comparable to the rest of the industry.
FMC's Operating Margin has declined in the last couple of years.
FMC has a Gross Margin of 38.15%. This is amongst the best in the industry. FMC outperforms 80.25% of its industry peers.
FMC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.48% | ||
| PM (TTM) | N/A | ||
| GM | 38.15% |
OM growth 3Y-11.44%
OM growth 5Y-6.44%
PM growth 3Y-18.08%
PM growth 5Y-4.96%
GM growth 3Y-3.37%
GM growth 5Y-2.99%
2. Health
2.1 Basic Checks
FMC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FMC remains at a similar level compared to 1 year ago.
FMC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for FMC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that FMC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FMC (1.36) is worse than 70.37% of its industry peers.
FMC has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
FMC has a Debt to Equity ratio of 1.18. This is in the lower half of the industry: FMC underperforms 69.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.36 |
ROIC/WACC0.33
WACC8.79%
2.3 Liquidity
A Current Ratio of 1.40 indicates that FMC should not have too much problems paying its short term obligations.
FMC has a Current ratio of 1.40. This is in the lower half of the industry: FMC underperforms 76.54% of its industry peers.
FMC has a Quick Ratio of 1.05. This is a normal value and indicates that FMC is financially healthy and should not expect problems in meeting its short term obligations.
FMC's Quick ratio of 1.05 is on the low side compared to the rest of the industry. FMC is outperformed by 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.09% over the past year.
The earnings per share for FMC have been decreasing by -10.61% on average. This is quite bad
FMC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.42%.
FMC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.63% yearly.
EPS 1Y (TTM)29.09%
EPS 3Y-20.59%
EPS 5Y-10.61%
EPS Q2Q%28.99%
Revenue 1Y (TTM)-13.42%
Revenue growth 3Y-5.59%
Revenue growth 5Y-1.63%
Sales Q2Q%-9.77%
3.2 Future
The Earnings Per Share is expected to decrease by -0.98% on average over the next years.
FMC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.02% yearly.
EPS Next Y-7.87%
EPS Next 2Y-3.68%
EPS Next 3Y1.85%
EPS Next 5Y-0.98%
Revenue Next Year-8.57%
Revenue Next 2Y-2.83%
Revenue Next 3Y-0.11%
Revenue Next 5Y-0.02%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.03 indicates a rather cheap valuation of FMC.
96.30% of the companies in the same industry are more expensive than FMC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.31. FMC is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 4.44, which indicates a rather cheap valuation of FMC.
Based on the Price/Forward Earnings ratio, FMC is valued cheaply inside the industry as 95.06% of the companies are valued more expensively.
FMC is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.03 | ||
| Fwd PE | 4.44 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.68%
EPS Next 3Y1.85%
5. Dividend
5.1 Amount
FMC has a Yearly Dividend Yield of 16.63%, which is a nice return.
In the last 3 months the price of FMC has falen by -63.45%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
FMC's Dividend Yield is rather good when compared to the industry average which is at 3.94. FMC pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, FMC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.63% |
5.2 History
On average, the dividend of FMC grows each year by 28.29%, which is quite nice.
FMC has paid a dividend for at least 10 years, which is a reliable track record.
FMC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)28.29%
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
DPN/A
EPS Next 2Y-3.68%
EPS Next 3Y1.85%
14.29
+0.34 (+2.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners96.71%
Inst Owner Change-3.25%
Ins Owners0.44%
Ins Owner Change0.91%
Market Cap1.79B
Revenue(TTM)3.61B
Net Income(TTM)-532.30M
Analysts68.8
Price Target27.5 (92.44%)
Short Float %9.37%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.63% |
Yearly Dividend2.33
Dividend Growth(5Y)28.29%
DPN/A
Div Incr Years0
Div Non Decr Years18
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.95%
Min EPS beat(2)2.94%
Max EPS beat(2)10.96%
EPS beat(4)4
Avg EPS beat(4)28.18%
Min EPS beat(4)2.94%
Max EPS beat(4)88.17%
EPS beat(8)7
Avg EPS beat(8)20.1%
EPS beat(12)9
Avg EPS beat(12)10.22%
EPS beat(16)13
Avg EPS beat(16)9.28%
Revenue beat(2)1
Avg Revenue beat(2)-3.04%
Min Revenue beat(2)-10.49%
Max Revenue beat(2)4.42%
Revenue beat(4)1
Avg Revenue beat(4)-3.5%
Min Revenue beat(4)-10.49%
Max Revenue beat(4)4.42%
Revenue beat(8)2
Avg Revenue beat(8)-3.99%
Revenue beat(12)3
Avg Revenue beat(12)-3.24%
Revenue beat(16)7
Avg Revenue beat(16)-1.44%
PT rev (1m)-42.26%
PT rev (3m)-42.26%
EPS NQ rev (1m)-30.97%
EPS NQ rev (3m)-31.43%
EPS NY rev (1m)-9.62%
EPS NY rev (3m)-10.12%
Revenue NQ rev (1m)-11.07%
Revenue NQ rev (3m)-11.41%
Revenue NY rev (1m)-5.53%
Revenue NY rev (3m)-5.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.03 | ||
| Fwd PE | 4.44 | ||
| P/S | 0.49 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.47 | ||
| P/tB | 51.44 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.55
EY24.84%
EPS(NY)3.22
Fwd EY22.53%
FCF(TTM)-2.73
FCFYN/A
OCF(TTM)-2.54
OCFYN/A
SpS28.89
BVpS30.21
TBVpS0.28
PEG (NY)N/A
PEG (5Y)N/A
Graham Number49.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.41% | ||
| ROE | -14.11% | ||
| ROCE | 4.23% | ||
| ROIC | 2.92% | ||
| ROICexc | 3.08% | ||
| ROICexgc | 5.37% | ||
| OM | 9.48% | ||
| PM (TTM) | N/A | ||
| GM | 38.15% | ||
| FCFM | N/A |
ROA(3y)6.85%
ROA(5y)6.57%
ROE(3y)19.73%
ROE(5y)20.26%
ROIC(3y)7.9%
ROIC(5y)9.24%
ROICexc(3y)8.37%
ROICexc(5y)9.87%
ROICexgc(3y)17.93%
ROICexgc(5y)22.19%
ROCE(3y)10.56%
ROCE(5y)12.26%
ROICexgc growth 3Y-26.4%
ROICexgc growth 5Y-15.61%
ROICexc growth 3Y-20.96%
ROICexc growth 5Y-11.11%
OM growth 3Y-11.44%
OM growth 5Y-6.44%
PM growth 3Y-18.08%
PM growth 5Y-4.96%
GM growth 3Y-3.37%
GM growth 5Y-2.99%
F-Score2
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 1.36 |
F-Score2
WACC8.79%
ROIC/WACC0.33
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)29.09%
EPS 3Y-20.59%
EPS 5Y-10.61%
EPS Q2Q%28.99%
EPS Next Y-7.87%
EPS Next 2Y-3.68%
EPS Next 3Y1.85%
EPS Next 5Y-0.98%
Revenue 1Y (TTM)-13.42%
Revenue growth 3Y-5.59%
Revenue growth 5Y-1.63%
Sales Q2Q%-9.77%
Revenue Next Year-8.57%
Revenue Next 2Y-2.83%
Revenue Next 3Y-0.11%
Revenue Next 5Y-0.02%
EBIT growth 1Y-35.82%
EBIT growth 3Y-16.39%
EBIT growth 5Y-7.96%
EBIT Next Year29.82%
EBIT Next 3Y14.82%
EBIT Next 5Y5.38%
FCF growth 1Y-67.9%
FCF growth 3Y-1.74%
FCF growth 5Y14.13%
OCF growth 1Y-423.06%
OCF growth 3Y-6.47%
OCF growth 5Y6.56%
FMC CORP / FMC FAQ
Can you provide the ChartMill fundamental rating for FMC CORP?
ChartMill assigns a fundamental rating of 4 / 10 to FMC.
What is the valuation status for FMC stock?
ChartMill assigns a valuation rating of 5 / 10 to FMC CORP (FMC). This can be considered as Fairly Valued.
What is the profitability of FMC stock?
FMC CORP (FMC) has a profitability rating of 4 / 10.
What is the financial health of FMC CORP (FMC) stock?
The financial health rating of FMC CORP (FMC) is 2 / 10.