FMC CORP (FMC) Stock Fundamental Analysis
USA - NYSE:FMC - US3024913036 - Common Stock
30.45 USD
+0.15 (+0.5%)
30.49 USD
+0.04 (+0.13%)
Taking everything into account, FMC scores 4 out of 10 in our fundamental rating. FMC was compared to 82 industry peers in the Chemicals industry. There are concerns on the financial health of FMC while its profitability can be described as average. FMC has a decent growth rate and is not valued too expensively. Finally FMC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FMC was profitable.
FMC had a positive operating cash flow in the past year.
In the past 5 years FMC has always been profitable.
FMC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FMC has a Return On Assets (0.81%) which is comparable to the rest of the industry.
FMC has a Return On Equity of 2.25%. This is comparable to the rest of the industry: FMC outperforms 54.22% of its industry peers.
With a Return On Invested Capital value of 5.01%, FMC perfoms like the industry average, outperforming 57.83% of the companies in the same 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 6.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 2.25% | ||
| ROIC | 5.01% |
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 has a Profit Margin (2.40%) which is comparable to the rest of the industry.
FMC's Profit Margin has declined in the last couple of years.
FMC has a Operating Margin of 14.64%. This is in the better half of the industry: FMC outperforms 77.11% of its industry peers.
In the last couple of years the Operating Margin of FMC has declined.
With an excellent Gross Margin value of 39.55%, FMC belongs to the best of the industry, outperforming 83.13% of the companies in the same industry.
In the last couple of years the Gross Margin of FMC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.64% | ||
| PM (TTM) | 2.4% | ||
| GM | 39.55% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FMC is destroying value.
Compared to 1 year ago, FMC has about the same amount of shares outstanding.
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 1.72, we must say that FMC is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.72, FMC perfoms like the industry average, outperforming 42.17% of the companies in the same industry.
FMC has a debt to FCF ratio of 261.84. This is a negative value and a sign of low solvency as FMC would need 261.84 years to pay back of all of its debts.
FMC has a Debt to FCF ratio (261.84) which is comparable to the rest of the industry.
FMC has a Debt/Equity ratio of 0.93. This is a neutral value indicating FMC is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.93, FMC is doing worse than 65.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 261.84 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.57
WACC8.8%
2.3 Liquidity
A Current Ratio of 1.53 indicates that FMC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.53, FMC is doing worse than 69.88% of the companies in the same industry.
A Quick Ratio of 1.14 indicates that FMC should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.14, FMC perfoms like the industry average, outperforming 43.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
FMC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.00%, which is quite impressive.
Measured over the past years, FMC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.61% on average per year.
The Revenue has been growing slightly by 1.16% in the past year.
FMC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.63% yearly.
EPS 1Y (TTM)34%
EPS 3Y-20.59%
EPS 5Y-10.61%
EPS Q2Q%9.52%
Revenue 1Y (TTM)1.16%
Revenue growth 3Y-5.59%
Revenue growth 5Y-1.63%
Sales Q2Q%1.17%
3.2 Future
FMC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.89% yearly.
FMC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.01% yearly.
EPS Next Y1.94%
EPS Next 2Y6.6%
EPS Next 3Y9.03%
EPS Next 5Y12.89%
Revenue Next Year-3.21%
Revenue Next 2Y0.59%
Revenue Next 3Y2.5%
Revenue Next 5Y6.01%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 9.09, the valuation of FMC can be described as reasonable.
87.95% of the companies in the same industry are more expensive than FMC, based on the Price/Earnings ratio.
FMC is valuated cheaply when we compare the Price/Earnings ratio to 26.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.72, the valuation of FMC can be described as very cheap.
Based on the Price/Forward Earnings ratio, FMC is valued cheaper than 91.57% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.99. FMC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| Fwd PE | 7.72 |
4.2 Price Multiples
FMC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 239.21 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.7
PEG (5Y)N/A
EPS Next 2Y6.6%
EPS Next 3Y9.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.66%, FMC is a good candidate for dividend investing.
In the last 3 months the price of FMC has falen by -29.53%. 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 3.69. FMC pays more dividend than 89.16% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, FMC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
5.2 History
The dividend of FMC is nicely growing with an annual growth rate of 28.29%!
FMC has been paying a dividend for at least 10 years, so it has 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
The dividend of FMC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y6.6%
EPS Next 3Y9.03%
30.45
+0.15 (+0.5%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners96.71%
Inst Owner Change-0.01%
Ins Owners0.44%
Ins Owner Change2.95%
Market Cap3.80B
Revenue(TTM)4.13B
Net Income(TTM)99.00M
Analysts69.6
Price Target47.62 (56.39%)
Short Float %7.58%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.66% |
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)49.56%
Min EPS beat(2)10.96%
Max EPS beat(2)88.17%
EPS beat(4)4
Avg EPS beat(4)34.86%
Min EPS beat(4)10.67%
Max EPS beat(4)88.17%
EPS beat(8)6
Avg EPS beat(8)17.18%
EPS beat(12)9
Avg EPS beat(12)10.71%
EPS beat(16)13
Avg EPS beat(16)9.55%
Revenue beat(2)1
Avg Revenue beat(2)2.18%
Min Revenue beat(2)-0.06%
Max Revenue beat(2)4.42%
Revenue beat(4)2
Avg Revenue beat(4)-0.42%
Min Revenue beat(4)-7.88%
Max Revenue beat(4)4.42%
Revenue beat(8)2
Avg Revenue beat(8)-3.14%
Revenue beat(12)4
Avg Revenue beat(12)-2.21%
Revenue beat(16)8
Avg Revenue beat(16)-0.73%
PT rev (1m)0%
PT rev (3m)-0.24%
EPS NQ rev (1m)-1.18%
EPS NQ rev (3m)-0.98%
EPS NY rev (1m)-0.55%
EPS NY rev (3m)1.76%
Revenue NQ rev (1m)-0.83%
Revenue NQ rev (3m)-2.18%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| Fwd PE | 7.72 | ||
| P/S | 0.92 | ||
| P/FCF | 239.21 | ||
| P/OCF | 119.23 | ||
| P/B | 0.87 | ||
| P/tB | 8.12 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.35
EY11%
EPS(NY)3.94
Fwd EY12.95%
FCF(TTM)0.13
FCFY0.42%
OCF(TTM)0.26
OCFY0.84%
SpS33.08
BVpS35.2
TBVpS3.75
PEG (NY)4.7
PEG (5Y)N/A
Graham Number51.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 2.25% | ||
| ROCE | 6.93% | ||
| ROIC | 5.01% | ||
| ROICexc | 5.25% | ||
| ROICexgc | 9.25% | ||
| OM | 14.64% | ||
| PM (TTM) | 2.4% | ||
| GM | 39.55% | ||
| FCFM | 0.38% |
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-Score4
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 261.84 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 16.06% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.72 |
F-Score4
WACC8.8%
ROIC/WACC0.57
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)34%
EPS 3Y-20.59%
EPS 5Y-10.61%
EPS Q2Q%9.52%
EPS Next Y1.94%
EPS Next 2Y6.6%
EPS Next 3Y9.03%
EPS Next 5Y12.89%
Revenue 1Y (TTM)1.16%
Revenue growth 3Y-5.59%
Revenue growth 5Y-1.63%
Sales Q2Q%1.17%
Revenue Next Year-3.21%
Revenue Next 2Y0.59%
Revenue Next 3Y2.5%
Revenue Next 5Y6.01%
EBIT growth 1Y20.38%
EBIT growth 3Y-16.39%
EBIT growth 5Y-7.96%
EBIT Next Year29.82%
EBIT Next 3Y14.82%
EBIT Next 5Y14.57%
FCF growth 1Y-87.26%
FCF growth 3Y-1.74%
FCF growth 5Y14.13%
OCF growth 1Y-88.15%
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 3 / 10.