FMC CORP (FMC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FMC - US3024913036 - Common Stock
13.56 USD
+0.23 (+1.73%)
13.51 USD
-0.05 (-0.37%)
Overall FMC gets a fundamental rating of 4 out of 10. We evaluated FMC against 83 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 valuation in line with the averages, but it does not seem to be growing.
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.
Of the past 5 years FMC 4 years had a positive operating cash flow.
1.2 Ratios
FMC has a Return On Assets of -4.41%. This is in the lower half of the industry: FMC underperforms 69.88% of its industry peers.
With a Return On Equity value of -14.11%, FMC is not doing good in the industry: 68.67% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 2.92%, FMC perfoms like the industry average, outperforming 45.78% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FMC is in line with the industry average of 6.09%.
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
In the last couple of years the Profit Margin of FMC has declined.
Looking at the Operating Margin, with a value of 9.48%, FMC is in line with its industry, outperforming 54.22% of the companies in the same industry.
In the last couple of years the Operating Margin of FMC has declined.
FMC's Gross Margin of 38.15% is amongst the best of the industry. FMC outperforms 80.72% of its industry peers.
In the last couple of years the Gross Margin of FMC has declined.
| 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
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.
The number of shares outstanding for FMC has been reduced compared to 5 years ago.
FMC has a better debt/assets ratio than last year.
2.2 Solvency
FMC has an Altman-Z score of 1.36. This is a bad value and indicates that FMC is not financially healthy and even has some risk of bankruptcy.
FMC's Altman-Z score of 1.36 is on the low side compared to the rest of the industry. FMC is outperformed by 67.47% 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's Debt to Equity ratio of 1.18 is on the low side compared to the rest of the industry. FMC is outperformed by 69.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.36 |
ROIC/WACC0.33
WACC8.71%
2.3 Liquidity
FMC has a Current Ratio of 1.40. This is a normal value and indicates that FMC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.40, FMC is doing worse than 75.90% of the companies in the same industry.
A Quick Ratio of 1.05 indicates that FMC should not have too much problems paying its short term obligations.
FMC has a worse Quick ratio (1.05) than 61.45% 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
Looking at the last year, FMC shows a very negative growth in Revenue. The Revenue has decreased by -13.42% in the last year.
Measured over the past years, FMC shows a decrease in Revenue. The Revenue has been decreasing by -1.63% on average per year.
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
Based on estimates for the next years, FMC will show a decrease in Earnings Per Share. The EPS will decrease by -0.98% on average per year.
The Revenue is expected to decrease by -0.02% on average over the next years.
EPS Next Y-13.37%
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
EPS Next 5Y-0.98%
Revenue Next Year-11.74%
Revenue Next 2Y-4.84%
Revenue Next 3Y-0.97%
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.
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
With a Price/Earnings ratio of 3.82, the valuation of FMC can be described as very cheap.
FMC's Price/Earnings ratio is rather cheap when compared to the industry. FMC is cheaper than 96.39% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. FMC is valued rather cheaply when compared to this.
FMC is valuated cheaply with a Price/Forward Earnings ratio of 5.24.
Based on the Price/Forward Earnings ratio, FMC is valued cheaply inside the industry as 96.39% of the companies are valued more expensively.
FMC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.82 | ||
| Fwd PE | 5.24 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FMC's earnings are expected to decrease with -3.06% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
5. Dividend
5.1 Amount
FMC has a Yearly Dividend Yield of 2.40%. Purely for dividend investing, there may be better candidates out there.
The stock price of FMC dropped by -59.69% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.48, FMC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, FMC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)28.29%
Div Incr Years0
Div Non Decr Years18
5.3 Sustainability
DPN/A
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
13.56
+0.23 (+1.73%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.54%
Inst Owner Change-3.25%
Ins Owners0.39%
Ins Owner Change0.91%
Market Cap1.69B
Revenue(TTM)3.61B
Net Income(TTM)-532.30M
Analysts67.2
Price Target23.34 (72.12%)
Short Float %9.97%
Short Ratio2.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
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)-15.14%
PT rev (3m)-51%
EPS NQ rev (1m)-1.65%
EPS NQ rev (3m)-32.03%
EPS NY rev (1m)-5.96%
EPS NY rev (3m)-15.48%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-11.48%
Revenue NY rev (1m)-3.47%
Revenue NY rev (3m)-9.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.82 | ||
| Fwd PE | 5.24 | ||
| P/S | 0.47 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.45 | ||
| P/tB | 48.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.55
EY26.18%
EPS(NY)2.59
Fwd EY19.1%
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
WACC8.71%
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-13.37%
EPS Next 2Y-13.62%
EPS Next 3Y-3.06%
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-11.74%
Revenue Next 2Y-4.84%
Revenue Next 3Y-0.97%
Revenue Next 5Y-0.02%
EBIT growth 1Y-35.82%
EBIT growth 3Y-16.39%
EBIT growth 5Y-7.96%
EBIT Next Year19.92%
EBIT Next 3Y7.69%
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.