TECHNIPFMC PLC (FTI)

GB00BDSFG982 - Common Stock

25.84  +0.25 (+0.98%)

After market: 25.84 0 (0%)

Fundamental Rating

4

Overall FTI gets a fundamental rating of 4 out of 10. We evaluated FTI against 65 industry peers in the Energy Equipment & Services industry. The financial health of FTI is average, but there are quite some concerns on its profitability. FTI is quite expensive at the moment. It does show a decent growth rate.



3

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.
FTI had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

The Return On Assets of FTI (2.34%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 7.08%, FTI is in line with its industry, outperforming 49.23% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.22%, FTI is in the better half of the industry, outperforming 78.46% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FTI is below the industry average of 8.02%.
The 3 year average ROIC (4.18%) for FTI is below the current ROIC(10.22%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.34%
ROE 7.08%
ROIC 10.22%
ROA(3y)-0.14%
ROA(5y)-5.48%
ROE(3y)-0.38%
ROE(5y)-22.36%
ROIC(3y)4.18%
ROIC(5y)N/A

1.3 Margins

The Profit Margin of FTI (2.61%) is worse than 61.54% of its industry peers.
Looking at the Operating Margin, with a value of 7.87%, FTI is in line with its industry, outperforming 52.31% of the companies in the same industry.
FTI's Operating Margin has declined in the last couple of years.
FTI's Gross Margin of 17.11% is on the low side compared to the rest of the industry. FTI is outperformed by 75.38% of its industry peers.
FTI's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 7.87%
PM (TTM) 2.61%
GM 17.11%
OM growth 3YN/A
OM growth 5Y-2.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.24%
GM growth 5Y-2.12%

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.
Compared to 1 year ago, FTI has less shares outstanding
The number of shares outstanding for FTI has been reduced compared to 5 years ago.
Compared to 1 year ago, FTI has an improved debt to assets ratio.

2.2 Solvency

Based on the Altman-Z score of 1.55, we must say that FTI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.55, FTI is in line with its industry, outperforming 41.54% of the companies in the same industry.
The Debt to FCF ratio of FTI is 1.55, which is an excellent value as it means it would take FTI, only 1.55 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.55, FTI is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that FTI is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.31, FTI perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.55
Altman-Z 1.55
ROIC/WACC1.2
WACC8.53%

2.3 Liquidity

A Current Ratio of 1.16 indicates that FTI should not have too much problems paying its short term obligations.
With a Current ratio value of 1.16, FTI is not doing good in the industry: 89.23% of the companies in the same industry are doing better.
A Quick Ratio of 0.86 indicates that FTI may have some problems paying its short term obligations.
With a Quick ratio value of 0.86, FTI is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.16
Quick Ratio 0.86

5

3. Growth

3.1 Past

FTI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19311435202164686848.00%, which is quite impressive.
Measured over the past years, FTI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.42% on average per year.
The Revenue has grown by 18.75% in the past year. This is quite good.
FTI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -9.02% yearly.
EPS 1Y (TTM)19311435202164687000%
EPS 3Y33.3%
EPS 5Y-10.42%
EPS Q2Q%N/A
Revenue 1Y (TTM)18.75%
Revenue growth 3Y6.21%
Revenue growth 5Y-9.02%
Sales Q2Q%18.9%

3.2 Future

FTI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 44.43% yearly.
FTI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.96% yearly.
EPS Next Y157.13%
EPS Next 2Y102.27%
EPS Next 3Y75.27%
EPS Next 5Y44.43%
Revenue Next Year13.51%
Revenue Next 2Y12.88%
Revenue Next 3Y12.8%
Revenue Next 5Y7.96%

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.

3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 38.57, FTI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of FTI indicates a slightly more expensive valuation: FTI is more expensive than 61.54% of the companies listed in the same industry.
FTI is valuated rather expensively when we compare the Price/Earnings ratio to 28.24, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.03 indicates a correct valuation of FTI.
FTI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FTI is more expensive than 69.23% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 19.93, FTI is valued a bit cheaper.
Industry RankSector Rank
PE 38.57
Fwd PE 14.03

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FTI is valued a bit more expensive than 73.85% of the companies in the same industry.
FTI's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 15.2
EV/EBITDA 11.15

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.
A more expensive valuation may be justified as FTI's earnings are expected to grow with 75.27% in the coming years.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y102.27%
EPS Next 3Y75.27%

3

5. Dividend

5.1 Amount

With a yearly dividend of 0.76%, FTI is not a good candidate for dividend investing.
FTI's Dividend Yield is a higher than the industry average which is at 3.13.
Compared to an average S&P500 Dividend Yield of 2.32, FTI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.76%

5.2 History

FTI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

30.62% of the earnings are spent on dividend by FTI. This is a low number and sustainable payout ratio.
DP30.62%
EPS Next 2Y102.27%
EPS Next 3Y75.27%

TECHNIPFMC PLC

NYSE:FTI (5/24/2024, 7:04:00 PM)

After market: 25.84 0 (0%)

25.84

+0.25 (+0.98%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap11.14B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 0.76%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 38.57
Fwd PE 14.03
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.25
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 2.34%
ROE 7.08%
ROCE
ROIC
ROICexc
ROICexgc
OM 7.87%
PM (TTM) 2.61%
GM 17.11%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.9
Health
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.16
Quick Ratio 0.86
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)19311435202164687000%
EPS 3Y33.3%
EPS 5Y
EPS Q2Q%
EPS Next Y157.13%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)18.75%
Revenue growth 3Y6.21%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y