TECHNIPFMC PLC (FTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FTI - GB00BDSFG982 - Common Stock
45.24 USD
+0.21 (+0.47%)
45 USD
-0.24 (-0.53%)
Overall FTI gets a fundamental rating of 6 out of 10. We evaluated FTI against 60 industry peers in the Energy Equipment & Services industry. While FTI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FTI has a decent growth rate and is not valued too expensively.
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.
The reported net income has been mixed in the past 5 years: FTI reported negative net income in multiple years.
In the past 5 years FTI always reported a positive cash flow from operatings.
1.2 Ratios
FTI has a better Return On Assets (9.23%) than 90.00% of its industry peers.
Looking at the Return On Equity, with a value of 28.42%, FTI belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
With an excellent Return On Invested Capital value of 14.51%, FTI belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
FTI had an Average Return On Invested Capital over the past 3 years of 6.55%. This is in line with the industry average of 7.66%.
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
With a decent Profit Margin value of 9.67%, FTI is doing good in the industry, outperforming 75.00% of the companies in the same industry.
FTI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 13.21%, FTI is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
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: 68.33% 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.
Compared to 5 years ago, FTI has less shares outstanding
FTI has a better debt/assets ratio than last year.
2.2 Solvency
FTI has an Altman-Z score of 2.53. 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.
Looking at the Altman-Z score, with a value of 2.53, FTI is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
FTI has a debt to FCF ratio of 0.35. This is a very positive value and a sign of high solvency as it would only need 0.35 years to pay back of all of its debts.
FTI has a better Debt to FCF ratio (0.35) than 91.67% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that FTI is not too dependend on debt financing.
The Debt to Equity ratio of FTI (0.14) is better than 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | 2.53 |
ROIC/WACC1.61
WACC9%
2.3 Liquidity
A Current Ratio of 1.13 indicates that FTI should not have too much problems paying its short term obligations.
FTI has a worse Current ratio (1.13) than 88.33% of its industry peers.
FTI has a Quick Ratio of 1.13. This is a bad value and indicates that FTI is not financially healthy enough and could expect problems in meeting its short term obligations.
FTI has a worse Quick ratio (0.87) than 88.33% 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.
Measured over the past years, FTI shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.99% on average per year.
The Revenue has grown by 11.25% in the past year. This is quite good.
FTI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.50% yearly.
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
FTI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.01% yearly.
Based on estimates for the next years, FTI will show a small growth in Revenue. The Revenue will grow by 4.29% on average per year.
EPS Next Y24.96%
EPS Next 2Y23.84%
EPS Next 3Y22.17%
EPS Next 5Y15.01%
Revenue Next Year10.36%
Revenue Next 2Y8.87%
Revenue Next 3Y7.61%
Revenue Next 5Y4.29%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
With a Price/Earnings ratio of 19.67, FTI is valued on the expensive side.
FTI's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.15, FTI is valued a bit cheaper.
With a Price/Forward Earnings ratio of 16.12, FTI is valued correctly.
FTI's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, FTI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.67 | ||
| Fwd PE | 16.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued more expensive than 81.67% of the companies in the same industry.
71.67% of the companies in the same industry are more expensive than FTI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.07 | ||
| EV/EBITDA | 10.52 |
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.
The decent profitability rating of FTI may justify a higher PE ratio.
FTI's earnings are expected to grow with 22.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.79
PEG (5Y)0.79
EPS Next 2Y23.84%
EPS Next 3Y22.17%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.46%, which is pretty low.
Compared to an average industry Dividend Yield of 3.03, FTI has a dividend in line with its industry peers.
With a Dividend Yield of 0.46, FTI pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
The dividend of FTI decreases each year by -17.29%.
FTI has been paying a dividend for at least 10 years, so it has 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
8.81% of the earnings are spent on dividend by FTI. This is a low number and sustainable payout ratio.
DP8.81%
EPS Next 2Y23.84%
EPS Next 3Y22.17%
45.24
+0.21 (+0.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners99.1%
Inst Owner Change2.22%
Ins Owners1.11%
Ins Owner Change-14.67%
Market Cap18.59B
Revenue(TTM)9.78B
Net Income(TTM)945.90M
Analysts77.78
Price Target46.34 (2.43%)
Short Float %3.39%
Short Ratio2.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
Yearly Dividend0.2
Dividend Growth(5Y)-17.29%
DP8.81%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)-181.59%
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)0.67%
PT rev (1m)10%
PT rev (3m)10.67%
EPS NQ rev (1m)-2.11%
EPS NQ rev (3m)-3.77%
EPS NY rev (1m)2.61%
EPS NY rev (3m)3.6%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.67 | ||
| Fwd PE | 16.12 | ||
| P/S | 1.9 | ||
| P/FCF | 12.07 | ||
| P/OCF | 9.84 | ||
| P/B | 5.59 | ||
| P/tB | 6.52 | ||
| EV/EBITDA | 10.52 |
EPS(TTM)2.3
EY5.08%
EPS(NY)2.81
Fwd EY6.2%
FCF(TTM)3.75
FCFY8.29%
OCF(TTM)4.6
OCFY10.16%
SpS23.8
BVpS8.1
TBVpS6.94
PEG (NY)0.79
PEG (5Y)0.79
Graham Number20.47
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 | 2.53 |
F-Score8
WACC9%
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 Y24.96%
EPS Next 2Y23.84%
EPS Next 3Y22.17%
EPS Next 5Y15.01%
Revenue 1Y (TTM)11.25%
Revenue growth 3Y12.36%
Revenue growth 5Y5.5%
Sales Q2Q%12.73%
Revenue Next Year10.36%
Revenue Next 2Y8.87%
Revenue Next 3Y7.61%
Revenue Next 5Y4.29%
EBIT growth 1Y41.37%
EBIT growth 3Y113.48%
EBIT growth 5Y54.12%
EBIT Next Year83.47%
EBIT Next 3Y29.67%
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.
Can you provide the valuation status for TECHNIPFMC PLC?
ChartMill assigns a valuation rating of 6 / 10 to TECHNIPFMC PLC (FTI). This can be considered as Fairly Valued.
What is the profitability of FTI stock?
TECHNIPFMC PLC (FTI) has a profitability rating of 7 / 10.
What is the valuation of TECHNIPFMC PLC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TECHNIPFMC PLC (FTI) is 19.67 and the Price/Book (PB) ratio is 5.59.
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%.