TECHNIPFMC PLC (FTI) Stock Fundamental Analysis
USA - NYSE:FTI - GB00BDSFG982 - Common Stock
41.79 USD
+0.75 (+1.83%)
42 USD
+0.21 (+0.5%)
Taking everything into account, FTI scores 6 out of 10 in our fundamental rating. FTI was compared to 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
FTI had positive earnings in the past year.
FTI had a positive operating cash flow in the past year.
In multiple years FTI reported negative net income over the last 5 years.
Each year in the past 5 years FTI had a positive operating cash flow.
1.2 Ratios
FTI has a better Return On Assets (9.23%) than 86.67% of its industry peers.
FTI has a Return On Equity of 28.42%. This is amongst the best in the industry. FTI outperforms 93.33% of its industry peers.
FTI's Return On Invested Capital of 14.51% is amongst the best of the industry. FTI outperforms 93.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FTI is in line with the industry average of 7.85%.
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
FTI has a better Profit Margin (9.67%) than 78.33% of its industry peers.
FTI's Profit Margin has improved in the last couple of years.
FTI's Operating Margin of 13.21% is fine compared to the rest of the industry. FTI outperforms 68.33% of its industry peers.
In the last couple of years the Operating Margin of FTI has grown nicely.
FTI has a worse Gross Margin (20.94%) than 66.67% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FTI is creating some value.
The number of shares outstanding for FTI has been reduced compared to 1 year ago.
The number of shares outstanding for FTI has been reduced compared to 5 years ago.
The debt/assets ratio for FTI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.38 indicates that FTI is not a great score, but indicates only limited risk for bankruptcy at the moment.
FTI has a Altman-Z score of 2.38. This is in the better half of the industry: FTI outperforms 65.00% of its industry peers.
The Debt to FCF ratio of FTI is 0.35, which is an excellent value as it means it would take FTI, only 0.35 years of fcf income to pay off all of its debts.
FTI's Debt to FCF ratio of 0.35 is amongst the best of the industry. FTI outperforms 91.67% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that FTI is not too dependend on debt financing.
FTI has a Debt to Equity ratio of 0.14. This is in the better half of the industry: FTI outperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | 2.38 |
ROIC/WACC1.62
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.13 indicates that FTI should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.13, FTI is doing worse than 90.00% of the companies in the same industry.
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.
The Earnings Per Share has been growing by 24.99% on average over the past years. This is a very strong growth
Looking at the last year, FTI shows a quite strong growth in Revenue. The Revenue has grown by 11.25% in the last year.
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
The Earnings Per Share is expected to grow by 12.01% on average over the next years. This is quite good.
Based on estimates for the next years, FTI will show a small growth in Revenue. The Revenue will grow by 4.53% on average per year.
EPS Next Y21.78%
EPS Next 2Y20.81%
EPS Next 3Y20.02%
EPS Next 5Y12.01%
Revenue Next Year9.88%
Revenue Next 2Y8.68%
Revenue Next 3Y7.56%
Revenue Next 5Y4.53%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.17, which indicates a rather expensive current valuation of FTI.
61.67% of the companies in the same industry are more expensive than FTI, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FTI to the average of the S&P500 Index (26.19), we can say FTI is valued slightly cheaper.
A Price/Forward Earnings ratio of 15.65 indicates a correct valuation of FTI.
FTI's Price/Forward Earnings ratio is in line with the industry average.
FTI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.17 | ||
| Fwd PE | 15.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued a bit more expensive than the industry average as 73.33% of the companies are valued more cheaply.
76.67% 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 | 11.15 | ||
| EV/EBITDA | 9.52 |
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.
The decent profitability rating of FTI may justify a higher PE ratio.
FTI's earnings are expected to grow with 20.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.83
PEG (5Y)0.73
EPS Next 2Y20.81%
EPS Next 3Y20.02%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.49%, which is pretty low.
Compared to an average industry Dividend Yield of 3.01, FTI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, FTI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.49% |
5.2 History
The dividend of FTI decreases each year by -17.29%.
FTI has paid a dividend for at least 10 years, which is 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
FTI pays out 8.81% of its income as dividend. This is a sustainable payout ratio.
DP8.81%
EPS Next 2Y20.81%
EPS Next 3Y20.02%
41.79
+0.75 (+1.83%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners99.1%
Inst Owner Change0.79%
Ins Owners1.11%
Ins Owner Change-14.91%
Market Cap17.18B
Revenue(TTM)9.78B
Net Income(TTM)945.90M
Analysts77.78
Price Target45.9 (9.83%)
Short Float %3.87%
Short Ratio2.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.49% |
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)0.15%
PT rev (3m)13.58%
EPS NQ rev (1m)0.51%
EPS NQ rev (3m)7.13%
EPS NY rev (1m)0.44%
EPS NY rev (3m)5.26%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)1.42%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.17 | ||
| Fwd PE | 15.65 | ||
| P/S | 1.76 | ||
| P/FCF | 11.15 | ||
| P/OCF | 9.09 | ||
| P/B | 5.16 | ||
| P/tB | 6.02 | ||
| EV/EBITDA | 9.52 |
EPS(TTM)2.3
EY5.5%
EPS(NY)2.67
Fwd EY6.39%
FCF(TTM)3.75
FCFY8.97%
OCF(TTM)4.6
OCFY11%
SpS23.8
BVpS8.1
TBVpS6.94
PEG (NY)0.83
PEG (5Y)0.73
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 | 2.38 |
F-Score8
WACC8.98%
ROIC/WACC1.62
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 Y21.78%
EPS Next 2Y20.81%
EPS Next 3Y20.02%
EPS Next 5Y12.01%
Revenue 1Y (TTM)11.25%
Revenue growth 3Y12.36%
Revenue growth 5Y5.5%
Sales Q2Q%12.73%
Revenue Next Year9.88%
Revenue Next 2Y8.68%
Revenue Next 3Y7.56%
Revenue Next 5Y4.53%
EBIT growth 1Y41.37%
EBIT growth 3Y113.48%
EBIT growth 5Y54.12%
EBIT Next Year83.47%
EBIT Next 3Y29.67%
EBIT Next 5Y15.6%
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 5 / 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 18.17 and the Price/Book (PB) ratio is 5.16.
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%.