TECHNIPFMC PLC (FTI)
GB00BDSFG982 - Common Stock
FTI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 65 industry peers in the Energy Equipment & Services industry. FTI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. FTI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FTI was profitable.
FTI had a positive operating cash flow in the past year.
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.
FTI had an Average Return On Invested Capital over the past 3 years of 4.18%. This is below the industry average of 7.69%.
The last Return On Invested Capital (10.22%) for FTI is above the 3 year average (4.18%), which is a sign of increasing profitability.
| Industry Rank | Sector 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
With a Profit Margin value of 2.61%, FTI is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
FTI's Operating Margin of 7.87% is in line compared to the rest of the industry. FTI outperforms 52.31% of its industry peers.
In the last couple of years the Operating Margin of FTI has declined.
The Gross Margin of FTI (17.11%) is worse than 75.38% of its industry peers.
In the last couple of years the Gross Margin of FTI has declined.
| Industry Rank | Sector 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%
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.
FTI has less shares outstanding than it did 1 year ago.
FTI has less shares outstanding than it did 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 1.67, 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 1.67, FTI is in line with its industry, outperforming 44.62% of the companies in the same industry.
FTI has a debt to FCF ratio of 1.55. This is a very positive value and a sign of high solvency as it would only need 1.55 years to pay back of all of its debts.
FTI has a Debt to FCF ratio of 1.55. This is in the better half of the industry: FTI outperforms 76.92% of its industry peers.
FTI has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | 1.67 |
ROIC/WACC1.2
WACC8.51%
2.3 Liquidity
FTI has a Current Ratio of 1.16. This is a normal value and indicates that FTI is financially healthy and should not expect problems in meeting its short term obligations.
FTI has a worse Current ratio (1.16) than 90.77% of its industry peers.
FTI has a Quick Ratio of 1.16. This is a bad value and indicates that FTI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.86, FTI is not doing good in the industry: 83.08% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1150.00% over the past year.
The earnings per share for FTI have been decreasing by -10.42% on average. This is quite bad
The Revenue has grown by 16.78% in the past year. This is quite good.
Measured over the past years, FTI shows a decrease in Revenue. The Revenue has been decreasing by -9.02% on average per year.
EPS 1Y (TTM)1150%
EPS 3Y33.3%
EPS 5Y-10.42%
EPS Q2Q%330%
Revenue 1Y (TTM)16.78%
Revenue growth 3Y6.21%
Revenue growth 5Y-9.02%
Sales Q2Q%17.92%
3.2 Future
FTI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.63% 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 Y165.96%
EPS Next 2Y101%
EPS Next 3Y73.39%
EPS Next 5Y42.63%
Revenue Next Year14.48%
Revenue Next 2Y12.86%
Revenue Next 3Y12.66%
Revenue Next 5Y7.96%
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
A Price/Earnings ratio of 28.87 indicates a quite expensive valuation of FTI.
Compared to the rest of the industry, the Price/Earnings ratio of FTI is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 24.41. FTI is around the same levels.
Based on the Price/Forward Earnings ratio of 15.88, the valuation of FTI can be described as correct.
FTI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FTI is more expensive than 66.15% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.59. FTI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.87 | ||
| Fwd PE | 15.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued a bit more expensive than the industry average as 76.92% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as FTI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.98 | ||
| EV/EBITDA | 12.32 |
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.
FTI's earnings are expected to grow with 73.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y101%
EPS Next 3Y73.39%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.73%, which is pretty low.
Compared to an average industry Dividend Yield of 3.04, FTI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, FTI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
5.2 History
FTI has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FTI decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
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 2Y101%
EPS Next 3Y73.39%
TECHNIPFMC PLC
NYSE:FTI (7/26/2024, 7:04:00 PM)
After market: 28.9 +0.03 (+0.1%)28.87
+0.49 (+1.73%)
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 Cap12.44B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.87 | ||
| Fwd PE | 15.88 | ||
| 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)0.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector 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 Rank | Sector 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)1150%
EPS 3Y33.3%
EPS 5Y
EPS Q2Q%
EPS Next Y165.96%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)16.78%
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