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. While showing a medium growth rate, FTI is valued expensive at the moment.
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.
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 worse Return On Assets (0.58%) than 64.62% of its industry peers.
FTI has a worse Return On Equity (1.79%) than 63.08% of its industry peers.
FTI has a Return On Invested Capital (7.91%) which is comparable to the rest of the industry.
FTI had an Average Return On Invested Capital over the past 3 years of 4.08%. This is below the industry average of 8.51%.
The last Return On Invested Capital (7.91%) for FTI is above the 3 year average (4.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 1.79% | ||
| ROIC | 7.91% |
ROA(3y)-0.14%
ROA(5y)-5.48%
ROE(3y)-0.38%
ROE(5y)-22.36%
ROIC(3y)4.08%
ROIC(5y)N/A
1.3 Margins
FTI has a worse Profit Margin (0.72%) than 64.62% of its industry peers.
Looking at the Operating Margin, with a value of 6.64%, FTI is in line with its industry, outperforming 43.08% of the companies in the same industry.
FTI's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.64% | ||
| PM (TTM) | 0.72% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y-2.87%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FTI is destroying value.
FTI has less shares outstanding than it did 1 year ago.
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
The Debt to FCF ratio of FTI is 2.28, which is a good value as it means it would take FTI, 2.28 years of fcf income to pay off all of its debts.
FTI's Debt to FCF ratio of 2.28 is amongst the best of the industry. FTI outperforms 81.54% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that FTI is not too dependend on debt financing.
FTI has a Debt to Equity ratio of 0.29. This is comparable to the rest of the industry: FTI outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 2.28 | ||
| Altman-Z | N/A |
ROIC/WACC0.96
WACC8.2%
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's Current ratio of 1.16 is on the low side compared to the rest of the industry. FTI is outperformed by 84.62% of its industry peers.
A Quick Ratio of 0.92 indicates that FTI may have some problems paying its short term obligations.
FTI has a worse Quick ratio (0.92) than 83.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1600.00% over the past year.
FTI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.42% yearly.
FTI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.77%.
FTI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -9.02% yearly.
EPS 1Y (TTM)1600%
EPS 3Y33.3%
EPS 5Y-10.42%
EPS growth Q2Q380%
Revenue 1Y (TTM)16.77%
Revenue growth 3Y6.21%
Revenue growth 5Y-9.02%
Revenue growth Q2Q22.62%
3.2 Future
The Earnings Per Share is expected to grow by 39.10% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.88% on average over the next years.
EPS Next Y157.13%
EPS Next 2Y102.27%
EPS Next 3Y75.27%
EPS Next 5Y39.1%
Revenue Next Year13.51%
Revenue Next 2Y12.88%
Revenue Next 3Y12.8%
Revenue Next 5Y6.88%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 57.16 indicates a quite expensive valuation of FTI.
Based on the Price/Earnings ratio, FTI is valued a bit more expensive than 61.54% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.25. FTI is valued rather expensively when compared to this.
FTI is valuated rather expensively with a Price/Forward Earnings ratio of 22.23.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FTI indicates a slightly more expensive valuation: FTI is more expensive than 73.85% of the companies listed in the same industry.
FTI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.67, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.16 | ||
| Fwd PE | 22.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FTI is valued a bit more expensive than 76.92% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FTI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.8 | ||
| EV/EBITDA | 12.54 |
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.
FTI's earnings are expected to grow with 75.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y102.27%
EPS Next 3Y75.27%
5. Dividend
5.1 Amount
FTI has a yearly dividend return of 0.79%, which is pretty low.
FTI's Dividend Yield is a higher than the industry average which is at 3.28.
With a Dividend Yield of 0.79, FTI pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
5.2 History
FTI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FTI pays out 77.40% of its income as dividend. This is not a sustainable payout ratio.
DP77.4%
EPS Next 2Y102.27%
EPS Next 3Y75.27%
TECHNIPFMC PLC
NYSE:FTI (4/24/2024, 7:04:06 PM)
Premarket: 26.49 +0.77 (+2.99%)25.72
-0.12 (-0.46%)
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 Cap11.13B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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Revenue 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.16 | ||
| Fwd PE | 22.23 | ||
| 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)0.36
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 1.79% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.64% | ||
| PM (TTM) | 0.72% | ||
| GM | N/A | ||
| 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 Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.92 | ||
| 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)
Growth
EPS 1Y (TTM)1600%
EPS 3Y33.3%
EPS 5Y
EPS growth Q2Q
EPS Next Y157.13%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)16.77%
Revenue growth 3Y6.21%
Revenue growth 5Y
Revenue growth 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