TECHNIP ENERGIES NV (TE.PA)
NL0014559478 - Common Stock
TE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 40 industry peers in the Energy Equipment & Services industry. TE has only an average score on both its financial health and profitability. TE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TE had positive earnings in the past year.
In the past year TE had a positive cash flow from operations.
TE had positive earnings in each of the past 5 years.
In the past 5 years TE always reported a positive cash flow from operatings.
1.2 Ratios
TE has a Return On Assets (5.32%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 24.36%, TE is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
TE has a Return On Invested Capital of 15.80%. This is amongst the best in the industry. TE outperforms 84.62% of its industry peers.
TE had an Average Return On Invested Capital over the past 3 years of 13.51%. This is in line with the industry average of 14.47%.
The last Return On Invested Capital (15.80%) for TE is above the 3 year average (13.51%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 24.36% | ||
| ROIC | 15.8% |
ROA(3y)3.27%
ROA(5y)2.83%
ROE(3y)16.62%
ROE(5y)13.89%
ROIC(3y)13.51%
ROIC(5y)16.29%
1.3 Margins
The Profit Margin of TE (5.16%) is comparable to the rest of the industry.
TE's Profit Margin has improved in the last couple of years.
The Operating Margin of TE (7.74%) is worse than 64.10% of its industry peers.
TE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 14.95%, TE perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
In the last couple of years the Gross Margin of TE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.74% | ||
| PM (TTM) | 5.16% | ||
| GM | 14.95% |
OM growth 3Y-7.96%
OM growth 5Y7.35%
PM growth 3Y11.18%
PM growth 5YN/A
GM growth 3Y-4.47%
GM growth 5Y-2.87%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TE is creating value.
Compared to 1 year ago, TE has more shares outstanding
Compared to 5 years ago, TE has less shares outstanding
Compared to 1 year ago, TE has a worse debt to assets ratio.
2.2 Solvency
TE has an Altman-Z score of 1.85. This is not the best score and indicates that TE is in the grey zone with still only limited risk for bankruptcy at the moment.
TE has a better Altman-Z score (1.85) than 66.67% of its industry peers.
The Debt to FCF ratio of TE is 3.01, which is a good value as it means it would take TE, 3.01 years of fcf income to pay off all of its debts.
TE has a better Debt to FCF ratio (3.01) than 76.92% of its industry peers.
A Debt/Equity ratio of 0.42 indicates that TE is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.42, TE is doing good in the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | 1.85 |
ROIC/WACC2.36
WACC6.69%
2.3 Liquidity
A Current Ratio of 1.03 indicates that TE should not have too much problems paying its short term obligations.
With a Current ratio value of 1.03, TE is not doing good in the industry: 71.79% of the companies in the same industry are doing better.
A Quick Ratio of 1.03 indicates that TE should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.03, TE is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
TE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.49%.
The Earnings Per Share has been growing by 12.66% on average over the past years. This is quite good.
The Revenue has decreased by -6.40% in the past year.
TE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.27% yearly.
EPS 1Y (TTM)-8.49%
EPS 3Y12.66%
EPS 5YN/A
EPS growth Q2Q-11.11%
Revenue 1Y (TTM)-6.4%
Revenue growth 3Y1.46%
Revenue growth 5Y2.27%
Revenue growth Q2Q3.51%
3.2 Future
Based on estimates for the next years, TE will show a small growth in Earnings Per Share. The EPS will grow by 5.31% on average per year.
Based on estimates for the next years, TE will show a small growth in Revenue. The Revenue will grow by 5.20% on average per year.
EPS Next Y29.67%
EPS Next 2Y21.83%
EPS Next 3Y16.8%
EPS Next 5Y5.31%
Revenue Next Year5.39%
Revenue Next 2Y9.86%
Revenue Next 3Y9.14%
Revenue Next 5Y5.2%
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 decreasing.
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
TE is valuated correctly with a Price/Earnings ratio of 13.96.
TE's Price/Earnings is on the same level as the industry average.
TE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.05.
Based on the Price/Forward Earnings ratio of 10.78, the valuation of TE can be described as reasonable.
TE's Price/Forward Earnings ratio is in line with the industry average.
TE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.53, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.96 | ||
| Fwd PE | 10.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TE indicates a rather cheap valuation: TE is cheaper than 87.18% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.27 | ||
| EV/EBITDA | 3.52 |
4.3 Compensation for Growth
TE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TE has a very decent profitability rating, which may justify a higher PE ratio.
TE's earnings are expected to grow with 16.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.47
PEG (5Y)N/A
EPS Next 2Y21.83%
EPS Next 3Y16.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.54%, TE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.78, TE pays a bit more dividend than its industry peers.
TE's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
TE pays out 19.76% of its income as dividend. This is a sustainable payout ratio.
DP19.76%
EPS Next 2Y21.83%
EPS Next 3Y16.8%
TECHNIP ENERGIES NV
EPA:TE (4/16/2024, 5:29:55 PM)
22.9
0 (0%)
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 Cap4.06B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
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)
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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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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 13.96 | ||
| Fwd PE | 10.78 | ||
| 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)0.47
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 24.36% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.74% | ||
| PM (TTM) | 5.16% | ||
| GM | 14.95% | ||
| 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 Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| 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)-8.49%
EPS 3Y12.66%
EPS 5Y
EPS growth Q2Q
EPS Next Y29.67%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-6.4%
Revenue growth 3Y1.46%
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