TOTALENERGIES SE -SPON ADR (TTE) Stock Fundamental Analysis
NYSE:TTE - New York Stock Exchange, Inc. - US89151E1091 - ADR - Currency: USD
We assign a fundamental rating of 4 out of 10 to TTE. TTE was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. TTE has an average financial health and profitability rating. TTE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TTE was profitable.
TTE had a positive operating cash flow in the past year.
Of the past 5 years TTE 4 years were profitable.
In the past 5 years TTE always reported a positive cash flow from operatings.
1.2 Ratios
TTE's Return On Assets of 4.68% is in line compared to the rest of the industry. TTE outperforms 57.14% of its industry peers.
Looking at the Return On Equity, with a value of 11.54%, TTE is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.09%, TTE is in line with its industry, outperforming 60.00% of the companies in the same industry.
TTE had an Average Return On Invested Capital over the past 3 years of 10.74%. This is significantly below the industry average of 23.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.68% | ||
| ROE | 11.54% | ||
| ROIC | 7.09% |
ROA(3y)6.5%
ROA(5y)4.4%
ROE(3y)16.43%
ROE(5y)11.2%
ROIC(3y)10.74%
ROIC(5y)8.12%
1.3 Margins
TTE has a Profit Margin (7.10%) which is in line with its industry peers.
In the last couple of years the Profit Margin of TTE has grown nicely.
TTE has a Operating Margin of 12.20%. This is comparable to the rest of the industry: TTE outperforms 42.86% of its industry peers.
TTE's Operating Margin has improved in the last couple of years.
The Gross Margin of TTE (34.91%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TTE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.2% | ||
| PM (TTM) | 7.1% | ||
| GM | 34.91% |
OM growth 3Y0.18%
OM growth 5Y5.63%
PM growth 3Y-2.28%
PM growth 5Y5.04%
GM growth 3Y-0.18%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TTE is still creating some value.
The number of shares outstanding for TTE has been reduced compared to 1 year ago.
TTE has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TTE is higher compared to a year ago.
2.2 Solvency
TTE has a debt to FCF ratio of 3.80. This is a good value and a sign of high solvency as TTE would need 3.80 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.80, TTE is doing good in the industry, outperforming 70.95% of the companies in the same industry.
TTE has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.39, TTE perfoms like the industry average, outperforming 56.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 3.8 | ||
| Altman-Z | N/A |
ROIC/WACC1.04
WACC6.81%
2.3 Liquidity
TTE has a Current Ratio of 1.07. This is a normal value and indicates that TTE is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.07, TTE perfoms like the industry average, outperforming 45.71% of the companies in the same industry.
TTE has a Quick Ratio of 1.07. This is a bad value and indicates that TTE is not financially healthy enough and could expect problems in meeting its short term obligations.
TTE has a Quick ratio (0.86) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
TTE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.67%.
Measured over the past years, TTE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.97% on average per year.
Looking at the last year, TTE shows a decrease in Revenue. The Revenue has decreased by -9.83% in the last year.
The Revenue has been growing slightly by 2.11% on average over the past years.
EPS 1Y (TTM)-16.67%
EPS 3Y5.12%
EPS 5Y11.97%
EPS Q2Q%-14.49%
Revenue 1Y (TTM)-9.83%
Revenue growth 3Y1.94%
Revenue growth 5Y2.11%
Sales Q2Q%-7.15%
3.2 Future
The Earnings Per Share is expected to grow by 0.26% on average over the next years.
The Revenue is expected to decrease by -1.08% on average over the next years.
EPS Next Y-0.86%
EPS Next 2Y1.19%
EPS Next 3Y4.75%
EPS Next 5Y0.26%
Revenue Next Year-9.78%
Revenue Next 2Y-1.82%
Revenue Next 3Y-1.04%
Revenue Next 5Y-1.08%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.19, the valuation of TTE can be described as reasonable.
Based on the Price/Earnings ratio, TTE is valued a bit cheaper than the industry average as 79.52% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of TTE to the average of the S&P500 Index (27.18), we can say TTE is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.68, the valuation of TTE can be described as very cheap.
TTE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TTE is cheaper than 78.57% of the companies in the same industry.
TTE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.19 | ||
| Fwd PE | 7.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TTE is valued a bit cheaper than 74.76% of the companies in the same industry.
79.52% of the companies in the same industry are more expensive than TTE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.82 | ||
| EV/EBITDA | 4.4 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y1.19%
EPS Next 3Y4.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.54%, TTE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.41, TTE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, TTE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
5.2 History
The dividend of TTE has a limited annual growth rate of 5.59%.
TTE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.59%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TTE pays out 56.32% of its income as dividend. This is a bit on the high side, but may be sustainable.
TTE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP56.32%
EPS Next 2Y1.19%
EPS Next 3Y4.75%
62.08
-0.14 (-0.23%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners46.26%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap137.02B
Analysts79.29
Price Target73.78 (18.85%)
Short Float %0.27%
Short Ratio3.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
Yearly Dividend3.36
Dividend Growth(5Y)5.59%
DP56.32%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.19%
Min EPS beat(2)-3.69%
Max EPS beat(2)3.31%
EPS beat(4)1
Avg EPS beat(4)-2.93%
Min EPS beat(4)-6.15%
Max EPS beat(4)3.31%
EPS beat(8)3
Avg EPS beat(8)-2.6%
EPS beat(12)6
Avg EPS beat(12)-1.72%
EPS beat(16)10
Avg EPS beat(16)1.01%
Revenue beat(2)2
Avg Revenue beat(2)23.51%
Min Revenue beat(2)15.2%
Max Revenue beat(2)31.82%
Revenue beat(4)4
Avg Revenue beat(4)14.79%
Min Revenue beat(4)2.97%
Max Revenue beat(4)31.82%
Revenue beat(8)8
Avg Revenue beat(8)15.16%
Revenue beat(12)9
Avg Revenue beat(12)8.44%
Revenue beat(16)10
Avg Revenue beat(16)4.38%
PT rev (1m)0%
PT rev (3m)-3.72%
EPS NQ rev (1m)1.78%
EPS NQ rev (3m)-14.01%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-4.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-9.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.19 | ||
| Fwd PE | 7.68 | ||
| P/S | 0.72 | ||
| P/FCF | 8.82 | ||
| P/OCF | 4.38 | ||
| P/B | 1.16 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 4.4 |
EPS(TTM)7.58
EY12.21%
EPS(NY)8.09
Fwd EY13.03%
FCF(TTM)7.04
FCFY11.34%
OCF(TTM)14.16
OCFY22.81%
SpS86.82
BVpS53.44
TBVpS37.79
PEG (NY)N/A
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.68% | ||
| ROE | 11.54% | ||
| ROCE | 11.65% | ||
| ROIC | 7.09% | ||
| ROICexc | 8.29% | ||
| ROICexgc | 10.38% | ||
| OM | 12.2% | ||
| PM (TTM) | 7.1% | ||
| GM | 34.91% | ||
| FCFM | 8.11% |
ROA(3y)6.5%
ROA(5y)4.4%
ROE(3y)16.43%
ROE(5y)11.2%
ROIC(3y)10.74%
ROIC(5y)8.12%
ROICexc(3y)13.06%
ROICexc(5y)9.81%
ROICexgc(3y)16.32%
ROICexgc(5y)12.21%
ROCE(3y)18.11%
ROCE(5y)13.76%
ROICexcg growth 3Y3.93%
ROICexcg growth 5Y9.71%
ROICexc growth 3Y3.24%
ROICexc growth 5Y9.22%
OM growth 3Y0.18%
OM growth 5Y5.63%
PM growth 3Y-2.28%
PM growth 5Y5.04%
GM growth 3Y-0.18%
GM growth 5Y0.25%
F-Score4
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 3.8 | ||
| Debt/EBITDA | 1.26 | ||
| Cap/Depr | 119.41% | ||
| Cap/Sales | 8.2% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.53% | ||
| Profit Quality | 114.16% | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | N/A |
F-Score4
WACC6.81%
ROIC/WACC1.04
Cap/Depr(3y)118.9%
Cap/Depr(5y)97.97%
Cap/Sales(3y)7.22%
Cap/Sales(5y)7.47%
Profit Quality(3y)122.89%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.67%
EPS 3Y5.12%
EPS 5Y11.97%
EPS Q2Q%-14.49%
EPS Next Y-0.86%
EPS Next 2Y1.19%
EPS Next 3Y4.75%
EPS Next 5Y0.26%
Revenue 1Y (TTM)-9.83%
Revenue growth 3Y1.94%
Revenue growth 5Y2.11%
Sales Q2Q%-7.15%
Revenue Next Year-9.78%
Revenue Next 2Y-1.82%
Revenue Next 3Y-1.04%
Revenue Next 5Y-1.08%
EBIT growth 1Y-31.52%
EBIT growth 3Y2.12%
EBIT growth 5Y7.85%
EBIT Next Year33.04%
EBIT Next 3Y12.07%
EBIT Next 5Y8.86%
FCF growth 1Y-43.87%
FCF growth 3Y-4.08%
FCF growth 5Y4.37%
OCF growth 1Y-30.38%
OCF growth 3Y0.48%
OCF growth 5Y4.56%