ENXTPA:FP

Stock Analysis Report

Executive Summary

TOTAL S.A. operates as an integrated oil and gas company worldwide.

Snowflake

Fundamentals

Established dividend payer with proven track record.


Similar Companies

Share Price & News

How has TOTAL's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

FP

3.1%

FR Oil and Gas

2.9%

FR Market


1 Year Return

-12.3%

FP

-11.7%

FR Oil and Gas

10.2%

FR Market

Return vs Industry: FP matched the French Oil and Gas industry which returned -11.7% over the past year.

Return vs Market: FP underperformed the French Market which returned 10.2% over the past year.


Share holder returns

FPIndustryMarket
7 Day3.1%3.1%2.9%
30 Day-0.5%-0.4%-0.3%
90 Day-7.3%-7.2%0.1%
1 Year-7.5%-12.3%-7.0%-11.7%14.0%10.2%
3 Year22.8%5.2%24.3%6.6%44.3%30.4%
5 Year37.7%5.1%35.9%4.4%75.2%49.3%

Price Volatility Vs. Market

How volatile is TOTAL's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TOTAL undervalued based on future cash flows and its price relative to the stock market?

32%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: FP (€46.42) is trading below our estimate of fair value (€67.9)

Significantly Undervalued: FP is trading below fair value, but not by a significant amount.


Price Based on Earnings

PE vs Industry: FP is good value based on its PE Ratio (12.3x) compared to the Oil and Gas industry average (12.6x).

PE vs Market: FP is good value based on its PE Ratio (12.3x) compared to the French market (17.1x).


Price Based on Expected Growth

Low PEG Ratio: FP is poor value based on its PEG Ratio (1.4x)


Price Based on Value of Assets

PB vs Industry: FP is overvalued based on its PB Ratio (1.1x) compared to the FR Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is TOTAL expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

9.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: FP's forecast earnings growth (9% per year) is above the savings rate (0.7%).

Earnings vs Market: FP's earnings (9% per year) are forecast to grow slower than the French market (11.1% per year).

High Growth Earnings: FP's earnings are forecast to grow, but not significantly.

Revenue vs Market: FP's revenue (1.6% per year) is forecast to grow slower than the French market (4.5% per year).

High Growth Revenue: FP's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: FP's Return on Equity is forecast to be low in 3 years time (10.6%).


Next Steps

Past Performance

How has TOTAL performed over the past 5 years?

14.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FP's earnings have grown by 14.9% per year over the past 5 years.

Accelerating Growth: FP's earnings growth over the past year (8.5%) is below its 5-year average (14.9% per year).

Earnings vs Industry: FP earnings growth over the past year (8.5%) exceeded the Oil and Gas industry 1%.


Return on Equity

High ROE: FP's Return on Equity (9.4%) is considered low.


Return on Assets

ROA vs Industry: FP has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: FP has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is TOTAL's financial position?


Financial Position Analysis

Short Term Liabilities: FP's short term assets ($83.0B) exceeds its short term liabilities ($66.4B)

Long Term Liabilities: FP's short term assets (83.0B) exceeds its long term liabilities (81.9B)


Debt to Equity History and Analysis

Debt Level: FP's debt to equity ratio (50.4%) is considered high

Reducing Debt: FP's debt to equity ratio has increased from 49.9% to 50.4% over the past 5 years.

Debt Coverage: FP's debt is well covered by operating cash flow (43.7%).

Interest Coverage: FP's interest payments on its debt are well covered by EBIT (13.7x coverage).


Balance Sheet

Inventory Level: FP has a high level of physical assets or inventory.

Debt Coverage by Assets: FP's debt is covered by short term assets (assets are 1.381040x debt).


Next Steps

Dividend

What is TOTAL's current dividend yield, its reliability and sustainability?

6.08%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase TOTAL before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company5.8%marketbottom25%1.6%markettop25%4.6%industryaverage4.7%forecastin3Years6.1%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: FP's dividend (5.78%) is higher than the bottom 25% of dividend payers in the French market (1.57%).

High Dividend: FP's dividend (5.78%) is in the top 25% of dividend payers in the French market (4.65%)

Stable Dividend: FP's dividend payments have been volatile in the past 10 years.

Growing Dividend: FP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (70.8%), FP's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FP's dividends in 3 years are forecast to be covered by earnings (56.4% payout ratio).


Next Steps

Management

What is the CEO of TOTAL's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Patrick Pouyanné (56yo)

5yrs

Tenure

US$5,802,972

Compensation

Mr. Patrick Pouyanné serves as Chairman and Chief Executive Officer of Total E&P Norge AS. Mr. Pouyanné has been the Chairman of the Board at TOTAL S.A. since December 19, 2015 and as its Chief Executive O ...


CEO Compensation Analysis

Compensation vs. Market: Patrick's total compensation ($USD6.41M) is about average for companies of similar size in the French market ($USD3.51M).

Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.5yrs

Average Tenure

56yo

Average Age

Experienced Management: FP's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

3.8yrs

Average Tenure

64yo

Average Age

Experienced Board: FP's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jacques-Emmanuel Saulnier

    Senior Vice President of Corporate Communications

    • Tenure: 8yrs
  • Jean-Marc Jaubert (62yo)

    Senior Vice President of Industrial Safety

    • Tenure: 15.2yrs
  • Michel Hourcard

    SVP of Development & Ops Techniques - Exploration/Production & SVP of Scientific & Technical Center

    • Tenure: 10.5yrs
  • Patrick Pouyanné (56yo)

    Chairman

    • Tenure: 5yrs
    • Compensation: US$5.80m
  • Ladislas Paszkiewicz (56yo)

    Senior Vice President of Investor Relations

    • Tenure: 0.3yrs
  • Momar Nguer (63yo)

    President of Marketing & Services

    • Tenure: 3.5yrs
  • Jean-Pierre Sbraire

    Chief Financial Officer

    • Tenure: 0.2yrs
  • Marie-Noëlle Semeria

    Senior VP & Group CTO

    • Tenure: 1.9yrs
  • Namita Shah (51yo)

    President of People & Social Responsibility

    • Tenure: 3.1yrs
  • Aurélien Hamelle

    Senior Vice President of Legal

    • Tenure: 0yrs

Board Members

  • Patricia Marie Barbizet (64yo)

    Lead Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$137.39k
  • Marie-Christine Coisne-Roquette (63yo)

    Independent Director

    • Tenure: 8.4yrs
    • Compensation: US$149.13k
  • Jean Lemierre (69yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$94.35k
  • Anne-Marie Idrac (68yo)

    Independent Director

    • Tenure: 7.4yrs
    • Compensation: US$94.35k
  • Jacques Maigné (64yo)

    Chairman & CEO of Hutchinson

    • Tenure: 8.8yrs
  • Patrick Pouyanné (56yo)

    Chairman

    • Tenure: 5yrs
    • Compensation: US$5.80m
  • Carlos Tavares (61yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: US$63.04k
  • Mark Cutifani (61yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: US$106.52k
  • Patrick Artus (68yo)

    Independent Director

    • Tenure: 10.4yrs
    • Compensation: US$138.70k
  • Maria van der Hoeven (70yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$194.35k

Company Information

TOTAL S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TOTAL S.A.
  • Ticker: FP
  • Exchange: ENXTPA
  • Founded: 1924
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: €120.062b
  • Shares outstanding: 2.59b
  • Website: https://www.total.com

Number of Employees


Location

  • TOTAL S.A.
  • 2, place Jean Millier
  • La Défense Cedex
  • Paris
  • Ile-de-France
  • 92078
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TOTBDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1980
TTALSE (London Stock Exchange)YesCommon SharesGBEURJan 1980
FPENXTPA (Euronext Paris)YesCommon SharesFREURJan 1980
TTFN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1980
TOTBIT (Borsa Italiana)YesCommon SharesITEURJan 1980
TOTBXTRA (XETRA Trading Platform)YesCommon SharesDEEURJan 1980
FPPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1980
FPWBAG (Wiener Boerse AG)YesCommon SharesATEURJan 1980
TOT NBMV (Bolsa Mexicana de Valores)SPON ADR EA REP 1 ORD SHSMXMXNOct 1991
TOTADB (Deutsche Boerse AG)SPON ADR EA REP 1 ORD SHSDEEUROct 1991
TOTNYSE (New York Stock Exchange)SPON ADR EA REP 1 ORD SHSUSUSDOct 1991
0A30LSE (London Stock Exchange)SPON ADR EA REP 1 ORD SHSGBUSDOct 1991

Biography

TOTAL S.A. operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Serv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 21:27
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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