FMC Valuation

Q: What is the Fair Price of FMC1 * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FMC1 * (MX$1246) is trading below our estimate of [[fair value]] (MX$2007.33)

Is FMC1 * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FMC1 * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FMC1 * (MX$1246) is trading below our estimate of fair value (MX$2007.33)

Significantly Below Fair Value: FMC1 * is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FMC1 *?

Key metric: As FMC1 * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FMC1 *. This is calculated by dividing FMC1 *'s market cap by their current earnings.
What is FMC1 *'s PE Ratio?
PE Ratio	4.7x
Earnings	US$1.53b
Market Cap	US$7.14b

FMC1 * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.6x
Enterprise Value/EBITDA	15.6x
PEG Ratio	-0.3x

Price to Earnings Ratio vs Peers

How does FMC1 *'s PE Ratio compare to its peers?

The above table shows the PE ratio for FMC1 * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	29.6x
PE&OLES * Industrias Peñoles. de	70x	n/a	Mex$121.3b
CEMEX CPO CEMEX. de	27.4x	31.1%	Mex$159.7b
ORBIA * Orbia Advance Corporation. de	11.9x	18.4%	Mex$33.3b
ICH B Industrias CH S. A. B. de C. V	9x	n/a	Mex$73.5b
FMC1 * FMC	4.7x	-17.0%	Mex$7.1b

Price-To-Earnings vs Peers: FMC1 * is good value based on its Price-To-Earnings Ratio (4.7x) compared to the peer average (29.8x).

Price to Earnings Ratio vs Industry

How does FMC1 *'s PE Ratio compare vs other companies in the Global Chemicals Industry?

37 Companies	Price / Earnings	Estimated Growth	Market Cap

37 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: FMC1 * is good value based on its Price-To-Earnings Ratio (4.7x) compared to the Global Chemicals industry average (21.7x).

Price to Earnings Ratio vs Fair Ratio

What is FMC1 *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FMC1 * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FMC1 *'s Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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