FTI Stock Overview
TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$6.59|
|52 Week High||US$11.69|
|52 Week Low||US$5.55|
|1 Month Change||8.75%|
|3 Month Change||-14.53%|
|1 Year Change||-41.47%|
|3 Year Change||-71.17%|
|5 Year Change||-81.31%|
|Change since IPO||-81.36%|
Recent News & Updates
TechnipFMC (NYSE:FTI) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|FTI||US Energy Services||US Market|
Return vs Industry: FTI underperformed the US Energy Services industry which returned 26.7% over the past year.
Return vs Market: FTI underperformed the US Market which returned 7.7% over the past year.
|FTI Average Weekly Movement||6.8%|
|Energy Services Industry Average Movement||7.5%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: FTI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FTI's weekly volatility (7%) has been stable over the past year.
About the Company
TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. It operates through two segments, Subsea and Surface Technologies. The Subsea segment designs and manufactures products and systems; performs engineering, procurement, and project management; and provides services used by oil and gas companies involved in offshore exploration and production of crude oil and natural gas.
TechnipFMC Fundamentals Summary
|FTI fundamental statistics|
Is FTI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FTI income statement (TTM)|
|Cost of Revenue||US$11.08b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.90|
|Net Profit Margin||3.11%|
How did FTI perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is TechnipFMC undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FTI ($6.59) is trading above our estimate of fair value ($4.24)
Significantly Below Fair Value: FTI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FTI is good value based on its PE Ratio (7.3x) compared to the US Energy Services industry average (35.6x).
PE vs Market: FTI is good value based on its PE Ratio (7.3x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: FTI is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: FTI is good value based on its PB Ratio (0.8x) compared to the US Energy Services industry average (1.2x).
How is TechnipFMC forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTI's forecast earnings growth (10.4% per year) is above the savings rate (2%).
Earnings vs Market: FTI's earnings (10.4% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: FTI's earnings are forecast to grow, but not significantly.
Revenue vs Market: FTI's revenue (2.8% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: FTI's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FTI's Return on Equity is forecast to be low in 3 years time (8%).
How has TechnipFMC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTI has a large one-off loss of $235.8M impacting its September 30 2021 financial results.
Growing Profit Margin: FTI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FTI has become profitable over the past 5 years, growing earnings by -40.4% per year.
Accelerating Growth: FTI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FTI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-2.7%).
Return on Equity
High ROE: FTI's Return on Equity (12.6%) is considered low.
How is TechnipFMC's financial position?
Financial Position Analysis
Short Term Liabilities: FTI's short term assets ($5.6B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: FTI's short term assets ($5.6B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: FTI's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: FTI's debt to equity ratio has increased from 48.1% to 64.1% over the past 5 years.
Debt Coverage: FTI's debt is well covered by operating cash flow (37.8%).
Interest Coverage: FTI's interest payments on its debt are not well covered by EBIT (2.5x coverage).
What is TechnipFMC current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FTI's dividend (1.97%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: FTI's dividend (1.97%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FTI has been paying a dividend for less than 10 years.
Growing Dividend: FTI has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as FTI has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: FTI's dividends in 3 years are forecast to be well covered by earnings (20.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Pferdehirt (57 yo)
Mr. Douglas J. Pferdehirt, also known as Doug, has been Chief Executive Officer of TechnipFMC plc since 2017 and has been its an Executive Chairman of the Board since May 1, 2019. Mr. Pferdehirt has been t...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD12.92M) is above average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Experienced Management: FTI's management team is considered experienced (3.3 years average tenure).
Experienced Board: FTI's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TechnipFMC plc's employee growth, exchange listings and data sources
- Name: TechnipFMC plc
- Ticker: FTI
- Exchange: NYSE
- Founded: 2015
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$2.970b
- Shares outstanding: 450.70m
- Website: https://www.technipfmc.com
Number of Employees
- TechnipFMC plc
- One St. Paul’s Churchyard
- Greater London
- EC4M 8AP
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:01|
|End of Day Share Price||2022/01/20 00:00|
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.