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FTI

TechnipFMCNYSE:FTI Stock Report

Last Price

US$6.59

Market Cap

US$3.0b

7D

-3.9%

1Y

-41.5%

Updated

21 Jan, 2022

Data

Company Financials +
FTI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends2/6

FTI Stock Overview

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses.

TechnipFMC Competitors

Baker Hughes

NasdaqGS:BKR

US$27.4b

Halliburton

NYSE:HAL

US$25.2b

NOV

NYSE:NOV

US$6.3b

Cactus

NYSE:WHD

US$3.5b

Price History & Performance

Summary of all time highs, changes and price drops for TechnipFMC
Historical stock prices
Current Share PriceUS$6.59
52 Week HighUS$11.69
52 Week LowUS$5.55
Beta2.14
1 Month Change8.75%
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

Jan 04
TechnipFMC (NYSE:FTI) Has A Pretty Healthy Balance Sheet

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...

Shareholder Returns

FTIUS Energy ServicesUS Market
7D-3.9%0.4%-4.0%
1Y-41.5%30.7%6.6%

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.

Price Volatility

Is FTI's price volatile compared to industry and market?
FTI volatility
FTI Average Weekly Movement6.8%
Energy Services Industry Average Movement7.5%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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

FoundedEmployeesCEOWebsite
201531,395Doug Pferdehirthttps://www.technipfmc.com

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

How do TechnipFMC's earnings and revenue compare to its market cap?
FTI fundamental statistics
Market CapUS$2.97b
Earnings (TTM)US$404.50m
Revenue (TTM)US$13.00b

7.3x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FTI income statement (TTM)
RevenueUS$13.00b
Cost of RevenueUS$11.08b
Gross ProfitUS$1.92b
ExpensesUS$1.51b
EarningsUS$404.50m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin14.75%
Net Profit Margin3.11%
Debt/Equity Ratio64.1%

How did FTI perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

0%

Payout Ratio

Valuation

Is TechnipFMC undervalued compared to its fair value and its price relative to the market?

7.34x

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).


Future Growth

How is TechnipFMC forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

10.4%

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%).


Past Performance

How has TechnipFMC performed over the past 5 years?

-40.4%

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.


Financial Health

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).


Balance Sheet


Dividend

What is TechnipFMC current dividend yield, its reliability and sustainability?

1.97%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Doug Pferdehirt (57 yo)

5yrs

Tenure

US$12,920,601

Compensation

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.


Leadership Team

Experienced Management: FTI's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: FTI's board of directors are considered experienced (5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TechnipFMC plc's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • TechnipFMC plc
  • One St. Paul’s Churchyard
  • London
  • Greater London
  • EC4M 8AP
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 00:01
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.