TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. More Details
Fair value with mediocre balance sheet.
Share Price & News
How has TechnipFMC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FTI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: FTI's weekly volatility (9%) has been stable over the past year.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: FTI underperformed the US Energy Services industry which returned 98.1% over the past year.
Return vs Market: FTI underperformed the US Market which returned 49.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TechnipFMC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Do The Returns On Capital At TechnipFMC (NYSE:FTI) Tell Us?
3 months ago | Simply Wall StWhat You Need To Know About TechnipFMC plc's (NYSE:FTI) Investor Composition
3 months ago | Simply Wall StIs TechnipFMC (NYSE:FTI) Using Too Much Debt?
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 ($7.92) is trading above our estimate of fair value ($5.89)
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 (9.4x) compared to the US Energy Services industry average (14.6x).
PE vs Market: FTI is good value based on its PE Ratio (9.4x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: FTI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FTI is good value based on its PB Ratio (1x) 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 22 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTI's earnings are forecast to decline over the next 3 years (-5.8% per year).
Earnings vs Market: FTI's earnings are forecast to decline over the next 3 years (-5.8% per year).
High Growth Earnings: FTI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FTI's revenue (1.1% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: FTI's revenue (1.1% 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 (2.9%).
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 $367.6M impacting its March 31 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 -62.3% 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 (24.3%).
Return on Equity
High ROE: FTI's Return on Equity (11.3%) is considered low.
How is TechnipFMC's financial position?
Financial Position Analysis
Short Term Liabilities: FTI's short term assets ($6.3B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: FTI's short term assets ($6.3B) exceed its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: FTI's debt to equity ratio (67.7%) is considered high.
Reducing Debt: FTI's debt to equity ratio has increased from 50.1% to 67.7% over the past 5 years.
Debt Coverage: FTI's debt is well covered by operating cash flow (34.6%).
Interest Coverage: FTI's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is TechnipFMC current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FTI's dividend (1.64%) is higher than the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: FTI's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FTI has been paying a dividend for less than 10 years.
Growing Dividend: FTI has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as FTI has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: FTI's dividends in 3 years are forecast to be well covered by earnings (36.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Pferdehirt (56 yo)
Mr. Douglas J. Pferdehirt, also known as Doug, has been Chief Executive Officer of TechnipFMC plc since 2017 and has been its Chairman of the Board since May 1, 2019. Mr. Pferdehirt has been the Chief Exec...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD12.92M) is above average for companies of similar size in the US market ($USD5.40M).
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 (2.8 years average tenure).
Experienced Board: FTI's board of directors are considered experienced (4.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TechnipFMC plc's company bio, 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
- Market Cap: US$3.569b
- Shares outstanding: 450.67m
- Website: https://www.technipfmc.com
Number of Employees
- TechnipFMC plc
- One St. Paul’s Churchyard
- Greater London
- EC4M 8AP
- United Kingdom
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 manu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/13 23:11|
|End of Day Share Price||2021/05/13 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.