TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses.
Excellent balance sheet with moderate growth potential.
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's share price has been volatile over the past 3 months.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: FTI exceeded the US Energy Services industry which returned -72.8% over the past year.
Return vs Market: FTI underperformed the US Market which returned -14.9% over the past year.
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
1 month ago | Simply Wall StAn Intrinsic Calculation For TechnipFMC plc (NYSE:FTI) Suggests It's 46% Undervalued
2 months ago | Simply Wall StIs TechnipFMC plc (NYSE:FTI) A Strong Dividend Stock?
2 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most TechnipFMC plc (NYSE:FTI) Stock?
Is TechnipFMC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FTI ($7.52) is trading below our estimate of fair value ($19.14)
Significantly Below Fair Value: FTI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FTI is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: FTI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FTI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FTI is overvalued based on its PB Ratio (0.4x) compared to the US Energy Services industry average (0.3x).
How is TechnipFMC forecast to perform in the next 1 to 3 years based on estimates from 32 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: FTI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FTI's is expected to become profitable in the next 3 years.
Revenue vs Market: FTI's revenue (3.1% per year) is forecast to grow slower than the US market (7.1% per year).
High Growth Revenue: FTI's revenue (3.1% 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 (5.3%).
How has TechnipFMC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTI is currently unprofitable.
Growing Profit Margin: FTI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FTI is unprofitable, and losses have increased over the past 5 years at a rate of -73.3% per year.
Accelerating Growth: Unable to compare FTI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FTI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-34.4%).
Return on Equity
High ROE: FTI has a negative Return on Equity (-31.21%), as it is currently unprofitable.
How is TechnipFMC's financial position?
Financial Position Analysis
Short Term Liabilities: FTI's short term assets ($11.9B) exceed its short term liabilities ($10.1B).
Long Term Liabilities: FTI's short term assets ($11.9B) exceed its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: FTI's debt to equity ratio (56.7%) is considered high.
Reducing Debt: FTI's debt to equity ratio has reduced from 59.7% to 56.7% over the past 5 years.
Inventory Level: FTI has a high level of physical assets or inventory.
Debt Coverage by Assets: FTI's debt is covered by short term assets (assets are 2.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FTI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FTI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -40.1% per year.
What is TechnipFMC's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FTI's dividend (6.91%) is higher than the bottom 25% of dividend payers in the US market (2.04%).
High Dividend: FTI's dividend (6.91%) is in the top 25% of dividend payers in the US market (5.7%)
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 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: FTI is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: FTI's dividends in 3 years are forecast to be well covered by earnings (39.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Pferdehirt (55yo)
Mr. Douglas J. Pferdehirt, also known as Doug, has been Chief Executive Officer of TechnipFMC plc since 2017 and also has been its Chairman of the Board since May 1, 2019. Mr. Pferdehirt has been the Chief ...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD15.35M) is above average for companies of similar size in the US market ($USD5.63M).
Compensation vs Earnings: Doug's compensation has increased whilst the company is unprofitable.
|Chairman of the Board & CEO||3.25yrs||US$15.35m||0.13% $4.1m|
|Executive VP & CFO||3.25yrs||US$6.84m||0.075% $2.4m|
|Executive VP & Chief Technology Officer||2.25yrs||US$3.64m||0.0084% $269.4k|
|Executive VP||3.25yrs||US$4.16m||0.023% $738.0k|
|Senior VP||1.75yrs||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Executive Vice President of Quality||no data||no data||no data|
|Director of Public Relations||no data||no data||no data|
|Managing Director of UK Operating Centre||8.92yrs||no data||no data|
|Executive VP & Senior Advisor||no data||no data||no data|
Experienced Management: FTI's management team is considered experienced (3.3 years average tenure).
|Chairman of the Board & CEO||3.25yrs||US$15.35m||0.13% $4.1m|
|Independent Non-Executive Director||3.25yrs||US$288.60k||0.0073% $235.6k|
|Independent Non-Executive Director||3.25yrs||US$302.15k||0.042% $1.4m|
|Lead Independent Non-Executive Director||0.92yr||US$326.10k||0.0045% $143.7k|
|Independent Non-Executive Director||3.25yrs||US$311.10k||0.0067% $217.0k|
|Independent Non-Executive Director||3.25yrs||US$308.60k||0.0045% $144.0k|
|Independent Non-Executive Director||3.25yrs||US$301.10k||0.0045% $143.7k|
|Independent Non-Executive Director||3.25yrs||US$288.60k||0.0097% $311.8k|
|Independent Non-Executive Director||3.25yrs||US$302.66k||0.0045% $143.7k|
|Independent Non-Executive Director||3.25yrs||no data||no data|
Experienced Board: FTI's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FTI 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 company bio, employee growth, exchange listings and data sources
- Name: TechnipFMC plc
- Ticker: FTI
- Exchange: NYSE
- Founded: 1958
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$3.214b
- Shares outstanding: 448.30m
- Website: https://www.technipfmc.com
Number of Employees
- TechnipFMC plc
- One St. Paul’s Churchyard
- Greater London
- EC4M 8AP
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FTI||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 2017|
|FTI||NYSE (New York Stock Exchange)||Yes||Ordinary Shares||US||USD||Jan 2017|
|0RMV||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 2017|
|FTI||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 2017|
|FTIP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 2017|
|1T1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 2017|
|FTI||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jan 2017|
|T1EC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 SHS UNSPON||BR||BRL||Jan 2020|
TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. It operates through three segments: Subsea, Onshore/Offshore, and Surface Technologies. The Subsea segment manufactures and designs 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. The Onshore/Offshore segment designs and builds onshore facilities related to the production, treatment, and transportation of hydrocarbons and renewable feedstock; and designs, manufactures, and installs fixed and floating platforms for the offshore production and processing of oil and gas reserves. The Surface Technologies segment designs and manufactures systems, as well as provides services used by oil and gas companies involved in the land and shallow water exploration and production of crude oil and natural gas. This segment also designs, manufactures, and supplies technologically advanced high pressure valves and fittings for oilfield service companies; and provides flowback and well testing services. The company operates in Russia, the United States, Norway, Brazil, Israel, the United Kingdom, India, Angola, Australia, the United Arab Emirates, Malaysia, China, Indonesia, and internationally. It operates a fleet of 18 vessels. The company was formerly known as Technip SA and changed its name to TechnipFMC plc in January 2017. TechnipFMC plc was founded in 1958 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 03:37|
|End of Day Share Price||2020/04/03 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.