Technip Energies N.V.

OTCPK:THNP.Y Stock Report

Market Cap: US$4.2b

Technip Energies Valuation

Is THNP.Y 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 THNP.Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: THNP.Y ($23.87) is trading below our estimate of fair value ($26.27)

Significantly Below Fair Value: THNP.Y is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for THNP.Y?

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

The above table shows the Price to Earnings ratio for THNP.Y. This is calculated by dividing THNP.Y's market cap by their current earnings.
What is THNP.Y's PE Ratio?
PE Ratio11x
Earnings€362.80m
Market Cap€4.00b

Price to Earnings Ratio vs Peers

How does THNP.Y's PE Ratio compare to its peers?

The above table shows the PE ratio for THNP.Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average57.4x
AROC Archrock
31.6x29.7%US$4.5b
CHX ChampionX
18.9x10.1%US$6.0b
KGS Kodiak Gas Services
156.8x73.7%US$3.5b
OII Oceaneering International
22.3xn/aUS$3.0b
THNP.Y Technip Energies
11x7.9%US$4.0b

Price-To-Earnings vs Peers: THNP.Y is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (57.4x).

Price to Earnings Ratio vs Industry

How does THNP.Y's PE Ratio compare vs other companies in the US Energy Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NCSM NCS Multistage Holdings
1.3x-107.5%US$57.59m
BASX.Q Basic Energy Services
n/an/aUS$24.00
No more companies available in this PE range
THNP.Y 11.0xIndustry Avg. 16.2xNo. of Companies7PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: THNP.Y is good value based on its Price-To-Earnings Ratio (11x) compared to the US Energy Services industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is THNP.Y'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.

THNP.Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ratio11.4x

Price-To-Earnings vs Fair Ratio: THNP.Y is good value based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (11.4x).

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.

Discover undervalued companies

Calfrac Well Services

CA$344.9m

Provides specialized oilfield services in Canada, the United States, and Argentina.

CFWF.F

CA$2.89

7D

5.5%

1Y

-13.8%

Aker BP

NOK 146.6b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

AKRB.F

NOK 21.57

7D

1.6%

1Y

-26.3%

Murphy Oil

US$4.9b

Operates as an oil and gas exploration and production company in the United States, Canada, and internationally.

MUR

US$33.40

7D

2.8%

1Y

-22.4%