| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
FMC Stock Overview
FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products.
FMC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$118.69 |
| 52 Week High | US$140.99 |
| 52 Week Low | US$87.27 |
| Beta | 0.81 |
| 1 Month Change | -13.61% |
| 3 Month Change | 0.49% |
| 1 Year Change | 1.85% |
| 3 Year Change | 62.08% |
| 5 Year Change | 58.97% |
| Change since IPO | 1,223.37% |
Recent News & Updates
Aristotle Capital - FMC Corporation: An Oligopolistic Industry
Over the decades, through acquisitions, FMC became a disparate collection of chemical companies. FMC is one of just five companies that collectively contribute the majority of research and development performed on crop protection chemicals. We believe FMC's current stock price is offered at a discount.
Is There An Opportunity With FMC Corporation's (NYSE:FMC) 34% Undervaluation?
How far off is FMC Corporation ( NYSE:FMC ) from its intrinsic value? Using the most recent financial data, we'll take...
FMC - Agriculture Dividends You Probably Haven't Heard Of
FMC Corp. is one of the world's largest suppliers of agriculture inputs focused on herbicides and related crop protection. The company is a dividend growth stock flying under the radar as its yield isn't very high, and growth is somewhat inconsistent. However, the company has a strong business model, high free cash flow, a strong balance sheet, and the ability to deliver high long-term returns.
Shareholder Returns
| FMC | US Chemicals | US Market | |
|---|---|---|---|
| 7D | 2.8% | 6.2% | 2.7% |
| 1Y | 1.8% | -2.4% | -8.1% |
Return vs Industry: FMC exceeded the US Chemicals industry which returned -2.4% over the past year.
Return vs Market: FMC exceeded the US Market which returned -8.1% over the past year.
Price Volatility
| FMC volatility | |
|---|---|
| FMC Average Weekly Movement | 4.3% |
| Chemicals Industry Average Movement | 7.1% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: FMC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FMC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1883 | 6,400 | Mark Douglas | https://www.fmc.com |
FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that include insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The company markets its products through its own sales organization and through alliance partners, independent distributors, and sales representatives.
FMC Fundamentals Summary
| FMC fundamental statistics | |
|---|---|
| Market Cap | US$15.03b |
| Earnings (TTM) | US$834.80m |
| Revenue (TTM) | US$5.20b |
17.9x
P/E Ratio2.9x
P/S RatioIs FMC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMC income statement (TTM) | |
|---|---|
| Revenue | US$5.20b |
| Cost of Revenue | US$2.97b |
| Gross Profit | US$2.23b |
| Other Expenses | US$1.40b |
| Earnings | US$834.80m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.63 |
| Gross Margin | 42.92% |
| Net Profit Margin | 16.05% |
| Debt/Equity Ratio | 122.4% |
How did FMC perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield31%
Payout RatioDoes FMC pay a reliable dividends?
See FMC dividend history and benchmarks| FMC dividend dates | |
|---|---|
| Ex Dividend Date | Jun 29 2022 |
| Dividend Pay Date | Jul 21 2022 |
| Days until Ex dividend | 41 days |
| Days until Dividend pay date | 63 days |
Does FMC pay a reliable dividends?
See FMC dividend history and benchmarksValuation
Is FMC undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
42.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FMC ($118.69) is trading below our estimate of fair value ($206.47)
Significantly Below Fair Value: FMC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FMC is poor value based on its PE Ratio (17.9x) compared to the US Chemicals industry average (17.2x).
PE vs Market: FMC is poor value based on its PE Ratio (17.9x) compared to the US market (16x).
Price to Earnings Growth Ratio
PEG Ratio: FMC is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: FMC is overvalued based on its PB Ratio (4.9x) compared to the US Chemicals industry average (2.2x).
Future Growth
How is FMC forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
8.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FMC's forecast earnings growth (8.7% per year) is above the savings rate (1.9%).
Earnings vs Market: FMC's earnings (8.7% per year) are forecast to grow slower than the US market (12.4% per year).
High Growth Earnings: FMC's earnings are forecast to grow, but not significantly.
Revenue vs Market: FMC's revenue (4.8% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: FMC's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FMC's Return on Equity is forecast to be high in 3 years time (32.8%)
Past Performance
How has FMC performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
32.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FMC has high quality earnings.
Growing Profit Margin: FMC's current net profit margins (16.1%) are higher than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: FMC's earnings have grown significantly by 32.5% per year over the past 5 years.
Accelerating Growth: FMC's earnings growth over the past year (50.3%) exceeds its 5-year average (32.5% per year).
Earnings vs Industry: FMC earnings growth over the past year (50.3%) exceeded the Chemicals industry 32.3%.
Return on Equity
High ROE: Whilst FMC's Return on Equity (27.18%) is high, this metric is skewed due to their high level of debt.
Financial Health
How is FMC's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: FMC's short term assets ($5.3B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: FMC's short term assets ($5.3B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: FMC's net debt to equity ratio (110.2%) is considered high.
Reducing Debt: FMC's debt to equity ratio has increased from 104.5% to 122.4% over the past 5 years.
Debt Coverage: FMC's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: FMC's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
Dividend
What is FMC current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.79%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FMC's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: FMC's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (3.97%).
Stability and Growth of Payments
Stable Dividend: FMC's dividends per share have been stable in the past 10 years.
Growing Dividend: FMC's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), FMC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.2%), FMC's dividend payments are covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Mark Douglas (59 yo)
3.92yrs
Tenure
US$8,489,671
Compensation
Mr. Mark A. Douglas has been the Chief Executive Officer of FMC Corporation since June 1, 2020 and has been its President since June 1, 2018. He is Director of FMC Corporation since April 28, 2020. Mr. Dou...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD8.49M) is below average for companies of similar size in the US market ($USD13.27M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: FMC's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: FMC's board of directors are seasoned and experienced ( 11.6 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
FMC Corporation's employee growth, exchange listings and data sources
Key Information
- Name: FMC Corporation
- Ticker: FMC
- Exchange: NYSE
- Founded: 1883
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Implied Market Cap: US$15.026b
- Shares outstanding: 125.94m
- Website: https://www.fmc.com
Number of Employees
Location
- FMC Corporation
- 2929 Walnut Street
- Philadelphia
- Pennsylvania
- 19104
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/18 00:00 |
| End of Day Share Price | 2022/05/18 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.