Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

TechnipFMC

DB:1T1
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1T1
DB
$3B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses. The last earnings update was 33 days ago. More info.


Add to Portfolio Compare Print
  • TechnipFMC has significant price volatility in the past 3 months.
1T1 Share Price and Events
7 Day Returns
6.1%
DB:1T1
8.3%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-71.2%
DB:1T1
-57%
Europe Energy Services
-20.9%
DE Market
1T1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TechnipFMC (1T1) 6.1% -42.7% -66.6% -71.2% - -
Europe Energy Services 8.3% -32.3% -49.8% -57% -65.5% -87.5%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 1T1 underperformed the Energy Services industry which returned -57% over the past year.
  • 1T1 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
1T1
Industry
5yr Volatility vs Market

1T1 Value

 Is TechnipFMC undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of TechnipFMC to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for TechnipFMC.

DB:1T1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 32 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:1T1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.911 (1 + (1- 19%) (169%))
1.776
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.78
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.776 * 6.07%)
10.39%

Discounted Cash Flow Calculation for DB:1T1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for TechnipFMC is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:1T1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.39%)
2020 451.91 Analyst x14 409.36
2021 648.87 Analyst x14 532.45
2022 774.83 Analyst x6 575.95
2023 720.00 Analyst x2 484.81
2024 945.50 Analyst x2 576.71
2025 1,015.97 Est @ 7.45% 561.35
2026 1,067.78 Est @ 5.1% 534.44
2027 1,104.65 Est @ 3.45% 500.84
2028 1,130.06 Est @ 2.3% 464.13
2029 1,146.93 Est @ 1.49% 426.71
Present value of next 10 years cash flows $5,066.00
DB:1T1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $1,146.93 × (1 + -0.39%) ÷ (10.39% – -0.39%)
$10,595.27
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $10,595.27 ÷ (1 + 10.39%)10
$3,941.91
DB:1T1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5,066.00 + $3,941.91
$9,007.91
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $9,007.91 / 448.30
$20.09
DB:1T1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1T1 represents 0.88703x of NYSE:FTI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88703x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 20.09 x 0.88703
€17.82
Value per share (EUR) From above. €17.82
Current discount Discount to share price of €6.36
= -1 x (€6.36 - €17.82) / €17.82
64.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price TechnipFMC is available for.
Intrinsic value
>50%
Share price is €6.36 vs Future cash flow value of €17.82
Current Discount Checks
For TechnipFMC to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • TechnipFMC's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • TechnipFMC's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TechnipFMC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TechnipFMC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1T1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-5.39
NYSE:FTI Share Price ** NYSE (2020-04-03) in USD $7.17
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TechnipFMC.

DB:1T1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:FTI Share Price ÷ EPS (both in USD)

= 7.17 ÷ -5.39

-1.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TechnipFMC is loss making, we can't compare its value to the Europe Energy Services industry average.
  • TechnipFMC is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does TechnipFMC's expected growth come at a high price?
Raw Data
DB:1T1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 32 Analysts
35.2%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for TechnipFMC, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TechnipFMC's assets?
Raw Data
DB:1T1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $17.13
NYSE:FTI Share Price * NYSE (2020-04-03) in USD $7.17
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:1T1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:FTI Share Price ÷ Book Value per Share (both in USD)

= 7.17 ÷ 17.13

0.42x

* Primary Listing of TechnipFMC.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TechnipFMC is overvalued based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess TechnipFMC's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. TechnipFMC has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1T1 Future Performance

 How is TechnipFMC expected to perform in the next 1 to 3 years based on estimates from 32 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TechnipFMC expected to grow at an attractive rate?
  • TechnipFMC's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • TechnipFMC's earnings growth is expected to exceed the Germany market average.
  • TechnipFMC's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1T1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1T1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 32 Analysts 35.2%
DB:1T1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 32 Analysts 3.1%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:1T1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 32 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1T1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 16,211 872 3
2023-12-31 14,731 448 4
2022-12-31 14,802 1,022 463 14
2021-12-31 14,874 1,010 484 30
2020-12-31 14,389 872 482 32
2020-04-05
DB:1T1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 13,409 849 -2,415
2019-09-30 13,005 449 -2,261
2019-06-30 12,814 495 -2,005
2019-03-31 12,341 138 -1,996
2018-12-31 12,553 -185 -1,922
2018-09-30 12,913 -413 184
2018-06-30 13,910 -569 168
2018-03-31 14,794 -142 227
2017-12-31 15,057 211 113
2017-09-30 13,422 504 133
2017-06-30 11,656 362 315
2017-03-31 10,182 484 254

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TechnipFMC's earnings are expected to grow significantly at over 20% yearly.
  • TechnipFMC's revenue is expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:1T1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 32 Analyst Estimates (S&P Global) See Below

All data from TechnipFMC Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1T1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 0.53 0.53 0.53 1.00
2022-12-31 1.14 2.48 0.54 9.00
2021-12-31 1.14 2.03 0.44 16.00
2020-12-31 1.05 1.54 0.14 17.00
2020-04-05
DB:1T1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -5.39
2019-09-30 -5.03
2019-06-30 -4.45
2019-03-31 -4.39
2018-12-31 -4.20
2018-09-30 0.40
2018-06-30 0.36
2018-03-31 0.49
2017-12-31 0.24
2017-09-30 0.35
2017-06-30 1.07
2017-03-31 1.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • TechnipFMC is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess TechnipFMC's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TechnipFMC has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1T1 Past Performance

  How has TechnipFMC performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TechnipFMC's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TechnipFMC does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare TechnipFMC's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare TechnipFMC's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
TechnipFMC's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TechnipFMC Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1T1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 13,409.10 -2,415.20 1,228.10 162.90
2019-09-30 13,005.30 -2,260.50 1,225.20 165.90
2019-06-30 12,814.00 -2,004.50 1,177.70 163.90
2019-03-31 12,340.70 -1,995.80 1,135.30 188.00
2018-12-31 12,552.90 -1,921.60 1,140.60 189.20
2018-09-30 12,912.90 183.80 1,089.50 202.60
2018-06-30 13,910.00 167.90 1,123.30 215.10
2018-03-31 14,794.10 227.10 1,109.90 210.60
2017-12-31 15,056.90 113.30 1,060.90 212.90
2017-09-30 13,421.60 133.40 945.10 181.20
2017-06-30 11,656.40 314.80 803.70 152.10
2017-03-31 10,181.90 253.90 679.10 128.50
2016-12-31 9,199.60 393.30 572.60 105.40
2016-09-30 9,841.61 641.75 612.61 96.01
2016-06-30 10,330.65 520.00 636.16 95.22
2016-03-31 10,895.65 74.01 684.24 97.97
2015-12-31 11,471.90 14.40 689.60 95.50
2015-09-30 11,283.19 25.89 715.25 96.42
2015-06-30 11,502.53 -10.14 711.11 98.25
2015-03-31 11,267.87 489.34 689.37 89.06
2014-12-31 12,193.79 528.48 790.17 99.98
2014-09-30 12,554.43 619.68 855.81 102.98
2014-06-30 13,034.02 697.38 956.94 110.62
2014-03-31 12,832.93 708.37 982.16 108.99
2013-12-31 12,184.40 775.46 992.63 103.97
2013-09-30 12,329.02 780.27 989.10 94.20
2013-06-30 11,436.20 745.79 915.83 86.84

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if TechnipFMC has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if TechnipFMC has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if TechnipFMC improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess TechnipFMC's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TechnipFMC has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1T1 Health

 How is TechnipFMC's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TechnipFMC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TechnipFMC is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TechnipFMC's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TechnipFMC's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TechnipFMC Company Filings, last reported 3 months ago.

DB:1T1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 7,729.20 4,379.20 5,281.90
2019-09-30 10,162.30 3,812.00 4,504.40
2019-06-30 10,418.90 3,685.60 4,621.30
2019-03-31 10,412.10 3,933.90 4,985.00
2018-12-31 10,427.40 4,191.70 5,540.00
2018-09-30 12,864.00 4,095.50 5,613.30
2018-06-30 13,047.60 3,866.00 5,615.40
2018-03-31 13,281.80 3,823.00 6,280.60
2017-12-31 13,409.40 3,855.00 6,807.30
2017-09-30 13,724.90 3,640.60 6,896.10
2017-06-30 13,549.30 3,772.50 7,179.10
2017-03-31 13,382.20 3,581.80 7,041.70
2016-12-31 5,044.10 2,552.90 6,269.30
2016-09-30 5,436.41 2,610.80 2,824.59
2016-06-30 5,246.04 2,558.17 3,118.77
2016-03-31 5,302.66 2,656.57 4,919.42
2015-12-31 4,936.08 2,783.71 3,170.35
2015-09-30 4,914.12 2,791.59 4,243.29
2015-06-30 4,776.94 2,853.80 2,784.41
2015-03-31 4,917.12 2,761.88 4,642.64
2014-12-31 5,295.89 3,162.86 3,250.74
2014-09-30 5,549.95 3,333.00 4,275.13
2014-06-30 5,792.05 3,302.62 4,139.09
2014-03-31 5,827.49 3,261.45 4,051.53
2013-12-31 5,748.26 3,269.02 4,116.37
2013-09-30 5,527.37 3,018.07 2,943.63
2013-06-30 5,204.16 2,952.10 2,599.55
  • TechnipFMC's level of debt (56.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (59.7% vs 56.7% today).
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.

  • Whilst loss making TechnipFMC has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making TechnipFMC has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.1% per year.
X
Financial health checks
We assess TechnipFMC's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TechnipFMC has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1T1 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.25%
Current annual income from TechnipFMC dividends. Estimated to be 7.15% next year.
If you bought €2,000 of TechnipFMC shares you are expected to receive €145 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • TechnipFMC's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • TechnipFMC's dividend is above the markets top 25% of dividend payers in Germany (4.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:1T1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 32 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:1T1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31 0.52 1.00
2022-12-31 0.51 10.00
2021-12-31 0.51 16.00
2020-12-31 0.51 15.00
2020-04-05
DB:1T1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-25 0.520 6.366
2019-10-22 0.520 2.699
2019-07-23 0.520 2.126
2019-04-24 0.520 2.199
2019-02-19 0.520 2.221
2018-10-23 0.520 2.281
2018-07-24 0.520 1.718
2018-04-24 0.520 1.631
2018-02-20 0.520 1.719
2017-11-09 0.520 1.728
2017-10-25 0.520 1.870
2017-02-24 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, TechnipFMC has been paying a dividend for less than 10 years.
  • TechnipFMC has only been paying a dividend for 2 years, and since then there has been no growth.
Current Payout to shareholders
What portion of TechnipFMC's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess TechnipFMC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TechnipFMC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TechnipFMC has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1T1 Management

 What is the CEO of TechnipFMC's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Pferdehirt
COMPENSATION $15,351,206
AGE 55
TENURE AS CEO 3.3 years
CEO Bio

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 Executive Officer and President of FMC Technologies, Inc. since May 2017. He served as the Chief Executive Officer of FMC Technologies, Inc. since September 1, 2016 and served as its President since May 12, 2015. He served as Chief Operating Officer of FMC Technologies, Inc. from 2012 to September 1, 2016. He served as Executive Vice President of FMC Technologies, Inc., since August 01, 2012 until May 12, 2015. He joined FMC in 2012. Mr. Pferdehirt served as Executive Vice President of Energy Systems with responsibility for the Subsea Technologies, Surface Technologies and Energy Infrastructure business segments and also several support functions. He served as Executive Vice President of Corporate Development and Communication and President of Reservoir Production Group at Schlumberger Limited and WesternGeco, Ltd. Mr. Pferdehirt served as Vice President of Communications and Investor Relations Schlumberger Limited since July 2003 and also served its Head of Investor Relations. He served as Vice President of Oilfield Services U.S. Gulf of Mexico. He spent 26 years at Schlumberger Limited in a succession of executive leadership positions. He served as President of SchlumbergerSema NSA from August 2002 to July 2003, Vice President of Marketing and Technique from April 2002 to August 2002, Gulf Coast GeoMarket Manager from February 2000 to April 2002 and Dowell North and South America Business Manager from March 1998 to February 2000. He has been the Chairman of FMC Technologies, Inc. since May 2017. He serves as a Director of TechnipFMC plc. He served as a Director of FMC Technologies, Inc. since September 30, 2016. He serves on the board of directors of the American Heart Association. Mr. Pferdehirt holds a Bachelor’s Degree in Petroleum and Natural Gas Engineering from Pennsylvania State University.

CEO Compensation
  • Doug's compensation has increased whilst company is loss making.
  • Doug's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the TechnipFMC management team in years:

3.3
Average Tenure
54.5
Average Age
  • The tenure for the TechnipFMC management team is about average.
Management Team

Doug Pferdehirt

TITLE
Chairman of the Board & CEO
COMPENSATION
$15M
AGE
55
TENURE
3.3 yrs

Maryann Mannen

TITLE
Executive VP & CFO
COMPENSATION
$7M
AGE
56
TENURE
3.3 yrs

Justin Rounce

TITLE
Executive VP & Chief Technology Officer
COMPENSATION
$4M
AGE
52
TENURE
2.3 yrs

Dianne Ralston

TITLE
Executive VP
COMPENSATION
$4M
AGE
52
TENURE
3.3 yrs

Krisztina Dorogházi

TITLE
Senior VP
AGE
47
TENURE
1.8 yrs

Matt Seinsheimer

TITLE
Vice President of Investor Relations

Mark Scott

TITLE
Executive Vice President of Quality
AGE
65

Delphine Nayral

TITLE
Director of Public Relations

Bill Morrice

TITLE
Managing Director of UK Operating Centre
AGE
54
TENURE
8.9 yrs

Tor Halvorsen

TITLE
Executive VP & Senior Advisor
AGE
64
Board of Directors Tenure

Average tenure and age of the TechnipFMC board of directors in years:

3.3
Average Tenure
62
Average Age
  • The tenure for the TechnipFMC board of directors is about average.
Board of Directors

Doug Pferdehirt

TITLE
Chairman of the Board & CEO
COMPENSATION
$15M
AGE
55
TENURE
0.9 yrs

Marie-Ange Debon

TITLE
Independent Non-Executive Director
COMPENSATION
$309K
AGE
54
TENURE
3.3 yrs

Peter Mellbye

TITLE
Independent Non-Executive Director
COMPENSATION
$311K
AGE
70
TENURE
3.3 yrs

Jim Ringler

TITLE
Independent Non-Executive Director
COMPENSATION
$302K
AGE
74
TENURE
3.3 yrs

Pascal Colombani

TITLE
Lead Independent Non-Executive Director
COMPENSATION
$326K
AGE
73
TENURE
0.9 yrs

John C. O'Leary

TITLE
Independent Non-Executive Director
COMPENSATION
$289K
AGE
63
TENURE
3.3 yrs

Joseph Rinaldi

TITLE
Independent Non-Executive Director
COMPENSATION
$303K
AGE
61
TENURE
3.3 yrs

Didier Houssin

TITLE
Independent Non-Executive Director
COMPENSATION
$301K
AGE
62
TENURE
3.3 yrs

Arnaud Caudoux

TITLE
Independent Non-Executive Director
AGE
49
TENURE
3.3 yrs

Eleazar de Carvalho Filho

TITLE
Independent Non-Executive Director
COMPENSATION
$289K
AGE
62
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by TechnipFMC individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
20. Mar 20 Buy John C. O'Leary Individual 18. Mar 20 19. Mar 20 10,000 €5.00 €48,698
17. Mar 20 Buy Olivier Piou Individual 16. Mar 20 16. Mar 20 20,000 €4.85 €96,958
02. Mar 20 Buy Olivier Piou Individual 28. Feb 20 28. Feb 20 10,000 €13.74 €137,395
23. Dec 19 Sell Maryann Mannen Individual 23. Dec 19 23. Dec 19 -14,500 €18.79 €-272,482
25. Nov 19 Buy Olivier Piou Individual 22. Nov 19 22. Nov 19 3,000 €17.67 €53,021
X
Management checks
We assess TechnipFMC's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TechnipFMC has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1T1 News

Simply Wall St News

1T1 Company Info

Description

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.

Details
Name: TechnipFMC plc
1T1
Exchange: DB
Founded: 1958
$2,979,355,665
448,301,625
Website: http://www.technipfmc.com
Address: TechnipFMC plc
One St. Paul’s Churchyard,
London,
Greater London, EC4M 8AP,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE FTI Ordinary Shares New York Stock Exchange US USD 17. Jan 2017
DB 1T1 Ordinary Shares Deutsche Boerse AG DE EUR 17. Jan 2017
LSE 0RMV Ordinary Shares London Stock Exchange GB EUR 17. Jan 2017
SWX FTI Ordinary Shares SIX Swiss Exchange CH CHF 17. Jan 2017
ENXTPA FTI Ordinary Shares Euronext Paris FR EUR 17. Jan 2017
WBAG FTI Ordinary Shares Wiener Boerse AG AT EUR 17. Jan 2017
BATS-CHIXE FTIP Ordinary Shares BATS 'Chi-X Europe' GB EUR 17. Jan 2017
BOVESPA T1EC34 BDR EACH REPR 1 SHS UNSPON Bolsa de Valores de Sao Paulo BR BRL 27. Jan 2020
Number of employees
Current staff
Staff numbers
37,000
TechnipFMC employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 22:44
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/04/02
Last earnings filing: 2020/03/03
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.