Financials FMC Corporation

Equities

FMC

US3024913036

Agricultural Chemicals

Market Closed - Nyse 01:30:02 15/06/2024 am IST 5-day change 1st Jan Change
54.79 USD -1.14% Intraday chart for FMC Corporation -3.30% -13.10%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,938 14,913 13,929 15,608 7,866 6,839 - -
Enterprise Value (EV) 1 15,858 17,612 16,584 18,310 11,521 10,377 9,997 9,827
P/E ratio 27.6 x 27.2 x 19.3 x 21.5 x 5.99 x 15.6 x 10.8 x 10.1 x
Yield 1.64% 1.57% 1.78% 1.74% 3.68% 4.26% 4.27% 4.74%
Capitalization / Revenue 2.81 x 3.21 x 2.76 x 2.69 x 1.75 x 1.52 x 1.41 x 1.34 x
EV / Revenue 3.44 x 3.79 x 3.29 x 3.16 x 2.57 x 2.3 x 2.06 x 1.93 x
EV / EBITDA 13 x 14.1 x 12.5 x 13 x 11.8 x 10.8 x 8.66 x 7.83 x
EV / FCF 40.2 x 26.3 x 20.8 x 35.4 x -26.5 x 18.4 x 15.6 x 16.5 x
FCF Yield 2.49% 3.8% 4.81% 2.83% -3.77% 5.42% 6.39% 6.05%
Price to Book 5.14 x 5.02 x 4.56 x 4.62 x 1.78 x 1.54 x 1.46 x 1.39 x
Nbr of stocks (in thousands) 1,29,615 1,29,757 1,26,751 1,25,066 1,24,759 1,24,818 - -
Reference price 2 99.82 114.9 109.9 124.8 63.05 54.79 54.79 54.79
Announcement Date 05/02/20 09/02/21 08/02/22 07/02/23 05/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,610 4,642 5,045 5,802 4,487 4,508 4,852 5,087
EBITDA 1 1,220 1,250 1,324 1,407 978 964 1,154 1,255
EBIT 1 1,070 1,088 1,153 1,238 793.7 772.8 969.7 1,063
Operating Margin 23.22% 23.43% 22.86% 21.33% 17.69% 17.14% 19.99% 20.89%
Earnings before Tax (EBT) 1 655 729.8 893.8 983.9 300.2 548.9 777.2 869.2
Net income 1 477.4 551.5 736.5 736.5 1,322 430.1 630.5 674.2
Net margin 10.36% 11.88% 14.6% 12.69% 29.45% 9.54% 12.99% 13.25%
EPS 2 3.620 4.220 5.700 5.810 10.53 3.512 5.062 5.415
Free Cash Flow 1 394.6 669.6 798.5 517.7 -434.2 562.5 639.2 595
FCF margin 8.56% 14.42% 15.83% 8.92% -9.68% 12.48% 13.18% 11.7%
FCF Conversion (EBITDA) 32.33% 53.55% 60.3% 36.79% - 58.35% 55.4% 47.41%
FCF Conversion (Net income) 82.66% 121.41% 108.42% 70.29% - 130.78% 101.39% 88.26%
Dividend per Share 2 1.640 1.800 1.960 2.170 2.320 2.335 2.340 2.597
Announcement Date 05/02/20 09/02/21 08/02/22 07/02/23 05/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2
Net sales 1 1,414 1,351 1,452 1,377 1,622 1,344 1,014 981.9 1,146 918 1,048 1,985 1,143 1,378 2,515 1,077 1,150
EBITDA 1 376.7 354.8 359.5 261 432 361.7 187.6 174.6 254.1 160.6 192.5 363 242.4 353 584 265.9 276.7
EBIT 1 334.3 312.4 316.7 219.6 389.2 317 139.5 129 208.2 114.9 146.8 271 195.7 308.8 491 205.3 233.6
Operating Margin 23.65% 23.13% 21.81% 15.95% 24% 23.58% 13.75% 13.14% 18.17% 12.52% 14.01% 13.65% 17.12% 22.41% 19.52% 19.05% 20.31%
Earnings before Tax (EBT) 1 240.3 269.1 196.7 170.5 347.6 248.5 63.1 32 -43.4 8 98 - 175 256.5 - 172 181
Net income 1 193.1 207.4 134.2 121 273.9 196 30.5 -3.5 1,098 -2.7 82.5 - 147.5 216.7 - 129.7 136.5
Net margin 13.66% 15.35% 9.24% 8.79% 16.89% 14.58% 3.01% -0.36% 95.85% -0.29% 7.87% - 12.9% 15.73% - 12.03% 11.87%
EPS 2 1.520 1.640 1.060 0.9500 2.170 1.550 0.2400 -0.0300 8.770 -0.0200 0.6450 0.9800 1.035 1.790 2.530 1.038 1.093
Dividend per Share 2 0.5600 0.5300 0.5300 0.5300 0.5300 0.5800 0.5300 - - - 0.5813 - 0.5813 0.5813 - 0.5795 0.5795
Announcement Date 08/02/22 02/05/22 02/08/22 01/11/22 07/02/23 01/05/23 02/08/23 30/10/23 05/02/24 06/05/24 - - - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,920 2,699 2,656 2,702 3,655 3,538 3,158 2,988
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.392 x 2.158 x 2.006 x 1.92 x 3.737 x 3.67 x 2.737 x 2.381 x
Free Cash Flow 1 395 670 799 518 -434 563 639 595
ROE (net income / shareholders' equity) 27.8% 29.2% 24.4% 28.7% 12.1% 10.1% 13.2% 14.5%
ROA (Net income/ Total Assets) 4.81% 8.07% 7.09% 6.74% 4.11% 3.31% 4.13% 4.45%
Assets 1 9,924 6,837 10,384 10,922 32,164 13,003 15,267 15,136
Book Value Per Share 2 19.40 22.90 24.10 27.00 35.40 35.70 37.40 39.40
Cash Flow per Share 2 3.700 5.640 7.000 5.210 -2.400 4.720 5.430 6.160
Capex 1 93.9 67.2 100 142 134 115 136 142
Capex / Sales 2.04% 1.45% 1.98% 2.45% 2.98% 2.55% 2.8% 2.78%
Announcement Date 05/02/20 09/02/21 08/02/22 07/02/23 05/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
54.79 USD
Average target price
72.56 USD
Spread / Average Target
+32.43%
Consensus
  1. Stock Market
  2. Equities
  3. FMC Stock
  4. Financials FMC Corporation