TechnipFMC PLC (FTI) Fair Value & Analysis
Energy · US · Market cap $29.7B · ISIN GB00BDSFG982
What is TechnipFMC PLC really worth?
A strong business, but trading 192% above our fair value of $27.43.
Strengths
Risks
For context
Fair value as of: Aug 13, 2026
From 25 valuation models · updated 22 days ago
Fair value updated Aug 13, 2026, revised from $27.57 to $27.43 (−0.5%) since Jul 15, 2026. Share price +14.4% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- A high-quality business (quality 76/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case ($36.39). The favourable scenario is already priced in.
- A fairly wide model range ($18.46 to $36.39) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range $5.47 – $80.08 · fair‑value band $18.46 – $36.39 · the $80.08 price screens above the $27.43 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
TechnipFMC PLC (FTI) currently trades at $80.08, while our model-based Fair Value estimate is $27.43, implying the stock looks roughly 192.0% overvalued today. The Quality Score stands at 76/100 (high quality), in the Energy sector. Bull case: the DCF Models group reads highest at a median of $41.62 per share, and 0 of the 25 models we run sit above the $80.08 price. Bear case: the Dividend Discount group reads lowest at $2.77, and 25 of the 25 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, TechnipFMC PLC generated revenue of $10.2B at a net margin of 10.6%. Revenue grew 11.6% year over year. It earns a return on equity of 33.4%. Net debt stands at $984M. Fundamentals as of Aug 13, 2026
Our scenario range runs from $18.46 (bear case) to $36.39 (bull case); at $80.08, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 152% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at −41% fair-value upside, at −66%, FTI screens richer than that median.
Fair Value models
This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly $1.63 per share, which is 5.9 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 25 models by family
Widest divergence: DCF Models ($41.62) versus Dividend Discount ($2.77). Highest evidence: FCF DCF (81).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 73 · Market factors (momentum, volatility) 83
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
TechnipFMC plc engages in the oil and natural gas projects, technologies, systems, and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments, Subsea and Surface Technologies.
Full company description
TechnipFMC plc engages in the oil and natural gas projects, technologies, systems, and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. It operates through two segments, Subsea and Surface Technologies. The Subsea segment engages in design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipeline systems used in oil and natural gas production and transportation. It provides subsea production systems; subsea processing systems; subsea umbilicals, risers and flowlines; vessels; drilling, installation, and intervention and plug and abandonment; maintenance, asset integrity, and production management; robotics; and subsea studio digital platform. The Surface Technologies segment designs, manufactures, and services products and systems used in land and shallow water exploration and production of oil and natural gas. This segment offers drilling; surface wellheads and production trees systems; iComplete, a pressure control system; fracturing tree systems, fracturing valve greasing systems, hydraulic or electric control units, service-less valves, fracturing manifold systems, and rigid and flexible flowlines; flexible pipes; safety and integrity systems, multiphase meter modules, in-line separation and processing systems, compact ball valves for manifolds, and standard pumps; well control and integrity systems; and skid solutions. It also offers planning, testing and installation, commissioning, operations, replacement and upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning, and abandonment; and supplies flowline products and services. TechnipFMC plc was founded in 1884 and is headquartered in Newcastle upon Tyne, the United Kingdom.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
TechnipFMC PLC reported revenue of $9.9B in FY2025 versus $6.4B in FY2021, a compound +11.6%/yr. Reported net income was $964M in FY2025, compounding +191.8%/yr from FY2021.
of which total revenue −2.2 % · buybacks/dilution −12.9 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
FTI screens 192% overvalued. Compare with SLB N.V →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- TechnipFMC to Speak at Barclays 40th Annual Energy-Power Conference
- Zacks Industry Outlook Highlights TechnipFMC, Oceaneering International, Inc. and Core Laboratories
- TechnipFMC’s (FTI) Deepwater Deal Streak Meets A Flattening Backlog
- TechnipFMC (FTI) Stock Could Be 29% Undervalued Following Subsea 2.0 Delivery
Peer Group
Oil & Gas Equipment & Services · 185 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| SLB N.V SLB | $57.33 | $28.66 | −50% |
| Baker Hughes Company BKR | $64.63 | $32.40 | −50% |
| Halliburton Company HAL | $36.18 | $21.50 | −41% |
| Tenaris S.A TS | $53.09 | $45.68 | −14% |
| Yantai Jereh Oilfield Services Group 002353 | ¥144.58 | ¥34.17 | −76% |
| Saipem SpA SPM | €4.57 | €2.72 | −40% |
| Subsea 7 S.A SUBC | kr 341.20 | kr 221.37 | −35% |
| China Oilfield Services Limited 601808 | ¥12.31 | ¥12.64 | +3% |
| Gaztransport & Technigaz SA GTT | €211.80 | €95.01 | −55% |
| Kodiak Gas Services, Inc KGS | $59.55 | $13.56 | −77% |
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