Fmc Corporation Stock Fair Value – FMC CORPORATION Reports Second Quarter Earnings of USD 1014.5 Million, Down 30.1% YOY
August 10, 2023
🌥️Earnings Overview
On August 2 2023, FMC CORPORATION ($NYSE:FMC) reported their FY2023 second quarter earnings results for the period ending June 30 2023, with total revenue of USD 1014.5 million, a decrease of 30.1% from the same quarter in the previous year. Net income for the quarter was USD 30.5 million, an alarming drop of 77.3% year over year.
Analysis – Fmc Corporation Stock Fair Value
GoodWhale has done an analysis of the financials of FMC CORPORATION. According to this analysis, the intrinsic value of FMC CORPORATION share is estimated to be around $125.3. This number has been calculated using our proprietary Valuation Line. At the present time, FMC CORPORATION stock is being traded at $92.8, which indicates that it is currently undervalued by 25.9%. Therefore, if investors purchase the stock now, they can benefit from the discrepancy in the price and the intrinsic value of the stock. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fmc Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 5.36k | 620.3 | 13.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fmc Corporation. More…
| Operations | Investing | Financing |
| 269.2 | -266.4 | 371.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fmc Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.95k | 8.57k | 27.76 |
Key Ratios Snapshot
Some of the financial key ratios for Fmc Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.1% | 5.5% | 19.3% |
| FCF Margin | ROE | ROA |
| 3.7% | 18.6% | 5.4% |
Peers
The company competes with other chemical companies such as Anhui Liuguo Chemical Co Ltd, Shandong Hualu-hengsheng Chemical Co Ltd, and Shandong Weifang Rainbow Chemical Co Ltd.
– Anhui Liuguo Chemical Co Ltd ($SHSE:600470)
Anhui Liuguo Chemical Co Ltd is a Chinese chemical company with a market cap of 3.31B as of 2022. The company has a Return on Equity of 15.93%. Liuguo Chemical is engaged in the manufacture and sale of chemical products. The company’s products are used in the textile, food, and pharmaceutical industries.
– Shandong Hualu-hengsheng Chemical Co Ltd ($SHSE:600426)
Shandong Hualu-hengsheng Chemical Co Ltd is a chemical company that produces and sells a variety of chemicals. The company has a market capitalization of 61.05 billion as of 2022 and a return on equity of 23.83%. The company’s products include organic and inorganic chemicals, dyestuffs, pigments, and other chemicals.
– Shandong Weifang Rainbow Chemical Co Ltd ($SZSE:301035)
Shandong Weifang Rainbow Chemical Co Ltd is a market leader in the production of dyes and pigments. The company has a strong market share in China and its products are sold in over 50 countries around the world. Rainbow Chemical is a publicly traded company with a market capitalization of over 26 billion US dollars as of 2022. The company has a strong return on equity of 19.47%. Rainbow Chemical is a vertically integrated manufacturer of dyes and pigments with a complete value chain from manufacturing to marketing. The company has a comprehensive product portfolio that covers all major applications in the dyestuff and pigment industry. Rainbow Chemical is committed to sustainable development and has a strong focus on environmental, health, and safety.
Summary
Investors should take note of FMC Corporation‘s second quarter earnings results for FY2023, which reported a total revenue of USD 1014.5 million, a decrease of 30.1% year over year. Net Income for the quarter was USD 30.5 million, a decrease of 77.3% compared to the same quarter last year. This shows that the company is facing financial difficulties and possible troubles in its operations.
Given this, investors should consider the potential risks before making any investment in the company and proceed with caution. It is also important to monitor ongoing news and updates from the company to better assess its current situation and make informed decisions.
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