FMC Co.’s stock holdings take a hit with Mirae Asset Global Investments Co. Ltd.

October 22, 2022

Categories: Intrinsic ValueTags: , , Views: 233

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Fmc Corp Stock Fair Value – FMC ($NYSE:FMC) Corporation is a chemical company that serves the agricultural, consumer and industrial markets. The company’s stock took a hit when Mirae Asset Global Investments Co. Ltd. sold off some of its holdings. The company has been in business for over a century and employs thousands of people. The sale of FMC shares by Mirae was unexpected and caught the markets off guard.

The move sent FMC’s stock price down and caused some investors to question the company’s future. FMC is a large and diversified company that is well-positioned to weather this setback. The company has a strong balance sheet and a history of delivering shareholder value. FMC’s stock is still a good long-term investment.

Share Price

So far, media exposure has been mostly positive. On Thursday, FMC CORP stock opened at $117.4 and closed at $115.4, down 1.1% from the previous closing price of $116.7.



VI Analysis – Fmc Corp Stock Fair Value Calculator

FMC Corp. is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania. FMC produces agricultural, industrial and consumer products. The fair value of FMC Corp. shares is around $119.5, according to the VI Line. The stock is currently trading at $115.4, which is a fair price that is undervalued by 4%.

VI 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

FMC Corp. is a chemical company that supplies products to the agricultural, industrial, and consumer markets. The company’s products include herbicides, insecticides, and fungicides. The company’s stock is traded on the New York Stock Exchange under the ticker symbol FMC. The company operates in three main business segments: Agricultural Solutions, Industrial Solutions, and Consumer Solutions.

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