TechnipFMC plc logo FTI - TechnipFMC plc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 32
HOLD 18
SELL 0
STRONG
SELL
0
| PRICE TARGET: $69.86 DETAILS
HIGH: $83.00
LOW: $56.00
MEDIAN: $70.00
CONSENSUS: $69.86
DOWNSIDE: 1.59%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Oil & Gas E&P 85% confidence

Primary model: FCF at Price Deck × Multiple

Valuation Signal Overvalued Strong
Trading 100.8% above fair value
Current Price $70.99
Bear Case $18.99 73.3% downside ($18.99 - $70.99) / $70.99 = -73.3% FCF $457M × 10x
Fair Value $35.36 50.2% downside ($35.36 - $70.99) / $70.99 = -50.2% FCF $590M × 13x
Bull Case $55.92 21.2% downside ($55.92 - $70.99) / $70.99 = -21.2% FCF $722M × 16x

Adjust Assumptions

75.0$/bbl
13.0x

Key Value Driver

Oil price assumption ($75/bbl base case)

Implied Market Multiple 49.7x

Plain-Language Summary

Our base-case estimate uses a valuation based on free cash flow under different commodity price assumptions and a valuation multiple. We then blend that result with the average analyst price target of $69.86 from 50 analysts, using a 35% weight on analyst consensus. That produces an estimated intrinsic value of $35.36 per share.

Warnings

If oil drops to $60/barrel, the stock could fall -87%. Check whether the company can survive at low prices and still pay its dividend.
Where you think oil prices will settle long-term drives over 80% of this valuation. The biggest risk isn't the company itself — it's getting the commodity price wrong.
Wall Street's average price target is $69.86 (from 50 analysts). Our estimate is 76% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — commodity volumes do not compound
  • Geopolitical premiums are real but historically temporary
  • Reserve replacement ratio below 100% for 3 years is existential