Equity research report technipFMC - anticipating the energy transition during pandemic-related volatility

Abstract

This report is an excerpt of the comprehensive Equity Research Report on TechnipFMC. This research starts by providing an overview of the business and its corresponding markets. Hereafter, a variety of factors are analyzed to provide a comprehensive picture of potential risks related to investments in TechnipFMC’s shares, ranging from macro-economic market forces to the company’s competitive position, as well as the energy transition and company financials. Then, an elaborate forecast is presented, focusing on potential fluctuations of value drivers and their respective effects on revenue segments. Lastly, a valuation is conducted based on the forecasted numbers in order to provide a mean share price to calculate potential returns. TechnipFMC is assigned a BUY rating with an estimated share price of USD 28.33 in FY2021.This excerpt will include an industry overview, competitive benchmarking and forecast of results.