An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · 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.
VERDICT
The label
Markup
read at $69.62
TechnipFMC plc holds its Markup at $69.62.
PHPhase · the trend structure carries the Markup label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-08-06
Phase
Markup
Quantitative state
The statistical read favours the sellers, held for 8 days
Price
$69.62
Valuation
24.34 trailing · 19.44 forward price to earnings
Values screen
PASS· score 70.0
Beta
0.74
OPPORTUNITY
The opportunity · what the numbers say it is worth
Read at
$69.62
24.34 P/E · 19.44 fwd
Our fair value
$55.13
21% premium
Analyst target (avg)
$80.00
+15% to current
Target low $45.00Analyst target rangeTarget high $87.00
▲ current $69.62 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$69.62
you are here
Conservative
$40.50
-42%
Analyst avg
$80.00
+15%
Our fair value
$55.13
-21%
Analyst high
$87.00
+25%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish — a quality-at-a-fair-price name rather than a deep-value one.
Revenue growth
9.00%
Profit margin
11.28%
Debt to equity
37.90
Analyst consensus
Buy · 21 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is just 13.3% of its assets, well under the one-third ceiling — it does not run on borrowed money.Pass
Interest-bearing cashCash held in interest-bearing accounts and securities is 0.1% of assets, under the one-third limit.Pass
ReceivablesMoney owed to the company is 21.4% of assets, under the 49% limit.Pass
Revenue purityOnly 0.4% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Oil services priced past its cycle peak
Picture an oil rig crew paid top dollar while crude prices sit near their highs. TechnipFMC sits in that spot today. The shares trade at $72 against our $55 fair value, a 24 percent stretch that leaves no margin of safety and earns a none rating. Narrow moat, 11 percent margins and 33 percent ROE look solid on paper, yet the business lives and dies with project awards that dry up fast when energy spending turns.
Revenue growth of 12 percent and a 20.3 times forward multiple might seem reasonable until you remember this is a cyclical sector. Peak earnings often produce low or middling multiples that later look expensive once orders slow. Twenty one analysts calling it a buy with an $80 median target do not change the arithmetic.
Currency swings, contract delays and the usual oil price roller coaster remain real threats. The ethical screen is clear, yet the valuation gap and cycle timing still rule it out. Analysis, not advice.
Screened names in the same industry · explore each on its own page.
TRADER
The trader read · the latest dated commentary
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 6.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 28% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 114%. Our forward projection puts the odds of a 10% gain over the next month near 38%. The street (21 analysts) rates it buy, with a mean price target of $76. Entered 2026-07-30 · Markup
JOURNAL
The dated journal · newest first, never edited
2026-07-30Markup · changed$75.04+6.0%Entry 4
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 6.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 28% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 114%. Our forward projection puts the odds of a 10% gain over the next month near 38%. The street (21 analysts) rates it buy, with a mean price target of $76.
2026-07-18Distribution$70.79+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 28% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 114%. Our forward projection puts the odds of a 10% gain over the next month near 38%. The street (21 analysts) rates it buy, with a mean price target of $76.
2026-07-03Distribution$70.79+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Distribution$70.79Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
RETURNS
What holding actually paid · price plus dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$71.10
-1.2%
$0.05
$988
-1.2%
2 months
$73.74
-4.8%
$0.05
$953
-4.7%
3 months
$62.43
+12.5%
$0.10
$1,126
+12.6%
6 months
$46.35
+51.5%
$0.10
$1,517
+51.7%
1 year
$32.83
+113.9%
$0.20
$2,145
+114.5%
2 years
$24.64
+185.0%
$0.40
$2,867
+186.7%
3 years
$14.62
+380.2%
$0.60
$4,843
+384.3%
5 years
$9.93
+607.3%
$0.60
$7,133
+613.3%
Historical returns from market close data. Past performance does not guarantee future results.
SEALED
This entry now belongs to the ledger. Whatever FTI does next, these words stay.
TechnipFMC plc · FTI · Markup · $69.62
Recorded 2026-08-06 · before the outcome · scored mechanically
