Technip Energies NV
PAR:TE

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Technip Energies NV
PAR:TE
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Price: 40.32 EUR 2.28% Market Closed
Market Cap: €7.2B

EV/OCF

7.8
Current
115%
More Expensive
vs 3-y average of 3.6

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
7.8
=
Enterprise Value
€4.8B
/
Operating Cash Flow
€660.9m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
7.8
=
Enterprise Value
€4.8B
/
Operating Cash Flow
€660.9m

Valuation Scenarios

Technip Energies NV is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (3.6), the stock would be worth €18.75 (53% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-70%
Maximum Upside
+28%
Average Downside
22%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 7.8 €40.32
0%
3-Year Average 3.6 €18.75
-53%
5-Year Average 2.4 €12.17
-70%
Industry Average 8.4 €43.65
+8%
Country Average 9.9 €51.42
+28%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
FR
Technip Energies NV
PAR:TE
7.1B EUR 7.8 19.5
US
Schlumberger NV
NYSE:SLB
81.3B USD 13.4 24.1
US
Baker Hughes Co
NASDAQ:BKR
61.7B USD 16.3 23.9
US
Halliburton Co
NYSE:HAL
32.7B USD 12.9 25.5
LU
Tenaris SA
MIL:TEN
26.1B EUR 10.8 16
UK
TechnipFMC PLC
NYSE:FTI
28.9B USD 15.9 30.1
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
119.9B CNY 38.8 44.6
UK
Subsea 7 SA
OSE:SUBC
86.6B NOK 6.3 23.6
IT
Saipem SpA
MIL:SPM
7.6B EUR 5.1 26.4
CN
Sinopec Oilfield Service Corp
SSE:600871
51.4B CNY 11.4 76.8
US
Weatherford International PLC
NASDAQ:WFRD
7.2B USD 11.4 16.8

Market Distribution

In line with most companies in France
Percentile
41st
Based on 1 497 companies
41st percentile
7.8
Low
0.3 — 6.5
Typical Range
6.5 — 15.7
High
15.7 —
Distribution Statistics
France
Min 0.3
30th Percentile 6.5
Median 9.9
70th Percentile 15.7
Max 2 301.8

Technip Energies NV
Glance View

In the bustling world of energy and engineering, Technip Energies NV has carved out a distinct niche, delivering solutions across the full spectrum of energy transition. Emerging from the historic bifurcation of TechnipFMC in 2021, Technip Energies stood with a resolute focus on designing and delivering projects in the energy domain, particularly those tied to liquefied natural gas (LNG), hydrogen, and a host of sustainable ventures. It orchestrates the complex dance of planning, designing, and implementing large-scale infrastructure projects that anchor the energy supply chain, leveraging its vast experience and innovative prowess to orchestrate solutions that are both high-tech and environmentally forward-thinking. Technip Energies operates at the intersection of engineering excellence and groundbreaking sustainability practices, effectively monetizing its expertise by taking on contracts that range from detailed feasibility studies to the actual construction and commissioning of energy facilities. The company's comprehensive suite of offerings comprises both technology licensing and consulting services, with a keen focus on creating high-value engineering outputs that align with the modern aspirations of clean, renewable resources alongside traditional energy infrastructures. By partnering with industry stalwarts and emergent innovators alike, Technip Energies crafts symphonies of cyber-physical systems and infrastructure that not only sustain present energy demands but progressively align with the ever-pressing goals of global carbon neutrality. Through its adept ability to execute these capital-intensive projects—integrating digital solutions, innovative designs, and efficiency optimization—Technip Energies adeptly turns its renowned expertise into financial performance, ensuring a robust pipeline of revenues and continuing its trailblazing journey in the energy sector.

TE Intrinsic Value
36.35 EUR
Overvaluation 10%
Intrinsic Value
Price €40.32
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