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Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  TECHNIP    TEC   FR0000131708


Real-time Quote. Real-time Tradegate - 05/24 09:42:56 pm
48.463 EUR   +2.34%
08:21p TECHNIP : Results of the option to receive the dividend payment for ..
05/21 TECHNIP : signs merger deal with FMC Technologies to create $13bn oi..
05/20 TECHNIP : FMC Technologies and Technip to Combine, Driving Change by..
Analysis summary4-Traders Strategies 

TECHNIP : Perfect timing for a technical rebound

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02/12/2013 | 09:58am
Opinion : Bullish above EUR 77.45
Target price : EUR 82.8
Stop loss: EUR 75.8
Oil Related Services and Equipment

In the past few sessions, Technip shares have suffered from a sharp fall and is now coming back on significant level support.

From a fundamental viewpoint, the security is cheap with a PER of 17.18x for 2012 and 13.45x for 2013. Besides, EV/Sales is low with a ratio at 1.01x for this year.

Technically, in daily data, even if moving averages are still in a downtrend, a positive reaction in the EUR 77.45 area should stop this trend and allow a technical rebound towards EUR 82.75. Moreover, technical indicators show a significant oversold condition which strengthens this bullish scenario.

Therefore, the proximity of the EUR 77.45 support is an opportunity to take a long position in Technip. The first goal is a return in the EUR 82.75 resistance area. In fact, the security has to cross this area in order to re-establish a bullish trend in the short term. A stop loss order can be placed under the support currently tested.

TECHNIP : TECHNIP : Perfect timing for a technical rebound

© Zonebourse.com 2013

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Financial Ratios

Size 2016e 2017e
Capitalization 5 636 M€ -
Entreprise Value (EV) 5 589 M€ 5 624 M€
Valuation 2016e 2017e
P/E ratio (Price / EPS) 10,6x 15,0x
Capitalization / Revenue 0,52x 0,62x
EV / Revenue 0,52x 0,61x
EV / EBITDA 4,84x 6,14x
Yield (DPS / Price) 4,10% 4,09%
Price to book (Price / BVPS) 1,15x 1,14x
Profitability 2016e 2017e
Operating Margin (EBIT / Sales) 7,89% 6,96%
operating Leverage (Delta EBIT / Delta Sales) -1,18x -1,67x
Net Margin (Net Profit / Revenue) 4,94% 4,18%
ROA (Net Profit / Asset) 4,23% 3,08%
ROE (Net Profit / Equities) 11,6% 7,65%
Rate of Dividend 43,6% 61,2%
Balance Sheet Analysis 2016e 2017e
CAPEX / Sales   2,19% 2,92%
Cash Flow / Sales 7,33% 6,26%
Capital Intensity (Assets / Sales) 1,17x 1,36x
Financial Leverage (Net Debt / EBITDA) -0,04x -0,01x
Income Statement Evolution
More Financials
EPS Revisions