Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

TECHNIP (TEC)

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..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
Analysis summary4-Traders Strategies 

TECHNIP : Perfect timing for a technical rebound

share with twitter share with LinkedIn share with facebook
share via e-mail
02/12/2013 | 09:58am
Opinion : Bullish above EUR 77.45
Target price : EUR 82.8
Stop loss: EUR 75.8
EURONEXT PARIS
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



share with twitter share with LinkedIn share with facebook
share via e-mail

Disclaimer: 4-traders.com is a website published by SURPERFORMANCE SAS. Surperformance or 4-traders.com is not a registered broker-dealer nor a registered investment adviser. You understand that this web site and its content is furnished for your personal, noncommercial, informational purposes only, and that no mention of a particular security in this website constitutes a recommendation to buy, sell, or hold any other security, nor that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Surperformance and 4-traders.com services will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Information regarding trading and investment as provided by Surperformance professional is not tailored to the investment needs of any specific person. You acknowledge that you are responsible for your own financial decisions and should seek a registered financial agent depending on your own risk tolerance to advise you on your personal trading activities.

Advertisement
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