Added to YB: 2026-07-09
Pitch date: 2026-07-07
FMC [neutral]
FMC Corporation
-5.69%
current return
Author Info
No bio for this author
Company Info
FMC Corporation, an agricultural sciences company, develops, markets, and sells crop protection chemicals in Latin America, North America, Europe, the Middle East, Africa, and Asia.
Market Cap
$1.4B
Pitch Price
$11.60
Price Target
N/A
Dividend
2.76%
EV/EBITDA
15.35
P/E
-0.59
EV/Sales
1.67
Sector
Chemicals
Category
special_situation
KEDM Lite Vol. 21 - FMC Corporation
FMC (update): Ag chem strategic review concluded via $400m equity investment from Tessenderlo at $13.30/sh (~20% stake, vs ~$12.40). Funds ~$1bn debt paydown target. Weak results, 2026 guided down again (Rynaxypyr post-patent decline). Balance sheet actions: $1.2bn bond, India sale $252m, Corteva $200m prepay, $114m sale-leaseback. Market pricing no recovery; if execution lands, massive rerating potential.
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