NYSE: FMC ยท Agricultural Inputs

FMC (FMC) fair value and price range

As of 31 Oct 2026, Faircurve's model values FMC (FMC) at $11.34 a share. The stock last closed at $6.09, which puts the model's fair value 86.2% above the price. The inputs behind this valuation are under review, so no verdict is shown.

  • The latest balance sheet shows far less debt than the quarter before, with no matching repayment.

Revalued . Price is the close of 3 Nov 2026. FMC Corporation.

The report adds the live price, the price chart, the next earnings date and the analysts' consensus. No account needed.

Model fair value$11.34midpoint of 2,000 simulations
Last close$6.09NYSE: FMC
Gap to fair value+86.2%fair value against price
Model verdictData under reviewevidence grade: Low

This week, in three parts

What happenedThe run of 31 Oct 2026 moved the fair value from $7.50 to $11.34 (+51.2%). Net debt fell on the latest balance sheet: most of the move.

What the model makes of itThe price of $6.09 is 86.2% below it. The inputs behind this valuation are under review, so no verdict is shown.

What's nextNext report on 3 Feb 2027. The next weekly run is on Saturday 7 Nov 2026.

What price range does the model give FMC?

The calibrated range for FMC over 63 trading days is $9.19 to $13.55. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 10,454 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.

The price is below this range. For names with fair value 30%+ above price, the calibrated range has held the price 23% of the time over 63 trading days, and 76% ended below it; the typical move was +0.7%.

The model's own simulated range, from the 20th to the 80th percentile of its runs, is $10.61 to $12.05. In 100% of the simulations the fair value came out above the price the model ran on.

$9.94$12.77
Spread of the 2,000 simulated fair values. Solid line: the midpoint, $11.34. Dashed line: the last close, $6.09.

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When does FMC report earnings, and how has the stock reacted?

FMC's next earnings report is scheduled for 3 Feb 2027. Companies can move their dates.

Around its last 4 reports: what the options market priced, and what followed

Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across FMC's last 8 reports, ignoring direction, was 11.5%.

0%10%20%30%40%18.0%14.8%4 Feb '2622.5%0.8%29 Apr '26no quote8.1%29 Jul '26no quote38.7%29 Oct '26priced before the reportthe move that followed
What the options market priced for each report, against the size of the move that followed. Priced: the move implied by options expiring after the report, on the last quote before it. Followed: the close before the report to the close after. Sizes only, no direction.

Earlier reports are left out: the options record is on a different share basis.

What the options market has priced for a month's move in FMC

15%20%25%30%35%29 Apr '26 report4 Feb '26 report20% at 2 Jun '269 Jan '262 Jun '26
What the options market priced for a month's move (30-day implied volatility, scaled to one month). It read 23% on 9 Jan 2026, reached 28% on 30 Jan 2026 and reads 20% on 2 Jun 2026. The marks are report dates.

How does FMC score on business quality?

FMC's overall quality score is 66 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.

FactorScore (0 to 100)Headline measurePeer median
ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend.100494.9%ROIC-0.1%
Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash).100
Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes.12-18.3%Revenue growth, trailing0.4%
Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks.720.0%Net buybacks / market value0.0%
Balance sheetNet debt to EBITDA and interest coverage.500.83xNet debt / EBITDA11.33x
StabilityDownside volatility of the EBITDA margin over the last five years.168.0 ptsEBITDA margin downside volatility, 5y3.9 pts

How does FMC compare with similar companies?

The companies in agricultural inputs closest to FMC in market value, each on the same model and the same date.

CompanyLast closeModel fair valueGapModel verdict
SMG The Scotts Miracle-Gro Company$61.80$58.15-5.9%Low evidence grade
MOS The Mosaic Company$18.42$21.15+14.8%Data under review
CTVA Corteva, Inc.$11.88$11.65-1.9%Data under review
CF CF Industries Holdings, Inc.$116.81$124.27+6.4%Low evidence grade

What the comparable companies' multiples alone would give for FMC, the peer-implied price, is $72.00 a share on this run. The fair value weighs that against the company's own multiple.

All agricultural inputs stocks ranked by gap to fair value

FMC at a glance

FMC Corporation functions as an agricultural science enterprise, delivering products for crop safeguarding, plant wellness, and professional pest and turf management.

Market value
$776M
Sector
Basic Materials
Industry
Agricultural Inputs
Revenue expected, next twelve months
$3.5B
Consensus revenue growth, next fiscal year
-11.2%
Analysts with estimates
6
Beta to the US market
0.97
First valued by Faircurve
11 Jul 2026

How the fair value is worked out: the model prices FMC on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.

What changed in the latest valuation?

On 24 Oct 2026 the model's fair value for FMC was $7.50. As of 31 Oct 2026 it is $11.34, a change of +51.2%. Net debt fell on the latest balance sheet: most of the move. The model revalues every stock it covers each week, and again after an earnings report.

Questions about FMC's valuation

Is FMC stock undervalued or overvalued?

Faircurve's model puts FMC's fair value at $11.34 a share against a last close of $6.09, as of 31 Oct 2026. The inputs behind this valuation are under review, so no verdict is shown.

What is FMC's fair value?

$11.34 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $10.61 to $12.05.

What price range does the model give FMC?

$9.19 to $13.55 over 63 trading days. Ranges built this way held the price 60% of the time across 10,454 past valuations, refreshed 31 Oct 2026.

When does FMC report earnings next?

The next report is scheduled for 3 Feb 2027. Companies can move their dates.

How much has FMC moved on past earnings reports?

Across its last 8 reports the median two session move was 11.5%, ignoring direction. The largest was -49.1% around the report of 29 Oct 2025.

How confident is the model in this valuation?

The model's evidence grade for FMC is low. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.

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