FMC Corp
FMC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.<>ZCp< | LOCK|Z^ | LOCK|r#% |
FMC: Shares Materially Undervalued as Strong Recovery Set to Begin in Second Half of Year
FMC profits fell in 2023 and 2024 from inventory destocking due to the unwinding of excess product built up from covid-related supply chain fears. Some of the strongest destocking occurred in Brazil, FMC's largest market, leading the company to underperform its peers.
