Fluor Corporation

DB:FLU Stock Report

Market Cap: €8.1b

Fluor Valuation

Is FLU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FLU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€46.26
Fair Value
1.0% overvalued intrinsic discount
10
Number of Analysts

Below Fair Value: FLU (€46.71) is trading above our estimate of fair value (€46.26)

Significantly Below Fair Value: FLU is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FLU?

Key metric: As FLU is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FLU. This is calculated by dividing FLU's market cap by their current earnings.
What is FLU's PE Ratio?
PE Ratio32.5x
EarningsUS$260.00m
Market CapUS$8.37b

Price to Earnings Ratio vs Peers

How does FLU's PE Ratio compare to its peers?

The above table shows the PE ratio for FLU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average44.3x
HOT HOCHTIEF
14.9x1.8%€10.7b
NCH2 thyssenkrupp nucera KGaA
106.6x38.0%€1.2b
B5A0 BAUER
34.9x38.2%€190.2m
G1A GEA Group
21x9.0%€8.5b
FLU Fluor
32.5x17.3%€8.4b

Price-To-Earnings vs Peers: FLU is good value based on its Price-To-Earnings Ratio (32.5x) compared to the peer average (44.3x).

Price to Earnings Ratio vs Industry

How does FLU's PE Ratio compare vs other companies in the European Construction Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FLU 32.5xIndustry Avg. 13.5xNo. of Companies16PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FLU is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the European Construction industry average (14x).

Price to Earnings Ratio vs Fair Ratio

What is FLU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FLU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.5x
Fair PE Ratio22.1x

Price-To-Earnings vs Fair Ratio: FLU is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the estimated Fair Price-To-Earnings Ratio (22.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FLU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€46.71
€55.37
+18.5%
12.9%€64.35€42.74n/a10
Feb ’26€46.47
€55.37
+19.1%
12.9%€64.35€42.74n/a10
Jan ’26€47.67
€55.70
+16.8%
13.0%€64.62€42.92n/a10
Dec ’25€52.40
€54.69
+4.4%
12.7%€64.34€42.73n/a10
Nov ’25€47.89
€50.67
+5.8%
13.9%€61.14€38.90n/a10
Oct ’25€42.48
€48.41
+14.0%
11.4%€55.83€38.44n/a10
Sep ’25€44.68
€48.41
+8.4%
11.4%€55.83€38.44n/a10
Aug ’25€44.25
€44.41
+0.4%
11.0%€52.36€34.91n/a10
Jul ’25€40.63
€42.03
+3.4%
9.4%€46.30€35.18n/a9
Jun ’25€38.65
€42.03
+8.7%
9.4%€46.30€35.18n/a9
May ’25€37.78
€41.57
+10.0%
9.9%€46.94€34.74n/a9
Apr ’25€38.51
€40.25
+4.5%
9.7%€45.68€33.80n/a9
Mar ’25€33.78
€40.49
+19.9%
10.2%€46.21€34.20n/a8
Feb ’25€34.61
€41.11
+18.8%
9.5%€46.13€34.60€46.478
Jan ’25€35.70
€40.52
+13.5%
9.6%€45.72€34.29€47.678
Dec ’24€34.50
€40.65
+17.8%
10.3%€45.97€34.47€52.407
Nov ’24€31.39
€38.98
+24.2%
14.4%€45.32€28.32€47.897
Oct ’24€34.32
€37.53
+9.4%
14.6%€45.69€28.56€42.487
Sep ’24€32.01
€35.93
+12.2%
13.9%€43.80€27.37€44.688
Aug ’24€28.50
€33.21
+16.5%
15.1%€42.03€28.02€44.259
Jul ’24€27.04
€33.21
+22.8%
15.1%€42.03€28.02€40.639
Jun ’24€24.61
€33.48
+36.0%
15.0%€42.11€28.07€38.659
May ’24€26.27
€33.45
+27.3%
13.0%€40.96€27.31€37.788
Apr ’24€27.33
€34.94
+27.8%
13.3%€42.21€28.14€38.518
Mar ’24€34.28
€34.94
+1.9%
13.3%€42.21€28.14€33.788
Feb ’24€33.58
€31.65
-5.7%
12.8%€36.76€24.35€34.618
Analyst Price Target
Consensus Narrative from 10 Analysts
€54.58
Fair Value
14.4% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 18:05
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fluor Corporation is covered by 38 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew WittmannBaird
Andrew KaplowitzBarclays
Adam SeidenBarclays