Fluor Valuation

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

FLR * (MX$985.27) is trading below our estimate of [[fair value]] (MX$1120.12)

Is FLR * 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 FLR * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FLR * (MX$985.27) is trading below our estimate of fair value (MX$1120.12)

Significantly Below Fair Value: FLR * is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FLR *. This is calculated by dividing FLR *'s market cap by their current earnings.
What is FLR *'s PE Ratio?
PE Ratio	37x
Earnings	US$260.00m
Market Cap	US$9.57b

FLR * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.5x
Enterprise Value/EBITDA	25.6x
PEG Ratio	2.1x

Price to Earnings Ratio vs Peers

How does FLR *'s PE Ratio compare to its peers?

The above table shows the PE ratio for FLR * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	19.1x
IDEAL B-1 Impulsora del Desarrollo y el Empleo en América Latina. de	13.6x	n/a	Mex$110.6b
ARISTOS A Consorcio Aristos. de	38.4x	n/a	Mex$6.9b
GMD * Grupo Mexicano de Desarrollo	5.4x	n/a	Mex$2.0b
GCARSO A1 Grupo Carso. de	18.9x	15.6%	Mex$269.2b
FLR * Fluor	37x	17.5%	Mex$9.6b

Price-To-Earnings vs Peers: FLR * is expensive based on its Price-To-Earnings Ratio (37x) compared to the peer average (19.1x).

Price to Earnings Ratio vs Industry

How does FLR *'s PE Ratio compare vs other companies in the Global Construction Industry?

41 Companies	Price / Earnings	Estimated Growth	Market Cap

41 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: FLR * is expensive based on its Price-To-Earnings Ratio (37x) compared to the Global Construction industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is FLR *'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.

FLR * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	37x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FLR *'s Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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