Fluor Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 ($55.79) is trading below our estimate of fair value ($73.76)

Significantly Below Fair Value: FLR is trading below fair value by more than 20%.


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 Ratio36.8x
EarningsUS$260.00m
Market CapUS$9.57b

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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.1x
VMI Valmont Industries
22.9x9.0%US$6.9b
MTZ MasTec
124.7x36.8%US$11.1b
ACM AECOM
30.5x15.5%US$15.4b
ACA Arcosa
42.1x35.0%US$5.4b
FLR Fluor
36.8x17.5%US$9.6b

Price-To-Earnings vs Peers: FLR is good value based on its Price-To-Earnings Ratio (36.8x) compared to the peer average (55.1x).


Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
WLMS.Q Williams Industrial Services Group
n/an/aUS$26.00
No more companies available in this PE range
FLR 36.8xIndustry Avg. 36.8xNo. of Companies5PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FLR is expensive based on its Price-To-Earnings Ratio (36.8x) compared to the US Construction industry average (36.8x).


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 Ratio36.8x
Fair PE Ratio26.4x

Price-To-Earnings vs Fair Ratio: FLR is expensive based on its Price-To-Earnings Ratio (36.8x) compared to the estimated Fair Price-To-Earnings Ratio (26.4x).


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 FLR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$55.79
US$56.25
+0.8%
11.6%US$65.00US$44.50n/a10
Nov ’25US$52.89
US$54.70
+3.4%
13.9%US$66.00US$42.00n/a10
Oct ’25US$46.92
US$52.90
+12.7%
11.4%US$61.00US$42.00n/a10
Sep ’25US$50.07
US$52.90
+5.7%
11.4%US$61.00US$42.00n/a10
Aug ’25US$47.47
US$48.35
+1.9%
11.0%US$57.00US$38.00n/a10
Jul ’25US$43.24
US$45.39
+5.0%
9.4%US$50.00US$38.00n/a9
Jun ’25US$43.40
US$45.39
+4.6%
9.4%US$50.00US$38.00n/a9
May ’25US$40.41
US$44.28
+9.6%
9.9%US$50.00US$37.00n/a9
Apr ’25US$41.79
US$44.06
+5.4%
9.7%US$50.00US$37.00n/a9
Mar ’25US$36.65
US$43.81
+19.5%
10.2%US$50.00US$37.00n/a8
Feb ’25US$38.21
US$44.56
+16.6%
9.5%US$50.00US$37.50n/a8
Jan ’25US$39.17
US$44.31
+13.1%
9.6%US$50.00US$37.50n/a8
Dec ’24US$39.00
US$44.21
+13.4%
10.3%US$50.00US$37.50n/a7
Nov ’24US$33.60
US$41.29
+22.9%
14.4%US$48.00US$30.00US$52.897
Oct ’24US$36.70
US$39.43
+7.4%
14.6%US$48.00US$30.00US$46.927
Sep ’24US$35.70
US$39.38
+10.3%
13.9%US$48.00US$30.00US$50.078
Aug ’24US$31.23
US$35.56
+13.9%
15.1%US$45.00US$30.00US$47.479
Jul ’24US$29.60
US$35.56
+20.1%
15.1%US$45.00US$30.00US$43.249
Jun ’24US$26.58
US$35.78
+34.6%
15.0%US$45.00US$30.00US$43.409
May ’24US$29.03
US$36.75
+26.6%
13.0%US$45.00US$30.00US$40.418
Apr ’24US$30.91
US$37.25
+20.5%
13.3%US$45.00US$30.00US$41.798
Mar ’24US$37.61
US$37.25
-1.0%
13.3%US$45.00US$30.00US$36.658
Feb ’24US$37.24
US$34.44
-7.5%
12.8%US$40.00US$26.50US$38.218
Jan ’24US$34.66
US$33.31
-3.9%
12.5%US$40.00US$26.50US$39.178
Dec ’23US$33.73
US$33.31
-1.2%
12.5%US$40.00US$26.50US$39.008
Nov ’23US$30.97
US$26.94
-13.0%
9.0%US$32.00US$24.00US$33.608

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


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