Flowserve Corporation

NYSE:FLS Stock Report

Market Cap: US$8.3b

Flowserve Valuation

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

Discounted Cash Flow
Simply Wall St
US$75.16
Fair Value
15.7% undervalued intrinsic discount
10
Number of Analysts

Below Fair Value: FLS ($63.35) is trading below our estimate of fair value ($75.16)

Significantly Below Fair Value: FLS 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 FLS?

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

The above table shows the Price to Earnings ratio for FLS. This is calculated by dividing FLS's market cap by their current earnings.
What is FLS's PE Ratio?
PE Ratio31.1x
EarningsUS$267.84m
Market CapUS$8.31b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FLS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.8x
DCI Donaldson Company
20.1x6.7%US$8.4b
MIDD Middleby
22.9x10.1%US$9.0b
ESAB ESAB
27.7x10.5%US$7.4b
WTS Watts Water Technologies
24.7x5.4%US$6.9b
FLS Flowserve
31.1x26.0%US$8.3b

Price-To-Earnings vs Peers: FLS is expensive based on its Price-To-Earnings Ratio (31.1x) compared to the peer average (23.8x).

Price to Earnings Ratio vs Industry

How does FLS's PE Ratio compare vs other companies in the US Machinery Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AIRJ AirJoule Technologies
2.1xn/aUS$460.71m
CVGI Commercial Vehicle Group
2.4x-37.8%US$65.67m
FATH Fathom Digital Manufacturing
2.6xn/aUS$35.24m
No more companies available in this PE range
FLS 31.1xIndustry Avg. 24.2xNo. of Companies10PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FLS is expensive based on its Price-To-Earnings Ratio (31.1x) compared to the US Machinery industry average (24.2x).

Price to Earnings Ratio vs Fair Ratio

What is FLS'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.

FLS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.1x
Fair PE Ratio29.9x

Price-To-Earnings vs Fair Ratio: FLS is expensive based on its Price-To-Earnings Ratio (31.1x) compared to the estimated Fair Price-To-Earnings Ratio (29.9x).

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 FLS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$63.35
US$70.80
+11.8%
7.0%US$80.00US$62.00n/a10
Jan ’26US$57.52
US$68.80
+19.6%
8.1%US$80.00US$60.00n/a10
Dec ’25US$61.02
US$64.40
+5.5%
6.9%US$72.00US$55.00n/a10
Nov ’25US$53.54
US$62.60
+16.9%
6.0%US$66.00US$55.00n/a10
Oct ’25US$51.87
US$56.56
+9.0%
8.5%US$62.00US$46.00n/a9
Sep ’25US$49.88
US$56.56
+13.4%
8.5%US$62.00US$46.00n/a9
Aug ’25US$48.95
US$56.90
+16.2%
8.2%US$62.00US$46.00n/a10
Jul ’25US$46.87
US$54.40
+16.1%
8.1%US$60.00US$44.00n/a10
Jun ’25US$49.70
US$54.40
+9.5%
8.1%US$60.00US$44.00n/a10
May ’25US$47.23
US$54.40
+15.2%
8.1%US$60.00US$44.00n/a10
Apr ’25US$45.98
US$48.20
+4.8%
6.1%US$51.00US$41.00n/a10
Mar ’25US$42.64
US$48.20
+13.0%
6.1%US$51.00US$41.00n/a10
Feb ’25US$40.73
US$46.20
+13.4%
7.8%US$50.00US$38.00US$62.6210
Jan ’25US$41.22
US$46.20
+12.1%
7.8%US$50.00US$38.00US$57.5210
Dec ’24US$38.75
US$46.20
+19.2%
7.8%US$50.00US$38.00US$61.0210
Nov ’24US$36.46
US$46.20
+26.7%
7.8%US$50.00US$38.00US$53.5410
Oct ’24US$39.77
US$44.73
+12.5%
10.2%US$50.00US$36.00US$51.8711
Sep ’24US$40.23
US$42.91
+6.7%
9.9%US$50.00US$36.00US$49.8811
Aug ’24US$37.90
US$40.36
+6.5%
9.8%US$49.00US$34.00US$48.9511
Jul ’24US$37.15
US$39.55
+6.4%
7.5%US$45.00US$34.00US$46.8711
Jun ’24US$33.08
US$39.55
+19.5%
7.5%US$45.00US$34.00US$49.7011
May ’24US$33.92
US$37.45
+10.4%
9.0%US$42.00US$30.00US$47.2311
Apr ’24US$34.00
US$37.18
+9.4%
10.8%US$42.00US$27.00US$45.9811
Mar ’24US$34.77
US$36.82
+5.9%
12.1%US$42.00US$27.00US$42.6411
Feb ’24US$34.95
US$33.73
-3.5%
15.8%US$42.00US$24.00US$40.7311
Analyst Price Target
Consensus Narrative from 10 Analysts
US$70.80
Fair Value
10.5% undervalued intrinsic discount
10
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 23:10
End of Day Share Price 2025/02/06 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

Flowserve Corporation is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HalloranBaird
Andrew KaplowitzBarclays
Charles BradyBMO Capital Markets Equity Research