FLUOR CORP (FLR)
US3434121022 - Common Stock
We assign a fundamental rating of 4 out of 10 to FLR. FLR was compared to 43 industry peers in the Construction & Engineering industry. FLR has only an average score on both its financial health and profitability. FLR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FLR had positive earnings in the past year.
FLR had a positive operating cash flow in the past year.
In multiple years FLR reported negative net income over the last 5 years.
Each year in the past 5 years FLR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.51%, FLR is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
FLR's Return On Equity of 17.51% is amongst the best of the industry. FLR outperforms 81.40% of its industry peers.
FLR has a Return On Invested Capital of 7.43%. This is in the better half of the industry: FLR outperforms 67.44% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FLR is below the industry average of 8.69%.
The last Return On Invested Capital (7.43%) for FLR is above the 3 year average (4.28%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 17.51% | ||
| ROIC | 7.43% |
ROA(3y)-1.27%
ROA(5y)-5.77%
ROE(3y)-7.7%
ROE(5y)-33.52%
ROIC(3y)4.28%
ROIC(5y)N/A
1.3 Margins
FLR has a Profit Margin of 2.38%. This is comparable to the rest of the industry: FLR outperforms 48.84% of its industry peers.
FLR's Profit Margin has declined in the last couple of years.
FLR's Operating Margin of 2.38% is on the low side compared to the rest of the industry. FLR is outperformed by 67.44% of its industry peers.
In the last couple of years the Operating Margin of FLR has declined.
Looking at the Gross Margin, with a value of 3.77%, FLR is doing worse than 83.72% of the companies in the same industry.
FLR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.38% | ||
| PM (TTM) | 2.38% | ||
| GM | 3.77% |
OM growth 3Y19.88%
OM growth 5Y-7.84%
PM growth 3YN/A
PM growth 5Y-10.18%
GM growth 3Y7.85%
GM growth 5Y0.42%
2. Health
2.1 Basic Checks
FLR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FLR has more shares outstanding than it did 1 year ago.
The number of shares outstanding for FLR has been increased compared to 5 years ago.
Compared to 1 year ago, FLR has an improved debt to assets ratio.
2.2 Solvency
FLR has an Altman-Z score of 4.29. This indicates that FLR is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.29, FLR is in the better half of the industry, outperforming 72.09% of the companies in the same industry.
The Debt to FCF ratio of FLR is 3.43, which is a good value as it means it would take FLR, 3.43 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FLR (3.43) is better than 72.09% of its industry peers.
FLR has a Debt/Equity ratio of 0.53. This is a neutral value indicating FLR is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.53, FLR is in line with its industry, outperforming 53.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 3.43 | ||
| Altman-Z | 4.29 |
ROIC/WACC0.77
WACC9.66%
2.3 Liquidity
FLR has a Current Ratio of 1.77. This is a normal value and indicates that FLR is financially healthy and should not expect problems in meeting its short term obligations.
FLR has a better Current ratio (1.77) than 76.74% of its industry peers.
FLR has a Quick Ratio of 1.77. This is a normal value and indicates that FLR is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FLR (1.77) is better than 79.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.77 |
3. Growth
3.1 Past
FLR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 96.10%, which is quite impressive.
The Earnings Per Share has been growing by 11.50% on average over the past years. This is quite good.
Looking at the last year, FLR shows a small growth in Revenue. The Revenue has grown by 4.87% in the last year.
FLR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.87% yearly.
EPS 1Y (TTM)96.1%
EPS 3YN/A
EPS 5Y11.5%
EPS Q2Q%11.84%
Revenue 1Y (TTM)4.87%
Revenue growth 3Y-0.41%
Revenue growth 5Y-3.87%
Sales Q2Q%7.31%
3.2 Future
FLR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.92% yearly.
Based on estimates for the next years, FLR will show a small growth in Revenue. The Revenue will grow by 5.81% on average per year.
EPS Next Y6.64%
EPS Next 2Y9.37%
EPS Next 3Y9.8%
EPS Next 5Y4.92%
Revenue Next Year11.14%
Revenue Next 2Y10.25%
Revenue Next 3Y9.05%
Revenue Next 5Y5.81%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
FLR is valuated rather expensively with a Price/Earnings ratio of 17.49.
Based on the Price/Earnings ratio, FLR is valued cheaply inside the industry as 95.35% of the companies are valued more expensively.
FLR is valuated rather cheaply when we compare the Price/Earnings ratio to 30.20, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 16.11, FLR is valued correctly.
Based on the Price/Forward Earnings ratio, FLR is valued a bit cheaper than the industry average as 79.07% of the companies are valued more expensively.
FLR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.49 | ||
| Fwd PE | 16.11 |
4.2 Price Multiples
FLR's Enterprise Value to EBITDA ratio is in line with the industry average.
FLR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.33 | ||
| EV/EBITDA | 16.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FLR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.64
PEG (5Y)1.52
EPS Next 2Y9.37%
EPS Next 3Y9.8%
5. Dividend
5.1 Amount
FLR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FLUOR CORP
NYSE:FLR (11/4/2024, 8:08:46 PM)
After market: 52.81 0 (0%)52.81
-0.08 (-0.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap9.05B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.49 | ||
| Fwd PE | 16.11 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.64
PEG (5Y)1.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 17.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.38% | ||
| PM (TTM) | 2.38% | ||
| GM | 3.77% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.77 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)96.1%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y6.64%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.87%
Revenue growth 3Y-0.41%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y