FLUOR CORP (FLR) Stock Fundamental Analysis
NYSE:FLR - New York Stock Exchange, Inc. - US3434121022 - Common Stock - Currency: USD
Taking everything into account, FLR scores 5 out of 10 in our fundamental rating. FLR was compared to 51 industry peers in the Construction & Engineering industry. While FLR has a great health rating, its profitability is only average at the moment. FLR has a decent growth rate and is not valued too expensively.
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.
The reported net income has been mixed in the past 5 years: FLR reported negative net income in multiple years.
In the past 5 years FLR always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 21.90%, FLR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
FLR's Return On Equity of 51.38% is amongst the best of the industry. FLR outperforms 96.08% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.13%, FLR is in line with its industry, outperforming 56.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FLR is significantly below the industry average of 16.96%.
The 3 year average ROIC (4.16%) for FLR is below the current ROIC(6.13%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.9% | ||
| ROE | 51.38% | ||
| ROIC | 6.13% |
ROA(3y)8.73%
ROA(5y)2.74%
ROE(3y)21.51%
ROE(5y)-2.2%
ROIC(3y)4.16%
ROIC(5y)4.14%
1.3 Margins
FLR has a better Profit Margin (11.14%) than 92.16% of its industry peers.
FLR has a Operating Margin of 2.63%. This is comparable to the rest of the industry: FLR outperforms 41.18% of its industry peers.
In the last couple of years the Operating Margin of FLR has grown nicely.
FLR has a worse Gross Margin (3.71%) than 80.39% of its industry peers.
In the last couple of years the Gross Margin of FLR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.63% | ||
| PM (TTM) | 11.14% | ||
| GM | 3.71% |
OM growth 3Y12.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.13%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FLR is destroying value.
The number of shares outstanding for FLR has been reduced compared to 1 year ago.
FLR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FLR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.75 indicates that FLR is not in any danger for bankruptcy at the moment.
The Altman-Z score of FLR (3.75) is better than 68.63% of its industry peers.
FLR has a debt to FCF ratio of 2.12. This is a good value and a sign of high solvency as FLR would need 2.12 years to pay back of all of its debts.
FLR has a better Debt to FCF ratio (2.12) than 72.55% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that FLR is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.30, FLR is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 3.75 |
ROIC/WACC0.61
WACC10.11%
2.3 Liquidity
FLR has a Current Ratio of 1.74. This is a normal value and indicates that FLR is financially healthy and should not expect problems in meeting its short term obligations.
FLR's Current ratio of 1.74 is amongst the best of the industry. FLR outperforms 84.31% of its industry peers.
A Quick Ratio of 1.74 indicates that FLR should not have too much problems paying its short term obligations.
FLR has a better Quick ratio (1.74) than 90.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
FLR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.29%.
FLR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.71% yearly.
FLR shows a small growth in Revenue. In the last year, the Revenue has grown by 7.16%.
Measured over the past years, FLR shows a decrease in Revenue. The Revenue has been decreasing by -1.18% on average per year.
EPS 1Y (TTM)-12.29%
EPS 3Y35.43%
EPS 5Y27.71%
EPS Q2Q%55.32%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y4.85%
Revenue growth 5Y-1.18%
Sales Q2Q%6.64%
3.2 Future
FLR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.38% yearly.
Based on estimates for the next years, FLR will show a small growth in Revenue. The Revenue will grow by 6.27% on average per year.
EPS Next Y9.91%
EPS Next 2Y10.59%
EPS Next 3Y11.89%
EPS Next 5Y12.38%
Revenue Next Year8.15%
Revenue Next 2Y7.26%
Revenue Next 3Y7.14%
Revenue Next 5Y6.27%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FLR is valuated correctly with a Price/Earnings ratio of 15.97.
Compared to the rest of the industry, the Price/Earnings ratio of FLR indicates a rather cheap valuation: FLR is cheaper than 90.20% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FLR to the average of the S&P500 Index (25.82), we can say FLR is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 14.53, the valuation of FLR can be described as correct.
FLR's Price/Forward Earnings ratio is rather cheap when compared to the industry. FLR is cheaper than 84.31% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FLR to the average of the S&P500 Index (21.76), we can say FLR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.97 | ||
| Fwd PE | 14.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FLR indicates a rather cheap valuation: FLR is cheaper than 88.24% of the companies listed in the same industry.
FLR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FLR is cheaper than 84.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.2 | ||
| EV/EBITDA | 10.35 |
4.3 Compensation for Growth
FLR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FLR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.61
PEG (5Y)0.58
EPS Next 2Y10.59%
EPS Next 3Y11.89%
5. Dividend
5.1 Amount
No dividends for FLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
41.04
+3.46 (+9.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners94.09%
Inst Owner Change-3.75%
Ins Owners0.73%
Ins Owner Change7.31%
Market Cap6.76B
Analysts76.92
Price Target46.64 (13.65%)
Short Float %5.21%
Short Ratio2.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.82%
Min EPS beat(2)-38.67%
Max EPS beat(2)44.3%
EPS beat(4)2
Avg EPS beat(4)-1.23%
Min EPS beat(4)-38.67%
Max EPS beat(4)44.3%
EPS beat(8)5
Avg EPS beat(8)19.09%
EPS beat(12)5
Avg EPS beat(12)-2.27%
EPS beat(16)8
Avg EPS beat(16)17.73%
Revenue beat(2)0
Avg Revenue beat(2)-5.09%
Min Revenue beat(2)-5.62%
Max Revenue beat(2)-4.57%
Revenue beat(4)0
Avg Revenue beat(4)-7.16%
Min Revenue beat(4)-14.44%
Max Revenue beat(4)-4.02%
Revenue beat(8)2
Avg Revenue beat(8)-4.64%
Revenue beat(12)3
Avg Revenue beat(12)-3.79%
Revenue beat(16)6
Avg Revenue beat(16)-0.9%
PT rev (1m)-12.63%
PT rev (3m)-22.65%
EPS NQ rev (1m)-8.02%
EPS NQ rev (3m)-25.86%
EPS NY rev (1m)-0.7%
EPS NY rev (3m)-8.23%
Revenue NQ rev (1m)-1.52%
Revenue NQ rev (3m)4.72%
Revenue NY rev (1m)-2.12%
Revenue NY rev (3m)1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.97 | ||
| Fwd PE | 14.53 | ||
| P/S | 0.41 | ||
| P/FCF | 13.2 | ||
| P/OCF | 10.35 | ||
| P/B | 1.88 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 10.35 |
EPS(TTM)2.57
EY6.26%
EPS(NY)2.83
Fwd EY6.88%
FCF(TTM)3.11
FCFY7.58%
OCF(TTM)3.97
OCFY9.66%
SpS100.59
BVpS21.81
TBVpS21.81
PEG (NY)1.61
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.9% | ||
| ROE | 51.38% | ||
| ROCE | 7.76% | ||
| ROIC | 6.13% | ||
| ROICexc | 11.11% | ||
| ROICexgc | 11.11% | ||
| OM | 2.63% | ||
| PM (TTM) | 11.14% | ||
| GM | 3.71% | ||
| FCFM | 3.09% |
ROA(3y)8.73%
ROA(5y)2.74%
ROE(3y)21.51%
ROE(5y)-2.2%
ROIC(3y)4.16%
ROIC(5y)4.14%
ROICexc(3y)11.57%
ROICexc(5y)11.6%
ROICexgc(3y)13.68%
ROICexgc(5y)14.21%
ROCE(3y)5.27%
ROCE(5y)5.24%
ROICexcg growth 3Y-20.79%
ROICexcg growth 5YN/A
ROICexc growth 3Y-15.87%
ROICexc growth 5YN/A
OM growth 3Y12.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.13%
GM growth 5YN/A
F-Score5
Asset Turnover1.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.12 | ||
| Debt/EBITDA | 2.14 | ||
| Cap/Depr | 193.15% | ||
| Cap/Sales | 0.85% | ||
| Interest Coverage | 10.61 | ||
| Cash Conversion | 128.54% | ||
| Profit Quality | 27.75% | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 3.75 |
F-Score5
WACC10.11%
ROIC/WACC0.61
Cap/Depr(3y)159.13%
Cap/Depr(5y)137.15%
Cap/Sales(3y)0.76%
Cap/Sales(5y)0.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.29%
EPS 3Y35.43%
EPS 5Y27.71%
EPS Q2Q%55.32%
EPS Next Y9.91%
EPS Next 2Y10.59%
EPS Next 3Y11.89%
EPS Next 5Y12.38%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y4.85%
Revenue growth 5Y-1.18%
Sales Q2Q%6.64%
Revenue Next Year8.15%
Revenue Next 2Y7.26%
Revenue Next 3Y7.14%
Revenue Next 5Y6.27%
EBIT growth 1Y13.28%
EBIT growth 3Y17.62%
EBIT growth 5YN/A
EBIT Next Year46.81%
EBIT Next 3Y22.29%
EBIT Next 5Y15.43%
FCF growth 1Y1996.3%
FCF growth 3YN/A
FCF growth 5Y77.02%
OCF growth 1Y1025.86%
OCF growth 3Y219.73%
OCF growth 5Y30.47%