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 49 industry peers in the Construction & Engineering industry. While FLR has a great health rating, its profitability is only average at the moment. FLR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FLR was profitable.
In the past year FLR had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FLR reported negative net income in multiple years.
FLR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 35.09%, FLR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Equity value of 69.52%, FLR belongs to the best of the industry, outperforming 97.96% of the companies in the same industry.
FLR has a Return On Invested Capital of 2.92%. This is in the lower half of the industry: FLR underperforms 63.27% of its industry peers.
FLR had an Average Return On Invested Capital over the past 3 years of 4.16%. This is significantly below the industry average of 16.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 35.09% | ||
| ROE | 69.52% | ||
| ROIC | 2.92% |
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's Profit Margin of 25.35% is amongst the best of the industry. FLR outperforms 97.96% of its industry peers.
FLR has a Operating Margin of 1.97%. This is in the lower half of the industry: FLR underperforms 65.31% of its industry peers.
FLR's Operating Margin has improved in the last couple of years.
FLR has a Gross Margin of 3.02%. This is amonst the worse of the industry: FLR underperforms 83.67% of its industry peers.
In the last couple of years the Gross Margin of FLR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.97% | ||
| PM (TTM) | 25.35% | ||
| GM | 3.02% |
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.
FLR has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, FLR has more shares outstanding
The debt/assets ratio for FLR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.05 indicates that FLR is not in any danger for bankruptcy at the moment.
FLR's Altman-Z score of 3.05 is in line compared to the rest of the industry. FLR outperforms 59.18% of its industry peers.
FLR has a debt to FCF ratio of 1.65. This is a very positive value and a sign of high solvency as it would only need 1.65 years to pay back of all of its debts.
FLR's Debt to FCF ratio of 1.65 is fine compared to the rest of the industry. FLR outperforms 75.51% of its industry peers.
FLR has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.18, FLR is in the better half of the industry, outperforming 77.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.65 | ||
| Altman-Z | 3.05 |
ROIC/WACC0.28
WACC10.46%
2.3 Liquidity
A Current Ratio of 1.62 indicates that FLR should not have too much problems paying its short term obligations.
FLR has a better Current ratio (1.62) than 79.59% of its industry peers.
A Quick Ratio of 1.62 indicates that FLR should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.62, FLR belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
FLR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.81%.
The Earnings Per Share has been growing by 27.71% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 3.62% in the past year.
The Revenue has been decreasing by -1.18% on average over the past years.
EPS 1Y (TTM)-28.81%
EPS 3Y35.43%
EPS 5Y27.71%
EPS Q2Q%-49.41%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y4.85%
Revenue growth 5Y-1.18%
Sales Q2Q%-5.89%
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 12.60% yearly.
FLR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.09% yearly.
EPS Next Y11.12%
EPS Next 2Y10.55%
EPS Next 3Y11.81%
EPS Next 5Y12.6%
Revenue Next Year8.24%
Revenue Next 2Y7.26%
Revenue Next 3Y7.14%
Revenue Next 5Y6.09%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
A Price/Earnings ratio of 19.48 indicates a rather expensive valuation of FLR.
FLR's Price/Earnings ratio is rather cheap when compared to the industry. FLR is cheaper than 81.63% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.48. FLR is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.84, the valuation of FLR can be described as correct.
83.67% of the companies in the same industry are more expensive than FLR, based on the Price/Forward Earnings ratio.
FLR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 14.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FLR is valued a bit cheaper than the industry average as 65.31% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, FLR is valued cheaply inside the industry as 91.84% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.64 | ||
| EV/EBITDA | 15.1 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.75
PEG (5Y)0.7
EPS Next 2Y10.55%
EPS Next 3Y11.81%
5. Dividend
5.1 Amount
No dividends for FLR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
41.89
-2.24 (-5.08%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners94.68%
Inst Owner Change0.07%
Ins Owners0.64%
Ins Owner Change6.25%
Market Cap6.90B
Analysts76.92
Price Target49.75 (18.76%)
Short Float %5.8%
Short Ratio2.43
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)10.49%
Min EPS beat(2)-23.32%
Max EPS beat(2)44.3%
EPS beat(4)1
Avg EPS beat(4)-12.79%
Min EPS beat(4)-38.67%
Max EPS beat(4)44.3%
EPS beat(8)4
Avg EPS beat(8)7.02%
EPS beat(12)5
Avg EPS beat(12)0.38%
EPS beat(16)7
Avg EPS beat(16)-0.97%
Revenue beat(2)0
Avg Revenue beat(2)-9.52%
Min Revenue beat(2)-13.43%
Max Revenue beat(2)-5.62%
Revenue beat(4)0
Avg Revenue beat(4)-9.51%
Min Revenue beat(4)-14.44%
Max Revenue beat(4)-4.57%
Revenue beat(8)1
Avg Revenue beat(8)-7.08%
Revenue beat(12)3
Avg Revenue beat(12)-4.6%
Revenue beat(16)5
Avg Revenue beat(16)-2.6%
PT rev (1m)9.26%
PT rev (3m)4.91%
EPS NQ rev (1m)1.99%
EPS NQ rev (3m)-6.19%
EPS NY rev (1m)-0.29%
EPS NY rev (3m)0.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.52%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.48 | ||
| Fwd PE | 14.84 | ||
| P/S | 0.42 | ||
| P/FCF | 10.64 | ||
| P/OCF | 9.14 | ||
| P/B | 1.16 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 15.1 |
EPS(TTM)2.15
EY5.13%
EPS(NY)2.82
Fwd EY6.74%
FCF(TTM)3.94
FCFY9.39%
OCF(TTM)4.59
OCFY10.95%
SpS99.08
BVpS36.13
TBVpS36.13
PEG (NY)1.75
PEG (5Y)0.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 35.09% | ||
| ROE | 69.52% | ||
| ROCE | 3.7% | ||
| ROIC | 2.92% | ||
| ROICexc | 3.95% | ||
| ROICexgc | 3.95% | ||
| OM | 1.97% | ||
| PM (TTM) | 25.35% | ||
| GM | 3.02% | ||
| FCFM | 3.97% |
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-Score4
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.65 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 144.6% | ||
| Cap/Sales | 0.66% | ||
| Interest Coverage | 8.23 | ||
| Cash Conversion | 191.14% | ||
| Profit Quality | 15.67% | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.62 | ||
| Altman-Z | 3.05 |
F-Score4
WACC10.46%
ROIC/WACC0.28
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)-28.81%
EPS 3Y35.43%
EPS 5Y27.71%
EPS Q2Q%-49.41%
EPS Next Y11.12%
EPS Next 2Y10.55%
EPS Next 3Y11.81%
EPS Next 5Y12.6%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y4.85%
Revenue growth 5Y-1.18%
Sales Q2Q%-5.89%
Revenue Next Year8.24%
Revenue Next 2Y7.26%
Revenue Next 3Y7.14%
Revenue Next 5Y6.09%
EBIT growth 1Y-14.17%
EBIT growth 3Y17.62%
EBIT growth 5YN/A
EBIT Next Year24.94%
EBIT Next 3Y18.5%
EBIT Next 5Y15.16%
FCF growth 1Y2334.48%
FCF growth 3YN/A
FCF growth 5Y77.02%
OCF growth 1Y1061.54%
OCF growth 3Y219.73%
OCF growth 5Y30.47%