Fluor Corporation provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. The company was founded in 1912 and is based in Irving, Texas.
FLR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for FLR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Fluor Corp ranked in the 7th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 95.33%. As for the metrics that stood out in our discounted cash flow analysis of Fluor Corp, consider:
Interest coverage, a measure of earnings relative to interest payments, is -10.15 -- which is good for besting only 5.35% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
Its compound free cash flow growth rate, as measured over the past 5.25 years, is -0.3% -- higher than only 5.25% of stocks in our DCF forecasting set.
Fluor Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SRCL, AVYA, ECOL, GSH, and NES can be thought of as valuation peers to FLR, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was awarded the front-end engineering and design (FEED) for Minnkota Power Cooperative’s (Minnkota) Project Tundra, a carbon capture, utilization and storage retrofit project at the Milton R. Young Station in Center, North Dakota. The FEED is being funded by the U.S. Department of Energy’s Office of Fossil Energy and managed by its National Energy Technology Laboratory as part of a larger initiative to advance
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) selected Hanford Works Restoration, LLC (HWR), a joint venture between a subsidiary of BWX Technologies, Inc. and Fluor, to lead the Tank Closure Contract at the DOE’s Hanford Site. The team includes two pre-selected small businesses, DBD and INTERA, which provide specialized modeling and regulatory expertise, respectively. The contract is valued at up to approximately $13 bill
Fluor Corporation (NYSE: FLR) announced today that it was named project management consultant for Advanced Global Investment Company’s (AGIC) new propane dehydrogenation, polypropylene and utilities and offsites complex in Jubail Industrial City, Saudi Arabia. Fluor will perform project management consultant services for the front-end engineering design, detailed engineering, procurement and construction phases of the project. Fluor booked its portion of the undisclosed contract value in the first quarter of 2020.