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Fluor (FLR) Cyclically Adjusted Price-to-FCF : 29.36 (As of May. 13, 2024)


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What is Fluor Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), Fluor's current share price is $38.76. Fluor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.32. Fluor's Cyclically Adjusted Price-to-FCF for today is 29.36.

The historical rank and industry rank for Fluor's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FLR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.39   Med: 16.49   Max: 39.57
Current: 29.27

During the past years, Fluor's highest Cyclically Adjusted Price-to-FCF was 39.57. The lowest was 2.39. And the median was 16.49.

FLR's Cyclically Adjusted Price-to-FCF is ranked worse than
66.72% of 583 companies
in the Construction industry
Industry Median: 17.98 vs FLR: 29.27

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Fluor's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.838. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fluor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fluor's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fluor Cyclically Adjusted Price-to-FCF Chart

Fluor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 7.07 12.48 19.21 26.11

Fluor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.46 17.84 27.57 26.11 32.02

Competitive Comparison of Fluor's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Fluor's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fluor's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fluor's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fluor's Cyclically Adjusted Price-to-FCF falls into.



Fluor Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Fluor's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.76/1.32
=29.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fluor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fluor's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.838/129.4194*129.4194
=-0.838

Current CPI (Mar. 2024) = 129.4194.

Fluor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.977 100.560 1.257
201409 -0.577 100.428 -0.744
201412 0.852 99.070 1.113
201503 -0.231 99.621 -0.300
201506 0.712 100.684 0.915
201509 2.181 100.392 2.812
201512 1.536 99.792 1.992
201603 0.469 100.470 0.604
201606 -0.589 101.688 -0.750
201609 2.156 101.861 2.739
201612 1.298 101.863 1.649
201703 1.443 102.862 1.816
201706 0.594 103.349 0.744
201709 0.340 104.136 0.423
201712 -0.109 104.011 -0.136
201803 -1.435 105.290 -1.764
201806 -0.297 106.317 -0.362
201809 0.587 106.507 0.713
201812 0.793 105.998 0.968
201903 -0.470 107.251 -0.567
201906 0.401 108.070 0.480
201909 -0.455 108.329 -0.544
201912 0.794 108.420 0.948
202003 -0.669 108.902 -0.795
202006 0.704 108.767 0.838
202009 0.413 109.815 0.487
202012 0.064 109.897 0.075
202103 -1.844 111.754 -2.135
202106 0.426 114.631 0.481
202109 -0.524 115.734 -0.586
202112 1.596 117.630 1.756
202203 -1.375 121.301 -1.467
202206 0.244 125.017 0.253
202209 0.710 125.227 0.734
202212 0.061 125.222 0.063
202303 -1.275 127.348 -1.296
202306 0.233 128.729 0.234
202309 -0.177 129.860 -0.176
202312 1.569 129.419 1.569
202403 -0.838 129.419 -0.838

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Fluor  (NYSE:FLR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Fluor Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Fluor's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Fluor (FLR) Business Description

Industry
Traded in Other Exchanges
Address
6700 Las Colinas Boulevard, Irving, TX, USA, 75039
Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $13.7 billion in revenue in 2022.
Executives
Stacy L Dillow officer: EVP, Chief HR Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
James R Breuer officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Matthew K Rose director 2650 LOU MENK DRIVE, FORT WORTH TX 76131
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Joseph L Brennan officer: EVP, Chief Financial Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Collins Alvin C Iii officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Teri P Mcclure director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
John C Regan officer: EVP, Controller & CAO 801 CHERRY STREET, SUITE 3700, UNIT 19, FORT WORTH TX 76102
Thomas C Leppert director 15901 OLDEN ST., SYLMAR CA 91354
Terry W Towle officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
John R Reynolds officer: Chief Legal Officer C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Carlos M Hernandez officer: Chief Legal Officer/Secretary
Mark E Fields officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Alan L Boeckmann director, officer: Chairman and CEO C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Haan Taco De officer: Group President C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039