Intrinsic value of AECOM - ACM

Previous Close

$30.75

  Intrinsic Value

$226.71

stock screener

  Rating & Target

str. buy

+637%

Previous close

$30.75

 
Intrinsic value

$226.71

 
Up/down potential

+637%

 
Rating

str. buy

We calculate the intrinsic value of ACM stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 4.9

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  12.90
  12.11
  11.40
  10.76
  10.18
  9.66
  9.20
  8.78
  8.40
  8.06
  7.75
  7.48
  7.23
  7.01
  6.81
  6.63
  6.46
  6.32
  6.19
  6.07
  5.96
  5.86
  5.78
  5.70
  5.63
  5.57
  5.51
  5.46
  5.41
  5.37
Revenue, $m
  20,552
  23,040
  25,667
  28,428
  31,323
  34,351
  37,510
  40,803
  44,231
  47,796
  51,503
  55,355
  59,357
  63,517
  67,841
  72,336
  77,012
  81,877
  86,942
  92,217
  97,714
  103,444
  109,421
  115,658
  122,170
  128,971
  136,078
  143,507
  151,276
  159,402
Variable operating expenses, $m
  15,352
  17,133
  19,013
  20,990
  23,062
  25,229
  27,491
  29,848
  32,301
  34,853
  36,865
  39,623
  42,488
  45,465
  48,560
  51,778
  55,125
  58,608
  62,233
  66,009
  69,943
  74,045
  78,323
  82,788
  87,449
  92,317
  97,404
  102,722
  108,283
  114,100
Fixed operating expenses, $m
  4,198
  4,291
  4,385
  4,482
  4,580
  4,681
  4,784
  4,889
  4,997
  5,107
  5,219
  5,334
  5,451
  5,571
  5,694
  5,819
  5,947
  6,078
  6,212
  6,348
  6,488
  6,631
  6,776
  6,926
  7,078
  7,234
  7,393
  7,555
  7,722
  7,891
Total operating expenses, $m
  19,550
  21,424
  23,398
  25,472
  27,642
  29,910
  32,275
  34,737
  37,298
  39,960
  42,084
  44,957
  47,939
  51,036
  54,254
  57,597
  61,072
  64,686
  68,445
  72,357
  76,431
  80,676
  85,099
  89,714
  94,527
  99,551
  104,797
  110,277
  116,005
  121,991
Operating income, $m
  1,002
  1,617
  2,269
  2,957
  3,681
  4,441
  5,236
  6,066
  6,933
  7,836
  9,418
  10,398
  11,418
  12,481
  13,587
  14,739
  15,940
  17,192
  18,498
  19,860
  21,283
  22,768
  24,321
  25,945
  27,643
  29,420
  31,281
  33,230
  35,271
  37,411
EBITDA, $m
  1,814
  2,449
  3,123
  3,834
  4,583
  5,368
  6,189
  7,047
  7,942
  8,875
  9,847
  10,859
  11,913
  13,009
  14,152
  15,342
  16,581
  17,874
  19,222
  20,628
  22,096
  23,630
  25,232
  26,908
  28,660
  30,494
  32,414
  34,425
  36,531
  38,738
Interest expense (income), $m
  226
  223
  301
  383
  470
  562
  657
  758
  862
  972
  1,085
  1,203
  1,326
  1,454
  1,586
  1,724
  1,867
  2,016
  2,171
  2,332
  2,500
  2,675
  2,857
  3,047
  3,245
  3,451
  3,667
  3,892
  4,128
  4,374
  4,631
Earnings before tax, $m
  779
  1,316
  1,886
  2,487
  3,120
  3,783
  4,478
  5,204
  5,961
  6,751
  8,215
  9,072
  9,965
  10,894
  11,863
  12,872
  13,924
  15,021
  16,165
  17,360
  18,608
  19,911
  21,274
  22,700
  24,192
  25,753
  27,388
  29,102
  30,897
  32,780
Tax expense, $m
  210
  355
  509
  671
  842
  1,021
  1,209
  1,405
  1,610
  1,823
  2,218
  2,449
  2,690
  2,941
  3,203
  3,475
  3,759
  4,056
  4,365
  4,687
  5,024
  5,376
  5,744
  6,129
  6,532
  6,953
  7,395
  7,857
  8,342
  8,850
Net income, $m
  568
  961
  1,376
  1,815
  2,277
  2,762
  3,269
  3,799
  4,352
  4,928
  5,997
  6,623
  7,274
  7,953
  8,660
  9,397
  10,164
  10,965
  11,801
  12,673
  13,584
  14,535
  15,530
  16,571
  17,660
  18,800
  19,994
  21,244
  22,555
  23,929

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  16,259
  18,228
  20,306
  22,491
  24,781
  27,176
  29,676
  32,281
  34,993
  37,813
  40,746
  43,793
  46,960
  50,251
  53,672
  57,228
  60,927
  64,776
  68,783
  72,957
  77,305
  81,839
  86,567
  91,502
  96,653
  102,034
  107,657
  113,534
  119,680
  126,109
Adjusted assets (=assets-cash), $m
  16,259
  18,228
  20,306
  22,491
  24,781
  27,176
  29,676
  32,281
  34,993
  37,813
  40,746
  43,793
  46,960
  50,251
  53,672
  57,228
  60,927
  64,776
  68,783
  72,957
  77,305
  81,839
  86,567
  91,502
  96,653
  102,034
  107,657
  113,534
  119,680
  126,109
Revenue / Adjusted assets
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
  1.264
Average production assets, $m
  4,295
  4,815
  5,364
  5,942
  6,547
  7,179
  7,840
  8,528
  9,244
  9,989
  10,764
  11,569
  12,406
  13,275
  14,179
  15,118
  16,096
  17,112
  18,171
  19,273
  20,422
  21,620
  22,869
  24,173
  25,533
  26,955
  28,440
  29,993
  31,617
  33,315
Working capital, $m
  493
  553
  616
  682
  752
  824
  900
  979
  1,062
  1,147
  1,236
  1,329
  1,425
  1,524
  1,628
  1,736
  1,848
  1,965
  2,087
  2,213
  2,345
  2,483
  2,626
  2,776
  2,932
  3,095
  3,266
  3,444
  3,631
  3,826
Total debt, $m
  5,182
  6,604
  8,104
  9,682
  11,335
  13,064
  14,869
  16,750
  18,708
  20,745
  22,862
  25,062
  27,348
  29,724
  32,194
  34,762
  37,433
  40,212
  43,105
  46,118
  49,258
  52,531
  55,945
  59,507
  63,227
  67,112
  71,171
  75,415
  79,852
  84,494
Total liabilities, $m
  11,739
  13,161
  14,661
  16,238
  17,892
  19,621
  21,426
  23,307
  25,265
  27,301
  29,418
  31,619
  33,905
  36,281
  38,751
  41,319
  43,990
  46,769
  49,662
  52,675
  55,814
  59,087
  62,501
  66,064
  69,784
  73,669
  77,728
  81,972
  86,409
  91,051
Total equity, $m
  4,520
  5,067
  5,645
  6,252
  6,889
  7,555
  8,250
  8,974
  9,728
  10,512
  11,327
  12,174
  13,055
  13,970
  14,921
  15,909
  16,938
  18,008
  19,122
  20,282
  21,491
  22,751
  24,066
  25,437
  26,870
  28,365
  29,929
  31,562
  33,271
  35,058
Total liabilities and equity, $m
  16,259
  18,228
  20,306
  22,490
  24,781
  27,176
  29,676
  32,281
  34,993
  37,813
  40,745
  43,793
  46,960
  50,251
  53,672
  57,228
  60,928
  64,777
  68,784
  72,957
  77,305
  81,838
  86,567
  91,501
  96,654
  102,034
  107,657
  113,534
  119,680
  126,109
Debt-to-equity ratio
  1.150
  1.300
  1.440
  1.550
  1.650
  1.730
  1.800
  1.870
  1.920
  1.970
  2.020
  2.060
  2.090
  2.130
  2.160
  2.180
  2.210
  2.230
  2.250
  2.270
  2.290
  2.310
  2.320
  2.340
  2.350
  2.370
  2.380
  2.390
  2.400
  2.410
Adjusted equity ratio
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278
  0.278

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  568
  961
  1,376
  1,815
  2,277
  2,762
  3,269
  3,799
  4,352
  4,928
  5,997
  6,623
  7,274
  7,953
  8,660
  9,397
  10,164
  10,965
  11,801
  12,673
  13,584
  14,535
  15,530
  16,571
  17,660
  18,800
  19,994
  21,244
  22,555
  23,929
Depreciation, amort., depletion, $m
  812
  833
  855
  878
  902
  927
  953
  981
  1,009
  1,039
  429
  461
  494
  529
  565
  602
  641
  682
  724
  768
  814
  861
  911
  963
  1,017
  1,074
  1,133
  1,195
  1,260
  1,327
Funds from operations, $m
  1,380
  1,793
  2,231
  2,693
  3,179
  3,689
  4,222
  4,779
  5,361
  5,967
  6,426
  7,084
  7,768
  8,482
  9,225
  9,999
  10,806
  11,647
  12,525
  13,441
  14,397
  15,397
  16,441
  17,534
  18,677
  19,874
  21,127
  22,439
  23,815
  25,256
Change in working capital, $m
  56
  60
  63
  66
  69
  73
  76
  79
  82
  86
  89
  92
  96
  100
  104
  108
  112
  117
  122
  127
  132
  138
  143
  150
  156
  163
  171
  178
  186
  195
Cash from operations, $m
  1,324
  1,734
  2,168
  2,627
  3,109
  3,616
  4,146
  4,700
  5,279
  5,882
  6,337
  6,991
  7,672
  8,382
  9,121
  9,891
  10,693
  11,530
  12,403
  13,314
  14,265
  15,259
  16,298
  17,384
  18,521
  19,710
  20,956
  22,261
  23,628
  25,061
Maintenance CAPEX, $m
  -152
  -171
  -192
  -214
  -237
  -261
  -286
  -312
  -340
  -368
  -398
  -429
  -461
  -494
  -529
  -565
  -602
  -641
  -682
  -724
  -768
  -814
  -861
  -911
  -963
  -1,017
  -1,074
  -1,133
  -1,195
  -1,260
New CAPEX, $m
  -484
  -520
  -549
  -577
  -605
  -633
  -660
  -688
  -716
  -745
  -775
  -805
  -837
  -869
  -904
  -940
  -977
  -1,017
  -1,059
  -1,102
  -1,149
  -1,198
  -1,249
  -1,304
  -1,361
  -1,421
  -1,485
  -1,553
  -1,624
  -1,698
Cash from investing activities, $m
  -636
  -691
  -741
  -791
  -842
  -894
  -946
  -1,000
  -1,056
  -1,113
  -1,173
  -1,234
  -1,298
  -1,363
  -1,433
  -1,505
  -1,579
  -1,658
  -1,741
  -1,826
  -1,917
  -2,012
  -2,110
  -2,215
  -2,324
  -2,438
  -2,559
  -2,686
  -2,819
  -2,958
Free cash flow, $m
  688
  1,042
  1,427
  1,836
  2,268
  2,722
  3,200
  3,700
  4,223
  4,768
  5,164
  5,757
  6,375
  7,018
  7,688
  8,386
  9,114
  9,872
  10,663
  11,488
  12,349
  13,248
  14,187
  15,170
  16,197
  17,272
  18,397
  19,575
  20,810
  22,103
Issuance/(repayment) of debt, $m
  1,338
  1,422
  1,500
  1,577
  1,654
  1,729
  1,805
  1,881
  1,958
  2,037
  2,117
  2,200
  2,286
  2,376
  2,470
  2,568
  2,671
  2,779
  2,893
  3,013
  3,140
  3,273
  3,414
  3,563
  3,720
  3,885
  4,059
  4,243
  4,437
  4,642
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  1,338
  1,422
  1,500
  1,577
  1,654
  1,729
  1,805
  1,881
  1,958
  2,037
  2,117
  2,200
  2,286
  2,376
  2,470
  2,568
  2,671
  2,779
  2,893
  3,013
  3,140
  3,273
  3,414
  3,563
  3,720
  3,885
  4,059
  4,243
  4,437
  4,642
Total cash flow (excl. dividends), $m
  2,026
  2,464
  2,927
  3,413
  3,921
  4,452
  5,005
  5,581
  6,180
  6,805
  7,281
  7,957
  8,661
  9,394
  10,158
  10,954
  11,785
  12,651
  13,556
  14,501
  15,488
  16,521
  17,602
  18,732
  19,916
  21,157
  22,456
  23,819
  25,247
  26,745
Retained Cash Flow (-), $m
  -524
  -547
  -578
  -607
  -637
  -666
  -695
  -724
  -754
  -784
  -815
  -847
  -880
  -915
  -951
  -989
  -1,028
  -1,070
  -1,114
  -1,160
  -1,209
  -1,260
  -1,315
  -1,372
  -1,432
  -1,496
  -1,563
  -1,634
  -1,709
  -1,787
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  1,502
  1,917
  2,350
  2,806
  3,285
  3,786
  4,310
  4,857
  5,427
  6,021
  6,466
  7,110
  7,781
  8,479
  9,207
  9,966
  10,756
  11,581
  12,442
  13,341
  14,279
  15,261
  16,287
  17,361
  18,484
  19,661
  20,893
  22,185
  23,538
  24,958
Discount rate, %
  6.60
  6.93
  7.28
  7.64
  8.02
  8.42
  8.84
  9.29
  9.75
  10.24
  10.75
  11.29
  11.85
  12.45
  13.07
  13.72
  14.41
  15.13
  15.88
  16.68
  17.51
  18.39
  19.31
  20.27
  21.29
  22.35
  23.47
  24.64
  25.87
  27.17
PV of cash for distribution, $m
  1,409
  1,676
  1,903
  2,090
  2,233
  2,330
  2,381
  2,387
  2,349
  2,271
  2,103
  1,970
  1,814
  1,641
  1,459
  1,274
  1,091
  917
  756
  610
  482
  372
  281
  207
  148
  104
  70
  47
  30
  18
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company's segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government. Its CS segment is engaged in construction services, including building construction and energy, infrastructure and industrial construction, primarily in the Americas. Its MS segment is engaged in programming and facilitating management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology services, primarily for agencies of the United States government and other national governments.

FINANCIAL RATIOS  of  AECOM (ACM)

Valuation Ratios
P/E Ratio 14.3
Price to Sales 0.3
Price to Book 1.2
Price to Tangible Book
Price to Cash Flow 6.9
Price to Free Cash Flow 7.9
Growth Rates
Sales Growth Rate 4.5%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -55%
Cap. Spend. - 3 Yr. Gr. Rate 6.4%
Financial Strength
Quick Ratio 6
Current Ratio 0
LT Debt to Equity 92.6%
Total Debt to Equity 96.2%
Interest Coverage 3
Management Effectiveness
Return On Assets 4%
Ret/ On Assets - 3 Yr. Avg. 2%
Return On Total Capital 4.4%
Ret/ On T. Cap. - 3 Yr. Avg. 1%
Return On Equity 9.2%
Return On Equity - 3 Yr. Avg. 2.2%
Asset Turnover 1.3
Profitability Ratios
Gross Margin 3.8%
Gross Margin - 3 Yr. Avg. 3.5%
EBITDA Margin 5.1%
EBITDA Margin - 3 Yr. Avg. 4.3%
Operating Margin 3.6%
Oper. Margin - 3 Yr. Avg. 2.2%
Pre-Tax Margin 2.4%
Pre-Tax Margin - 3 Yr. Avg. 0.7%
Net Profit Margin 1.9%
Net Profit Margin - 3 Yr. Avg. 0.5%
Effective Tax Rate 1.9%
Eff/ Tax Rate - 3 Yr. Avg. 8.5%
Payout Ratio 0%

ACM stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the ACM stock intrinsic value calculation we used $18203.402 million for the last fiscal year's total revenue generated by AECOM. The default revenue input number comes from 0001 income statement of AECOM. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our ACM stock valuation model: a) initial revenue growth rate of 12.9% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 6.6%, whose default value for ACM is calculated based on our internal credit rating of AECOM, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of AECOM.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of ACM stock the variable cost ratio is equal to 75.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $4108 million in the base year in the intrinsic value calculation for ACM stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.8% for AECOM.

Corporate tax rate of 27% is the nominal tax rate for AECOM. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the ACM stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for ACM are equal to 20.9%.

Life of production assets of 25.1 years is the average useful life of capital assets used in AECOM operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for ACM is equal to 2.4%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $3996.126 million for AECOM - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 160.78 million for AECOM is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of AECOM at the current share price and the inputted number of shares is $4.9 billion.

RELATED COMPANIES Price Int.Val. Rating
FLR Fluor 46.71 53.83  hold
JEC Jacobs Enginee 72.00 97.05  buy
KBR KBR 19.86 18.33  hold
TTEK Tetra Tech 64.55 111.84  str.buy
EME EMCOR Group 68.94 107.69  buy
PWR Quanta Service 31.34 4.37  str.sell

COMPANY NEWS

▶ Four Seasons targets downtown Nashville skyscraper   [Oct-11-18 04:56PM  American City Business Journals]
▶ Investors Are Undervaluing AECOM (NYSE:ACM) By 27.22%   [Sep-28-18 12:03PM  Simply Wall St.]
▶ One of South Floridas biggest engineering firms recruits president from NYSE firm   [Sep-25-18 01:58PM  American City Business Journals]
▶ Top 4 Long-Term Infrastructure Stocks for 2018   [Aug-29-18 06:46PM  Investopedia]
▶ Waldorf Astoria reopening delayed   [Aug-21-18 11:01AM  American City Business Journals]
▶ AECOM to Host Earnings Call   [Aug-07-18 10:00AM  ACCESSWIRE]
▶ Aecom: Fiscal 3Q Earnings Snapshot   [07:27AM  Associated Press]
▶ AECOM (NYSE:ACM): Should The Recent Earnings Drop Worry You?   [Jun-22-18 11:26AM  Simply Wall St.]
▶ Aecom wins $3.1 billion Air Force contract   [May-23-18 04:12PM  American City Business Journals]
▶ 3 Infrastructure Plays for the Trump Economy   [11:47AM  InvestorPlace]
▶ Aecom: Fiscal 2Q Earnings Snapshot   [May-08-18 07:19AM  Associated Press]
▶ Mass Equities and AECOM partner on major Denver development   [Mar-22-18 06:55AM  Business Wire]
▶ AECOM's URS Purchase Brings a Billion-Dollar Drone Bonus   [Mar-16-18 06:36AM  Motley Fool]
▶ Compromise coal ash bill would extend closure moratorium   [Feb-07-18 09:08PM  Associated Press]
▶ Will AECOMs (NYSE:ACM) Earnings Grow Over The Next Few Years?   [Feb-06-18 01:49PM  Simply Wall St.]
▶ AECOM to Host Earnings Call   [09:15AM  ACCESSWIRE]
▶ Aecom beats Street 1Q forecasts   [07:47AM  Associated Press]
▶ AECOM, Burns & McDonnell announce partnership on KCI   [Dec-18-17 03:50PM  American City Business Journals]
▶ ETFs with exposure to AECOM : December 4, 2017   [Dec-04-17 10:49AM  Capital Cube]
▶ 9 Stocks That May Outperform In 2018   [Nov-30-17 01:05PM  Investopedia]
▶ ETFs with exposure to AECOM : November 21, 2017   [Nov-21-17 11:13AM  Capital Cube]
▶ AECOM to host 2018 Investor Day on Dec. 12   [06:55AM  Business Wire]
▶ Aecom tops Street 4Q forecasts   [Nov-13-17 07:18AM  Associated Press]
▶ ETFs with exposure to AECOM : November 10, 2017   [Nov-10-17 11:43AM  Capital Cube]
▶ What Are America's Fastest-Growing Industries?   [Nov-08-17 06:34AM  Motley Fool]
▶ Aecom Technology Earns RS Rating Upgrade   [Nov-07-17 03:00AM  Investor's Business Daily]
▶ ETFs with exposure to AECOM : October 30, 2017   [Oct-30-17 11:20AM  Capital Cube]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.