Company Valuation: AECOM

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,098 9,548 11,520 13,845 17,280 8,589 - -
Change - 4.95% 20.65% 20.18% 24.81% -50.29% - -
Enterprise Value (EV) 1 10,080 10,600 11,520 14,804 18,438 10,510 10,370 10,051
Change - 5.16% 8.68% 28.51% 24.55% -43% -1.33% -3.08%
P/E 54.4x 31.4x 213x 35x 31x 25.7x 11x 9.31x
PBR 3.33x 3.9x 5.23x 6.19x 6.9x 3.59x 2.7x 2.16x
PEG - 0.4x -2.6x 0x 0.7x -0.7x 0x 0.5x
Capitalization / Revenue 0.68x 0.73x 0.8x 0.86x 1.07x 0.56x 0.51x 0.46x
EV / Revenue 0.76x 0.81x 0.8x 0.92x 1.14x 0.69x 0.61x 0.54x
EV / EBITDA 12.1x 11.8x 12x 13.5x 15.3x 11.1x 7.74x 6.79x
EV / EBIT 14.4x 13.7x 13.6x 15x 16.8x 13.2x 8.66x 7.38x
EV / FCF 17.7x 18.1x 19.5x 20.9x 26.9x 30x 14.6x -
FCF Yield 5.64% 5.52% 5.13% 4.79% 3.72% 3.33% 6.87% -
Dividend per Share 2 - 0.6 0.72 0.88 1.04 1.169 1.204 1.443
Rate of return - 0.88% 0.87% 0.85% 0.8% 1.75% 1.8% 2.16%
EPS 2 1.16 2.18 0.39 2.95 4.21 2.603 6.083 7.18
Distribution rate - 27.5% 185% 29.8% 24.7% 44.9% 19.8% 20.1%
Net sales 1 13,341 13,148 14,378 16,105 16,140 15,302 16,874 18,514
EBITDA 1 829.7 900.3 963.9 1,095 1,203 943.7 1,339 1,480
EBIT 1 701 773.2 846.8 985.6 1,097 798 1,197 1,362
Net income 1 173.2 310.6 55.33 402.3 561.8 309.5 777.4 882.6
Net Debt 1 982.4 1,052 - 959 1,158 1,921 1,781 1,461
Reference price 2 63.15 68.37 83.04 103.27 130.47 66.83 66.83 66.83
Nbr of stocks (in thousands) 144,062 139,650 138,727 134,067 132,446 128,523 - -
Announcement Date 11/15/21 A 11/14/22 A 11/13/23 A 11/18/24 A 11/18/25 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.53x0.68x11.09x1.76% 8.54B
53.31x2.44x23.32x0.07% 91.83B
12.27x1.05x5.77x4.76% 71.68B
26.81x2.06x20.21x1.14% 58.09B
32.12x4.03x21.86x0.21% 54.82B
51.32x4.14x26.28x1.73% 41.6B
28.38x0.7x11.56x2.18% 35.6B
22.42x1.53x14.09x0.21% 32.39B
23.02x0.47x7.41x2.56% 31.65B
4.99x0.32x5.8x5.89% 26.56B
Average 28.02x 1.74x 14.74x 2.05% 45.28B
Weighted average by Cap. 31.02x 2.02x 16.28x 1.84%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield