EN DE

AECOM, (ACM) Fair Value & Analysis

Industrials · US · Market cap $8.8B

A AECOM, logo AECOM, ACM · US
Price$74.93
Fair Value$85.39
Upside+14.0%
Quality52/100
Watch AECOM, for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 3.2% net margin
Moderate debt · generates free cash flow
1.68% dividend yield
Ranks above peers (10/15)
Moderate moat 53/100
Evidence: High Range $51.13 – $114.74 Share as image

Fair value as of: Jul 13, 2026

From 26 valuation models · updated 25 days ago

Fair value updated Jul 13, 2026, revised from $84.71 to $85.39 (+0.8%) since Jun 24, 2026. Share price +10.8% over the past month.

A solid business, screening 14% undervalued on our models.

What matters now

  • A fairly wide model range ($51.13 to $114.74) leaves room in how you read the outcome.
  • Our model range runs from $51.13 (bear) to $114.74 (bull), base $85.39. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 52/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$132.85 $56.12 Fair Value $85.39 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range $56.12 – $132.85 · fair‑value band $51.13 – $114.74 · the $74.93 price screens below the $85.39 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

AECOM, (ACM) currently trades at $74.93, while our model-based Fair Value estimate is $85.39, implying the stock looks roughly 14.0% undervalued today. We read business quality at 52/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, AECOM, generated revenue of $16.0B at a net margin of 3.2%. Revenue grew 0.8% year over year. It earns a return on equity of 28.6%. Net debt stands at $1.8B. Fundamentals as of Jul 13, 2026

Our scenario range runs from $51.13 (bear case) to $114.74 (bull case); at $74.93, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 44% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 14%, ACM screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $48.77 $72.65 $104.75 80
Residual Income $27.76 $37.69 $177.23 76
Rev-Margin DCF $55.76 $94.03 $136.62 74
All 26 models by family
DCF Models
FCF DCF $47.71 $74.31 $112.12 38
Owner Earnings $40.85 $64.20 $97.37 31
5Y Revenue Exit $55.76 $93.92 $142.01 39
5Y EBITDA Exit $63.20 $107.54 $158.30 41
5Y P/E Exit $48.90 $81.37 $114.55 38
10Y Revenue Exit $50.07 $83.39 $126.77 36
10Y EBITDA Exit $56.73 $92.52 $138.68 37
10Y P/E Exit $47.89 $74.97 $106.70 35
Earnings-Based
Graham-Dodd $29.72 $82.57 $108.50 54
Lynch FV $16.55 $23.65 $30.74 50
PEG = 1.0 $16.55 $23.65 $30.74 46
EPV $49.92 $59.11 $67.03 59
Dividend Discount
Gordon GGM $9.13 $18.19 $27.54 70
DDM Multi-Stage $9.13 $14.14 $19.20 61
Multiples
P/E Multiple $65.57 $87.42 $109.28 63
P/S Multiple $55.73 $74.31 $92.88 58
P/B Multiple $43.64 $58.18 $72.73 55
EV/EBIT $99.57 $135.51 $171.45 53
EV/EBITDA $82.96 $113.37 $143.77 54
EV/Revenue $64.42 $95.57 $126.72 43
Asset-Based
NCAV (Graham) $9.70 $12.99 $19.39 50
Growth DCF
Growth DCF $48.77 $72.65 $104.75 80
Rev-Margin DCF $55.76 $94.03 $136.62 74
Economic Profit
Residual Income $27.76 $37.69 $177.23 76
ROIC Compounder $53.15 $67.30 $82.81 72
Growth Earnings
Growth-Adj P/E $52.44 $74.91 $97.38 68

Widest divergence: Multiples ($87.42) versus Asset-Based ($12.99). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $16.0B
Revenue growth (YoY) +0.8%
Net margin 3.2%
Return on equity 28.6%
Free cash flow $685M FY2025
P/E ratio 14.2
More key figures
Operating margin 6.7%
EPS (TTM) $4.79
Dividend yield 1.7%
EPS growth (YoY) +28.5%
Net debt $1.8B FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 60 · Market factors (momentum, volatility) 27

Profitability 52
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations internationally. The company operates in three segments: Americas, International, and AECOM Capital.

Full company description

AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations internationally. The company operates in three segments: Americas, International, and AECOM Capital. The company offers advisory, planning, consulting, architectural and engineering design, construction and program management services, and investment and development services to public and private clients in major end markets such as transportation, facilities, water, environmental, and energy. It is also involved in the investment and development of real estate projects. The company was formerly known as AECOM Technology Corporation and changed its name to AECOM in January 2015. AECOM was incorporated in 1980 and is headquartered in Dallas, Texas.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AECOM, reported revenue of $16.1B in FY2025 versus $13.3B in FY2021, a compound +4.9%/yr. Reported net income was $562M in FY2025, compounding +34.2%/yr from FY2021.

Growth Quality 66/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$16.1B
Latest YoY
+0.2%
Avg. growth/yr (3Y)
+7.1%
Avg. growth/yr (5Y)
+4.0%
Avg. growth/yr (23Y)
+10.1%
Revenue +4.9%/yr
FY21 $13.3B
FY22 $13.1B
FY23 $14.4B
FY24 $16.1B
FY25 $16.1B
Net income +34.2%/yr
FY21 $173M
FY22 $311M
FY23 $55.3M
FY24 $402M
FY25 $562M

Watch ACM: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "AECOM, Fair Value". https://www.fairvalue-calculator.com/stock/ACM

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Engineering & Construction · 831 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 52 · Above median
Fair Value upside +14% · Above median
Return on equity (TTM) 29% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 1.7% · Above median
Debt / equity 1.06× · Higher than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 14.2× · Cheaper than median
P/B 3.52× · Pricier than 75% of peers
P/S (TTM) 0.55× · Cheaper than median
P/FCF 12.8× · Pricier than 75% of peers
EV/EBITDA 7.7× · Cheaper than median
PEG 0.69× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 52 · sector 17
FUTURE 4 · sector 17
PAST 100 · sector 26
HEALTH 47 · sector 94
DIVIDEND 34 · sector 33

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹102.36 ₹48.22 -53%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

Compare AECOM, with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is AECOM, (ACM) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of $85.39 versus a price of $74.93, about +14% (undervalued).
What is the fair value of ACM?
Our model-based fair value for AECOM, is $85.39 (as of Jul 13, 2026), built from audited fundamentals. The current price is $74.93.
What is the quality score of ACM?
AECOM, has a Quality Score of 52/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of AECOM, (ACM)?
AECOM, reported trailing-twelve-month revenue of about $16.0B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of ACM?
The net profit margin of AECOM, is about 3.2%, meaning it keeps roughly 3.2% of revenue as net income. Based on the latest reported figures.
Does AECOM, pay a dividend?
AECOM, currently shows a dividend yield of about 1.60% relative to its recent price (as of Jul 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track AECOM, and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.