FTRE Valuation

Fortrea Holdings Inc

Add to Watchlist

Advanced Chart

10.690

+0.68(6.793%)1D

Overview
Forecast
Valuation
Earnings

FTRE Relative Valuation

FTRE's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, FTRE is overvalued; if below, it's undervalued.

Historical Valuation

Fortrea Holdings Inc (FTRE) is now in the Fair zone, suggesting that its current forward PE ratio of 18.81 is considered Fairly compared with the five-year average of 27.98. The fair price of Fortrea Holdings Inc (FTRE) is between 10.49 to 25.59 according to relative valuation methord.

Relative Value

Fair Zone

10.49-25.59

Current Price：10.74

Fair

18.81

Trailing

Forward

11.04

EV/EBITDA

Fortrea Holdings Inc. (FTRE) has a current EV/EBITDA of 11.04. The 5-year average EV/EBITDA is 13.04. The thresholds are as follows: Strongly Undervalued below 5.32, Undervalued between 5.32 and 9.18, Fairly Valued between 16.90 and 9.18, Overvalued between 16.90 and 20.76, and Strongly Overvalued above 20.76. The current Forward EV/EBITDA of 11.04 falls within the Historic Trend Line -Fairly Valued range.

14.78

EV/EBIT

Fortrea Holdings Inc. (FTRE) has a current EV/EBIT of 14.78. The 5-year average EV/EBIT is 17.16. The thresholds are as follows: Strongly Undervalued below 6.94, Undervalued between 6.94 and 12.05, Fairly Valued between 22.27 and 12.05, Overvalued between 22.27 and 27.38, and Strongly Overvalued above 27.38. The current Forward EV/EBIT of 14.78 falls within the Historic Trend Line -Fairly Valued range.

0.36

Fortrea Holdings Inc. (FTRE) has a current PS of 0.36. The 5-year average PS is 0.71. The thresholds are as follows: Strongly Undervalued below 0.08, Undervalued between 0.08 and 0.40, Fairly Valued between 1.02 and 0.40, Overvalued between 1.02 and 1.33, and Strongly Overvalued above 1.33. The current Forward PS of 0.36 falls within the Undervalued range.

132.20

P/OCF

Fortrea Holdings Inc. (FTRE) has a current P/OCF of 132.20. The 5-year average P/OCF is 64.46. The thresholds are as follows: Strongly Undervalued below -199.00, Undervalued between -199.00 and -67.27, Fairly Valued between 196.19 and -67.27, Overvalued between 196.19 and 327.92, and Strongly Overvalued above 327.92. The current Forward P/OCF of 132.20 falls within the Historic Trend Line -Fairly Valued range.

-36.43

P/FCF

Fortrea Holdings Inc. (FTRE) has a current P/FCF of -36.43. The 5-year average P/FCF is -4.00. The thresholds are as follows: Strongly Undervalued below -197.78, Undervalued between -197.78 and -100.89, Fairly Valued between 92.89 and -100.89, Overvalued between 92.89 and 189.78, and Strongly Overvalued above 189.78. The current Forward P/FCF of -36.43 falls within the Historic Trend Line -Fairly Valued range.

Fortrea Holdings Inc (FTRE) has a current Price-to-Book (P/B) ratio of 1.54. Compared to its 3-year average P/B ratio of 1.29 , the current P/B ratio is approximately 19.92% higher. Relative to its 5-year average P/B ratio of 1.29, the current P/B ratio is about 19.92% higher. Fortrea Holdings Inc (FTRE) has a Forward Free Cash Flow (FCF) yield of approximately -11.53%. Compared to its 3-year average FCF yield of 10.42%, the current FCF yield is approximately -210.61% lower. Relative to its 5-year average FCF yield of 10.42% , the current FCF yield is about -210.61% lower.

1.54

P/B

Median3y

1.29

Median5y

1.29

-11.34

FCF Yield

Median3y

10.42

Median5y

10.42

Competitors Valuation Multiple

The average P/S ratio for FTRE's competitors is 1.65, providing a benchmark for relative valuation. Fortrea Holdings Inc Corp (FTRE) exhibits a P/S ratio of 0.36, which is -78.51% above the industry average. Given its robust revenue growth of 7.23%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of FTRE decreased by 49.95% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -14.99 to -52.78.

The secondary factor is the Revenue Growth, contributed 7.23%to the performance.

Overall, the performance of FTRE in the past 1 year is driven by Margin Expansion. Which is more sustainable.

7.23%

662.40M → 710.30M

Revenue Growth

252.10%

-14.99 → -52.78

Margin Expansion

-309.28%

0.42 → -0.87

P/E Change

-49.95%