Using the industry peer median P/E multiple (trailing + forward), Comfort Systems USA, Inc. (FIX) has a fair value of $971.69 based on 3 comparable companies in the Engineering & Construction industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| Comfort Systems USA, Inc.FIX | 48,526 | 47.4x | 95.7x |
| Quanta Services, Inc.PWR | 82,398 | 81.0x | 42.2x |
| EMCOR Group, Inc.EME | 32,923 | 26.1x | 26.0x |
| Jacobs Solutions Inc.J | 15,297 | 54.4x | 18.6x |
| Industry Median | 54.4x | 26.0x | |
| (*) Profit after tax | 1,023 | 507 | |
| Equity Value | 55,654 | 13,166 | |
| (/) Outstanding shares | 35 | 35 | |
| Fair Price | $1572 | $372 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.