Arcadis NV (NL:ARCAD)
:ARCAD
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Arcadis NV
(ARCAD)
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Rating:66Neutral
Price Target:
€28.00
▲(2.04% Upside)
Action:ReiteratedDate:02/21/26
The score is supported primarily by strong financial performance driven by robust 2025 revenue growth and high-quality cash generation. This is tempered by balance-sheet leverage and a weak technical backdrop, with the stock in a pronounced downtrend despite oversold signals. Valuation is reasonable and helps stabilize the overall score.
Positive Factors
Strong 2025 revenue growth
Sustained ~31% revenue growth into 2025 implies expanding market penetration and larger scale for delivery capabilities. Over 2–6 months this supports higher backlog, stronger negotiating leverage on pricing and resourcing, and better capacity to invest in strategic capabilities.
Negative Factors
Rising leverage in 2025
Higher leverage reduces financial flexibility and increases sensitivity to interest costs and cash-flow variability. With debt now exceeding equity, the company has less room to maneuver for acquisitions or to absorb profit shocks without materially increasing refinancing or covenant risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong 2025 revenue growth
Sustained ~31% revenue growth into 2025 implies expanding market penetration and larger scale for delivery capabilities. Over 2–6 months this supports higher backlog, stronger negotiating leverage on pricing and resourcing, and better capacity to invest in strategic capabilities.
Read all positive factors
Arcadis NV (ARCAD) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€2.33B
Dividend Yield2.85%
Average Volume (3M)214.67K
Price to Earnings (P/E)15.2
Beta (1Y)0.74
Revenue Growth-2.02%
EPS Growth24.14%
CountryNL
Employees32,059
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)1.52
Shares Outstanding90,442,090
10 Day Avg. Volume192,744
30 Day Avg. Volume214,667
Financial Highlights & Ratios
PEG Ratio-1.11
Price to Book (P/B)3.06
Price to Sales (P/S)0.65
P/FCF Ratio8.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€46.67Price Target Upside70.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)3.18
Revenue Forecast (FY)€3.95B
Arcadis NV Business Overview & Revenue Model
Company Description
Arcadis NV operates as a design and consultancy firm for natural and built assets worldwide. The company operates through four segments: Europe & Middle East, The Americas, Asia Pacific, and CallisonRTKL. It offers architectural based design consu...
How the Company Makes Money
Arcadis primarily makes money by selling professional services on client engagements, generating revenue from fees for consulting, engineering/design, advisory, and project/program management work. Its revenue model is largely services-based and t...
Arcadis NV Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
58
Neutral
Cash Flow
82
Very Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.88B | 5.00B | 5.00B | 4.03B | 3.38B |
| Gross Profit | 828.00M | 892.00M | 815.00M | 655.55M | 568.67M |
| EBITDA | 427.00M | 469.00M | 402.75M | 270.44M | 280.85M |
| Net Income | 208.00M | 243.00M | 160.00M | 131.52M | 167.88M |
Balance Sheet | |||||
| Total Assets | 3.63B | 3.90B | 3.78B | 3.84B | 2.74B |
| Cash, Cash Equivalents and Short-Term Investments | 323.50M | 357.00M | 270.00M | 243.15M | 320.60M |
| Total Debt | 1.33B | 1.12B | 1.16B | 1.29B | 518.67M |
| Total Liabilities | 2.59B | 2.67B | 2.72B | 2.85B | 1.71B |
| Stockholders Equity | 1.04B | 1.23B | 1.06B | 995.24M | 1.02B |
Cash Flow | |||||
| Free Cash Flow | 369.00M | 305.00M | 268.15M | 243.89M | 294.68M |
| Operating Cash Flow | 386.00M | 350.00M | 308.72M | 284.02M | 329.46M |
| Investing Cash Flow | -108.00M | -46.00M | -36.56M | -834.98M | -33.59M |
| Financing Cash Flow | -333.00M | -218.00M | -244.63M | 456.38M | -410.82M |
Arcadis NV Technical Analysis
Negative
27.44
Price Trends
32.92
Negative
34.71
Negative
38.94
Negative
Market Momentum
-1.73
Positive
31.90
Neutral
16.71
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:ARCAD, the sentiment is Negative. The current price of 27.44 is below the 20-day moving average (MA) of 28.58, below the 50-day MA of 32.92, and below the 200-day MA of 38.94, indicating a bearish trend. The MACD of -1.73 indicates Positive momentum. The RSI at 31.90 is Neutral, neither overbought nor oversold. The STOCH value of 16.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NL:ARCAD.
Arcadis NV Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | €2.11B | 14.29 | 25.42% | 2.44% | 11.67% | 36.03% | |
75 Outperform | €5.07B | 7.24 | 15.92% | 4.27% | -3.32% | 15.52% | |
74 Outperform | €2.41B | 11.48 | 11.89% | 2.69% | 3.64% | -22.13% | |
66 Neutral | €2.33B | 15.23 | 14.59% | 2.85% | -2.02% | 24.14% | |
62 Neutral | €3.26B | 20.51 | 6.13% | 4.08% | -4.31% | -50.34% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | €1.16B | -47.40 | -1.54% | 8.99% | -7.57% | -51.86% |
* General Sector Average
NL:ARCAD
Arcadis NV
27.44
-19.63
-41.70%
NL:AALB
Aalberts Industries N.V.
30.20
-0.61
-1.99%
NL:BAMNB
Koninklijke Bam Groep NV
8.87
3.79
74.71%
NL:FUR
Fugro NV
10.48
-2.34
-18.23%
NL:HEIJM
Heijmans N.V.
76.65
37.91
97.87%
NL:VPK
Royal Vopak NV
46.34
7.68
19.87%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.