Fugro NV (NL:FUR)
:FUR
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Fugro NV
(FUR)
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Rating:55Neutral
Price Target:
€11.00
▲(8.06% Upside)
Action:DowngradedDate:03/02/26
The score is held back primarily by the 2025 financial deterioration (return to net loss and negative free cash flow), despite a moderately resilient balance sheet. Technicals are mixed with near-term weakness, while valuation is helped by a high dividend yield but offset by a negative P/E driven by losses.
Positive Factors
Diversified Services & End Markets
Fugro’s broad service set and presence across oil & gas, renewables, infrastructure and mining create durable revenue diversification. This reduces dependence on any single cyclical market, supports cross-selling and backlog stability, and underpins steady demand over quarters.
Negative Factors
2025 Revenue & Margin Deterioration
A material drop in revenue and a swing to a net loss in 2025 signal strain in core operations. If underlying demand or pricing pressures persist, profitability and reinvestment capacity will be constrained, harming long-term competitiveness and reducing buffer for strategic initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Services & End Markets
Fugro’s broad service set and presence across oil & gas, renewables, infrastructure and mining create durable revenue diversification. This reduces dependence on any single cyclical market, supports cross-selling and backlog stability, and underpins steady demand over quarters.
Read all positive factors
Fugro NV (FUR) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€1.13B
Dividend Yield8.99%
Average Volume (3M)756.16K
Price to Earnings (P/E)―
Beta (1Y)0.93
Revenue Growth-7.57%
EPS Growth-51.86%
CountryNL
Employees9,527
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)0.31
Shares Outstanding112,730,965
10 Day Avg. Volume468,566
30 Day Avg. Volume756,156
Financial Highlights & Ratios
PEG Ratio0.44
Price to Book (P/B)0.73
Price to Sales (P/S)0.52
P/FCF Ratio-6.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€12.25Price Target Upside20.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.8
Revenue Forecast (FY)€1.81B
Fugro NV Business Overview & Revenue Model
Company Description
Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries. It offers marine geo-consulting, marine geo-technics, geo-physical survey, metocean surveys, marin...
How the Company Makes Money
Fugro generates revenue primarily through its diverse services offered across multiple sectors. Key revenue streams include geotechnical services, which involve soil and rock testing and analysis; survey services, which encompass land, hydrographi...
Fugro NV Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
62
Positive
Cash Flow
41
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.85B | 2.28B | 2.19B | 1.77B | 1.46B |
| Gross Profit | 249.10M | 1.36B | 714.60M | 470.71M | 365.92M |
| EBITDA | 235.20M | 513.10M | 397.62M | 231.08M | 192.69M |
| Net Income | -20.40M | 273.99M | 254.84M | 74.13M | 71.12M |
Balance Sheet | |||||
| Total Assets | 2.35B | 2.63B | 2.40B | 2.06B | 1.84B |
| Cash, Cash Equivalents and Short-Term Investments | 93.20M | 319.46M | 326.29M | 209.09M | 148.96M |
| Total Debt | 639.80M | 415.62M | 436.81M | 416.50M | 441.67M |
| Total Liabilities | 1.02B | 1.12B | 1.10B | 991.13M | 976.77M |
| Stockholders Equity | 1.32B | 1.50B | 1.29B | 1.05B | 851.20M |
Cash Flow | |||||
| Free Cash Flow | -143.00M | 145.56M | 185.25M | 5.86M | 13.37M |
| Operating Cash Flow | 104.60M | 410.15M | 367.33M | 126.34M | 91.17M |
| Investing Cash Flow | -241.20M | -246.99M | -147.93M | -102.49M | -51.69M |
| Financing Cash Flow | -72.50M | -181.76M | -81.93M | 32.93M | -86.32M |
Fugro NV Technical Analysis
Positive
10.18
Price Trends
10.85
Negative
9.74
Positive
10.33
Positive
Market Momentum
-0.19
Positive
47.62
Neutral
73.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:FUR, the sentiment is Positive. The current price of 10.18 is below the 20-day moving average (MA) of 10.47, below the 50-day MA of 10.85, and below the 200-day MA of 10.33, indicating a neutral trend. The MACD of -0.19 indicates Positive momentum. The RSI at 47.62 is Neutral, neither overbought nor oversold. The STOCH value of 73.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:FUR.
Fugro NV Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | €2.04B | 14.29 | 25.42% | 2.44% | 11.67% | 36.03% | |
75 Outperform | €5.05B | 7.24 | 15.92% | 4.27% | -3.32% | 15.52% | |
74 Outperform | €2.30B | 5.46 | 11.89% | 2.69% | 3.64% | -22.13% | |
71 Outperform | €5.80B | 5.19 | 9.56% | 3.46% | 13.52% | -15.28% | |
66 Neutral | €2.32B | 15.23 | 14.59% | 2.85% | -2.02% | 24.14% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | €1.13B | -47.40 | -1.54% | 8.99% | -7.57% | -51.86% |
* Energy Sector Average
NL:FUR
Fugro NV
10.18
-2.64
-20.57%
NL:ARCAD
Arcadis NV
27.26
-19.81
-42.08%
NL:BAMNB
Koninklijke Bam Groep NV
8.45
3.37
66.44%
NL:HEIJM
Heijmans N.V.
74.25
35.51
91.67%
NL:SBMO
SBM Offshore NV
34.64
15.38
79.82%
NL:VPK
Royal Vopak NV
46.10
7.44
19.25%
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.