Fugro NV (FUR) AI Stock Analysis

• Market Cap: €1.01B
• Dividend Yield: 8.99%
• Average Volume (3M): 756.16K
• Price to Earnings (P/E): 7.4
• Beta (1Y): 1.02
• Revenue Growth: -7.57%
• EPS Growth: -51.86%
• Country: NL
• Employees: 9,527
• Sector: General
• Sector Strength: N/A
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.10
• Shares Outstanding: 112,730,965
• 10 Day Avg. Volume: 468,566
• 30 Day Avg. Volume: 756,156
• PEG Ratio: 0.57
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.82
• P/FCF Ratio: 12.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €9.00
• Price Target Upside: 1.01% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: €9.00 ▲(1.01% Upside)

Fugro NV's strong financial performance and attractive valuation are major strengths, offering potential for solid returns. However, technical indicators show bearish momentum, which could pose short-term risks.

Positive Factors

Cash Flow Generation

Strong cash flow generation enhances Fugro's financial flexibility, supporting ongoing operations and potential investments.

Profitability Improvement

Significant improvement in profitability margins indicates efficient cost management and strengthens the company's competitive position.

Balance Sheet Health

A solid balance sheet with modest leverage ensures financial stability and supports long-term strategic initiatives.

Negative Factors

Revenue Decline

Negative revenue growth indicates potential challenges in maintaining market share and could impact future profitability.

Earnings Decline

A significant decline in EPS growth suggests potential operational challenges and may affect investor confidence.

Free Cash Flow Decrease

A decrease in free cash flow could limit the company's ability to reinvest in growth opportunities and manage debt effectively.

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, marine environmental, and hydrographic survey services. The company also provides geo-technical ground investigation, geological and geophysical survey, nearshore geotechnical site investigation, testing and monitoring, environmental site characterization and remediation, water consultancy services, and geo consulting services. In addition, it offers positioning and construction support, satellite positioning, monitoring and forecasting, IRM, ROV services and tooling, and marine infrastructure solutions. Further, the company provides digital plant and pipelines, surveying and mapping, raildata, roadware surveys, Roames power, and land weather forecasting services. It serves in Europe, Africa, the Americas, the Asia Pacific, the Middle East, and India. The company was incorporated in 1962 and is headquartered in Leidschendam, the Netherlands.

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, hydrographic, and aerial surveys; and subsea services that provide inspection, maintenance, and repair for underwater assets. The company also earns income from geospatial services, including mapping and spatial data analysis. Significant partnerships with major players in the oil and gas and renewable energy sectors bolster its revenue, alongside government contracts for infrastructure projects. Additionally, the company capitalizes on technological advancements and innovative solutions to enhance its service offerings, contributing to its earnings.

Fugro NV Financial Statement Overview

Summary

Fugro NV exhibits strong financial health with significant revenue and profit growth. The balance sheet is solid with prudent leverage, and cash flow generation is adequate, supporting ongoing operations and potential investments.

Income Statement

Fugro NV has demonstrated strong growth in revenue and profitability. The gross profit margin improved significantly, reaching 59.93% in 2024 from 32.66% in 2023. The net profit margin also increased to 12.04% from 11.65%. Consistent revenue growth over recent years, from €1.38 billion in 2020 to €2.28 billion in 2024, indicates positive business momentum.

Balance Sheet

The company's balance sheet is solid with a debt-to-equity ratio of 0.28, reflecting modest leverage. ROE stands at a healthy 18.31%, indicating efficient use of equity to generate profits. The equity ratio of 56.91% suggests a strong equity position relative to total assets, though vigilance on debt levels is advisable.

Cash Flow

Fugro NV has shown strong cash flow performance, with operating cash flow increasing to €410 million in 2024 from €375 million in 2023. The free cash flow to net income ratio is 0.53, indicating adequate cash generation relative to profits. Despite a decrease in free cash flow, the overall cash position remains robust, supporting financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.09B	2.28B	2.19B	1.77B	1.46B	1.39B
Gross Profit	1.15B	1.36B	714.60M	470.71M	365.92M	334.13M
EBITDA	400.50M	513.10M	397.62M	231.08M	192.69M	136.11M
Net Income	143.19M	273.99M	254.84M	74.13M	71.12M	-173.82M
Balance Sheet
Total Assets	2.47B	2.63B	2.40B	2.06B	1.84B	1.70B
Cash, Cash Equivalents and Short-Term Investments	118.90M	319.46M	326.29M	209.09M	148.96M	183.46M
Total Debt	556.20M	415.62M	436.81M	416.50M	441.67M	479.27M
Total Liabilities	1.12B	1.12B	1.10B	991.13M	976.77M	989.39M
Stockholders Equity	1.33B	1.50B	1.29B	1.05B	851.20M	702.07M
Cash Flow
Free Cash Flow	71.86M	145.56M	185.25M	5.86M	13.37M	40.28M
Operating Cash Flow	384.85M	410.15M	367.33M	126.34M	91.17M	121.50M
Investing Cash Flow	-310.06M	-246.99M	-147.93M	-102.49M	-51.69M	-88.98M
Financing Cash Flow	-128.56M	-181.76M	-81.93M	32.93M	-86.32M	-83.83M

Fugro NV Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.91
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 8.91 is above the 20-day moving average (MA) of 8.68, above the 50-day MA of 8.60, and below the 200-day MA of 10.41, indicating a neutral trend. The MACD of 0.15 indicates Negative momentum. The RSI at 70.15 is Negative, neither overbought nor oversold. The STOCH value of 87.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:FUR.

Fugro NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SBMO	75 Outperform	€4.38B	14.21	9.56%	3.46%	13.52%	-15.28%
HEIJM	74 Outperform	€1.94B	16.82	25.34%	2.44%	11.67%	36.03%
BAMNB	74 Outperform	€2.60B	18.65	11.89%	2.69%	3.64%	-22.13%
VPK	73 Outperform	€4.31B	9.60	15.92%	4.27%	-3.32%	15.52%
FUR	70 Outperform	€1.01B	7.44	9.91%	8.99%	-7.57%	-51.86%
ARCAD	63 Neutral	€3.33B	14.11	21.45%	2.85%	-2.02%	24.14%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%