Fugro NV (FUR) AI Stock Analysis

• Market Cap: €1.34B
• Dividend Yield: 6.36%
• Average Volume (3M): 575.94K
• Price to Earnings (P/E): 4.8
• Beta (1Y): 0.69
• Revenue Growth: 4.03%
• EPS Growth: 8.35%
• Country: NL
• Employees: 9,527
• Sector: Industrials
• Sector Strength: 83
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 1.34
• Shares Outstanding: 115,699,615
• 10 Day Avg. Volume: 502,001
• 30 Day Avg. Volume: 575,944
• PEG Ratio: 0.86
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 202.72
• 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: €21.50
• Price Target Upside: 83.76% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 79 Outperform
• Price Target: €13.00 ▲(11.11%Upside)

The overall stock score for Fugro NV is driven primarily by its strong financial performance and attractive valuation. The company exhibits robust revenue and profit growth, and its stock appears undervalued with a low P/E ratio and high dividend yield. Technical analysis presents a mixed picture, with no clear momentum, slightly tempering the overall assessment.

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 NV generates revenue through its comprehensive range of services that support the design, construction, and maintenance of infrastructure and natural resource projects. Key revenue streams include geotechnical services, where Fugro provides critical data on ground conditions to inform construction and engineering decisions. Survey services offer detailed mapping and analysis of terrestrial and subsea environments. The subsea services division provides inspection, repair, and maintenance of subsea installations, which are vital for offshore oil, gas, and energy sectors. Additionally, Fugro's geoscience services deliver insights into geological formations, aiding in resource exploration and extraction. The company benefits from significant partnerships with global energy companies, governments, and engineering firms that rely on Fugro's expertise to minimize risks and optimize operations. These collaborations, along with Fugro's technological innovations, contribute to its revenue growth and market leadership.

Fugro NV Financial Statement Overview

Summary

Fugro NV exhibits strong financial health with solid revenue and profit growth. The company's balance sheet is robust, with prudent leverage and strong equity ratios. Cash flow generation is adequate, supporting 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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.28B	2.19B	1.77B	1.46B	1.39B
	Gross Profit
1.36B	714.60M	470.71M	365.92M	334.13M
	EBIT
307.93M	252.31M	99.06M	54.30M	22.36M
	EBITDA
513.10M	397.62M	231.08M	192.69M	112.81M
	Net Income Common Stockholders
273.99M	254.84M	74.13M	71.12M	-74.03M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
319.46M	326.29M	209.09M	148.96M	174.16M
	Total Assets
2.63B	2.40B	2.06B	1.84B	1.70B
	Total Debt
415.62M	436.81M	416.50M	441.67M	479.27M
	Net Debt
96.16M	110.52M	207.41M	292.71M	305.11M
	Total Liabilities
1.12B	1.10B	991.13M	976.77M	989.39M
	Stockholders Equity
1.50B	1.29B	1.06B	851.20M	702.07M
Cash Flow		Free Cash Flow
145.56M	185.25M	5.86M	13.37M	40.28M
	Operating Cash Flow
410.15M	367.33M	126.34M	91.17M	121.50M
	Investing Cash Flow
-246.99M	-147.93M	-102.49M	-51.69M	-33.10M
	Financing Cash Flow
-181.76M	-98.84M	32.93M	-86.32M	-83.83M

Fugro NV Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.70
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:FUR, the sentiment is Neutral. The current price of 11.7 is above the 20-day moving average (MA) of 11.39, above the 50-day MA of 11.08, and below the 200-day MA of 14.72, indicating a neutral trend. The MACD of 0.16 indicates Negative momentum. The RSI at 63.18 is Neutral, neither overbought nor oversold. The STOCH value of 87.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:FUR.

Fugro NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FUR	79 Outperform	€1.34B	4.82	18.89%	6.36%	4.03%	8.35%
Sector *	66 Neutral	$4.46B	12.15	5.40%	4.71%	4.16%	-11.97%
0N6B		€3.95B	16.32	21.16%	2.27%	―	―
0LNQ		€2.14B	24.72	6.85%	3.31%	―	―
0M6I		€1.52B	16.73	21.26%	2.96%	―	―
0RHI		€2.89B	8.13	11.61%	6.90%	―	―
0RHT		€280.06M	231.42	0.50%	―	―	―