FUGRO NV (FUR.AS) Stock Fundamental Analysis

AMS:FUR • NL00150003E1

10.75 EUR
-0.88 (-7.57%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, FUR scores 5 out of 10 in our fundamental rating. FUR was compared to 43 industry peers in the Construction & Engineering industry. FUR has only an average score on both its financial health and profitability. FUR has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year FUR was profitable.
  • In the past year FUR had a positive cash flow from operations.
  • FUR had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years FUR had a positive operating cash flow.
FUR.AS Yearly Net Income VS EBIT VS OCF VS FCFFUR.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

  • The Return On Assets of FUR (5.79%) is better than 64.44% of its industry peers.
  • FUR's Return On Equity of 10.70% is on the low side compared to the rest of the industry. FUR is outperformed by 71.11% of its industry peers.
  • FUR has a Return On Invested Capital of 8.15%. This is comparable to the rest of the industry: FUR outperforms 42.22% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for FUR is in line with the industry average of 11.93%.
Industry RankSector Rank
ROA 5.79%
ROE 10.7%
ROIC 8.15%
ROA(3y)8.22%
ROA(5y)3.66%
ROE(3y)15.04%
ROE(5y)5.75%
ROIC(3y)10.63%
ROIC(5y)7.42%
FUR.AS Yearly ROA, ROE, ROICFUR.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

  • FUR has a Profit Margin of 6.83%. This is in the better half of the industry: FUR outperforms 68.89% of its industry peers.
  • FUR's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 8.60%, FUR is in line with its industry, outperforming 55.56% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FUR has grown nicely.
  • With a decent Gross Margin value of 67.89%, FUR is doing good in the industry, outperforming 75.56% of the companies in the same industry.
  • In the last couple of years the Gross Margin of FUR has grown nicely.
Industry RankSector Rank
OM 8.6%
PM (TTM) 6.83%
GM 67.89%
OM growth 3Y56.41%
OM growth 5Y46.65%
PM growth 3Y35.26%
PM growth 5YN/A
GM growth 3Y3.97%
GM growth 5Y2.39%
FUR.AS Yearly Profit, Operating, Gross MarginsFUR.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FUR is still creating some value.
  • The number of shares outstanding for FUR has been reduced compared to 1 year ago.
  • Compared to 5 years ago, FUR has more shares outstanding
  • Compared to 1 year ago, FUR has an improved debt to assets ratio.
FUR.AS Yearly Shares OutstandingFUR.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
FUR.AS Yearly Total Debt VS Total AssetsFUR.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • An Altman-Z score of 2.20 indicates that FUR is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.20, FUR is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
  • FUR has a debt to FCF ratio of 8.69. This is a slightly negative value and a sign of low solvency as FUR would need 8.69 years to pay back of all of its debts.
  • FUR has a Debt to FCF ratio (8.69) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.37 indicates that FUR is not too dependend on debt financing.
  • The Debt to Equity ratio of FUR (0.37) is better than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 8.69
Altman-Z 2.2
ROIC/WACC1.16
WACC7.04%
FUR.AS Yearly LT Debt VS Equity VS FCFFUR.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 1.41 indicates that FUR should not have too much problems paying its short term obligations.
  • The Current ratio of FUR (1.41) is better than 71.11% of its industry peers.
  • FUR has a Quick Ratio of 1.33. This is a normal value and indicates that FUR is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Quick ratio value of 1.33, FUR is doing good in the industry, outperforming 77.78% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.41
Quick Ratio 1.33
FUR.AS Yearly Current Assets VS Current LiabilitesFUR.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2

3. Growth

3.1 Past

  • FUR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.73%.
  • FUR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 50.88% yearly.
  • FUR shows a decrease in Revenue. In the last year, the revenue decreased by -7.57%.
  • FUR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.88% yearly.
EPS 1Y (TTM)-50.73%
EPS 3Y50.88%
EPS 5YN/A
EPS Q2Q%-116.33%
Revenue 1Y (TTM)-7.57%
Revenue growth 3Y15.9%
Revenue growth 5Y6.88%
Sales Q2Q%-17.08%

3.2 Future

  • The Earnings Per Share is expected to decrease by -5.51% on average over the next years.
  • Based on estimates for the next years, FUR will show a decrease in Revenue. The Revenue will decrease by -0.22% on average per year.
EPS Next Y-80.74%
EPS Next 2Y-36.75%
EPS Next 3Y-18.72%
EPS Next 5Y-5.51%
Revenue Next Year-18.11%
Revenue Next 2Y-10.67%
Revenue Next 3Y-5.82%
Revenue Next 5Y-0.22%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
FUR.AS Yearly Revenue VS EstimatesFUR.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B
FUR.AS Yearly EPS VS EstimatesFUR.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 -1 2 -2

6

4. Valuation

4.1 Price/Earnings Ratio

  • FUR is valuated reasonably with a Price/Earnings ratio of 8.81.
  • Based on the Price/Earnings ratio, FUR is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.07, FUR is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 12.90, FUR is valued correctly.
  • FUR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FUR is cheaper than 62.22% of the companies in the same industry.
  • FUR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.05.
Industry RankSector Rank
PE 8.81
Fwd PE 12.9
FUR.AS Price Earnings VS Forward Price EarningsFUR.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FUR is valued cheaper than 82.22% of the companies in the same industry.
  • FUR's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 18.94
EV/EBITDA 4.65
FUR.AS Per share dataFUR.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The decent profitability rating of FUR may justify a higher PE ratio.
  • A cheap valuation may be justified as FUR's earnings are expected to decrease with -18.72% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-36.75%
EPS Next 3Y-18.72%

6

5. Dividend

5.1 Amount

  • FUR has a Yearly Dividend Yield of 3.44%. Purely for dividend investing, there may be better candidates out there.
  • FUR's Dividend Yield is a higher than the industry average which is at 2.30.
  • Compared to an average S&P500 Dividend Yield of 1.82, FUR pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.44%

5.2 History

  • The dividend of FUR is nicely growing with an annual growth rate of 48.03%!
Dividend Growth(5Y)48.03%
Div Incr Years1
Div Non Decr Years1
FUR.AS Yearly Dividends per shareFUR.AS Yearly Dividends per shareYearly Dividends per share 2024 2025 0.2 0.4 0.6

5.3 Sustainability

  • FUR pays out 59.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • The Dividend Rate of FUR has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP59.22%
EPS Next 2Y-36.75%
EPS Next 3Y-18.72%
FUR.AS Yearly Income VS Free CF VS DividendFUR.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M -200M -300M
FUR.AS Dividend Payout.FUR.AS Dividend Payout, showing the Payout Ratio.FUR.AS Dividend Payout.PayoutRetained Earnings

FUGRO NV

AMS:FUR (2/27/2026, 7:00:00 PM)

10.75

-0.88 (-7.57%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)02-27
Earnings (Next)N/A
Inst Owners47.23%
Inst Owner ChangeN/A
Ins Owners3.61%
Ins Owner ChangeN/A
Market Cap1.21B
Revenue(TTM)2.09B
Net Income(TTM)142.70M
Analysts50
Price Target11.48 (6.79%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.44%
Yearly Dividend0.41
Dividend Growth(5Y)48.03%
DP59.22%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)20.67%
PT rev (3m)18.81%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-8.22%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.1%
Revenue NY rev (3m)-2.28%
Valuation
Industry RankSector Rank
PE 8.81
Fwd PE 12.9
P/S 0.58
P/FCF 18.94
P/OCF 3.22
P/B 0.91
P/tB 1.16
EV/EBITDA 4.65
EPS(TTM)1.22
EY11.35%
EPS(NY)0.83
Fwd EY7.75%
FCF(TTM)0.57
FCFY5.28%
OCF(TTM)3.34
OCFY31.08%
SpS18.53
BVpS11.83
TBVpS9.27
PEG (NY)N/A
PEG (5Y)N/A
Graham Number18.02
Profitability
Industry RankSector Rank
ROA 5.79%
ROE 10.7%
ROCE 9.47%
ROIC 8.15%
ROICexc 8.7%
ROICexgc 10.38%
OM 8.6%
PM (TTM) 6.83%
GM 67.89%
FCFM 3.06%
ROA(3y)8.22%
ROA(5y)3.66%
ROE(3y)15.04%
ROE(5y)5.75%
ROIC(3y)10.63%
ROIC(5y)7.42%
ROICexc(3y)12.85%
ROICexc(5y)8.91%
ROICexgc(3y)16.14%
ROICexgc(5y)11.32%
ROCE(3y)12.36%
ROCE(5y)8.63%
ROICexgc growth 3Y54.17%
ROICexgc growth 5Y49.51%
ROICexc growth 3Y59.59%
ROICexc growth 5Y50.79%
OM growth 3Y56.41%
OM growth 5Y46.65%
PM growth 3Y35.26%
PM growth 5YN/A
GM growth 3Y3.97%
GM growth 5Y2.39%
F-Score5
Asset Turnover0.85
Health
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 8.69
Debt/EBITDA 1.4
Cap/Depr 178.69%
Cap/Sales 14.97%
Interest Coverage 8.2
Cash Conversion 106.21%
Profit Quality 44.85%
Current Ratio 1.41
Quick Ratio 1.33
Altman-Z 2.2
F-Score5
WACC7.04%
ROIC/WACC1.16
Cap/Depr(3y)127.36%
Cap/Depr(5y)105.09%
Cap/Sales(3y)8.97%
Cap/Sales(5y)7.66%
Profit Quality(3y)43.4%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-50.73%
EPS 3Y50.88%
EPS 5YN/A
EPS Q2Q%-116.33%
EPS Next Y-80.74%
EPS Next 2Y-36.75%
EPS Next 3Y-18.72%
EPS Next 5Y-5.51%
Revenue 1Y (TTM)-7.57%
Revenue growth 3Y15.9%
Revenue growth 5Y6.88%
Sales Q2Q%-17.08%
Revenue Next Year-18.11%
Revenue Next 2Y-10.67%
Revenue Next 3Y-5.82%
Revenue Next 5Y-0.22%
EBIT growth 1Y-39.35%
EBIT growth 3Y81.27%
EBIT growth 5Y56.74%
EBIT Next Year-7.69%
EBIT Next 3Y6.09%
EBIT Next 5Y7.48%
FCF growth 1Y-19.88%
FCF growth 3Y135.26%
FCF growth 5Y40.42%
OCF growth 1Y80.72%
OCF growth 3Y64.77%
OCF growth 5Y29.6%

FUGRO NV / FUR.AS FAQ

Can you provide the ChartMill fundamental rating for FUGRO NV?

ChartMill assigns a fundamental rating of 5 / 10 to FUR.AS.


What is the valuation status of FUGRO NV (FUR.AS) stock?

ChartMill assigns a valuation rating of 6 / 10 to FUGRO NV (FUR.AS). This can be considered as Fairly Valued.


What is the profitability of FUR stock?

FUGRO NV (FUR.AS) has a profitability rating of 6 / 10.


What are the PE and PB ratios of FUGRO NV (FUR.AS) stock?

The Price/Earnings (PE) ratio for FUGRO NV (FUR.AS) is 8.81 and the Price/Book (PB) ratio is 0.91.


How financially healthy is FUGRO NV?

The financial health rating of FUGRO NV (FUR.AS) is 5 / 10.