FUGRO NV (FUR.AS) Stock Fundamental Analysis

AMS:FUR • NL00150003E1

11.95 EUR
+0.24 (+2.05%)
Last: Feb 25, 2026, 05:13 PM
Fundamental Rating

5

FUR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 44 industry peers in the Construction & Engineering industry. FUR has an average financial health and profitability rating. FUR is valued correctly, 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.
  • FUR had a positive operating cash flow in the past year.
  • Of the past 5 years FUR 4 years were profitable.
  • FUR had a positive operating cash flow in each of the past 5 years.
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

  • FUR has a Return On Assets of 5.79%. This is in the better half of the industry: FUR outperforms 68.18% of its industry peers.
  • With a Return On Equity value of 10.70%, FUR is not doing good in the industry: 72.73% of the companies in the same industry are doing better.
  • FUR has a Return On Invested Capital (8.15%) which is comparable to the rest of the industry.
  • FUR had an Average Return On Invested Capital over the past 3 years of 10.63%. This is in line with the industry average of 11.83%.
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

  • The Profit Margin of FUR (6.83%) is better than 68.18% of its industry peers.
  • In the last couple of years the Profit Margin of FUR has grown nicely.
  • FUR has a Operating Margin (8.60%) which is in line with its industry peers.
  • FUR's Operating Margin has improved in the last couple of years.
  • FUR's Gross Margin of 67.89% is fine compared to the rest of the industry. FUR outperforms 77.27% of its industry peers.
  • FUR's Gross Margin has improved in the last couple of years.
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.
  • FUR has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for FUR has been increased compared to 5 years ago.
  • 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

  • FUR has an Altman-Z score of 2.26. This is not the best score and indicates that FUR is in the grey zone with still only limited risk for bankruptcy at the moment.
  • FUR has a Altman-Z score of 2.26. This is in the better half of the industry: FUR outperforms 61.36% of its industry peers.
  • The Debt to FCF ratio of FUR is 8.69, which is on the high side as it means it would take FUR, 8.69 years of fcf income to pay off all of its debts.
  • FUR has a Debt to FCF ratio (8.69) which is in line with its industry peers.
  • A Debt/Equity ratio of 0.37 indicates that FUR is not too dependend on debt financing.
  • FUR has a better Debt to Equity ratio (0.37) than 68.18% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 8.69
Altman-Z 2.26
ROIC/WACC1.15
WACC7.07%
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.
  • Looking at the Current ratio, with a value of 1.41, FUR is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
  • A Quick Ratio of 1.33 indicates that FUR should not have too much problems paying its short term obligations.
  • FUR's Quick ratio of 1.33 is fine compared to the rest of the industry. FUR outperforms 79.55% of its industry peers.
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

  • The earnings per share for FUR have decreased strongly by -50.73% in the last year.
  • FUR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 50.88% yearly.
  • Looking at the last year, FUR shows a decrease in Revenue. The Revenue has decreased by -7.57% in the last year.
  • Measured over the past years, FUR shows a small growth in Revenue. The Revenue has been growing by 6.88% on average per year.
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

  • FUR is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.51% yearly.
  • 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-17.2%
Revenue Next 2Y-10.57%
Revenue Next 3Y-5.89%
Revenue Next 5Y-0.22%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 9.80, which indicates a very decent valuation of FUR.
  • Based on the Price/Earnings ratio, FUR is valued cheaply inside the industry as 88.64% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.98, FUR is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 14.34, FUR is valued correctly.
  • The rest of the industry has a similar Price/Forward Earnings ratio as FUR.
  • FUR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.8
Fwd PE 14.34
FUR.AS Price Earnings VS Forward Price EarningsFUR.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • FUR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FUR is cheaper than 84.09% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as FUR.
Industry RankSector Rank
P/FCF 21.05
EV/EBITDA 4.95
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

  • FUR has a very decent profitability rating, which may justify a higher PE ratio.
  • FUR's earnings are expected to decrease with -18.72% in the coming years. This may justify a cheaper valuation.
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 3.40%. 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 2.40.
  • Compared to an average S&P500 Dividend Yield of 1.81, FUR pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.4%

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

  • 59.22% of the earnings are spent on dividend by FUR. This is a bit on the high side, but may be sustainable.
  • FUR's earnings are declining while the Dividend Rate has been growing. 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 (2/25/2026, 5:13:41 PM)

11.95

+0.24 (+2.05%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)10-31
Earnings (Next)02-27
Inst Owners47.23%
Inst Owner ChangeN/A
Ins Owners3.61%
Ins Owner ChangeN/A
Market Cap1.35B
Revenue(TTM)2.09B
Net Income(TTM)142.70M
Analysts50
Price Target10.39 (-13.05%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.4%
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)9.19%
PT rev (3m)-1.23%
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)0%
Revenue NY rev (3m)-1.19%
Valuation
Industry RankSector Rank
PE 9.8
Fwd PE 14.34
P/S 0.64
P/FCF 21.05
P/OCF 3.58
P/B 1.01
P/tB 1.29
EV/EBITDA 4.95
EPS(TTM)1.22
EY10.21%
EPS(NY)0.83
Fwd EY6.97%
FCF(TTM)0.57
FCFY4.75%
OCF(TTM)3.34
OCFY27.96%
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 2.26
F-Score5
WACC7.07%
ROIC/WACC1.15
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-17.2%
Revenue Next 2Y-10.57%
Revenue Next 3Y-5.89%
Revenue Next 5Y-0.22%
EBIT growth 1Y-39.35%
EBIT growth 3Y81.27%
EBIT growth 5Y56.74%
EBIT Next Year-6.86%
EBIT Next 3Y7.55%
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 5 / 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 9.8 and the Price/Book (PB) ratio is 1.01.


How financially healthy is FUGRO NV?

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