(ARCAD) Arcadis - Overview
Stock: Design, Engineering, Consultancy, Architecture, Asset Management
Dividends
| Dividend Yield | 2.19% |
| Yield on Cost 5y | 3.52% |
| Yield CAGR 5y | 13.15% |
| Payout Consistency | 96.7% |
| Payout Ratio | 73.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.6% |
| Relative Tail Risk | -10.1% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.83 |
| Alpha | -34.17 |
| Character TTM | |
|---|---|
| Beta | 0.272 |
| Beta Downside | 0.459 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.41% |
| CAGR/Max DD | 0.03 |
Description: ARCAD Arcadis January 10, 2026
Arcadis N.V. (AS: ARCAD) is a Dutch-based, globally diversified design-and-engineering firm that delivers architecture, consultancy and asset-management services across the Americas, Europe, the Middle East and Asia-Pacific. Its operations are organized into four segments-Places, Mobility, Resilience and Intelligence-covering everything from highways, railways and water infrastructure to digital sustainability platforms and intelligent-transport solutions.
Key quantitative points (2023 FY, source: Arcadis annual report) that shape the company’s outlook: revenue of roughly €5.5 billion, an order backlog of about €6.5 billion (≈ 118 % of FY revenue), and an adjusted EBIT margin near 9 %. The business is heavily linked to macro-drivers such as the EU’s Green Deal (targeting €1 trillion in climate-related spending by 2030) and the U.S. Infrastructure Investment and Jobs Act, which together are expected to lift global infrastructure outlays by ~4 % CAGR through 2028. Arcadis’s digital-environmental and asset-management platforms have been growing at double-digit annual rates, reflecting a sector-wide shift toward data-driven lifecycle optimisation.
For a deeper, data-rich assessment of how Arcadis’s exposure to these trends translates into valuation risk and upside, you may find it worthwhile to explore the company’s profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 376.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 13.26 > 1.0 |
| NWC/Revenue: 4.66% < 20% (prev 8.69%; Δ -4.03% < -1%) |
| CFO/TA 0.17 > 3% & CFO 646.8m > Net Income 376.7m |
| Net Debt (1.05b) to EBITDA (894.4m): 1.17 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (90.0m) vs prev 0.21% < -2% |
| Gross Margin: 50.47% > 18% (prev -0.16%; Δ 5063 % > 0.5%) |
| Asset Turnover: 229.2% > 50% (prev 92.27%; Δ 136.9% > 0%) |
| Interest Coverage Ratio: 3.34 > 6 (EBITDA TTM 894.4m / Interest Expense TTM 191.5m) |
Altman Z'' 2.89
| A: 0.11 (Total Current Assets 1.93b - Total Current Liabilities 1.52b) / Total Assets 3.85b |
| B: 0.25 (Retained Earnings 946.0m / Total Assets 3.85b) |
| C: 0.17 (EBIT TTM 640.2m / Avg Total Assets 3.82b) |
| D: 0.26 (Book Value of Equity 710.0m / Total Liabilities 2.78b) |
| Altman-Z'' Score: 2.89 = A |
Beneish M -2.51
| DSRI: 0.41 (Receivables 1.40b/1.35b, Revenue 8.75b/3.49b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.98 (AQ_t 0.42 / AQ_t-1 0.43) |
| SGI: 2.51 (Revenue 8.75b / 3.49b) |
| TATA: -0.07 (NI 376.7m - CFO 646.8m) / TA 3.85b) |
| Beneish M-Score: -2.51 (Cap -4..+1) = A |
What is the price of ARCAD shares?
Over the past week, the price has changed by +1.85%, over one month by +5.88%, over three months by +5.82% and over the past year by -27.00%.
Is ARCAD a buy, sell or hold?
What are the forecasts/targets for the ARCAD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 53.2 | 38.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 38.5 | -0.1% |
ARCAD Fundamental Data Overview February 03, 2026
P/E Trailing = 14.0
P/E Forward = 11.0619
P/S = 0.6425
P/B = 2.9743
Revenue TTM = 8.75b EUR
EBIT TTM = 640.2m EUR
EBITDA TTM = 894.4m EUR
Long Term Debt = 933.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 269.0m EUR (from shortTermDebt, last quarter)
Debt = 1.38b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.05b EUR (from netDebt column, last quarter)
Enterprise Value = 4.22b EUR (3.17b + Debt 1.38b - CCE 327.0m)
Interest Coverage Ratio = 3.34 (Ebit TTM 640.2m / Interest Expense TTM 191.5m)
EV/FCF = 6.62x (Enterprise Value 4.22b / FCF TTM 637.7m)
FCF Yield = 15.11% (FCF TTM 637.7m / Enterprise Value 4.22b)
FCF Margin = 7.29% (FCF TTM 637.7m / Revenue TTM 8.75b)
Net Margin = 4.31% (Net Income TTM 376.7m / Revenue TTM 8.75b)
Gross Margin = 50.47% ((Revenue TTM 8.75b - Cost of Revenue TTM 4.33b) / Revenue TTM)
Gross Margin QoQ = 17.65% (prev none%)
Tobins Q-Ratio = 1.10 (Enterprise Value 4.22b / Total Assets 3.85b)
Interest Expense / Debt = 2.18% (Interest Expense 30.0m / Debt 1.38b)
Taxrate = 30.07% (23.0m / 76.5m)
NOPAT = 447.7m (EBIT 640.2m * (1 - 30.07%))
Current Ratio = 1.27 (Total Current Assets 1.93b / Total Current Liabilities 1.52b)
Debt / Equity = 1.27 (Debt 1.38b / totalStockholderEquity, last quarter 1.08b)
Debt / EBITDA = 1.17 (Net Debt 1.05b / EBITDA 894.4m)
Debt / FCF = 1.65 (Net Debt 1.05b / FCF TTM 637.7m)
Total Stockholder Equity = 1.13b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.87% (Net Income 376.7m / Total Assets 3.85b)
RoE = 33.38% (Net Income TTM 376.7m / Total Stockholder Equity 1.13b)
RoCE = 31.05% (EBIT 640.2m / Capital Employed (Equity 1.13b + L.T.Debt 933.0m))
RoIC = 21.29% (NOPAT 447.7m / Invested Capital 2.10b)
WACC = 5.29% (E(3.17b)/V(4.55b) * Re(6.92%) + D(1.38b)/V(4.55b) * Rd(2.18%) * (1-Tc(0.30)))
Discount Rate = 6.92% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.28%
[DCF Debug] Terminal Value 84.56% ; FCFF base≈432.1m ; Y1≈368.0m ; Y5≈282.6m
Fair Price DCF = 88.83 (EV 8.60b - Net Debt 1.05b = Equity 7.55b / Shares 85.0m; r=5.90% [WACC]; 5y FCF grow -18.01% → 2.90% )
EPS Correlation: -16.69 | EPS CAGR: -52.85% | SUE: -2.29 | # QB: 0
Revenue Correlation: 31.25 | Revenue CAGR: -9.20% | SUE: 0.34 | # QB: 0
EPS next Year (2026-12-31): EPS=3.49 | Chg30d=-0.035 | Revisions Net=+1 | Growth EPS=+15.9% | Growth Revenue=+3.5%