ARCAD Stock Analysis: Arcadis | AS

Engineering & Construction | AS, Netherlands | Market Cap: 3.746m EUR | 12M Return: 9.2% | NL0006237562 | Charts, Fundamentals & Technical Analysis

Architecture, Engineering Design, Asset Management, Project Management
Total Rating 60
Safety 79
Buy Signal 1.03
Engineering & Construction
Industry Rotation: +3.5
Market Cap: 4.38B
Avg Turnover: 8.73M
Risk 3d forecast
Volatility31.2%
VaR 5th Pctl4.70%
VaR vs Median-6.67%
Reward TTM
Sharpe Ratio0.38
Rel. Str. IBD81.1
Rel. Str. Peer Group87.2
Character TTM
Beta0.715
Beta Downside0.761
Hurst Exponent0.525
Drawdowns 3y
Max DD60.02%
CAGR/Max DD0.06
CAGR/Mean DD0.15
EPS (Earnings per Share) EPS (Earnings per Share) of ARCAD over the last years for every Quarter: "2021-06": 0.8733, "2021-09": 0.45, "2021-12": 1.001, "2022-03": 0.51, "2022-06": 1.04, "2022-09": 0.53, "2022-12": 0.55, "2023-03": 0.59, "2023-06": 0.6, "2023-09": 0.6, "2023-12": 1.31, "2024-03": 1.04, "2024-06": 1.4, "2024-09": 0.67, "2024-12": 0.77, "2025-03": 0, "2025-06": 1.36, "2025-09": 0, "2025-12": 1.52, "2026-03": 0, "2026-06": null,
EPS CAGR: -1.02%
EPS Trend: -3.8%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of ARCAD over the last years for every Quarter: 2021-06: 1659.85, 2021-09: null, 2021-12: 1718.636, 2022-03: null, 2022-06: 1417.65, 2022-09: null, 2022-12: 1601.027, 2023-03: null, 2023-06: 1885.703, 2023-09: null, 2023-12: 2526, 2024-03: null, 2024-06: 2512, 2024-09: null, 2024-12: 2483, 2025-03: null, 2025-06: 2453, 2025-09: null, 2025-12: 2422, 2026-03: null, 2026-06: 2479,
Rev. CAGR: 2.40%
Rev. Trend: 45.8%
Last SUE: 2.80
Qual. Beats: 5

Warnings

No concerns identified

Tailwinds

Idiosyncratic Leader

Seasonality 11.6 years of data

Jan -2.9% 6
Feb +1.5% 16
Mar -1.1% 8
Apr -0.1% 7
May +2.4% 34
Jun -5.7% 37
Jul +6.2% 60
Aug +0.2% 0
Sep -2.1% 15
Oct -0.4% 2
Nov -2.7% 15
Dec +0.1% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: ARCAD Arcadis

Arcadis N.V. is a global design, engineering, architecture, and consultancy firm headquartered in Amsterdam, the Netherlands, with operations spanning the Americas, Europe, the Middle East, and Asia Pacific. Founded in 1888 and formerly known as Heidemij NV, the company organizes its activities across four reportable segments: Places, Mobility, Resilience, and Intelligence. Its service offering covers asset management, business advisory, cost and commercial management, design and engineering for infrastructure such as highways, railways, bridges, tunnels, and water utilities, as well as digital environmental, health, safety and sustainability (EHS) solutions, project management, mobility systems, climate and resilience advisory, and water supply and wastewater treatment services. As a member of the Construction & Engineering sub-industry within the Industrials sector, Arcadis operates on a project-based professional services model, typically generating revenue through long-term consultancy contracts with public sector clients, utilities, and private developers on natural and built-asset projects. Its broad international footprint and diversified end-market exposure are characteristic of large-scale European engineering consultancies, which compete on technical expertise rather than asset ownership.

Headlines to Watch Out For
  • US infrastructure bill fuels Americas segment revenue growth
  • Energy transition and climate adaptation projects expand Resilience order pipeline
  • Acquisition integration and wage inflation pressure operating margins
Piotroski VR-10 (Strict) 5.5
Net Income: 203.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.20 > 1.0
NWC/Revenue: 6.28% < 20% (prev 8.27%; Δ -1.98% < -1%)
CFO/TA 0.10 > 3% & CFO 375.0m > Net Income 203.0m
Net Debt (1.30b) to EBITDA (435.0m): 3.00 < 3
Current Ratio: 1.19 > 1.5 & < 3
Outstanding Shares: last quarter (85.4m) vs 12m ago -5.19% < -2%
Gross Margin: 15.20% > 18% (prev 17.93%; Δ -2.73% > 0.5%)
Asset Turnover: 127.4% > 50% (prev 128.0%; Δ -0.68% > 0%)
Interest Coverage Ratio: 3.49 > 6 (EBIT TTM 346.0m / Interest Expense TTM 99.0m)
Altman Z'' 2.28
A: 0.08 (Total Current Assets 1.91b - Total Current Liabilities 1.60b) / Total Assets 3.84b
B: 0.23 (Retained Earnings 887.0m / Total Assets 3.84b)
C: 0.09 (EBIT TTM 346.0m / Avg Total Assets 3.85b)
D: 0.38 (Book Value of Equity 1.05b / Total Liabilities 2.79b)
Altman-Z'' = 2.28 = BBB
Beneish M -2.82
DSRI: 1.06 (Receivables 1.47b/1.40b, Revenue 4.90b/4.94b)
GMI: 1.18 (GM 17.93% / 15.20%)
AQI: 1.02 (AQ_t 0.43 / AQ_t-1 0.42)
SGI: 0.99 (Revenue 4.90b / 4.94b)
TATA: -0.04 (NI 203.0m - CFO 375.0m) / TA 3.84b)
Beneish M = -2.82 (Cap -4..+1) = A
What is the price of ARCAD shares?

As of August 24, 2026, the stock is trading at EUR 43.62 with a total of 147,852 shares traded. Over the past week, the price has changed by +0.55%, over one month by +10.71%, over three months by +25.71% and over the past year by +9.21%.

Current recommended Stop Loss: 42.00 (which is 3.7% or 1.2 ATR below the current price).

Is ARCAD a buy, sell or hold?

Arcadis has no consensus analysts rating.

Arcadis (ARCAD) - Fundamental Data Overview as of 24 August 2026
Market Cap USD = 4.38b (3.75b EUR * 1.1683 EUR.USD)
P/E Trailing = 18.721
P/E Forward = 15.6006
P/S = 0.7642
P/B = 3.5503
P/EG = 2.9386
Revenue TTM = 4.90b EUR
EBIT TTM = 346.0m EUR
EBITDA TTM = 435.0m EUR
Long Term Debt = 610.0m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 291.0m EUR (from shortTermDebt, last quarter)
Debt = 1.58b EUR (from shortLongTermDebtTotal, last quarter) + Leases 252.0m
Net Debt = 1.30b EUR (calculated: Debt 1.58b - CCE 273.0m)
Enterprise Value = 5.05b EUR (3.75b + Debt 1.58b - CCE 273.0m)
Interest Coverage Ratio = 3.49 (Ebit TTM 346.0m / Interest Expense TTM 99.0m)
EV/FCF = 14.14x (Enterprise Value 5.05b / FCF TTM 357.0m)
FCF Yield = 7.07% (FCF TTM 357.0m / Enterprise Value 5.05b)
FCF Margin = 7.28% (FCF TTM 357.0m / Revenue TTM 4.90b)
Net Margin = 4.14% (Net Income TTM 203.0m / Revenue TTM 4.90b)
Gross Margin = 15.20% ((Revenue TTM 4.90b - Cost of Revenue TTM 4.16b) / Revenue TTM)
Gross Margin QoQ = 14.12% (prev 16.31%)
Tobins Q-Ratio = 1.31 (Enterprise Value 5.05b / Total Assets 3.84b)
Interest Expense / Debt = 6.28% (Interest Expense 99.0m / Debt 1.58b)
Taxrate = 25.09% (68.0m / 271.0m)
NOPAT = 259.2m (EBIT 346.0m * (1 - 25.09%))
Current Ratio = 1.19 (Total Current Assets 1.91b / Total Current Liabilities 1.60b)
Debt / Equity = 1.49 (Debt 1.58b / totalStockholderEquity, last quarter 1.05b)
Debt / EBITDA = 3.00 (Net Debt 1.30b / EBITDA 435.0m)
Debt / FCF = 3.65 (Net Debt 1.30b / FCF TTM 357.0m)
Total Stockholder Equity = 1.10b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.28% (Net Income 203.0m / Total Assets 3.84b)
RoE = 18.43% (Net Income TTM 203.0m / Total Stockholder Equity 1.10b)
RoCE = 20.22% (EBIT 346.0m / Capital Employed (Equity 1.10b + L.T.Debt 610.0m))
RoIC = 11.32% (NOPAT 259.2m / Invested Capital 2.29b)
WACC = 7.38% (E(3.75b)/V(5.32b) * Re(8.50%) + D(1.58b)/V(5.32b) * Rd(6.28%) * (1-Tc(0.25)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -50.70 | Cagr: -1.84%
[DCF] Terminal Value 77.88% ; FCFF base≈339.0m ; Y1≈386.7m ; Y5≈562.0m
[DCF] Fair Price = 83.44 (EV 8.47b - Net Debt 1.30b = Equity 7.16b / Shares 85.9m; r=8.35% [WACC [floored]]; 5y FCF grow 14.42% → 2.50% )
EPS Correlation: -3.82 | EPS CAGR: -1.02% | SUE: 0.0 | # QB: 0
Revenue Correlation: 45.85 | Revenue CAGR: 2.40% | SUE: 2.80 | # QB: 5
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=3.06 | Chg30d=-0.24% | Revisions=+30% | GrowthEPS=+14.1% | GrowthRev=+0.8%
EPS next Year (2027-12-31): EPS=3.69 | Chg30d=+2.59% | Revisions=+36% | GrowthEPS=+20.8% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +39% (up=11, down=4)