FUR Stock Analysis: Fugro | AS
Oil & Gas Equipment & Services | AS, Netherlands | Market Cap: 839m EUR | 12M Return: -16% | NL00150003E1 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.59M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
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.
Fugro N.V. is a Netherlands-based geo-data services provider operating across Europe, Africa, the Americas, Asia Pacific, the Middle East, and India for clients in the infrastructure, energy, and water industries. Its offerings span marine and land site characterization, geophysical and geotechnical surveys, geo-consulting, real-time weather and environmental monitoring, and asset integrity solutions for offshore energy infrastructure, including positioning, ROV, and inspection services. The company was incorporated in 1962 and is headquartered in Nootdorp.
Within the GICS Oil & Gas Equipment & Services sub-industry, Fugros business model combines project-based site characterization work with subscription-based monitoring and asset integrity services, providing recurring revenue alongside its offshore energy installation support. Its services are integral to the lifecycle of offshore energy and infrastructure assets, from initial site assessment through construction support and ongoing inspection.
- Offshore wind survey demand drives marine backlog growth
- Oil and gas E&P capex recovery supports utilization and pricing
- Subscription-based digital geo-data platform expands recurring revenue
| Net Income: -64.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -3.35 > 1.0 |
| NWC/Revenue: 12.59% < 20% (prev 11.11%; Δ 1.48% < -1%) |
| CFO/TA 0.06 > 3% & CFO 150.1m > Net Income -64.2m |
| Net Debt (710.2m) to EBITDA (242.8m): 2.93 < 3 |
| Current Ratio: 1.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (111.3m) vs 12m ago -3.02% < -2% |
| Gross Margin: 13.35% > 18% (prev 55.19%; Δ -41.84% > 0.5%) |
| Asset Turnover: 76.53% > 50% (prev 84.73%; Δ -8.20% > 0%) |
| Interest Coverage Ratio: 2.24 > 6 (EBIT TTM 59.8m / Interest Expense TTM 26.7m) |
| A: 0.10 (Total Current Assets 827.4m - Total Current Liabilities 592.8m) / Total Assets 2.41b |
| B: 0.22 (Retained Earnings 536.9m / Total Assets 2.41b) |
| C: 0.02 (EBIT TTM 59.8m / Avg Total Assets 2.44b) |
| D: 1.13 (Book Value of Equity 1.27b / Total Liabilities 1.12b) |
| Altman-Z'' = 2.72 = A |
| DSRI: 1.16 (Receivables 658.5m/637.7m, Revenue 1.86b/2.09b) |
| GMI: 4.13 (GM 55.19% / 13.35%) |
| AQI: 0.94 (AQ_t 0.20 / AQ_t-1 0.22) |
| SGI: 0.89 (Revenue 1.86b / 2.09b) |
| TATA: -0.09 (NI -64.2m - CFO 150.1m) / TA 2.41b) |
| Beneish M = -0.18 (Cap -4..+1) = D |
As of October 13, 2026, the stock is trading at EUR 7.47 with a total of 198,661 shares traded. Over the past week, the price has changed by -4.23%, over one month by -7.26%, over three months by -21.49% and over the past year by -15.97%.
Current recommended Stop Loss: 7.10 (which is 5% or 1.7 ATR below the current price).
Fugro has no consensus analysts rating.
P/E Forward = 18.9753
P/S = 0.4501
P/B = 0.7162
P/EG = 1.4189
Revenue TTM = 1.86b EUR
EBIT TTM = 59.8m EUR
EBITDA TTM = 242.8m EUR
Long Term Debt = 305.6m EUR (from longTermDebt, last quarter)
Short Term Debt = 114.5m EUR (from shortTermDebt, last quarter)
Debt = 829.4m EUR (from shortLongTermDebtTotal, last quarter) + Leases 237.0m
Net Debt = 710.2m EUR (calculated: Debt 829.4m - CCE 119.2m)
Enterprise Value = 1.55b EUR (838.9m + Debt 829.4m - CCE 119.2m)
Interest Coverage Ratio = 2.24 (Ebit TTM 59.8m / Interest Expense TTM 26.7m)
EV/FCF = -147.5x (Enterprise Value 1.55b / FCF TTM -10.5m)
FCF Yield = -0.68% (FCF TTM -10.5m / Enterprise Value 1.55b)
FCF Margin = -0.56% (FCF TTM -10.5m / Revenue TTM 1.86b)
Net Margin = -3.44% (Net Income TTM -64.2m / Revenue TTM 1.86b)
Gross Margin = 13.35% ((Revenue TTM 1.86b - Cost of Revenue TTM 1.62b) / Revenue TTM)
Gross Margin QoQ = 11.36% (prev 15.29%)
Tobins Q-Ratio = 0.64 (Enterprise Value 1.55b / Total Assets 2.41b)
Interest Expense / Debt = 3.22% (Interest Expense 26.7m / Debt 829.4m)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 44.9m (EBIT 59.8m * (1 - 25.00%))
Current Ratio = 1.40 (Total Current Assets 827.4m / Total Current Liabilities 592.8m)
Debt / Equity = 0.65 (Debt 829.4m / totalStockholderEquity, last quarter 1.27b)
Debt / EBITDA = 2.93 (Net Debt 710.2m / EBITDA 242.8m)
Debt / FCF = -67.64 (negative FCF - burning cash) (Net Debt 710.2m / FCF TTM -10.5m)
Total Stockholder Equity = 1.35b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.64% (Net Income -64.2m / Total Assets 2.41b)
RoE = -4.74% (Net Income TTM -64.2m / Total Stockholder Equity 1.35b)
RoCE = 3.60% (EBIT 59.8m / Capital Employed (Equity 1.35b + L.T.Debt 305.6m))
RoIC = 2.45% (NOPAT 44.9m / Invested Capital 1.83b)
WACC = 5.10% (E(838.9m)/V(1.67b) * Re(7.75%) + D(829.4m)/V(1.67b) * Rd(3.22%) * (1-Tc(0.25)))
Discount Rate = 7.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 38.61 | Cagr: -0.20%
[DCF] Fair Price = unknown (Cash Flow -10.5m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: -18.45 | Revenue CAGR: -2.17% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.71 | Chg30d=+0.00% | Revisions=-50% | GrowthEPS=+243.9% | GrowthRev=-1.7%
EPS next Year (2027-12-31): EPS=1.03 | Chg30d=+0.00% | Revisions=-17% | GrowthEPS=+43.9% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: -44% (up=1, down=5)