FDR Stock Analysis: Fluidra | MC
Leisure | MC, Spain | Market Cap: 3.585m EUR | 12M Return: -17.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.05M
EPS Trend: 95.3%
Qual. Beats: 0
Rev. Trend: 87.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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.
Fluidra, S.A. (MC: FDR) is a Spanish industrial company that designs, manufactures, distributes, and markets equipment and accessories for swimming pools, water treatment, irrigation, and fluid handling worldwide. Its product range spans basic pool equipment (pumps, filters, heaters, valves, lights), specialized equipment (robotic cleaners, pool covers, slides, connected products), water quality systems (salt chlorinators, UV disinfection, pH regulators, chemicals), and components for fluid handling and industrial use. The company also serves public and commercial aquatic facilities such as hotel pools, water parks, municipal pools, and aquariums, and offers wellness products including saunas and steam baths. It markets under a broad portfolio of brands including AstralPool, Zodiac, Jandy, Polaris, Gre, Cepex, S.R. Smith, and Piscine Laghetto. Founded in 1969 and headquartered in Sant Cugat del Vallès, Spain, Fluidra is classified within the Industrials sector (Industrial Machinery & Supplies & Components).
The pool equipment industry is highly seasonal, with demand concentrated in the Northern Hemisphere spring and summer months, and operates through a mix of professional (pool builder/installer) and retail distribution channels. Fluidras business model is built on a multi-brand portfolio strategy, combining global brands with numerous acquired regional brands to cover different price points, geographies, and product categories.
- US residential pool installations decline amid housing market slowdown
- Aftermarket maintenance revenue grows with expanding installed base
- Raw material costs continue pressuring pool equipment margins
| Net Income: 174.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 1.30 > 1.0 |
| NWC/Revenue: 18.54% < 20% (prev 20.08%; Δ -1.54% < -1%) |
| CFO/TA 0.09 > 3% & CFO 342.6m > Net Income 174.3m |
| Net Debt (1.29b) to EBITDA (872.0m): 1.48 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (189.9m) vs 12m ago 0.03% < -2% |
| Gross Margin: 31.07% > 18% (prev 52.25%; Δ -21.18% > 0.5%) |
| Asset Turnover: 58.57% > 50% (prev 57.47%; Δ 1.11% > 0%) |
| Interest Coverage Ratio: 12.70 > 6 (EBIT TTM 710.0m / Interest Expense TTM 55.9m) |
| A: 0.11 (Total Current Assets 1.10b - Total Current Liabilities 697.0m) / Total Assets 3.73b |
| B: 0.10 (Retained Earnings 380.0m / Total Assets 3.73b) |
| C: 0.19 (EBIT TTM 710.0m / Avg Total Assets 3.75b) |
| D: 0.81 (Book Value of Equity 1.66b / Total Liabilities 2.06b) |
| Altman-Z'' = 3.17 = A |
| DSRI: 0.95 (Receivables 512.0m/529.7m, Revenue 2.20b/2.16b) |
| GMI: 1.68 (GM 52.25% / 31.07%) |
| AQI: 0.99 (AQ_t 0.60 / AQ_t-1 0.61) |
| SGI: 1.01 (Revenue 2.20b / 2.16b) |
| TATA: -0.05 (NI 174.3m - CFO 342.6m) / TA 3.73b) |
| Beneish M = -2.45 (Cap -4..+1) = BBB |
As of July 16, 2026, the stock is trading at EUR 18.09 with a total of 856,121 shares traded. Over the past week, the price has changed by -1.76%, over one month by -4.82%, over three months by -10.88% and over the past year by -17.65%.
Current recommended Stop Loss: 17.50 (which is 3.3% or 1.3 ATR below the current price).
Fluidra has no consensus analysts rating.
P/E Trailing = 20.3011
P/E Forward = 9.7371
P/S = 1.5936
P/B = 2.238
P/EG = 0.6412
Revenue TTM = 2.20b EUR
EBIT TTM = 710.0m EUR
EBITDA TTM = 872.0m EUR
Long Term Debt = 1.03b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 129.0m EUR (from shortTermDebt, last quarter)
Debt = 1.35b EUR (from shortLongTermDebtTotal, last quarter) + Leases 182.5m
Net Debt = 1.29b EUR (calculated: Debt 1.35b - CCE 66.0m)
Enterprise Value = 4.87b EUR (3.59b + Debt 1.35b - CCE 66.0m)
Interest Coverage Ratio = 12.70 (Ebit TTM 710.0m / Interest Expense TTM 55.9m)
EV/FCF = 16.13x (Enterprise Value 4.87b / FCF TTM 302.1m)
FCF Yield = 6.20% (FCF TTM 302.1m / Enterprise Value 4.87b)
FCF Margin = 13.76% (FCF TTM 302.1m / Revenue TTM 2.20b)
Net Margin = 7.94% (Net Income TTM 174.3m / Revenue TTM 2.20b)
Gross Margin = 31.07% ((Revenue TTM 2.20b - Cost of Revenue TTM 1.51b) / Revenue TTM)
Gross Margin QoQ = 50.18% (prev -48.39%)
Tobins Q-Ratio = 1.31 (Enterprise Value 4.87b / Total Assets 3.73b)
Interest Expense / Debt = 4.13% (Interest Expense 55.9m / Debt 1.35b)
Taxrate = 26.34% (62.9m / 238.9m)
NOPAT = 523.0m (EBIT 710.0m * (1 - 26.34%))
Current Ratio = 1.58 (Total Current Assets 1.10b / Total Current Liabilities 697.0m)
Debt / Equity = 0.82 (Debt 1.35b / totalStockholderEquity, last quarter 1.66b)
Debt / EBITDA = 1.48 (Net Debt 1.29b / EBITDA 872.0m)
Debt / FCF = 4.26 (Net Debt 1.29b / FCF TTM 302.1m)
Total Stockholder Equity = 1.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.65% (Net Income 174.3m / Total Assets 3.73b)
RoE = 10.94% (Net Income TTM 174.3m / Total Stockholder Equity 1.59b)
RoCE = 27.06% (EBIT 710.0m / Capital Employed (Equity 1.59b + L.T.Debt 1.03b))
RoIC = 16.89% (NOPAT 523.0m / Invested Capital 3.10b)
WACC = 6.67% (E(3.59b)/V(4.94b) * Re(8.04%) + D(1.35b)/V(4.94b) * Rd(4.13%) * (1-Tc(0.26)))
Discount Rate = 8.04% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.53 | Cagr: 0.02%
[DCF] Terminal Value 77.97% ; FCFF base≈283.7m ; Y1≈325.2m ; Y5≈478.6m
[DCF] Fair Price = 31.14 (EV 7.20b - Net Debt 1.29b = Equity 5.91b / Shares 189.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.34 | EPS CAGR: 13.30% | SUE: -0.46 | # QB: 0
Revenue Correlation: 86.95 | Revenue CAGR: 2.20% | SUE: -0.43 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.50 | Chg30d=+4.44% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.28 | Chg30d=-3.74% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.31 | Chg30d=-0.49% | Revisions=+0% | GrowthEPS=+0.6% | GrowthRev=+3.9%
EPS next Year (2027-12-31): EPS=1.52 | Chg30d=-2.03% | Revisions=-25% | GrowthEPS=+16.3% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: -50% (up=0, down=3)