DEME Group NV

ENXTBR:DEME Voorraadrapport

Marktkapitalisatie: €4.1b

DEME Group Beheer

Beheer criteriumcontroles 2/4

Momenteel beschikken wij niet over voldoende informatie over de CEO.

Belangrijke informatie

Luc Vandenbulcke

Algemeen directeur

€2.6m

Totale compensatie

Percentage CEO-salaris21.20%
Dienstverband CEO7.5yrs
Eigendom CEOn/a
Management gemiddelde ambtstermijn5.5yrs
Gemiddelde ambtstermijn bestuur4.1yrs

Recente managementupdates

Recent updates

Narratiefupdate Jun 18

DEME: New Port And Offshore Contracts Will Support Long Term Upside

Analysts have raised their price target on DEME Group stock from €230 to €240, citing updated assumptions related to discount rates, revenue growth, profit margins and future P/E expectations. What’s in the News for DEME Group DEME has been awarded a contract by Navayuga Engineering Company Limited to carry out capital deepening works for the development of Ramayapatnam Port, a deep sea greenfield port in Andhra Pradesh, India, covering the harbor basin, turning circle and four berth pockets.
Narratiefupdate Jun 03

DEME: Brazil Port Concession And Offshore Wind Projects Will Support Outlook

Analysts have nudged their price target for DEME Group up slightly from about €219.29 to €221.75, reflecting updated assumptions for discount rate, revenue growth, profit margins and future P/E that leave their overall view broadly stable with only modest tweaks to the valuation inputs. What's in the News Q1 2026 order intake doubled, primarily driven by the Dredging & Infra segment, with a new 25-year concession for the Paranaguá port access channel in Brazil valued at over €300 million, according to recent company updates.
Narratiefupdate May 01

DEME: Long-Term Brazil Port Concession And Dividend Policy Will Support Steady Earnings Profile

Analysts have maintained their price target for DEME Group at €182.25. They explain this unchanged view by noting that only minor adjustments were made to assumptions for the discount rate, revenue growth, profit margin and future P/E multiple, which together do not materially alter their valuation framework.
Narratiefupdate Apr 17

DEME: Long-Term Port Contract And Dividend Policy Will Support Steady Earnings Profile

Narrative Update on DEME Group The analyst price target for DEME Group has been revised from €195.00 to €182.25 as analysts factor in updated assumptions that include a different discount rate, adjusted revenue growth expectations, a lower projected profit margin, and a higher future P/E multiple. What's in the News DEME has signed a 25-year concession contract with Brazil’s National Secretariat of Ports and National Waterway Transportation Agency, securing the port access channel concession for the Port of Paranaguá, Brazil’s second largest public port in the state of Paraná (Key Developments).
Narratiefupdate Apr 02

DEME: Long-Term Port And Offshore Wind Contracts Will Support Steady Earnings Profile

Analysts have raised their price target on DEME Group from €160 to €195, citing updated assumptions that combine a slightly lower discount rate with modest adjustments to revenue growth, profit margin and future P/E expectations. What's in the News DEME signed a 25-year concession contract with Brazil’s National Secretariat of Ports and the National Waterway Transportation Agency for the Port of Paranaguá access channel.
Narratiefupdate Mar 19

DEME: Offshore Wind Vessels And Brazil Port Concession Will Support Outlook

Analysts have raised their fair value estimate for DEME Group from €182.00 to approximately €219.29. The revision reflects updated assumptions related to revenue growth, profit margins, a slightly adjusted discount rate, and future P/E.
Narratiefupdate Mar 05

DEME: Offshore Wind And Marine Contracts Will Support Long Term Upside

Narrative Update: DEME Group Analyst Price Target The analyst price target for DEME Group is reaffirmed at €230. Analysts cite a slightly lower discount rate, higher revenue growth assumptions, and a higher future P/E multiple, partly balanced by more conservative profit margin expectations.
Narratiefupdate Feb 18

DEME: Offshore Wind And Marine Contracts Will Drive Long Term Upside

Analysts have adjusted their price target for DEME Group from €193.24 to €230.00, citing updated assumptions for revenue growth, profit margins, and future P/E, which result in a slightly lower discount rate in their models. What's in the News DEME has taken delivery of its second new wind turbine installation vessel, Norse Energi, at the CIMC Raffles Shipyard.
Analyse-artikel Feb 06

DEME Group NV's (EBR:DEME) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Despite an already strong run, DEME Group NV ( EBR:DEME ) shares have been powering on, with a gain of 26% in the last...
Narratiefupdate Feb 04

DEME: Offshore Wind And Marine Contracts Will Support Balanced Long-Term Outlook

Analysts have lifted their price target on DEME Group from €175.83 to €182.00, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that they view as better aligned with the company’s current outlook. What's in the News DEME has taken delivery of its second new wind turbine installation vessel, Norse Energi, built at CIMC Raffles Shipyard, to work alongside sister vessel Norse Wind on large scale offshore wind turbine projects (Key Developments).
Narratiefupdate Jan 21

DEME: New Offshore And Dredging Contracts Will Support Long Term Upside

Analysts now see DEME Group's fair value at €193.24, reduced from €200.00. This change reflects updated views on slightly lower revenue growth and profit margin expectations, together with a higher assumed discount rate and a higher future P/E multiple.
Narratiefupdate Jan 07

DEME: New Marine Contracts Will Support Stronger Long Term Earnings Profile

Analysts now set their fair value estimate for DEME Group at €160, up from €135, citing revised expectations for revenue growth, profit margins, a slightly adjusted discount rate, and a future P/E assumption. What's in the News DEME's Dredging & Infra segment secured two marine works contracts in Southern Europe, including offshore breakwaters and seabed remediation for the 38th America's Cup in Naples and long term beach nourishment works on three beaches near Valencia, focusing on environmental remediation and coastal protection (Client Announcements).
Narratiefupdate Dec 15

DEME: Global Offshore Contract Wins Will Drive Long-Term Upside Potential

Analysts have slightly reduced their price target on DEME Group by approximately EUR 1. This reflects a modestly lower fair value, despite marginally higher long term assumptions for revenue growth and profit margins, alongside a somewhat less demanding future earnings multiple.
Narratiefupdate Nov 29

DEME: New Offshore Contracts And Brazil Entry Will Drive Long-Term Upside

Analysts have adjusted their price target for DEME Group, maintaining it at €176.67. Recent assessments show only marginal changes in revenue growth and profit margin forecasts.
Analyse-artikel Nov 22

Lacklustre Performance Is Driving DEME Group NV's (EBR:DEME) Low P/E

When close to half the companies in Belgium have price-to-earnings ratios (or "P/E's") above 15x, you may consider DEME...
Narratiefupdate Nov 15

DEME: Expansion Into Brazil And Offshore Wind Will Drive Future Gains

Analysts have raised their price target for DEME Group from €170.71 to €176.67, citing updated financial projections and changes in key company metrics. What's in the News DEME secured Brazil's first concession for a port access channel, winning a 25-year contract to operate, maintain, and expand marine access to the Port of Parana (Key Developments).
Analyse-artikel Oct 10

DEME Group (EBR:DEME) Could Easily Take On More Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analyse-artikel Sep 07

We Think DEME Group's (EBR:DEME) Profit Is Only A Baseline For What They Can Achieve

Even though DEME Group NV's ( EBR:DEME ) recent earnings release was robust, the market didn't seem to notice. Our...
Narratiefupdate Aug 29

Expanding Offshore Wind Markets Will Modernize Fleets But Face Risks

Despite an improved revenue growth outlook and a notably lower future P/E, DEME Group’s consensus analyst price target has declined slightly to €170.71. Valuation Changes Summary of Valuation Changes for DEME Group The Consensus Analyst Price Target has fallen slightly from €174.29 to €170.71.
Analyse-artikel Jul 30

Investors Don't See Light At End Of DEME Group NV's (EBR:DEME) Tunnel

When close to half the companies in Belgium have price-to-earnings ratios (or "P/E's") above 16x, you may consider DEME...
Analyse-artikel Jun 28

DEME Group (EBR:DEME) Seems To Use Debt Rather Sparingly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analyse-artikel Apr 22

DEME Group (EBR:DEME) Is Increasing Its Dividend To €2.66

DEME Group NV ( EBR:DEME ) will increase its dividend from last year's comparable payment on the 30th of May to €2.66...
Analyse-artikel Apr 01

Unpleasant Surprises Could Be In Store For DEME Group NV's (EBR:DEME) Shares

With a median price-to-earnings (or "P/E") ratio of close to 13x in Belgium, you could be forgiven for feeling...
Analyse-artikel Mar 08

DEME Group's (EBR:DEME) Performance Is Even Better Than Its Earnings Suggest

DEME Group NV ( EBR:DEME ) recently posted some strong earnings, and the market responded positively. Our analysis...
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Nieuw narratief Mar 02

Advanced Fleet Expansion Will Boost Future Offshore Energy Efficiency

DEME's strong order book and technological investments in Offshore Energy suggest continued revenue growth, stability, and enhanced profitability margins.
Analyse-artikel Mar 01

DEME Group NV (EBR:DEME) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Investors in DEME Group NV ( EBR:DEME ) had a good week, as its shares rose 3.4% to close at €134 following the release...
Analyse-artikel Feb 22

DEME Group (EBR:DEME) Shareholders Will Want The ROCE Trajectory To Continue

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analyse-artikel Jan 26

Is Now An Opportune Moment To Examine DEME Group NV (EBR:DEME)?

DEME Group NV ( EBR:DEME ), is not the largest company out there, but it received a lot of attention from a substantial...
Analyse-artikel Dec 14

Is DEME Group NV (EBR:DEME) Trading At A 46% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, DEME Group fair value estimate is €264 DEME Group's €142 share...
Analyse-artikel Nov 08

The Return Trends At DEME Group (EBR:DEME) Look Promising

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analyse-artikel Oct 18

These 4 Measures Indicate That DEME Group (EBR:DEME) Is Using Debt Safely

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analyse-artikel Sep 27

Is DEME Group NV (EBR:DEME) Potentially Undervalued?

While DEME Group NV ( EBR:DEME ) might not have the largest market cap around , it received a lot of attention from a...
Analyse-artikel Sep 06

We Think DEME Group's (EBR:DEME) Robust Earnings Are Conservative

DEME Group NV's ( EBR:DEME ) earnings announcement last week was disappointing for investors, despite the decent profit...
Analyse-artikel Sep 01

Earnings Beat: DEME Group NV Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

As you might know, DEME Group NV ( EBR:DEME ) just kicked off its latest half-yearly results with some very strong...
Analyse-artikel Jul 25

DEME Group NV (EBR:DEME) Not Lagging Market On Growth Or Pricing

When close to half the companies in Belgium have price-to-earnings ratios (or "P/E's") below 15x, you may consider DEME...
Analyse-artikel Jul 04

DEME Group NV's (EBR:DEME) Intrinsic Value Is Potentially 85% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, DEME Group fair value estimate is €308 Current share price of...
Analyse-artikel Jun 11

The Returns At DEME Group (EBR:DEME) Aren't Growing

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analyse-artikel Apr 24

We Think DEME Group (EBR:DEME) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analyse-artikel Mar 20

Market Participants Recognise DEME Group NV's (EBR:DEME) Earnings Pushing Shares 26% Higher

Despite an already strong run, DEME Group NV ( EBR:DEME ) shares have been powering on, with a gain of 26% in the last...
Analyse-artikel Mar 03

Results: DEME Group NV Beat Earnings Expectations And Analysts Now Have New Forecasts

A week ago, DEME Group NV ( EBR:DEME ) came out with a strong set of full-year numbers that could potentially lead to a...
Analyse-artikel Feb 24

DEME Group (EBR:DEME) Will Be Hoping To Turn Its Returns On Capital Around

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analyse-artikel Dec 03

Is There An Opportunity With DEME Group NV's (EBR:DEME) 45% Undervaluation?

Key Insights DEME Group's estimated fair value is €181 based on 2 Stage Free Cash Flow to Equity DEME Group is...
Analyse-artikel Aug 24

DEME Group (EBR:DEME) Will Be Hoping To Turn Its Returns On Capital Around

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analyse-artikel Jul 19

Estimating The Intrinsic Value Of DEME Group NV (EBR:DEME)

Key Insights Using the 2 Stage Free Cash Flow to Equity, DEME Group fair value estimate is €149 DEME Group's €120 share...
Analyse-artikel Jun 21

Investors Continue Waiting On Sidelines For DEME Group NV (EBR:DEME)

There wouldn't be many who think DEME Group NV's ( EBR:DEME ) price-to-sales (or "P/S") ratio of 1.2x is worth a...
Analyse-artikel Jan 05

A Look At The Fair Value Of DEME Group NV (EBR:DEME)

In this article we are going to estimate the intrinsic value of DEME Group NV ( EBR:DEME ) by taking the expected...

Analyse CEO-vergoeding

Hoe is Luc Vandenbulcke's beloning veranderd ten opzichte van DEME Group's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Dec 31 2025€3m€553k

€346m

Sep 30 2025n/an/a

€336m

Jun 30 2025n/an/a

€326m

Mar 31 2025n/an/a

€307m

Dec 31 2024€2m€537k

€288m

Sep 30 2024n/an/a

€281m

Jun 30 2024n/an/a

€274m

Mar 31 2024n/an/a

€218m

Dec 31 2023€2mn/a

€163m

Sep 30 2023n/an/a

€133m

Jun 30 2023n/an/a

€103m

Mar 31 2023n/an/a

€108m

Dec 31 2022€2m€343k

€113m

Compensatie versus markt: De totale vergoeding ($USD 2.99M ) Luc } ligt boven het gemiddelde voor bedrijven van vergelijkbare omvang in de Belgian markt ($USD 1.37M ).

Compensatie versus inkomsten: De vergoeding van Luc is het afgelopen jaar met meer dan 20% gestegen.


CEO

Luc Vandenbulcke (55 yo)

7.5yrs
Tenure
€2,609,000
Compensatie

Mr. Luc Vandenbulcke serves as Chief Executive Officer at DEME Group NV since January 01, 2019. He serves as Executive Director of DEME Group NV since June 29, 2022. He serves as Director at Deme Coordinat...


Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Luc Vandenbulcke
CEO & Executive Director7.5yrs€2.61mgeen gegevens
Stijn Gaytant
Chief Financial Officer2.2yrsgeen gegevensgeen gegevens
Eric Tancré
Managing Director of Dredging & Infra7.5yrsgeen gegevensgeen gegevens
Hugo Bouvy
Managing Director of Offshore Energy7.5yrsgeen gegevensgeen gegevens
Christopher Iwens
Managing Director of Dredging3.5yrsgeen gegevensgeen gegevens
Bart Poorter
Chief Technology Officerno datageen gegevensgeen gegevens
Carl Bussche
General Manager of Investor Relations2.5yrsgeen gegevensgeen gegevens
Sofie Verlinden
Chief Legal Officer & Company Secretaryno datageen gegevensgeen gegevens
Frederic Dryhoel
Director of Communicationsno datageen gegevensgeen gegevens
Hans Casier
Chief Human Resources Officerno datageen gegevensgeen gegevens
Dirk Poppe
Area Director of Asia Pacific & MD of Environmentalno datageen gegevensgeen gegevens
Jiska Verhulst
Sustainability Directorno datageen gegevensgeen gegevens
5.5yrs
Gemiddelde duur
56yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van DEME is doorgewinterd en ervaren (gemiddelde ambtstermijn van 5.5 jaar).


Bestuursleden

NaamPositieTenureCompensatieEigendom
Luc Vandenbulcke
CEO & Executive Director4.1yrs€2.61mgeen gegevens
Piet Dejonghe
Non-Executive Director9.8yrs€70.00kgeen gegevens
Tom Bamelis
Non-Executive Director4.1yrs€92.50kgeen gegevens
Christian Labeyrie
Non-Executive Director4.1yrs€87.50kgeen gegevens
Koen Janssen
Non-Executive Director4.1yrs€87.50kgeen gegevens
John-Eric Fernand Pascal Bertrand
Non-Executive Director9.8yrs€70.00kgeen gegevens
Leen Geirnaerdt
Independent Director4.1yrs€87.50kgeen gegevens
Gaelle Hotellier
Independent Director2.5yrs€80.00kgeen gegevens
Karena Cancilleri
Independent Director3.2yrs€77.50kgeen gegevens
Marieke Schoningh
Independent Director2.5yrs€90.00kgeen gegevens
4.1yrs
Gemiddelde duur
57.5yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van DEME wordt beschouwd als ervaren (gemiddelde ambtstermijn 4.1 jaar).


Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/07/30 22:24
Aandelenkoers aan het einde van de dag2026/07/30 00:00
Inkomsten2025/12/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

DEME Group NV wordt gevolgd door 7 analisten. 6 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Christoph GreulichBerenberg
Luuk Van BeekDegroof Petercam
Tijs HollestelleING Groep NV