Fugro (ENXTAM:FUR) - Share price, News & Analysis

FUR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

FUR Stock Overview

Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries.

Rewards

Trading at 58.1% below our estimate of its fair value

Earnings are forecast to grow 29.97% per year

Became profitable this year

Risk Analysis

Volatile share price over the past 3 months

Fugro Competitors

Royal Boskalis Westminster

ENXTAM:BOKA

€4.3b

Arcadis

ENXTAM:ARCAD

€3.4b

CBRE Group

NYSE:CBRE

US$25.9b

China Railway Group

SHSE:601390

CN¥164.0b

Price History & Performance

Summary of all time highs, changes and price drops for Fugro
Historical stock prices
Current Share Price	€13.06
52 Week High	€13.53
52 Week Low	€6.29
Beta	0
1 Month Change	14.46%
3 Month Change	78.29%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	46.74%

Recent News & Updates

Apr 12

Fugro N.V.'s (AMS:FUR) Intrinsic Value Is Potentially 96% Above Its Share Price

Does the April share price for Fugro N.V. ( AMS:FUR ) reflect what it's really worth? Today, we will estimate the...

Mar 07

Fugro's (AMS:FUR) Solid Profits Have Weak Fundamentals

Fugro N.V. ( AMS:FUR ) announced strong profits, but the stock was stagnant. Our analysis suggests that this might be...

Shareholder Returns

	FUR	NL Construction	NL Market
7D	2.6%	-0.7%	1.6%
1Y	n/a	-7.4%	-15.2%

Return vs Industry: Insufficient data to determine how FUR performed against the Dutch Construction industry.

Return vs Market: Insufficient data to determine how FUR performed against the Dutch Market.

Price Volatility

Is FUR's price volatile compared to industry and market?
FUR volatility
FUR Average Weekly Movement	7.0%
Construction Industry Average Movement	7.3%
Market Average Movement	5.8%
10% most volatile stocks in NL Market	8.8%
10% least volatile stocks in NL Market	4.0%

Stable Share Price: FUR is more volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: FUR's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Dutch stocks.

About the Company

Founded	Employees	CEO	Website
1962	8,490	Mark Heine	https://www.fugro.com

Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries. It offers marine geo-consulting, marine geo-technics, geo-physical survey, metocean surveys, marine environmental, and hydrographic survey services. The company also provides geo-technical ground investigation, geological and geophysical survey, nearshore geotechnical site investigation, testing and monitoring, environmental site characterization and remediation, water consultancy services, and geo consulting services.

Fugro Fundamentals Summary

How do Fugro's earnings and revenue compare to its market cap?
FUR fundamental statistics
Market Cap	€1.28b
Earnings (TTM)	€59.64m
Revenue (TTM)	€1.46b

22.2x

P/E Ratio

0.9x

P/S Ratio

Is FUR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FUR income statement (TTM)
Revenue	€1.46b
Cost of Revenue	€1.10b
Gross Profit	€365.92m
Other Expenses	€306.28m
Earnings	€59.64m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 28, 2022

Earnings per share (EPS)	0.59
Gross Margin	25.03%
Net Profit Margin	4.08%
Debt/Equity Ratio	34.2%

How did FUR perform over the long term?

See historical performance and comparison

Valuation

Is Fugro undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: FUR (€13.06) is trading below our estimate of fair value (€31.18)

Significantly Below Fair Value: FUR is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: FUR is poor value based on its PE Ratio (22.2x) compared to the Dutch Construction industry average (21.4x).

PE vs Market: FUR is poor value based on its PE Ratio (22.2x) compared to the Dutch market (15.7x).

Price to Earnings Growth Ratio

PEG Ratio: FUR is good value based on its PEG Ratio (0.7x)

Price to Book Ratio

PB vs Industry: FUR's PB Ratio (1.6x) is in line with the NL Construction industry average.

Future Growth

How is Fugro forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

30.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FUR's forecast earnings growth (30% per year) is above the savings rate (0.09%).

Earnings vs Market: FUR's earnings (30% per year) are forecast to grow faster than the Dutch market (3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FUR's revenue (6.1% per year) is forecast to grow slower than the Dutch market (6.9% per year).

High Growth Revenue: FUR's revenue (6.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FUR's Return on Equity is forecast to be low in 3 years time (18.1%).

Past Performance

How has Fugro performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

56.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FUR has high quality earnings.

Growing Profit Margin: FUR became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: FUR has become profitable over the past 5 years, growing earnings by 56.3% per year.

Accelerating Growth: FUR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FUR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (23.3%).

Return on Equity

High ROE: FUR's Return on Equity (7.3%) is considered low.

Financial Health

How is Fugro's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: FUR's short term assets (€711.5M) exceed its short term liabilities (€595.2M).

Long Term Liabilities: FUR's short term assets (€711.5M) exceed its long term liabilities (€381.6M).

Debt to Equity History and Analysis

Debt Level: FUR's net debt to equity ratio (16.9%) is considered satisfactory.

Reducing Debt: FUR's debt to equity ratio has reduced from 58.9% to 34.2% over the past 5 years.

Debt Coverage: FUR's debt is well covered by operating cash flow (31%).

Interest Coverage: FUR's interest payments on its debt are not well covered by EBIT (1.4x coverage).

Balance Sheet

Dividend

What is Fugro current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

2.14%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate FUR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FUR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FUR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FUR's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FUR has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Capital Goods industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure

CEO

Mark Heine (48 yo)

7.08yrs

Tenure

€2,061,144

Compensation

Mr. Mark Rembold Frodo Heine, also known as Mark, serves as Chief Executive Officer and Chairman of the Board of Management of Fugro N.V. since October 1, 2018 and has been its Member of Management Board s...

CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD2.14M) is above average for companies of similar size in the Dutch market ($USD1.24M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: FUR's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Experienced Board: FUR's board of directors are considered experienced (4.6 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: FUR insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: FUR only recently listed within the past 12 months.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/16 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31