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Dutch geo-data company doing geotechnical and seabed surveys for offshore wind, oil & gas and infrastructure clients.
Dutch geo-data company doing geotechnical and seabed surveys for offshore wind, oil & gas and infrastructure clients.
Charges for surveys and site investigations under project contracts and vessel day rates, with offshore wind developers and oil and gas operators as the main buyers. It is moving work from crewed ships to uncrewed vessels steered from onshore control centers, which aims to cut the cost of each survey day.
In one line: World's largest geotechnical/geo-survey company for offshore energy.
Moat: narrow (installed base, process know-how, data). Specialized survey fleet, global subsurface data archive and technical expertise built over decades.
Headquarters: Leidschendam, Netherlands · Founded: 1962 · Employees: 9,847
Size Fugro (FUR.AS) is a Netherlands Industrials company (Engineering & Construction) with a market value of $1.06B, the 46th largest of 61 Netherlands companies the cockpit tracks. Shares closed at €8.48 on 6 Nov 2026.
Performance Over six months the shares fell 29.1%, against -23.1% for the median peer and +0.4% for the Netherlands market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 10.8% over the last twelve months (peer median +1.6%); the operating margin is 3.2% (peer median 7.4%).
Valuation It trades at 0.8× enterprise value to sales against a peer median of 1.1× (8th cheapest of 20).
Capital Return on invested capital runs 3.8 points below its cost of capital (6.3% WACC).
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.86B | €1.85B | €2.28B | €2.19B | €1.77B |
| Revenue growth | — | -19% | +4% | +24% | — |
| Gross profit | €249M | €370M | €680M | €574M | €348M |
| EBITDA | €243M | €236M | €464M | €388M | €198M |
| Net income | -€64.3M | -€20.5M | €274M | €255M | €74.1M |
| Free cash flow | -€10.5M | -€143M | €155M | €204M | €17.4M |
| Capital expenditure | €161M | €248M | €265M | €182M | €123M |
| Total debt | n/a | €476M | €416M | €442M | €422M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Fugro FUR.AS | $1.06B | -29% | -11% | 3% | 0.8× | n/a |
| Tgs TGS.OL | $2.73B | -13% | -30% | 12% | 2.4× | 5.5% |
| Viridien VIRI.PA | $763M | -16% | -14% | 11% | 1.6× | -2.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FUR.AS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +15.4% | -4.6% | 2nd highest of 21 |
| 6-month return | -29.1% | -23.1% | 6th lowest of 21 |
| Distance from 52-week high | -34.0% | -34.2% | 9th highest of 21 |
| Revenue growth (TTM) | -10.8% | +1.6% | 4th lowest of 21 |
| Operating margin | 3.2% | 7.4% | 4th lowest of 21 |
| EV / Sales | 0.8× | 1.1× | 8th cheapest of 20 |
| ROIC minus cost of capital | -3.8 pp | +0.6 pp | 5th lowest of 20 |
| EV / EBITDA | 5.9× | 12.8× | 4th cheapest of 9 |
| Net debt / EBITDA | 1.9× | 0.5× | most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fugro FUR.AS | Netherlands | $1.06B | -29% | -11% | 3% | 0.8× | n/a | n/a |
| Toa Corporation (Construction) 1885.T | Japan | $1.06B | -29% | +2% | 7% | 0.4× | -12.2% | +13.6% |
| HuaDian Heavy Industries 601226.SS | China | $1.04B | -32% | +18% | 2% | 0.7× | 18.2% | +3.2% |
| Anhui Construction Engineering 600502.SS | China | $1.07B | -23% | -4% | 6% | 1.4× | n/a | n/a |
| Chiyoda 6366.T | Japan | $1.07B | -35% | +16% | 17% | n/a | n/a | n/a |
| IRCON International IRCON.NS | India | $1.08B | -33% | -3% | 7% | 1.1× | n/a | n/a |
| thyssenkrupp nucera AG & Co. KGaA NCH2.DE | Germany | $1.09B | -13% | -42% | -13% | 0.7× | n/a | n/a |
| Jiangsu Libert 605167.SS | China | $1.02B | -24% | -29% | 8% | 3.2× | n/a | n/a |
| Guangzhou Metro Design & Research Institute 003013.SZ | China | $1.01B | +9% | -8% | 15% | 2.8× | n/a | n/a |
| Toenec 1946.T | Japan | $1.01B | -32% | +2% | 8% | 0.7× | -2.3% | +4.8% |
| Superloop SLC.AX | Australia | $1.01B | -19% | +22% | 5% | 2.4× | 28.0% | +47.3% |
| Rosetti Marino YRM.MI | Italy | $1.01B | -9% | +14% | 7% | 1.1× | n/a | n/a |
| East China Engineering Science and Technology 002140.SZ | China | $1,000M | -24% | +9% | 7% | 0.8× | 0.3% | +13.9% |
| Norbit NORBT.OL | Norway | $1.12B | -28% | +34% | 22% | 3.8× | -5.3% | +32.2% |
| Yurtec 1934.T | Japan | $998M | -8% | -2% | 8% | 0.5× | -6.2% | +5.1% |
| Acter Technology Integration 603163.SS | China | $997M | -32% | +1% | 11% | 2.1× | 18.6% | +22.2% |
| Welspun Enterprises WELENT.NS | India | $995M | +29% | +1% | 19% | 2.6× | n/a | n/a |
| IPARK Hyundai Development 294870.KS | South Korea | $1.12B | +4% | -13% | 11% | 0.4× | n/a | n/a |
| Decai Decoration 605287.SS | China | $1.12B | -3% | +17% | 5% | 2.5× | 25.3% | -5.4% |
| Jiangsu Zeyu Intelligent Electric Power 301179.SZ | China | $1.13B | -20% | +8% | 8% | 4.7× | 24.8% | +15.4% |
| Kanadevia 7004.T | Japan | $979M | -23% | +8% | 2% | 0.3× | n/a | n/a |