FUGRF (Fugro NV) Altman Z-Score: 1.84 (As of Jun. 25, 2026) — Near Median


FUGRF Fugro NV FUGRF
61 GF Score
Price $13.63
GF Value $16.63
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Fugro NV Altman Z-Score?

Fugro NV FUGRF 61 Altman Z-Score is 1.84 as of Jun. 25, 2026, which is 1% above its 10-year median of 1.82. GuruFocus rates FUGRF with a GF Score™ of 61/100 and a GF Value™ of $16.63 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 897 Oil & Gas companies, Fugro NV ranks worse than 50.17% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 1.9 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Fugro NV has a Altman Z-Score of 1.84, indicating it is in Grey Zones. This implies that Fugro NV is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Fugro NV's Altman Z-Score or its related term are showing as below:

FUGRF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.56   Med: 1.82   Max: 2.88
Current: 1.9

During the past 13 years, Fugro NV's highest Altman Z-Score was 2.88. The lowest was 1.56. And the median was 1.82.


Fugro NV  (OTCPK:FUGRF) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Fugro NV Altman Z-Score Related Terms


Fugro NV Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fugro NV's Altman Z-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fugro NV Altman Z-Score Chart

Fugro NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 2.23 2.83 2.88 1.75

Fugro NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.83 0.00 2.88 0.00 1.75

FUGRF vs SLB, BKR, HAL: Altman Z-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Fugro NV's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fugro NV Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fugro NV's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Fugro NV's Altman Z-Score falls into.


FUGRF
61GF Score
Fugro NV FUGRF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Fugro NV Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Fugro NV's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0661+1.4*0.264+3.3*-0.014+0.6*1.0837+1.0*0.7871
=1.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was $2,749 Mil.
Total Current Assets was $878 Mil.
Total Current Liabilities was $696 Mil.
Retained Earnings was $726 Mil.
Pre-Tax Income was $-65 Mil.
Interest Expense was $-26 Mil.
Revenue was $2,164 Mil.
Market Cap (Today) was $1,291 Mil.
Total Liabilities was $1,191 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(878.232 - 696.491)/2749.395
=0.0661

X2=Retained Earnings/Total Assets
=725.84/2749.395
=0.264

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-64.566 - -26.121)/2749.395
=-0.014

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1290.922/1191.214
=1.0837

X5=Revenue/Total Assets
=2164.018/2749.395
=0.7871

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Fugro NV has a Altman Z-Score of 1.84 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.84 mean?
Fugro NV (FUGRF) has a Altman Z-Score of 1.84 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fugro NV and its competitors. This is near median its historical median of 1.82. Over the past decade, Fugro NV's Altman Z-Score has ranged from 1.56 to 2.88. According to the industry distribution chart, Fugro NV ranks #450 out of 897 companies in the Oil & Gas industry, placing it in the top 50.2%.
Is Fugro NV's Altman Z-Score too high?
Fugro NV's current Altman Z-Score of 1.84 is near median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 2.88. The Oil & Gas industry median Altman Z-Score is 1.91. Fugro NV's value of 1.84 is 3.7% below this industry median. Based on the distribution chart, Fugro NV ranks #450 out of 897 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Fugro NV has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fugro NV's Altman Z-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Fugro NV ranks #450 out of 897 companies for Altman Z-Score. This places Fugro NV in the lower half of its industry. The industry median Altman Z-Score is 1.91. Fugro NV's value of 1.84 is 3.7% below this benchmark. Historically, Fugro NV's own Altman Z-Score has ranged from 1.56 to 2.88 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.91, Fugro NV has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.91, based on 897 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fugro NV's current Altman Z-Score of 1.84 is 3.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fugro NV and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fugro NV's current Altman Z-Score is 1.84, which is near median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fugro NV stock overvalued right now?
Based on GuruFocus' analysis, Fugro NV (FUGRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.63, compared to a current price of $13.63 — trading 18% below its estimated fair value. The current Altman Z-Score is 1.84, which is near median its 10-year median of 1.82 and 3.7% below the Oil & Gas industry median of 1.91. Fugro NV's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Fugro NV (FUGRF), the current Altman Z-Score is 1.84 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fugro NV (FUGRF) Overvalued in 2026?

Based on GuruFocus' analysis, Fugro NV stock appears to be undervalued. The current stock price of $13.63 is trading 18% below its estimated GF Value™ of $16.63. GuruFocus considers Fugro NV to be Modestly Undervalued.

Key valuation signals for FUGRF:

  • Altman Z-Score: 1.84 (near median its 10-year median of 1.82)
  • GF Value™: $16.63 vs. price of $13.63 (18% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 3.7% below the Oil & Gas median (#450 of 897)

No single metric tells the full story. See the FUGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fugro NV Business Description

Industry EnergyOil & Gas
Address Prismastraat 3, PO Box 111, Nootdorp, ZH, NLD, 2630 AC
Fugro NV is a provider of geo-intelligence and asset integrity solutions for construction, infrastructure, and natural resources projects. The company collects geotechnical and survey data on onshore and offshore oil fields. The business activities of the group are carried out through the Marine and Land divisions. The company has four integrated regions: Europe-Africa (E-A), Americas (AM), Asia Pacific (APAC), and Middle East & India (MEI), out of which the majority of the revenue is derived from E-A. The company's business segments are Oil & Gas, Renewables, Infrastructure, and Water. Key revenue is generated from its customers in the Oil & Gas segment.
61GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.63
Price
$16.63
GF Value