Why Fugro Is An Asymmetric Buy The Market Doesn't Understand

  • The market has mistakenly punished Fugro for temporary headwinds, creating a chance to buy a solid business at an exceptionally cheap price. Investors are overlooking a potential 20% FCF yield, which is currently masked by strategic growth spending. With a proven management team and multiple secular tailwinds, I believe Fugro has a clear path to generating higher cash flow growth.