EN DE

Brunel International N.V (BRNL) Fair Value & Analysis

Industrials · NL · Market cap €355M

BI Brunel International N.V BRNL · AS
Price€7.37
Fair Value€2.45
Upside-66.8%
Quality58/100
Watch Brunel International N.V for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 0.3% net margin
Low debt · generates free cash flow
0.85% dividend yield
Trails peers (1/15)
Narrow moat 24/100
Evidence: High Range €1.62 – €2.45 Share as image

Fair value as of: Jul 15, 2026

From 25 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from €3.57 to €2.45 (−31.4%) since Jun 24, 2026. Share price +6.8% over the past month.

A solid business, but screening 67% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€2.45). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

€11.52 €5.91 Fair Value €2.45 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range €5.91 – €11.52 · fair‑value band €1.62 – €2.45 · the €7.37 price screens above the €2.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Brunel International N.V (BRNL) currently trades at €7.37, while our model-based Fair Value estimate is €2.45, implying the stock looks roughly 66.8% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Brunel International N.V generated revenue of €1.2B at a net margin of 0.3%. Revenue declined 10.2% year over year. It earns a return on equity of 1.6%. Net debt stands at €43.9M. Fundamentals as of Jul 15, 2026

Our scenario range runs from €1.62 (bear case) to €2.45 (bull case); at €7.37, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 23% fair-value upside, at -67%, BRNL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF €5.66 €7.27 €9.18 80
Residual Income €3.48 €3.23 €2.19 76
Rev-Margin DCF €4.38 €5.98 €7.75 74
All 25 models by family
DCF Models
FCF DCF €5.58 €7.36 €9.58 38
Owner Earnings €5.64 €7.44 €9.69 31
5Y Revenue Exit €4.38 €5.90 €7.74 39
5Y EBITDA Exit €7.10 €10.77 €14.88 41
5Y P/E Exit €3.16 €3.73 €4.26 38
10Y Revenue Exit €4.77 €6.15 €7.80 36
10Y EBITDA Exit €6.40 €9.16 €12.58 37
10Y P/E Exit €4.14 €4.80 €5.47 35
Earnings-Based
Graham-Dodd €0.4100 €1.00 €1.30 54
PEG = 1.0 €0.1800 €0.2600 €0.3300 46
EPV €2.14 €2.35 €2.52 59
Dividend Discount
Gordon GGM €4.30 €6.95 €9.68 70
DDM Multi-Stage €4.30 €6.08 €7.77 61
Multiples
P/E Multiple €0.9600 €1.27 €1.59 63
P/S Multiple €0.7700 €1.03 €1.29 58
P/B Multiple €0.7700 €1.03 €1.29 55
EV/EBIT €4.98 €6.43 €7.88 53
EV/EBITDA €9.27 €12.16 €15.05 54
EV/Revenue €3.73 €5.06 €6.40 43
Asset-Based
NCAV (Graham) €2.67 €3.58 €5.35 50
Growth DCF
Growth DCF €5.66 €7.27 €9.18 80
Rev-Margin DCF €4.38 €5.98 €7.75 74
Economic Profit
Residual Income €3.48 €3.23 €2.19 76
ROIC Compounder €2.14 €2.35 €2.52 72
Growth Earnings
Growth-Adj P/E €0.7300 €1.04 €1.36 68

Widest divergence: DCF Models (€6.15) versus Earnings-Based (€1.00). Highest evidence: Growth DCF (80).

Notify me when BRNL reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) €1.2B
Revenue growth (YoY) -10.2%
Net margin 0.3%
Return on equity 1.6%
Free cash flow €28.0M FY2025
P/E ratio 119.3
More key figures
Operating margin 1.4%
EPS (TTM) €0.0600
Dividend yield 0.8%
EPS growth (YoY) -82.8%
Net debt €43.9M FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 59 · Market factors (momentum, volatility) 51

Profitability 44
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Brunel International N.V. provides secondment, project management, recruitment, and consultancy services in the Netherlands, Germany, Austria, Switzerland, the Czech Republic, Australasia, the Middle East, India, rest of Asia, the Americas, and internationally.

Full company description

Brunel International N.V. provides secondment, project management, recruitment, and consultancy services in the Netherlands, Germany, Austria, Switzerland, the Czech Republic, Australasia, the Middle East, India, rest of Asia, the Americas, and internationally. The company offers project and consulting solutions, such as project performance management, project risk assurance, third party vendor inspection, commissioning and startup, operational readiness and assurance, and project management offices. It also provides workforce solutions, including contract and permanent hire, recruitment process outsourcing, executive search, staff secondment, training courses, employee and contractor care, and market intelligence and benchmarking services; and global mobility solutions comprising mobility and relocation, employer of record, business/country startup support, immigration, destination assistance, medical and emergency repatriation, risk and security management, and mobilization/demobilization and rotation services, as well as travel, logistics, and accommodation services. The company serves life sciences, renewable energy, conventional energy, infrastructure, industrials and technology, future mobility, financial services, and mining industries, as well as public sectors. Brunel International N.V. was incorporated in 1975 and is headquartered in Amsterdam, the Netherlands.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Brunel International N.V reported revenue of €1.2B in FY2025 versus €900M in FY2021, a compound +7.9%/yr. Reported net income was €3.1M in FY2025, compounding −44.0%/yr from FY2021.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€1.2B
Latest YoY
−10.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.4%
Avg. growth/yr (23Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.1%
Revenue +7.9%/yr
FY21 €900M
FY22 €1.2B
FY23 €1.3B
FY24 €1.4B
FY25 €1.2B
Net income −44.0%/yr
FY21 €31.0M
FY22 €29.4M
FY23 €31.7M
FY24 €29.8M
FY25 €3.1M
Character of growth · EPS growth decomposed (2014-2025) −4.4 % p.a.
Revenue per share +1.2 pp

of which total revenue +1.2 pp · buybacks/dilution −0.1 pp

EBIT margin −3.7 pp
Tax rate +0.0 pp
Residual (interest, one-offs) −1.9 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

BRNL screens 67% overvalued. Compare with Adecco Group →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Brunel International N.V Fair Value". https://www.fairvalue-calculator.com/stock/BRNL

Peer Group

Staffing & Employment Services · 85 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 58 · Below median
Fair Value upside −67% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 2% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth -10% · Bottom 25%
Dividend yield (TTM) 0.9% · Bottom 25%
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Staffing & Employment Services median · lower = cheaper

P/E (TTM) 117.7× · Pricier than 75% of peers
P/B 1.52× · Pricier than median
P/S (TTM) 0.34× · Pricier than median
P/FCF 14.6× · Pricier than 75% of peers
EV/EBITDA 15.7× · Pricier than 75% of peers
PEG 0.56× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 41
FUTURE 0 · sector 1
PAST 6 · sector 36
HEALTH 88 · sector 95
DIVIDEND 17 · sector 60

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Staffing & Employment Services stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Adecco Group ADEN CHF 20.46 CHF 23.73 +16%
Korn Ferry, KFY $78.61 $114.56 +46%
Robert Half Inc RHI $36.70 $22.10 -40%
TriNet Group TNET $57.56 $70.85 +23%
ManpowerGroup Inc MAN $39.02 $29.67 -24%
Insperity, Inc NSP $49.48 $17.34 -65%
FESCO Group 600861 ¥13.24 ¥45.46 +243%
Grupa Pracuj S.A GPP 47.40 PLN 65.45 PLN +38%
Barrett Business Services, Inc BBSI $37.43 $38.42 +3%
Maharah for Human Resources Company 1831 5.36 SAR 6.92 SAR +29%

Compare Brunel International N.V with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Brunel International N.V (BRNL) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of €2.45 versus a price of €7.37, about −67% (overvalued).
What is the fair value of BRNL?
Our model-based fair value for Brunel International N.V is €2.45 (as of Jul 15, 2026), built from audited fundamentals. The current price is €7.37.
What is the quality score of BRNL?
Brunel International N.V has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Brunel International N.V (BRNL)?
Brunel International N.V reported trailing-twelve-month revenue of about €1.2B (latest available figure, as of Jul 15, 2026).
What is the net profit margin of BRNL?
The net profit margin of Brunel International N.V is about 0.3%, meaning it keeps roughly 0.3% of revenue as net income. Based on the latest reported figures.
Does Brunel International N.V pay a dividend?
Brunel International N.V currently shows a dividend yield of about 0.81% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Brunel International N.V and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.