DEME Group (DEME) Fair Value & Analysis
Industrials · BE · Market cap €4.2B
Fair value as of: Aug 6, 2026
From 26 valuation models · updated 4 days ago
Fair value updated Aug 6, 2026, revised from €230.10 to €217.91 (−5.3%) since Jul 15, 2026. Share price −0.6% over the past month.
A solid business, screening 30% undervalued on our models.
What matters now
- Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
- A fairly wide model range (€128.89 to €333.22) leaves room in how you read the outcome.
Price vs Fair Value (4 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 6, 2026.
How to read this chart
49‑month range €80.94 – €200.61 · fair‑value band €128.89 – €333.22 · the €167.00 price screens below the €217.91 fair value. Dashed = 300-day average. As of Aug 6, 2026.
Analysis
DEME Group (DEME) currently trades at €167.00, while our model-based Fair Value estimate is €217.91, implying the stock looks roughly 30.5% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, DEME Group generated revenue of €4.2B at a net margin of 8.3%. Revenue declined 6.7% year over year. It earns a return on equity of 15.3%. Net debt stands at €391M. Fundamentals as of Aug 6, 2026
Our scenario range runs from €128.89 (bear case) to €333.22 (bull case); at €167.00, the current price sits within 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 18% below its 52-week high and 40% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 30%, DEME screens cheaper 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.
All 26 models by family
Widest divergence: Growth Earnings (€259.68) versus Dividend Discount (€55.46). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 6, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 57
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
DEME Group NV, together with its subsidiaries, provides marine solutions in Belgium, Europe, Africa, the United States, Asia, and the Middle East. It operates through four segments: Offshore Energy, Dredging & Infra, Environmental, and Concessions.
Full company description
DEME Group NV, together with its subsidiaries, provides marine solutions in Belgium, Europe, Africa, the United States, Asia, and the Middle East. It operates through four segments: Offshore Energy, Dredging & Infra, Environmental, and Concessions. The Offshore Energy segment provides engineering and contracting services, such as engineering, procurement, construction, and installation of foundations, turbines, inter-array cables, export cables and substations; operations and maintenance, logistics, repair and decommissioning, as well as salvage services; and specialized offshore services, including geoscience services and the installation of suction pile anchors and foundations. The Dredging & Infra segment undertakes capital and maintenance dredging, land reclamation, soil improvement, port construction, coastal protection, and beach nourishment works. This segment also offers engineering, design and construction of complex marine structures, such as jetties, port terminals, locks, and weirs; infrastructural works comprising bored and immersed tunnels; foundation and marine works; and civil works for harbor construction, dams and sea defenses, canal construction, revetment, quay wall construction, and shore protection, as well as maritime services for port terminals. The Environmental segment provides environmental solutions for soil remediation and brownfield redevelopment, environmental dredging, and sediment and water treatment. The Concessions segment invests in and develops projects in wind, port infrastructure, green hydrogen, and other special projects; and holds concessions for seabed areas. The company was formerly known as Dredging Environmental and Marine Engineering NV. The company was founded in 1930 and is headquartered in Zwijndrecht, Belgium. DEME Group NV is a subsidiary of Ackermans & Van Haaren NV.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
DEME Group reported revenue of €4.2B in FY2025 versus €2.5B in FY2021, a compound +13.4%/yr. Reported net income was €346M in FY2025, compounding +31.9%/yr from FY2021.
Watch DEME: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- DEME and The Oyster Restoration Company to deliver oyster reef restoration project in the Belgian North Sea
- A Fresh Look at DEME Group (ENXTBR:DEME) Valuation After Strong Half-Year Earnings Boost
- Deme Group NV (XBRU:DEME) (Q2 2025) Earnings Call Highlights: Record Profitability and ...
- Offshore Wind Construction Vessel Market Forecast Report 2025, with Profiles of Seajacks, Van Oord Dredging and Marine Contractors, DEME Gro
Peer Group
Engineering & Construction · 837 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.
Valuation Multiples vs Engineering & Construction median · lower = cheaper
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.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 6, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Larsen & Toubro Limited LT | ₹3,815 | ₹1,994 | -48% |
| Samsung C&T Corporation 028260 | 346,000 KRW | 268,779 KRW | -22% |
| Hyundai Engineering & Construction Co 000720 | 99,000 KRW | 63,993 KRW | -35% |
| United Integrated Services Co 2404 | 1,250 TWD | 925.62 TWD | -26% |
| Samsung E&A Co 028050 | 42,550 KRW | 44,840 KRW | +5% |
| Rail Vikas Nigam Limited RVNL | ₹232.67 | ₹61.46 | -74% |
| Daewoo Engineering & Construction Co 047040 | 16,240 KRW | 6,507 KRW | -60% |
| NBCC (India) Limited NBCC | ₹96.32 | ₹48.22 | -50% |
| Cemindia Projects Limited CEMPRO | ₹1,330 | ₹730.69 | -45% |
| KEPCO Engineering & Construction Company 052690 | 92,700 KRW | 20,172 KRW | -78% |
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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.
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