Not necessarily. You haven't taken account of costs, or the possibility that the parties both felt this was the best outcome regardless of what (unpredictable) quantum a court may have awarded.
Litigation is a poor use of time for both parties and is best avoided for the good of both parties.
Whether the settlement is "fair", "reasonable", "agreeable", or "forced" is another matter. The point is, you can't assess or deduce it without more information.