ACKERMANS & VAN HAAREN (ACKB.BR) Stock Fundamental Analysis
EBR:ACKB - Euronext Brussels - BE0003764785 - Common Stock - Currency: EUR
Taking everything into account, ACKB scores 4 out of 10 in our fundamental rating. ACKB was compared to 45 industry peers in the Construction & Engineering industry. While ACKB is still in line with the averages on profitability rating, there are concerns on its financial health. ACKB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ACKB had positive earnings in the past year.
In the past year ACKB had a positive cash flow from operations.
ACKB had positive earnings in each of the past 5 years.
ACKB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ACKB has a Return On Assets (2.27%) which is comparable to the rest of the industry.
ACKB has a worse Return On Equity (8.71%) than 64.44% of its industry peers.
ACKB has a Return On Invested Capital of 4.79%. This is in the lower half of the industry: ACKB underperforms 64.44% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ACKB is significantly below the industry average of 11.01%.
The last Return On Invested Capital (4.79%) for ACKB is above the 3 year average (3.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| ROE | 8.71% | ||
| ROIC | 4.79% |
ROA(3y)2.79%
ROA(5y)2.43%
ROE(3y)10.71%
ROE(5y)9.77%
ROIC(3y)3.75%
ROIC(5y)3.25%
1.3 Margins
ACKB's Profit Margin of 7.61% is fine compared to the rest of the industry. ACKB outperforms 73.33% of its industry peers.
ACKB's Profit Margin has declined in the last couple of years.
ACKB has a better Operating Margin (9.41%) than 64.44% of its industry peers.
ACKB's Operating Margin has improved in the last couple of years.
ACKB has a Gross Margin (37.01%) which is in line with its industry peers.
In the last couple of years the Gross Margin of ACKB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.41% | ||
| PM (TTM) | 7.61% | ||
| GM | 37.01% |
OM growth 3Y6.69%
OM growth 5Y4.48%
PM growth 3Y-6.91%
PM growth 5Y-3.82%
GM growth 3Y0.27%
GM growth 5Y1.41%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ACKB is creating some value.
Compared to 1 year ago, ACKB has about the same amount of shares outstanding.
The number of shares outstanding for ACKB has been reduced compared to 5 years ago.
The debt/assets ratio for ACKB has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.87, we must say that ACKB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ACKB (0.87) is worse than 86.67% of its industry peers.
ACKB has a debt to FCF ratio of 9.05. This is a negative value and a sign of low solvency as ACKB would need 9.05 years to pay back of all of its debts.
ACKB has a Debt to FCF ratio (9.05) which is in line with its industry peers.
A Debt/Equity ratio of 0.49 indicates that ACKB is not too dependend on debt financing.
The Debt to Equity ratio of ACKB (0.49) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 9.05 | ||
| Altman-Z | 0.87 |
ROIC/WACC1.19
WACC4.02%
2.3 Liquidity
ACKB has a Current Ratio of 0.74. This is a bad value and indicates that ACKB is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.74, ACKB is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.70 indicates that ACKB may have some problems paying its short term obligations.
ACKB's Quick ratio of 0.70 is on the low side compared to the rest of the industry. ACKB is outperformed by 82.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.83% over the past year.
ACKB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.40% yearly.
ACKB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.74%.
The Revenue has been growing slightly by 7.19% on average over the past years.
EPS 1Y (TTM)15.83%
EPS 3Y4.64%
EPS 5Y3.4%
EPS Q2Q%13.71%
Revenue 1Y (TTM)15.74%
Revenue growth 3Y11.91%
Revenue growth 5Y7.19%
Sales Q2Q%13.03%
3.2 Future
Based on estimates for the next years, ACKB will show a small growth in Earnings Per Share. The EPS will grow by 6.14% on average per year.
ACKB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.35% yearly.
EPS Next Y25.08%
EPS Next 2Y8.03%
EPS Next 3Y6.14%
EPS Next 5YN/A
Revenue Next Year3.92%
Revenue Next 2Y2%
Revenue Next 3Y0.35%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.22 indicates a correct valuation of ACKB.
Compared to the rest of the industry, the Price/Earnings ratio of ACKB is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.30. ACKB is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 11.62, which indicates a very decent valuation of ACKB.
ACKB's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of ACKB to the average of the S&P500 Index (21.76), we can say ACKB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.22 | ||
| Fwd PE | 11.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ACKB is valued a bit more expensive than 68.89% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ACKB indicates a rather cheap valuation: ACKB is cheaper than 82.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.44 | ||
| EV/EBITDA | 14.22 |
4.3 Compensation for Growth
ACKB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.61
PEG (5Y)4.47
EPS Next 2Y8.03%
EPS Next 3Y6.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.24%, ACKB has a reasonable but not impressive dividend return.
ACKB's Dividend Yield is comparable with the industry average which is at 3.68.
With a Dividend Yield of 1.24, ACKB pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
On average, the dividend of ACKB grows each year by 7.81%, which is quite nice.
Dividend Growth(5Y)7.81%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
24.20% of the earnings are spent on dividend by ACKB. This is a low number and sustainable payout ratio.
The dividend of ACKB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.2%
EPS Next 2Y8.03%
EPS Next 3Y6.14%
EBR:ACKB (7/11/2025, 7:00:00 PM)
213.8
+0.4 (+0.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners12.93%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.09B
Analysts78.46
Price Target237.08 (10.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend3.37
Dividend Growth(5Y)7.81%
DP24.2%
Div Incr Years5
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.24%
PT rev (3m)6.2%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)4.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.22 | ||
| Fwd PE | 11.62 | ||
| P/S | 1.17 | ||
| P/FCF | 6.44 | ||
| P/OCF | 5.03 | ||
| P/B | 1.34 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 14.22 |
EPS(TTM)14.05
EY6.57%
EPS(NY)18.4
Fwd EY8.6%
FCF(TTM)33.17
FCFY15.52%
OCF(TTM)42.53
OCFY19.89%
SpS182.25
BVpS159.18
TBVpS145.95
PEG (NY)0.61
PEG (5Y)4.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| ROE | 8.71% | ||
| ROCE | 5.83% | ||
| ROIC | 4.79% | ||
| ROICexc | 6.05% | ||
| ROICexgc | 6.42% | ||
| OM | 9.41% | ||
| PM (TTM) | 7.61% | ||
| GM | 37.01% | ||
| FCFM | 18.2% |
ROA(3y)2.79%
ROA(5y)2.43%
ROE(3y)10.71%
ROE(5y)9.77%
ROIC(3y)3.75%
ROIC(5y)3.25%
ROICexc(3y)3.96%
ROICexc(5y)3.6%
ROICexgc(3y)4.17%
ROICexgc(5y)3.83%
ROCE(3y)4.57%
ROCE(5y)3.96%
ROICexcg growth 3Y2.17%
ROICexcg growth 5Y2.42%
ROICexc growth 3Y3.29%
ROICexc growth 5Y3%
OM growth 3Y6.69%
OM growth 5Y4.48%
PM growth 3Y-6.91%
PM growth 5Y-3.82%
GM growth 3Y0.27%
GM growth 5Y1.41%
F-Score8
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 9.05 | ||
| Debt/EBITDA | 2.54 | ||
| Cap/Depr | 70.44% | ||
| Cap/Sales | 5.13% | ||
| Interest Coverage | 8.83 | ||
| Cash Conversion | 139.76% | ||
| Profit Quality | 239.21% | ||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 0.87 |
F-Score8
WACC4.02%
ROIC/WACC1.19
Cap/Depr(3y)108.72%
Cap/Depr(5y)96.92%
Cap/Sales(3y)8.38%
Cap/Sales(5y)7.72%
Profit Quality(3y)107.38%
Profit Quality(5y)117.68%
High Growth Momentum
Growth
EPS 1Y (TTM)15.83%
EPS 3Y4.64%
EPS 5Y3.4%
EPS Q2Q%13.71%
EPS Next Y25.08%
EPS Next 2Y8.03%
EPS Next 3Y6.14%
EPS Next 5YN/A
Revenue 1Y (TTM)15.74%
Revenue growth 3Y11.91%
Revenue growth 5Y7.19%
Sales Q2Q%13.03%
Revenue Next Year3.92%
Revenue Next 2Y2%
Revenue Next 3Y0.35%
Revenue Next 5YN/A
EBIT growth 1Y34.86%
EBIT growth 3Y19.39%
EBIT growth 5Y11.99%
EBIT Next Year123.1%
EBIT Next 3Y27.9%
EBIT Next 5YN/A
FCF growth 1Y406.47%
FCF growth 3Y33.46%
FCF growth 5Y68.25%
OCF growth 1Y116.56%
OCF growth 3Y21.73%
OCF growth 5Y19.25%