ASCENCIO (ASCE.BR) Stock Fundamental Analysis
EBR:ASCE - Euronext Brussels - BE0003856730 - REIT - Currency: EUR
Overall ASCE gets a fundamental rating of 5 out of 10. We evaluated ASCE against 41 industry peers in the Diversified REITs industry. There are concerns on the financial health of ASCE while its profitability can be described as average. ASCE is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ASCE was profitable.
In the past year ASCE had a positive cash flow from operations.
1.2 Ratios
ASCE has a better Return On Assets (2.87%) than 67.44% of its industry peers.
ASCE's Return On Equity of 5.27% is fine compared to the rest of the industry. ASCE outperforms 65.12% of its industry peers.
With an excellent Return On Invested Capital value of 6.91%, ASCE belongs to the best of the industry, outperforming 95.35% of the companies in the same industry.
ASCE had an Average Return On Invested Capital over the past 3 years of 4.03%. This is in line with the industry average of 4.05%.
The 3 year average ROIC (4.03%) for ASCE is below the current ROIC(6.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 5.27% | ||
| ROIC | 6.91% |
ROA(3y)7.38%
ROA(5y)N/A
ROE(3y)13.56%
ROE(5y)N/A
ROIC(3y)4.03%
ROIC(5y)N/A
1.3 Margins
ASCE's Profit Margin of 28.21% is fine compared to the rest of the industry. ASCE outperforms 60.47% of its industry peers.
ASCE's Profit Margin has improved in the last couple of years.
The Operating Margin of ASCE (82.95%) is better than 81.40% of its industry peers.
ASCE's Operating Margin has been stable in the last couple of years.
ASCE has a Gross Margin of 88.81%. This is in the better half of the industry: ASCE outperforms 76.74% of its industry peers.
ASCE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 82.95% | ||
| PM (TTM) | 28.21% | ||
| GM | 88.81% |
OM growth 3Y1.19%
OM growth 5YN/A
PM growth 3Y46.96%
PM growth 5YN/A
GM growth 3Y7.44%
GM growth 5YN/A
2. Health
2.1 Basic Checks
ASCE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ASCE has about the same amout of shares outstanding than it did 1 year ago.
ASCE has a better debt/assets ratio than last year.
2.2 Solvency
ASCE has an Altman-Z score of 0.82. This is a bad value and indicates that ASCE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ASCE (0.82) is comparable to the rest of the industry.
ASCE has a debt to FCF ratio of 8.40. This is a slightly negative value and a sign of low solvency as ASCE would need 8.40 years to pay back of all of its debts.
ASCE has a Debt to FCF ratio of 8.40. This is amongst the best in the industry. ASCE outperforms 90.70% of its industry peers.
ASCE has a Debt/Equity ratio of 0.66. This is a neutral value indicating ASCE is somewhat dependend on debt financing.
ASCE has a Debt to Equity ratio of 0.66. This is in the better half of the industry: ASCE outperforms 65.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.4 | ||
| Altman-Z | 0.82 |
ROIC/WACC1.53
WACC4.53%
2.3 Liquidity
A Current Ratio of 0.13 indicates that ASCE may have some problems paying its short term obligations.
ASCE's Current ratio of 0.13 is on the low side compared to the rest of the industry. ASCE is outperformed by 81.40% of its industry peers.
ASCE has a Quick Ratio of 0.13. This is a bad value and indicates that ASCE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.13, ASCE is not doing good in the industry: 81.40% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.13 | ||
| Quick Ratio | 0.13 |
3. Growth
3.1 Past
ASCE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -62.71%.
Measured over the past years, ASCE shows a very strong growth in Earnings Per Share. The EPS has been growing by 54.05% on average per year.
ASCE shows a small growth in Revenue. In the last year, the Revenue has grown by 7.26%.
The Revenue has been growing slightly by 4.83% on average over the past years.
EPS 1Y (TTM)-62.71%
EPS 3Y54.05%
EPS 5YN/A
EPS Q2Q%38.52%
Revenue 1Y (TTM)7.26%
Revenue growth 3Y4.83%
Revenue growth 5YN/A
Sales Q2Q%2.31%
3.2 Future
ASCE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.80% yearly.
The Revenue is expected to grow by 2.89% on average over the next years.
EPS Next Y3.83%
EPS Next 2Y3.12%
EPS Next 3Y1.87%
EPS Next 5Y2.8%
Revenue Next Year5.55%
Revenue Next 2Y3.91%
Revenue Next 3Y3.23%
Revenue Next 5Y2.89%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.19, the valuation of ASCE can be described as very reasonable.
Based on the Price/Earnings ratio, ASCE is valued a bit cheaper than the industry average as 76.74% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ASCE to the average of the S&P500 Index (29.35), we can say ASCE is valued rather cheaply.
A Price/Forward Earnings ratio of 8.02 indicates a reasonable valuation of ASCE.
83.72% of the companies in the same industry are more expensive than ASCE, based on the Price/Forward Earnings ratio.
ASCE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.19 | ||
| Fwd PE | 8.02 |
4.2 Price Multiples
ASCE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ASCE is cheaper than 95.35% of the companies in the same industry.
90.70% of the companies in the same industry are more expensive than ASCE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.6 | ||
| EV/EBITDA | 8.66 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASCE does not grow enough to justify the current Price/Earnings ratio.
ASCE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.92
PEG (5Y)N/A
EPS Next 2Y3.12%
EPS Next 3Y1.87%
5. Dividend
5.1 Amount
ASCE has a Yearly Dividend Yield of 6.76%, which is a nice return.
ASCE's Dividend Yield is a higher than the industry average which is at 8.71.
Compared to an average S&P500 Dividend Yield of 2.33, ASCE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.76% |
5.2 History
The dividend of ASCE has a limited annual growth rate of 4.11%.
Dividend Growth(5Y)4.11%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
122.85% of the earnings are spent on dividend by ASCE. This is not a sustainable payout ratio.
ASCE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP122.85%
EPS Next 2Y3.12%
EPS Next 3Y1.87%
EBR:ASCE (3/7/2025, 7:00:00 PM)
45
+0.45 (+1.01%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners8.91%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap297.00M
Analysts45.45
Price Target53.38 (18.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.76% |
Yearly Dividend3.95
Dividend Growth(5Y)4.11%
DP122.85%
Div Incr Years0
Div Non Decr Years0
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.19 | ||
| Fwd PE | 8.02 | ||
| P/S | 3.76 | ||
| P/FCF | 7.6 | ||
| P/OCF | 6.46 | ||
| P/B | 0.7 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 8.66 |
EPS(TTM)4.02
EY8.93%
EPS(NY)5.61
Fwd EY12.47%
FCF(TTM)5.92
FCFY13.16%
OCF(TTM)6.96
OCFY15.48%
SpS11.97
BVpS64.11
TBVpS64.05
PEG (NY)2.92
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 5.27% | ||
| ROCE | 9.95% | ||
| ROIC | 6.91% | ||
| ROICexc | 6.95% | ||
| ROICexgc | 6.95% | ||
| OM | 82.95% | ||
| PM (TTM) | 28.21% | ||
| GM | 88.81% | ||
| FCFM | 49.48% |
ROA(3y)7.38%
ROA(5y)N/A
ROE(3y)13.56%
ROE(5y)N/A
ROIC(3y)4.03%
ROIC(5y)N/A
ROICexc(3y)4.06%
ROICexc(5y)N/A
ROICexgc(3y)4.06%
ROICexgc(5y)N/A
ROCE(3y)5.71%
ROCE(5y)N/A
ROICexcg growth 3Y2.58%
ROICexcg growth 5YN/A
ROICexc growth 3Y2.57%
ROICexc growth 5YN/A
OM growth 3Y1.19%
OM growth 5YN/A
PM growth 3Y46.96%
PM growth 5YN/A
GM growth 3Y7.44%
GM growth 5YN/A
F-Score6
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.4 | ||
| Debt/EBITDA | 4.24 | ||
| Cap/Depr | 27508% | ||
| Cap/Sales | 8.71% | ||
| Interest Coverage | 9.04 | ||
| Cash Conversion | 70.12% | ||
| Profit Quality | 175.42% | ||
| Current Ratio | 0.13 | ||
| Quick Ratio | 0.13 | ||
| Altman-Z | 0.82 |
F-Score6
WACC4.53%
ROIC/WACC1.53
Cap/Depr(3y)8801.88%
Cap/Depr(5y)N/A
Cap/Sales(3y)4.14%
Cap/Sales(5y)N/A
Profit Quality(3y)78.65%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-62.71%
EPS 3Y54.05%
EPS 5YN/A
EPS Q2Q%38.52%
EPS Next Y3.83%
EPS Next 2Y3.12%
EPS Next 3Y1.87%
EPS Next 5Y2.8%
Revenue 1Y (TTM)7.26%
Revenue growth 3Y4.83%
Revenue growth 5YN/A
Sales Q2Q%2.31%
Revenue Next Year5.55%
Revenue Next 2Y3.91%
Revenue Next 3Y3.23%
Revenue Next 5Y2.89%
EBIT growth 1Y6.46%
EBIT growth 3Y6.08%
EBIT growth 5YN/A
EBIT Next Year19.8%
EBIT Next 3Y6.9%
EBIT Next 5Y5.19%
FCF growth 1Y-4.4%
FCF growth 3Y3.27%
FCF growth 5YN/A
OCF growth 1Y11.67%
OCF growth 3Y8.78%
OCF growth 5YN/A