ASCENCIO (ASCE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:ASCE - BE0003856730 - REIT
55.7 EUR
+0.1 (+0.18%)
Overall ASCE gets a fundamental rating of 6 out of 10. We evaluated ASCE against 41 industry peers in the Diversified REITs industry. While ASCE belongs to the best of the industry regarding profitability, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ASCE.
1. Profitability
1.1 Basic Checks
- ASCE had positive earnings in the past year.
- In the past year ASCE had a positive cash flow from operations.
- In the past 5 years ASCE has always been profitable.
- In the past 5 years ASCE always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of ASCE (4.61%) is better than 78.05% of its industry peers.
- Looking at the Return On Equity, with a value of 7.92%, ASCE is in the better half of the industry, outperforming 73.17% of the companies in the same industry.
- The Return On Invested Capital of ASCE (4.56%) is better than 82.93% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ASCE is in line with the industry average of 3.37%.
- The last Return On Invested Capital (4.56%) for ASCE is above the 3 year average (4.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.61% | ||
| ROE | 7.92% | ||
| ROIC | 4.56% |
ROA(3y)4.06%
ROA(5y)6%
ROE(3y)7.09%
ROE(5y)10.87%
ROIC(3y)4.45%
ROIC(5y)4.26%
1.3 Margins
- With a decent Profit Margin value of 66.16%, ASCE is doing good in the industry, outperforming 78.05% of the companies in the same industry.
- In the last couple of years the Profit Margin of ASCE has grown nicely.
- Looking at the Operating Margin, with a value of 81.84%, ASCE belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
- In the last couple of years the Operating Margin of ASCE has remained more or less at the same level.
- ASCE has a better Gross Margin (77.94%) than 65.85% of its industry peers.
- ASCE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 81.84% | ||
| PM (TTM) | 66.16% | ||
| GM | 77.94% |
OM growth 3Y-0.59%
OM growth 5Y0.51%
PM growth 3Y-29.58%
PM growth 5Y26.1%
GM growth 3Y-5.77%
GM growth 5Y0.99%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASCE is destroying value.
- ASCE has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for ASCE remains at a similar level compared to 5 years ago.
- Compared to 1 year ago, ASCE has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.98, we must say that ASCE is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of ASCE (0.98) is better than 63.41% of its industry peers.
- The Debt to FCF ratio of ASCE is 6.49, which is on the high side as it means it would take ASCE, 6.49 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 6.49, ASCE belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
- ASCE has a Debt/Equity ratio of 0.59. This is a neutral value indicating ASCE is somewhat dependend on debt financing.
- The Debt to Equity ratio of ASCE (0.59) is better than 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 6.49 | ||
| Altman-Z | 0.98 |
ROIC/WACC0.89
WACC5.1%
2.3 Liquidity
- ASCE has a Current Ratio of 0.14. 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 Current ratio value of 0.14, ASCE is not doing good in the industry: 80.49% of the companies in the same industry are doing better.
- ASCE has a Quick Ratio of 0.14. This is a bad value and indicates that ASCE is not financially healthy enough and could expect problems in meeting its short term obligations.
- ASCE's Quick ratio of 0.14 is on the low side compared to the rest of the industry. ASCE is outperformed by 80.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 39.66% over the past year.
- The Earnings Per Share has been growing by 30.97% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 0.98% in the past year.
- ASCE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.87% yearly.
EPS 1Y (TTM)39.66%
EPS 3Y-26.74%
EPS 5Y30.97%
EPS Q2Q%-14.23%
Revenue 1Y (TTM)0.98%
Revenue growth 3Y4.03%
Revenue growth 5Y3.87%
Sales Q2Q%-0.77%
3.2 Future
- Based on estimates for the next years, ASCE will show a small growth in Earnings Per Share. The EPS will grow by 5.04% on average per year.
- ASCE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.29% yearly.
EPS Next Y8.53%
EPS Next 2Y1.1%
EPS Next 3Y5.04%
EPS Next 5YN/A
Revenue Next Year1.88%
Revenue Next 2Y1.86%
Revenue Next 3Y2.29%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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 10.31 indicates a reasonable valuation of ASCE.
- Based on the Price/Earnings ratio, ASCE is valued a bit cheaper than 78.05% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, ASCE is valued rather cheaply.
- The Price/Forward Earnings ratio is 9.08, which indicates a very decent valuation of ASCE.
- 82.93% 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 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.31 | ||
| Fwd PE | 9.08 |
4.2 Price Multiples
- ASCE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ASCE is cheaper than 80.49% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASCE indicates a rather cheap valuation: ASCE is cheaper than 80.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.02 | ||
| EV/EBITDA | 14.1 |
4.3 Compensation for Growth
- ASCE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- ASCE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.21
PEG (5Y)0.33
EPS Next 2Y1.1%
EPS Next 3Y5.04%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.68%, ASCE is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.41, ASCE has a dividend in line with its industry peers.
- ASCE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
5.2 History
- The dividend of ASCE has a limited annual growth rate of 4.11%.
Dividend Growth(5Y)4.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- ASCE pays out 79.59% of its income as dividend. This is not a sustainable payout ratio.
- ASCE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP79.59%
EPS Next 2Y1.1%
EPS Next 3Y5.04%
ASCENCIO / ASCE.BR FAQ
Can you provide the ChartMill fundamental rating for ASCENCIO?
ChartMill assigns a fundamental rating of 6 / 10 to ASCE.BR.
What is the valuation status for ASCE stock?
ChartMill assigns a valuation rating of 8 / 10 to ASCENCIO (ASCE.BR). This can be considered as Undervalued.
Can you provide the profitability details for ASCENCIO?
ASCENCIO (ASCE.BR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of ASCENCIO (ASCE.BR) stock?
The Price/Earnings (PE) ratio for ASCENCIO (ASCE.BR) is 10.31 and the Price/Book (PB) ratio is 0.82.
Can you provide the dividend sustainability for ASCE stock?
The dividend rating of ASCENCIO (ASCE.BR) is 6 / 10 and the dividend payout ratio is 79.59%.