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DECEUNINCK NV (DECB.BR) Stock Fundamental Analysis

Europe - Euronext Brussels - EBR:DECB - BE0003789063 - Common Stock

2.325 EUR
+0.05 (+2.2%)
Last: 1/12/2026, 7:00:00 PM
Fundamental Rating

5

Taking everything into account, DECB scores 5 out of 10 in our fundamental rating. DECB was compared to 23 industry peers in the Building Products industry. DECB has an average financial health and profitability rating. DECB is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

DECB had positive earnings in the past year.
DECB had a positive operating cash flow in the past year.
Each year in the past 5 years DECB has been profitable.
DECB had a positive operating cash flow in each of the past 5 years.
DECB.BR Yearly Net Income VS EBIT VS OCF VS FCFDECB.BR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

1.2 Ratios

DECB has a worse Return On Assets (2.44%) than 69.57% of its industry peers.
Looking at the Return On Equity, with a value of 5.41%, DECB is doing worse than 69.57% of the companies in the same industry.
DECB's Return On Invested Capital of 7.44% is in line compared to the rest of the industry. DECB outperforms 52.17% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DECB is below the industry average of 9.98%.
Industry RankSector Rank
ROA 2.44%
ROE 5.41%
ROIC 7.44%
ROA(3y)1.39%
ROA(5y)2.65%
ROE(3y)3.07%
ROE(5y)6.56%
ROIC(3y)7.86%
ROIC(5y)8.72%
DECB.BR Yearly ROA, ROE, ROICDECB.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

With a Profit Margin value of 2.19%, DECB is not doing good in the industry: 73.91% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of DECB has declined.
Looking at the Operating Margin, with a value of 7.00%, DECB is in line with its industry, outperforming 43.48% of the companies in the same industry.
DECB's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 31.82%, DECB is doing worse than 69.57% of the companies in the same industry.
In the last couple of years the Gross Margin of DECB has grown nicely.
Industry RankSector Rank
OM 7%
PM (TTM) 2.19%
GM 31.82%
OM growth 3Y4.41%
OM growth 5Y26.88%
PM growth 3Y-25.44%
PM growth 5YN/A
GM growth 3Y5.4%
GM growth 5Y2.25%
DECB.BR Yearly Profit, Operating, Gross MarginsDECB.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

5

2. Health

2.1 Basic Checks

DECB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for DECB has been reduced compared to 1 year ago.
Compared to 5 years ago, DECB has more shares outstanding
Compared to 1 year ago, DECB has an improved debt to assets ratio.
DECB.BR Yearly Shares OutstandingDECB.BR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
DECB.BR Yearly Total Debt VS Total AssetsDECB.BR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

DECB has an Altman-Z score of 2.58. This is not the best score and indicates that DECB is in the grey zone with still only limited risk for bankruptcy at the moment.
DECB has a Altman-Z score of 2.58. This is comparable to the rest of the industry: DECB outperforms 56.52% of its industry peers.
The Debt to FCF ratio of DECB is 2.20, which is a good value as it means it would take DECB, 2.20 years of fcf income to pay off all of its debts.
DECB has a Debt to FCF ratio of 2.20. This is in the better half of the industry: DECB outperforms 78.26% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that DECB is not too dependend on debt financing.
DECB has a better Debt to Equity ratio (0.35) than 69.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.2
Altman-Z 2.58
ROIC/WACC0.99
WACC7.54%
DECB.BR Yearly LT Debt VS Equity VS FCFDECB.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

DECB has a Current Ratio of 1.52. This is a normal value and indicates that DECB is financially healthy and should not expect problems in meeting its short term obligations.
DECB has a Current ratio of 1.52. This is comparable to the rest of the industry: DECB outperforms 52.17% of its industry peers.
A Quick Ratio of 0.92 indicates that DECB may have some problems paying its short term obligations.
DECB has a Quick ratio (0.92) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.52
Quick Ratio 0.92
DECB.BR Yearly Current Assets VS Current LiabilitesDECB.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 574.29% over the past year.
The earnings per share for DECB have been decreasing by -27.17% on average. This is quite bad
DECB shows a decrease in Revenue. In the last year, the revenue decreased by -8.31%.
DECB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.47% yearly.
EPS 1Y (TTM)574.29%
EPS 3Y-27.17%
EPS 5YN/A
EPS Q2Q%33.33%
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y-0.44%
Revenue growth 5Y5.47%
Sales Q2Q%-9.02%

3.2 Future

The Earnings Per Share is expected to grow by 6.96% on average over the next years.
Based on estimates for the next years, DECB will show a small growth in Revenue. The Revenue will grow by 0.12% on average per year.
EPS Next Y-14.14%
EPS Next 2Y3.24%
EPS Next 3Y6.96%
EPS Next 5YN/A
Revenue Next Year-6.96%
Revenue Next 2Y-1.93%
Revenue Next 3Y0.12%
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 accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
DECB.BR Yearly Revenue VS EstimatesDECB.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
DECB.BR Yearly EPS VS EstimatesDECB.BR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2020 2021 2022 2023 2024 2025 2026 2027 0.1 0.2 0.3

6

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 19.38, the valuation of DECB can be described as rather expensive.
Based on the Price/Earnings ratio, DECB is valued a bit cheaper than 73.91% of the companies in the same industry.
DECB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.44, the valuation of DECB can be described as very reasonable.
95.65% of the companies in the same industry are more expensive than DECB, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.98. DECB is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 19.38
Fwd PE 8.44
DECB.BR Price Earnings VS Forward Price EarningsDECB.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, DECB is valued cheaply inside the industry as 95.65% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, DECB is valued cheaply inside the industry as 91.30% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 4.74
EV/EBITDA 4.18
DECB.BR Per share dataDECB.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.24%
EPS Next 3Y6.96%

4

5. Dividend

5.1 Amount

DECB has a Yearly Dividend Yield of 2.47%. Purely for dividend investing, there may be better candidates out there.
DECB's Dividend Yield is a higher than the industry average which is at 3.30.
Compared to an average S&P500 Dividend Yield of 1.92, DECB pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.47%

5.2 History

On average, the dividend of DECB grows each year by 20.83%, which is quite nice.
Dividend Growth(5Y)20.83%
Div Incr Years3
Div Non Decr Years4
DECB.BR Yearly Dividends per shareDECB.BR Yearly Dividends per shareYearly Dividends per share 2019 2021 2022 2023 2024 2025 0.02 0.04 0.06

5.3 Sustainability

63.80% of the earnings are spent on dividend by DECB. This is not a sustainable payout ratio.
The dividend of DECB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP63.8%
EPS Next 2Y3.24%
EPS Next 3Y6.96%
DECB.BR Yearly Income VS Free CF VS DividendDECB.BR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M
DECB.BR Dividend Payout.DECB.BR Dividend Payout, showing the Payout Ratio.DECB.BR Dividend Payout.PayoutRetained Earnings

DECEUNINCK NV

EBR:DECB (1/12/2026, 7:00:00 PM)

2.325

+0.05 (+2.2%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)08-20 2025-08-20
Earnings (Next)02-26 2026-02-26
Inst Owners5.29%
Inst Owner ChangeN/A
Ins Owners42.61%
Ins Owner ChangeN/A
Market Cap322.13M
Revenue(TTM)788.98M
Net Income(TTM)17.31M
Analysts84
Price Target3.32 (42.8%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.47%
Yearly Dividend0.08
Dividend Growth(5Y)20.83%
DP63.8%
Div Incr Years3
Div Non Decr Years4
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 RankSector Rank
PE 19.38
Fwd PE 8.44
P/S 0.41
P/FCF 4.74
P/OCF 3.3
P/B 1.01
P/tB 1.09
EV/EBITDA 4.18
EPS(TTM)0.12
EY5.16%
EPS(NY)0.28
Fwd EY11.85%
FCF(TTM)0.49
FCFY21.08%
OCF(TTM)0.7
OCFY30.3%
SpS5.69
BVpS2.31
TBVpS2.14
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.5
Profitability
Industry RankSector Rank
ROA 2.44%
ROE 5.41%
ROCE 11.49%
ROIC 7.44%
ROICexc 8.03%
ROICexgc 8.48%
OM 7%
PM (TTM) 2.19%
GM 31.82%
FCFM 8.61%
ROA(3y)1.39%
ROA(5y)2.65%
ROE(3y)3.07%
ROE(5y)6.56%
ROIC(3y)7.86%
ROIC(5y)8.72%
ROICexc(3y)8.72%
ROICexc(5y)10.57%
ROICexgc(3y)9.04%
ROICexgc(5y)11.04%
ROCE(3y)12.15%
ROCE(5y)13.47%
ROICexgc growth 3Y-18.58%
ROICexgc growth 5Y26.74%
ROICexc growth 3Y-17.98%
ROICexc growth 5Y26.91%
OM growth 3Y4.41%
OM growth 5Y26.88%
PM growth 3Y-25.44%
PM growth 5YN/A
GM growth 3Y5.4%
GM growth 5Y2.25%
F-Score7
Asset Turnover1.11
Health
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.2
Debt/EBITDA 1.09
Cap/Depr 62.8%
Cap/Sales 3.76%
Interest Coverage 6.12
Cash Conversion 95.22%
Profit Quality 392.13%
Current Ratio 1.52
Quick Ratio 0.92
Altman-Z 2.58
F-Score7
WACC7.54%
ROIC/WACC0.99
Cap/Depr(3y)101.13%
Cap/Depr(5y)95.16%
Cap/Sales(3y)5.37%
Cap/Sales(5y)4.99%
Profit Quality(3y)530.57%
Profit Quality(5y)380.7%
High Growth Momentum
Growth
EPS 1Y (TTM)574.29%
EPS 3Y-27.17%
EPS 5YN/A
EPS Q2Q%33.33%
EPS Next Y-14.14%
EPS Next 2Y3.24%
EPS Next 3Y6.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y-0.44%
Revenue growth 5Y5.47%
Sales Q2Q%-9.02%
Revenue Next Year-6.96%
Revenue Next 2Y-1.93%
Revenue Next 3Y0.12%
Revenue Next 5YN/A
EBIT growth 1Y1.02%
EBIT growth 3Y3.95%
EBIT growth 5Y33.81%
EBIT Next Year46.9%
EBIT Next 3Y18.67%
EBIT Next 5YN/A
FCF growth 1Y-20.34%
FCF growth 3Y73.26%
FCF growth 5Y8.28%
OCF growth 1Y-30.31%
OCF growth 3Y12.97%
OCF growth 5Y4.4%

DECEUNINCK NV / DECB.BR FAQ

What is the fundamental rating for DECB stock?

ChartMill assigns a fundamental rating of 5 / 10 to DECB.BR.


What is the valuation status for DECB stock?

ChartMill assigns a valuation rating of 6 / 10 to DECEUNINCK NV (DECB.BR). This can be considered as Fairly Valued.


What is the profitability of DECB stock?

DECEUNINCK NV (DECB.BR) has a profitability rating of 4 / 10.


Can you provide the financial health for DECB stock?

The financial health rating of DECEUNINCK NV (DECB.BR) is 5 / 10.


Is the dividend of DECEUNINCK NV sustainable?

The dividend rating of DECEUNINCK NV (DECB.BR) is 4 / 10 and the dividend payout ratio is 63.8%.