DECEUNINCK NV (DECB.BR) Stock Fundamental Analysis

Europe Euronext Brussels EBR:DECB • BE0003789063

2.355 EUR
+0 (+0.21%)
Last: Feb 6, 2026, 05:01 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to DECB. DECB was compared to 20 industry peers in the Building Products industry. DECB has only an average score on both its financial health and profitability. DECB has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year DECB was profitable.
  • In the past year DECB had a positive cash flow from operations.
  • In the past 5 years DECB has always been profitable.
  • In the past 5 years DECB always reported a positive cash flow from operatings.
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

  • The Return On Assets of DECB (2.44%) is worse than 65.00% of its industry peers.
  • Looking at the Return On Equity, with a value of 5.41%, DECB is doing worse than 65.00% of the companies in the same industry.
  • DECB has a Return On Invested Capital of 7.44%. This is comparable to the rest of the industry: DECB outperforms 50.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DECB is in line with the industry average of 9.68%.
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

  • DECB's Profit Margin of 2.19% is on the low side compared to the rest of the industry. DECB is outperformed by 70.00% of its industry peers.
  • DECB's Profit Margin has declined in the last couple of years.
  • With a Operating Margin value of 7.00%, DECB perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
  • DECB's Operating Margin has improved in the last couple of years.
  • DECB's Gross Margin of 31.82% is on the low side compared to the rest of the industry. DECB is outperformed by 65.00% of its industry peers.
  • 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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DECB is destroying value.
  • The number of shares outstanding for DECB has been reduced compared to 1 year ago.
  • The number of shares outstanding for DECB has been increased compared to 5 years ago.
  • 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 2.60. 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.
  • With a Altman-Z score value of 2.60, DECB is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
  • 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's Debt to FCF ratio of 2.20 is fine compared to the rest of the industry. DECB outperforms 80.00% of its industry peers.
  • DECB has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of DECB (0.35) is better than 80.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.2
Altman-Z 2.6
ROIC/WACC0.91
WACC8.21%
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 55.00% of its industry peers.
  • DECB has a Quick Ratio of 1.52. This is a bad value and indicates that DECB is not financially healthy enough and could expect problems in meeting its short term obligations.
  • DECB's Quick ratio of 0.92 is in line compared to the rest of the industry. DECB outperforms 60.00% of 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.
  • DECB shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -27.17% yearly.
  • 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.
  • 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.
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

  • DECB is valuated rather expensively with a Price/Earnings ratio of 19.63.
  • 75.00% of the companies in the same industry are more expensive than DECB, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 27.92, DECB is valued a bit cheaper.
  • A Price/Forward Earnings ratio of 8.55 indicates a reasonable valuation of DECB.
  • Based on the Price/Forward Earnings ratio, DECB is valued cheaper than 95.00% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.78. DECB is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 19.63
Fwd PE 8.55
DECB.BR Price Earnings VS Forward Price EarningsDECB.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, DECB is valued cheaper than 90.00% of the companies in the same industry.
  • 90.00% of the companies in the same industry are more expensive than DECB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 4.81
EV/EBITDA 4.28
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 2.43%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.88, DECB pays a bit more dividend than its industry peers.
  • DECB's Dividend Yield is a higher than the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 2.43%

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

  • DECB pays out 63.80% of its income as dividend. This is not a sustainable payout ratio.
  • DECB's earnings are growing slower than its dividend. 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 (2/6/2026, 5:01:15 PM)

2.355

+0 (+0.21%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)08-20
Earnings (Next)02-26
Inst Owners5.29%
Inst Owner ChangeN/A
Ins Owners42.61%
Ins Owner ChangeN/A
Market Cap326.29M
Revenue(TTM)788.98M
Net Income(TTM)17.31M
Analysts84
Price Target3.32 (40.98%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.43%
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 19.63
Fwd PE 8.55
P/S 0.41
P/FCF 4.81
P/OCF 3.34
P/B 1.02
P/tB 1.1
EV/EBITDA 4.28
EPS(TTM)0.12
EY5.1%
EPS(NY)0.28
Fwd EY11.69%
FCF(TTM)0.49
FCFY20.81%
OCF(TTM)0.7
OCFY29.91%
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 2.6
F-Score7
WACC8.21%
ROIC/WACC0.91
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%.