VAN DE VELDE NV (VAN.BR) Stock Fundamental Analysis
EBR:VAN - Euronext Brussels - BE0003839561 - Common Stock - Currency: EUR
VAN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 42 industry peers in the Textiles, Apparel & Luxury Goods industry. VAN gets an excellent profitability rating and is at the same time showing great financial health properties. VAN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year VAN was profitable.
In the past year VAN had a positive cash flow from operations.
In the past 5 years VAN has always been profitable.
Each year in the past 5 years VAN had a positive operating cash flow.
1.2 Ratios
VAN has a better Return On Assets (16.25%) than 93.18% of its industry peers.
VAN has a better Return On Equity (20.52%) than 77.27% of its industry peers.
VAN has a Return On Invested Capital of 18.99%. This is amongst the best in the industry. VAN outperforms 93.18% of its industry peers.
VAN had an Average Return On Invested Capital over the past 3 years of 20.30%. This is significantly above the industry average of 10.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.25% | ||
| ROE | 20.52% | ||
| ROIC | 18.99% |
ROA(3y)16.57%
ROA(5y)13.67%
ROE(3y)20.61%
ROE(5y)17.35%
ROIC(3y)20.3%
ROIC(5y)17.4%
1.3 Margins
VAN has a Profit Margin of 15.35%. This is amongst the best in the industry. VAN outperforms 90.91% of its industry peers.
VAN's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 18.99%, VAN is in the better half of the industry, outperforming 79.55% of the companies in the same industry.
VAN's Operating Margin has improved in the last couple of years.
VAN has a Gross Margin of 81.86%. This is amongst the best in the industry. VAN outperforms 95.45% of its industry peers.
VAN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.99% | ||
| PM (TTM) | 15.35% | ||
| GM | 81.86% |
OM growth 3Y15.82%
OM growth 5Y7.37%
PM growth 3Y18.1%
PM growth 5Y5.04%
GM growth 3Y0.4%
GM growth 5Y0.27%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), VAN is creating value.
VAN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for VAN has been reduced compared to 5 years ago.
VAN has a worse debt/assets ratio than last year.
2.2 Solvency
VAN has an Altman-Z score of 9.32. This indicates that VAN is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 9.32, VAN belongs to the best of the industry, outperforming 93.18% of the companies in the same industry.
The Debt to FCF ratio of VAN is 0.25, which is an excellent value as it means it would take VAN, only 0.25 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.25, VAN belongs to the best of the industry, outperforming 97.73% of the companies in the same industry.
VAN has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of VAN (0.05) is better than 95.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.25 | ||
| Altman-Z | 9.32 |
ROIC/WACC2.51
WACC7.58%
2.3 Liquidity
A Current Ratio of 3.73 indicates that VAN has no problem at all paying its short term obligations.
The Current ratio of VAN (3.73) is better than 93.18% of its industry peers.
A Quick Ratio of 2.36 indicates that VAN has no problem at all paying its short term obligations.
VAN's Quick ratio of 2.36 is amongst the best of the industry. VAN outperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.73 | ||
| Quick Ratio | 2.36 |
3. Growth
3.1 Past
VAN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.64%.
Measured over the past 5 years, VAN shows a small growth in Earnings Per Share. The EPS has been growing by 6.33% on average per year.
VAN shows a decrease in Revenue. In the last year, the revenue decreased by -6.45%.
VAN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.59% yearly.
EPS 1Y (TTM)-11.64%
EPS 3Y33.02%
EPS 5Y6.33%
EPS Q2Q%-9.41%
Revenue 1Y (TTM)-6.45%
Revenue growth 3Y11.52%
Revenue growth 5Y0.59%
Sales Q2Q%-6.1%
3.2 Future
VAN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.27% yearly.
Based on estimates for the next years, VAN will show a small growth in Revenue. The Revenue will grow by 2.69% on average per year.
EPS Next Y-14.11%
EPS Next 2Y-3.82%
EPS Next 3Y-0.36%
EPS Next 5Y3.27%
Revenue Next Year-6.89%
Revenue Next 2Y-1.58%
Revenue Next 3Y0.08%
Revenue Next 5Y2.69%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.54, VAN is valued correctly.
88.64% of the companies in the same industry are more expensive than VAN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.35, VAN is valued rather cheaply.
A Price/Forward Earnings ratio of 11.70 indicates a reasonable valuation of VAN.
Based on the Price/Forward Earnings ratio, VAN is valued cheaply inside the industry as 88.64% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.10. VAN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.54 | ||
| Fwd PE | 11.7 |
4.2 Price Multiples
63.64% of the companies in the same industry are more expensive than VAN, based on the Enterprise Value to EBITDA ratio.
63.64% of the companies in the same industry are more expensive than VAN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.61 | ||
| EV/EBITDA | 7.06 |
4.3 Compensation for Growth
The excellent profitability rating of VAN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.98
EPS Next 2Y-3.82%
EPS Next 3Y-0.36%
5. Dividend
5.1 Amount
VAN has a Yearly Dividend Yield of 5.54%, which is a nice return.
Compared to an average industry Dividend Yield of 3.02, VAN pays a better dividend. On top of this VAN pays more dividend than 90.91% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, VAN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
5.2 History
On average, the dividend of VAN grows each year by 17.14%, which is quite nice.
Dividend Growth(5Y)17.14%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
98.26% of the earnings are spent on dividend by VAN. This is not a sustainable payout ratio.
The dividend of VAN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP98.26%
EPS Next 2Y-3.82%
EPS Next 3Y-0.36%
EBR:VAN (3/7/2025, 7:00:00 PM)
30.6
+0.3 (+0.99%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners5.54%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap392.60M
Analysts80
Price Target36.47 (19.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
Yearly Dividend2.27
Dividend Growth(5Y)17.14%
DP98.26%
Div Incr Years3
Div Non Decr Years3
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)-1.11%
Revenue NY rev (3m)-1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.54 | ||
| Fwd PE | 11.7 | ||
| P/S | 1.93 | ||
| P/FCF | 9.61 | ||
| P/OCF | 7.52 | ||
| P/B | 2.57 | ||
| P/tB | 3.08 | ||
| EV/EBITDA | 7.06 |
EPS(TTM)2.44
EY7.97%
EPS(NY)2.62
Fwd EY8.55%
FCF(TTM)3.19
FCFY10.41%
OCF(TTM)4.07
OCFY13.31%
SpS15.9
BVpS11.89
TBVpS9.95
PEG (NY)N/A
PEG (5Y)1.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.25% | ||
| ROE | 20.52% | ||
| ROCE | 23.94% | ||
| ROIC | 18.99% | ||
| ROICexc | 27.82% | ||
| ROICexgc | 35.93% | ||
| OM | 18.99% | ||
| PM (TTM) | 15.35% | ||
| GM | 81.86% | ||
| FCFM | 20.04% |
ROA(3y)16.57%
ROA(5y)13.67%
ROE(3y)20.61%
ROE(5y)17.35%
ROIC(3y)20.3%
ROIC(5y)17.4%
ROICexc(3y)32.17%
ROICexc(5y)28.94%
ROICexgc(3y)41.61%
ROICexgc(5y)40.1%
ROCE(3y)25.59%
ROCE(5y)21.94%
ROICexcg growth 3Y-6%
ROICexcg growth 5Y9.39%
ROICexc growth 3Y4.97%
ROICexc growth 5Y9.58%
OM growth 3Y15.82%
OM growth 5Y7.37%
PM growth 3Y18.1%
PM growth 5Y5.04%
GM growth 3Y0.4%
GM growth 5Y0.27%
F-Score5
Asset Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.25 | ||
| Debt/EBITDA | 0.14 | ||
| Cap/Depr | 103.27% | ||
| Cap/Sales | 5.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.04% | ||
| Profit Quality | 130.61% | ||
| Current Ratio | 3.73 | ||
| Quick Ratio | 2.36 | ||
| Altman-Z | 9.32 |
F-Score5
WACC7.58%
ROIC/WACC2.51
Cap/Depr(3y)79.04%
Cap/Depr(5y)58.15%
Cap/Sales(3y)4.14%
Cap/Sales(5y)3.38%
Profit Quality(3y)108.37%
Profit Quality(5y)146.47%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.64%
EPS 3Y33.02%
EPS 5Y6.33%
EPS Q2Q%-9.41%
EPS Next Y-14.11%
EPS Next 2Y-3.82%
EPS Next 3Y-0.36%
EPS Next 5Y3.27%
Revenue 1Y (TTM)-6.45%
Revenue growth 3Y11.52%
Revenue growth 5Y0.59%
Sales Q2Q%-6.1%
Revenue Next Year-6.89%
Revenue Next 2Y-1.58%
Revenue Next 3Y0.08%
Revenue Next 5Y2.69%
EBIT growth 1Y-21.23%
EBIT growth 3Y29.16%
EBIT growth 5Y8.01%
EBIT Next Year6.04%
EBIT Next 3Y6.38%
EBIT Next 5YN/A
FCF growth 1Y14.99%
FCF growth 3Y13.99%
FCF growth 5Y54.94%
OCF growth 1Y27.54%
OCF growth 3Y21.41%
OCF growth 5Y25.36%