VOESTALPINE AG (VAS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:VAS - AT0000937503 - Common Stock
39.36 EUR
+1.12 (+2.93%)
We assign a fundamental rating of 4 out of 10 to VAS. VAS was compared to 43 industry peers in the Metals & Mining industry. VAS may be in some trouble as it scores bad on both profitability and health. A decent growth rate in combination with a cheap valuation! Better keep an eye on VAS.
1. Profitability
1.1 Basic Checks
- VAS had positive earnings in the past year.
- In the past year VAS had a positive cash flow from operations.
- VAS had positive earnings in each of the past 5 years.
- In the past 5 years VAS always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of VAS (0.77%) is worse than 69.77% of its industry peers.
- VAS has a Return On Equity of 1.63%. This is in the lower half of the industry: VAS underperforms 69.77% of its industry peers.
- With a Return On Invested Capital value of 2.21%, VAS is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
- The Average Return On Invested Capital over the past 3 years for VAS is below the industry average of 8.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 1.63% | ||
| ROIC | 2.21% |
ROA(3y)2.62%
ROA(5y)3.15%
ROE(3y)5.95%
ROE(5y)7.48%
ROIC(3y)5.56%
ROIC(5y)5.26%
1.3 Margins
- With a Profit Margin value of 0.77%, VAS is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
- VAS's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 2.52%, VAS is not doing good in the industry: 67.44% of the companies in the same industry are doing better.
- VAS's Operating Margin has declined in the last couple of years.
- VAS's Gross Margin of 17.80% is on the low side compared to the rest of the industry. VAS is outperformed by 67.44% of its industry peers.
- VAS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.52% | ||
| PM (TTM) | 0.77% | ||
| GM | 17.8% |
OM growth 3Y-28.69%
OM growth 5YN/A
PM growth 3Y-51.8%
PM growth 5YN/A
GM growth 3Y-7.16%
GM growth 5Y1.22%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VAS is destroying value.
- The number of shares outstanding for VAS remains at a similar level compared to 1 year ago.
- The number of shares outstanding for VAS has been reduced compared to 5 years ago.
- The debt/assets ratio for VAS has been reduced compared to a year ago.
2.2 Solvency
- VAS has an Altman-Z score of 2.37. This is not the best score and indicates that VAS is in the grey zone with still only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.37, VAS is in line with its industry, outperforming 48.84% of the companies in the same industry.
- The Debt to FCF ratio of VAS is 6.98, which is on the high side as it means it would take VAS, 6.98 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of VAS (6.98) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.31 indicates that VAS is not too dependend on debt financing.
- The Debt to Equity ratio of VAS (0.31) is worse than 60.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.37 |
ROIC/WACC0.26
WACC8.35%
2.3 Liquidity
- A Current Ratio of 1.35 indicates that VAS should not have too much problems paying its short term obligations.
- VAS has a worse Current ratio (1.35) than 88.37% of its industry peers.
- VAS has a Quick Ratio of 1.35. This is a bad value and indicates that VAS is not financially healthy enough and could expect problems in meeting its short term obligations.
- VAS has a Quick ratio of 0.53. This is amonst the worse of the industry: VAS underperforms 93.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
- VAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1642.86%, which is quite impressive.
- Measured over the past years, VAS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -50.53% on average per year.
- The Revenue has decreased by -5.64% in the past year.
- Measured over the past years, VAS shows a small growth in Revenue. The Revenue has been growing by 4.36% on average per year.
EPS 1Y (TTM)1642.86%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%260%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-5.31%
3.2 Future
- VAS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.54% yearly.
- VAS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.05% yearly.
EPS Next Y164.55%
EPS Next 2Y100.45%
EPS Next 3Y66.93%
EPS Next 5Y41.54%
Revenue Next Year-4.15%
Revenue Next 2Y-0.43%
Revenue Next 3Y0.63%
Revenue Next 5Y-1.05%
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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 36.44, VAS can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of VAS is on the same level as its industry peers.
- When comparing the Price/Earnings ratio of VAS to the average of the S&P500 Index (27.32), we can say VAS is valued slightly more expensively.
- VAS is valuated reasonably with a Price/Forward Earnings ratio of 11.13.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of VAS indicates a rather cheap valuation: VAS is cheaper than 88.37% of the companies listed in the same industry.
- VAS is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.44 | ||
| Fwd PE | 11.13 |
4.2 Price Multiples
- VAS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VAS is cheaper than 81.40% of the companies in the same industry.
- 93.02% of the companies in the same industry are more expensive than VAS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.67 | ||
| EV/EBITDA | 6.23 |
4.3 Compensation for Growth
- VAS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as VAS's earnings are expected to grow with 66.93% in the coming years.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y100.45%
EPS Next 3Y66.93%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.75%, VAS is a good candidate for dividend investing.
- VAS's Dividend Yield is rather good when compared to the industry average which is at 1.65. VAS pays more dividend than 95.35% of the companies in the same industry.
- VAS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
5.2 History
- The dividend of VAS decreases each year by -10.86%.
Dividend Growth(5Y)-10.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- VAS pays out 100.84% of its income as dividend. This is not a sustainable payout ratio.
DP100.84%
EPS Next 2Y100.45%
EPS Next 3Y66.93%
FRA:VAS (1/21/2026, 7:00:00 PM)
39.36
+1.12 (+2.93%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-12 2025-11-12/dmh
Earnings (Next)02-11 2026-02-11/bmo
Inst Owners23.03%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.03B
Revenue(TTM)15.74B
Net Income(TTM)119.00M
Analysts77.5
Price Target37.79 (-3.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
Yearly Dividend0.7
Dividend Growth(5Y)-10.86%
DP100.84%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-91.19%
Min EPS beat(2)-172.05%
Max EPS beat(2)-10.32%
EPS beat(4)1
Avg EPS beat(4)-62.04%
Min EPS beat(4)-172.05%
Max EPS beat(4)0.17%
EPS beat(8)1
Avg EPS beat(8)-48.04%
EPS beat(12)2
Avg EPS beat(12)-38.44%
EPS beat(16)6
Avg EPS beat(16)-21.97%
Revenue beat(2)0
Avg Revenue beat(2)-3.63%
Min Revenue beat(2)-4.77%
Max Revenue beat(2)-2.48%
Revenue beat(4)1
Avg Revenue beat(4)-1.85%
Min Revenue beat(4)-4.77%
Max Revenue beat(4)0.77%
Revenue beat(8)2
Avg Revenue beat(8)-1.95%
Revenue beat(12)5
Avg Revenue beat(12)0.91%
Revenue beat(16)7
Avg Revenue beat(16)0.16%
PT rev (1m)0%
PT rev (3m)25.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1.04%
EPS NY rev (3m)5.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.44 | ||
| Fwd PE | 11.13 | ||
| P/S | 0.45 | ||
| P/FCF | 13.67 | ||
| P/OCF | 4.26 | ||
| P/B | 0.96 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 6.23 |
EPS(TTM)1.08
EY2.74%
EPS(NY)3.54
Fwd EY8.98%
FCF(TTM)2.88
FCFY7.31%
OCF(TTM)9.24
OCFY23.48%
SpS86.81
BVpS40.8
TBVpS33.49
PEG (NY)0.22
PEG (5Y)N/A
Graham Number31.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 1.63% | ||
| ROCE | 3.92% | ||
| ROIC | 2.21% | ||
| ROICexc | 2.51% | ||
| ROICexgc | 2.9% | ||
| OM | 2.52% | ||
| PM (TTM) | 0.77% | ||
| GM | 17.8% | ||
| FCFM | 3.32% |
ROA(3y)2.62%
ROA(5y)3.15%
ROE(3y)5.95%
ROE(5y)7.48%
ROIC(3y)5.56%
ROIC(5y)5.26%
ROICexc(3y)6.31%
ROICexc(5y)5.9%
ROICexgc(3y)7.4%
ROICexgc(5y)6.97%
ROCE(3y)9.88%
ROCE(5y)9.39%
ROICexgc growth 3Y-25.66%
ROICexgc growth 5YN/A
ROICexc growth 3Y-24.91%
ROICexc growth 5YN/A
OM growth 3Y-28.69%
OM growth 5YN/A
PM growth 3Y-51.8%
PM growth 5YN/A
GM growth 3Y-7.16%
GM growth 5Y1.22%
F-Score5
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Debt/EBITDA | 1.75 | ||
| Cap/Depr | 127.94% | ||
| Cap/Sales | 7.33% | ||
| Interest Coverage | 2.39 | ||
| Cash Conversion | 129% | ||
| Profit Quality | 431.93% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 2.37 |
F-Score5
WACC8.35%
ROIC/WACC0.26
Cap/Depr(3y)101.98%
Cap/Depr(5y)94.91%
Cap/Sales(3y)5.88%
Cap/Sales(5y)5.51%
Profit Quality(3y)195.15%
Profit Quality(5y)617.46%
High Growth Momentum
Growth
EPS 1Y (TTM)1642.86%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%260%
EPS Next Y164.55%
EPS Next 2Y100.45%
EPS Next 3Y66.93%
EPS Next 5Y41.54%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-5.31%
Revenue Next Year-4.15%
Revenue Next 2Y-0.43%
Revenue Next 3Y0.63%
Revenue Next 5Y-1.05%
EBIT growth 1Y-17.8%
EBIT growth 3Y-27.41%
EBIT growth 5YN/A
EBIT Next Year162.93%
EBIT Next 3Y50.06%
EBIT Next 5Y33.87%
FCF growth 1Y-24.03%
FCF growth 3Y-19.09%
FCF growth 5Y-10.92%
OCF growth 1Y8.77%
OCF growth 3Y4.55%
OCF growth 5Y1.73%
VOESTALPINE AG / VAS.DE FAQ
What is the ChartMill fundamental rating of VOESTALPINE AG (VAS.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to VAS.DE.
Can you provide the valuation status for VOESTALPINE AG?
ChartMill assigns a valuation rating of 7 / 10 to VOESTALPINE AG (VAS.DE). This can be considered as Undervalued.
What is the profitability of VAS stock?
VOESTALPINE AG (VAS.DE) has a profitability rating of 2 / 10.
What is the valuation of VOESTALPINE AG based on its PE and PB ratios?
The Price/Earnings (PE) ratio for VOESTALPINE AG (VAS.DE) is 36.44 and the Price/Book (PB) ratio is 0.96.
Can you provide the expected EPS growth for VAS stock?
The Earnings per Share (EPS) of VOESTALPINE AG (VAS.DE) is expected to grow by 164.55% in the next year.