VOESTALPINE AG (VAS.DE) Stock Fundamental Analysis
Europe - FRA:VAS - AT0000937503 - Common Stock
33.86 EUR
-0.88 (-2.53%)
VAS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 industry peers in the Metals & Mining industry. VAS has a bad profitability rating. Also its financial health evaluation is rather negative. VAS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VAS was profitable.
VAS had a positive operating cash flow in the past year.
In the past 5 years VAS has always been profitable.
In the past 5 years VAS always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.77%, VAS is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 1.63%, VAS is doing worse than 64.10% of the companies in the same industry.
With a Return On Invested Capital value of 2.21%, VAS is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
VAS had an Average Return On Invested Capital over the past 3 years of 5.56%. This is below the industry average of 7.93%.
| 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
Looking at the Profit Margin, with a value of 0.77%, VAS is doing worse than 61.54% of the companies in the same industry.
VAS's Profit Margin has declined in the last couple of years.
VAS has a worse Operating Margin (2.52%) than 66.67% of its industry peers.
In the last couple of years the Operating Margin of VAS has declined.
VAS has a Gross Margin of 17.80%. This is in the lower half of the industry: VAS underperforms 66.67% of its industry peers.
In the last couple of years the Gross Margin of VAS has remained more or less at the same level.
| 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.
Compared to 1 year ago, VAS has about the same amount of shares outstanding.
Compared to 5 years ago, VAS has less shares outstanding
Compared to 1 year ago, VAS has an improved debt to assets ratio.
2.2 Solvency
VAS has an Altman-Z score of 2.30. 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 2.30, VAS is in line with its industry, outperforming 51.28% of the companies in the same industry.
VAS has a debt to FCF ratio of 6.98. This is a slightly negative value and a sign of low solvency as VAS would need 6.98 years to pay back of all of its debts.
With a Debt to FCF ratio value of 6.98, VAS perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
VAS has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.31, VAS is in line with its industry, outperforming 43.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.29
WACC7.57%
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 84.62% of its industry peers.
A Quick Ratio of 0.53 indicates that VAS may have some problems paying its short term obligations.
The Quick ratio of VAS (0.53) is worse than 87.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1031.94% over the past year.
VAS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -50.53% yearly.
VAS shows a decrease in Revenue. In the last year, the revenue decreased by -5.64%.
VAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.36% yearly.
EPS 1Y (TTM)1031.94%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%-25.09%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-4.34%
3.2 Future
The Earnings Per Share is expected to grow by 38.63% on average over the next years. This is a very strong growth
Based on estimates for the next years, VAS will show a decrease in Revenue. The Revenue will decrease by -0.01% on average per year.
EPS Next Y149.56%
EPS Next 2Y88.28%
EPS Next 3Y60.2%
EPS Next 5Y38.63%
Revenue Next Year-3.31%
Revenue Next 2Y-0.25%
Revenue Next 3Y0.86%
Revenue Next 5Y-0.01%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
VAS is valuated quite expensively with a Price/Earnings ratio of 52.09.
The rest of the industry has a similar Price/Earnings ratio as VAS.
VAS is valuated expensively when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.85, the valuation of VAS can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VAS indicates a somewhat cheap valuation: VAS is cheaper than 76.92% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.98. VAS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.09 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
79.49% of the companies in the same industry are more expensive than VAS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, VAS is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.76 | ||
| EV/EBITDA | 5.47 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VAS's earnings are expected to grow with 60.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y88.28%
EPS Next 3Y60.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.75%, VAS is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.56, VAS pays a better dividend. On top of this VAS pays more dividend than 94.87% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, VAS pays a better dividend.
| 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
100.84% of the earnings are spent on dividend by VAS. This is not a sustainable payout ratio.
DP100.84%
EPS Next 2Y88.28%
EPS Next 3Y60.2%
FRA:VAS (11/18/2025, 7:00:00 PM)
33.86
-0.88 (-2.53%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners23.46%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.05B
Revenue(TTM)15.74B
Net Income(TTM)119.00M
Analysts75.29
Price Target32 (-5.49%)
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)-47.03%
EPS beat(12)2
Avg EPS beat(12)-37.76%
EPS beat(16)6
Avg EPS beat(16)-21.46%
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)-1.94%
Revenue beat(12)5
Avg Revenue beat(12)0.92%
Revenue beat(16)7
Avg Revenue beat(16)0.17%
PT rev (1m)6.36%
PT rev (3m)13.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.73%
EPS NY rev (1m)-0.86%
EPS NY rev (3m)-6.63%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-1.26%
Revenue NY rev (1m)-0.79%
Revenue NY rev (3m)-1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.09 | ||
| Fwd PE | 10.85 | ||
| P/S | 0.39 | ||
| P/FCF | 11.76 | ||
| P/OCF | 3.66 | ||
| P/B | 0.83 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 5.47 |
EPS(TTM)0.65
EY1.92%
EPS(NY)3.12
Fwd EY9.21%
FCF(TTM)2.88
FCFY8.5%
OCF(TTM)9.24
OCFY27.29%
SpS86.81
BVpS40.8
TBVpS33.49
PEG (NY)0.35
PEG (5Y)N/A
Graham Number24.43
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 | 2.3 |
F-Score5
WACC7.57%
ROIC/WACC0.29
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)1031.94%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%-25.09%
EPS Next Y149.56%
EPS Next 2Y88.28%
EPS Next 3Y60.2%
EPS Next 5Y38.63%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-4.34%
Revenue Next Year-3.31%
Revenue Next 2Y-0.25%
Revenue Next 3Y0.86%
Revenue Next 5Y-0.01%
EBIT growth 1Y-17.8%
EBIT growth 3Y-27.41%
EBIT growth 5YN/A
EBIT Next Year160.47%
EBIT Next 3Y47.43%
EBIT Next 5Y33.24%
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.
What is the valuation status for VAS stock?
ChartMill assigns a valuation rating of 6 / 10 to VOESTALPINE AG (VAS.DE). This can be considered as Fairly Valued.
What is the profitability of VAS stock?
VOESTALPINE AG (VAS.DE) has a profitability rating of 2 / 10.
What is the earnings growth outlook for VOESTALPINE AG?
The Earnings per Share (EPS) of VOESTALPINE AG (VAS.DE) is expected to grow by 149.56% in the next year.
How sustainable is the dividend of VOESTALPINE AG (VAS.DE) stock?
The dividend rating of VOESTALPINE AG (VAS.DE) is 5 / 10 and the dividend payout ratio is 100.84%.