VOESTALPINE AG (VAS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:VAS - AT0000937503 - Common Stock
37.26 EUR
-0.28 (-0.75%)
Taking everything into account, VAS scores 4 out of 10 in our fundamental rating. VAS was compared to 40 industry peers in the Metals & Mining industry. VAS has a bad profitability rating. Also its financial health evaluation is rather negative. VAS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year VAS was profitable.
In the past year VAS had a positive cash flow from operations.
Each year in the past 5 years VAS has been profitable.
Each year in the past 5 years VAS had a positive operating cash flow.
1.2 Ratios
VAS has a Return On Assets of 0.77%. This is in the lower half of the industry: VAS underperforms 63.16% of its industry peers.
VAS has a worse Return On Equity (1.63%) than 65.79% of its industry peers.
VAS has a worse Return On Invested Capital (2.21%) than 65.79% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VAS is in line with the industry average of 7.31%.
| 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
VAS has a worse Profit Margin (0.77%) than 63.16% of its industry peers.
In the last couple of years the Profit Margin of VAS has declined.
Looking at the Operating Margin, with a value of 2.52%, VAS is doing worse than 63.16% of the companies in the same industry.
In the last couple of years the Operating Margin of VAS has declined.
The Gross Margin of VAS (17.80%) is worse than 63.16% 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.
Compared to 1 year ago, VAS has about the same amount of shares outstanding.
VAS has less shares outstanding than it did 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 2.34. 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.
VAS has a Altman-Z score (2.34) which is comparable to the rest of the 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.
VAS has a Debt to FCF ratio (6.98) which is comparable to the rest of the industry.
VAS has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
VAS has a Debt to Equity ratio of 0.31. This is comparable to the rest of the industry: VAS outperforms 42.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.34 |
ROIC/WACC0.28
WACC7.84%
2.3 Liquidity
VAS has a Current Ratio of 1.35. This is a normal value and indicates that VAS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.35, VAS is doing worse than 84.21% of the companies in the same industry.
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.
With a Quick ratio value of 0.53, VAS is not doing good in the industry: 89.47% of the companies in the same industry are doing better.
| 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 1642.86% over the past year.
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.
Looking at the last year, VAS shows a decrease in Revenue. The Revenue has decreased by -5.64% in the last year.
The Revenue has been growing slightly by 4.36% on average over the past years.
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 42.05% yearly.
Based on estimates for the next years, VAS will show a decrease in Revenue. The Revenue will decrease by -0.69% on average per year.
EPS Next Y164.55%
EPS Next 2Y100.45%
EPS Next 3Y66.93%
EPS Next 5Y42.05%
Revenue Next Year-4.15%
Revenue Next 2Y-0.43%
Revenue Next 3Y0.63%
Revenue Next 5Y-0.69%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.50 indicates a quite expensive valuation of VAS.
VAS's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.92. VAS is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 10.54, the valuation of VAS can be described as reasonable.
VAS's Price/Forward Earnings ratio is rather cheap when compared to the industry. VAS is cheaper than 86.84% of the companies in the same industry.
VAS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.5 | ||
| Fwd PE | 10.54 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VAS is valued a bit cheaper than 76.32% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VAS indicates a rather cheap valuation: VAS is cheaper than 92.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.94 | ||
| EV/EBITDA | 5.94 |
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.
VAS's earnings are expected to grow with 66.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y100.45%
EPS Next 3Y66.93%
5. Dividend
5.1 Amount
VAS has a Yearly Dividend Yield of 5.75%, which is a nice return.
Compared to an average industry Dividend Yield of 1.95, VAS pays a better dividend. On top of this VAS pays more dividend than 94.74% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, 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 2Y100.45%
EPS Next 3Y66.93%
FRA:VAS (12/23/2025, 7:00:00 PM)
37.26
-0.28 (-0.75%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners22.96%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.65B
Revenue(TTM)15.74B
Net Income(TTM)119.00M
Analysts78.75
Price Target37.79 (1.42%)
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)12.61%
PT rev (3m)28.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.26%
EPS NY rev (1m)6.01%
EPS NY rev (3m)5.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)-1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.5 | ||
| Fwd PE | 10.54 | ||
| P/S | 0.43 | ||
| P/FCF | 12.94 | ||
| P/OCF | 4.03 | ||
| P/B | 0.91 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 5.94 |
EPS(TTM)1.08
EY2.9%
EPS(NY)3.54
Fwd EY9.49%
FCF(TTM)2.88
FCFY7.73%
OCF(TTM)9.24
OCFY24.8%
SpS86.81
BVpS40.8
TBVpS33.49
PEG (NY)0.21
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 | 2.34 |
F-Score5
WACC7.84%
ROIC/WACC0.28
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 5Y42.05%
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-0.69%
EBIT growth 1Y-17.8%
EBIT growth 3Y-27.41%
EBIT growth 5YN/A
EBIT Next Year162.93%
EBIT Next 3Y50.06%
EBIT Next 5Y34.36%
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 3 / 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 164.55% 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%.