VOESTALPINE AG (VAS.DE) Fundamental Analysis & Valuation
FRA:VAS • AT0000937503
Current stock price
38.9 EUR
-0.88 (-2.21%)
Last:
This VAS.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. VAS.DE Profitability Analysis
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.
- VAS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 1.48%, VAS perfoms like the industry average, outperforming 42.50% of the companies in the same industry.
- VAS has a Return On Equity (3.05%) which is comparable to the rest of the industry.
- With a Return On Invested Capital value of 2.99%, VAS perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for VAS is below the industry average of 8.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 3.05% | ||
| ROIC | 2.99% |
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 Profit Margin of 1.49%. This is comparable to the rest of the industry: VAS outperforms 42.50% of its industry peers.
- VAS's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 3.48%, VAS is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
- VAS's Operating Margin has declined in the last couple of years.
- VAS has a Gross Margin (19.50%) which is in line with its industry peers.
- VAS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.48% | ||
| PM (TTM) | 1.49% | ||
| GM | 19.5% |
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. VAS.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VAS is destroying value.
- The number of shares outstanding for VAS remains at a similar level compared to 1 year ago.
- VAS has less shares outstanding than it did 5 years ago.
- VAS has a better debt/assets ratio than last year.
2.2 Solvency
- VAS has an Altman-Z score of 2.43. 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 (2.43) which is comparable to the rest of the industry.
- The Debt to FCF ratio of VAS is 4.24, which is a neutral value as it means it would take VAS, 4.24 years of fcf income to pay off all of its debts.
- VAS has a Debt to FCF ratio of 4.24. This is in the better half of the industry: VAS outperforms 67.50% of its industry peers.
- VAS has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.28, VAS perfoms like the industry average, outperforming 42.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 4.24 | ||
| Altman-Z | 2.43 |
ROIC/WACC0.34
WACC8.74%
2.3 Liquidity
- VAS has a Current Ratio of 1.33. 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 1.33, VAS is doing worse than 82.50% of the companies in the same industry.
- VAS has a Quick Ratio of 1.33. 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 0.45. This is amonst the worse of the industry: VAS underperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.45 |
3. VAS.DE Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 471.43% over the past year.
- The earnings per share for VAS have been decreasing by -50.53% on average. This is quite bad
- Looking at the last year, VAS shows a decrease in Revenue. The Revenue has decreased by -5.59% in the last year.
- The Revenue has been growing slightly by 4.36% on average over the past years.
EPS 1Y (TTM)471.43%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%169.23%
Revenue 1Y (TTM)-5.59%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-4.09%
3.2 Future
- Based on estimates for the next years, VAS will show a very strong growth in Earnings Per Share. The EPS will grow by 41.51% on average per year.
- Based on estimates for the next years, VAS will show a decrease in Revenue. The Revenue will decrease by -1.07% on average per year.
EPS Next Y160.25%
EPS Next 2Y107.09%
EPS Next 3Y71.44%
EPS Next 5Y41.51%
Revenue Next Year-5.15%
Revenue Next 2Y-0.81%
Revenue Next 3Y0.42%
Revenue Next 5Y-1.07%
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. VAS.DE Valuation Analysis
4.1 Price/Earnings Ratio
- VAS is valuated quite expensively with a Price/Earnings ratio of 29.92.
- VAS's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 26.21. VAS is around the same levels.
- VAS is valuated reasonably with a Price/Forward Earnings ratio of 10.31.
- VAS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VAS is cheaper than 72.50% of the companies in the same industry.
- VAS is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.92 | ||
| Fwd PE | 10.31 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, VAS is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
- 97.50% 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 | 9.21 | ||
| EV/EBITDA | 5.85 |
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.
- A more expensive valuation may be justified as VAS's earnings are expected to grow with 71.44% in the coming years.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y107.09%
EPS Next 3Y71.44%
5. VAS.DE Dividend Analysis
5.1 Amount
- VAS has a Yearly Dividend Yield of 5.75%, which is a nice return.
- VAS's Dividend Yield is rather good when compared to the industry average which is at 1.95. VAS pays more dividend than 95.00% of the companies in the same industry.
- VAS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| 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
- 45.65% of the earnings are spent on dividend by VAS. This is a bit on the high side, but may be sustainable.
DP45.65%
EPS Next 2Y107.09%
EPS Next 3Y71.44%
VAS.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:VAS (4/2/2026, 7:00:00 PM)
38.9
-0.88 (-2.21%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-11 2026-02-11/bmo
Earnings (Next)06-03 2026-06-03/bmo
Inst Owners25.69%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.95B
Revenue(TTM)15.14B
Net Income(TTM)225.40M
Analysts72
Price Target45.13 (16.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
Yearly Dividend0.7
Dividend Growth(5Y)-10.86%
DP45.65%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.13%
Min EPS beat(2)-3.6%
Max EPS beat(2)29.85%
EPS beat(4)1
Avg EPS beat(4)-39.03%
Min EPS beat(4)-172.05%
Max EPS beat(4)29.85%
EPS beat(8)2
Avg EPS beat(8)-40.24%
EPS beat(12)3
Avg EPS beat(12)-31.16%
EPS beat(16)5
Avg EPS beat(16)-21.03%
Revenue beat(2)0
Avg Revenue beat(2)-1.51%
Min Revenue beat(2)-1.51%
Max Revenue beat(2)-1.5%
Revenue beat(4)0
Avg Revenue beat(4)-2.57%
Min Revenue beat(4)-4.77%
Max Revenue beat(4)-1.5%
Revenue beat(8)1
Avg Revenue beat(8)-2.06%
Revenue beat(12)3
Avg Revenue beat(12)-0.93%
Revenue beat(16)6
Avg Revenue beat(16)0.15%
PT rev (1m)0%
PT rev (3m)19.44%
EPS NQ rev (1m)-8.45%
EPS NQ rev (3m)-8.56%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.62%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)-1.69%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.92 | ||
| Fwd PE | 10.31 | ||
| P/S | 0.46 | ||
| P/FCF | 9.21 | ||
| P/OCF | 3.85 | ||
| P/B | 0.94 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 5.85 |
EPS(TTM)1.3
EY3.34%
EPS(NY)3.77
Fwd EY9.7%
FCF(TTM)4.22
FCFY10.85%
OCF(TTM)10.1
OCFY25.96%
SpS84.8
BVpS41.37
TBVpS34.07
PEG (NY)0.19
PEG (5Y)N/A
Graham Number34.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 3.05% | ||
| ROCE | 5.33% | ||
| ROIC | 2.99% | ||
| ROICexc | 3.26% | ||
| ROICexgc | 3.75% | ||
| OM | 3.48% | ||
| PM (TTM) | 1.49% | ||
| GM | 19.5% | ||
| FCFM | 4.98% |
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-Score6
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 4.24 | ||
| Debt/EBITDA | 1.48 | ||
| Cap/Depr | 118.19% | ||
| Cap/Sales | 6.93% | ||
| Interest Coverage | 3.65 | ||
| Cash Conversion | 127.47% | ||
| Profit Quality | 334.43% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 2.43 |
F-Score6
WACC8.74%
ROIC/WACC0.34
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)471.43%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%169.23%
EPS Next Y160.25%
EPS Next 2Y107.09%
EPS Next 3Y71.44%
EPS Next 5Y41.51%
Revenue 1Y (TTM)-5.59%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-4.09%
Revenue Next Year-5.15%
Revenue Next 2Y-0.81%
Revenue Next 3Y0.42%
Revenue Next 5Y-1.07%
EBIT growth 1Y118.19%
EBIT growth 3Y-27.41%
EBIT growth 5YN/A
EBIT Next Year162.05%
EBIT Next 3Y51.94%
EBIT Next 5Y33.85%
FCF growth 1Y-24.79%
FCF growth 3Y-19.09%
FCF growth 5Y-10.92%
OCF growth 1Y-9.17%
OCF growth 3Y4.55%
OCF growth 5Y1.73%
VOESTALPINE AG / VAS.DE Fundamental Analysis FAQ
What is the ChartMill fundamental rating of VOESTALPINE AG (VAS.DE) stock?
ChartMill assigns a fundamental rating of 5 / 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.
How profitable is VOESTALPINE AG (VAS.DE) stock?
VOESTALPINE AG (VAS.DE) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for VAS stock?
The Price/Earnings (PE) ratio for VOESTALPINE AG (VAS.DE) is 29.92 and the Price/Book (PB) ratio is 0.94.
Is the dividend of VOESTALPINE AG sustainable?
The dividend rating of VOESTALPINE AG (VAS.DE) is 6 / 10 and the dividend payout ratio is 45.65%.