VOESTALPINE AG (VAS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:VAS - AT0000937503 - Common Stock
39.78 EUR
+0.64 (+1.64%)
Taking everything into account, VAS scores 4 out of 10 in our fundamental rating. VAS was compared to 41 industry peers in the Metals & Mining industry. VAS has a bad profitability rating. Also its financial health evaluation is rather negative. VAS has a correct valuation and a medium growth rate.
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
VAS has a worse Return On Assets (0.77%) than 60.98% of its industry peers.
VAS has a worse Return On Equity (1.63%) than 63.41% of its industry peers.
VAS has a Return On Invested Capital of 2.21%. This is in the lower half of the industry: VAS underperforms 63.41% 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 7.46%.
| 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 Profit Margin of 0.77%. This is in the lower half of the industry: VAS underperforms 60.98% of its industry peers.
VAS's Profit Margin has declined in the last couple of years.
VAS has a worse Operating Margin (2.52%) than 60.98% of its industry peers.
In the last couple of years the Operating Margin of VAS has declined.
The Gross Margin of VAS (17.80%) is worse than 65.85% 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
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.
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
An Altman-Z score of 2.36 indicates that VAS is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.36, VAS perfoms like the industry average, outperforming 56.10% 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.
VAS has a Debt to FCF ratio (6.98) which is in line with its industry peers.
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 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.36 |
ROIC/WACC0.28
WACC7.88%
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.
With a Current ratio value of 1.35, VAS is not doing good in the industry: 82.93% of the companies in the same industry are doing better.
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.
The Quick ratio of VAS (0.53) is worse than 87.80% 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 1642.86% 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%.
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
The Earnings Per Share is expected to grow by 42.05% on average over the next years. This is a very strong growth
VAS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.69% yearly.
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.
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 36.83, 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.
The average S&P500 Price/Earnings ratio is at 27.19. VAS is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 11.25, the valuation of VAS can be described as reasonable.
87.80% of the companies in the same industry are more expensive than VAS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, VAS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.83 | ||
| Fwd PE | 11.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VAS indicates a somewhat cheap valuation: VAS is cheaper than 78.05% of the companies listed in the same industry.
VAS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VAS is cheaper than 90.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.82 | ||
| EV/EBITDA | 6.2 |
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 1.71. VAS pays more dividend than 95.12% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, 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
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 (1/9/2026, 7:00:00 PM)
39.78
+0.64 (+1.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners23.03%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.10B
Revenue(TTM)15.74B
Net Income(TTM)119.00M
Analysts78.75
Price Target37.79 (-5%)
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)25.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.26%
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 | 36.83 | ||
| Fwd PE | 11.25 | ||
| P/S | 0.46 | ||
| P/FCF | 13.82 | ||
| P/OCF | 4.3 | ||
| P/B | 0.98 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 6.2 |
EPS(TTM)1.08
EY2.71%
EPS(NY)3.54
Fwd EY8.89%
FCF(TTM)2.88
FCFY7.24%
OCF(TTM)9.24
OCFY23.23%
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 | 2.36 |
F-Score5
WACC7.88%
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.
Can you provide the valuation status for VOESTALPINE AG?
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 valuation of VOESTALPINE AG based on its PE and PB ratios?
The Price/Earnings (PE) ratio for VOESTALPINE AG (VAS.DE) is 36.83 and the Price/Book (PB) ratio is 0.98.
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.