VOESTALPINE AG (VAS.DE) Stock Fundamental Analysis
Europe - FRA:VAS - AT0000937503 - Common Stock
34.78 EUR
+0.92 (+2.72%)
We assign a fundamental rating of 4 out of 10 to VAS. VAS was compared to 39 industry peers in the Metals & Mining industry. VAS may be in some trouble as it scores bad on both profitability and health. VAS has a correct valuation and a medium growth rate.
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.
VAS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VAS (0.77%) is worse than 61.54% of its industry peers.
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.
The Return On Invested Capital of VAS (2.21%) is worse than 69.23% of its industry peers.
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
VAS has a worse Profit Margin (0.77%) than 61.54% of its industry peers.
In the last couple of years the Profit Margin of VAS has declined.
VAS's Operating Margin of 2.52% is on the low side compared to the rest of the industry. VAS is outperformed by 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.
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.
Compared to 1 year ago, VAS has an improved debt to assets ratio.
2.2 Solvency
VAS has an Altman-Z score of 2.31. 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 2.31, 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.
Looking at the Debt to FCF ratio, with a value of 6.98, VAS is in line with its industry, outperforming 53.85% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that VAS is not too dependend on debt financing.
VAS has a Debt to Equity ratio of 0.31. This is comparable to the rest of the industry: VAS outperforms 43.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.31 |
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.
With a Current ratio value of 1.35, VAS is not doing good in the industry: 84.62% 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 87.18% 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 1031.94%, which is quite impressive.
The earnings per share for VAS have been decreasing by -50.53% on average. This is quite bad
The Revenue has decreased by -5.64% in the past year.
The Revenue has been growing slightly by 4.36% on average over the past years.
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
VAS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.01% yearly.
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
With a Price/Earnings ratio of 53.51, VAS can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as VAS.
VAS's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.47.
Based on the Price/Forward Earnings ratio of 11.15, the valuation of VAS can be described as reasonable.
Based on the Price/Forward Earnings ratio, VAS is valued a bit cheaper than 76.92% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VAS to the average of the S&P500 Index (35.42), we can say VAS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.51 | ||
| Fwd PE | 11.15 |
4.2 Price Multiples
VAS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VAS is cheaper than 79.49% 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 92.31% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.08 | ||
| EV/EBITDA | 5.59 |
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 60.20% in the coming years.
PEG (NY)0.36
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.
VAS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| 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 (11/19/2025, 7:00:00 PM)
34.78
+0.92 (+2.72%)
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 Cap6.21B
Revenue(TTM)15.74B
Net Income(TTM)119.00M
Analysts75.29
Price Target32 (-7.99%)
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)-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 | 53.51 | ||
| Fwd PE | 11.15 | ||
| P/S | 0.4 | ||
| P/FCF | 12.08 | ||
| P/OCF | 3.76 | ||
| P/B | 0.85 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 5.59 |
EPS(TTM)0.65
EY1.87%
EPS(NY)3.12
Fwd EY8.97%
FCF(TTM)2.88
FCFY8.28%
OCF(TTM)9.24
OCFY26.57%
SpS86.81
BVpS40.8
TBVpS33.49
PEG (NY)0.36
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 | 2.31 |
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%.