VOESTALPINE AG (VAS.DE) Stock Fundamental Analysis
Europe - FRA:VAS - AT0000937503 - Common Stock
32.28 EUR
+1.14 (+3.66%)
VAS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Metals & Mining industry. Both the profitability and financial health of VAS have multiple concerns. 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.
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
VAS has a Return On Assets (0.77%) which is in line with its industry peers.
With a Return On Equity value of 1.63%, VAS perfoms like the industry average, outperforming 42.50% 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: 62.50% 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 7.80%.
| 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
The Profit Margin of VAS (0.77%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of VAS has declined.
The Operating Margin of VAS (2.52%) is worse than 62.50% of its industry peers.
VAS's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 17.80%, VAS is doing worse than 65.00% of the companies in the same industry.
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.
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 2.28. 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.
With a Altman-Z score value of 2.28, VAS perfoms like the industry average, outperforming 57.50% of the companies in the same 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's Debt to FCF ratio of 6.98 is in line compared to the rest of the industry. VAS outperforms 55.00% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that VAS is not too dependend on debt financing.
VAS has a Debt to Equity ratio (0.31) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.28 |
ROIC/WACC0.31
WACC7.23%
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.
The Current ratio of VAS (1.35) is worse than 80.00% of its industry peers.
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.
Looking at the Quick ratio, with a value of 0.53, VAS is doing worse than 85.00% of the companies in the same industry.
| 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 109.09%, which is quite impressive.
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 -5.40% in the last year.
Measured over the past years, VAS shows a small growth in Revenue. The Revenue has been growing by 4.36% on average per year.
EPS 1Y (TTM)109.09%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%-24.68%
Revenue 1Y (TTM)-5.4%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-5.89%
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 38.63% on average per year.
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.
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 46.78 indicates a quite expensive valuation of VAS.
VAS's Price/Earnings ratio is in line with the industry average.
VAS is valuated expensively when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.35, which indicates a very decent valuation of VAS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VAS indicates a somewhat cheap valuation: VAS is cheaper than 75.00% of the companies listed 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 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.78 | ||
| Fwd PE | 10.35 |
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 80.00% 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 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.21 | ||
| EV/EBITDA | 5.25 |
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)0.31
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 2.63, VAS pays a better dividend. On top of this VAS pays more dividend than 95.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, 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 2Y88.28%
EPS Next 3Y60.2%
FRA:VAS (11/7/2025, 7:00:00 PM)
32.28
+1.14 (+3.66%)
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 Cap5.76B
Revenue(TTM)15.50B
Net Income(TTM)119.00M
Analysts75.29
Price Target32.06 (-0.68%)
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)6.56%
PT rev (3m)13.41%
EPS NQ rev (1m)-6.26%
EPS NQ rev (3m)18.15%
EPS NY rev (1m)-0.86%
EPS NY rev (3m)-6.63%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-2.34%
Revenue NY rev (1m)-0.79%
Revenue NY rev (3m)-1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.78 | ||
| Fwd PE | 10.35 | ||
| P/S | 0.37 | ||
| P/FCF | 11.21 | ||
| P/OCF | 3.49 | ||
| P/B | 0.79 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 5.25 |
EPS(TTM)0.69
EY2.14%
EPS(NY)3.12
Fwd EY9.66%
FCF(TTM)2.88
FCFY8.92%
OCF(TTM)9.24
OCFY28.63%
SpS86.81
BVpS40.8
TBVpS33.49
PEG (NY)0.31
PEG (5Y)N/A
Graham Number25.17
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 | 2.28 |
F-Score5
WACC7.23%
ROIC/WACC0.31
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)109.09%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%-24.68%
EPS Next Y149.56%
EPS Next 2Y88.28%
EPS Next 3Y60.2%
EPS Next 5Y38.63%
Revenue 1Y (TTM)-5.4%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-5.89%
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 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 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%.