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 42 industry peers in the Metals & Mining industry. Both the profitability and financial health of VAS have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on VAS.
1. Profitability
1.1 Basic Checks
In the past year VAS was profitable.
VAS had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 0.77%, VAS is doing worse than 64.29% of the companies in the same industry.
VAS's Return On Equity of 1.63% is on the low side compared to the rest of the industry. VAS is outperformed by 64.29% of its industry peers.
The Return On Invested Capital of VAS (2.21%) is worse than 64.29% 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 7.48%.
| 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
Looking at the Profit Margin, with a value of 0.77%, VAS is doing worse than 64.29% of the companies in the same industry.
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 61.90% of the companies in the same industry.
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 64.29% of the companies in the same industry.
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.
Compared to 1 year ago, VAS has about the same amount of shares outstanding.
Compared to 5 years ago, VAS has less shares outstanding
VAS has a better debt/assets ratio than last year.
2.2 Solvency
VAS has an Altman-Z score of 2.37. 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 (2.37) 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.
Looking at the Debt to FCF ratio, with a value of 6.98, VAS is in line with its industry, outperforming 57.14% of the companies in the same 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 (0.31) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.37 |
ROIC/WACC0.27
WACC8.11%
2.3 Liquidity
A Current Ratio of 1.35 indicates that VAS should not have too much problems paying its short term obligations.
VAS has a Current ratio of 1.35. This is amonst the worse of the industry: VAS underperforms 85.71% of its industry peers.
A Quick Ratio of 0.53 indicates that VAS may have some problems paying its short term obligations.
VAS has a worse Quick ratio (0.53) than 90.48% 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.
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.
The Revenue has decreased by -5.64% in the past year.
VAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.36% yearly.
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 41.54% on average over the next years. This is a very strong growth
Based on estimates for the next years, VAS will show a decrease in Revenue. The Revenue will decrease by -1.05% on average per year.
EPS Next Y164.55%
EPS Next 2Y100.45%
EPS Next 3Y66.93%
EPS Next 5Y41.54%
Revenue Next Year-4.15%
Revenue Next 2Y-0.43%
Revenue Next 3Y0.63%
Revenue Next 5Y-1.05%
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
VAS is valuated quite expensively with a Price/Earnings ratio of 36.83.
Compared to the rest of the industry, the Price/Earnings ratio of VAS is on the same level as its industry peers.
VAS is valuated rather expensively when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.25, which indicates a very decent valuation of VAS.
Based on the Price/Forward Earnings ratio, VAS is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, VAS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.83 | ||
| Fwd PE | 11.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VAS is valued cheaper than 80.95% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VAS is valued cheaper than 90.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.82 | ||
| EV/EBITDA | 6.29 |
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
VAS has a Yearly Dividend Yield of 5.75%, which is a nice return.
Compared to an average industry Dividend Yield of 1.66, VAS pays a better dividend. On top of this VAS pays more dividend than 95.24% 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 1.92.
| 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
Analysts77.5
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)0%
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 | 6.29 |
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 | 2.37 |
F-Score5
WACC8.11%
ROIC/WACC0.27
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 5Y41.54%
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-1.05%
EBIT growth 1Y-17.8%
EBIT growth 3Y-27.41%
EBIT growth 5YN/A
EBIT Next Year162.93%
EBIT Next 3Y50.06%
EBIT Next 5Y33.87%
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 7 / 10 to VOESTALPINE AG (VAS.DE). This can be considered as Undervalued.
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.