VASTNED NV (VASTB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:VASTB - BE0003754687 - REIT
30.9 EUR
+0.1 (+0.32%)
Taking everything into account, VASTB scores 3 out of 10 in our fundamental rating. VASTB was compared to 40 industry peers in the Diversified REITs industry. VASTB has a medium profitability rating, but doesn't score so well on its financial health evaluation. VASTB has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally VASTB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year VASTB was profitable.
In the past year VASTB had a positive cash flow from operations.
VASTB had positive earnings in 4 of the past 5 years.
In the past 5 years VASTB always reported a positive cash flow from operatings.
1.2 Ratios
VASTB's Return On Assets of 0.83% is on the low side compared to the rest of the industry. VASTB is outperformed by 61.90% of its industry peers.
VASTB's Return On Equity of 1.52% is on the low side compared to the rest of the industry. VASTB is outperformed by 64.29% of its industry peers.
With a Return On Invested Capital value of 0.88%, VASTB is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for VASTB is in line with the industry average of 3.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 1.52% | ||
| ROIC | 0.88% |
ROA(3y)3.79%
ROA(5y)2.02%
ROE(3y)5.32%
ROE(5y)2.83%
ROIC(3y)3.57%
ROIC(5y)3.48%
1.3 Margins
Looking at the Profit Margin, with a value of 58.39%, VASTB is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Profit Margin of VASTB has grown nicely.
With a Operating Margin value of 72.59%, VASTB perfoms like the industry average, outperforming 59.52% of the companies in the same industry.
In the last couple of years the Operating Margin of VASTB has declined.
VASTB has a Gross Margin of 92.60%. This is amongst the best in the industry. VASTB outperforms 88.10% of its industry peers.
In the last couple of years the Gross Margin of VASTB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 72.59% | ||
| PM (TTM) | 58.39% | ||
| GM | 92.6% |
OM growth 3Y-5.41%
OM growth 5Y-3.34%
PM growth 3Y34.39%
PM growth 5Y21.05%
GM growth 3Y-0.57%
GM growth 5Y-0.47%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VASTB is destroying value.
VASTB has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for VASTB remains at a similar level compared to 5 years ago.
The debt/assets ratio for VASTB is higher compared to a year ago.
2.2 Solvency
VASTB has an Altman-Z score of 0.60. This is a bad value and indicates that VASTB is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.60, VASTB is doing worse than 66.67% of the companies in the same industry.
VASTB has a debt to FCF ratio of 21.37. This is a negative value and a sign of low solvency as VASTB would need 21.37 years to pay back of all of its debts.
With a Debt to FCF ratio value of 21.37, VASTB perfoms like the industry average, outperforming 40.48% of the companies in the same industry.
VASTB has a Debt/Equity ratio of 0.56. This is a neutral value indicating VASTB is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.56, VASTB is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 21.37 | ||
| Altman-Z | 0.6 |
ROIC/WACC0.12
WACC7.12%
2.3 Liquidity
A Current Ratio of 0.11 indicates that VASTB may have some problems paying its short term obligations.
VASTB's Current ratio of 0.11 is on the low side compared to the rest of the industry. VASTB is outperformed by 85.71% of its industry peers.
A Quick Ratio of 0.11 indicates that VASTB may have some problems paying its short term obligations.
VASTB has a Quick ratio of 0.11. This is amonst the worse of the industry: VASTB underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 |
3. Growth
3.1 Past
The earnings per share for VASTB have decreased by -5.73% in the last year.
The Earnings Per Share has been growing by 19.77% on average over the past years. This is quite good.
VASTB shows a decrease in Revenue. In the last year, the revenue decreased by -1.52%.
Measured over the past years, VASTB shows a decrease in Revenue. The Revenue has been decreasing by -1.05% on average per year.
EPS 1Y (TTM)-5.73%
EPS 3Y37.52%
EPS 5Y19.77%
EPS Q2Q%86.35%
Revenue 1Y (TTM)-1.52%
Revenue growth 3Y2.33%
Revenue growth 5Y-1.05%
Sales Q2Q%617.7%
3.2 Future
The Earnings Per Share is expected to grow by 14.20% on average over the next years. This is quite good.
Based on estimates for the next years, VASTB will show a small growth in Revenue. The Revenue will grow by 2.33% on average per year.
EPS Next Y78.11%
EPS Next 2Y17.98%
EPS Next 3Y14.2%
EPS Next 5YN/A
Revenue Next Year1.93%
Revenue Next 2Y2.43%
Revenue Next 3Y2.33%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
VASTB is valuated correctly with a Price/Earnings ratio of 14.71.
Compared to the rest of the industry, the Price/Earnings ratio of VASTB is on the same level as its industry peers.
VASTB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.49.
Based on the Price/Forward Earnings ratio of 11.65, the valuation of VASTB can be described as reasonable.
VASTB's Price/Forward Earnings is on the same level as the industry average.
VASTB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.71 | ||
| Fwd PE | 11.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VASTB is valued a bit more expensive than 78.57% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VASTB is valued a bit more expensive than 73.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.37 | ||
| EV/EBITDA | 81.5 |
4.3 Compensation for Growth
VASTB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VASTB's earnings are expected to grow with 14.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)0.74
EPS Next 2Y17.98%
EPS Next 3Y14.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.50%, VASTB is a good candidate for dividend investing.
VASTB's Dividend Yield is rather good when compared to the industry average which is at 5.96. VASTB pays more dividend than 85.71% of the companies in the same industry.
VASTB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.5% |
5.2 History
On average, the dividend of VASTB grows each year by 10.30%, which is quite nice.
Dividend Growth(5Y)10.3%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
VASTB pays out 128.76% of its income as dividend. This is not a sustainable payout ratio.
The dividend of VASTB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP128.76%
EPS Next 2Y17.98%
EPS Next 3Y14.2%
EBR:VASTB (12/5/2025, 7:00:00 PM)
30.9
+0.1 (+0.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners13.47%
Inst Owner ChangeN/A
Ins Owners41.48%
Ins Owner ChangeN/A
Market Cap601.62M
Revenue(TTM)18.23M
Net Income(TTM)10.64M
Analysts44.44
Price Target31.62 (2.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.5% |
Yearly Dividend4.65
Dividend Growth(5Y)10.3%
DP128.76%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.2%
PT rev (3m)2.2%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)17.96%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.71 | ||
| Fwd PE | 11.65 | ||
| P/S | 33.01 | ||
| P/FCF | 25.37 | ||
| P/OCF | 24.87 | ||
| P/B | 0.86 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 81.5 |
EPS(TTM)2.1
EY6.8%
EPS(NY)2.65
Fwd EY8.58%
FCF(TTM)1.22
FCFY3.94%
OCF(TTM)1.24
OCFY4.02%
SpS0.94
BVpS36.07
TBVpS36.07
PEG (NY)0.19
PEG (5Y)0.74
Graham Number41.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.83% | ||
| ROE | 1.52% | ||
| ROCE | 1.17% | ||
| ROIC | 0.88% | ||
| ROICexc | 0.88% | ||
| ROICexgc | 0.88% | ||
| OM | 72.59% | ||
| PM (TTM) | 58.39% | ||
| GM | 92.6% | ||
| FCFM | 130.13% |
ROA(3y)3.79%
ROA(5y)2.02%
ROE(3y)5.32%
ROE(5y)2.83%
ROIC(3y)3.57%
ROIC(5y)3.48%
ROICexc(3y)3.58%
ROICexc(5y)3.49%
ROICexgc(3y)3.58%
ROICexgc(5y)3.49%
ROCE(3y)4.76%
ROCE(5y)4.64%
ROICexgc growth 3Y-4.16%
ROICexgc growth 5Y-2.55%
ROICexc growth 3Y-4.15%
ROICexc growth 5Y-2.54%
OM growth 3Y-5.41%
OM growth 5Y-3.34%
PM growth 3Y34.39%
PM growth 5Y21.05%
GM growth 3Y-0.57%
GM growth 5Y-0.47%
F-Score3
Asset Turnover0.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 21.37 | ||
| Debt/EBITDA | 28.85 | ||
| Cap/Depr | 139.07% | ||
| Cap/Sales | 2.62% | ||
| Interest Coverage | 1.66 | ||
| Cash Conversion | 178.25% | ||
| Profit Quality | 222.87% | ||
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 | ||
| Altman-Z | 0.6 |
F-Score3
WACC7.12%
ROIC/WACC0.12
Cap/Depr(3y)70.59%
Cap/Depr(5y)46.65%
Cap/Sales(3y)1.07%
Cap/Sales(5y)0.74%
Profit Quality(3y)101.93%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.73%
EPS 3Y37.52%
EPS 5Y19.77%
EPS Q2Q%86.35%
EPS Next Y78.11%
EPS Next 2Y17.98%
EPS Next 3Y14.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.52%
Revenue growth 3Y2.33%
Revenue growth 5Y-1.05%
Sales Q2Q%617.7%
Revenue Next Year1.93%
Revenue Next 2Y2.43%
Revenue Next 3Y2.33%
Revenue Next 5YN/A
EBIT growth 1Y-18.46%
EBIT growth 3Y-3.21%
EBIT growth 5Y-4.36%
EBIT Next Year15.91%
EBIT Next 3Y7.94%
EBIT Next 5YN/A
FCF growth 1Y70.3%
FCF growth 3Y-13.18%
FCF growth 5Y-7.5%
OCF growth 1Y73.18%
OCF growth 3Y-11.87%
OCF growth 5Y-6.94%
VASTNED NV / VASTB.BR FAQ
What is the ChartMill fundamental rating of VASTNED NV (VASTB.BR) stock?
ChartMill assigns a fundamental rating of 3 / 10 to VASTB.BR.
Can you provide the valuation status for VASTNED NV?
ChartMill assigns a valuation rating of 4 / 10 to VASTNED NV (VASTB.BR). This can be considered as Fairly Valued.
How profitable is VASTNED NV (VASTB.BR) stock?
VASTNED NV (VASTB.BR) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for VASTB stock?
The Price/Earnings (PE) ratio for VASTNED NV (VASTB.BR) is 14.71 and the Price/Book (PB) ratio is 0.86.
Can you provide the dividend sustainability for VASTB stock?
The dividend rating of VASTNED NV (VASTB.BR) is 7 / 10 and the dividend payout ratio is 128.76%.