VASTNED NV (VASTB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:VASTB - BE0003754687 - REIT
31.2 EUR
-0.2 (-0.64%)
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. There are concerns on the financial health of VASTB while its profitability can be described as average. VASTB has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
VASTB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.83%, VASTB is doing worse than 65.00% of the companies in the same industry.
The Return On Equity of VASTB (1.52%) is worse than 67.50% of its industry peers.
With a Return On Invested Capital value of 0.88%, VASTB is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
VASTB had an Average Return On Invested Capital over the past 3 years of 3.57%. This is in line with the industry average of 3.53%.
| 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
VASTB's Profit Margin of 58.39% is fine compared to the rest of the industry. VASTB outperforms 70.00% of its industry peers.
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 55.00% of the companies in the same industry.
In the last couple of years the Operating Margin of VASTB has declined.
The Gross Margin of VASTB (92.60%) is better than 87.50% of its industry peers.
VASTB's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for VASTB remains at a similar level compared to 1 year ago.
VASTB has about the same amout of shares outstanding than it did 5 years ago.
VASTB has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.61, we must say that VASTB is in the distress zone and has some risk of bankruptcy.
VASTB has a Altman-Z score of 0.61. This is in the lower half of the industry: VASTB underperforms 67.50% of its industry peers.
The Debt to FCF ratio of VASTB is 21.37, which is on the high side as it means it would take VASTB, 21.37 years of fcf income to pay off all of its debts.
VASTB has a worse Debt to FCF ratio (21.37) than 62.50% of its industry peers.
VASTB has a Debt/Equity ratio of 0.56. This is a neutral value indicating VASTB is somewhat dependend on debt financing.
VASTB has a better Debt to Equity ratio (0.56) than 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 21.37 | ||
| Altman-Z | 0.61 |
ROIC/WACC0.12
WACC7.13%
2.3 Liquidity
VASTB has a Current Ratio of 0.11. This is a bad value and indicates that VASTB is not financially healthy enough and could expect problems in meeting 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 85.00% of its industry peers.
A Quick Ratio of 0.11 indicates that VASTB may have some problems paying its short term obligations.
The Quick ratio of VASTB (0.11) is worse than 85.00% 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.
VASTB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.77% yearly.
The Revenue has decreased by -1.52% in the past year.
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
Based on estimates for the next years, VASTB will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.20% on average per year.
The Revenue is expected to grow by 2.33% on average over the next years.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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 14.86.
Compared to the rest of the industry, the Price/Earnings ratio of VASTB is on the same level as its industry peers.
VASTB is valuated rather cheaply when we compare the Price/Earnings ratio to 26.84, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.76 indicates a reasonable valuation of VASTB.
VASTB's Price/Forward Earnings is on the same level as the industry average.
VASTB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.86 | ||
| Fwd PE | 11.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VASTB is valued more expensive than 82.50% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VASTB indicates a slightly more expensive valuation: VASTB is more expensive than 77.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.61 | ||
| EV/EBITDA | 82.22 |
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)0.75
EPS Next 2Y17.98%
EPS Next 3Y14.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.01%, VASTB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.16, VASTB is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.00, VASTB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
5.2 History
The dividend of VASTB is nicely growing with an annual growth rate of 10.30%!
Dividend Growth(5Y)10.3%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
128.76% of the earnings are spent on dividend by VASTB. This is not a sustainable payout ratio.
VASTB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP128.76%
EPS Next 2Y17.98%
EPS Next 3Y14.2%
EBR:VASTB (12/29/2025, 7:00:00 PM)
31.2
-0.2 (-0.64%)
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 Cap607.46M
Revenue(TTM)18.23M
Net Income(TTM)10.64M
Analysts44.44
Price Target31.62 (1.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
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)1.09%
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)1.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.86 | ||
| Fwd PE | 11.76 | ||
| P/S | 33.33 | ||
| P/FCF | 25.61 | ||
| P/OCF | 25.11 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 82.22 |
EPS(TTM)2.1
EY6.73%
EPS(NY)2.65
Fwd EY8.5%
FCF(TTM)1.22
FCFY3.9%
OCF(TTM)1.24
OCFY3.98%
SpS0.94
BVpS36.07
TBVpS36.07
PEG (NY)0.19
PEG (5Y)0.75
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 | 0.61 |
F-Score3
WACC7.13%
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 14.86 and the Price/Book (PB) ratio is 0.87.
Can you provide the dividend sustainability for VASTB stock?
The dividend rating of VASTNED NV (VASTB.BR) is 6 / 10 and the dividend payout ratio is 128.76%.