VASTNED NV (VASTB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:VASTB - BE0003754687 - REIT
31.4 EUR
+0.1 (+0.32%)
VASTB gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 41 industry peers in the Diversified REITs industry. While VASTB is still in line with the averages on profitability rating, there are concerns on its financial health. 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
VASTB had positive earnings in the past year.
VASTB had a positive operating cash flow in the past year.
Of the past 5 years VASTB 4 years were profitable.
Each year in the past 5 years VASTB had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.83%, VASTB is not doing good in the industry: 63.41% of the companies in the same industry are doing better.
VASTB has a Return On Equity of 1.52%. This is in the lower half of the industry: VASTB underperforms 65.85% of its industry peers.
With a Return On Invested Capital value of 0.88%, VASTB is not doing good in the industry: 85.37% 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 3.47%.
| 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 has a Profit Margin of 58.39%. This is in the better half of the industry: VASTB outperforms 70.73% of its industry peers.
In the last couple of years the Profit Margin of VASTB has grown nicely.
VASTB's Operating Margin of 72.59% is in line compared to the rest of the industry. VASTB outperforms 56.10% of its industry peers.
VASTB's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 92.60%, VASTB belongs to the best of the industry, outperforming 87.80% of the companies in the same industry.
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.
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's Altman-Z score of 0.61 is on the low side compared to the rest of the industry. VASTB is outperformed by 65.85% 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's Debt to FCF ratio of 21.37 is on the low side compared to the rest of the industry. VASTB is outperformed by 60.98% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that VASTB is somewhat dependend on debt financing.
VASTB has a Debt to Equity ratio of 0.56. This is in the better half of the industry: VASTB outperforms 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 21.37 | ||
| Altman-Z | 0.61 |
ROIC/WACC0.12
WACC7.14%
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 has a Current ratio of 0.11. This is amonst the worse of the industry: VASTB underperforms 82.93% 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 82.93% 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.
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.
VASTB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.33% yearly.
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
With a Price/Earnings ratio of 14.95, VASTB is valued correctly.
VASTB's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.57. VASTB is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 11.84, the valuation of VASTB can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as VASTB.
VASTB is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.95 | ||
| Fwd PE | 11.84 |
4.2 Price Multiples
80.49% of the companies in the same industry are cheaper than VASTB, based on the Enterprise Value to EBITDA ratio.
75.61% of the companies in the same industry are cheaper than VASTB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.78 | ||
| EV/EBITDA | 82.22 |
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 VASTB's earnings are expected to grow with 14.20% in the coming years.
PEG (NY)0.19
PEG (5Y)0.76
EPS Next 2Y17.98%
EPS Next 3Y14.2%
5. Dividend
5.1 Amount
VASTB has a Yearly Dividend Yield of 4.01%, which is a nice return.
VASTB's Dividend Yield is slightly below the industry average, which is at 5.05.
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
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
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 (12/24/2025, 7:00:00 PM)
31.4
+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 Cap611.36M
Revenue(TTM)18.23M
Net Income(TTM)10.64M
Analysts44.44
Price Target31.62 (0.7%)
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)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)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.95 | ||
| Fwd PE | 11.84 | ||
| P/S | 33.54 | ||
| P/FCF | 25.78 | ||
| P/OCF | 25.27 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 82.22 |
EPS(TTM)2.1
EY6.69%
EPS(NY)2.65
Fwd EY8.45%
FCF(TTM)1.22
FCFY3.88%
OCF(TTM)1.24
OCFY3.96%
SpS0.94
BVpS36.07
TBVpS36.07
PEG (NY)0.19
PEG (5Y)0.76
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
WACC7.14%
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 14.95 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 4 / 10 and the dividend payout ratio is 128.76%.