WERELDHAVE BELGIUM NV (WEHB.BR) Stock Fundamental Analysis
Europe - EBR:WEHB - BE0003724383 - REIT
53 EUR
-0.4 (-0.75%)
We assign a fundamental rating of 5 out of 10 to WEHB. WEHB was compared to 38 industry peers in the Diversified REITs industry. WEHB has a medium profitability rating, but doesn't score so well on its financial health evaluation. WEHB has a correct valuation and a medium growth rate. WEHB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WEHB was profitable.
In the past year WEHB had a positive cash flow from operations.
WEHB had positive earnings in 4 of the past 5 years.
WEHB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WEHB has a Return On Assets (3.00%) which is in line with its industry peers.
WEHB has a Return On Equity (4.72%) which is in line with its industry peers.
WEHB's Return On Invested Capital of 4.16% is fine compared to the rest of the industry. WEHB outperforms 71.05% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WEHB is in line with the industry average of 3.49%.
The last Return On Invested Capital (4.16%) for WEHB is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 4.72% | ||
| ROIC | 4.16% |
ROA(3y)5.1%
ROA(5y)3.4%
ROE(3y)7.31%
ROE(5y)4.85%
ROIC(3y)3.99%
ROIC(5y)3.87%
1.3 Margins
WEHB has a Profit Margin (41.95%) which is comparable to the rest of the industry.
WEHB's Profit Margin has improved in the last couple of years.
WEHB has a Operating Margin of 68.91%. This is comparable to the rest of the industry: WEHB outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of WEHB has remained more or less at the same level.
The Gross Margin of WEHB (78.63%) is better than 63.16% of its industry peers.
WEHB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 68.91% | ||
| PM (TTM) | 41.95% | ||
| GM | 78.63% |
OM growth 3Y-0.46%
OM growth 5Y-0.55%
PM growth 3Y15.43%
PM growth 5Y17.46%
GM growth 3Y-0.38%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
WEHB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
WEHB has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for WEHB has been increased compared to 5 years ago.
WEHB has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that WEHB is in the distress zone and has some risk of bankruptcy.
WEHB has a better Altman-Z score (1.16) than 76.32% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that WEHB is not too dependend on debt financing.
WEHB's Debt to Equity ratio of 0.38 is amongst the best of the industry. WEHB outperforms 92.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.16 |
ROIC/WACC0.68
WACC6.16%
2.3 Liquidity
WEHB has a Current Ratio of 0.33. This is a bad value and indicates that WEHB is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.33, WEHB is not doing good in the industry: 65.79% of the companies in the same industry are doing better.
WEHB has a Quick Ratio of 0.33. This is a bad value and indicates that WEHB is not financially healthy enough and could expect problems in meeting its short term obligations.
WEHB's Quick ratio of 0.33 is on the low side compared to the rest of the industry. WEHB is outperformed by 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
The earnings per share for WEHB have decreased strongly by -54.49% in the last year.
The Earnings Per Share has been growing by 16.58% on average over the past years. This is quite good.
WEHB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.17%.
Measured over the past years, WEHB shows a small growth in Revenue. The Revenue has been growing by 2.12% on average per year.
EPS 1Y (TTM)-54.49%
EPS 3Y21.91%
EPS 5Y16.58%
EPS Q2Q%-60.03%
Revenue 1Y (TTM)13.17%
Revenue growth 3Y6.97%
Revenue growth 5Y2.12%
Sales Q2Q%20.29%
3.2 Future
The Earnings Per Share is expected to grow by 14.18% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.97% on average over the next years.
EPS Next Y26.32%
EPS Next 2Y16.35%
EPS Next 3Y14.18%
EPS Next 5YN/A
Revenue Next Year14.33%
Revenue Next 2Y8.01%
Revenue Next 3Y5.97%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.70, WEHB is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of WEHB is on the same level as its industry peers.
WEHB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.89.
With a Price/Forward Earnings ratio of 8.08, the valuation of WEHB can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WEHB indicates a rather cheap valuation: WEHB is cheaper than 86.84% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. WEHB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 8.08 |
4.2 Price Multiples
WEHB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WEHB is cheaper than 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.03 |
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.
WEHB has a very decent profitability rating, which may justify a higher PE ratio.
WEHB's earnings are expected to grow with 14.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.52
PEG (5Y)0.83
EPS Next 2Y16.35%
EPS Next 3Y14.18%
5. Dividend
5.1 Amount
WEHB has a Yearly Dividend Yield of 5.68%, which is a nice return.
WEHB's Dividend Yield is comparable with the industry average which is at 5.98.
WEHB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
5.2 History
On average, the dividend of WEHB grows each year by 12.11%, which is quite nice.
Dividend Growth(5Y)12.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
48.97% of the earnings are spent on dividend by WEHB. This is a bit on the high side, but may be sustainable.
The dividend of WEHB is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP48.97%
EPS Next 2Y16.35%
EPS Next 3Y14.18%
EBR:WEHB (11/14/2025, 7:00:00 PM)
53
-0.4 (-0.75%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners0.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap496.08M
Revenue(TTM)82.86M
Net Income(TTM)34.76M
Analysts82.86
Price Target56.1 (5.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
Yearly Dividend4.1
Dividend Growth(5Y)12.11%
DP48.97%
Div Incr Years1
Div Non Decr Years1
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)7.72%
EPS NY rev (3m)7.72%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)11.55%
Revenue NY rev (3m)11.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 8.08 | ||
| P/S | 5.99 | ||
| P/FCF | N/A | ||
| P/OCF | 8.39 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 15.03 |
EPS(TTM)3.87
EY7.3%
EPS(NY)6.56
Fwd EY12.37%
FCF(TTM)-4.74
FCFYN/A
OCF(TTM)6.32
OCFY11.92%
SpS8.85
BVpS78.75
TBVpS78.75
PEG (NY)0.52
PEG (5Y)0.83
Graham Number82.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 4.72% | ||
| ROCE | 5.55% | ||
| ROIC | 4.16% | ||
| ROICexc | 4.22% | ||
| ROICexgc | 4.22% | ||
| OM | 68.91% | ||
| PM (TTM) | 41.95% | ||
| GM | 78.63% | ||
| FCFM | N/A |
ROA(3y)5.1%
ROA(5y)3.4%
ROE(3y)7.31%
ROE(5y)4.85%
ROIC(3y)3.99%
ROIC(5y)3.87%
ROICexc(3y)4.05%
ROICexc(5y)3.93%
ROICexgc(3y)4.05%
ROICexgc(5y)3.93%
ROCE(3y)5.32%
ROCE(5y)5.17%
ROICexgc growth 3Y2.69%
ROICexgc growth 5Y-0.19%
ROICexc growth 3Y2.69%
ROICexc growth 5Y-0.19%
OM growth 3Y-0.46%
OM growth 5Y-0.55%
PM growth 3Y15.43%
PM growth 5Y17.46%
GM growth 3Y-0.38%
GM growth 5Y-0.35%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.87 | ||
| Cap/Depr | 25939.6% | ||
| Cap/Sales | 124.91% | ||
| Interest Coverage | 5.83 | ||
| Cash Conversion | 102.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 1.16 |
F-Score5
WACC6.16%
ROIC/WACC0.68
Cap/Depr(3y)111.82%
Cap/Depr(5y)77.9%
Cap/Sales(3y)0.54%
Cap/Sales(5y)0.34%
Profit Quality(3y)128.19%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-54.49%
EPS 3Y21.91%
EPS 5Y16.58%
EPS Q2Q%-60.03%
EPS Next Y26.32%
EPS Next 2Y16.35%
EPS Next 3Y14.18%
EPS Next 5YN/A
Revenue 1Y (TTM)13.17%
Revenue growth 3Y6.97%
Revenue growth 5Y2.12%
Sales Q2Q%20.29%
Revenue Next Year14.33%
Revenue Next 2Y8.01%
Revenue Next 3Y5.97%
Revenue Next 5YN/A
EBIT growth 1Y14.32%
EBIT growth 3Y6.48%
EBIT growth 5Y1.55%
EBIT Next Year0.82%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-191.35%
FCF growth 3Y5.95%
FCF growth 5Y10.77%
OCF growth 1Y21.74%
OCF growth 3Y6.22%
OCF growth 5Y3.28%
WERELDHAVE BELGIUM NV / WEHB.BR FAQ
Can you provide the ChartMill fundamental rating for WERELDHAVE BELGIUM NV?
ChartMill assigns a fundamental rating of 5 / 10 to WEHB.BR.
What is the valuation status for WEHB stock?
ChartMill assigns a valuation rating of 6 / 10 to WERELDHAVE BELGIUM NV (WEHB.BR). This can be considered as Fairly Valued.
What is the profitability of WEHB stock?
WERELDHAVE BELGIUM NV (WEHB.BR) has a profitability rating of 6 / 10.
What is the financial health of WERELDHAVE BELGIUM NV (WEHB.BR) stock?
The financial health rating of WERELDHAVE BELGIUM NV (WEHB.BR) is 2 / 10.
Can you provide the dividend sustainability for WEHB stock?
The dividend rating of WERELDHAVE BELGIUM NV (WEHB.BR) is 7 / 10 and the dividend payout ratio is 48.97%.