WERELDHAVE BELGIUM NV (WEHB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:WEHB - BE0003724383 - REIT
54.4 EUR
+0.4 (+0.74%)
We assign a fundamental rating of 5 out of 10 to WEHB. WEHB was compared to 42 industry peers in the Diversified REITs industry. While WEHB is still in line with the averages on profitability rating, there are concerns on its financial health. WEHB has a decent growth rate and is not valued too expensively. WEHB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- WEHB had positive earnings in the past year.
- WEHB had a positive operating cash flow in the past year.
- 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
- With a decent Return On Assets value of 3.00%, WEHB is doing good in the industry, outperforming 61.90% of the companies in the same industry.
- WEHB has a Return On Equity (4.72%) which is comparable to the rest of the industry.
- WEHB has a better Return On Invested Capital (4.16%) than 69.05% of its industry peers.
- WEHB had an Average Return On Invested Capital over the past 3 years of 3.99%. This is in line with the industry average of 3.45%.
- The 3 year average ROIC (3.99%) for WEHB is below the current ROIC(4.16%), indicating increased profibility in the last year.
| 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
- With a Profit Margin value of 41.95%, WEHB perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
- In the last couple of years the Profit Margin of WEHB has grown nicely.
- Looking at the Operating Margin, with a value of 68.91%, WEHB is in line with its industry, outperforming 52.38% of the companies in the same industry.
- In the last couple of years the Operating Margin of WEHB has remained more or less at the same level.
- WEHB has a better Gross Margin (78.63%) than 71.43% 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WEHB is destroying value.
- Compared to 1 year ago, WEHB has about the same amount of shares outstanding.
- WEHB has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for WEHB has been reduced compared to a year ago.
2.2 Solvency
- WEHB has an Altman-Z score of 1.32. This is a bad value and indicates that WEHB is not financially healthy and even has some risk of bankruptcy.
- With an excellent Altman-Z score value of 1.32, WEHB belongs to the best of the industry, outperforming 88.10% of the companies in the same industry.
- A Debt/Equity ratio of 0.38 indicates that WEHB is not too dependend on debt financing.
- WEHB has a Debt to Equity ratio of 0.38. This is amongst the best in the industry. WEHB outperforms 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.32 |
ROIC/WACC0.65
WACC6.37%
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 perfoms like the industry average, outperforming 40.48% of the companies in the same industry.
- 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.
- The Quick ratio of WEHB (0.33) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
- WEHB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -55.83%.
- The Earnings Per Share has been growing by 15.62% 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)-55.83%
EPS 3Y20.24%
EPS 5Y15.62%
EPS Q2Q%-61.65%
Revenue 1Y (TTM)13.17%
Revenue growth 3Y6.97%
Revenue growth 5Y2.12%
Sales Q2Q%20.29%
3.2 Future
- Based on estimates for the next years, WEHB will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.62% on average per year.
- WEHB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.97% yearly.
EPS Next Y21.21%
EPS Next 2Y13.97%
EPS Next 3Y12.62%
EPS Next 5YN/A
Revenue Next Year14.33%
Revenue Next 2Y8.01%
Revenue Next 3Y5.97%
Revenue Next 5YN/A
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 stable.
- 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 14.51, WEHB is valued correctly.
- The rest of the industry has a similar Price/Earnings ratio as WEHB.
- WEHB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 8.64, which indicates a very decent valuation of WEHB.
- WEHB's Price/Forward Earnings ratio is rather cheap when compared to the industry. WEHB is cheaper than 92.86% of the companies in the same industry.
- WEHB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 8.64 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WEHB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.07 |
4.3 Compensation for Growth
- WEHB's 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 12.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.68
PEG (5Y)0.93
EPS Next 2Y13.97%
EPS Next 3Y12.62%
5. Dividend
5.1 Amount
- WEHB has a Yearly Dividend Yield of 5.57%, which is a nice return.
- Compared to an average industry Dividend Yield of 4.99, WEHB has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.92, WEHB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.57% |
5.2 History
- The dividend of WEHB is nicely growing with an annual growth rate of 11.19%!
Dividend Growth(5Y)11.19%
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 2Y13.97%
EPS Next 3Y12.62%
EBR:WEHB (1/14/2026, 2:19:15 PM)
54.4
+0.4 (+0.74%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-31 2025-10-31
Earnings (Next)02-09 2026-02-09
Inst Owners0.56%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap621.79M
Revenue(TTM)82.86M
Net Income(TTM)34.76M
Analysts82.86
Price Target53.83 (-1.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.57% |
Yearly Dividend3.93
Dividend Growth(5Y)11.19%
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)-4.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)3.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)11.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 8.64 | ||
| P/S | 7.5 | ||
| P/FCF | N/A | ||
| P/OCF | 10.52 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 17.07 |
EPS(TTM)3.75
EY6.89%
EPS(NY)6.29
Fwd EY11.57%
FCF(TTM)-3.88
FCFYN/A
OCF(TTM)5.17
OCFY9.51%
SpS7.25
BVpS64.48
TBVpS64.48
PEG (NY)0.68
PEG (5Y)0.93
Graham Number73.76
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 | 1.32 |
F-Score5
WACC6.37%
ROIC/WACC0.65
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)-55.83%
EPS 3Y20.24%
EPS 5Y15.62%
EPS Q2Q%-61.65%
EPS Next Y21.21%
EPS Next 2Y13.97%
EPS Next 3Y12.62%
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.
Can you provide the valuation status for WERELDHAVE BELGIUM NV?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the financial health for WEHB stock?
The financial health rating of WERELDHAVE BELGIUM NV (WEHB.BR) is 3 / 10.
What is the expected EPS growth for WERELDHAVE BELGIUM NV (WEHB.BR) stock?
The Earnings per Share (EPS) of WERELDHAVE BELGIUM NV (WEHB.BR) is expected to grow by 21.21% in the next year.