WERELDHAVE BELGIUM NV (WEHB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:WEHB - BE0003724383 - REIT
53 EUR
+0.6 (+1.15%)
Taking everything into account, WEHB scores 5 out of 10 in our fundamental rating. WEHB was compared to 40 industry peers in the Diversified REITs industry. There are concerns on the financial health of WEHB while its profitability can be described as average. 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
WEHB has a Return On Assets (3.00%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 4.72%, WEHB is in line with its industry, outperforming 47.50% of the companies in the same industry.
WEHB's Return On Invested Capital of 4.16% is fine compared to the rest of the industry. WEHB outperforms 72.50% 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 3.53%.
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
With a Profit Margin value of 41.95%, WEHB perfoms like the industry average, outperforming 52.50% of the companies in the same industry.
WEHB's Profit Margin has improved in the last couple of years.
WEHB has a Operating Margin (68.91%) which is comparable to the rest of the industry.
WEHB's Operating Margin has been stable in the last couple of years.
The Gross Margin of WEHB (78.63%) is better than 65.00% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WEHB is destroying value.
WEHB has about the same amout of shares outstanding than it did 1 year ago.
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
Based on the Altman-Z score of 1.30, we must say that WEHB is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.30, WEHB belongs to the top of the industry, outperforming 85.00% 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 92.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.3 |
ROIC/WACC0.66
WACC6.34%
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.
The Current ratio of WEHB (0.33) is worse than 62.50% of its industry peers.
A Quick Ratio of 0.33 indicates that WEHB may have some problems paying its short term obligations.
WEHB has a Quick ratio (0.33) which is in line with 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.
The Revenue has grown by 13.17% in the past year. This is quite good.
The Revenue has been growing slightly by 2.12% on average over the past years.
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 12.62% on average over the next years. This is quite good.
Based on estimates for the next years, WEHB will show a small growth in Revenue. The Revenue will grow by 5.97% on average per year.
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
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
Based on the Price/Earnings ratio of 13.70, the valuation of WEHB can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of WEHB is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.51. WEHB is valued slightly cheaper when compared to this.
WEHB is valuated reasonably with a Price/Forward Earnings ratio of 8.42.
Based on the Price/Forward Earnings ratio, WEHB is valued cheaply inside the industry as 92.50% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of WEHB to the average of the S&P500 Index (23.13), we can say WEHB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 8.42 |
4.2 Price Multiples
WEHB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WEHB is cheaper than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.75 |
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.
The decent profitability rating of WEHB 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)0.65
PEG (5Y)0.83
EPS Next 2Y13.97%
EPS Next 3Y12.62%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.81%, WEHB is a good candidate for dividend investing.
WEHB's Dividend Yield is comparable with the industry average which is at 5.16.
Compared to an average S&P500 Dividend Yield of 2.00, WEHB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.81% |
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 2Y13.97%
EPS Next 3Y12.62%
EBR:WEHB (12/31/2025, 7:00:00 PM)
53
+0.6 (+1.15%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners0.69%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap605.79M
Revenue(TTM)82.86M
Net Income(TTM)34.76M
Analysts82.86
Price Target53.83 (1.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.81% |
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)-4.04%
PT rev (3m)-4.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.04%
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 | 13.7 | ||
| Fwd PE | 8.42 | ||
| P/S | 7.31 | ||
| P/FCF | N/A | ||
| P/OCF | 10.24 | ||
| P/B | 0.82 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 16.75 |
EPS(TTM)3.87
EY7.3%
EPS(NY)6.29
Fwd EY11.87%
FCF(TTM)-3.88
FCFYN/A
OCF(TTM)5.17
OCFY9.76%
SpS7.25
BVpS64.48
TBVpS64.48
PEG (NY)0.65
PEG (5Y)0.83
Graham Number74.93
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 | 1.3 |
F-Score5
WACC6.34%
ROIC/WACC0.66
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 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 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.
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.