WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe - AMS:WHA - NL0000289213 - REIT
19.3 EUR
-0.3 (-1.53%)
WHA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. There are concerns on the financial health of WHA while its profitability can be described as average. WHA has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
WHA had positive earnings in the past year.
In the past year WHA had a positive cash flow from operations.
In multiple years WHA reported negative net income over the last 5 years.
In the past 5 years WHA always reported a positive cash flow from operatings.
1.2 Ratios
WHA's Return On Assets of 3.50% is fine compared to the rest of the industry. WHA outperforms 71.79% of its industry peers.
WHA's Return On Equity of 8.40% is fine compared to the rest of the industry. WHA outperforms 79.49% of its industry peers.
WHA has a better Return On Invested Capital (4.30%) than 76.92% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WHA is in line with the industry average of 3.49%.
The last Return On Invested Capital (4.30%) for WHA is above the 3 year average (3.94%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 8.4% | ||
| ROIC | 4.3% |
ROA(3y)3.71%
ROA(5y)-1.36%
ROE(3y)8.68%
ROE(5y)-3.34%
ROIC(3y)3.94%
ROIC(5y)3.93%
1.3 Margins
WHA has a Profit Margin of 43.57%. This is comparable to the rest of the industry: WHA outperforms 56.41% of its industry peers.
With a Operating Margin value of 64.70%, WHA perfoms like the industry average, outperforming 43.59% of the companies in the same industry.
WHA's Operating Margin has been stable in the last couple of years.
WHA has a Gross Margin (71.57%) which is in line with its industry peers.
In the last couple of years the Gross Margin of WHA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.7% | ||
| PM (TTM) | 43.57% | ||
| GM | 71.57% |
OM growth 3Y5.31%
OM growth 5Y0.19%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.3%
GM growth 5Y0.24%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WHA is destroying value.
Compared to 1 year ago, WHA has about the same amount of shares outstanding.
Compared to 5 years ago, WHA has more shares outstanding
WHA has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.09, we must say that WHA is in the distress zone and has some risk of bankruptcy.
WHA's Altman-Z score of 0.09 is on the low side compared to the rest of the industry. WHA is outperformed by 94.87% of its industry peers.
The Debt to FCF ratio of WHA is 10.91, which is on the high side as it means it would take WHA, 10.91 years of fcf income to pay off all of its debts.
WHA has a better Debt to FCF ratio (10.91) than 66.67% of its industry peers.
WHA has a Debt/Equity ratio of 0.90. This is a neutral value indicating WHA is somewhat dependend on debt financing.
WHA has a Debt to Equity ratio of 0.90. This is in the lower half of the industry: WHA underperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 10.91 | ||
| Altman-Z | 0.09 |
ROIC/WACC0.87
WACC4.96%
2.3 Liquidity
A Current Ratio of 0.28 indicates that WHA may have some problems paying its short term obligations.
WHA has a worse Current ratio (0.28) than 71.79% of its industry peers.
WHA has a Quick Ratio of 0.28. This is a bad value and indicates that WHA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.28, WHA is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
The earnings per share for WHA have decreased strongly by -15.97% in the last year.
Looking at the last year, WHA shows a small growth in Revenue. The Revenue has grown by 7.35% in the last year.
The Revenue has been decreasing by -4.42% on average over the past years.
EPS 1Y (TTM)-15.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.52%
Revenue 1Y (TTM)7.35%
Revenue growth 3Y0.24%
Revenue growth 5Y-4.42%
Sales Q2Q%11.89%
3.2 Future
Based on estimates for the next years, WHA will show a small growth in Earnings Per Share. The EPS will grow by 3.01% on average per year.
Based on estimates for the next years, WHA will show a small growth in Revenue. The Revenue will grow by 6.35% on average per year.
EPS Next Y2.58%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
EPS Next 5YN/A
Revenue Next Year16.51%
Revenue Next 2Y8.88%
Revenue Next 3Y6.35%
Revenue Next 5YN/A
3.3 Evolution
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 9.70, the valuation of WHA can be described as very reasonable.
82.05% of the companies in the same industry are more expensive than WHA, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of WHA to the average of the S&P500 Index (26.06), we can say WHA is valued rather cheaply.
A Price/Forward Earnings ratio of 10.40 indicates a reasonable valuation of WHA.
Based on the Price/Forward Earnings ratio, WHA is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 32.73. WHA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 10.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WHA is valued a bit cheaper than the industry average as 71.79% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 74.36% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.02 | ||
| EV/EBITDA | 14.4 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.76
PEG (5Y)N/A
EPS Next 2Y2.62%
EPS Next 3Y3.01%
5. Dividend
5.1 Amount
WHA has a Yearly Dividend Yield of 6.79%, which is a nice return.
WHA's Dividend Yield is a higher than the industry average which is at 5.98.
Compared to an average S&P500 Dividend Yield of 2.37, WHA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
The dividend of WHA decreases each year by -13.76%.
Dividend Growth(5Y)-13.76%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
WHA pays out 75.72% of its income as dividend. This is not a sustainable payout ratio.
DP75.72%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
AMS:WHA (11/7/2025, 7:00:00 PM)
19.3
-0.3 (-1.53%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners28.76%
Inst Owner ChangeN/A
Ins Owners18.27%
Ins Owner ChangeN/A
Market Cap895.52M
Revenue(TTM)203.49M
Net Income(TTM)88.65M
Analysts71.11
Price Target18.79 (-2.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
Yearly Dividend1.2
Dividend Growth(5Y)-13.76%
DP75.72%
Div Incr Years4
Div Non Decr Years4
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)6.97%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.47%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 10.4 | ||
| P/S | 4.4 | ||
| P/FCF | 9.02 | ||
| P/OCF | 9 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 14.4 |
EPS(TTM)1.99
EY10.31%
EPS(NY)1.86
Fwd EY9.62%
FCF(TTM)2.14
FCFY11.09%
OCF(TTM)2.14
OCFY11.11%
SpS4.39
BVpS22.74
TBVpS22.74
PEG (NY)3.76
PEG (5Y)N/A
Graham Number31.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 8.4% | ||
| ROCE | 5.84% | ||
| ROIC | 4.3% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.35% | ||
| OM | 64.7% | ||
| PM (TTM) | 43.57% | ||
| GM | 71.57% | ||
| FCFM | 48.8% |
ROA(3y)3.71%
ROA(5y)-1.36%
ROE(3y)8.68%
ROE(5y)-3.34%
ROIC(3y)3.94%
ROIC(5y)3.93%
ROICexc(3y)3.98%
ROICexc(5y)3.99%
ROICexgc(3y)3.98%
ROICexgc(5y)3.99%
ROCE(3y)5.37%
ROCE(5y)5.39%
ROICexgc growth 3Y0.66%
ROICexgc growth 5Y1.46%
ROICexc growth 3Y0.66%
ROICexc growth 5Y1.46%
OM growth 3Y5.31%
OM growth 5Y0.19%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.3%
GM growth 5Y0.24%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 10.91 | ||
| Debt/EBITDA | 7.11 | ||
| Cap/Depr | 15.49% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 3.75 | ||
| Cash Conversion | 74.88% | ||
| Profit Quality | 112.02% | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.09 |
F-Score5
WACC4.96%
ROIC/WACC0.87
Cap/Depr(3y)34.35%
Cap/Depr(5y)27.26%
Cap/Sales(3y)0.25%
Cap/Sales(5y)0.21%
Profit Quality(3y)99.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.52%
EPS Next Y2.58%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
EPS Next 5YN/A
Revenue 1Y (TTM)7.35%
Revenue growth 3Y0.24%
Revenue growth 5Y-4.42%
Sales Q2Q%11.89%
Revenue Next Year16.51%
Revenue Next 2Y8.88%
Revenue Next 3Y6.35%
Revenue Next 5YN/A
EBIT growth 1Y13.86%
EBIT growth 3Y5.56%
EBIT growth 5Y-4.24%
EBIT Next Year20.51%
EBIT Next 3Y8.19%
EBIT Next 5YN/A
FCF growth 1Y21.84%
FCF growth 3Y4.84%
FCF growth 5Y-4.2%
OCF growth 1Y21.6%
OCF growth 3Y4.72%
OCF growth 5Y-4.26%
WERELDHAVE NV / WHA.AS FAQ
Can you provide the ChartMill fundamental rating for WERELDHAVE NV?
ChartMill assigns a fundamental rating of 4 / 10 to WHA.AS.
Can you provide the valuation status for WERELDHAVE NV?
ChartMill assigns a valuation rating of 6 / 10 to WERELDHAVE NV (WHA.AS). This can be considered as Fairly Valued.
What is the profitability of WHA stock?
WERELDHAVE NV (WHA.AS) has a profitability rating of 5 / 10.
What is the financial health of WERELDHAVE NV (WHA.AS) stock?
The financial health rating of WERELDHAVE NV (WHA.AS) is 2 / 10.
Can you provide the dividend sustainability for WHA stock?
The dividend rating of WERELDHAVE NV (WHA.AS) is 5 / 10 and the dividend payout ratio is 75.72%.