WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:WHA - NL0000289213 - REIT
19.06 EUR
-0.04 (-0.21%)
WHA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 industry peers in the Diversified REITs industry. While WHA is still in line with the averages on profitability rating, there are concerns on its financial health. 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
In the past year WHA was profitable.
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
With a decent Return On Assets value of 3.47%, WHA is doing good in the industry, outperforming 70.73% of the companies in the same industry.
WHA has a Return On Equity of 8.34%. This is in the better half of the industry: WHA outperforms 75.61% of its industry peers.
WHA's Return On Invested Capital of 4.29% is fine compared to the rest of the industry. WHA outperforms 73.17% 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 3.63%.
The last Return On Invested Capital (4.29%) for WHA is above the 3 year average (3.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 8.34% | ||
| ROIC | 4.29% |
ROA(3y)3.71%
ROA(5y)-1.36%
ROE(3y)8.67%
ROE(5y)-3.34%
ROIC(3y)3.93%
ROIC(5y)3.93%
1.3 Margins
WHA's Profit Margin of 43.25% is in line compared to the rest of the industry. WHA outperforms 56.10% of its industry peers.
WHA has a Operating Margin of 64.55%. This is comparable to the rest of the industry: WHA outperforms 46.34% of its industry peers.
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 | 64.55% | ||
| PM (TTM) | 43.25% | ||
| GM | 71.57% |
OM growth 3Y5.32%
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
WHA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
WHA has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for WHA has been increased compared to 5 years ago.
The debt/assets ratio for WHA has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.08, we must say that WHA is in the distress zone and has some risk of bankruptcy.
WHA has a Altman-Z score of 0.08. This is amonst the worse of the industry: WHA underperforms 92.68% of its industry peers.
The Debt to FCF ratio of WHA is 10.96, which is on the high side as it means it would take WHA, 10.96 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.96, WHA is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
A Debt/Equity ratio of 0.89 indicates that WHA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.89, WHA is doing worse than 73.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.96 | ||
| Altman-Z | 0.08 |
ROIC/WACC0.88
WACC4.89%
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 68.29% of its industry peers.
A Quick Ratio of 0.28 indicates that WHA may have some problems paying its short term obligations.
The Quick ratio of WHA (0.28) is worse than 63.41% of its industry peers.
| 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 -14.74% 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.
Measured over the past years, WHA shows a decrease in Revenue. The Revenue has been decreasing by -4.42% on average per year.
EPS 1Y (TTM)-14.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-38.18%
Revenue 1Y (TTM)7.35%
Revenue growth 3Y0.24%
Revenue growth 5Y-4.42%
Sales Q2Q%11.89%
3.2 Future
The Earnings Per Share is expected to grow by 3.01% on average over the next years.
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
The Price/Earnings ratio is 9.58, which indicates a very decent valuation of WHA.
WHA's Price/Earnings ratio is rather cheap when compared to the industry. WHA is cheaper than 82.93% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.26. WHA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.27, which indicates a very decent valuation of WHA.
Based on the Price/Forward Earnings ratio, WHA is valued a bit cheaper than the industry average as 70.73% of the companies are valued more expensively.
WHA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.58 | ||
| Fwd PE | 10.27 |
4.2 Price Multiples
WHA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WHA is cheaper than 73.17% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, WHA is valued a bit cheaper than 75.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.95 | ||
| EV/EBITDA | 14.36 |
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)3.71
PEG (5Y)N/A
EPS Next 2Y2.62%
EPS Next 3Y3.01%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.79%, WHA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.22, WHA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, WHA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
The dividend of WHA decreases each year by -14.05%.
Dividend Growth(5Y)-14.05%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
76.14% of the earnings are spent on dividend by WHA. This is not a sustainable payout ratio.
DP76.14%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
AMS:WHA (12/19/2025, 5:29:56 PM)
19.06
-0.04 (-0.21%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners29.42%
Inst Owner ChangeN/A
Ins Owners18.27%
Ins Owner ChangeN/A
Market Cap884.38M
Revenue(TTM)203.49M
Net Income(TTM)88.00M
Analysts71.11
Price Target19.2 (0.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
Yearly Dividend1.18
Dividend Growth(5Y)-14.05%
DP76.14%
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)2.17%
PT rev (3m)9.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
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 | 9.58 | ||
| Fwd PE | 10.27 | ||
| P/S | 4.35 | ||
| P/FCF | 8.95 | ||
| P/OCF | 8.93 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 14.36 |
EPS(TTM)1.99
EY10.44%
EPS(NY)1.86
Fwd EY9.74%
FCF(TTM)2.13
FCFY11.17%
OCF(TTM)2.13
OCFY11.19%
SpS4.39
BVpS22.74
TBVpS22.73
PEG (NY)3.71
PEG (5Y)N/A
Graham Number31.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 8.34% | ||
| ROCE | 5.83% | ||
| ROIC | 4.29% | ||
| ROICexc | 4.34% | ||
| ROICexgc | 4.34% | ||
| OM | 64.55% | ||
| PM (TTM) | 43.25% | ||
| GM | 71.57% | ||
| FCFM | 48.56% |
ROA(3y)3.71%
ROA(5y)-1.36%
ROE(3y)8.67%
ROE(5y)-3.34%
ROIC(3y)3.93%
ROIC(5y)3.93%
ROICexc(3y)3.97%
ROICexc(5y)3.98%
ROICexgc(3y)3.97%
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 3Y5.32%
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 | 0.89 | ||
| Debt/FCF | 10.96 | ||
| Debt/EBITDA | 7.12 | ||
| Cap/Depr | 15.41% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 3.86 | ||
| Cash Conversion | 74.67% | ||
| Profit Quality | 112.28% | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.08 |
F-Score5
WACC4.89%
ROIC/WACC0.88
Cap/Depr(3y)34.51%
Cap/Depr(5y)27.36%
Cap/Sales(3y)0.25%
Cap/Sales(5y)0.22%
Profit Quality(3y)99.64%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-14.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-38.18%
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 1Y13.17%
EBIT growth 3Y5.56%
EBIT growth 5Y-4.24%
EBIT Next Year19.44%
EBIT Next 3Y7.96%
EBIT Next 5YN/A
FCF growth 1Y21.07%
FCF growth 3Y4.7%
FCF growth 5Y-4.28%
OCF growth 1Y20.83%
OCF growth 3Y4.59%
OCF growth 5Y-4.34%
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 76.14%.