WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe - AMS:WHA - NL0000289213 - REIT
19.08 EUR
-0.04 (-0.21%)
We assign a fundamental rating of 4 out of 10 to WHA. WHA was compared to 41 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
In the past year WHA was profitable.
WHA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: WHA reported negative net income in multiple years.
WHA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WHA has a better Return On Assets (3.47%) than 73.17% of its industry peers.
With a decent Return On Equity value of 8.34%, WHA is doing good in the industry, outperforming 78.05% of the companies in the same industry.
WHA has a Return On Invested Capital of 4.29%. This is in the better half of the industry: WHA outperforms 75.61% of its industry peers.
WHA had an Average Return On Invested Capital over the past 3 years of 3.93%. This is in line with the industry average of 3.46%.
The 3 year average ROIC (3.93%) for WHA is below the current ROIC(4.29%), indicating increased profibility in the last year.
| 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.
Looking at the Operating Margin, with a value of 64.55%, WHA is in line with its industry, outperforming 46.34% of the companies in the same industry.
In the last couple of years the Operating Margin of WHA has remained more or less at the same level.
The Gross Margin of WHA (71.57%) is comparable to the rest of the industry.
WHA's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WHA is destroying value.
WHA has about the same amout of shares outstanding than it did 1 year ago.
WHA has more shares outstanding than it did 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.
With a Altman-Z score value of 0.08, WHA is not doing good in the industry: 92.68% of the companies in the same industry are doing better.
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.
The Debt to FCF ratio of WHA (10.96) is better than 65.85% of its industry peers.
WHA has a Debt/Equity ratio of 0.89. This is a neutral value indicating WHA is somewhat dependend on debt financing.
The Debt to Equity ratio of WHA (0.89) is worse than 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.96 | ||
| Altman-Z | 0.08 |
ROIC/WACC0.87
WACC4.93%
2.3 Liquidity
WHA has a Current 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.
The Current ratio of WHA (0.28) is worse than 68.29% 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 63.41% 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 -14.74% in the last year.
WHA shows a small growth in Revenue. In the last year, the Revenue has grown by 7.35%.
The Revenue has been decreasing by -4.42% on average over the past years.
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
With a Price/Earnings ratio of 9.59, the valuation of WHA can be described as very reasonable.
82.93% 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 (25.89), we can say WHA is valued rather cheaply.
A Price/Forward Earnings ratio of 10.28 indicates a reasonable valuation of WHA.
WHA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WHA is cheaper than 70.73% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, WHA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.59 | ||
| Fwd PE | 10.28 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 75.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.96 | ||
| EV/EBITDA | 14.37 |
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)3.72
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.
Compared to an average industry Dividend Yield of 5.79, WHA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, 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
WHA pays out 76.14% of its income as dividend. This is not a sustainable payout ratio.
DP76.14%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
AMS:WHA (11/17/2025, 5:28:27 PM)
19.08
-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 Owners28.76%
Inst Owner ChangeN/A
Ins Owners18.27%
Ins Owner ChangeN/A
Market Cap885.31M
Revenue(TTM)203.49M
Net Income(TTM)88.00M
Analysts71.11
Price Target18.79 (-1.52%)
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)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 | 9.59 | ||
| Fwd PE | 10.28 | ||
| P/S | 4.35 | ||
| P/FCF | 8.96 | ||
| P/OCF | 8.94 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 14.37 |
EPS(TTM)1.99
EY10.43%
EPS(NY)1.86
Fwd EY9.73%
FCF(TTM)2.13
FCFY11.16%
OCF(TTM)2.13
OCFY11.18%
SpS4.39
BVpS22.74
TBVpS22.73
PEG (NY)3.72
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
WACC4.93%
ROIC/WACC0.87
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 Year20.51%
EBIT Next 3Y8.19%
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%.