WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe • Euronext Amsterdam • AMS:WHA • NL0000289213
20.85 EUR
+0.2 (+0.97%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 4 out of 10 to WHA. WHA was compared to 41 industry peers in the Diversified REITs industry. WHA has a medium profitability rating, but doesn't score so well on its financial health evaluation. WHA is valued correctly, but it does not seem to be growing.
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.
- WHA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 3.50%, WHA is doing good in the industry, outperforming 70.73% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 8.40%, WHA is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
- With a decent Return On Invested Capital value of 4.30%, WHA is doing good in the industry, outperforming 75.61% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for WHA is in line with the industry average of 3.37%.
- 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
- With a Profit Margin value of 43.57%, WHA perfoms like the industry average, outperforming 56.10% of the companies in the same industry.
- The Operating Margin of WHA (64.70%) is comparable to the rest of the 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 | 64.7% | ||
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WHA is destroying value.
- The number of shares outstanding for WHA remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, WHA has more shares outstanding
- WHA has a better debt/assets ratio than last year.
2.2 Solvency
- WHA has an Altman-Z score of 0.11. This is a bad value and indicates that WHA is not financially healthy and even has some risk of bankruptcy.
- WHA has a worse Altman-Z score (0.11) than 92.68% 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.
- Looking at the Debt to FCF ratio, with a value of 10.91, WHA is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
- A Debt/Equity ratio of 0.90 indicates that WHA is somewhat dependend on debt financing.
- WHA has a worse Debt to Equity ratio (0.90) than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 10.91 | ||
| Altman-Z | 0.11 |
ROIC/WACC0.86
WACC5.01%
2.3 Liquidity
- A Current Ratio of 0.28 indicates that WHA may have some problems paying its short term obligations.
- With a Current ratio value of 0.28, WHA is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
- A Quick Ratio of 0.28 indicates that WHA may have some problems paying its short term obligations.
- WHA has a Quick ratio of 0.28. This is in the lower half of the industry: WHA underperforms 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
- WHA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.97%.
- The Revenue has been growing slightly by 7.35% in the past year.
- WHA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.42% yearly.
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 3.88% on average per year.
- WHA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.35% yearly.
EPS Next Y2.69%
EPS Next 2Y3.52%
EPS Next 3Y3.88%
EPS Next 5YN/A
Revenue Next Year16.34%
Revenue Next 2Y8.8%
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
- A Price/Earnings ratio of 10.48 indicates a reasonable valuation of WHA.
- Compared to the rest of the industry, the Price/Earnings ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 73.17% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of WHA to the average of the S&P500 Index (28.32), we can say WHA is valued rather cheaply.
- WHA is valuated reasonably with a Price/Forward Earnings ratio of 11.04.
- Based on the Price/Forward Earnings ratio, WHA is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, WHA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.48 | ||
| Fwd PE | 11.04 |
4.2 Price Multiples
- 75.61% of the companies in the same industry are more expensive than WHA, based on the Enterprise Value to EBITDA ratio.
- WHA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WHA is cheaper than 73.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.74 | ||
| EV/EBITDA | 14.94 |
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)3.89
PEG (5Y)N/A
EPS Next 2Y3.52%
EPS Next 3Y3.88%
5. Dividend
5.1 Amount
- WHA has a Yearly Dividend Yield of 6.08%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.43, WHA pays a bit more dividend than its industry peers.
- WHA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.08% |
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
- 75.72% of the earnings are spent on dividend by WHA. This is not a sustainable payout ratio.
DP75.72%
EPS Next 2Y3.52%
EPS Next 3Y3.88%
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.
What is the valuation status for WHA stock?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the financial health for WHA stock?
The financial health rating of WERELDHAVE NV (WHA.AS) is 2 / 10.
How sustainable is the dividend of WERELDHAVE NV (WHA.AS) stock?
The dividend rating of WERELDHAVE NV (WHA.AS) is 5 / 10 and the dividend payout ratio is 75.72%.