WERELDHAVE NV (WHA.AS) Fundamental Analysis & Valuation

AMS:WHA • NL0000289213

Current stock price

22.2 EUR
0 (0%)
Last:

This WHA.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. WHA.AS Profitability Analysis

1.1 Basic Checks

  • WHA had positive earnings in the past year.
  • WHA had a positive operating cash flow in the past year.
  • WHA had positive earnings in 4 of the past 5 years.
  • In the past 5 years WHA always reported a positive cash flow from operatings.
WHA.AS Yearly Net Income VS EBIT VS OCF VS FCFWHA.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M -300M

1.2 Ratios

  • WHA has a Return On Assets of 2.78%. This is comparable to the rest of the industry: WHA outperforms 48.78% of its industry peers.
  • WHA has a Return On Equity of 6.75%. This is comparable to the rest of the industry: WHA outperforms 53.66% of its industry peers.
  • WHA has a Return On Invested Capital of 4.73%. This is amongst the best in the industry. WHA outperforms 80.49% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for WHA is in line with the industry average of 3.75%.
  • The last Return On Invested Capital (4.73%) for WHA is above the 3 year average (4.64%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.78%
ROE 6.75%
ROIC 4.73%
ROA(3y)3.73%
ROA(5y)0.56%
ROE(3y)8.77%
ROE(5y)1.34%
ROIC(3y)4.64%
ROIC(5y)4.56%
WHA.AS Yearly ROA, ROE, ROICWHA.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20

1.3 Margins

  • WHA has a Profit Margin of 33.98%. This is comparable to the rest of the industry: WHA outperforms 43.90% of its industry peers.
  • WHA's Profit Margin has been stable in the last couple of years.
  • The Operating Margin of WHA (64.64%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of WHA has grown nicely.
  • The Gross Margin of WHA (71.57%) is comparable to the rest of the industry.
  • WHA's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 64.64%
PM (TTM) 33.98%
GM 71.57%
OM growth 3Y3.65%
OM growth 5Y3.73%
PM growth 3Y-1.17%
PM growth 5YN/A
GM growth 3Y0.36%
GM growth 5Y3.47%
WHA.AS Yearly Profit, Operating, Gross MarginsWHA.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. WHA.AS Health Analysis

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 more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for WHA has been increased compared to 5 years ago.
  • Compared to 1 year ago, WHA has a worse debt to assets ratio.
WHA.AS Yearly Shares OutstandingWHA.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
WHA.AS Yearly Total Debt VS Total AssetsWHA.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • Based on the Altman-Z score of 0.23, we must say that WHA is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.23, WHA is doing worse than 95.12% of the companies in the same industry.
  • The Debt to FCF ratio of WHA is 10.74, which is on the high side as it means it would take WHA, 10.74 years of fcf income to pay off all of its debts.
  • WHA's Debt to FCF ratio of 10.74 is fine compared to the rest of the industry. WHA outperforms 73.17% of its industry peers.
  • WHA has a Debt/Equity ratio of 1.00. This is a neutral value indicating WHA is somewhat dependend on debt financing.
  • WHA has a Debt to Equity ratio of 1.00. This is in the lower half of the industry: WHA underperforms 75.61% of its industry peers.
Industry RankSector Rank
Debt/Equity 1
Debt/FCF 10.74
Altman-Z 0.23
ROIC/WACC0.91
WACC5.18%
WHA.AS Yearly LT Debt VS Equity VS FCFWHA.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 0.77 indicates that WHA may have some problems paying its short term obligations.
  • WHA's Current ratio of 0.77 is in line compared to the rest of the industry. WHA outperforms 56.10% of its industry peers.
  • A Quick Ratio of 0.77 indicates that WHA may have some problems paying its short term obligations.
  • WHA has a Quick ratio (0.77) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.77
Quick Ratio 0.77
WHA.AS Yearly Current Assets VS Current LiabilitesWHA.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. WHA.AS Growth Analysis

3.1 Past

  • WHA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -39.56%.
  • WHA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.87% yearly.
  • The Revenue has grown by 12.36% in the past year. This is quite good.
  • The Revenue has been decreasing by -0.42% on average over the past years.
EPS 1Y (TTM)-39.56%
EPS 3Y3.87%
EPS 5YN/A
EPS Q2Q%-39.62%
Revenue 1Y (TTM)12.36%
Revenue growth 3Y9.89%
Revenue growth 5Y-0.42%
Sales Q2Q%12.82%

3.2 Future

  • WHA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.74% yearly.
  • Based on estimates for the next years, WHA will show a small growth in Revenue. The Revenue will grow by 1.28% on average per year.
EPS Next Y3.3%
EPS Next 2Y3.15%
EPS Next 3Y1.74%
EPS Next 5YN/A
Revenue Next Year0.69%
Revenue Next 2Y1.73%
Revenue Next 3Y1.28%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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.
WHA.AS Yearly Revenue VS EstimatesWHA.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M 250M
WHA.AS Yearly EPS VS EstimatesWHA.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

5

4. WHA.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 13.87 indicates a correct valuation of WHA.
  • WHA's Price/Earnings ratio is in line with the industry average.
  • WHA is valuated rather cheaply when we compare the Price/Earnings ratio to 27.34, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 11.99 indicates a reasonable valuation of WHA.
  • WHA's Price/Forward Earnings is on the same level as the industry average.
  • WHA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 38.18.
Industry RankSector Rank
PE 13.87
Fwd PE 11.99
WHA.AS Price Earnings VS Forward Price EarningsWHA.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, WHA is valued cheaper than 82.93% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, WHA is valued a bit cheaper than 70.73% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.92
EV/EBITDA 14.11
WHA.AS Per share dataWHA.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of WHA may justify a higher PE ratio.
PEG (NY)4.21
PEG (5Y)N/A
EPS Next 2Y3.15%
EPS Next 3Y1.74%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. WHA.AS Dividend Analysis

5.1 Amount

  • WHA has a Yearly Dividend Yield of 5.80%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.18, WHA pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, WHA pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.8%

5.2 History

  • On average, the dividend of WHA grows each year by 8.76%, which is quite nice.
Dividend Growth(5Y)8.76%
Div Incr Years5
Div Non Decr Years5
WHA.AS Yearly Dividends per shareWHA.AS Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • WHA pays out 78.78% of its income as dividend. This is not a sustainable payout ratio.
  • WHA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP78.78%
EPS Next 2Y3.15%
EPS Next 3Y1.74%
WHA.AS Yearly Income VS Free CF VS DividendWHA.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M -200M -300M
WHA.AS Dividend Payout.WHA.AS Dividend Payout, showing the Payout Ratio.WHA.AS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

WHA.AS Fundamentals: All Metrics, Ratios and Statistics

WERELDHAVE NV

AMS:WHA (4/14/2026, 7:00:00 PM)

22.2

0 (0%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-10
Earnings (Next)07-21
Inst Owners32.07%
Inst Owner ChangeN/A
Ins Owners18.17%
Ins Owner ChangeN/A
Market Cap1.04B
Revenue(TTM)215.86M
Net Income(TTM)73.34M
Analysts70.91
Price Target21.18 (-4.59%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.8%
Yearly Dividend1.29
Dividend Growth(5Y)8.76%
DP78.78%
Div Incr Years5
Div Non Decr Years5
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)4.25%
PT rev (3m)10.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.61%
Revenue NY rev (3m)1.42%
Valuation
Industry RankSector Rank
PE 13.87
Fwd PE 11.99
P/S 4.8
P/FCF 9.92
P/OCF 9.9
P/B 0.95
P/tB 0.95
EV/EBITDA 14.11
EPS(TTM)1.6
EY7.21%
EPS(NY)1.85
Fwd EY8.34%
FCF(TTM)2.24
FCFY10.08%
OCF(TTM)2.24
OCFY10.1%
SpS4.63
BVpS23.3
TBVpS23.3
PEG (NY)4.21
PEG (5Y)N/A
Graham Number28.96
Profitability
Industry RankSector Rank
ROA 2.78%
ROE 6.75%
ROCE 5.75%
ROIC 4.73%
ROICexc 4.94%
ROICexgc 4.94%
OM 64.64%
PM (TTM) 33.98%
GM 71.57%
FCFM 48.4%
ROA(3y)3.73%
ROA(5y)0.56%
ROE(3y)8.77%
ROE(5y)1.34%
ROIC(3y)4.64%
ROIC(5y)4.56%
ROICexc(3y)4.74%
ROICexc(5y)4.64%
ROICexgc(3y)4.74%
ROICexgc(5y)4.64%
ROCE(3y)5.62%
ROCE(5y)5.54%
ROICexgc growth 3Y6.09%
ROICexgc growth 5Y3.29%
ROICexc growth 3Y6.09%
ROICexc growth 5Y3.29%
OM growth 3Y3.65%
OM growth 5Y3.73%
PM growth 3Y-1.17%
PM growth 5YN/A
GM growth 3Y0.36%
GM growth 5Y3.47%
F-Score5
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 1
Debt/FCF 10.74
Debt/EBITDA 7.69
Cap/Depr 13.86%
Cap/Sales 0.08%
Interest Coverage 3.74
Cash Conversion 74.33%
Profit Quality 142.43%
Current Ratio 0.77
Quick Ratio 0.77
Altman-Z 0.23
F-Score5
WACC5.18%
ROIC/WACC0.91
Cap/Depr(3y)37.95%
Cap/Depr(5y)27.98%
Cap/Sales(3y)0.26%
Cap/Sales(5y)0.21%
Profit Quality(3y)108.17%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-39.56%
EPS 3Y3.87%
EPS 5YN/A
EPS Q2Q%-39.62%
EPS Next Y3.3%
EPS Next 2Y3.15%
EPS Next 3Y1.74%
EPS Next 5YN/A
Revenue 1Y (TTM)12.36%
Revenue growth 3Y9.89%
Revenue growth 5Y-0.42%
Sales Q2Q%12.82%
Revenue Next Year0.69%
Revenue Next 2Y1.73%
Revenue Next 3Y1.28%
Revenue Next 5YN/A
EBIT growth 1Y12.38%
EBIT growth 3Y13.9%
EBIT growth 5Y3.29%
EBIT Next Year-0.94%
EBIT Next 3Y1.54%
EBIT Next 5YN/A
FCF growth 1Y13.33%
FCF growth 3Y16.24%
FCF growth 5Y1.45%
OCF growth 1Y13.3%
OCF growth 3Y16.25%
OCF growth 5Y1.44%

WERELDHAVE NV / WHA.AS Fundamental Analysis 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.


How profitable is WERELDHAVE NV (WHA.AS) stock?

WERELDHAVE NV (WHA.AS) has a profitability rating of 6 / 10.


What is the financial health of WERELDHAVE NV (WHA.AS) stock?

The financial health rating of WERELDHAVE NV (WHA.AS) is 2 / 10.


What is the expected EPS growth for WERELDHAVE NV (WHA.AS) stock?

The Earnings per Share (EPS) of WERELDHAVE NV (WHA.AS) is expected to grow by 3.3% in the next year.