WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:WHA - NL0000289213 - REIT
18.74 EUR
+0.02 (+0.11%)
Taking everything into account, WHA scores 4 out of 10 in our fundamental rating. 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 has a valuation in line with the averages, but it does not seem to be growing.
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.
The reported net income has been mixed in the past 5 years: WHA reported negative net income in multiple years.
In the past 5 years WHA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.47%, WHA is in the better half of the industry, outperforming 70.73% of the companies in the same industry.
The Return On Equity of WHA (8.34%) is better than 75.61% of its industry peers.
WHA has a better Return On Invested Capital (4.29%) than 73.17% 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 3.63%.
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 has a Profit Margin (43.25%) which is in line with its industry peers.
WHA has a Operating Margin (64.55%) which is in line with its industry peers.
WHA's Operating Margin has been stable in the last couple of years.
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
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.
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 0.07, we must say that WHA is in the distress zone and has some risk of bankruptcy.
WHA's Altman-Z score of 0.07 is on the low side compared to the rest of the industry. WHA is outperformed by 95.12% of its industry peers.
WHA has a debt to FCF ratio of 10.96. This is a negative value and a sign of low solvency as WHA would need 10.96 years to pay back of all of its debts.
WHA has a better Debt to FCF ratio (10.96) than 63.41% 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.
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 | 0.07 |
ROIC/WACC0.88
WACC4.87%
2.3 Liquidity
A Current Ratio of 0.28 indicates that WHA may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.28, WHA is doing worse than 70.73% of the companies in the same industry.
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.
The Quick ratio of WHA (0.28) is worse than 65.85% 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 -14.74%.
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
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.
The Revenue is expected to grow by 6.35% on average over the next years.
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
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WHA is valuated reasonably with a Price/Earnings ratio of 9.42.
Based on the Price/Earnings ratio, WHA is valued cheaper than 85.37% of the companies in the same industry.
WHA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.56.
Based on the Price/Forward Earnings ratio of 10.10, the valuation of WHA can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 70.73% of the companies listed in the same industry.
WHA is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 10.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WHA is valued a bit 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 | 8.8 | ||
| EV/EBITDA | 14.24 |
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)3.65
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.
WHA's Dividend Yield is a higher than the industry average which is at 5.22.
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 (12/12/2025, 7:00:00 PM)
18.74
+0.02 (+0.11%)
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 Cap869.54M
Revenue(TTM)203.49M
Net Income(TTM)88.00M
Analysts71.11
Price Target19.2 (2.45%)
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 | 9.42 | ||
| Fwd PE | 10.1 | ||
| P/S | 4.27 | ||
| P/FCF | 8.8 | ||
| P/OCF | 8.78 | ||
| P/B | 0.82 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 14.24 |
EPS(TTM)1.99
EY10.62%
EPS(NY)1.86
Fwd EY9.9%
FCF(TTM)2.13
FCFY11.36%
OCF(TTM)2.13
OCFY11.39%
SpS4.39
BVpS22.74
TBVpS22.73
PEG (NY)3.65
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 | 0.07 |
F-Score5
WACC4.87%
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%.