WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:WHA - NL0000289213 - REIT
20 EUR
+0.32 (+1.63%)
WHA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 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 is valued correctly, 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.
In multiple years WHA reported negative net income over the last 5 years.
Each year in the past 5 years WHA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of WHA (3.50%) is better than 69.05% of its industry peers.
The Return On Equity of WHA (8.40%) is better than 76.19% of its industry peers.
WHA's Return On Invested Capital of 4.30% is fine compared to the rest of the industry. WHA outperforms 73.81% of its industry peers.
WHA had an Average Return On Invested Capital over the past 3 years of 3.94%. This is in line with the industry average of 3.45%.
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 54.76% of the companies in the same industry.
WHA's Operating Margin of 64.70% is in line compared to the rest of the industry. WHA outperforms 42.86% of its industry peers.
WHA's Operating Margin has been stable in the last couple of years.
WHA has a Gross Margin of 71.57%. This is comparable to the rest of the industry: WHA outperforms 47.62% of 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 | 64.7% | ||
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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
Based on the Altman-Z score of 0.09, 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 0.09, WHA is doing worse than 92.86% of the companies in the same industry.
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.
The Debt to FCF ratio of WHA (10.91) is better than 64.29% of its industry peers.
A Debt/Equity ratio of 0.90 indicates that WHA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.90, WHA is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 10.91 | ||
| Altman-Z | 0.09 |
ROIC/WACC0.87
WACC4.96%
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 64.29% 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.
WHA has a Quick ratio of 0.28. This is comparable to the rest of the industry: WHA outperforms 40.48% 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 -15.97% in the last year.
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
The Earnings Per Share is expected to grow by 2.92% on average over the next years.
WHA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.35% yearly.
EPS Next Y1.15%
EPS Next 2Y1.78%
EPS Next 3Y2.92%
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
WHA is valuated reasonably with a Price/Earnings ratio of 10.05.
WHA's Price/Earnings ratio is rather cheap when compared to the industry. WHA is cheaper than 85.71% 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 27.30.
With a Price/Forward Earnings ratio of 10.96, the valuation of WHA can be described as very reasonable.
64.29% of the companies in the same industry are more expensive than WHA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of WHA to the average of the S&P500 Index (24.04), we can say WHA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.05 | ||
| Fwd PE | 10.96 |
4.2 Price Multiples
73.81% of the companies in the same industry are more expensive than WHA, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 73.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.34 | ||
| EV/EBITDA | 14.53 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WHA does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)8.77
PEG (5Y)N/A
EPS Next 2Y1.78%
EPS Next 3Y2.92%
5. Dividend
5.1 Amount
WHA has a Yearly Dividend Yield of 6.33%, which is a nice return.
WHA's Dividend Yield is a higher than the industry average which is at 4.99.
Compared to an average S&P500 Dividend Yield of 1.92, WHA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
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
WHA pays out 75.72% of its income as dividend. This is not a sustainable payout ratio.
DP75.72%
EPS Next 2Y1.78%
EPS Next 3Y2.92%
AMS:WHA (1/13/2026, 5:29:55 PM)
20
+0.32 (+1.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners30.02%
Inst Owner ChangeN/A
Ins Owners18.27%
Ins Owner ChangeN/A
Market Cap928.00M
Revenue(TTM)203.49M
Net Income(TTM)88.65M
Analysts71.11
Price Target19.2 (-4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
Yearly Dividend1.2
Dividend Growth(5Y)-13.76%
DP75.72%
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)2.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.4%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.05 | ||
| Fwd PE | 10.96 | ||
| P/S | 4.56 | ||
| P/FCF | 9.34 | ||
| P/OCF | 9.33 | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 14.53 |
EPS(TTM)1.99
EY9.95%
EPS(NY)1.83
Fwd EY9.13%
FCF(TTM)2.14
FCFY10.7%
OCF(TTM)2.14
OCFY10.72%
SpS4.39
BVpS22.74
TBVpS22.74
PEG (NY)8.77
PEG (5Y)N/A
Graham Number31.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 8.4% | ||
| ROCE | 5.84% | ||
| ROIC | 4.3% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.35% | ||
| OM | 64.7% | ||
| PM (TTM) | 43.57% | ||
| GM | 71.57% | ||
| FCFM | 48.8% |
ROA(3y)3.71%
ROA(5y)-1.36%
ROE(3y)8.68%
ROE(5y)-3.34%
ROIC(3y)3.94%
ROIC(5y)3.93%
ROICexc(3y)3.98%
ROICexc(5y)3.99%
ROICexgc(3y)3.98%
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 3Y5.31%
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 | 0.9 | ||
| Debt/FCF | 10.91 | ||
| Debt/EBITDA | 7.11 | ||
| Cap/Depr | 15.49% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 3.75 | ||
| Cash Conversion | 74.88% | ||
| Profit Quality | 112.02% | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.09 |
F-Score5
WACC4.96%
ROIC/WACC0.87
Cap/Depr(3y)34.35%
Cap/Depr(5y)27.26%
Cap/Sales(3y)0.25%
Cap/Sales(5y)0.21%
Profit Quality(3y)99.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.52%
EPS Next Y1.15%
EPS Next 2Y1.78%
EPS Next 3Y2.92%
EPS Next 5YN/A
Revenue 1Y (TTM)7.35%
Revenue growth 3Y0.24%
Revenue growth 5Y-4.42%
Sales Q2Q%11.89%
Revenue Next Year16.34%
Revenue Next 2Y8.8%
Revenue Next 3Y6.35%
Revenue Next 5YN/A
EBIT growth 1Y13.86%
EBIT growth 3Y5.56%
EBIT growth 5Y-4.24%
EBIT Next Year8.74%
EBIT Next 3Y4.21%
EBIT Next 5YN/A
FCF growth 1Y21.68%
FCF growth 3Y4.84%
FCF growth 5Y-4.2%
OCF growth 1Y21.45%
OCF growth 3Y4.72%
OCF growth 5Y-4.26%
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 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.
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%.