WERELDHAVE NV (WHA.AS) Fundamental Analysis & Valuation

AMS:WHA • NL0000289213

Current stock price

22.45 EUR
+0.05 (+0.22%)
Last:

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

7

1. WHA.AS Profitability Analysis

1.1 Basic Checks

  • In the past year WHA was profitable.
  • In the past year WHA had a positive cash flow from operations.
  • WHA had positive earnings in 4 of the past 5 years.
  • WHA had a positive operating cash flow in each of the past 5 years.
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 better Return On Assets (4.53%) than 71.43% of its industry peers.
  • WHA has a Return On Equity of 10.99%. This is amongst the best in the industry. WHA outperforms 90.48% of its industry peers.
  • WHA has a Return On Invested Capital of 7.02%. This is amongst the best in the industry. WHA outperforms 95.24% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for WHA is in line with the industry average of 3.84%.
  • The last Return On Invested Capital (7.02%) for WHA is above the 3 year average (4.64%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.53%
ROE 10.99%
ROIC 7.02%
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 (37.01%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of WHA has remained more or less at the same level.
  • WHA's Operating Margin of 64.15% is in line compared to the rest of the industry. WHA outperforms 42.86% of its industry peers.
  • In the last couple of years the Operating Margin of WHA has grown nicely.
  • WHA has a Gross Margin of 71.16%. This is comparable to the rest of the industry: WHA outperforms 47.62% of its industry peers.
  • WHA's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 64.15%
PM (TTM) 37.01%
GM 71.16%
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 just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for WHA has been increased compared to 1 year ago.
  • The number of shares outstanding for WHA has been increased compared to 5 years ago.
  • WHA has a worse debt/assets ratio than last year.
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

  • WHA has an Altman-Z score of 0.36. This is a bad value and indicates that WHA is not financially healthy and even has some risk of bankruptcy.
  • WHA's Altman-Z score of 0.36 is on the low side compared to the rest of the industry. WHA is outperformed by 85.71% of its industry peers.
  • WHA has a debt to FCF ratio of 10.74. This is a negative value and a sign of low solvency as WHA would need 10.74 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 10.74, WHA is doing good in the industry, outperforming 71.43% of the companies in the same industry.
  • A Debt/Equity ratio of 1.00 indicates that WHA is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 1.00, WHA is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1
Debt/FCF 10.74
Altman-Z 0.36
ROIC/WACC1.34
WACC5.22%
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 fine compared to the rest of the industry. WHA outperforms 64.29% 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 of 0.77. This is in the better half of the industry: WHA outperforms 64.29% of its industry peers.
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 slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.21%.
  • WHA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.97% yearly.
  • Looking at the last year, WHA shows a very strong growth in Revenue. The Revenue has grown by 68.06%.
  • The Revenue has been decreasing by -0.42% on average over the past years.
EPS 1Y (TTM)-1.21%
EPS 3Y3.97%
EPS 5YN/A
EPS Q2Q%65.12%
Revenue 1Y (TTM)68.06%
Revenue growth 3Y9.89%
Revenue growth 5Y-0.42%
Sales Q2Q%123.74%

3.2 Future

  • The Earnings Per Share is expected to grow by 0.19% on average over the next years.
  • The Revenue is expected to grow by 1.28% on average over the next years.
EPS Next Y3.3%
EPS Next 2Y2.74%
EPS Next 3Y0.19%
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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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

6

4. WHA.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 8.57, the valuation of WHA can be described as reasonable.
  • Based on the Price/Earnings ratio, WHA is valued cheaper than 88.10% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.78, WHA is valued rather cheaply.
  • WHA is valuated correctly with a Price/Forward Earnings ratio of 12.13.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of WHA is on the same level as its industry peers.
  • The average S&P500 Price/Forward Earnings ratio is at 23.54. WHA is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 8.57
Fwd PE 12.13
WHA.AS Price Earnings VS Forward Price EarningsWHA.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • WHA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WHA is cheaper than 97.62% of the companies in the same industry.
  • 73.81% of the companies in the same industry are more expensive than WHA, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 10.03
EV/EBITDA 9.58
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)2.6
PEG (5Y)N/A
EPS Next 2Y2.74%
EPS Next 3Y0.19%

More info and screens

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

7

5. WHA.AS Dividend Analysis

5.1 Amount

  • WHA has a Yearly Dividend Yield of 6.36%, which is a nice return.
  • WHA's Dividend Yield is a higher than the industry average which is at 5.32.
  • Compared to an average S&P500 Dividend Yield of 1.89, WHA pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.36%

5.2 History

  • The dividend of WHA is nicely growing with an annual growth rate of 8.76%!
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

  • 48.35% of the earnings are spent on dividend by WHA. This is a bit on the high side, but may be sustainable.
  • The dividend of WHA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.35%
EPS Next 2Y2.74%
EPS Next 3Y0.19%
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 (4/10/2026, 7:00:00 PM)

22.45

+0.05 (+0.22%)

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 Owners31.36%
Inst Owner ChangeN/A
Ins Owners18.27%
Ins Owner ChangeN/A
Market Cap1.05B
Revenue(TTM)322.87M
Net Income(TTM)119.50M
Analysts70.91
Price Target21.18 (-5.66%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.36%
Yearly Dividend1.29
Dividend Growth(5Y)8.76%
DP48.35%
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 8.57
Fwd PE 12.13
P/S 3.24
P/FCF 10.03
P/OCF 10.01
P/B 0.96
P/tB 0.96
EV/EBITDA 9.58
EPS(TTM)2.62
EY11.67%
EPS(NY)1.85
Fwd EY8.25%
FCF(TTM)2.24
FCFY9.97%
OCF(TTM)2.24
OCFY9.99%
SpS6.92
BVpS23.3
TBVpS23.3
PEG (NY)2.6
PEG (5Y)N/A
Graham Number37.06
Profitability
Industry RankSector Rank
ROA 4.53%
ROE 10.99%
ROCE 8.54%
ROIC 7.02%
ROICexc 7.33%
ROICexgc 7.33%
OM 64.15%
PM (TTM) 37.01%
GM 71.16%
FCFM 32.35%
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-Score4
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 1
Debt/FCF 10.74
Debt/EBITDA 5.19
Cap/Depr 13.86%
Cap/Sales 0.05%
Interest Coverage 5.54
Cash Conversion 50.22%
Profit Quality 87.42%
Current Ratio 0.77
Quick Ratio 0.77
Altman-Z 0.36
F-Score4
WACC5.22%
ROIC/WACC1.34
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)-1.21%
EPS 3Y3.97%
EPS 5YN/A
EPS Q2Q%65.12%
EPS Next Y3.3%
EPS Next 2Y2.74%
EPS Next 3Y0.19%
EPS Next 5YN/A
Revenue 1Y (TTM)68.06%
Revenue growth 3Y9.89%
Revenue growth 5Y-0.42%
Sales Q2Q%123.74%
Revenue Next Year0.69%
Revenue Next 2Y1.73%
Revenue Next 3Y1.28%
Revenue Next 5YN/A
EBIT growth 1Y66.82%
EBIT growth 3Y13.9%
EBIT growth 5Y3.29%
EBIT Next Year-2.6%
EBIT Next 3Y0.35%
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 5 / 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.


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

WERELDHAVE NV (WHA.AS) has a profitability rating of 7 / 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.