WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe - AMS:WHA - NL0000289213 - REIT
19.02 EUR
+0.12 (+0.63%)
Overall WHA gets a fundamental rating of 4 out of 10. We evaluated WHA against 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.
WHA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WHA has a Return On Assets of 3.47%. This is in the better half of the industry: WHA outperforms 73.17% of its industry peers.
The Return On Equity of WHA (8.34%) is better than 78.05% of its industry peers.
WHA has a better Return On Invested Capital (4.29%) than 75.61% 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 3.46%.
The last Return On Invested Capital (4.29%) for WHA is above the 3 year average (3.93%), which is a sign of increasing profitability.
| 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 of 43.25%. This is comparable to the rest of the industry: WHA outperforms 56.10% of its industry peers.
Looking at the Operating Margin, with a value of 64.55%, WHA is in line with its industry, outperforming 46.34% of the companies in the same industry.
In the last couple of years the Operating Margin of WHA has remained more or less at the same level.
WHA has a Gross Margin of 71.57%. This is comparable to the rest of the industry: WHA outperforms 46.34% 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 | 64.55% | ||
| 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.
The number of shares outstanding for WHA remains at a similar level compared to 1 year ago.
WHA has more shares outstanding than it did 5 years ago.
WHA has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.08, we must say that WHA is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.08, WHA is not doing good in the industry: 92.68% of the companies in the same industry are doing better.
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.
The Debt to FCF ratio of WHA (10.96) is better than 65.85% 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 | 0.08 |
ROIC/WACC0.87
WACC4.93%
2.3 Liquidity
WHA has a Current 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 worse Current ratio (0.28) than 68.29% 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.
The Quick ratio of WHA (0.28) is worse than 63.41% 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 -14.74% in the last year.
Looking at the last year, WHA shows a small growth in Revenue. The Revenue has grown by 7.35% in the last year.
WHA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.42% yearly.
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
The Earnings Per Share is expected to grow by 3.01% on average over the next years.
Based on estimates for the next years, WHA will show a small growth in Revenue. The Revenue will grow by 6.35% on average per year.
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 9.56.
Compared to the rest of the industry, the Price/Earnings ratio of WHA indicates a rather cheap valuation: WHA is cheaper than 82.93% of the companies listed in the same industry.
WHA is valuated cheaply when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.25, which indicates a very decent valuation of WHA.
70.73% of the companies in the same industry are more expensive than WHA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.98. WHA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.56 | ||
| Fwd PE | 10.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 75.61% of the companies listed in the same industry.
WHA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WHA is cheaper than 78.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.93 | ||
| EV/EBITDA | 14.29 |
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)3.71
PEG (5Y)N/A
EPS Next 2Y2.62%
EPS Next 3Y3.01%
5. Dividend
5.1 Amount
WHA has a Yearly Dividend Yield of 6.79%, which is a nice return.
Compared to an average industry Dividend Yield of 5.79, WHA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, 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 (11/19/2025, 5:29:45 PM)
19.02
+0.12 (+0.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners28.76%
Inst Owner ChangeN/A
Ins Owners18.27%
Ins Owner ChangeN/A
Market Cap882.53M
Revenue(TTM)203.49M
Net Income(TTM)88.00M
Analysts71.11
Price Target18.79 (-1.21%)
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)0%
PT rev (3m)6.97%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.47%
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 | 9.56 | ||
| Fwd PE | 10.25 | ||
| P/S | 4.34 | ||
| P/FCF | 8.93 | ||
| P/OCF | 8.91 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 14.29 |
EPS(TTM)1.99
EY10.46%
EPS(NY)1.86
Fwd EY9.76%
FCF(TTM)2.13
FCFY11.2%
OCF(TTM)2.13
OCFY11.22%
SpS4.39
BVpS22.74
TBVpS22.73
PEG (NY)3.71
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 | 0.08 |
F-Score5
WACC4.93%
ROIC/WACC0.87
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 Year20.51%
EBIT Next 3Y8.19%
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%.