ACKERMANS & VAN HAAREN (ACKB.BR) Stock Fundamental Analysis

Europe • Euronext Brussels • EBR:ACKB • BE0003764785

263 EUR
+6 (+2.33%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

4

ACKB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 44 industry peers in the Construction & Engineering industry. There are concerns on the financial health of ACKB while its profitability can be described as average. ACKB is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year ACKB was profitable.
  • ACKB had a positive operating cash flow in the past year.
  • Each year in the past 5 years ACKB has been profitable.
  • Each year in the past 5 years ACKB had a positive operating cash flow.
ACKB.BR Yearly Net Income VS EBIT VS OCF VS FCFACKB.BR 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 0 500M 1B

1.2 Ratios

  • The Return On Assets of ACKB (2.58%) is comparable to the rest of the industry.
  • With a Return On Equity value of 9.93%, ACKB is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
  • ACKB has a Return On Invested Capital of 5.18%. This is in the lower half of the industry: ACKB underperforms 69.05% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ACKB is significantly below the industry average of 11.41%.
  • The 3 year average ROIC (3.75%) for ACKB is below the current ROIC(5.18%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.58%
ROE 9.93%
ROIC 5.18%
ROA(3y)2.79%
ROA(5y)2.43%
ROE(3y)10.71%
ROE(5y)9.77%
ROIC(3y)3.75%
ROIC(5y)3.25%
ACKB.BR Yearly ROA, ROE, ROICACKB.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • ACKB's Profit Margin of 8.60% is fine compared to the rest of the industry. ACKB outperforms 78.57% of its industry peers.
  • In the last couple of years the Profit Margin of ACKB has declined.
  • ACKB has a Operating Margin of 10.22%. This is in the better half of the industry: ACKB outperforms 78.57% of its industry peers.
  • In the last couple of years the Operating Margin of ACKB has grown nicely.
  • ACKB has a Gross Margin (38.55%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of ACKB has remained more or less at the same level.
Industry RankSector Rank
OM 10.22%
PM (TTM) 8.6%
GM 38.55%
OM growth 3Y6.69%
OM growth 5Y4.48%
PM growth 3Y-6.91%
PM growth 5Y-3.82%
GM growth 3Y0.27%
GM growth 5Y1.41%
ACKB.BR Yearly Profit, Operating, Gross MarginsACKB.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ACKB is still creating some value.
  • The number of shares outstanding for ACKB remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for ACKB has been reduced compared to 5 years ago.
  • ACKB has a better debt/assets ratio than last year.
ACKB.BR Yearly Shares OutstandingACKB.BR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
ACKB.BR Yearly Total Debt VS Total AssetsACKB.BR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • ACKB has an Altman-Z score of 0.94. This is a bad value and indicates that ACKB is not financially healthy and even has some risk of bankruptcy.
  • ACKB has a worse Altman-Z score (0.94) than 90.48% of its industry peers.
  • The Debt to FCF ratio of ACKB is 10.97, which is on the high side as it means it would take ACKB, 10.97 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 10.97, ACKB is doing worse than 61.90% of the companies in the same industry.
  • ACKB has a Debt/Equity ratio of 0.52. This is a neutral value indicating ACKB is somewhat dependend on debt financing.
  • The Debt to Equity ratio of ACKB (0.52) is better than 61.90% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 10.97
Altman-Z 0.94
ROIC/WACC1.07
WACC4.85%
ACKB.BR Yearly LT Debt VS Equity VS FCFACKB.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B 5B

2.3 Liquidity

  • A Current Ratio of 0.72 indicates that ACKB may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.72, ACKB is doing worse than 95.24% of the companies in the same industry.
  • A Quick Ratio of 0.69 indicates that ACKB may have some problems paying its short term obligations.
  • ACKB has a worse Quick ratio (0.69) than 92.86% of its industry peers.
Industry RankSector Rank
Current Ratio 0.72
Quick Ratio 0.69
ACKB.BR Yearly Current Assets VS Current LiabilitesACKB.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

5

3. Growth

3.1 Past

  • ACKB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.24%, which is quite impressive.
  • The Earnings Per Share has been growing slightly by 3.40% on average over the past years.
  • Looking at the last year, ACKB shows a quite strong growth in Revenue. The Revenue has grown by 9.01% in the last year.
  • Measured over the past years, ACKB shows a small growth in Revenue. The Revenue has been growing by 7.19% on average per year.
EPS 1Y (TTM)24.24%
EPS 3Y4.64%
EPS 5Y3.4%
EPS Q2Q%36.25%
Revenue 1Y (TTM)9.01%
Revenue growth 3Y11.91%
Revenue growth 5Y7.19%
Sales Q2Q%5.12%

3.2 Future

  • Based on estimates for the next years, ACKB will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.24% on average per year.
  • Based on estimates for the next years, ACKB will show a small growth in Revenue. The Revenue will grow by 1.38% on average per year.
EPS Next Y20.74%
EPS Next 2Y11.51%
EPS Next 3Y11.63%
EPS Next 5Y9.24%
Revenue Next Year0.37%
Revenue Next 2Y1.76%
Revenue Next 3Y1.38%
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 accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ACKB.BR Yearly Revenue VS EstimatesACKB.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B
ACKB.BR Yearly EPS VS EstimatesACKB.BR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5 10 15 20

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 16.16, which indicates a correct valuation of ACKB.
  • Compared to the rest of the industry, the Price/Earnings ratio of ACKB is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 27.93, ACKB is valued a bit cheaper.
  • A Price/Forward Earnings ratio of 14.38 indicates a correct valuation of ACKB.
  • ACKB's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.77, ACKB is valued a bit cheaper.
Industry RankSector Rank
PE 16.16
Fwd PE 14.38
ACKB.BR Price Earnings VS Forward Price EarningsACKB.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ACKB's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ACKB is more expensive than 71.43% of the companies in the same industry.
  • 73.81% of the companies in the same industry are more expensive than ACKB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 9.31
EV/EBITDA 14.55
ACKB.BR Per share dataACKB.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • ACKB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.78
PEG (5Y)4.75
EPS Next 2Y11.51%
EPS Next 3Y11.63%

4

5. Dividend

5.1 Amount

  • ACKB has a Yearly Dividend Yield of 1.04%.
  • Compared to an average industry Dividend Yield of 2.45, ACKB is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.81, ACKB's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.04%

5.2 History

  • The dividend of ACKB is nicely growing with an annual growth rate of 7.81%!
Dividend Growth(5Y)7.81%
Div Incr Years5
Div Non Decr Years6
ACKB.BR Yearly Dividends per shareACKB.BR Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • 23.36% of the earnings are spent on dividend by ACKB. This is a low number and sustainable payout ratio.
  • The dividend of ACKB is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP23.36%
EPS Next 2Y11.51%
EPS Next 3Y11.63%
ACKB.BR Yearly Income VS Free CF VS DividendACKB.BR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B
ACKB.BR Dividend Payout.ACKB.BR Dividend Payout, showing the Payout Ratio.ACKB.BR Dividend Payout.PayoutRetained Earnings

ACKERMANS & VAN HAAREN

EBR:ACKB (2/6/2026, 7:00:00 PM)

263

+6 (+2.33%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)11-21
Earnings (Next)02-27
Inst Owners13.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.72B
Revenue(TTM)6.19B
Net Income(TTM)532.71M
Analysts80
Price Target267.53 (1.72%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.04%
Yearly Dividend3.37
Dividend Growth(5Y)7.81%
DP23.36%
Div Incr Years5
Div Non Decr Years6
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)5.7%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.63%
Valuation
Industry RankSector Rank
PE 16.16
Fwd PE 14.38
P/S 1.41
P/FCF 9.31
P/OCF 7.16
P/B 1.63
P/tB 1.77
EV/EBITDA 14.55
EPS(TTM)16.27
EY6.19%
EPS(NY)18.29
Fwd EY6.95%
FCF(TTM)28.25
FCFY10.74%
OCF(TTM)36.74
OCFY13.97%
SpS186.7
BVpS161.78
TBVpS148.7
PEG (NY)0.78
PEG (5Y)4.75
Graham Number243.36
Profitability
Industry RankSector Rank
ROA 2.58%
ROE 9.93%
ROCE 6.3%
ROIC 5.18%
ROICexc 6.43%
ROICexgc 6.8%
OM 10.22%
PM (TTM) 8.6%
GM 38.55%
FCFM 15.13%
ROA(3y)2.79%
ROA(5y)2.43%
ROE(3y)10.71%
ROE(5y)9.77%
ROIC(3y)3.75%
ROIC(5y)3.25%
ROICexc(3y)3.96%
ROICexc(5y)3.6%
ROICexgc(3y)4.17%
ROICexgc(5y)3.83%
ROCE(3y)4.57%
ROCE(5y)3.96%
ROICexgc growth 3Y2.17%
ROICexgc growth 5Y2.42%
ROICexc growth 3Y3.29%
ROICexc growth 5Y3%
OM growth 3Y6.69%
OM growth 5Y4.48%
PM growth 3Y-6.91%
PM growth 5Y-3.82%
GM growth 3Y0.27%
GM growth 5Y1.41%
F-Score8
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 10.97
Debt/EBITDA 2.48
Cap/Depr 57.26%
Cap/Sales 4.55%
Interest Coverage 10.83
Cash Conversion 108.38%
Profit Quality 175.86%
Current Ratio 0.72
Quick Ratio 0.69
Altman-Z 0.94
F-Score8
WACC4.85%
ROIC/WACC1.07
Cap/Depr(3y)108.72%
Cap/Depr(5y)96.92%
Cap/Sales(3y)8.38%
Cap/Sales(5y)7.72%
Profit Quality(3y)107.38%
Profit Quality(5y)117.68%
High Growth Momentum
Growth
EPS 1Y (TTM)24.24%
EPS 3Y4.64%
EPS 5Y3.4%
EPS Q2Q%36.25%
EPS Next Y20.74%
EPS Next 2Y11.51%
EPS Next 3Y11.63%
EPS Next 5Y9.24%
Revenue 1Y (TTM)9.01%
Revenue growth 3Y11.91%
Revenue growth 5Y7.19%
Sales Q2Q%5.12%
Revenue Next Year0.37%
Revenue Next 2Y1.76%
Revenue Next 3Y1.38%
Revenue Next 5YN/A
EBIT growth 1Y23.95%
EBIT growth 3Y19.39%
EBIT growth 5Y11.99%
EBIT Next Year118.97%
EBIT Next 3Y27.55%
EBIT Next 5YN/A
FCF growth 1Y709.15%
FCF growth 3Y33.46%
FCF growth 5Y68.25%
OCF growth 1Y95.83%
OCF growth 3Y21.73%
OCF growth 5Y19.25%

ACKERMANS & VAN HAAREN / ACKB.BR FAQ

What is the ChartMill fundamental rating of ACKERMANS & VAN HAAREN (ACKB.BR) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ACKB.BR.


Can you provide the valuation status for ACKERMANS & VAN HAAREN?

ChartMill assigns a valuation rating of 4 / 10 to ACKERMANS & VAN HAAREN (ACKB.BR). This can be considered as Fairly Valued.


Can you provide the profitability details for ACKERMANS & VAN HAAREN?

ACKERMANS & VAN HAAREN (ACKB.BR) has a profitability rating of 5 / 10.


What is the expected EPS growth for ACKERMANS & VAN HAAREN (ACKB.BR) stock?

The Earnings per Share (EPS) of ACKERMANS & VAN HAAREN (ACKB.BR) is expected to grow by 20.74% in the next year.


Can you provide the dividend sustainability for ACKB stock?

The dividend rating of ACKERMANS & VAN HAAREN (ACKB.BR) is 4 / 10 and the dividend payout ratio is 23.36%.