ASCENCIO (ASCE.BR) Stock Fundamental Analysis
EBR:ASCE - Euronext Brussels - BE0003856730 - REIT - Currency: EUR
ASCE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 10 industry peers in the Diversified REITs industry. While ASCE belongs to the best of the industry regarding profitability, there are concerns on its financial health. ASCE is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ASCE had positive earnings in the past year.
ASCE had a positive operating cash flow in the past year.
In the past 5 years ASCE has always been profitable.
In the past 5 years ASCE always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.27%, ASCE is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
ASCE has a better Return On Equity (5.89%) than 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.45%, ASCE is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ASCE is below the industry average of 6.38%.
The last Return On Invested Capital (4.45%) for ASCE is above the 3 year average (4.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.27% | ||
| ROE | 5.89% | ||
| ROIC | 4.45% |
ROA(3y)6.38%
ROA(5y)5.34%
ROE(3y)11.37%
ROE(5y)9.82%
ROIC(3y)4.27%
ROIC(5y)4.11%
1.3 Margins
Looking at the Profit Margin, with a value of 47.83%, ASCE is in line with its industry, outperforming 52.50% of the companies in the same industry.
ASCE's Profit Margin has declined in the last couple of years.
The Operating Margin of ASCE (81.69%) is better than 77.50% of its industry peers.
ASCE's Operating Margin has been stable in the last couple of years.
The Gross Margin of ASCE (93.19%) is better than 85.00% of its industry peers.
ASCE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 81.69% | ||
| PM (TTM) | 47.83% | ||
| GM | 93.19% |
OM growth 3Y0.51%
OM growth 5YN/A
PM growth 3Y-21.43%
PM growth 5YN/A
GM growth 3Y7.29%
GM growth 5YN/A
2. Health
2.1 Basic Checks
ASCE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ASCE has about the same amount of shares outstanding.
Compared to 1 year ago, ASCE has an improved debt to assets ratio.
2.2 Solvency
ASCE has an Altman-Z score of 0.84. This is a bad value and indicates that ASCE is not financially healthy and even has some risk of bankruptcy.
ASCE has a worse Altman-Z score (0.84) than 62.50% of its industry peers.
The Debt to FCF ratio of ASCE is 7.27, which is on the high side as it means it would take ASCE, 7.27 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.27, ASCE belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
A Debt/Equity ratio of 0.67 indicates that ASCE is somewhat dependend on debt financing.
ASCE has a Debt to Equity ratio of 0.67. This is in the better half of the industry: ASCE outperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 7.27 | ||
| Altman-Z | 0.84 |
ROIC/WACC0.93
WACC4.8%
2.3 Liquidity
A Current Ratio of 0.19 indicates that ASCE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.19, ASCE is doing worse than 82.50% of the companies in the same industry.
ASCE has a Quick Ratio of 0.19. This is a bad value and indicates that ASCE is not financially healthy enough and could expect problems in meeting its short term obligations.
ASCE has a worse Quick ratio (0.19) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.19 |
3. Growth
3.1 Past
ASCE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.52%.
ASCE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -17.63% yearly.
Looking at the last year, ASCE shows a small growth in Revenue. The Revenue has grown by 3.94% in the last year.
The Revenue has been growing slightly by 4.85% on average over the past years.
EPS 1Y (TTM)-24.52%
EPS 3Y-17.63%
EPS 5YN/A
EPS Q2Q%225.7%
Revenue 1Y (TTM)3.94%
Revenue growth 3Y4.85%
Revenue growth 5YN/A
Sales Q2Q%2.77%
3.2 Future
ASCE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.76% yearly.
The Revenue is expected to grow by 1.91% on average over the next years.
EPS Next Y3.66%
EPS Next 2Y2.78%
EPS Next 3Y2.76%
EPS Next 5YN/A
Revenue Next Year2%
Revenue Next 2Y1.94%
Revenue Next 3Y1.91%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.75, the valuation of ASCE can be described as correct.
ASCE's Price/Earnings ratio is a bit cheaper when compared to the industry. ASCE is cheaper than 65.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of ASCE to the average of the S&P500 Index (26.34), we can say ASCE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.52, the valuation of ASCE can be described as reasonable.
ASCE's Price/Forward Earnings ratio is rather cheap when compared to the industry. ASCE is cheaper than 87.50% of the companies in the same industry.
ASCE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.75 | ||
| Fwd PE | 8.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASCE is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
ASCE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASCE is cheaper than 92.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.35 | ||
| EV/EBITDA | 13.75 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASCE does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of ASCE may justify a higher PE ratio.
PEG (NY)3.48
PEG (5Y)N/A
EPS Next 2Y2.78%
EPS Next 3Y2.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.07%, ASCE is a good candidate for dividend investing.
ASCE's Dividend Yield is a higher than the industry average which is at 3.79.
ASCE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
5.2 History
The dividend of ASCE has a limited annual growth rate of 4.11%.
Dividend Growth(5Y)4.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ASCE pays out 111.15% of its income as dividend. This is not a sustainable payout ratio.
ASCE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP111.15%
EPS Next 2Y2.78%
EPS Next 3Y2.76%
EBR:ASCE (6/19/2025, 5:28:50 PM)
49.35
-0.1 (-0.2%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners9.21%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap325.71M
Analysts46.67
Price Target52.28 (5.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
Yearly Dividend4.15
Dividend Growth(5Y)4.11%
DP111.15%
Div Incr Years1
Div Non Decr Years1
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)-2.07%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.21%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.75 | ||
| Fwd PE | 8.52 | ||
| P/S | 6.11 | ||
| P/FCF | 7.35 | ||
| P/OCF | 7.38 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 13.75 |
EPS(TTM)3.87
EY7.84%
EPS(NY)5.79
Fwd EY11.73%
FCF(TTM)6.72
FCFY13.61%
OCF(TTM)6.69
OCFY13.56%
SpS8.08
BVpS65.65
TBVpS65.59
PEG (NY)3.48
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.27% | ||
| ROE | 5.89% | ||
| ROCE | 6.29% | ||
| ROIC | 4.45% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 4.47% | ||
| OM | 81.69% | ||
| PM (TTM) | 47.83% | ||
| GM | 93.19% | ||
| FCFM | 83.09% |
ROA(3y)6.38%
ROA(5y)5.34%
ROE(3y)11.37%
ROE(5y)9.82%
ROIC(3y)4.27%
ROIC(5y)4.11%
ROICexc(3y)4.3%
ROICexc(5y)4.14%
ROICexgc(3y)4.3%
ROICexgc(5y)4.14%
ROCE(3y)6.07%
ROCE(5y)5.85%
ROICexcg growth 3Y5.67%
ROICexcg growth 5YN/A
ROICexc growth 3Y5.65%
ROICexc growth 5YN/A
OM growth 3Y0.51%
OM growth 5YN/A
PM growth 3Y-21.43%
PM growth 5YN/A
GM growth 3Y7.29%
GM growth 5YN/A
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 7.27 | ||
| Debt/EBITDA | 6.65 | ||
| Cap/Depr | 87.63% | ||
| Cap/Sales | 0.32% | ||
| Interest Coverage | 6.05 | ||
| Cash Conversion | 100.87% | ||
| Profit Quality | 173.7% | ||
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.19 | ||
| Altman-Z | 0.84 |
F-Score6
WACC4.8%
ROIC/WACC0.93
Cap/Depr(3y)8909.74%
Cap/Depr(5y)5356.53%
Cap/Sales(3y)4.38%
Cap/Sales(5y)2.65%
Profit Quality(3y)107.24%
Profit Quality(5y)153.94%
High Growth Momentum
Growth
EPS 1Y (TTM)-24.52%
EPS 3Y-17.63%
EPS 5YN/A
EPS Q2Q%225.7%
EPS Next Y3.66%
EPS Next 2Y2.78%
EPS Next 3Y2.76%
EPS Next 5YN/A
Revenue 1Y (TTM)3.94%
Revenue growth 3Y4.85%
Revenue growth 5YN/A
Sales Q2Q%2.77%
Revenue Next Year2%
Revenue Next 2Y1.94%
Revenue Next 3Y1.91%
Revenue Next 5YN/A
EBIT growth 1Y2.7%
EBIT growth 3Y5.38%
EBIT growth 5YN/A
EBIT Next Year4.68%
EBIT Next 3Y2.04%
EBIT Next 5YN/A
FCF growth 1Y16.08%
FCF growth 3Y4.31%
FCF growth 5YN/A
OCF growth 1Y0.21%
OCF growth 3Y4.63%
OCF growth 5YN/A