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 42 industry peers in the Diversified REITs industry. ASCE has an excellent profitability rating, but there are concerns on its financial health. ASCE is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year ASCE was profitable.
In the past year ASCE had a positive cash flow from operations.
In the past 5 years ASCE has always been profitable.
Each year in the past 5 years ASCE had a positive operating cash flow.
1.2 Ratios
ASCE has a Return On Assets of 3.27%. This is in the better half of the industry: ASCE outperforms 73.81% of its industry peers.
Looking at the Return On Equity, with a value of 5.89%, ASCE is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
ASCE's Return On Invested Capital of 4.45% is amongst the best of the industry. ASCE outperforms 80.95% of its industry peers.
ASCE had an Average Return On Invested Capital over the past 3 years of 4.27%. This is in line with the industry average of 3.57%.
The 3 year average ROIC (4.27%) for ASCE is below the current ROIC(4.45%), indicating increased profibility in the last year.
| 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
ASCE has a Profit Margin (47.83%) which is in line with its industry peers.
ASCE's Profit Margin has declined in the last couple of years.
The Operating Margin of ASCE (81.69%) is better than 78.57% of its industry peers.
ASCE's Operating Margin has been stable in the last couple of years.
ASCE has a better Gross Margin (93.19%) than 85.71% of its industry peers.
In the last couple of years the Gross Margin of ASCE has grown nicely.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASCE is destroying value.
ASCE has about the same amout of shares outstanding than it did 1 year ago.
ASCE has a better debt/assets ratio than last year.
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 Altman-Z score (0.84) which is in line with its industry peers.
ASCE has a debt to FCF ratio of 7.27. This is a slightly negative value and a sign of low solvency as ASCE would need 7.27 years to pay back of all of its debts.
The Debt to FCF ratio of ASCE (7.27) is better than 95.24% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that ASCE is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.67, ASCE is doing good in the industry, outperforming 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 7.27 | ||
| Altman-Z | 0.84 |
ROIC/WACC0.92
WACC4.81%
2.3 Liquidity
ASCE has a Current 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.
The Current ratio of ASCE (0.19) is worse than 78.57% of its industry peers.
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's Quick ratio of 0.19 is on the low side compared to the rest of the industry. ASCE is outperformed by 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.19 |
3. Growth
3.1 Past
The earnings per share for ASCE have decreased strongly by -24.52% in the last year.
ASCE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -17.63% yearly.
The Revenue has been growing slightly by 3.94% in the past year.
ASCE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.85% yearly.
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.86, which indicates a correct valuation of ASCE.
Based on the Price/Earnings ratio, ASCE is valued a bit cheaper than 69.05% of the companies in the same industry.
When comparing the Price/Earnings ratio of ASCE to the average of the S&P500 Index (27.48), we can say ASCE is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.59, the valuation of ASCE can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASCE indicates a rather cheap valuation: ASCE is cheaper than 88.10% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ASCE to the average of the S&P500 Index (36.52), we can say ASCE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.86 | ||
| Fwd PE | 8.59 |
4.2 Price Multiples
80.95% of the companies in the same industry are more expensive than ASCE, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ASCE is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.41 | ||
| EV/EBITDA | 13.77 |
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 ASCE may justify a higher PE ratio.
PEG (NY)3.51
PEG (5Y)N/A
EPS Next 2Y2.78%
EPS Next 3Y2.76%
5. Dividend
5.1 Amount
ASCE has a Yearly Dividend Yield of 6.07%, which is a nice return.
ASCE's Dividend Yield is a higher than the industry average which is at 5.56.
Compared to an average S&P500 Dividend Yield of 2.34, ASCE pays a better dividend.
| 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
111.15% of the earnings are spent on dividend by ASCE. 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 (7/17/2025, 3:43:37 PM)
49.75
+0.2 (+0.4%)
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 Cap328.35M
Analysts46.67
Price Target52.28 (5.09%)
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)0%
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 | 12.86 | ||
| Fwd PE | 8.59 | ||
| P/S | 6.16 | ||
| P/FCF | 7.41 | ||
| P/OCF | 7.44 | ||
| P/B | 0.76 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 13.77 |
EPS(TTM)3.87
EY7.78%
EPS(NY)5.79
Fwd EY11.64%
FCF(TTM)6.72
FCFY13.5%
OCF(TTM)6.69
OCFY13.45%
SpS8.08
BVpS65.65
TBVpS65.59
PEG (NY)3.51
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
WACC4.81%
ROIC/WACC0.92
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