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. While ASCE has a great profitability rating, there are quite some concerns on its financial health. ASCE is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ASCE had positive earnings in the past year.
In the past year ASCE had a positive cash flow from operations.
In the past 5 years ASCE has always been profitable.
ASCE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.45%, ASCE is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
ASCE has a better Return On Equity (7.84%) than 71.43% of its industry peers.
ASCE has a Return On Invested Capital of 7.08%. This is amongst the best in the industry. ASCE outperforms 95.24% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASCE is in line with the industry average of 3.66%.
The last Return On Invested Capital (7.08%) for ASCE is above the 3 year average (4.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.45% | ||
| ROE | 7.84% | ||
| ROIC | 7.08% |
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 43.40%, ASCE is in line with its industry, outperforming 54.76% of the companies in the same industry.
ASCE's Profit Margin has declined in the last couple of years.
ASCE has a better Operating Margin (82.75%) than 80.95% of its industry peers.
ASCE's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 83.58%, ASCE is doing good in the industry, outperforming 66.67% of the companies in the same industry.
ASCE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 82.75% | ||
| PM (TTM) | 43.4% | ||
| GM | 83.58% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ASCE is creating some value.
The number of shares outstanding for ASCE remains at a similar level compared to 1 year ago.
The debt/assets ratio for ASCE has been reduced compared to a year ago.
2.2 Solvency
ASCE has an Altman-Z score of 0.89. This is a bad value and indicates that ASCE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ASCE (0.89) is comparable to the rest of the industry.
The Debt to FCF ratio of ASCE is 7.23, which is on the high side as it means it would take ASCE, 7.23 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ASCE (7.23) is better than 95.24% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that ASCE is somewhat dependend on debt financing.
ASCE's Debt to Equity ratio of 0.56 is fine compared to the rest of the industry. ASCE outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 7.23 | ||
| Altman-Z | 0.89 |
ROIC/WACC1.5
WACC4.72%
2.3 Liquidity
A Current Ratio of 0.11 indicates that ASCE may have some problems paying its short term obligations.
ASCE has a Current ratio of 0.11. This is amonst the worse of the industry: ASCE underperforms 83.33% of its industry peers.
A Quick Ratio of 0.11 indicates that ASCE may have some problems paying its short term obligations.
ASCE has a Quick ratio of 0.11. This is amonst the worse of the industry: ASCE underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 |
3. Growth
3.1 Past
The earnings per share for ASCE have decreased strongly by -40.82% in the last year.
Measured over the past years, ASCE shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -17.63% on average per year.
The Revenue has been growing slightly by 4.09% in the past year.
Measured over the past years, ASCE shows a small growth in Revenue. The Revenue has been growing by 4.85% on average per year.
EPS 1Y (TTM)-40.82%
EPS 3Y-17.63%
EPS 5YN/A
EPS Q2Q%71.04%
Revenue 1Y (TTM)4.09%
Revenue growth 3Y4.85%
Revenue growth 5YN/A
Sales Q2Q%2.82%
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.
Based on estimates for the next years, ASCE will show a small growth in Revenue. The Revenue will grow by 1.91% on average per year.
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.
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
ASCE is valuated reasonably with a Price/Earnings ratio of 8.92.
ASCE's Price/Earnings ratio is a bit cheaper when compared to the industry. ASCE is cheaper than 78.57% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.82, ASCE is valued rather cheaply.
ASCE is valuated reasonably with a Price/Forward Earnings ratio of 8.27.
ASCE's Price/Forward Earnings ratio is rather cheap when compared to the industry. ASCE is cheaper than 90.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, ASCE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.92 | ||
| Fwd PE | 8.27 |
4.2 Price Multiples
95.24% of the companies in the same industry are more expensive than ASCE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASCE indicates a rather cheap valuation: ASCE is cheaper than 92.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.19 | ||
| EV/EBITDA | 8.55 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ASCE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.44
PEG (5Y)N/A
EPS Next 2Y2.78%
EPS Next 3Y2.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.24%, ASCE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.82, ASCE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, ASCE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.24% |
5.2 History
The dividend of ASCE has a limited annual growth rate of 4.11%.
Dividend Growth(5Y)4.11%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
78.80% of the earnings are spent on dividend by ASCE. This is not a sustainable payout ratio.
The dividend of ASCE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP78.8%
EPS Next 2Y2.78%
EPS Next 3Y2.76%
EBR:ASCE (5/23/2025, 7:00:00 PM)
47
-0.15 (-0.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners8.91%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap310.20M
Analysts46.67
Price Target52.28 (11.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.24% |
Yearly Dividend4.15
Dividend Growth(5Y)4.11%
DP78.8%
Div Incr Years0
Div Non Decr Years0
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)-2.07%
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)-0.29%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.92 | ||
| Fwd PE | 8.27 | ||
| P/S | 3.88 | ||
| P/FCF | 7.19 | ||
| P/OCF | 7.13 | ||
| P/B | 0.7 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 8.55 |
EPS(TTM)5.27
EY11.21%
EPS(NY)5.68
Fwd EY12.09%
FCF(TTM)6.53
FCFY13.9%
OCF(TTM)6.6
OCFY14.03%
SpS12.13
BVpS67.11
TBVpS67.05
PEG (NY)2.44
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.45% | ||
| ROE | 7.84% | ||
| ROCE | 10.18% | ||
| ROIC | 7.08% | ||
| ROICexc | 7.12% | ||
| ROICexgc | 7.13% | ||
| OM | 82.75% | ||
| PM (TTM) | 43.4% | ||
| GM | 83.58% | ||
| FCFM | 53.87% |
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-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 7.23 | ||
| Debt/EBITDA | 3.72 | ||
| Cap/Depr | 350.42% | ||
| Cap/Sales | 0.52% | ||
| Interest Coverage | 9.09 | ||
| Cash Conversion | 65.61% | ||
| Profit Quality | 124.12% | ||
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 | ||
| Altman-Z | 0.89 |
F-Score5
WACC4.72%
ROIC/WACC1.5
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)-40.82%
EPS 3Y-17.63%
EPS 5YN/A
EPS Q2Q%71.04%
EPS Next Y3.66%
EPS Next 2Y2.78%
EPS Next 3Y2.76%
EPS Next 5YN/A
Revenue 1Y (TTM)4.09%
Revenue growth 3Y4.85%
Revenue growth 5YN/A
Sales Q2Q%2.82%
Revenue Next Year2%
Revenue Next 2Y1.94%
Revenue Next 3Y1.91%
Revenue Next 5YN/A
EBIT growth 1Y3.52%
EBIT growth 3Y5.38%
EBIT growth 5YN/A
EBIT Next Year6.47%
EBIT Next 3Y2.41%
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