ASCENCIO (ASCE.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:ASCE - BE0003856730 - REIT
55.3 EUR
-0.3 (-0.54%)
Overall ASCE gets a fundamental rating of 6 out of 10. We evaluated ASCE against 41 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 may be a bit undervalued, certainly considering the very reasonable score 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.
- Each year in the past 5 years ASCE has 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 4.61%, ASCE is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
- ASCE's Return On Equity of 7.92% is fine compared to the rest of the industry. ASCE outperforms 73.17% of its industry peers.
- ASCE's Return On Invested Capital of 4.56% is amongst the best of the industry. ASCE outperforms 82.93% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ASCE is in line with the industry average of 3.37%.
- The last Return On Invested Capital (4.56%) for ASCE is above the 3 year average (4.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.61% | ||
| ROE | 7.92% | ||
| ROIC | 4.56% |
ROA(3y)4.06%
ROA(5y)6%
ROE(3y)7.09%
ROE(5y)10.87%
ROIC(3y)4.45%
ROIC(5y)4.26%
1.3 Margins
- Looking at the Profit Margin, with a value of 66.16%, ASCE is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
- ASCE's Profit Margin has improved in the last couple of years.
- The Operating Margin of ASCE (81.84%) is better than 80.49% of its industry peers.
- ASCE's Operating Margin has been stable in the last couple of years.
- ASCE has a better Gross Margin (77.94%) than 65.85% of its industry peers.
- ASCE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 81.84% | ||
| PM (TTM) | 66.16% | ||
| GM | 77.94% |
OM growth 3Y-0.59%
OM growth 5Y0.51%
PM growth 3Y-29.58%
PM growth 5Y26.1%
GM growth 3Y-5.77%
GM growth 5Y0.99%
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.
- Compared to 5 years ago, ASCE has about the same amount of shares outstanding.
- ASCE has a better debt/assets ratio than last year.
2.2 Solvency
- ASCE has an Altman-Z score of 0.98. This is a bad value and indicates that ASCE is not financially healthy and even has some risk of bankruptcy.
- ASCE's Altman-Z score of 0.98 is fine compared to the rest of the industry. ASCE outperforms 63.41% of its industry peers.
- ASCE has a debt to FCF ratio of 6.49. This is a slightly negative value and a sign of low solvency as ASCE would need 6.49 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 6.49, ASCE belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
- ASCE has a Debt/Equity ratio of 0.59. This is a neutral value indicating ASCE is somewhat dependend on debt financing.
- The Debt to Equity ratio of ASCE (0.59) is better than 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 6.49 | ||
| Altman-Z | 0.98 |
ROIC/WACC0.89
WACC5.1%
2.3 Liquidity
- A Current Ratio of 0.14 indicates that ASCE may have some problems paying its short term obligations.
- ASCE has a worse Current ratio (0.14) than 80.49% of its industry peers.
- A Quick Ratio of 0.14 indicates that ASCE may have some problems paying its short term obligations.
- With a Quick ratio value of 0.14, ASCE is not doing good in the industry: 80.49% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 39.66% over the past year.
- ASCE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.97% yearly.
- The Revenue has been growing slightly by 0.98% in the past year.
- ASCE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.87% yearly.
EPS 1Y (TTM)39.66%
EPS 3Y-26.74%
EPS 5Y30.97%
EPS Q2Q%-14.23%
Revenue 1Y (TTM)0.98%
Revenue growth 3Y4.03%
Revenue growth 5Y3.87%
Sales Q2Q%-0.77%
3.2 Future
- ASCE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.04% yearly.
- ASCE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.29% yearly.
EPS Next Y8.53%
EPS Next 2Y1.1%
EPS Next 3Y5.04%
EPS Next 5YN/A
Revenue Next Year1.88%
Revenue Next 2Y1.86%
Revenue Next 3Y2.29%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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
- A Price/Earnings ratio of 10.24 indicates a reasonable valuation of ASCE.
- Based on the Price/Earnings ratio, ASCE is valued a bit cheaper than the industry average as 78.05% of the companies are valued more expensively.
- ASCE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.25.
- A Price/Forward Earnings ratio of 9.01 indicates a reasonable valuation of ASCE.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ASCE indicates a rather cheap valuation: ASCE is cheaper than 82.93% of the companies listed in the same industry.
- ASCE is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.24 | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ASCE is valued cheaper than 80.49% of the companies in the same industry.
- 80.49% of the companies in the same industry are more expensive than ASCE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.96 | ||
| EV/EBITDA | 14.1 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The excellent profitability rating of ASCE may justify a higher PE ratio.
PEG (NY)1.2
PEG (5Y)0.33
EPS Next 2Y1.1%
EPS Next 3Y5.04%
5. Dividend
5.1 Amount
- ASCE has a Yearly Dividend Yield of 5.68%, which is a nice return.
- ASCE's Dividend Yield is comparable with the industry average which is at 5.41.
- Compared to an average S&P500 Dividend Yield of 1.82, ASCE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
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 79.59% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ASCE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP79.59%
EPS Next 2Y1.1%
EPS Next 3Y5.04%
ASCENCIO / ASCE.BR FAQ
Can you provide the ChartMill fundamental rating for ASCENCIO?
ChartMill assigns a fundamental rating of 6 / 10 to ASCE.BR.
What is the valuation status for ASCE stock?
ChartMill assigns a valuation rating of 8 / 10 to ASCENCIO (ASCE.BR). This can be considered as Undervalued.
Can you provide the profitability details for ASCENCIO?
ASCENCIO (ASCE.BR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of ASCENCIO (ASCE.BR) stock?
The Price/Earnings (PE) ratio for ASCENCIO (ASCE.BR) is 10.24 and the Price/Book (PB) ratio is 0.81.
Can you provide the dividend sustainability for ASCE stock?
The dividend rating of ASCENCIO (ASCE.BR) is 6 / 10 and the dividend payout ratio is 79.59%.