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DECEUNINCK NV (DECB.BR) Stock Fundamental Analysis

EBR:DECB - Euronext Brussels - BE0003789063 - Common Stock - Currency: EUR

2.125  +0.02 (+0.71%)

Fundamental Rating

5

Overall DECB gets a fundamental rating of 5 out of 10. We evaluated DECB against 20 industry peers in the Building Products industry. DECB has an average financial health and profitability rating. DECB has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

DECB had positive earnings in the past year.
In the past year DECB had a positive cash flow from operations.
DECB had positive earnings in each of the past 5 years.
DECB had a positive operating cash flow in each of the past 5 years.
DECB.BR Yearly Net Income VS EBIT VS OCF VS FCFDECB.BR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

1.2 Ratios

DECB has a Return On Assets (1.92%) which is comparable to the rest of the industry.
DECB's Return On Equity of 4.11% is in line compared to the rest of the industry. DECB outperforms 50.00% of its industry peers.
The Return On Invested Capital of DECB (8.33%) is better than 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DECB is in line with the industry average of 9.15%.
The 3 year average ROIC (7.86%) for DECB is below the current ROIC(8.33%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.92%
ROE 4.11%
ROIC 8.33%
ROA(3y)1.39%
ROA(5y)2.65%
ROE(3y)3.07%
ROE(5y)6.56%
ROIC(3y)7.86%
ROIC(5y)8.72%
DECB.BR Yearly ROA, ROE, ROICDECB.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

Looking at the Profit Margin, with a value of 1.68%, DECB is in line with its industry, outperforming 50.00% of the companies in the same industry.
DECB's Profit Margin has declined in the last couple of years.
DECB has a Operating Margin of 7.61%. This is comparable to the rest of the industry: DECB outperforms 60.00% of its industry peers.
DECB's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 32.08%, DECB is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Gross Margin of DECB has grown nicely.
Industry RankSector Rank
OM 7.61%
PM (TTM) 1.68%
GM 32.08%
OM growth 3Y4.41%
OM growth 5Y26.88%
PM growth 3Y-25.44%
PM growth 5YN/A
GM growth 3Y5.4%
GM growth 5Y2.25%
DECB.BR Yearly Profit, Operating, Gross MarginsDECB.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

5

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DECB is still creating some value.
The number of shares outstanding for DECB has been reduced compared to 1 year ago.
Compared to 5 years ago, DECB has more shares outstanding
Compared to 1 year ago, DECB has an improved debt to assets ratio.
DECB.BR Yearly Shares OutstandingDECB.BR Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
DECB.BR Yearly Total Debt VS Total AssetsDECB.BR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

DECB has an Altman-Z score of 2.58. This is not the best score and indicates that DECB is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.58, DECB perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
The Debt to FCF ratio of DECB is 3.54, which is a good value as it means it would take DECB, 3.54 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.54, DECB is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
DECB has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.30, DECB is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 3.54
Altman-Z 2.58
ROIC/WACC1.11
WACC7.48%
DECB.BR Yearly LT Debt VS Equity VS FCFDECB.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

DECB has a Current Ratio of 1.47. This is a normal value and indicates that DECB is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of DECB (1.47) is comparable to the rest of the industry.
DECB has a Quick Ratio of 1.47. This is a bad value and indicates that DECB is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.97, DECB is in line with its industry, outperforming 60.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 0.97
DECB.BR Yearly Current Assets VS Current LiabilitesDECB.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

4

3. Growth

3.1 Past

DECB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.19%, which is quite impressive.
Measured over the past years, DECB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -27.17% on average per year.
The Revenue has decreased by -4.52% in the past year.
Measured over the past years, DECB shows a small growth in Revenue. The Revenue has been growing by 5.47% on average per year.
EPS 1Y (TTM)45.19%
EPS 3Y-27.17%
EPS 5YN/A
EPS Q2Q%189.41%
Revenue 1Y (TTM)-4.52%
Revenue growth 3Y-0.44%
Revenue growth 5Y5.47%
Sales Q2Q%-7.62%

3.2 Future

The Earnings Per Share is expected to grow by 9.76% on average over the next years. This is quite good.
Based on estimates for the next years, DECB will show a small growth in Revenue. The Revenue will grow by 2.58% on average per year.
EPS Next Y4.61%
EPS Next 2Y10.17%
EPS Next 3Y9.76%
EPS Next 5YN/A
Revenue Next Year-0.68%
Revenue Next 2Y2.01%
Revenue Next 3Y2.58%
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.
DECB.BR Yearly Revenue VS EstimatesDECB.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
DECB.BR Yearly EPS VS EstimatesDECB.BR Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2020 2021 2022 2023 2024 2025 2026 2027 0.1 0.2 0.3

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 21.25, which indicates a rather expensive current valuation of DECB.
DECB's Price/Earnings ratio is a bit cheaper when compared to the industry. DECB is cheaper than 65.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.45, DECB is valued a bit cheaper.
With a Price/Forward Earnings ratio of 7.86, the valuation of DECB can be described as very cheap.
DECB's Price/Forward Earnings ratio is rather cheap when compared to the industry. DECB is cheaper than 90.00% of the companies in the same industry.
DECB is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.25
Fwd PE 7.86
DECB.BR Price Earnings VS Forward Price EarningsDECB.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, DECB is valued cheaper than 100.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DECB indicates a somewhat cheap valuation: DECB is cheaper than 75.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 8.74
EV/EBITDA 3.43
DECB.BR Per share dataDECB.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

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 DECB may justify a higher PE ratio.
PEG (NY)4.61
PEG (5Y)N/A
EPS Next 2Y10.17%
EPS Next 3Y9.76%

4

5. Dividend

5.1 Amount

DECB has a Yearly Dividend Yield of 2.69%. Purely for dividend investing, there may be better candidates out there.
DECB's Dividend Yield is a higher than the industry average which is at 4.16.
DECB's Dividend Yield is comparable with the S&P500 average which is at 2.42.
Industry RankSector Rank
Dividend Yield 2.69%

5.2 History

On average, the dividend of DECB grows each year by 20.83%, which is quite nice.
Dividend Growth(5Y)20.83%
Div Incr Years3
Div Non Decr Years4
DECB.BR Yearly Dividends per shareDECB.BR Yearly Dividends per shareYearly Dividends per share 2019 2021 2022 2023 2024 2025 0.02 0.04 0.06

5.3 Sustainability

79.68% of the earnings are spent on dividend by DECB. This is not a sustainable payout ratio.
The dividend of DECB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP79.68%
EPS Next 2Y10.17%
EPS Next 3Y9.76%
DECB.BR Yearly Income VS Free CF VS DividendDECB.BR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M
DECB.BR Dividend Payout.DECB.BR Dividend Payout, showing the Payout Ratio.DECB.BR Dividend Payout.PayoutRetained Earnings

DECEUNINCK NV

EBR:DECB (7/3/2025, 7:00:00 PM)

2.125

+0.02 (+0.71%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)02-26 2025-02-26/amc
Earnings (Next)N/A N/A
Inst Owners6.53%
Inst Owner ChangeN/A
Ins Owners42.61%
Ins Owner ChangeN/A
Market Cap294.42M
Analysts84
Price Target3.52 (65.65%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.69%
Yearly Dividend0.08
Dividend Growth(5Y)20.83%
DP79.68%
Div Incr Years3
Div Non Decr Years4
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)0%
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)-0.63%
Valuation
Industry RankSector Rank
PE 21.25
Fwd PE 7.86
P/S 0.36
P/FCF 8.74
P/OCF 4.08
P/B 0.87
P/tB 0.91
EV/EBITDA 3.43
EPS(TTM)0.1
EY4.71%
EPS(NY)0.27
Fwd EY12.72%
FCF(TTM)0.24
FCFY11.44%
OCF(TTM)0.52
OCFY24.5%
SpS5.97
BVpS2.44
TBVpS2.33
PEG (NY)4.61
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.92%
ROE 4.11%
ROCE 12.88%
ROIC 8.33%
ROICexc 8.96%
ROICexgc 9.28%
OM 7.61%
PM (TTM) 1.68%
GM 32.08%
FCFM 4.07%
ROA(3y)1.39%
ROA(5y)2.65%
ROE(3y)3.07%
ROE(5y)6.56%
ROIC(3y)7.86%
ROIC(5y)8.72%
ROICexc(3y)8.72%
ROICexc(5y)10.57%
ROICexgc(3y)9.04%
ROICexgc(5y)11.04%
ROCE(3y)12.15%
ROCE(5y)13.47%
ROICexcg growth 3Y-18.58%
ROICexcg growth 5Y26.74%
ROICexc growth 3Y-17.98%
ROICexc growth 5Y26.91%
OM growth 3Y4.41%
OM growth 5Y26.88%
PM growth 3Y-25.44%
PM growth 5YN/A
GM growth 3Y5.4%
GM growth 5Y2.25%
F-Score6
Asset Turnover1.15
Health
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 3.54
Debt/EBITDA 0.92
Cap/Depr 81.53%
Cap/Sales 4.65%
Interest Coverage 5.14
Cash Conversion 65.51%
Profit Quality 242.21%
Current Ratio 1.47
Quick Ratio 0.97
Altman-Z 2.58
F-Score6
WACC7.48%
ROIC/WACC1.11
Cap/Depr(3y)101.13%
Cap/Depr(5y)95.16%
Cap/Sales(3y)5.37%
Cap/Sales(5y)4.99%
Profit Quality(3y)530.57%
Profit Quality(5y)380.7%
High Growth Momentum
Growth
EPS 1Y (TTM)45.19%
EPS 3Y-27.17%
EPS 5YN/A
EPS Q2Q%189.41%
EPS Next Y4.61%
EPS Next 2Y10.17%
EPS Next 3Y9.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.52%
Revenue growth 3Y-0.44%
Revenue growth 5Y5.47%
Sales Q2Q%-7.62%
Revenue Next Year-0.68%
Revenue Next 2Y2.01%
Revenue Next 3Y2.58%
Revenue Next 5YN/A
EBIT growth 1Y21.21%
EBIT growth 3Y3.95%
EBIT growth 5Y33.81%
EBIT Next Year60.06%
EBIT Next 3Y21.12%
EBIT Next 5YN/A
FCF growth 1Y-56.66%
FCF growth 3Y73.26%
FCF growth 5Y8.28%
OCF growth 1Y-46.09%
OCF growth 3Y12.97%
OCF growth 5Y4.4%