VOESTALPINE AG (VAS.DE) Stock Fundamental Analysis
Europe - FRA:VAS - AT0000937503 - Common Stock
34.38 EUR
-0.38 (-1.09%)
Taking everything into account, VAS scores 4 out of 10 in our fundamental rating. VAS was compared to 39 industry peers in the Metals & Mining industry. VAS may be in some trouble as it scores bad on both profitability and health. VAS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
VAS had positive earnings in the past year.
In the past year VAS had a positive cash flow from operations.
VAS had positive earnings in each of the past 5 years.
VAS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VAS has a worse Return On Assets (0.77%) than 61.54% of its industry peers.
Looking at the Return On Equity, with a value of 1.63%, VAS is doing worse than 64.10% of the companies in the same industry.
VAS has a Return On Invested Capital of 2.21%. This is in the lower half of the industry: VAS underperforms 69.23% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VAS is below the industry average of 7.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 1.63% | ||
| ROIC | 2.21% |
ROA(3y)2.62%
ROA(5y)3.15%
ROE(3y)5.95%
ROE(5y)7.48%
ROIC(3y)5.56%
ROIC(5y)5.26%
1.3 Margins
Looking at the Profit Margin, with a value of 0.77%, VAS is doing worse than 61.54% of the companies in the same industry.
In the last couple of years the Profit Margin of VAS has declined.
VAS has a worse Operating Margin (2.52%) than 66.67% of its industry peers.
In the last couple of years the Operating Margin of VAS has declined.
Looking at the Gross Margin, with a value of 17.80%, VAS is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of VAS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.52% | ||
| PM (TTM) | 0.77% | ||
| GM | 17.8% |
OM growth 3Y-28.69%
OM growth 5YN/A
PM growth 3Y-51.8%
PM growth 5YN/A
GM growth 3Y-7.16%
GM growth 5Y1.22%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VAS is destroying value.
VAS has about the same amout of shares outstanding than it did 1 year ago.
VAS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VAS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.30 indicates that VAS is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.30, VAS is in line with its industry, outperforming 48.72% of the companies in the same industry.
The Debt to FCF ratio of VAS is 6.98, which is on the high side as it means it would take VAS, 6.98 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.98, VAS perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
VAS has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of VAS (0.31) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.29
WACC7.58%
2.3 Liquidity
VAS has a Current Ratio of 1.35. This is a normal value and indicates that VAS is financially healthy and should not expect problems in meeting its short term obligations.
VAS has a worse Current ratio (1.35) than 84.62% of its industry peers.
VAS has a Quick Ratio of 1.35. This is a bad value and indicates that VAS is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.53, VAS is doing worse than 87.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1031.94% over the past year.
Measured over the past years, VAS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -50.53% on average per year.
Looking at the last year, VAS shows a decrease in Revenue. The Revenue has decreased by -5.64% in the last year.
VAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.36% yearly.
EPS 1Y (TTM)1031.94%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%-25.09%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-4.34%
3.2 Future
VAS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.63% yearly.
VAS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.01% yearly.
EPS Next Y149.56%
EPS Next 2Y88.28%
EPS Next 3Y60.2%
EPS Next 5Y38.63%
Revenue Next Year-3.31%
Revenue Next 2Y-0.25%
Revenue Next 3Y0.86%
Revenue Next 5Y-0.01%
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 52.89, the valuation of VAS can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of VAS is on the same level as its industry peers.
VAS is valuated expensively when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.02, the valuation of VAS can be described as very reasonable.
VAS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VAS is cheaper than 76.92% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, VAS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.89 | ||
| Fwd PE | 11.02 |
4.2 Price Multiples
VAS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VAS is cheaper than 79.49% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VAS is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.94 | ||
| EV/EBITDA | 5.54 |
4.3 Compensation for Growth
VAS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VAS's earnings are expected to grow with 60.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y88.28%
EPS Next 3Y60.2%
5. Dividend
5.1 Amount
VAS has a Yearly Dividend Yield of 5.75%, which is a nice return.
Compared to an average industry Dividend Yield of 2.56, VAS pays a better dividend. On top of this VAS pays more dividend than 94.87% of the companies listed in the same industry.
VAS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
5.2 History
The dividend of VAS decreases each year by -10.86%.
Dividend Growth(5Y)-10.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
100.84% of the earnings are spent on dividend by VAS. This is not a sustainable payout ratio.
DP100.84%
EPS Next 2Y88.28%
EPS Next 3Y60.2%
FRA:VAS (11/14/2025, 7:00:00 PM)
34.38
-0.38 (-1.09%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners23.46%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.14B
Revenue(TTM)15.74B
Net Income(TTM)119.00M
Analysts75.29
Price Target32 (-6.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
Yearly Dividend0.7
Dividend Growth(5Y)-10.86%
DP100.84%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-91.19%
Min EPS beat(2)-172.05%
Max EPS beat(2)-10.32%
EPS beat(4)1
Avg EPS beat(4)-62.04%
Min EPS beat(4)-172.05%
Max EPS beat(4)0.17%
EPS beat(8)1
Avg EPS beat(8)-47.03%
EPS beat(12)2
Avg EPS beat(12)-37.76%
EPS beat(16)6
Avg EPS beat(16)-21.46%
Revenue beat(2)0
Avg Revenue beat(2)-3.63%
Min Revenue beat(2)-4.77%
Max Revenue beat(2)-2.48%
Revenue beat(4)1
Avg Revenue beat(4)-1.85%
Min Revenue beat(4)-4.77%
Max Revenue beat(4)0.77%
Revenue beat(8)2
Avg Revenue beat(8)-1.94%
Revenue beat(12)5
Avg Revenue beat(12)0.92%
Revenue beat(16)7
Avg Revenue beat(16)0.17%
PT rev (1m)6.36%
PT rev (3m)13.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.73%
EPS NY rev (1m)-0.86%
EPS NY rev (3m)-6.63%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-1.26%
Revenue NY rev (1m)-0.79%
Revenue NY rev (3m)-1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.89 | ||
| Fwd PE | 11.02 | ||
| P/S | 0.4 | ||
| P/FCF | 11.94 | ||
| P/OCF | 3.72 | ||
| P/B | 0.84 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 5.54 |
EPS(TTM)0.65
EY1.89%
EPS(NY)3.12
Fwd EY9.07%
FCF(TTM)2.88
FCFY8.37%
OCF(TTM)9.24
OCFY26.88%
SpS86.81
BVpS40.8
TBVpS33.49
PEG (NY)0.35
PEG (5Y)N/A
Graham Number24.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 1.63% | ||
| ROCE | 3.92% | ||
| ROIC | 2.21% | ||
| ROICexc | 2.51% | ||
| ROICexgc | 2.9% | ||
| OM | 2.52% | ||
| PM (TTM) | 0.77% | ||
| GM | 17.8% | ||
| FCFM | 3.32% |
ROA(3y)2.62%
ROA(5y)3.15%
ROE(3y)5.95%
ROE(5y)7.48%
ROIC(3y)5.56%
ROIC(5y)5.26%
ROICexc(3y)6.31%
ROICexc(5y)5.9%
ROICexgc(3y)7.4%
ROICexgc(5y)6.97%
ROCE(3y)9.88%
ROCE(5y)9.39%
ROICexgc growth 3Y-25.66%
ROICexgc growth 5YN/A
ROICexc growth 3Y-24.91%
ROICexc growth 5YN/A
OM growth 3Y-28.69%
OM growth 5YN/A
PM growth 3Y-51.8%
PM growth 5YN/A
GM growth 3Y-7.16%
GM growth 5Y1.22%
F-Score5
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.98 | ||
| Debt/EBITDA | 1.75 | ||
| Cap/Depr | 127.94% | ||
| Cap/Sales | 7.33% | ||
| Interest Coverage | 2.39 | ||
| Cash Conversion | 129% | ||
| Profit Quality | 431.93% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 2.3 |
F-Score5
WACC7.58%
ROIC/WACC0.29
Cap/Depr(3y)101.98%
Cap/Depr(5y)94.91%
Cap/Sales(3y)5.88%
Cap/Sales(5y)5.51%
Profit Quality(3y)195.15%
Profit Quality(5y)617.46%
High Growth Momentum
Growth
EPS 1Y (TTM)1031.94%
EPS 3Y-50.53%
EPS 5YN/A
EPS Q2Q%-25.09%
EPS Next Y149.56%
EPS Next 2Y88.28%
EPS Next 3Y60.2%
EPS Next 5Y38.63%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y1.8%
Revenue growth 5Y4.36%
Sales Q2Q%-4.34%
Revenue Next Year-3.31%
Revenue Next 2Y-0.25%
Revenue Next 3Y0.86%
Revenue Next 5Y-0.01%
EBIT growth 1Y-17.8%
EBIT growth 3Y-27.41%
EBIT growth 5YN/A
EBIT Next Year160.47%
EBIT Next 3Y47.43%
EBIT Next 5Y33.24%
FCF growth 1Y-24.03%
FCF growth 3Y-19.09%
FCF growth 5Y-10.92%
OCF growth 1Y8.77%
OCF growth 3Y4.55%
OCF growth 5Y1.73%
VOESTALPINE AG / VAS.DE FAQ
What is the ChartMill fundamental rating of VOESTALPINE AG (VAS.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to VAS.DE.
What is the valuation status for VAS stock?
ChartMill assigns a valuation rating of 6 / 10 to VOESTALPINE AG (VAS.DE). This can be considered as Fairly Valued.
What is the profitability of VAS stock?
VOESTALPINE AG (VAS.DE) has a profitability rating of 3 / 10.
What is the earnings growth outlook for VOESTALPINE AG?
The Earnings per Share (EPS) of VOESTALPINE AG (VAS.DE) is expected to grow by 149.56% in the next year.
How sustainable is the dividend of VOESTALPINE AG (VAS.DE) stock?
The dividend rating of VOESTALPINE AG (VAS.DE) is 5 / 10 and the dividend payout ratio is 100.84%.