Vastned Retail NV (VASTN.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:VASTN - NL0000288918 - REIT
21.4 EUR
-0.35 (-1.61%)
VASTN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 42 industry peers in the Diversified REITs industry. While VASTN is still in line with the averages on profitability rating, there are concerns on its financial health. VASTN has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
VASTN had negative earnings in the past year.
VASTN had a positive operating cash flow in the past year.
In multiple years VASTN reported negative net income over the last 5 years.
VASTN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -1.69%, VASTN is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
VASTN has a Return On Equity of -3.40%. This is in the lower half of the industry: VASTN underperforms 68.29% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.12%, VASTN is in the better half of the industry, outperforming 73.17% of the companies in the same industry.
VASTN had an Average Return On Invested Capital over the past 3 years of 3.06%. This is in line with the industry average of 3.45%.
The 3 year average ROIC (3.06%) for VASTN is below the current ROIC(4.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.69% | ||
| ROE | -3.4% | ||
| ROIC | 4.12% |
ROA(3y)0.59%
ROA(5y)0.09%
ROE(3y)1.17%
ROE(5y)0.14%
ROIC(3y)3.06%
ROIC(5y)2.88%
1.3 Margins
Looking at the Operating Margin, with a value of 80.34%, VASTN is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
In the last couple of years the Operating Margin of VASTN has remained more or less at the same level.
VASTN has a Gross Margin of 88.95%. This is in the better half of the industry: VASTN outperforms 75.61% of its industry peers.
VASTN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 80.34% | ||
| PM (TTM) | N/A | ||
| GM | 88.95% |
OM growth 3Y1.4%
OM growth 5Y0.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.68%
GM growth 5Y-0.56%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VASTN is creating some value.
The number of shares outstanding for VASTN remains at a similar level compared to 1 year ago.
The debt/assets ratio for VASTN is higher compared to a year ago.
2.2 Solvency
VASTN has an Altman-Z score of 0.53. This is a bad value and indicates that VASTN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.53, VASTN is doing worse than 87.80% of the companies in the same industry.
The Debt to FCF ratio of VASTN is 17.09, which is on the high side as it means it would take VASTN, 17.09 years of fcf income to pay off all of its debts.
VASTN has a Debt to FCF ratio of 17.09. This is comparable to the rest of the industry: VASTN outperforms 43.90% of its industry peers.
A Debt/Equity ratio of 0.50 indicates that VASTN is not too dependend on debt financing.
VASTN's Debt to Equity ratio of 0.50 is amongst the best of the industry. VASTN outperforms 87.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 17.09 | ||
| Altman-Z | 0.53 |
ROIC/WACC1.04
WACC3.97%
2.3 Liquidity
VASTN has a Current Ratio of 0.37. This is a bad value and indicates that VASTN is not financially healthy enough and could expect problems in meeting its short term obligations.
VASTN has a Current ratio of 0.37. This is in the lower half of the industry: VASTN underperforms 65.85% of its industry peers.
VASTN has a Quick Ratio of 0.37. This is a bad value and indicates that VASTN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.37, VASTN is doing worse than 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
VASTN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.00%.
Looking at the last year, VASTN shows a small growth in Revenue. The Revenue has grown by 4.75% in the last year.
The Revenue has been decreasing by -1.31% on average over the past years.
EPS 1Y (TTM)-11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.1%
Revenue 1Y (TTM)4.75%
Revenue growth 3Y3.58%
Revenue growth 5Y-1.31%
Sales Q2Q%-0.12%
3.2 Future
The Earnings Per Share is expected to decrease by -3.52% on average over the next years.
The Revenue is expected to grow by 0.47% on average over the next years.
EPS Next Y-9.2%
EPS Next 2Y-6.82%
EPS Next 3Y-3.52%
EPS Next 5YN/A
Revenue Next Year4.27%
Revenue Next 2Y-0.35%
Revenue Next 3Y0.47%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for VASTN. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 11.91 indicates a reasonable valuation of VASTN.
VASTN's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, VASTN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.91 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VASTN indicates a slightly more expensive valuation: VASTN is more expensive than 63.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.83 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as VASTN's earnings are expected to decrease with -3.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.82%
EPS Next 3Y-3.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.93%, VASTN is a good candidate for dividend investing.
VASTN's Dividend Yield is rather good when compared to the industry average which is at 4.99. VASTN pays more dividend than 92.68% of the companies in the same industry.
VASTN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.93% |
5.2 History
The dividend of VASTN decreases each year by -3.06%.
Dividend Growth(5Y)-3.06%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
VASTN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
VASTN's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-148.06%
EPS Next 2Y-6.82%
EPS Next 3Y-3.52%
AMS:VASTN (12/31/2024, 7:00:00 PM)
21.4
-0.35 (-1.61%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners27.54%
Inst Owner ChangeN/A
Ins Owners41.27%
Ins Owner ChangeN/A
Market Cap407.46M
Revenue(TTM)72.09M
Net Income(TTM)-21.43M
Analysts42.22
Price Target25.5 (19.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.93% |
Yearly Dividend1.83
Dividend Growth(5Y)-3.06%
DP-148.06%
Div Incr Years2
Div Non Decr Years2
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%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.91 | ||
| P/S | 5.65 | ||
| P/FCF | 13.83 | ||
| P/OCF | 12.69 | ||
| P/B | 0.65 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | N/A |
EPS(TTM)-1.24
EYN/A
EPS(NY)1.8
Fwd EY8.4%
FCF(TTM)1.55
FCFY7.23%
OCF(TTM)1.69
OCFY7.88%
SpS3.79
BVpS33.08
TBVpS33.06
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.69% | ||
| ROE | -3.4% | ||
| ROCE | 5.57% | ||
| ROIC | 4.12% | ||
| ROICexc | 4.13% | ||
| ROICexgc | 4.13% | ||
| OM | 80.34% | ||
| PM (TTM) | N/A | ||
| GM | 88.95% | ||
| FCFM | 40.86% |
ROA(3y)0.59%
ROA(5y)0.09%
ROE(3y)1.17%
ROE(5y)0.14%
ROIC(3y)3.06%
ROIC(5y)2.88%
ROICexc(3y)3.06%
ROICexc(5y)2.89%
ROICexgc(3y)3.06%
ROICexgc(5y)2.89%
ROCE(3y)4.09%
ROCE(5y)3.87%
ROICexgc growth 3Y14.58%
ROICexgc growth 5Y3.65%
ROICexc growth 3Y14.59%
ROICexc growth 5Y3.64%
OM growth 3Y1.4%
OM growth 5Y0.32%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.68%
GM growth 5Y-0.56%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 17.09 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 3.69% | ||
| Interest Coverage | 3.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | 0.53 |
F-Score5
WACC3.97%
ROIC/WACC1.04
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)4.45%
Cap/Sales(5y)4.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.1%
EPS Next Y-9.2%
EPS Next 2Y-6.82%
EPS Next 3Y-3.52%
EPS Next 5YN/A
Revenue 1Y (TTM)4.75%
Revenue growth 3Y3.58%
Revenue growth 5Y-1.31%
Sales Q2Q%-0.12%
Revenue Next Year4.27%
Revenue Next 2Y-0.35%
Revenue Next 3Y0.47%
Revenue Next 5YN/A
EBIT growth 1Y6.84%
EBIT growth 3Y5.03%
EBIT growth 5Y-1%
EBIT Next Year91.48%
EBIT Next 3Y25.12%
EBIT Next 5YN/A
FCF growth 1Y-24.56%
FCF growth 3Y14.97%
FCF growth 5Y0.56%
OCF growth 1Y-22.08%
OCF growth 3Y13.84%
OCF growth 5Y0.44%
Vastned Retail NV / VASTN.AS FAQ
Can you provide the ChartMill fundamental rating for Vastned Retail NV?
ChartMill assigns a fundamental rating of 3 / 10 to VASTN.AS.
Can you provide the valuation status for Vastned Retail NV?
ChartMill assigns a valuation rating of 1 / 10 to Vastned Retail NV (VASTN.AS). This can be considered as Overvalued.
Can you provide the profitability details for Vastned Retail NV?
Vastned Retail NV (VASTN.AS) has a profitability rating of 4 / 10.
Can you provide the financial health for VASTN stock?
The financial health rating of Vastned Retail NV (VASTN.AS) is 3 / 10.
How sustainable is the dividend of Vastned Retail NV (VASTN.AS) stock?
The dividend rating of Vastned Retail NV (VASTN.AS) is 5 / 10 and the dividend payout ratio is -148.06%.