VGP (VGP.BR) Stock Fundamental Analysis
EBR:VGP - BE0003878957 - Common Stock
93.2 EUR
+1.7 (+1.86%)
We assign a fundamental rating of 5 out of 10 to VGP. VGP was compared to 70 industry peers in the Real Estate Management & Development industry. Both the profitability and the financial health of VGP get a neutral evaluation. Nothing too spectacular is happening here. VGP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
VGP had positive earnings in the past year.
In the past year VGP had a positive cash flow from operations.
Of the past 5 years VGP 4 years were profitable.
VGP had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
VGP has a Return On Assets of 6.48%. This is amongst the best in the industry. VGP outperforms 94.29% of its industry peers.
VGP has a Return On Equity of 13.09%. This is amongst the best in the industry. VGP outperforms 90.00% of its industry peers.
VGP has a Return On Invested Capital (0.80%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VGP is below the industry average of 4.15%.
The last Return On Invested Capital (0.80%) for VGP is above the 3 year average (0.69%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 13.09% | ||
| ROIC | 0.8% |
ROA(3y)1.87%
ROA(5y)7.8%
ROE(3y)3.44%
ROE(5y)13.72%
ROIC(3y)0.69%
ROIC(5y)N/A
1.3 Margins
VGP has a Profit Margin of 245.03%. This is amongst the best in the industry. VGP outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of VGP has declined.
VGP has a better Operating Margin (33.72%) than 62.86% of its industry peers.
VGP has a Gross Margin of 85.12%. This is amongst the best in the industry. VGP outperforms 81.43% of its industry peers.
VGP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.72% | ||
| PM (TTM) | 245.03% | ||
| GM | 85.12% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-45.61%
PM growth 5Y-21.43%
GM growth 3Y0.49%
GM growth 5Y0.28%
2. Health
2.1 Basic Checks
VGP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, VGP has about the same amount of shares outstanding.
Compared to 5 years ago, VGP has more shares outstanding
Compared to 1 year ago, VGP has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.18, we must say that VGP is in the distress zone and has some risk of bankruptcy.
VGP has a better Altman-Z score (1.18) than 61.43% of its industry peers.
VGP has a debt to FCF ratio of 521.51. This is a negative value and a sign of low solvency as VGP would need 521.51 years to pay back of all of its debts.
VGP has a Debt to FCF ratio (521.51) which is in line with its industry peers.
VGP has a Debt/Equity ratio of 0.85. This is a neutral value indicating VGP is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.85, VGP perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 521.51 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.15
WACC5.26%
2.3 Liquidity
VGP has a Current Ratio of 2.37. This indicates that VGP is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of VGP (2.37) is better than 72.86% of its industry peers.
A Quick Ratio of 2.37 indicates that VGP has no problem at all paying its short term obligations.
VGP has a Quick ratio of 2.37. This is in the better half of the industry: VGP outperforms 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.37 |
3. Growth
3.1 Past
VGP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 67.88%, which is quite impressive.
VGP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.23% yearly.
Looking at the last year, VGP shows a quite strong growth in Revenue. The Revenue has grown by 17.41% in the last year.
Measured over the past years, VGP shows a very strong growth in Revenue. The Revenue has been growing by 36.06% on average per year.
EPS 1Y (TTM)67.88%
EPS 3Y-29.1%
EPS 5Y0.23%
EPS Q2Q%27.55%
Revenue 1Y (TTM)17.41%
Revenue growth 3Y39.99%
Revenue growth 5Y36.06%
Sales Q2Q%19.61%
3.2 Future
VGP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -9.42% yearly.
VGP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.11% yearly.
EPS Next Y-37.93%
EPS Next 2Y-13.55%
EPS Next 3Y-9.42%
EPS Next 5YN/A
Revenue Next Year35.34%
Revenue Next 2Y21.85%
Revenue Next 3Y19.11%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
VGP is valuated cheaply with a Price/Earnings ratio of 7.81.
Based on the Price/Earnings ratio, VGP is valued cheaper than 91.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.06. VGP is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 18.69, the valuation of VGP can be described as rather expensive.
62.86% of the companies in the same industry are more expensive than VGP, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of VGP to the average of the S&P500 Index (22.69), we can say VGP is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.81 | ||
| Fwd PE | 18.69 |
4.2 Price Multiples
VGP's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as VGP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 574.27 | ||
| EV/EBITDA | 80.99 |
4.3 Compensation for Growth
The decent profitability rating of VGP may justify a higher PE ratio.
A cheap valuation may be justified as VGP's earnings are expected to decrease with -9.42% in the coming years.
PEG (NY)N/A
PEG (5Y)33.66
EPS Next 2Y-13.55%
EPS Next 3Y-9.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.52%, VGP has a reasonable but not impressive dividend return.
VGP's Dividend Yield is comparable with the industry average which is at 8.26.
Compared to an average S&P500 Dividend Yield of 2.32, VGP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
5.2 History
On average, the dividend of VGP grows each year by 12.35%, which is quite nice.
Dividend Growth(5Y)12.35%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
27.63% of the earnings are spent on dividend by VGP. This is a low number and sustainable payout ratio.
DP27.63%
EPS Next 2Y-13.55%
EPS Next 3Y-9.42%
EBR:VGP (9/5/2025, 7:00:00 PM)
93.2
+1.7 (+1.86%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners14.78%
Inst Owner ChangeN/A
Ins Owners50.96%
Ins Owner ChangeN/A
Market Cap2.54B
Analysts76.25
Price Target98.2 (5.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
Yearly Dividend3.7
Dividend Growth(5Y)12.35%
DP27.63%
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)0.38%
PT rev (3m)2.54%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-11.36%
EPS NY rev (3m)-11.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)15.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.81 | ||
| Fwd PE | 18.69 | ||
| P/S | 19.12 | ||
| P/FCF | 574.27 | ||
| P/OCF | 574.27 | ||
| P/B | 1.02 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 80.99 |
EPS(TTM)11.94
EY12.81%
EPS(NY)4.99
Fwd EY5.35%
FCF(TTM)0.16
FCFY0.17%
OCF(TTM)0.16
OCFY0.17%
SpS4.87
BVpS91.27
TBVpS91.25
PEG (NY)N/A
PEG (5Y)33.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 13.09% | ||
| ROCE | 0.95% | ||
| ROIC | 0.8% | ||
| ROICexc | 0.88% | ||
| ROICexgc | 0.88% | ||
| OM | 33.72% | ||
| PM (TTM) | 245.03% | ||
| GM | 85.12% | ||
| FCFM | 3.33% |
ROA(3y)1.87%
ROA(5y)7.8%
ROE(3y)3.44%
ROE(5y)13.72%
ROIC(3y)0.69%
ROIC(5y)N/A
ROICexc(3y)0.77%
ROICexc(5y)N/A
ROICexgc(3y)0.77%
ROICexgc(5y)N/A
ROCE(3y)0.83%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-45.61%
PM growth 5Y-21.43%
GM growth 3Y0.49%
GM growth 5Y0.28%
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 521.51 | ||
| Debt/EBITDA | 39.17 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.89 | ||
| Cash Conversion | 8.18% | ||
| Profit Quality | 1.36% | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.37 | ||
| Altman-Z | 1.18 |
F-Score5
WACC5.26%
ROIC/WACC0.15
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)67.88%
EPS 3Y-29.1%
EPS 5Y0.23%
EPS Q2Q%27.55%
EPS Next Y-37.93%
EPS Next 2Y-13.55%
EPS Next 3Y-9.42%
EPS Next 5YN/A
Revenue 1Y (TTM)17.41%
Revenue growth 3Y39.99%
Revenue growth 5Y36.06%
Sales Q2Q%19.61%
Revenue Next Year35.34%
Revenue Next 2Y21.85%
Revenue Next 3Y19.11%
Revenue Next 5YN/A
EBIT growth 1Y22.91%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year0.75%
EBIT Next 3Y5.47%
EBIT Next 5YN/A
FCF growth 1Y108.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y108.14%
OCF growth 3YN/A
OCF growth 5YN/A