Logo image of VLK.AS

VAN LANSCHOT KEMPEN NV (VLK.AS) Stock Fundamental Analysis

AMS:VLK - Euronext Amsterdam - NL0000302636 - Currency: EUR

48.6  +0.15 (+0.31%)

Fundamental Rating

4

VLK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 101 industry peers in the Capital Markets industry. VLK has a medium profitability rating, but doesn't score so well on its financial health evaluation. VLK is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

4

1. Profitability

1.1 Basic Checks

In the past year VLK was profitable.
In the past year VLK had a positive cash flow from operations.
Each year in the past 5 years VLK has been profitable.
In the past 5 years VLK always reported a positive cash flow from operatings.
VLK.AS Yearly Net Income VS EBIT VS OCF VS FCFVLK.AS 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 200M 400M 600M 800M 1B

1.2 Ratios

The Return On Assets of VLK (0.78%) is comparable to the rest of the industry.
VLK has a Return On Equity of 9.57%. This is in the better half of the industry: VLK outperforms 64.49% of its industry peers.
Industry RankSector Rank
ROA 0.78%
ROE 9.57%
ROIC N/A
ROA(3y)0.64%
ROA(5y)0.61%
ROE(3y)7.99%
ROE(5y)7.37%
ROIC(3y)N/A
ROIC(5y)N/A
VLK.AS Yearly ROA, ROE, ROICVLK.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

VLK's Profit Margin of 17.20% is fine compared to the rest of the industry. VLK outperforms 65.42% of its industry peers.
In the last couple of years the Profit Margin of VLK has grown nicely.
VLK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 17.2%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.26%
PM growth 5Y3.98%
GM growth 3YN/A
GM growth 5YN/A
VLK.AS Yearly Profit, Operating, Gross MarginsVLK.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

More info and screens

2

2. Health

2.1 Basic Checks

The number of shares outstanding for VLK has been reduced compared to 1 year ago.
The number of shares outstanding for VLK has been increased compared to 5 years ago.
VLK has a better debt/assets ratio than last year.
VLK.AS Yearly Shares OutstandingVLK.AS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
VLK.AS Yearly Total Debt VS Total AssetsVLK.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

The Debt to FCF ratio of VLK is 41.46, which is on the high side as it means it would take VLK, 41.46 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of VLK (41.46) is better than 70.09% of its industry peers.
A Debt/Equity ratio of 1.45 is on the high side and indicates that VLK has dependencies on debt financing.
The Debt to Equity ratio of VLK (1.45) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 1.45
Debt/FCF 41.46
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
VLK.AS Yearly LT Debt VS Equity VS FCFVLK.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
VLK.AS Yearly Current Assets VS Current LiabilitesVLK.AS 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

More info and screens

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 9.27% over the past year.
Measured over the past 5 years, VLK shows a small growth in Earnings Per Share. The EPS has been growing by 5.54% on average per year.
VLK shows a small growth in Revenue. In the last year, the Revenue has grown by 7.12%.
VLK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.15% yearly.
EPS 1Y (TTM)9.27%
EPS 3Y-2.47%
EPS 5Y5.54%
EPS Q2Q%-11.24%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y5.32%
Revenue growth 5Y3.15%
Sales Q2Q%2.91%

3.2 Future

VLK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.38% yearly.
The Revenue is expected to grow by 3.46% on average over the next years.
EPS Next Y6.51%
EPS Next 2Y6.56%
EPS Next 3Y8.84%
EPS Next 5Y7.38%
Revenue Next Year3.48%
Revenue Next 2Y3.95%
Revenue Next 3Y4.36%
Revenue Next 5Y3.46%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
VLK.AS Yearly Revenue VS EstimatesVLK.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M
VLK.AS Yearly EPS VS EstimatesVLK.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

VLK is valuated correctly with a Price/Earnings ratio of 14.73.
VLK's Price/Earnings ratio is a bit cheaper when compared to the industry. VLK is cheaper than 71.03% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.63. VLK is valued slightly cheaper when compared to this.
VLK is valuated correctly with a Price/Forward Earnings ratio of 13.83.
Based on the Price/Forward Earnings ratio, VLK is valued a bit cheaper than the industry average as 72.90% of the companies are valued more expensively.
VLK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.72, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 14.73
Fwd PE 13.83
VLK.AS Price Earnings VS Forward Price EarningsVLK.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of VLK indicates a somewhat cheap valuation: VLK is cheaper than 71.03% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 41.1
EV/EBITDA N/A
VLK.AS Per share dataVLK.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VLK does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.26
PEG (5Y)2.66
EPS Next 2Y6.56%
EPS Next 3Y8.84%

More info and screens

6

5. Dividend

5.1 Amount

VLK has a Yearly Dividend Yield of 6.10%, which is a nice return.
Compared to an average industry Dividend Yield of 6.42, VLK pays a better dividend. On top of this VLK pays more dividend than 88.78% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, VLK pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.1%

5.2 History

The dividend of VLK decreases each year by -5.64%.
Dividend Growth(5Y)-5.64%
Div Incr Years0
Div Non Decr Years0
VLK.AS Yearly Dividends per shareVLK.AS Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 0.5 1 1.5 2

5.3 Sustainability

71.52% of the earnings are spent on dividend by VLK. This is not a sustainable payout ratio.
DP71.52%
EPS Next 2Y6.56%
EPS Next 3Y8.84%
VLK.AS Yearly Income VS Free CF VS DividendVLK.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B
VLK.AS Dividend Payout.VLK.AS Dividend Payout, showing the Payout Ratio.VLK.AS Dividend Payout.PayoutRetained Earnings

More info and screens

VAN LANSCHOT KEMPEN NV

AMS:VLK (3/21/2025, 7:00:00 PM)

48.6

+0.15 (+0.31%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-27 2025-02-27/dmh
Earnings (Next)N/A N/A
Inst Owners24.96%
Inst Owner ChangeN/A
Ins Owners0.71%
Ins Owner ChangeN/A
Market Cap2.09B
Analysts82.86
Price Target50.15 (3.19%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.1%
Yearly Dividend2.22
Dividend Growth(5Y)-5.64%
DP71.52%
Div Incr Years0
Div Non Decr Years0
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)3.87%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.95%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)-0.66%
Valuation
Industry RankSector Rank
PE 14.73
Fwd PE 13.83
P/S 2.73
P/FCF 41.1
P/OCF 24.35
P/B 1.52
P/tB 1.96
EV/EBITDA N/A
EPS(TTM)3.3
EY6.79%
EPS(NY)3.51
Fwd EY7.23%
FCF(TTM)1.18
FCFY2.43%
OCF(TTM)2
OCFY4.11%
SpS17.81
BVpS32
TBVpS24.82
PEG (NY)2.26
PEG (5Y)2.66
Profitability
Industry RankSector Rank
ROA 0.78%
ROE 9.57%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 17.2%
GM N/A
FCFM 6.64%
ROA(3y)0.64%
ROA(5y)0.61%
ROE(3y)7.99%
ROE(5y)7.37%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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-6.26%
PM growth 5Y3.98%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 1.45
Debt/FCF 41.46
Debt/EBITDA N/A
Cap/Depr 102.15%
Cap/Sales 4.57%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 38.6%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)85.99%
Cap/Depr(5y)205.48%
Cap/Sales(3y)3.93%
Cap/Sales(5y)9.53%
Profit Quality(3y)178.07%
Profit Quality(5y)809.02%
High Growth Momentum
Growth
EPS 1Y (TTM)9.27%
EPS 3Y-2.47%
EPS 5Y5.54%
EPS Q2Q%-11.24%
EPS Next Y6.51%
EPS Next 2Y6.56%
EPS Next 3Y8.84%
EPS Next 5Y7.38%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y5.32%
Revenue growth 5Y3.15%
Sales Q2Q%2.91%
Revenue Next Year3.48%
Revenue Next 2Y3.95%
Revenue Next 3Y4.36%
Revenue Next 5Y3.46%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-79.75%
FCF growth 3Y-64.8%
FCF growth 5Y-38.8%
OCF growth 1Y-70.4%
OCF growth 3Y-60.17%
OCF growth 5Y-32.3%