VESTAS WIND SYSTEMS A/S (VWSB.DE) Stock Fundamental Analysis
FRA:VWSB - Deutsche Boerse Ag - DK0061539921 - Common Stock - Currency: EUR
Overall VWSB gets a fundamental rating of 4 out of 10. We evaluated VWSB against 52 industry peers in the Electrical Equipment industry. VWSB has only an average score on both its financial health and profitability. VWSB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VWSB was profitable.
VWSB had a positive operating cash flow in the past year.
Of the past 5 years VWSB 4 years were profitable.
Of the past 5 years VWSB 4 years had a positive operating cash flow.
1.2 Ratios
VWSB has a Return On Assets (2.26%) which is in line with its industry peers.
VWSB's Return On Equity of 17.06% is amongst the best of the industry. VWSB outperforms 88.46% of its industry peers.
With a decent Return On Invested Capital value of 6.62%, VWSB is doing good in the industry, outperforming 63.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 17.06% | ||
| ROIC | 6.62% |
ROA(3y)-1.82%
ROA(5y)-0.11%
ROE(3y)-11.65%
ROE(5y)-3.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VWSB has a better Profit Margin (3.16%) than 61.54% of its industry peers.
VWSB's Profit Margin has declined in the last couple of years.
VWSB has a Operating Margin (4.53%) which is in line with its industry peers.
In the last couple of years the Operating Margin of VWSB has declined.
With a Gross Margin value of 12.01%, VWSB is not doing good in the industry: 90.38% of the companies in the same industry are doing better.
VWSB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.53% | ||
| PM (TTM) | 3.16% | ||
| GM | 12.01% |
OM growth 3Y16.4%
OM growth 5Y-12.13%
PM growth 3Y49.72%
PM growth 5Y-13.02%
GM growth 3Y6.01%
GM growth 5Y-3.88%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VWSB is creating some value.
Compared to 1 year ago, VWSB has about the same amount of shares outstanding.
VWSB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, VWSB has an improved debt to assets ratio.
2.2 Solvency
VWSB has an Altman-Z score of 1.41. This is a bad value and indicates that VWSB is not financially healthy and even has some risk of bankruptcy.
VWSB has a Altman-Z score of 1.41. This is comparable to the rest of the industry: VWSB outperforms 44.23% of its industry peers.
VWSB has a debt to FCF ratio of 1.80. This is a very positive value and a sign of high solvency as it would only need 1.80 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.80, VWSB belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
VWSB has a Debt/Equity ratio of 0.92. This is a neutral value indicating VWSB is somewhat dependend on debt financing.
VWSB has a worse Debt to Equity ratio (0.92) than 71.15% of its industry peers.
Even though the debt/equity ratio score it not favorable for VWSB, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 1.8 | ||
| Altman-Z | 1.41 |
ROIC/WACC1.04
WACC6.38%
2.3 Liquidity
A Current Ratio of 1.02 indicates that VWSB should not have too much problems paying its short term obligations.
VWSB has a worse Current ratio (1.02) than 78.85% of its industry peers.
A Quick Ratio of 0.60 indicates that VWSB may have some problems paying its short term obligations.
VWSB has a Quick ratio of 0.60. This is amonst the worse of the industry: VWSB underperforms 90.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 5700.00% over the past year.
Measured over the past years, VWSB shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.15% on average per year.
VWSB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.70%.
Measured over the past years, VWSB shows a small growth in Revenue. The Revenue has been growing by 7.32% on average per year.
EPS 1Y (TTM)5700%
EPS 3Y42.31%
EPS 5Y-7.15%
EPS Q2Q%100%
Revenue 1Y (TTM)18.7%
Revenue growth 3Y3.53%
Revenue growth 5Y7.32%
Sales Q2Q%29.35%
3.2 Future
Based on estimates for the next years, VWSB will show a very strong growth in Earnings Per Share. The EPS will grow by 20.34% on average per year.
The Revenue is expected to grow by 6.59% on average over the next years.
EPS Next Y62%
EPS Next 2Y50.48%
EPS Next 3Y41.33%
EPS Next 5Y20.34%
Revenue Next Year12.5%
Revenue Next 2Y10.82%
Revenue Next 3Y9.43%
Revenue Next 5Y6.59%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.40, which indicates a rather expensive current valuation of VWSB.
VWSB's Price/Earnings ratio is a bit cheaper when compared to the industry. VWSB is cheaper than 65.38% of the companies in the same industry.
VWSB is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.32, which indicates a correct valuation of VWSB.
75.00% of the companies in the same industry are more expensive than VWSB, based on the Price/Forward Earnings ratio.
VWSB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 12.32 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than VWSB, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, VWSB is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.46 | ||
| EV/EBITDA | 7.95 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as VWSB's earnings are expected to grow with 41.33% in the coming years.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y50.48%
EPS Next 3Y41.33%
5. Dividend
5.1 Amount
With a yearly dividend of 0.51%, VWSB is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.57, VWSB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, VWSB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y50.48%
EPS Next 3Y41.33%
FRA:VWSB (5/26/2025, 7:00:00 PM)
13.665
+0.15 (+1.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners47.74%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap13.80B
Analysts73.94
Price Target20.87 (52.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)60.1%
Min EPS beat(2)20.2%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)-68.13%
Min EPS beat(4)-348.18%
Max EPS beat(4)100%
EPS beat(8)4
Avg EPS beat(8)-29.72%
EPS beat(12)5
Avg EPS beat(12)-37.58%
EPS beat(16)5
Avg EPS beat(16)-95.57%
Revenue beat(2)2
Avg Revenue beat(2)9.38%
Min Revenue beat(2)3.09%
Max Revenue beat(2)15.68%
Revenue beat(4)3
Avg Revenue beat(4)2.78%
Min Revenue beat(4)-13.01%
Max Revenue beat(4)15.68%
Revenue beat(8)6
Avg Revenue beat(8)1.18%
Revenue beat(12)7
Avg Revenue beat(12)-0.51%
Revenue beat(16)9
Avg Revenue beat(16)0.41%
PT rev (1m)2.6%
PT rev (3m)-3.26%
EPS NQ rev (1m)-24.24%
EPS NQ rev (3m)-59.24%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.81%
Revenue NQ rev (1m)-7.37%
Revenue NQ rev (3m)-5.58%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.4 | ||
| Fwd PE | 12.32 | ||
| P/S | 0.76 | ||
| P/FCF | 7.46 | ||
| P/OCF | 4.43 | ||
| P/B | 4.12 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.95 |
EPS(TTM)0.56
EY4.1%
EPS(NY)1.11
Fwd EY8.12%
FCF(TTM)1.83
FCFY13.41%
OCF(TTM)3.08
OCFY22.57%
SpS17.91
BVpS3.32
TBVpS-0.06
PEG (NY)0.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 17.06% | ||
| ROCE | 9.03% | ||
| ROIC | 6.62% | ||
| ROICexc | 10.89% | ||
| ROICexgc | 28.61% | ||
| OM | 4.53% | ||
| PM (TTM) | 3.16% | ||
| GM | 12.01% | ||
| FCFM | 10.24% |
ROA(3y)-1.82%
ROA(5y)-0.11%
ROE(3y)-11.65%
ROE(5y)-3.13%
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 3Y52.87%
ROICexcg growth 5Y-21.37%
ROICexc growth 3Y31.66%
ROICexc growth 5Y-22.57%
OM growth 3Y16.4%
OM growth 5Y-12.13%
PM growth 3Y49.72%
PM growth 5Y-13.02%
GM growth 3Y6.01%
GM growth 5Y-3.88%
F-Score7
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 1.8 | ||
| Debt/EBITDA | 1.83 | ||
| Cap/Depr | 146.3% | ||
| Cap/Sales | 6.99% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 184.98% | ||
| Profit Quality | 323.6% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 1.41 |
F-Score7
WACC6.38%
ROIC/WACC1.04
Cap/Depr(3y)107.34%
Cap/Depr(5y)101.55%
Cap/Sales(3y)6.04%
Cap/Sales(5y)5.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5700%
EPS 3Y42.31%
EPS 5Y-7.15%
EPS Q2Q%100%
EPS Next Y62%
EPS Next 2Y50.48%
EPS Next 3Y41.33%
EPS Next 5Y20.34%
Revenue 1Y (TTM)18.7%
Revenue growth 3Y3.53%
Revenue growth 5Y7.32%
Sales Q2Q%29.35%
Revenue Next Year12.5%
Revenue Next 2Y10.82%
Revenue Next 3Y9.43%
Revenue Next 5Y6.59%
EBIT growth 1Y876.19%
EBIT growth 3Y20.51%
EBIT growth 5Y-5.69%
EBIT Next Year228.41%
EBIT Next 3Y64.28%
EBIT Next 5Y36.54%
FCF growth 1Y278.84%
FCF growth 3Y114.06%
FCF growth 5Y90.43%
OCF growth 1Y1392.53%
OCF growth 3Y34.61%
OCF growth 5Y23.16%