VESTAS WIND SYSTEMS A/S (VWSB.DE) Stock Fundamental Analysis

FRA:VWSB • DK0061539921

20.94 EUR
+0.3 (+1.45%)
Last: Feb 16, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to VWSB. VWSB was compared to 68 industry peers in the Electrical Equipment industry. VWSB has only an average score on both its financial health and profitability. VWSB has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • VWSB had positive earnings in the past year.
  • In the past year VWSB had a positive cash flow from operations.
  • VWSB had positive earnings in 4 of the past 5 years.
  • Of the past 5 years VWSB 4 years had a positive operating cash flow.
VWSB.DE Yearly Net Income VS EBIT VS OCF VS FCFVWSB.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • VWSB has a Return On Assets (3.02%) which is in line with its industry peers.
  • Looking at the Return On Equity, with a value of 20.12%, VWSB is in the better half of the industry, outperforming 77.94% of the companies in the same industry.
  • VWSB has a Return On Invested Capital of 8.71%. This is in the better half of the industry: VWSB outperforms 67.65% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for VWSB is significantly below the industry average of 10.18%.
  • The last Return On Invested Capital (8.71%) for VWSB is above the 3 year average (4.98%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.02%
ROE 20.12%
ROIC 8.71%
ROA(3y)1.8%
ROA(5y)-0.35%
ROE(3y)12.27%
ROE(5y)-2.4%
ROIC(3y)4.98%
ROIC(5y)N/A
VWSB.DE Yearly ROA, ROE, ROICVWSB.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • The Profit Margin of VWSB (4.13%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of VWSB has declined.
  • VWSB has a Operating Margin of 5.66%. This is comparable to the rest of the industry: VWSB outperforms 54.41% of its industry peers.
  • In the last couple of years the Operating Margin of VWSB has grown nicely.
  • With a Gross Margin value of 13.27%, VWSB is not doing good in the industry: 86.76% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of VWSB has grown nicely.
Industry RankSector Rank
OM 5.66%
PM (TTM) 4.13%
GM 13.27%
OM growth 3YN/A
OM growth 5Y2%
PM growth 3YN/A
PM growth 5Y-4.35%
GM growth 3Y115.51%
GM growth 5Y4.88%
VWSB.DE Yearly Profit, Operating, Gross MarginsVWSB.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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 less shares outstanding
  • Compared to 5 years ago, VWSB has less shares outstanding
  • VWSB has a better debt/assets ratio than last year.
VWSB.DE Yearly Shares OutstandingVWSB.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
VWSB.DE Yearly Total Debt VS Total AssetsVWSB.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

2.2 Solvency

  • VWSB has an Altman-Z score of 1.67. 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 1.67. This is comparable to the rest of the industry: VWSB outperforms 41.18% of its industry peers.
  • The Debt to FCF ratio of VWSB is 3.35, which is a good value as it means it would take VWSB, 3.35 years of fcf income to pay off all of its debts.
  • VWSB has a Debt to FCF ratio of 3.35. This is in the better half of the industry: VWSB outperforms 72.06% of its industry peers.
  • VWSB has a Debt/Equity ratio of 0.67. This is a neutral value indicating VWSB is somewhat dependend on debt financing.
  • VWSB has a Debt to Equity ratio (0.67) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF 3.35
Altman-Z 1.67
ROIC/WACC1.14
WACC7.64%
VWSB.DE Yearly LT Debt VS Equity VS FCFVWSB.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B 3B 4B

2.3 Liquidity

  • VWSB has a Current Ratio of 1.00. This is a bad value and indicates that VWSB is not financially healthy enough and could expect problems in meeting its short term obligations.
  • VWSB's Current ratio of 1.00 is on the low side compared to the rest of the industry. VWSB is outperformed by 82.35% of its industry peers.
  • VWSB has a Quick Ratio of 1.00. This is a bad value and indicates that VWSB is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.66, VWSB is not doing good in the industry: 79.41% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1
Quick Ratio 0.66
VWSB.DE Yearly Current Assets VS Current LiabilitesVWSB.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 57.14% over the past year.
  • Measured over the past years, VWSB shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.21% on average per year.
  • The Revenue has grown by 8.83% in the past year. This is quite good.
  • VWSB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)57.14%
EPS 3YN/A
EPS 5Y-0.21%
EPS Q2Q%-25.42%
Revenue 1Y (TTM)8.83%
Revenue growth 3Y9.12%
Revenue growth 5Y4.9%
Sales Q2Q%2.1%

3.2 Future

  • The Earnings Per Share is expected to grow by 23.88% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, VWSB will show a quite strong growth in Revenue. The Revenue will grow by 8.10% on average per year.
EPS Next Y43.42%
EPS Next 2Y36.4%
EPS Next 3Y23%
EPS Next 5Y23.88%
Revenue Next Year10.39%
Revenue Next 2Y8.77%
Revenue Next 3Y8.1%
Revenue Next 5Y8.1%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • 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.
VWSB.DE Yearly Revenue VS EstimatesVWSB.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B
VWSB.DE Yearly EPS VS EstimatesVWSB.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 1 -1 2 3

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 27.19, which means the current valuation is very expensive for VWSB.
  • 73.53% of the companies in the same industry are more expensive than VWSB, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of VWSB to the average of the S&P500 Index (27.16), we can say VWSB is valued inline with the index average.
  • With a Price/Forward Earnings ratio of 18.96, VWSB is valued on the expensive side.
  • VWSB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VWSB is cheaper than 72.06% of the companies in the same industry.
  • VWSB is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 27.19
Fwd PE 18.96
VWSB.DE Price Earnings VS Forward Price EarningsVWSB.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, VWSB is valued cheaply inside the industry as 85.29% of the companies are valued more expensively.
  • VWSB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VWSB is cheaper than 80.88% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.98
EV/EBITDA 9.33
VWSB.DE Per share dataVWSB.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • VWSB's 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 23.00% in the coming years.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y36.4%
EPS Next 3Y23%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.29%, VWSB is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.79, VWSB has a dividend in line with its industry peers.
  • With a Dividend Yield of 0.29, VWSB pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.29%

5.2 History

  • The dividend of VWSB decreases each year by -18.07%.
Dividend Growth(5Y)-18.07%
Div Incr Years0
Div Non Decr Years0
VWSB.DE Yearly Dividends per shareVWSB.DE Yearly Dividends per shareYearly Dividends per share 2022 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • VWSB pays out 9.51% of its income as dividend. This is a sustainable payout ratio.
DP9.51%
EPS Next 2Y36.4%
EPS Next 3Y23%
VWSB.DE Yearly Income VS Free CF VS DividendVWSB.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B
VWSB.DE Dividend Payout.VWSB.DE Dividend Payout, showing the Payout Ratio.VWSB.DE Dividend Payout.PayoutRetained Earnings

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VESTAS WIND SYSTEMS A/S

FRA:VWSB (2/16/2026, 7:00:00 PM)

20.94

+0.3 (+1.45%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-05
Earnings (Next)05-04
Inst Owners44.88%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap21.15B
Revenue(TTM)18.82B
Net Income(TTM)778.00M
Analysts73.13
Price Target23.65 (12.94%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.29%
Yearly Dividend0.07
Dividend Growth(5Y)-18.07%
DP9.51%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.93%
Min EPS beat(2)5%
Max EPS beat(2)40.85%
EPS beat(4)3
Avg EPS beat(4)25.98%
Min EPS beat(4)-41.92%
Max EPS beat(4)100%
EPS beat(8)4
Avg EPS beat(8)-71.19%
EPS beat(12)7
Avg EPS beat(12)-9.74%
EPS beat(16)7
Avg EPS beat(16)-86.27%
Revenue beat(2)0
Avg Revenue beat(2)-2.8%
Min Revenue beat(2)-3.7%
Max Revenue beat(2)-1.89%
Revenue beat(4)1
Avg Revenue beat(4)0.54%
Min Revenue beat(4)-7.92%
Max Revenue beat(4)15.68%
Revenue beat(8)3
Avg Revenue beat(8)-1.85%
Revenue beat(12)7
Avg Revenue beat(12)0.39%
Revenue beat(16)8
Avg Revenue beat(16)-0.61%
PT rev (1m)7.03%
PT rev (3m)22.67%
EPS NQ rev (1m)-30.12%
EPS NQ rev (3m)-42.38%
EPS NY rev (1m)-0.85%
EPS NY rev (3m)0.75%
Revenue NQ rev (1m)-2.09%
Revenue NQ rev (3m)-7.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.17%
Valuation
Industry RankSector Rank
PE 27.19
Fwd PE 18.96
P/S 1.12
P/FCF 20.98
P/OCF 9.25
P/B 5.47
P/tB 49.06
EV/EBITDA 9.33
EPS(TTM)0.77
EY3.68%
EPS(NY)1.1
Fwd EY5.27%
FCF(TTM)1
FCFY4.77%
OCF(TTM)2.26
OCFY10.81%
SpS18.64
BVpS3.83
TBVpS0.43
PEG (NY)0.63
PEG (5Y)N/A
Graham Number8.15
Profitability
Industry RankSector Rank
ROA 3.02%
ROE 20.12%
ROCE 12%
ROIC 8.71%
ROICexc 17.77%
ROICexgc 84.27%
OM 5.66%
PM (TTM) 4.13%
GM 13.27%
FCFM 5.36%
ROA(3y)1.8%
ROA(5y)-0.35%
ROE(3y)12.27%
ROE(5y)-2.4%
ROIC(3y)4.98%
ROIC(5y)N/A
ROICexc(3y)9.57%
ROICexc(5y)N/A
ROICexgc(3y)38.43%
ROICexgc(5y)N/A
ROCE(3y)6.87%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y6.33%
ROICexc growth 3YN/A
ROICexc growth 5Y4%
OM growth 3YN/A
OM growth 5Y2%
PM growth 3YN/A
PM growth 5Y-4.35%
GM growth 3Y115.51%
GM growth 5Y4.88%
F-Score8
Asset Turnover0.73
Health
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF 3.35
Debt/EBITDA 1.22
Cap/Depr 120.68%
Cap/Sales 6.79%
Interest Coverage 9.11
Cash Conversion 107.58%
Profit Quality 129.56%
Current Ratio 1
Quick Ratio 0.66
Altman-Z 1.67
F-Score8
WACC7.64%
ROIC/WACC1.14
Cap/Depr(3y)122.47%
Cap/Depr(5y)105.57%
Cap/Sales(3y)6.42%
Cap/Sales(5y)6.06%
Profit Quality(3y)180.25%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)57.14%
EPS 3YN/A
EPS 5Y-0.21%
EPS Q2Q%-25.42%
EPS Next Y43.42%
EPS Next 2Y36.4%
EPS Next 3Y23%
EPS Next 5Y23.88%
Revenue 1Y (TTM)8.83%
Revenue growth 3Y9.12%
Revenue growth 5Y4.9%
Sales Q2Q%2.1%
Revenue Next Year10.39%
Revenue Next 2Y8.77%
Revenue Next 3Y8.1%
Revenue Next 5Y8.1%
EBIT growth 1Y44.25%
EBIT growth 3YN/A
EBIT growth 5Y6.99%
EBIT Next Year137.64%
EBIT Next 3Y39.22%
EBIT Next 5Y28.47%
FCF growth 1Y-14.36%
FCF growth 3YN/A
FCF growth 5Y78.9%
OCF growth 1Y-1.97%
OCF growth 3YN/A
OCF growth 5Y25.2%

VESTAS WIND SYSTEMS A/S / VWSB.DE FAQ

What is the ChartMill fundamental rating of VESTAS WIND SYSTEMS A/S (VWSB.DE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to VWSB.DE.


What is the valuation status of VESTAS WIND SYSTEMS A/S (VWSB.DE) stock?

ChartMill assigns a valuation rating of 6 / 10 to VESTAS WIND SYSTEMS A/S (VWSB.DE). This can be considered as Fairly Valued.


Can you provide the profitability details for VESTAS WIND SYSTEMS A/S?

VESTAS WIND SYSTEMS A/S (VWSB.DE) has a profitability rating of 5 / 10.


What is the financial health of VESTAS WIND SYSTEMS A/S (VWSB.DE) stock?

The financial health rating of VESTAS WIND SYSTEMS A/S (VWSB.DE) is 4 / 10.


What is the expected EPS growth for VESTAS WIND SYSTEMS A/S (VWSB.DE) stock?

The Earnings per Share (EPS) of VESTAS WIND SYSTEMS A/S (VWSB.DE) is expected to grow by 43.42% in the next year.