VESTAS WIND SYSTEMS A/S (VWSB.DE) Stock Fundamental Analysis
FRA:VWSB - Deutsche Boerse Ag - DK0061539921 - Common Stock - Currency: EUR
VWSB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 56 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.
VWSB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.26%, VWSB is in line with its industry, outperforming 58.93% of the companies in the same industry.
VWSB's Return On Equity of 17.06% is amongst the best of the industry. VWSB outperforms 87.50% of its industry peers.
VWSB has a Return On Invested Capital of 6.62%. This is in the better half of the industry: VWSB outperforms 62.50% of its industry peers.
| 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 Profit Margin (3.16%) which is comparable to the rest of the industry.
VWSB's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 4.53%, VWSB is in line with its industry, outperforming 53.57% of the companies in the same industry.
VWSB's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 12.01%, VWSB is doing worse than 89.29% of the companies in the same industry.
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) below the Cost of Capital (WACC), VWSB is destroying value.
The number of shares outstanding for VWSB remains at a similar level compared to 1 year ago.
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 1.43. 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 (1.43) which is in line with 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.
VWSB has a Debt to FCF ratio of 1.80. This is amongst the best in the industry. VWSB outperforms 87.50% of its industry peers.
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 Debt to Equity ratio of 0.92. This is in the lower half of the industry: VWSB underperforms 71.43% 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 | 1.43 |
ROIC/WACC0.99
WACC6.68%
2.3 Liquidity
VWSB has a Current Ratio of 1.02. This is a normal value and indicates that VWSB is financially healthy and should not expect problems in meeting its short term obligations.
VWSB has a Current ratio of 1.02. This is amonst the worse of the industry: VWSB underperforms 82.14% 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 89.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
VWSB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 5700.00%, which is quite impressive.
VWSB shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.15% yearly.
The Revenue has grown by 18.70% in the past year. This is quite good.
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
The Earnings Per Share is expected to grow by 20.34% on average over the next years. This is a very strong growth
Based on estimates for the next years, VWSB will show a small growth in Revenue. The Revenue will grow by 7.29% on average per year.
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 5Y7.29%
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.
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
Based on the Price/Earnings ratio of 25.87, the valuation of VWSB can be described as expensive.
67.86% of the companies in the same industry are more expensive than VWSB, based on the Price/Earnings ratio.
VWSB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.32.
With a Price/Forward Earnings ratio of 13.06, VWSB is valued correctly.
Based on the Price/Forward Earnings ratio, VWSB is valued a bit cheaper than the industry average as 73.21% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, VWSB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.87 | ||
| Fwd PE | 13.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VWSB is valued a bit cheaper than the industry average as 69.64% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, VWSB is valued cheaper than 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.91 | ||
| EV/EBITDA | 8.44 |
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)0.42
PEG (5Y)N/A
EPS Next 2Y50.48%
EPS Next 3Y41.33%
5. Dividend
5.1 Amount
With a yearly dividend of 0.50%, VWSB is not a good candidate for dividend investing.
VWSB's Dividend Yield is a higher than the industry average which is at 2.58.
With a Dividend Yield of 0.50, VWSB pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
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 (6/17/2025, 7:00:00 PM)
14.49
-0.52 (-3.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners36.27%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap14.63B
Analysts74.55
Price Target19.4 (33.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
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)-7.02%
PT rev (3m)-8.77%
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%
Revenue NY rev (3m)-0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.87 | ||
| Fwd PE | 13.06 | ||
| P/S | 0.81 | ||
| P/FCF | 7.91 | ||
| P/OCF | 4.7 | ||
| P/B | 4.37 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.44 |
EPS(TTM)0.56
EY3.86%
EPS(NY)1.11
Fwd EY7.66%
FCF(TTM)1.83
FCFY12.65%
OCF(TTM)3.08
OCFY21.29%
SpS17.91
BVpS3.32
TBVpS-0.06
PEG (NY)0.42
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 | 1.43 |
F-Score7
WACC6.68%
ROIC/WACC0.99
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 5Y7.29%
EBIT growth 1Y876.19%
EBIT growth 3Y20.51%
EBIT growth 5Y-5.69%
EBIT Next Year228.41%
EBIT Next 3Y64.28%
EBIT Next 5Y38.4%
FCF growth 1Y278.84%
FCF growth 3Y114.06%
FCF growth 5Y90.43%
OCF growth 1Y1392.53%
OCF growth 3Y34.61%
OCF growth 5Y23.16%