WAREHOUSES DE PAUW SCA (WDP.BR) Stock Fundamental Analysis
EBR:WDP - BE0974349814 - REIT
21.35 EUR
-0.05 (-0.23%)
We assign a fundamental rating of 5 out of 10 to WDP. WDP was compared to 41 industry peers in the Diversified REITs industry. While WDP has a great profitability rating, there are quite some concerns on its financial health. WDP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
WDP had positive earnings in the past year.
WDP had a positive operating cash flow in the past year.
In the past 5 years WDP has always been profitable.
In the past 5 years WDP always reported a positive cash flow from operatings.
1.2 Ratios
WDP has a Return On Assets of 6.06%. This is amongst the best in the industry. WDP outperforms 97.56% of its industry peers.
The Return On Equity of WDP (10.95%) is better than 95.12% of its industry peers.
WDP has a better Return On Invested Capital (5.47%) than 87.80% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WDP is in line with the industry average of 3.48%.
The 3 year average ROIC (3.28%) for WDP is below the current ROIC(5.47%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | 10.95% | ||
| ROIC | 5.47% |
ROA(3y)3.54%
ROA(5y)6.69%
ROE(3y)5.97%
ROE(5y)11.94%
ROIC(3y)3.28%
ROIC(5y)3.31%
1.3 Margins
With a decent Profit Margin value of 72.74%, WDP is doing good in the industry, outperforming 78.05% of the companies in the same industry.
In the last couple of years the Profit Margin of WDP has declined.
The Operating Margin of WDP (82.48%) is better than 82.93% of its industry peers.
WDP's Operating Margin has been stable in the last couple of years.
WDP has a better Gross Margin (86.19%) than 73.17% of its industry peers.
WDP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 82.48% | ||
| PM (TTM) | 72.74% | ||
| GM | 86.19% |
OM growth 3Y-2.51%
OM growth 5Y-0.79%
PM growth 3Y-34.44%
PM growth 5Y-11.03%
GM growth 3Y-0.52%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
WDP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
WDP has more shares outstanding than it did 1 year ago.
WDP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WDP has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.37, we must say that WDP is in the distress zone and has some risk of bankruptcy.
WDP has a better Altman-Z score (1.37) than 92.68% of its industry peers.
WDP has a debt to FCF ratio of 8.38. This is a slightly negative value and a sign of low solvency as WDP would need 8.38 years to pay back of all of its debts.
The Debt to FCF ratio of WDP (8.38) is better than 90.24% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that WDP is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.68, WDP is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.38 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.99
WACC5.53%
2.3 Liquidity
WDP has a Current Ratio of 0.15. This is a bad value and indicates that WDP is not financially healthy enough and could expect problems in meeting its short term obligations.
WDP has a Current ratio of 0.15. This is in the lower half of the industry: WDP underperforms 78.05% of its industry peers.
A Quick Ratio of 0.15 indicates that WDP may have some problems paying its short term obligations.
With a Quick ratio value of 0.15, WDP is not doing good in the industry: 78.05% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 53.55% over the past year.
WDP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.02% yearly.
WDP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.33%.
WDP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.68% yearly.
EPS 1Y (TTM)53.55%
EPS 3Y-28.63%
EPS 5Y-4.02%
EPS Q2Q%5.26%
Revenue 1Y (TTM)18.33%
Revenue growth 3Y16.3%
Revenue growth 5Y14.68%
Sales Q2Q%16.73%
3.2 Future
WDP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.44% yearly.
The Revenue is expected to grow by 6.87% on average over the next years.
EPS Next Y5.82%
EPS Next 2Y5.51%
EPS Next 3Y5.44%
EPS Next 5YN/A
Revenue Next Year16.5%
Revenue Next 2Y12.41%
Revenue Next 3Y10.48%
Revenue Next 5Y6.87%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.77, the valuation of WDP can be described as correct.
WDP's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.03. WDP is valued slightly cheaper when compared to this.
WDP is valuated correctly with a Price/Forward Earnings ratio of 13.06.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WDP indicates a slightly more expensive valuation: WDP is more expensive than 65.85% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of WDP to the average of the S&P500 Index (22.63), we can say WDP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.77 | ||
| Fwd PE | 13.06 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WDP indicates a somewhat cheap valuation: WDP is cheaper than 75.61% of the companies listed in the same industry.
WDP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.71 | ||
| EV/EBITDA | 13.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of WDP may justify a higher PE ratio.
PEG (NY)2.37
PEG (5Y)N/A
EPS Next 2Y5.51%
EPS Next 3Y5.44%
5. Dividend
5.1 Amount
WDP has a Yearly Dividend Yield of 3.99%.
WDP's Dividend Yield is slightly below the industry average, which is at 5.44.
WDP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
5.2 History
On average, the dividend of WDP grows each year by 9.73%, which is quite nice.
Dividend Growth(5Y)9.73%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
31.43% of the earnings are spent on dividend by WDP. This is a low number and sustainable payout ratio.
The dividend of WDP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP31.43%
EPS Next 2Y5.51%
EPS Next 3Y5.44%
EBR:WDP (9/5/2025, 10:10:23 AM)
21.35
-0.05 (-0.23%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners39.82%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap4.97B
Analysts75.24
Price Target24.97 (16.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.99% |
Yearly Dividend0.64
Dividend Growth(5Y)9.73%
DP31.43%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.99%
Min EPS beat(2)-0.99%
Max EPS beat(2)-0.99%
EPS beat(4)1
Avg EPS beat(4)0.31%
Min EPS beat(4)-0.99%
Max EPS beat(4)4.22%
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)1
Avg Revenue beat(2)-0.91%
Min Revenue beat(2)-2.63%
Max Revenue beat(2)0.82%
Revenue beat(4)2
Avg Revenue beat(4)-0.98%
Min Revenue beat(4)-2.71%
Max Revenue beat(4)0.82%
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)-2.68%
PT rev (3m)-2.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.44%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.07%
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.77 | ||
| Fwd PE | 13.06 | ||
| P/S | 6.95 | ||
| P/FCF | 11.71 | ||
| P/OCF | 10.89 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 13.93 |
EPS(TTM)1.55
EY7.26%
EPS(NY)1.63
Fwd EY7.66%
FCF(TTM)1.82
FCFY8.54%
OCF(TTM)1.96
OCFY9.18%
SpS3.07
BVpS20.41
TBVpS20.4
PEG (NY)2.37
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | 10.95% | ||
| ROCE | 7.42% | ||
| ROIC | 5.47% | ||
| ROICexc | 5.48% | ||
| ROICexgc | 5.48% | ||
| OM | 82.48% | ||
| PM (TTM) | 72.74% | ||
| GM | 86.19% | ||
| FCFM | 59.35% |
ROA(3y)3.54%
ROA(5y)6.69%
ROE(3y)5.97%
ROE(5y)11.94%
ROIC(3y)3.28%
ROIC(5y)3.31%
ROICexc(3y)3.29%
ROICexc(5y)3.32%
ROICexgc(3y)3.29%
ROICexgc(5y)3.32%
ROCE(3y)4.43%
ROCE(5y)4.52%
ROICexcg growth 3Y2.6%
ROICexcg growth 5Y-0.57%
ROICexc growth 3Y2.6%
ROICexc growth 5Y-0.57%
OM growth 3Y-2.51%
OM growth 5Y-0.79%
PM growth 3Y-34.44%
PM growth 5Y-11.03%
GM growth 3Y-0.52%
GM growth 5Y-0.35%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.38 | ||
| Debt/EBITDA | 5.33 | ||
| Cap/Depr | 266.75% | ||
| Cap/Sales | 4.42% | ||
| Interest Coverage | 8.63 | ||
| Cash Conversion | 75.79% | ||
| Profit Quality | 81.6% | ||
| Current Ratio | 0.15 | ||
| Quick Ratio | 0.15 | ||
| Altman-Z | 1.37 |
F-Score5
WACC5.53%
ROIC/WACC0.99
Cap/Depr(3y)181.17%
Cap/Depr(5y)172.03%
Cap/Sales(3y)5.79%
Cap/Sales(5y)4.53%
Profit Quality(3y)449.34%
Profit Quality(5y)288.41%
High Growth Momentum
Growth
EPS 1Y (TTM)53.55%
EPS 3Y-28.63%
EPS 5Y-4.02%
EPS Q2Q%5.26%
EPS Next Y5.82%
EPS Next 2Y5.51%
EPS Next 3Y5.44%
EPS Next 5YN/A
Revenue 1Y (TTM)18.33%
Revenue growth 3Y16.3%
Revenue growth 5Y14.68%
Sales Q2Q%16.73%
Revenue Next Year16.5%
Revenue Next 2Y12.41%
Revenue Next 3Y10.48%
Revenue Next 5Y6.87%
EBIT growth 1Y22.73%
EBIT growth 3Y13.38%
EBIT growth 5Y13.78%
EBIT Next Year3.73%
EBIT Next 3Y7.2%
EBIT Next 5YN/A
FCF growth 1Y94.71%
FCF growth 3Y14.86%
FCF growth 5Y18.27%
OCF growth 1Y87.69%
OCF growth 3Y16.83%
OCF growth 5Y18.57%