BE0974349814 - REIT

We assign a fundamental rating of **4** out of 10 to **WDP**. **WDP** was compared to 43 industry peers in the **Diversified REITs** industry. There are concerns on the financial health of **WDP** while its profitability can be described as average. While showing a medium growth rate, **WDP** is valued expensive at the moment.

In the past 5 years **WDP** has always been profitable.

In the past 5 years **WDP** always reported a positive cash flow from operatings.

The **Average Return On Invested Capital** over the past 3 years for **WDP** is in line with the industry average of **3.48%**.

The last **Return On Invested Capital** (**4.93%**) for **WDP** is above the 3 year average (**3.20%**), which is a sign of increasing profitability.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 1.97% | ||

ROE | 3.19% | ||

ROIC | 4.93% |

ROA(3y)7.13%

ROA(5y)7.5%

ROE(3y)12.24%

ROE(5y)13.84%

ROIC(3y)3.2%

ROIC(5y)3.33%

Looking at the **Profit Margin**, with a value of **24.90%**, **WDP** is in the better half of the industry, outperforming **73.17%** of the companies in the same industry.

In the last couple of years the **Profit Margin** of **WDP** has declined.

Looking at the **Operating Margin**, with a value of **80.29%**, **WDP** is in the better half of the industry, outperforming **78.05%** of the companies in the same industry.

In the last couple of years the **Operating Margin** of **WDP** has declined.

The **Gross Margin** of **WDP** (**85.28%**) is better than **68.29%** of its industry peers.

In the last couple of years the **Gross Margin** of **WDP** has declined.

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 80.29% | ||

PM (TTM) | 24.9% | ||

GM | 85.28% |

OM growth 3Y-1.63%

OM growth 5Y-1.79%

PM growth 3Y-64.37%

PM growth 5Y-49.3%

GM growth 3Y-1.04%

GM growth 5Y-2.19%

An Altman-Z score of **1.96** indicates that **WDP** is not a great score, but indicates only limited risk for bankruptcy at the moment.

The Debt to FCF ratio of **WDP** is **9.82**, which is on the high side as it means it would take **WDP**, **9.82** years of fcf income to pay off all of its debts.

The **Debt to FCF ratio** of **WDP** (**9.82**) is better than **78.05%** of its industry peers.

A Debt/Equity ratio of **0.53** indicates that **WDP** is somewhat dependend on debt financing.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.53 | ||

Debt/FCF | 9.82 | ||

Altman-Z | 1.96 |

ROIC/WACC0.85

WACC5.82%

A Current Ratio of **0.35** indicates that **WDP** may have some problems paying its short term obligations.

A Quick Ratio of **0.35** indicates that **WDP** may have some problems paying its short term obligations.

The **Quick ratio** of **WDP** (**0.35**) is worse than **68.29%** of its industry peers.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 0.35 | ||

Quick Ratio | 0.35 |

Measured over the past years, **WDP** shows a very negative growth in **Earnings Per Share**. The EPS has been decreasing by **-44.78%** on average per year.

The **Revenue** has grown by **13.18%** in the past year. This is quite good.

The **Revenue** has been growing by **15.14%** on average over the past years. This is quite good.

EPS 1Y (TTM)-71.99%

EPS 3Y-61.36%

EPS 5Y-44.78%

EPS Q2Q%309.11%

Revenue 1Y (TTM)13.18%

Revenue growth 3Y14.95%

Revenue growth 5Y15.14%

Sales Q2Q%9.27%

EPS Next Y6.81%

EPS Next 2Y5.48%

EPS Next 3Y6.02%

EPS Next 5Y4.21%

Revenue Next Year12.17%

Revenue Next 2Y10.79%

Revenue Next 3Y9.58%

Revenue Next 5Y5.8%

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 decreasing: in the next years the growth will be less than in the last years.

The rest of the industry has a similar **Price/Earnings** ratio as **WDP**.

When comparing the **Price/Earnings** ratio of **WDP** to the average of the S&P500 Index (**29.15**), we can say **WDP** is valued slightly more expensively.

With a **Price/Forward Earnings** ratio of **17.02**, **WDP** is valued on the expensive side.

68.29% of the companies in the same industry are cheaper than **WDP**, based on the **Price/Forward Earnings** ratio.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 39.94 | ||

Fwd PE | 17.02 |

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | 23.22 | ||

EV/EBITDA | 17.57 |

The high **PEG Ratio(NY)**, which compensates the Price/Earnings for growth, indicates **WDP** does not grow enough to justify the current Price/Earnings ratio.

PEG (NY)5.87

PEG (5Y)N/A

EPS Next 2Y5.48%

EPS Next 3Y6.02%

Compared to an average industry **Dividend Yield** of **7.78**, **WDP** is paying slightly less dividend.

Compared to an average S&P500 **Dividend Yield** of **2.35**, **WDP** pays a bit more dividend than the S&P500 average.

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 2.94% |

On average, the dividend of **WDP** grows each year by **12.69%**, which is quite nice.

Dividend Growth(5Y)12.69%

Div Incr Years3

Div Non Decr Years3

The dividend of **WDP** is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.

DP88.02%

EPS Next 2Y5.48%

EPS Next 3Y6.02%

**WAREHOUSES DE PAUW SCA**

EBR:WDP (7/12/2024, 7:00:00 PM)

**26.76**

**+0.12 (+0.45%) **

Chartmill FA Rating

GICS SectorReal Estate

GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)

GICS IndustryDiversified REITs

Earnings (Last)

Earnings (Next)

Inst Owners

Inst Owner Change

Ins Owners

Ins Owner Change

Market Cap5.99B

Analysts

Price Target

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 2.94% |

Dividend Growth(5Y)

DP

Div Incr Years

Div Non Decr Years

Ex-Date

Surprises & Revisions

EPS beat(2)

Avg EPS beat(2)

Min EPS beat(2)

Max EPS beat(2)

EPS beat(4)

Avg EPS beat(4)

Min EPS beat(4)

Max EPS beat(4)

EPS beat(8)

Avg EPS beat(8)

EPS beat(12)

Avg EPS beat(12)

EPS beat(16)

Avg EPS beat(16)

Revenue beat(2)

Avg Revenue beat(2)

Min Revenue beat(2)

Max Revenue beat(2)

Revenue beat(4)

Avg Revenue beat(4)

Min Revenue beat(4)

Max Revenue beat(4)

Revenue beat(8)

Avg Revenue beat(8)

Revenue beat(12)

Avg Revenue beat(12)

Revenue beat(16)

Avg Revenue beat(16)

PT rev (1m)

PT rev (3m)

EPS NQ rev (1m)

EPS NQ rev (3m)

EPS NY rev (1m)

EPS NY rev (3m)

Revenue NQ rev (1m)

Revenue NQ rev (3m)

Revenue NY rev (1m)

Revenue NY rev (3m)

Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 39.94 | ||

Fwd PE | 17.02 | ||

P/S | |||

P/FCF | |||

P/OCF | |||

P/B | |||

P/tB | |||

EV/EBITDA |

EPS(TTM)

EY

EPS(NY)

Fwd EY

FCF(TTM)

FCFY

OCF(TTM)

OCFY

SpS

BVpS

TBVpS

PEG (NY)5.87

PEG (5Y)N/A

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 1.97% | ||

ROE | 3.19% | ||

ROCE | |||

ROIC | |||

ROICexc | |||

ROICexgc | |||

OM | 80.29% | ||

PM (TTM) | 24.9% | ||

GM | 85.28% | ||

FCFM |

ROA(3y)

ROA(5y)

ROE(3y)

ROE(5y)

ROIC(3y)

ROIC(5y)

ROICexc(3y)

ROICexc(5y)

ROICexgc(3y)

ROICexgc(5y)

ROCE(3y)

ROCE(5y)

ROICexcg growth 3Y

ROICexcg growth 5Y

ROICexc growth 3Y

ROICexc growth 5Y

OM growth 3Y

OM growth 5Y

PM growth 3Y

PM growth 5Y

GM growth 3Y

GM growth 5Y

F-Score

Asset Turnover0.08

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.53 | ||

Debt/FCF | |||

Debt/EBITDA | |||

Cap/Depr | |||

Cap/Sales | |||

Interest Coverage | |||

Cash Conversion | |||

Profit Quality | |||

Current Ratio | 0.35 | ||

Quick Ratio | 0.35 | ||

Altman-Z |

F-Score

WACC

ROIC/WACC

Cap/Depr(3y)

Cap/Depr(5y)

Cap/Sales(3y)

Cap/Sales(5y)

Profit Quality(3y)

Profit Quality(5y)

High Growth Momentum

Growth

EPS 1Y (TTM)-71.99%

EPS 3Y-61.36%

EPS 5Y

EPS Q2Q%

EPS Next Y6.81%

EPS Next 2Y

EPS Next 3Y

EPS Next 5Y

Revenue 1Y (TTM)13.18%

Revenue growth 3Y14.95%

Revenue growth 5Y

Sales Q2Q%

Revenue Next Year

Revenue Next 2Y

Revenue Next 3Y

Revenue Next 5Y

EBIT growth 1Y

EBIT growth 3Y

EBIT growth 5Y

EBIT Next Year

EBIT Next 3Y

EBIT Next 5Y

FCF growth 1Y

FCF growth 3Y

FCF growth 5Y

OCF growth 1Y

OCF growth 3Y

OCF growth 5Y