WERELDHAVE BELGIUM NV (WEHB.BR) Stock Fundamental Analysis
Europe • Euronext Brussels • EBR:WEHB • BE0003724383
54.4 EUR
+0.2 (+0.37%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to WEHB. WEHB was compared to 41 industry peers in the Diversified REITs industry. While WEHB is still in line with the averages on profitability rating, there are concerns on its financial health. WEHB has a correct valuation and a medium growth rate. WEHB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year WEHB was profitable.
- In the past year WEHB had a positive cash flow from operations.
- WEHB had positive earnings in 4 of the past 5 years.
- In the past 5 years WEHB always reported a positive cash flow from operatings.
1.2 Ratios
- WEHB has a better Return On Assets (3.00%) than 63.41% of its industry peers.
- WEHB has a Return On Equity of 4.72%. This is comparable to the rest of the industry: WEHB outperforms 48.78% of its industry peers.
- WEHB's Return On Invested Capital of 4.16% is fine compared to the rest of the industry. WEHB outperforms 70.73% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for WEHB is in line with the industry average of 3.37%.
- The last Return On Invested Capital (4.16%) for WEHB is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 4.72% | ||
| ROIC | 4.16% |
ROA(3y)5.1%
ROA(5y)3.4%
ROE(3y)7.31%
ROE(5y)4.85%
ROIC(3y)3.99%
ROIC(5y)3.87%
1.3 Margins
- WEHB has a Profit Margin of 41.95%. This is comparable to the rest of the industry: WEHB outperforms 53.66% of its industry peers.
- WEHB's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 68.91%, WEHB is in line with its industry, outperforming 51.22% of the companies in the same industry.
- In the last couple of years the Operating Margin of WEHB has remained more or less at the same level.
- With a decent Gross Margin value of 78.63%, WEHB is doing good in the industry, outperforming 70.73% of the companies in the same industry.
- WEHB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 68.91% | ||
| PM (TTM) | 41.95% | ||
| GM | 78.63% |
OM growth 3Y-0.46%
OM growth 5Y-0.55%
PM growth 3Y15.43%
PM growth 5Y17.46%
GM growth 3Y-0.38%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WEHB is destroying value.
- WEHB has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for WEHB has been increased compared to 5 years ago.
- The debt/assets ratio for WEHB has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.33, we must say that WEHB is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of WEHB (1.33) is better than 87.80% of its industry peers.
- A Debt/Equity ratio of 0.38 indicates that WEHB is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.38, WEHB belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.64
WACC6.46%
2.3 Liquidity
- WEHB has a Current Ratio of 0.33. This is a bad value and indicates that WEHB is not financially healthy enough and could expect problems in meeting its short term obligations.
- WEHB has a Current ratio of 0.33. This is in the lower half of the industry: WEHB underperforms 60.98% of its industry peers.
- A Quick Ratio of 0.33 indicates that WEHB may have some problems paying its short term obligations.
- WEHB has a Quick ratio of 0.33. This is comparable to the rest of the industry: WEHB outperforms 43.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
- WEHB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -55.83%.
- Measured over the past years, WEHB shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.62% on average per year.
- Looking at the last year, WEHB shows a quite strong growth in Revenue. The Revenue has grown by 13.17% in the last year.
- WEHB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.12% yearly.
EPS 1Y (TTM)-55.83%
EPS 3Y20.24%
EPS 5Y15.62%
EPS Q2Q%-61.65%
Revenue 1Y (TTM)13.17%
Revenue growth 3Y6.97%
Revenue growth 5Y2.12%
Sales Q2Q%20.29%
3.2 Future
- WEHB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.62% yearly.
- The Revenue is expected to grow by 5.97% on average over the next years.
EPS Next Y21.21%
EPS Next 2Y13.97%
EPS Next 3Y12.62%
EPS Next 5YN/A
Revenue Next Year14.33%
Revenue Next 2Y8.01%
Revenue Next 3Y5.97%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- WEHB is valuated correctly with a Price/Earnings ratio of 14.51.
- Compared to the rest of the industry, the Price/Earnings ratio of WEHB is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, WEHB is valued a bit cheaper.
- WEHB is valuated reasonably with a Price/Forward Earnings ratio of 8.64.
- Based on the Price/Forward Earnings ratio, WEHB is valued cheaply inside the industry as 92.68% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of WEHB to the average of the S&P500 Index (25.57), we can say WEHB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 8.64 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WEHB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.11 |
4.3 Compensation for Growth
- WEHB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of WEHB may justify a higher PE ratio.
- WEHB's earnings are expected to grow with 12.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.68
PEG (5Y)0.93
EPS Next 2Y13.97%
EPS Next 3Y12.62%
5. Dividend
5.1 Amount
- WEHB has a Yearly Dividend Yield of 5.55%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.41, WEHB has a dividend in line with its industry peers.
- WEHB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.55% |
5.2 History
- The dividend of WEHB is nicely growing with an annual growth rate of 11.19%!
Dividend Growth(5Y)11.19%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 48.97% of the earnings are spent on dividend by WEHB. This is a bit on the high side, but may be sustainable.
- WEHB's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP48.97%
EPS Next 2Y13.97%
EPS Next 3Y12.62%
WERELDHAVE BELGIUM NV / WEHB.BR FAQ
Can you provide the ChartMill fundamental rating for WERELDHAVE BELGIUM NV?
ChartMill assigns a fundamental rating of 5 / 10 to WEHB.BR.
Can you provide the valuation status for WERELDHAVE BELGIUM NV?
ChartMill assigns a valuation rating of 5 / 10 to WERELDHAVE BELGIUM NV (WEHB.BR). This can be considered as Fairly Valued.
What is the profitability of WEHB stock?
WERELDHAVE BELGIUM NV (WEHB.BR) has a profitability rating of 6 / 10.
Can you provide the financial health for WEHB stock?
The financial health rating of WERELDHAVE BELGIUM NV (WEHB.BR) is 3 / 10.
What is the expected EPS growth for WERELDHAVE BELGIUM NV (WEHB.BR) stock?
The Earnings per Share (EPS) of WERELDHAVE BELGIUM NV (WEHB.BR) is expected to grow by 21.21% in the next year.