WERELDHAVE BELGIUM NV (WEHB.BR) Stock Fundamental Analysis
Europe - EBR:WEHB - BE0003724383 - REIT
52.8 EUR
-0.4 (-0.75%)
Taking everything into account, WEHB scores 5 out of 10 in our fundamental rating. WEHB was compared to 39 industry peers in the Diversified REITs industry. WEHB has a medium profitability rating, but doesn't score so well on its financial health evaluation. WEHB has a decent growth rate and is not valued too expensively. WEHB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WEHB had positive earnings in the past year.
In the past year WEHB had a positive cash flow from operations.
Of the past 5 years WEHB 4 years were profitable.
WEHB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of WEHB (3.00%) is comparable to the rest of the industry.
WEHB has a Return On Equity of 4.72%. This is comparable to the rest of the industry: WEHB outperforms 46.15% of its industry peers.
WEHB's Return On Invested Capital of 4.16% is fine compared to the rest of the industry. WEHB outperforms 71.79% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WEHB is in line with the industry average of 3.49%.
The 3 year average ROIC (3.99%) for WEHB is below the current ROIC(4.16%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 41.95%, WEHB is in line with its industry, outperforming 51.28% of the companies in the same industry.
WEHB's Profit Margin has improved in the last couple of years.
WEHB has a Operating Margin (68.91%) which is comparable to the rest of the industry.
WEHB's Operating Margin has been stable in the last couple of years.
WEHB's Gross Margin of 78.63% is fine compared to the rest of the industry. WEHB outperforms 64.10% of its industry peers.
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
WEHB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, WEHB has about the same amount of shares outstanding.
Compared to 5 years ago, WEHB has more shares outstanding
The debt/assets ratio for WEHB has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that WEHB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of WEHB (1.16) is better than 76.92% of its industry peers.
WEHB has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
WEHB has a better Debt to Equity ratio (0.38) than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.16 |
ROIC/WACC0.67
WACC6.17%
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.
The Current ratio of WEHB (0.33) is worse than 66.67% of its industry peers.
A Quick Ratio of 0.33 indicates that WEHB may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.33, WEHB is doing worse than 61.54% of the companies in the same industry.
| 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 -54.49%.
WEHB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.58% yearly.
The Revenue has grown by 13.17% in the past year. This is quite good.
The Revenue has been growing slightly by 2.12% on average over the past years.
EPS 1Y (TTM)-54.49%
EPS 3Y21.91%
EPS 5Y16.58%
EPS Q2Q%-60.03%
Revenue 1Y (TTM)13.17%
Revenue growth 3Y6.97%
Revenue growth 5Y2.12%
Sales Q2Q%20.29%
3.2 Future
Based on estimates for the next years, WEHB will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.08% on average per year.
WEHB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.46% yearly.
EPS Next Y17.26%
EPS Next 2Y16.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.49%
Revenue Next 2Y2.46%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 stable.
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
With a Price/Earnings ratio of 13.64, WEHB is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as WEHB.
WEHB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.03.
A Price/Forward Earnings ratio of 8.09 indicates a reasonable valuation of WEHB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WEHB indicates a rather cheap valuation: WEHB is cheaper than 87.18% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.27, WEHB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 8.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WEHB indicates a somewhat cheap valuation: WEHB is cheaper than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.99 |
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.
A more expensive valuation may be justified as WEHB's earnings are expected to grow with 16.08% in the coming years.
PEG (NY)0.79
PEG (5Y)0.82
EPS Next 2Y16.08%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.74%, WEHB is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.95, WEHB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, WEHB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
5.2 History
The dividend of WEHB is nicely growing with an annual growth rate of 12.11%!
Dividend Growth(5Y)12.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
WEHB pays out 48.97% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of WEHB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP48.97%
EPS Next 2Y16.08%
EPS Next 3YN/A
EBR:WEHB (11/5/2025, 3:10:13 PM)
52.8
-0.4 (-0.75%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners0.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap494.21M
Revenue(TTM)82.86M
Net Income(TTM)34.76M
Analysts82.86
Price Target56.1 (6.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
Yearly Dividend4.1
Dividend Growth(5Y)12.11%
DP48.97%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 8.09 | ||
| P/S | 5.96 | ||
| P/FCF | N/A | ||
| P/OCF | 8.36 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 14.99 |
EPS(TTM)3.87
EY7.33%
EPS(NY)6.53
Fwd EY12.36%
FCF(TTM)-4.74
FCFYN/A
OCF(TTM)6.32
OCFY11.97%
SpS8.85
BVpS78.75
TBVpS78.75
PEG (NY)0.79
PEG (5Y)0.82
Graham Number82.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 4.72% | ||
| ROCE | 5.55% | ||
| ROIC | 4.16% | ||
| ROICexc | 4.22% | ||
| ROICexgc | 4.22% | ||
| OM | 68.91% | ||
| PM (TTM) | 41.95% | ||
| GM | 78.63% | ||
| FCFM | N/A |
ROA(3y)5.1%
ROA(5y)3.4%
ROE(3y)7.31%
ROE(5y)4.85%
ROIC(3y)3.99%
ROIC(5y)3.87%
ROICexc(3y)4.05%
ROICexc(5y)3.93%
ROICexgc(3y)4.05%
ROICexgc(5y)3.93%
ROCE(3y)5.32%
ROCE(5y)5.17%
ROICexgc growth 3Y2.69%
ROICexgc growth 5Y-0.19%
ROICexc growth 3Y2.69%
ROICexc growth 5Y-0.19%
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%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.87 | ||
| Cap/Depr | 25939.6% | ||
| Cap/Sales | 124.91% | ||
| Interest Coverage | 5.83 | ||
| Cash Conversion | 102.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 1.16 |
F-Score5
WACC6.17%
ROIC/WACC0.67
Cap/Depr(3y)111.82%
Cap/Depr(5y)77.9%
Cap/Sales(3y)0.54%
Cap/Sales(5y)0.34%
Profit Quality(3y)128.19%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-54.49%
EPS 3Y21.91%
EPS 5Y16.58%
EPS Q2Q%-60.03%
EPS Next Y17.26%
EPS Next 2Y16.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)13.17%
Revenue growth 3Y6.97%
Revenue growth 5Y2.12%
Sales Q2Q%20.29%
Revenue Next Year2.49%
Revenue Next 2Y2.46%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y14.32%
EBIT growth 3Y6.48%
EBIT growth 5Y1.55%
EBIT Next Year0.82%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-191.35%
FCF growth 3Y5.95%
FCF growth 5Y10.77%
OCF growth 1Y21.74%
OCF growth 3Y6.22%
OCF growth 5Y3.28%
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.
What is the valuation status for WEHB stock?
ChartMill assigns a valuation rating of 6 / 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.
What is the financial health of WERELDHAVE BELGIUM NV (WEHB.BR) stock?
The financial health rating of WERELDHAVE BELGIUM NV (WEHB.BR) is 2 / 10.
Can you provide the dividend sustainability for WEHB stock?
The dividend rating of WERELDHAVE BELGIUM NV (WEHB.BR) is 7 / 10 and the dividend payout ratio is 48.97%.