WERELDHAVE BELGIUM NV (WEHB.BR) Stock Fundamental Analysis
EBR:WEHB • BE0003724383
57 EUR
+0.8 (+1.42%)
Last: Feb 26, 2026, 07:00 PM
Taking everything into account, WEHB scores 5 out of 10 in our fundamental rating. WEHB was compared to 42 industry peers in the Diversified REITs industry. There are concerns on the financial health of WEHB while its profitability can be described as average. WEHB has a decent growth rate and is not valued too expensively.
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.
- WEHB had positive earnings in 4 of the past 5 years.
- WEHB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- WEHB has a Return On Assets of 3.00%. This is in the better half of the industry: WEHB outperforms 64.29% of its industry peers.
- WEHB has a Return On Equity (4.72%) which is in line with its industry peers.
- WEHB has a better Return On Invested Capital (4.16%) than 71.43% 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 3.46%.
- 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
- WEHB has a Profit Margin (41.95%) which is comparable to the rest of the industry.
- WEHB's Profit Margin has improved in the last couple of years.
- WEHB has a Operating Margin of 68.91%. This is comparable to the rest of the industry: WEHB outperforms 52.38% of its industry peers.
- WEHB's Operating Margin has been stable in the last couple of years.
- With a decent Gross Margin value of 78.63%, WEHB is doing good in the industry, outperforming 69.05% 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
- WEHB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for WEHB remains at a similar level compared to 1 year ago.
- WEHB has more shares outstanding than it did 5 years ago.
- WEHB has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.37, we must say that WEHB is in the distress zone and has some risk of bankruptcy.
- WEHB has a Altman-Z score of 1.37. This is amongst the best in the industry. WEHB outperforms 88.10% of its industry peers.
- A Debt/Equity ratio of 0.38 indicates that WEHB is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.38, WEHB belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.37 |
ROIC/WACC0.64
WACC6.54%
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 worse Current ratio (0.33) than 61.90% of its industry peers.
- WEHB has a Quick 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 Quick ratio (0.33) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
- The earnings per share for WEHB have decreased strongly by -55.83% in the last year.
- WEHB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.62% yearly.
- 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
- The Earnings Per Share is expected to grow by 1.72% on average over the next years.
- The Revenue is expected to grow by 7.98% on average over the next years.
EPS Next Y21.21%
EPS Next 2Y13.97%
EPS Next 3Y12.62%
EPS Next 5Y1.72%
Revenue Next Year14.33%
Revenue Next 2Y8.01%
Revenue Next 3Y5.97%
Revenue Next 5Y7.98%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 15.20, WEHB is valued correctly.
- WEHB's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of WEHB to the average of the S&P500 Index (27.11), we can say WEHB is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 9.06, the valuation of WEHB can be described as very reasonable.
- 90.48% of the companies in the same industry are more expensive than WEHB, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of WEHB to the average of the S&P500 Index (28.13), we can say WEHB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.2 | ||
| Fwd PE | 9.06 |
4.2 Price Multiples
- WEHB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WEHB is cheaper than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.66 |
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.
- WEHB has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as WEHB's earnings are expected to grow with 12.62% in the coming years.
PEG (NY)0.72
PEG (5Y)0.97
EPS Next 2Y13.97%
EPS Next 3Y12.62%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.55%, WEHB is a good candidate for dividend investing.
- WEHB's Dividend Yield is comparable with the industry average which is at 5.29.
- Compared to an average S&P500 Dividend Yield of 1.80, WEHB pays a better dividend.
| 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 slower than its dividend. This means the dividend growth is not sustainable.
DP48.97%
EPS Next 2Y13.97%
EPS Next 3Y12.62%
EBR:WEHB (2/26/2026, 7:00:00 PM)
57
+0.8 (+1.42%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-05 2026-02-05
Earnings (Next)04-16 2026-04-16
Inst Owners0.56%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap651.51M
Revenue(TTM)82.86M
Net Income(TTM)34.76M
Analysts82.86
Price Target53.83 (-5.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.55% |
Yearly Dividend3.93
Dividend Growth(5Y)11.19%
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)-4.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.04%
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 | 15.2 | ||
| Fwd PE | 9.06 | ||
| P/S | 7.86 | ||
| P/FCF | N/A | ||
| P/OCF | 11.02 | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 17.66 |
EPS(TTM)3.75
EY6.58%
EPS(NY)6.29
Fwd EY11.04%
FCF(TTM)-3.88
FCFYN/A
OCF(TTM)5.17
OCFY9.08%
SpS7.25
BVpS64.48
TBVpS64.48
PEG (NY)0.72
PEG (5Y)0.97
Graham Number73.76
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 | 1.37 |
F-Score5
WACC6.54%
ROIC/WACC0.64
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)-55.83%
EPS 3Y20.24%
EPS 5Y15.62%
EPS Q2Q%-61.65%
EPS Next Y21.21%
EPS Next 2Y13.97%
EPS Next 3Y12.62%
EPS Next 5Y1.72%
Revenue 1Y (TTM)13.17%
Revenue growth 3Y6.97%
Revenue growth 5Y2.12%
Sales Q2Q%20.29%
Revenue Next Year14.33%
Revenue Next 2Y8.01%
Revenue Next 3Y5.97%
Revenue Next 5Y7.98%
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.
Can you provide the valuation status for WERELDHAVE BELGIUM NV?
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.
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.