WERELDHAVE NV (WHA.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:WHA - NL0000289213 - REIT
19.1 EUR
-0.04 (-0.21%)
Overall WHA gets a fundamental rating of 4 out of 10. We evaluated WHA against 41 industry peers in the Diversified REITs industry. There are concerns on the financial health of WHA while its profitability can be described as average. WHA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
WHA had positive earnings in the past year.
WHA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: WHA reported negative net income in multiple years.
In the past 5 years WHA always reported a positive cash flow from operatings.
1.2 Ratios
WHA has a Return On Assets of 3.47%. This is in the better half of the industry: WHA outperforms 73.17% of its industry peers.
WHA has a Return On Equity of 8.34%. This is in the better half of the industry: WHA outperforms 78.05% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.29%, WHA is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WHA is in line with the industry average of 3.47%.
The last Return On Invested Capital (4.29%) for WHA is above the 3 year average (3.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 8.34% | ||
| ROIC | 4.29% |
ROA(3y)3.71%
ROA(5y)-1.36%
ROE(3y)8.67%
ROE(5y)-3.34%
ROIC(3y)3.93%
ROIC(5y)3.93%
1.3 Margins
WHA has a Profit Margin of 43.25%. This is comparable to the rest of the industry: WHA outperforms 56.10% of its industry peers.
Looking at the Operating Margin, with a value of 64.55%, WHA is in line with its industry, outperforming 43.90% of the companies in the same industry.
WHA's Operating Margin has been stable in the last couple of years.
WHA has a Gross Margin of 71.57%. This is comparable to the rest of the industry: WHA outperforms 46.34% of its industry peers.
In the last couple of years the Gross Margin of WHA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.55% | ||
| PM (TTM) | 43.25% | ||
| GM | 71.57% |
OM growth 3Y5.32%
OM growth 5Y0.19%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.3%
GM growth 5Y0.24%
2. Health
2.1 Basic Checks
WHA 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, WHA has about the same amount of shares outstanding.
WHA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WHA has an improved debt to assets ratio.
2.2 Solvency
WHA has an Altman-Z score of 0.08. This is a bad value and indicates that WHA is not financially healthy and even has some risk of bankruptcy.
WHA has a Altman-Z score of 0.08. This is amonst the worse of the industry: WHA underperforms 92.68% of its industry peers.
The Debt to FCF ratio of WHA is 10.96, which is on the high side as it means it would take WHA, 10.96 years of fcf income to pay off all of its debts.
WHA has a Debt to FCF ratio of 10.96. This is in the better half of the industry: WHA outperforms 63.41% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that WHA is somewhat dependend on debt financing.
WHA has a worse Debt to Equity ratio (0.89) than 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.96 | ||
| Altman-Z | 0.08 |
ROIC/WACC0.88
WACC4.89%
2.3 Liquidity
WHA has a Current Ratio of 0.28. This is a bad value and indicates that WHA is not financially healthy enough and could expect problems in meeting its short term obligations.
WHA has a Current ratio of 0.28. This is in the lower half of the industry: WHA underperforms 65.85% of its industry peers.
A Quick Ratio of 0.28 indicates that WHA may have some problems paying its short term obligations.
With a Quick ratio value of 0.28, WHA is not doing good in the industry: 60.98% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
WHA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.74%.
The Revenue has been growing slightly by 7.35% in the past year.
Measured over the past years, WHA shows a decrease in Revenue. The Revenue has been decreasing by -4.42% on average per year.
EPS 1Y (TTM)-14.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-38.18%
Revenue 1Y (TTM)7.35%
Revenue growth 3Y0.24%
Revenue growth 5Y-4.42%
Sales Q2Q%11.89%
3.2 Future
The Earnings Per Share is expected to grow by 3.01% on average over the next years.
The Revenue is expected to grow by 6.35% on average over the next years.
EPS Next Y2.58%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
EPS Next 5YN/A
Revenue Next Year16.51%
Revenue Next 2Y8.88%
Revenue Next 3Y6.35%
Revenue Next 5YN/A
3.3 Evolution
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
WHA is valuated reasonably with a Price/Earnings ratio of 9.60.
Based on the Price/Earnings ratio, WHA is valued cheaper than 82.93% of the companies in the same industry.
WHA is valuated cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.29, the valuation of WHA can be described as very reasonable.
Based on the Price/Forward Earnings ratio, WHA is valued a bit cheaper than the industry average as 68.29% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, WHA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.6 | ||
| Fwd PE | 10.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 73.17% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WHA indicates a somewhat cheap valuation: WHA is cheaper than 73.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.97 | ||
| EV/EBITDA | 14.36 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WHA does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.72
PEG (5Y)N/A
EPS Next 2Y2.62%
EPS Next 3Y3.01%
5. Dividend
5.1 Amount
WHA has a Yearly Dividend Yield of 6.79%, which is a nice return.
WHA's Dividend Yield is a higher than the industry average which is at 5.07.
WHA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
The dividend of WHA decreases each year by -14.05%.
Dividend Growth(5Y)-14.05%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
WHA pays out 76.14% of its income as dividend. This is not a sustainable payout ratio.
DP76.14%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
AMS:WHA (12/24/2025, 7:00:00 PM)
19.1
-0.04 (-0.21%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners29.42%
Inst Owner ChangeN/A
Ins Owners18.27%
Ins Owner ChangeN/A
Market Cap886.24M
Revenue(TTM)203.49M
Net Income(TTM)88.00M
Analysts71.11
Price Target19.2 (0.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
Yearly Dividend1.18
Dividend Growth(5Y)-14.05%
DP76.14%
Div Incr Years4
Div Non Decr Years4
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)2.17%
PT rev (3m)9.29%
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)8.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.6 | ||
| Fwd PE | 10.29 | ||
| P/S | 4.36 | ||
| P/FCF | 8.97 | ||
| P/OCF | 8.95 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 14.36 |
EPS(TTM)1.99
EY10.42%
EPS(NY)1.86
Fwd EY9.72%
FCF(TTM)2.13
FCFY11.15%
OCF(TTM)2.13
OCFY11.17%
SpS4.39
BVpS22.74
TBVpS22.73
PEG (NY)3.72
PEG (5Y)N/A
Graham Number31.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 8.34% | ||
| ROCE | 5.83% | ||
| ROIC | 4.29% | ||
| ROICexc | 4.34% | ||
| ROICexgc | 4.34% | ||
| OM | 64.55% | ||
| PM (TTM) | 43.25% | ||
| GM | 71.57% | ||
| FCFM | 48.56% |
ROA(3y)3.71%
ROA(5y)-1.36%
ROE(3y)8.67%
ROE(5y)-3.34%
ROIC(3y)3.93%
ROIC(5y)3.93%
ROICexc(3y)3.97%
ROICexc(5y)3.98%
ROICexgc(3y)3.97%
ROICexgc(5y)3.99%
ROCE(3y)5.37%
ROCE(5y)5.39%
ROICexgc growth 3Y0.66%
ROICexgc growth 5Y1.46%
ROICexc growth 3Y0.66%
ROICexc growth 5Y1.46%
OM growth 3Y5.32%
OM growth 5Y0.19%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.3%
GM growth 5Y0.24%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.96 | ||
| Debt/EBITDA | 7.12 | ||
| Cap/Depr | 15.41% | ||
| Cap/Sales | 0.09% | ||
| Interest Coverage | 3.86 | ||
| Cash Conversion | 74.67% | ||
| Profit Quality | 112.28% | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.08 |
F-Score5
WACC4.89%
ROIC/WACC0.88
Cap/Depr(3y)34.51%
Cap/Depr(5y)27.36%
Cap/Sales(3y)0.25%
Cap/Sales(5y)0.22%
Profit Quality(3y)99.64%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-14.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-38.18%
EPS Next Y2.58%
EPS Next 2Y2.62%
EPS Next 3Y3.01%
EPS Next 5YN/A
Revenue 1Y (TTM)7.35%
Revenue growth 3Y0.24%
Revenue growth 5Y-4.42%
Sales Q2Q%11.89%
Revenue Next Year16.51%
Revenue Next 2Y8.88%
Revenue Next 3Y6.35%
Revenue Next 5YN/A
EBIT growth 1Y13.17%
EBIT growth 3Y5.56%
EBIT growth 5Y-4.24%
EBIT Next Year19.44%
EBIT Next 3Y7.96%
EBIT Next 5YN/A
FCF growth 1Y21.07%
FCF growth 3Y4.7%
FCF growth 5Y-4.28%
OCF growth 1Y20.83%
OCF growth 3Y4.59%
OCF growth 5Y-4.34%
WERELDHAVE NV / WHA.AS FAQ
Can you provide the ChartMill fundamental rating for WERELDHAVE NV?
ChartMill assigns a fundamental rating of 4 / 10 to WHA.AS.
Can you provide the valuation status for WERELDHAVE NV?
ChartMill assigns a valuation rating of 6 / 10 to WERELDHAVE NV (WHA.AS). This can be considered as Fairly Valued.
What is the profitability of WHA stock?
WERELDHAVE NV (WHA.AS) has a profitability rating of 5 / 10.
What is the financial health of WERELDHAVE NV (WHA.AS) stock?
The financial health rating of WERELDHAVE NV (WHA.AS) is 2 / 10.
Can you provide the dividend sustainability for WHA stock?
The dividend rating of WERELDHAVE NV (WHA.AS) is 5 / 10 and the dividend payout ratio is 76.14%.