Van Lanschot Kempen NV Logo

Van Lanschot Kempen NV

VLK.AS

(2.0)
Stock Price

42,65 EUR

0.5% ROA

9.02% ROE

13.37x PER

Market Cap.

1.122.818.942,00 EUR

152.67% DER

13.56% Yield

16.28% NPM

Van Lanschot Kempen NV Stock Analysis

Van Lanschot Kempen NV Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Van Lanschot Kempen NV Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.84x), the stock offers substantial upside potential at a bargain price.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

ROE in an average range (6.03%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.5%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (261), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 DER

The company has a high debt to equity ratio (153%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Van Lanschot Kempen NV Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Van Lanschot Kempen NV Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Van Lanschot Kempen NV Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Van Lanschot Kempen NV Revenue
Year Revenue Growth
2002 377.904.000
2003 378.329.000 0.11%
2004 403.878.000 6.33%
2005 485.847.000 16.87%
2006 534.326.000 9.07%
2007 647.996.000 17.54%
2008 493.596.000 -31.28%
2009 670.228.000 26.35%
2010 617.871.000 -8.47%
2011 541.442.000 -14.12%
2012 531.053.000 -1.96%
2013 537.106.000 1.13%
2014 519.251.000 -3.44%
2015 522.269.000 0.58%
2016 526.344.000 0.77%
2017 558.399.000 5.74%
2018 478.261.000 -16.76%
2019 483.755.000 1.14%
2020 421.791.000 -14.69%
2021 563.904.000 25.2%
2022 562.185.000 -0.31%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Van Lanschot Kempen NV Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Van Lanschot Kempen NV General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 211.289.000
2003 200.916.000 -5.16%
2004 79.725.000 -152.01%
2005 72.100.000 -10.58%
2006 89.789.000 19.7%
2007 378.335.000 76.27%
2008 162.321.000 -133.08%
2009 174.441.000 6.95%
2010 167.147.000 -4.36%
2011 154.742.000 -8.02%
2012 148.297.000 -4.35%
2013 121.474.000 -22.08%
2014 125.991.000 3.59%
2015 132.882.000 5.19%
2016 181.308.000 26.71%
2017 138.796.000 -30.63%
2018 128.218.000 -8.25%
2019 116.467.000 -10.09%
2020 112.608.000 -3.43%
2021 123.884.000 9.1%
2022 105.157.000 -17.81%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Van Lanschot Kempen NV EBITDA
Year EBITDA Growth
2002 -154.607.653
2003 -153.431.666 -0.77%
2004 618.879.000 124.79%
2005 791.823.000 21.84%
2006 935.220.000 15.33%
2007 1.263.852.000 26%
2008 1.109.603.000 -13.9%
2009 684.352.000 -62.14%
2010 702.441.000 2.58%
2011 890.548.000 21.12%
2012 540.352.000 -64.81%
2013 626.942.000 13.81%
2014 670.399.000 6.48%
2015 378.269.000 -77.23%
2016 98.064.000 -285.74%
2017 277.878.000 64.71%
2018 232.646.000 -19.44%
2019 146.950.000 -58.32%
2020 81.505.000 -80.3%
2021 207.891.000 60.79%
2022 253.022.000 17.84%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Van Lanschot Kempen NV Gross Profit
Year Gross Profit Growth
2002 377.904.000
2003 378.329.000 0.11%
2004 403.878.000 6.33%
2005 485.847.000 16.87%
2006 534.326.000 9.07%
2007 647.996.000 17.54%
2008 493.596.000 -31.28%
2009 670.228.000 26.35%
2010 617.871.000 -8.47%
2011 541.442.000 -14.12%
2012 531.053.000 -1.96%
2013 537.106.000 1.13%
2014 519.251.000 -3.44%
2015 522.269.000 0.58%
2016 526.344.000 0.77%
2017 558.399.000 5.74%
2018 478.261.000 -16.76%
2019 483.755.000 1.14%
2020 421.791.000 -14.69%
2021 563.904.000 25.2%
2022 562.185.000 -0.31%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Van Lanschot Kempen NV Net Profit
Year Net Profit Growth
2002 97.576.000
2003 106.664.000 8.52%
2004 100.780.000 -5.84%
2005 148.189.000 31.99%
2006 174.756.000 15.2%
2007 215.369.000 18.86%
2008 30.124.000 -614.94%
2009 -15.693.000 291.96%
2010 66.257.000 123.69%
2011 43.127.000 -53.63%
2012 -157.035.000 127.46%
2013 30.355.000 617.33%
2014 100.104.000 69.68%
2015 35.106.000 -185.15%
2016 66.052.000 46.85%
2017 89.508.000 26.21%
2018 74.631.000 -19.93%
2019 97.991.000 23.84%
2020 49.759.000 -96.93%
2021 143.733.000 65.38%
2022 84.155.000 -70.8%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Van Lanschot Kempen NV Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 3
2003 4 0%
2004 340 99.12%
2005 465 26.88%
2006 5 -9200%
2007 6 16.67%
2008 1 0%
2009 0 0%
2010 1 100%
2011 1 0%
2012 -4 100%
2013 1 0%
2014 2 100%
2015 1 0%
2016 2 100%
2017 2 50%
2018 2 -100%
2019 2 50%
2020 1 -100%
2021 3 66.67%
2022 2 -200%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Van Lanschot Kempen NV Free Cashflow
Year Free Cashflow Growth
2002 148.553
2003 288.189 48.45%
2004 -527.260.000 100.05%
2005 -615.968.000 14.4%
2006 -1.321.195.000 53.38%
2007 250.754.000 626.89%
2008 1.397.628.000 82.06%
2009 144.994.000 -863.92%
2010 -356.670.000 140.65%
2011 564.791.000 163.15%
2012 134.575.000 -319.68%
2013 -843.785.000 115.95%
2014 880.386.000 195.84%
2015 -19.516.000 4611.1%
2016 -155.969.000 87.49%
2017 117.017.000 233.29%
2018 593.537.000 80.28%
2019 593.053.000 -0.08%
2020 1.141.841.000 48.06%
2021 1.166.978.000 2.15%
2022 219.463.000 -431.74%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Van Lanschot Kempen NV Operating Cashflow
Year Operating Cashflow Growth
2002 148.553
2003 288.189 48.45%
2004 -439.920.000 100.07%
2005 -592.420.000 25.74%
2006 -1.277.460.000 53.63%
2007 315.128.000 505.38%
2008 1.440.348.000 78.12%
2009 166.736.000 -763.85%
2010 -324.615.000 151.36%
2011 588.552.000 155.15%
2012 144.697.000 -306.75%
2013 -813.298.000 117.79%
2014 893.627.000 191.01%
2015 -6.545.000 13753.58%
2016 -153.243.000 95.73%
2017 133.397.000 214.88%
2018 599.431.000 77.75%
2019 603.947.000 0.75%
2020 1.174.272.000 48.57%
2021 1.359.124.000 13.6%
2022 230.724.000 -489.07%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Van Lanschot Kempen NV Capital Expenditure
Year Capital Expenditure Growth
2002 0
2003 0 0%
2004 87.340.000 100%
2005 23.548.000 -270.9%
2006 43.735.000 46.16%
2007 64.374.000 32.06%
2008 42.720.000 -50.69%
2009 21.742.000 -96.49%
2010 32.055.000 32.17%
2011 23.761.000 -34.91%
2012 10.122.000 -134.75%
2013 30.487.000 66.8%
2014 13.241.000 -130.25%
2015 12.971.000 -2.08%
2016 2.726.000 -375.83%
2017 16.380.000 83.36%
2018 5.894.000 -177.91%
2019 10.894.000 45.9%
2020 32.431.000 66.41%
2021 192.146.000 83.12%
2022 11.261.000 -1606.3%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Van Lanschot Kempen NV Equity
Year Equity Growth
2002 634.778.000
2003 692.557.000 8.34%
2004 1.010.370.000 31.46%
2005 962.156.000 -5.01%
2006 1.044.828.000 7.91%
2007 1.366.721.000 23.55%
2008 1.226.347.000 -11.45%
2009 1.238.418.000 0.97%
2010 1.461.676.000 15.27%
2011 1.507.245.000 3.02%
2012 1.390.019.000 -8.43%
2013 1.320.675.000 -5.25%
2014 1.320.634.000 -0%
2015 1.300.301.000 -1.56%
2016 1.340.471.000 3%
2017 1.332.861.000 -0.57%
2018 1.268.196.000 -5.1%
2019 1.316.571.000 3.67%
2020 1.356.096.000 2.91%
2021 1.409.327.000 3.78%
2022 1.382.374.000 -1.95%
2023 1.353.569.000 -2.13%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Van Lanschot Kempen NV Assets
Year Assets Growth
2002 11.288.864.000
2003 11.578.366.000 2.5%
2004 16.577.779.000 30.16%
2005 1.279.310.000 -1195.84%
2006 1.367.367.000 6.44%
2007 21.718.834.000 93.7%
2008 20.691.896.000 -4.96%
2009 21.264.839.000 2.69%
2010 20.325.117.000 -4.62%
2011 18.453.522.000 -10.14%
2012 17.987.724.000 -2.59%
2013 17.670.365.000 -1.8%
2014 17.259.438.000 -2.38%
2015 15.495.720.000 -11.38%
2016 14.877.411.000 -4.16%
2017 14.658.875.000 -1.49%
2018 13.980.007.000 -4.86%
2019 14.318.853.000 2.37%
2020 15.149.026.000 5.48%
2021 16.306.596.000 7.1%
2022 17.017.913.000 4.18%
2023 15.466.166.000 -10.03%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Van Lanschot Kempen NV Liabilities
Year Liabilities Growth
2002 10.654.086.000
2003 10.885.809.000 2.13%
2004 15.567.409.000 30.07%
2005 3.686.395.000 -322.29%
2006 4.261.641.000 13.5%
2007 20.032.235.000 78.73%
2008 19.147.786.000 -4.62%
2009 19.713.515.000 2.87%
2010 18.540.222.000 -6.33%
2011 16.887.654.000 -9.79%
2012 16.582.040.000 -1.84%
2013 16.331.399.000 -1.53%
2014 15.908.920.000 -2.66%
2015 14.175.786.000 -12.23%
2016 13.523.484.000 -4.82%
2017 13.309.750.000 -1.61%
2018 12.711.811.000 -4.7%
2019 13.002.282.000 2.23%
2020 13.792.930.000 5.73%
2021 14.897.269.000 7.41%
2022 15.635.539.000 4.72%
2023 2.185.939.000 -615.28%

Van Lanschot Kempen NV Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
13.81
Net Income per Share
2.07
Price to Earning Ratio
13.37x
Price To Sales Ratio
2x
POCF Ratio
4.88
PFCF Ratio
5.12
Price to Book Ratio
0.81
EV to Sales
-0.94
EV Over EBITDA
-2.1
EV to Operating CashFlow
-2.3
EV to FreeCashFlow
-2.42
Earnings Yield
0.07
FreeCashFlow Yield
0.2
Market Cap
1,12 Bil.
Enterprise Value
-0,53 Bil.
Graham Number
39.74
Graham NetNet
-289.5

Income Statement Metrics

Net Income per Share
2.07
Income Quality
1.94
ROE
0.06
Return On Assets
0.01
Return On Capital Employed
-0
Net Income per EBT
0.76
EBT Per Ebit
-4316.78
Ebit per Revenue
-0
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0.19
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.89
Operating Profit Margin
-0
Pretax Profit Margin
0.21
Net Profit Margin
0.16

Dividends

Dividend Yield
0.14
Dividend Yield %
13.56
Payout Ratio
1.77
Dividend Per Share
3.75

Operating Metrics

Operating Cashflow per Share
5.67
Free CashFlow per Share
5.39
Capex to Operating CashFlow
-0.05
Capex to Revenue
-0.02
Capex to Depreciation
-0.36
Return on Invested Capital
0.04
Return on Tangible Assets
0.01
Days Sales Outstanding
75.65
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
4.82
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.28

Balance Sheet

Cash per Share
92,46
Book Value per Share
33,96
Tangible Book Value per Share
26.42
Shareholders Equity per Share
33.96
Interest Debt per Share
54.36
Debt to Equity
1.53
Debt to Assets
0.12
Net Debt to EBITDA
-6.53
Current Ratio
125.4
Tangible Asset Value
1,08 Bil.
Net Current Asset Value
-11,76 Bil.
Invested Capital
1.53
Working Capital
3,85 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,12 Bil.
Average Payables
0,02 Bil.
Average Inventory
0
Debt to Market Cap
1.88

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Van Lanschot Kempen NV Dividends
Year Dividends Growth
2000 1
2001 1 100%
2002 2 0%
2003 2 0%
2004 3 50%
2005 1 -100%
2006 3 50%
2007 3 0%
2008 3 33.33%
2009 0 0%
2011 1 0%
2012 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 2 100%
2018 3 0%
2019 3 0%
2020 1 -100%
2021 2 50%
2022 4 33.33%
2023 2 -200%

Van Lanschot Kempen NV Profile

About Van Lanschot Kempen NV

Van Lanschot Kempen NV provides various financial services in the Netherlands, Belgium, and internationally. The company offers private banking services for entrepreneurs, family businesses, high net-worth individuals, business professionals and executives, healthcare professionals, foundations, and associations. It also provides online savings and investment coach services that guide investors towards investment, pension, and savings solutions. In addition, the company offers asset management services on various asset classes comprising small caps, property, high-dividend equities, fixed-income securities, and funds of hedge funds; and fiduciary services for institutional clients. Further, it provides specialist services, including equities research and trading, mergers and acquisitions services, capital market transactions, and debt advisory services to institutional investors, corporates, financial institutions, and public and semi-public entities. The company was formerly known as Van Lanschot Kempen Wealth Management NV and changed its name to Van Lanschot Kempen NV in July 2021. Van Lanschot Kempen NV was founded in 1737 and is headquartered in 's-Hertogenbosch, the Netherlands.

CEO
Mr. Maarten J. Edixhoven
Employee
1.904
Address
Hooge Steenweg 29
's-Hertogenbosch, 5211 JN

Van Lanschot Kempen NV Executives & BODs

Van Lanschot Kempen NV Executives & BODs
# Name Age
1 Tosca Holtland
Investor Relations Manager
70
2 Mr. Maarten J. Edixhoven
Chief Executive Officer & Chairman of the Management Board
70
3 Mr. Jeroen Kroes
Member of Management Board & Chief Financial Officer
70
4 Mr. Arjan J. Huisman
Chief Operating Officer & Member of Management Board
70
5 Mr. Richard P. Bruens
Member of the Management Board
70
6 Ms. Wendy Winkelhuijzen
Member of Management Board & Chief Risk Officer
70
7 Mr. Erik van Houwelingen
Member of the Management Board
70

Van Lanschot Kempen NV Competitors

ASR Nederland N.V. Logo
ASR Nederland N.V.

ASRNL.AS

(2.5)
NN Group N.V. Logo
NN Group N.V.

NN.AS

(2.8)
TKH Group N.V. Logo
TKH Group N.V.

TWEKA.AS

(2.8)
Heijmans N.V. Logo
Heijmans N.V.

HEIJM.AS

(4.0)
Flow Traders N.V. Logo
Flow Traders N.V.

FLOW.AS

(3.0)