Wereldhave N.V. Logo

Wereldhave N.V.

WHA.AS

(2.8)
Stock Price

14,74 EUR

2.73% ROA

14.25% ROE

10.11x PER

Market Cap.

629.605.002,00 EUR

98.6% DER

8.04% Yield

42% NPM

Wereldhave N.V. Stock Analysis

Wereldhave N.V. 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.

Wereldhave N.V. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.68x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

3 ROE

ROE in an average range (6.54%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (2.73%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 DER

The stock maintains a fair debt to equity ratio (99%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

8 Dividend Growth

With a history of consistent dividend increases over the last three years, the company has proven to be a reliable choice for investors seeking reliable income.

9 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (66) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

11 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

Wereldhave N.V. 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.

Wereldhave N.V. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Wereldhave N.V. 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.

Wereldhave N.V. Revenue
Year Revenue Growth
2002 175.900.000
2003 171.800.000 -2.39%
2004 147.514.000 -16.46%
2005 168.983.000 12.7%
2006 209.425.000 19.31%
2007 205.601.000 -1.86%
2008 210.935.000 2.53%
2009 211.589.000 0.31%
2010 232.200.000 8.88%
2011 238.784.000 2.76%
2012 177.605.000 -34.45%
2013 138.900.000 -27.87%
2014 147.919.000 6.1%
2015 234.756.000 36.99%
2016 268.077.000 12.43%
2017 264.339.000 -1.41%
2018 232.021.000 -13.93%
2019 240.863.000 3.67%
2020 220.402.000 -9.28%
2021 190.771.000 -15.53%
2022 162.666.000 -17.28%

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.

Wereldhave N.V. 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.

Wereldhave N.V. General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 7.400.000
2003 7.900.000 6.33%
2004 385.000 -1951.95%
2005 13.051.000 97.05%
2006 14.002.000 6.79%
2007 14.133.000 0.93%
2008 14.495.000 2.5%
2009 12.824.000 -13.03%
2010 14.979.000 14.39%
2011 15.982.000 6.28%
2012 21.004.000 23.91%
2013 13.798.000 -52.22%
2014 13.537.000 -1.93%
2015 13.448.000 -0.66%
2016 17.625.000 23.7%
2017 16.290.000 -8.2%
2018 16.946.000 3.87%
2019 -4.735.000 457.89%
2020 -7.972.000 40.6%
2021 -8.113.000 1.74%
2022 -1.389.000 -484.09%

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.

Wereldhave N.V. EBITDA
Year EBITDA Growth
2002 147.800.000
2003 146.600.000 -0.82%
2004 203.406.000 27.93%
2005 253.151.000 19.65%
2006 447.991.000 43.49%
2007 284.872.000 -57.26%
2008 35.298.000 -707.05%
2009 -114.306.000 130.88%
2010 131.566.000 186.88%
2011 90.605.000 -45.21%
2012 46.552.000 -94.63%
2013 97.672.000 52.34%
2014 62.980.000 -55.08%
2015 357.772.000 82.4%
2016 147.856.000 -141.97%
2017 112.853.000 -31.02%
2018 52.692.000 -114.17%
2019 -292.059.000 118.04%
2020 -170.943.000 -70.85%
2021 33.020.000 617.7%
2022 93.044.000 64.51%

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.

Wereldhave N.V. Gross Profit
Year Gross Profit Growth
2002 175.900.000
2003 171.800.000 -2.39%
2004 147.514.000 -16.46%
2005 72.451.000 -103.61%
2006 151.244.000 52.1%
2007 147.459.000 -2.57%
2008 148.555.000 0.74%
2009 143.136.000 -3.79%
2010 160.173.000 10.64%
2011 163.555.000 2.07%
2012 130.811.000 -25.03%
2013 104.860.000 -24.75%
2014 114.776.000 8.64%
2015 173.208.000 33.74%
2016 201.469.000 14.03%
2017 195.167.000 -3.23%
2018 166.355.000 -17.32%
2019 171.474.000 2.99%
2020 133.028.000 -28.9%
2021 124.669.000 -6.7%
2022 114.895.000 -8.51%

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.

Wereldhave N.V. Net Profit
Year Net Profit Growth
2002 116.300.000
2003 116.500.000 0.17%
2004 160.778.000 27.54%
2005 201.231.000 20.1%
2006 357.509.000 43.71%
2007 229.648.000 -55.68%
2008 8.832.000 -2500.18%
2009 -102.271.000 108.64%
2010 95.135.000 207.5%
2011 62.990.000 -51.03%
2012 -98.439.000 163.99%
2013 39.371.000 350.03%
2014 15.020.000 -162.12%
2015 289.516.000 94.81%
2016 100.620.000 -187.73%
2017 67.690.000 -48.65%
2018 -68.006.000 199.54%
2019 -319.458.000 78.71%
2020 -194.220.000 -64.48%
2021 -213.292.000 8.94%
2022 57.265.000 472.46%

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.

Wereldhave N.V. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 5
2003 5 0%
2004 7 16.67%
2005 8 25%
2006 14 42.86%
2007 9 -55.56%
2008 0 0%
2009 -4 100%
2010 4 233.33%
2011 2 -50%
2012 -4 166.67%
2013 2 400%
2014 1 0%
2015 8 100%
2016 3 -300%
2017 2 -100%
2018 -2 200%
2019 -8 85.71%
2020 -5 -75%
2021 -5 20%
2022 1 600%

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.

Wereldhave N.V. Free Cashflow
Year Free Cashflow Growth
2002 -377.500.000
2003 -91.900.000 -310.77%
2004 59.587.000 254.23%
2005 16.309.000 -265.36%
2006 -16.576.000 198.39%
2007 -136.709.000 87.87%
2008 -28.476.000 -380.08%
2009 120.958.000 123.54%
2010 -326.258.000 137.07%
2011 -217.622.000 -49.92%
2012 68.558.000 417.43%
2013 34.939.000 -96.22%
2014 109.967.000 68.23%
2015 22.750.000 -383.37%
2016 135.399.000 83.2%
2017 138.406.000 2.17%
2018 151.453.000 8.61%
2019 114.253.000 -32.56%
2020 97.223.000 -17.52%
2021 79.999.000 -21.53%
2022 66.518.000 -20.27%

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.

Wereldhave N.V. Operating Cashflow
Year Operating Cashflow Growth
2002 0
2003 0 0%
2004 90.917.000 100%
2005 181.111.000 49.8%
2006 115.500.000 -56.81%
2007 96.804.000 -19.31%
2008 117.844.000 17.85%
2009 122.866.000 4.09%
2010 126.057.000 2.53%
2011 124.770.000 -1.03%
2012 69.164.000 -80.4%
2013 36.632.000 -88.81%
2014 110.593.000 66.88%
2015 23.160.000 -377.52%
2016 136.104.000 82.98%
2017 138.908.000 2.02%
2018 152.051.000 8.64%
2019 114.831.000 -32.41%
2020 97.441.000 -17.85%
2021 80.413.000 -21.18%
2022 66.597.000 -20.75%

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.

Wereldhave N.V. Capital Expenditure
Year Capital Expenditure Growth
2002 377.500.000
2003 91.900.000 -310.77%
2004 31.330.000 -193.33%
2005 164.802.000 80.99%
2006 132.076.000 -24.78%
2007 233.513.000 43.44%
2008 146.320.000 -59.59%
2009 1.908.000 -7568.76%
2010 452.315.000 99.58%
2011 342.392.000 -32.1%
2012 606.000 -56400.33%
2013 1.693.000 64.21%
2014 626.000 -170.45%
2015 410.000 -52.68%
2016 705.000 41.84%
2017 502.000 -40.44%
2018 598.000 16.05%
2019 578.000 -3.46%
2020 218.000 -165.14%
2021 414.000 47.34%
2022 79.000 -424.05%

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.

Wereldhave N.V. Equity
Year Equity Growth
2002 1.322.700.000
2003 1.310.000.000 -0.97%
2004 1.414.791.000 7.41%
2005 1.435.991.000 1.48%
2006 1.776.209.000 19.15%
2007 1.850.065.000 3.99%
2008 1.740.283.000 -6.31%
2009 1.569.554.000 -10.88%
2010 1.611.232.000 2.59%
2011 1.591.920.000 -1.21%
2012 1.389.547.000 -14.56%
2013 1.349.426.000 -2.97%
2014 1.823.414.000 25.99%
2015 2.015.069.000 9.51%
2016 1.978.811.000 -1.83%
2017 1.928.635.000 -2.6%
2018 1.975.836.000 2.39%
2019 1.550.280.000 -27.45%
2020 1.334.683.000 -16.15%
2021 1.095.536.000 -21.83%
2022 1.123.243.000 2.47%
2023 1.115.247.000 -0.72%

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.

Wereldhave N.V. Assets
Year Assets Growth
2002 2.077.800.000
2003 2.017.400.000 -2.99%
2004 2.148.839.000 6.12%
2005 2.440.640.000 11.96%
2006 2.650.173.000 7.91%
2007 2.802.637.000 5.44%
2008 2.823.185.000 0.73%
2009 2.596.980.000 -8.71%
2010 3.121.841.000 16.81%
2011 3.250.237.000 3.95%
2012 3.003.956.000 -8.2%
2013 2.325.876.000 -29.15%
2014 3.528.611.000 34.09%
2015 3.919.762.000 9.98%
2016 3.948.086.000 0.72%
2017 3.924.056.000 -0.61%
2018 3.510.440.000 -11.78%
2019 3.043.192.000 -15.35%
2020 2.742.746.000 -10.95%
2021 2.037.491.000 -34.61%
2022 2.098.055.000 2.89%
2023 2.159.531.000 2.85%

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.

Wereldhave N.V. Liabilities
Year Liabilities Growth
2002 755.100.000
2003 707.400.000 -6.74%
2004 631.434.000 -12.03%
2005 792.307.000 20.3%
2006 645.972.000 -22.65%
2007 707.482.000 8.69%
2008 843.124.000 16.09%
2009 910.505.000 7.4%
2010 1.393.777.000 34.67%
2011 1.536.257.000 9.27%
2012 1.467.222.000 -4.71%
2013 826.125.000 -77.6%
2014 1.552.647.000 46.79%
2015 1.731.946.000 10.35%
2016 1.786.872.000 3.07%
2017 1.807.023.000 1.12%
2018 1.534.604.000 -17.75%
2019 1.492.912.000 -2.79%
2020 1.408.063.000 -6.03%
2021 941.955.000 -49.48%
2022 974.812.000 3.37%
2023 1.044.284.000 6.65%

Wereldhave N.V. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.05
Net Income per Share
1.43
Price to Earning Ratio
10.11x
Price To Sales Ratio
3.87x
POCF Ratio
8.7
PFCF Ratio
9.47
Price to Book Ratio
0.65
EV to Sales
9.15
EV Over EBITDA
16
EV to Operating CashFlow
22.35
EV to FreeCashFlow
22.38
Earnings Yield
0.1
FreeCashFlow Yield
0.11
Market Cap
0,63 Bil.
Enterprise Value
1,49 Bil.
Graham Number
26.59
Graham NetNet
-23.91

Income Statement Metrics

Net Income per Share
1.43
Income Quality
0.88
ROE
0.07
Return On Assets
0.06
Return On Capital Employed
0.09
Net Income per EBT
0.86
EBT Per Ebit
0.83
Ebit per Revenue
0.59
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
-0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.68
Operating Profit Margin
0.59
Pretax Profit Margin
0.49
Net Profit Margin
0.42

Dividends

Dividend Yield
0.08
Dividend Yield %
8.04
Payout Ratio
0.94
Dividend Per Share
1.16

Operating Metrics

Operating Cashflow per Share
1.66
Free CashFlow per Share
1.66
Capex to Operating CashFlow
-0
Capex to Revenue
-0
Capex to Depreciation
-0.03
Return on Invested Capital
0.05
Return on Tangible Assets
0.03
Days Sales Outstanding
0
Days Payables Outstanding
88.41
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
4.13
Inventory Turnover
0
Capex per Share
-0

Balance Sheet

Cash per Share
0,36
Book Value per Share
22,05
Tangible Book Value per Share
27.95
Shareholders Equity per Share
22.05
Interest Debt per Share
22.33
Debt to Equity
0.99
Debt to Assets
0.42
Net Debt to EBITDA
9.23
Current Ratio
0.26
Tangible Asset Value
1,12 Bil.
Net Current Asset Value
-0,92 Bil.
Invested Capital
0.99
Working Capital
-0,16 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
0
Debt to Market Cap
1.39

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.

Wereldhave N.V. Dividends
Year Dividends Growth
2007 5
2008 5 0%
2009 5 0%
2010 3 -33.33%
2011 3 0%
2012 5 25%
2013 3 -33.33%
2014 3 0%
2015 4 25%
2016 3 -33.33%
2017 3 0%
2018 3 -50%
2019 3 0%
2020 1 -100%
2021 1 0%
2022 1 100%
2023 1 0%

Wereldhave N.V. Profile

About Wereldhave N.V.

At Wereldhave, we're reinventing shopping centers. Our centers are places where people go, not only to shop, but also to work, relax and spend time with friends and family. We now own and operate 30 center locations across the Netherlands, Belgium and France – combining leisure, entertainment, health & beauty and food & drink with more traditional retail. We choose centers close to cities – that are well connected to public transport and where we can offer free parking. Our centers are anchored around food retail – each has at least one hypermarket or two to three supermarkets. Our centers are places where people go, not only to shop, but also to meet and relax with friends and family. We take a deliberately long-term approach. Our aim is to deliver attractive returns for our investors, create positive value for local communities and other stakeholders and, over time, increase the value of our investments. As a business, consumers are at the heart of everything we do.

CEO
Mr. Matthijs Storm
Employee
94
Address
WTC Schiphol, Tower A
Schiphol, 1118 BH

Wereldhave N.V. Executives & BODs

Wereldhave N.V. Executives & BODs
# Name Age
1 Mr. Pieter Polman
Managing Director for Netherlands
70
2 Ms. Doris Slegtenhorst
Commercial Director & Head of Development Netherlands
70
3 Rik Janssen
Manager of Marketing & Communication
70
4 Ms. Katja Stello
Chief Marketing Officer
70
5 Ms. Belinde P. Bakker
Chief Operating Officer and Managing Director of Wereldhave Netherlands
70
6 Mr. Jeroen Piket
Director Treasury & Investor Relations
70
7 Mr. A. W. de Vreede
Chief Financial Officer & Member of the Management Board
70
8 Mr. Matthijs Storm
Chief Executive Officer & Member of the Management Board
70
9 Joost van der Zee
Chief Strategy Officer
70

Wereldhave N.V. Competitors

Vastned Retail N.V. Logo
Vastned Retail N.V.

VASTN.AS

(2.5)
Koninklijke BAM Groep nv Logo
Koninklijke BAM Groep nv

BAMNB.AS

(2.5)
NSI N.V. Logo
NSI N.V.

NSI.AS

(2.0)
NN Group N.V. Logo
NN Group N.V.

NN.AS

(2.8)