Wereldhave

Urban Shifts And E-Commerce Will Weaken Rental Performance

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

10 Mar 25

Updated

01 May 25

n/a

AnalystConsensusTarget's Fair Value

n/a

42.9%

4.8%

42.9%

4.8%

You can edit this narrative until May 12 5:59 AM. Then, changes will post as Updates.

Author's Valuation

€17.3314.2% overvalued

AnalystConsensusTarget Fair Value

Narrative

Updates7

Shared on 01 May 25

Fair value Decreased 0.50%

Shared on 24 Apr 25

Fair value Increased 0.50%

AnalystConsensusTarget has increased revenue growth from -3.3% to -2.2%, decreased profit margin from 68.0% to 51.9% and increased future PE multiple from 7.9x to 10.0x.

Shared on 17 Apr 25

Fair value Increased 2.56%

Shared on 09 Apr 25

AnalystConsensusTarget has decreased discount rate from 8.2% to 7.2%.

Shared on 02 Apr 25

Fair value Decreased 5.06%

AnalystConsensusTarget has increased revenue growth from -2.1% to -1.1% and increased discount rate from 7.2% to 8.2%.

Shared on 26 Mar 25

Fair value Increased 10%

AnalystConsensusTarget has decreased revenue growth from -1.1% to -2.1% and decreased discount rate from 8.4% to 7.2%.

Shared on 19 Mar 25

Fair value Increased 0.31%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

€17.33

14.2% overvalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

-3.12%

Retail REITs revenue growth rate

0.11%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

7.16%

Calculation

€93.93m

Earnings '28

12.36x

PE Ratio '28

€1.16b

Market Cap '28

€1.16b

Market Cap '28

54.49m

No. shares '28

€21.31

Share Price '28

€21.31 Share Price '28

Discounted to 2025 @ 7.46% p.a.

€17.18

Fair Value '25