View ValuationVan de Velde 将来の成長Future 基準チェック /16Van de Veldeは、13.4%と2%でそれぞれ年率13.4%で利益と収益が成長すると予測される一方、EPSはgrowで12.6%年率。主要情報13.4%収益成長率12.64%EPS成長率Luxury 収益成長13.8%収益成長率2.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日20 Apr 2026今後の成長に関する最新情報Major Estimate Revision • Mar 12Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €217.7m to €211.8m. EPS estimate also fell from €2.72 per share to €2.38 per share. Net income forecast to grow 72% next year vs 24% growth forecast for Luxury industry in Belgium. Consensus price target of €38.50 unchanged from last update. Share price fell 5.5% to €30.25 over the past week.Price Target Changed • Sep 01Price target decreased by 12% to €36.50Down from €41.50, the current price target is an average from 2 analysts. New target price is 14% above last closing price of €32.05. Stock is down 2.9% over the past year. The company posted earnings per share of €2.61 last year.Price Target Changed • Sep 01Price target increased to €28.00Up from €23.00, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of €26.50. Stock is up 24% over the past year.すべての更新を表示Recent updatesDeclared Dividend • May 03Dividend of €1.68 announcedShareholders will receive a dividend of €1.68. Ex-date: 7th May 2026 Payment date: 11th May 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (169% earnings payout ratio) nor is it adequately covered by cash flows (100% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 87% to bring the payout ratio under control. EPS is expected to grow by 43% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.分析記事 • Apr 06Van de Velde's (EBR:VAN) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern Van de Velde NV's ( EBR:VAN ) shareholders over the last week. Our analysis...New Risk • Apr 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 169% Cash payout ratio: 100% Dividend yield: 7.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 169% Cash payout ratio: 100% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.8% net profit margin).お知らせ • Apr 04Van de Velde NV to Report First Half, 2027 Results on Sep 01, 2027Van de Velde NV announced that they will report first half, 2027 results on Sep 01, 2027お知らせ • Apr 03Van de Velde NV to Report Fiscal Year 2026 Results on Mar 04, 2027Van de Velde NV announced that they will report fiscal year 2026 results on Mar 04, 2027Major Estimate Revision • Mar 12Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €217.7m to €211.8m. EPS estimate also fell from €2.72 per share to €2.38 per share. Net income forecast to grow 72% next year vs 24% growth forecast for Luxury industry in Belgium. Consensus price target of €38.50 unchanged from last update. Share price fell 5.5% to €30.25 over the past week.Reported Earnings • Mar 06Full year 2025 earnings releasedFull year 2025 results: Revenue: €207.4m (flat on FY 2024). Net income: €17.8m (down 45% from FY 2024). Profit margin: 8.6% (down from 16% in FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Luxury industry in Europe.New Risk • Mar 05New major risk - Revenue and earnings growthRevenue has declined by 2.3% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 2.3% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Oct 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • May 02Upcoming dividend of €1.68 per shareEligible shareholders must have bought the stock before 08 May 2025. Payment date: 12 May 2025. Payout ratio and cash payout ratio are on the higher end at 95% and 75% respectively. Trailing yield: 7.3%. Within top quartile of Belgian dividend payers (6.8%). Higher than average of industry peers (2.1%).分析記事 • Apr 01Van de Velde (EBR:VAN) Has Affirmed Its Dividend Of €1.68Van de Velde NV's ( EBR:VAN ) investors are due to receive a payment of €1.68 per share on 12th of May. This makes the...Declared Dividend • Mar 31Dividend of €1.68 announcedShareholders will receive a dividend of €1.68. Ex-date: 8th May 2025 Payment date: 12th May 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (75% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.8% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: €2.52 (vs €2.61 in FY 2023)Full year 2024 results: EPS: €2.52 (down from €2.61 in FY 2023). Revenue: €211.3m (flat on FY 2023). Net income: €32.0m (down 4.7% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.New Risk • Mar 23New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Feb 27Van de Velde NV to Report Fiscal Year 2025 Results on Mar 05, 2026Van de Velde NV announced that they will report fiscal year 2025 results on Mar 05, 2026New Risk • Oct 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Price Target Changed • Sep 01Price target decreased by 12% to €36.50Down from €41.50, the current price target is an average from 2 analysts. New target price is 14% above last closing price of €32.05. Stock is down 2.9% over the past year. The company posted earnings per share of €2.61 last year.お知らせ • May 26+ 1 more updateVan de Velde NV to Report Fiscal Year 2024 Results on Feb 27, 2025Van de Velde NV announced that they will report fiscal year 2024 results on Feb 27, 2025Upcoming Dividend • Apr 25Upcoming dividend of €1.68 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 06 May 2024. Payout ratio is on the higher end at 92%, however this is supported by cash flows. Trailing yield: 6.9%. Within top quartile of Belgian dividend payers (6.9%). Higher than average of industry peers (1.6%).Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €2.61 (vs €2.82 in FY 2022)Full year 2023 results: EPS: €2.61 (down from €2.82 in FY 2022). Revenue: €217.3m (up 2.6% from FY 2022). Net income: €33.6m (down 8.7% from FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Nov 07+ 2 more updatesVan de Velde NV to Report Fiscal Year 2023 Results on Feb 29, 2024Van de Velde NV announced that they will report fiscal year 2023 results on Feb 29, 2024Upcoming Dividend • Apr 21Upcoming dividend of €1.54 per share at 6.2% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Belgian dividend payers (6.1%). Higher than average of industry peers (1.3%).Reported Earnings • Mar 27Full year 2022 earnings released: EPS: €2.82 (vs €2.43 in FY 2021)Full year 2022 results: EPS: €2.82 (up from €2.43 in FY 2021). Revenue: €217.2m (up 11% from FY 2021). Net income: €36.8m (up 15% from FY 2021). Profit margin: 17% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 08Capital Allocation Trends At Van de Velde (EBR:VAN) Aren't IdealWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Buying Opportunity • Dec 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €38.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%.Buying Opportunity • Dec 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €38.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Dirk Goeminne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 03First half 2022 earnings released: EPS: €1.75 (vs €0 in 1H 2021)First half 2022 results: EPS: €1.75 (up from €0 in 1H 2021). Revenue: €117.0m (up 20% from 1H 2021). Net income: €22.9m (up 26% from 1H 2021). Profit margin: 20% (up from 19% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.0% compared to a 9.9% growth forecast for the Luxury industry in Belgium. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.分析記事 • Jun 14Van de Velde (EBR:VAN) Could Be Struggling To Allocate CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Upcoming Dividend • Apr 27Upcoming dividend of €1.40 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 05 May 2022. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Belgian dividend payers (5.4%). Higher than average of industry peers (1.6%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Dirk Goeminne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: €2.43 (vs €1.11 in FY 2020)Full year 2021 results: EPS: €2.43 (up from €1.11 in FY 2020). Revenue: €195.3m (up 28% from FY 2020). Net income: €32.0m (up 118% from FY 2020). Profit margin: 16% (up from 9.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.0%, compared to a 14% growth forecast for the industry in Belgium. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.Buying Opportunity • Feb 21Now 21% undervaluedOver the last 90 days, the stock is up 2.2%. The fair value is estimated to be €41.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% per annum over the last 3 years. Earnings per share has declined by 30% over the last year.Buying Opportunity • Jan 24Now 24% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €41.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% per annum over the last 3 years. Earnings per share has declined by 30% over the last year.Reported Earnings • Sep 06First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €97.6m (up 32% from 1H 2020). Net income: €18.2m (up 264% from 1H 2020). Profit margin: 19% (up from 6.8% in 1H 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to €28.00, the stock trades at a trailing P/E ratio of 25.3x. Average forward P/E is 27x in the Luxury industry in Europe. Total returns to shareholders of 12% over the past three years.Price Target Changed • Sep 01Price target increased to €28.00Up from €23.00, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of €26.50. Stock is up 24% over the past year.Upcoming Dividend • Apr 28Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 04 May 2021. Payment date: 06 May 2021. Trailing yield: 7.9%. Within top quartile of Belgian dividend payers (4.5%). Higher than average of industry peers (1.0%).分析記事 • Apr 16Estimating The Fair Value Of Van de Velde NV (EBR:VAN)Today we will run through one way of estimating the intrinsic value of Van de Velde NV ( EBR:VAN ) by taking the...分析記事 • Apr 01These Return Metrics Don't Make Van de Velde (EBR:VAN) Look Too StrongWhat underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €152.3m (down 22% from FY 2019). Net income: €14.7m (down 31% from FY 2019). Profit margin: 9.7% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue.分析記事 • Mar 10Read This Before Buying Van de Velde NV (EBR:VAN) For Its DividendDividend paying stocks like Van de Velde NV ( EBR:VAN ) tend to be popular with investors, and for good reason - some...Is New 90 Day High Low • Mar 10New 90-day high: €23.85The company is up 4.0% from its price of €22.90 on 10 December 2020. The Belgian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 7.0% over the same period.分析記事 • Feb 09Van de Velde NV (EBR:VAN) Stock's On A Decline: Are Poor Fundamentals The Cause?It is hard to get excited after looking at Van de Velde's (EBR:VAN) recent performance, when its stock has declined...分析記事 • Jan 19What Is The Ownership Structure Like For Van de Velde NV (EBR:VAN)?Every investor in Van de Velde NV ( EBR:VAN ) should be aware of the most powerful shareholder groups. Insiders often...分析記事 • Dec 25Will Van de Velde (EBR:VAN) Multiply In Value Going Forward?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...分析記事 • Dec 04Van de Velde NV (EBR:VAN) Is Yielding 4.2% - But Is It A Buy?Today we'll take a closer look at Van de Velde NV ( EBR:VAN ) from a dividend investor's perspective. Owning a strong...Is New 90 Day High Low • Dec 03New 90-day high: €23.85The company is up 17% from its price of €20.45 on 04 September 2020. The Belgian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.お知らせ • Sep 10Van de Velde NV to Report Fiscal Year 2020 Results on Feb 25, 2021Van de Velde NV announced that they will report fiscal year 2020 results on Feb 25, 2021業績と収益の成長予測ENXTBR:VAN - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202821429N/AN/A112/31/202720928N/AN/A112/31/202620327N/AN/A112/31/2025202183037N/A12/31/2024206323946N/A12/31/2023211344154N/A9/30/2023215353951N/A6/30/2023218363747N/A3/31/2023215362939N/A12/31/2022212372230N/A9/30/2022212372935N/A6/30/2022212373641N/A3/31/2022204344146N/A12/31/2021195324651N/A9/30/2021186304650N/A6/30/2021176284649N/A3/31/2021164213740N/A12/31/2020152152830N/A9/30/2020157143134N/A6/30/2020161133539N/A3/31/2020178174145N/A12/31/2019196214652N/A9/30/201919923N/AN/AN/A6/30/201920324N/AN/AN/A3/31/201920425N/AN/AN/A12/31/201820526N/A21N/A9/30/201820527N/AN/AN/A6/30/201820529N/AN/AN/A3/31/201820731N/AN/AN/A12/31/201720934N/A35N/A9/30/201720833N/AN/AN/A6/30/201720832N/AN/AN/A3/31/201720733N/AN/AN/A12/31/201620734N/A45N/A9/30/201620837N/AN/AN/A6/30/201620940N/AN/AN/A3/31/201620941N/AN/AN/A12/31/201520941N/A50N/A9/30/201520730N/AN/AN/A6/30/201520519N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: VANの予測収益成長率 (年間13.4% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: VANの収益 ( 13.4% ) Belgian市場 ( 13.8% ) よりも低い成長が予測されています。高成長収益: VANの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: VANの収益 ( 2% ) Belgian市場 ( 7% ) よりも低い成長が予測されています。高い収益成長: VANの収益 ( 2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: VANの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/31 05:12終値2026/05/29 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Van de Velde NV 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Laura RobaDegroof PetercamMatthias MaenhautING Groep NVGuy SipsKBC Securities NV
Major Estimate Revision • Mar 12Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €217.7m to €211.8m. EPS estimate also fell from €2.72 per share to €2.38 per share. Net income forecast to grow 72% next year vs 24% growth forecast for Luxury industry in Belgium. Consensus price target of €38.50 unchanged from last update. Share price fell 5.5% to €30.25 over the past week.
Price Target Changed • Sep 01Price target decreased by 12% to €36.50Down from €41.50, the current price target is an average from 2 analysts. New target price is 14% above last closing price of €32.05. Stock is down 2.9% over the past year. The company posted earnings per share of €2.61 last year.
Price Target Changed • Sep 01Price target increased to €28.00Up from €23.00, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of €26.50. Stock is up 24% over the past year.
Declared Dividend • May 03Dividend of €1.68 announcedShareholders will receive a dividend of €1.68. Ex-date: 7th May 2026 Payment date: 11th May 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (169% earnings payout ratio) nor is it adequately covered by cash flows (100% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 87% to bring the payout ratio under control. EPS is expected to grow by 43% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
分析記事 • Apr 06Van de Velde's (EBR:VAN) Soft Earnings Are Actually Better Than They AppearSoft earnings didn't appear to concern Van de Velde NV's ( EBR:VAN ) shareholders over the last week. Our analysis...
New Risk • Apr 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 169% Cash payout ratio: 100% Dividend yield: 7.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 169% Cash payout ratio: 100% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.8% net profit margin).
お知らせ • Apr 04Van de Velde NV to Report First Half, 2027 Results on Sep 01, 2027Van de Velde NV announced that they will report first half, 2027 results on Sep 01, 2027
お知らせ • Apr 03Van de Velde NV to Report Fiscal Year 2026 Results on Mar 04, 2027Van de Velde NV announced that they will report fiscal year 2026 results on Mar 04, 2027
Major Estimate Revision • Mar 12Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €217.7m to €211.8m. EPS estimate also fell from €2.72 per share to €2.38 per share. Net income forecast to grow 72% next year vs 24% growth forecast for Luxury industry in Belgium. Consensus price target of €38.50 unchanged from last update. Share price fell 5.5% to €30.25 over the past week.
Reported Earnings • Mar 06Full year 2025 earnings releasedFull year 2025 results: Revenue: €207.4m (flat on FY 2024). Net income: €17.8m (down 45% from FY 2024). Profit margin: 8.6% (down from 16% in FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Luxury industry in Europe.
New Risk • Mar 05New major risk - Revenue and earnings growthRevenue has declined by 2.3% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 2.3% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Oct 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • May 02Upcoming dividend of €1.68 per shareEligible shareholders must have bought the stock before 08 May 2025. Payment date: 12 May 2025. Payout ratio and cash payout ratio are on the higher end at 95% and 75% respectively. Trailing yield: 7.3%. Within top quartile of Belgian dividend payers (6.8%). Higher than average of industry peers (2.1%).
分析記事 • Apr 01Van de Velde (EBR:VAN) Has Affirmed Its Dividend Of €1.68Van de Velde NV's ( EBR:VAN ) investors are due to receive a payment of €1.68 per share on 12th of May. This makes the...
Declared Dividend • Mar 31Dividend of €1.68 announcedShareholders will receive a dividend of €1.68. Ex-date: 8th May 2025 Payment date: 12th May 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (75% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.8% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: €2.52 (vs €2.61 in FY 2023)Full year 2024 results: EPS: €2.52 (down from €2.61 in FY 2023). Revenue: €211.3m (flat on FY 2023). Net income: €32.0m (down 4.7% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.
New Risk • Mar 23New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Feb 27Van de Velde NV to Report Fiscal Year 2025 Results on Mar 05, 2026Van de Velde NV announced that they will report fiscal year 2025 results on Mar 05, 2026
New Risk • Oct 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Price Target Changed • Sep 01Price target decreased by 12% to €36.50Down from €41.50, the current price target is an average from 2 analysts. New target price is 14% above last closing price of €32.05. Stock is down 2.9% over the past year. The company posted earnings per share of €2.61 last year.
お知らせ • May 26+ 1 more updateVan de Velde NV to Report Fiscal Year 2024 Results on Feb 27, 2025Van de Velde NV announced that they will report fiscal year 2024 results on Feb 27, 2025
Upcoming Dividend • Apr 25Upcoming dividend of €1.68 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 06 May 2024. Payout ratio is on the higher end at 92%, however this is supported by cash flows. Trailing yield: 6.9%. Within top quartile of Belgian dividend payers (6.9%). Higher than average of industry peers (1.6%).
Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €2.61 (vs €2.82 in FY 2022)Full year 2023 results: EPS: €2.61 (down from €2.82 in FY 2022). Revenue: €217.3m (up 2.6% from FY 2022). Net income: €33.6m (down 8.7% from FY 2022). Profit margin: 16% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Nov 07+ 2 more updatesVan de Velde NV to Report Fiscal Year 2023 Results on Feb 29, 2024Van de Velde NV announced that they will report fiscal year 2023 results on Feb 29, 2024
Upcoming Dividend • Apr 21Upcoming dividend of €1.54 per share at 6.2% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 03 May 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of Belgian dividend payers (6.1%). Higher than average of industry peers (1.3%).
Reported Earnings • Mar 27Full year 2022 earnings released: EPS: €2.82 (vs €2.43 in FY 2021)Full year 2022 results: EPS: €2.82 (up from €2.43 in FY 2021). Revenue: €217.2m (up 11% from FY 2021). Net income: €36.8m (up 15% from FY 2021). Profit margin: 17% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 08Capital Allocation Trends At Van de Velde (EBR:VAN) Aren't IdealWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buying Opportunity • Dec 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be €38.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%.
Buying Opportunity • Dec 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €38.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Dirk Goeminne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 03First half 2022 earnings released: EPS: €1.75 (vs €0 in 1H 2021)First half 2022 results: EPS: €1.75 (up from €0 in 1H 2021). Revenue: €117.0m (up 20% from 1H 2021). Net income: €22.9m (up 26% from 1H 2021). Profit margin: 20% (up from 19% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.0% compared to a 9.9% growth forecast for the Luxury industry in Belgium. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
分析記事 • Jun 14Van de Velde (EBR:VAN) Could Be Struggling To Allocate CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Upcoming Dividend • Apr 27Upcoming dividend of €1.40 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 05 May 2022. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Belgian dividend payers (5.4%). Higher than average of industry peers (1.6%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Dirk Goeminne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: €2.43 (vs €1.11 in FY 2020)Full year 2021 results: EPS: €2.43 (up from €1.11 in FY 2020). Revenue: €195.3m (up 28% from FY 2020). Net income: €32.0m (up 118% from FY 2020). Profit margin: 16% (up from 9.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.0%, compared to a 14% growth forecast for the industry in Belgium. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.
Buying Opportunity • Feb 21Now 21% undervaluedOver the last 90 days, the stock is up 2.2%. The fair value is estimated to be €41.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% per annum over the last 3 years. Earnings per share has declined by 30% over the last year.
Buying Opportunity • Jan 24Now 24% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €41.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% per annum over the last 3 years. Earnings per share has declined by 30% over the last year.
Reported Earnings • Sep 06First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €97.6m (up 32% from 1H 2020). Net income: €18.2m (up 264% from 1H 2020). Profit margin: 19% (up from 6.8% in 1H 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to €28.00, the stock trades at a trailing P/E ratio of 25.3x. Average forward P/E is 27x in the Luxury industry in Europe. Total returns to shareholders of 12% over the past three years.
Price Target Changed • Sep 01Price target increased to €28.00Up from €23.00, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of €26.50. Stock is up 24% over the past year.
Upcoming Dividend • Apr 28Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 04 May 2021. Payment date: 06 May 2021. Trailing yield: 7.9%. Within top quartile of Belgian dividend payers (4.5%). Higher than average of industry peers (1.0%).
分析記事 • Apr 16Estimating The Fair Value Of Van de Velde NV (EBR:VAN)Today we will run through one way of estimating the intrinsic value of Van de Velde NV ( EBR:VAN ) by taking the...
分析記事 • Apr 01These Return Metrics Don't Make Van de Velde (EBR:VAN) Look Too StrongWhat underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...
Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €152.3m (down 22% from FY 2019). Net income: €14.7m (down 31% from FY 2019). Profit margin: 9.7% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue.
分析記事 • Mar 10Read This Before Buying Van de Velde NV (EBR:VAN) For Its DividendDividend paying stocks like Van de Velde NV ( EBR:VAN ) tend to be popular with investors, and for good reason - some...
Is New 90 Day High Low • Mar 10New 90-day high: €23.85The company is up 4.0% from its price of €22.90 on 10 December 2020. The Belgian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 7.0% over the same period.
分析記事 • Feb 09Van de Velde NV (EBR:VAN) Stock's On A Decline: Are Poor Fundamentals The Cause?It is hard to get excited after looking at Van de Velde's (EBR:VAN) recent performance, when its stock has declined...
分析記事 • Jan 19What Is The Ownership Structure Like For Van de Velde NV (EBR:VAN)?Every investor in Van de Velde NV ( EBR:VAN ) should be aware of the most powerful shareholder groups. Insiders often...
分析記事 • Dec 25Will Van de Velde (EBR:VAN) Multiply In Value Going Forward?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
分析記事 • Dec 04Van de Velde NV (EBR:VAN) Is Yielding 4.2% - But Is It A Buy?Today we'll take a closer look at Van de Velde NV ( EBR:VAN ) from a dividend investor's perspective. Owning a strong...
Is New 90 Day High Low • Dec 03New 90-day high: €23.85The company is up 17% from its price of €20.45 on 04 September 2020. The Belgian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.
お知らせ • Sep 10Van de Velde NV to Report Fiscal Year 2020 Results on Feb 25, 2021Van de Velde NV announced that they will report fiscal year 2020 results on Feb 25, 2021