View Future GrowthVan de Velde 과거 순이익 실적과거 기준 점검 1/6Van de Velde은 연평균 2.2%의 비율로 수입이 증가해 온 반면, Luxury 산업은 수입이 5.6% 증가했습니다. 매출은 연평균 4.7%의 비율로 증가했습니다. Van de Velde의 자기자본이익률은 12.3%이고 순이익률은 8.8%입니다.핵심 정보2.23%순이익 성장률3.07%주당순이익(EPS) 성장률Luxury 산업 성장률13.83%매출 성장률4.74%자기자본이익률12.31%순이익률8.82%다음 순이익 업데이트04 Mar 2027최근 과거 실적 업데이트분석 기사 • 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...공시 • 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, 2027공시 • 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, 2027Reported 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.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.공시 • 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, 2026모든 업데이트 보기Recent 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.분석 기사 • 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).공시 • 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, 2027공시 • 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%).분석 기사 • 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.공시 • 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.공시 • 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.공시 • 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.분석 기사 • 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.분석 기사 • 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%).분석 기사 • 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...분석 기사 • 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.분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.공시 • 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, 2021매출 및 비용 세부 내역Van de Velde가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ENXTBR:VAN 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 252021853031 Dec 242063249031 Dec 232113448030 Sep 232153548030 Jun 232183648031 Mar 232153647031 Dec 222123747030 Sep 222123747030 Jun 222123747031 Mar 222043446031 Dec 211953245030 Sep 211863044030 Jun 211762843031 Mar 211642142031 Dec 201521541030 Sep 201571443030 Jun 201611345031 Mar 201781747031 Dec 191962149030 Sep 191992362030 Jun 192032475031 Mar 192042563031 Dec 182052651030 Sep 182052747030 Jun 182052944031 Mar 182073144031 Dec 172093444030 Sep 172083344030 Jun 172083244031 Mar 172073344031 Dec 162073444030 Sep 162083744030 Jun 162094044031 Mar 162094144031 Dec 152094144030 Sep 152073043030 Jun 1520519430양질의 수익: VAN는 €8.1M 규모의 큰 일회성 손실이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: VAN의 현재 순 이익률 (8.8%)은 지난해 (15.5%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: VAN의 수익은 지난 5년 동안 연평균 2.2% 증가했습니다.성장 가속화: VAN은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: VAN은 지난 1년 동안 수익이 감소(-44.3%)하여 Luxury 업계 평균(2%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: VAN의 자본 수익률(12.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 09:59종가2026/05/26 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Van de Velde NV는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Laura RobaDegroof PetercamMatthias MaenhautING Groep NVGuy SipsKBC Securities NV
분석 기사 • 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...
공시 • 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
공시 • 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
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.
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.
공시 • 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
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.
분석 기사 • 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).
공시 • 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
공시 • 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%).
분석 기사 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
분석 기사 • 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.
분석 기사 • 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%).
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
공시 • 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