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Ackermans & Van Haaren NVENXTBR:ACKB Stock Report

Market Cap €9.0b
Share Price
€274.00
€296.29
7.5% undervalued intrinsic discount
1Y19.1%
7D-2.7%
1D
Portfolio Value
View

Ackermans & Van Haaren NV

ENXTBR:ACKB Stock Report

Market Cap: €9.0b

Ackermans & Van Haaren (ACKB) Stock Overview

Engages in marine engineering and contracting, private banking, real estate, energy and resources, and growth capital businesses worldwide. More details

ACKB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends4/6

ACKB Community Fair Values

Create Narrative

See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

Ackermans & Van Haaren NV Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ackermans & Van Haaren
Historical stock prices
Current Share Price€274.00
52 Week High€300.20
52 Week Low€208.20
Beta0.76
1 Month Change-0.44%
3 Month Change-5.12%
1 Year Change19.13%
3 Year Change71.36%
5 Year Change105.86%
Change since IPO3,870.34%

Recent News & Updates

Narrative Update May 17

ACKB: Future Returns Will Reflect Updated Risk Profile And P E Assumptions

Analysts have raised their price target on Ackermans & Van Haaren to €330 from €289, citing updated views on the stock's risk profile, earnings outlook and P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts see the move to a €330 price target as better aligning the stock with their updated P/E assumptions, suggesting the current valuation may not fully reflect their earnings expectations.
Narrative Update Apr 23

ACKB: Future Returns Will Rely On P/E Support And Risk Assumptions

Analysts have lifted their price target on Ackermans & Van Haaren to €330 from €289, reflecting updated views on risk, growth and expected P/E that keep the stock aligned with their broader investment case. Analyst Commentary Bullish Takeaways Bullish analysts see the higher €330 price target as better aligned with their current assumptions on risk, growth and P/E, which they view as still coherent with the existing investment case.
Narrative Update Apr 08

ACKB: Future Returns Will Rely On P/E Support And Margin Resilience

Ackermans & Van Haaren's analyst price target has been revised to €330 from €289. Analysts point to updated assumptions on fair value, discount rate and future P/E as key drivers of the adjustment.

Recent updates

Narrative Update May 17

ACKB: Future Returns Will Reflect Updated Risk Profile And P E Assumptions

Analysts have raised their price target on Ackermans & Van Haaren to €330 from €289, citing updated views on the stock's risk profile, earnings outlook and P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts see the move to a €330 price target as better aligning the stock with their updated P/E assumptions, suggesting the current valuation may not fully reflect their earnings expectations.
Narrative Update Apr 23

ACKB: Future Returns Will Rely On P/E Support And Risk Assumptions

Analysts have lifted their price target on Ackermans & Van Haaren to €330 from €289, reflecting updated views on risk, growth and expected P/E that keep the stock aligned with their broader investment case. Analyst Commentary Bullish Takeaways Bullish analysts see the higher €330 price target as better aligned with their current assumptions on risk, growth and P/E, which they view as still coherent with the existing investment case.
Narrative Update Apr 08

ACKB: Future Returns Will Rely On P/E Support And Margin Resilience

Ackermans & Van Haaren's analyst price target has been revised to €330 from €289. Analysts point to updated assumptions on fair value, discount rate and future P/E as key drivers of the adjustment.
Narrative Update Mar 25

ACKB: Future Upside Will Depend On Sustained Margins And Earnings Power

Analysts have raised their price target on Ackermans & Van Haaren to €330 from €289, reflecting updated views on the stock's valuation drivers and risk profile. Analyst Commentary Bullish analysts are signaling a more constructive stance on Ackermans & Van Haaren, which is reflected in the higher price target of €330 compared with the previous €289 level.
Narrative Update Mar 09

ACKB: Fair Outlook Will Rely On Margins And Revenue Assumptions

The average analyst price target for Ackermans & Van Haaren has been adjusted from €277.71 to €291.86, with analysts citing updated assumptions around revenue growth, profit margins and forward P/E as key factors behind the change. Valuation Changes Fair Value: updated from €277.71 to €291.86, a modest upward adjustment in the modelled estimate.
Narrative Update Feb 23

ACKB: Fair Outlook Will Depend On Margins And Assumed Revenue Expansion

Analysts have lifted their price target on Ackermans & Van Haaren from €263.43 to €277.71, citing updated assumptions on revenue growth, profit margins and future P/E that point to a slightly higher fair value under a similar discount rate. Valuation Changes Fair Value: updated from €263.43 to €277.71, representing a modest uplift in the modelled estimate.
Narrative Update Feb 08

ACKB: Fair Outlook Will Rely On Stable Margins And Slight Multiple Adjustment

Analysts have kept their fair value estimate for Ackermans & Van Haaren steady at €263.43, with only marginal tweaks to assumptions such as the discount rate and future P/E. This reflects a broadly unchanged view of the company’s risk and earnings profile.
Analysis Article Jan 28

There's Been No Shortage Of Growth Recently For Ackermans & Van Haaren's (EBR:ACKB) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Narrative Update Jan 24

ACKB: Steady Outlook Will Rely On Stable Margins And Modest Multiple Shift

Ackermans & Van Haaren's analyst price target has been nudged higher, with fair value estimates moving from €254.83 to €263.43 as analysts factor in a slightly higher assumed future P/E and modest tweaks to the discount rate, long term margin, and growth inputs. Valuation Changes Fair Value: updated from €254.83 to €263.43, reflecting a modest uplift in the modelled estimate.
Narrative Update Jan 09

ACKB: Steady Fair Value And Minor Assumption Tweaks Will Shape Outlook

Analysts have kept their fair value estimate for Ackermans & Van Haaren steady at €254.83, indicating only minor adjustments in discount rate, revenue growth, profit margin and future P/E assumptions rather than a change in overall conviction. Valuation Changes Fair Value Estimate: Held steady at €254.83 per share, with no change between the previous and updated assessment.
Analysis Article Jan 07

Ackermans & Van Haaren NV (EBR:ACKB) Shares Could Be 33% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ackermans & Van Haaren fair value estimate is €353 Ackermans...
Narrative Update Dec 14

ACKB: Modest Discount Rate Shift Will Support Future Earnings Strength

Analysts have modestly raised their price target on Ackermans & Van Haaren to €254.83, reflecting slightly lower discount rate assumptions while keeping long term growth and profitability expectations broadly unchanged. Valuation Changes Fair Value: Unchanged at approximately €254.83 per share, indicating no revision to the central valuation outcome.
Analysis Article Dec 05

Ackermans & Van Haaren NV's (EBR:ACKB) Business Is Trailing The Market But Its Shares Aren't

There wouldn't be many who think Ackermans & Van Haaren NV's ( EBR:ACKB ) price-to-earnings (or "P/E") ratio of 13.9x...
Narrative Update Nov 29

ACKB: Future Earnings Strength Will Support Fair Value Estimate

Analysts have modestly adjusted their price target for Ackermans & Van Haaren, maintaining a fair value estimate of €254.83 as incremental shifts in discount rate and forward earnings expectations balance with softer revenue growth projections. Valuation Changes Fair Value Estimate remains unchanged at €254.83 per share.
Narrative Update Nov 15

ACKB: Net Profit Set To Climb At Least 15% In 2025

Analysts have raised their price target for Ackermans & Van Haaren from €253 to approximately €254.83. This change is attributed to a marginal increase in fair value, updated profit margin forecasts, and a slightly higher expected future price-to-earnings ratio.
Narrative Update Nov 01

ACKB: Net Profit Set To Increase At Least 15% In 2025 Guidance

Analysts have reaffirmed their price target for Ackermans & Van Haaren at €253, citing minimal adjustments in their key financial assumptions and market outlook. What's in the News Ackermans & Van Haaren has issued earnings guidance for 2025 and projects a net profit increase of at least 15% (Company Guidance).
Narrative Update Oct 18

Delen Private Bank And DEME Will Forge Future Investment Opportunities

Analysts have reiterated their price target for Ackermans & Van Haaren at €253.00. They cite largely unchanged revenue growth and profit margin forecasts as supporting factors for maintaining their fair value estimate.
Analysis Article Oct 16

Ackermans & Van Haaren (EBR:ACKB) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Narrative Update Oct 04

Delen Private Bank And DEME Will Forge Future Investment Opportunities

Analysts have raised their price target for Ackermans & Van Haaren from €244.67 to €253.00. This change reflects improved expectations for revenue growth and future valuation multiples, even though only minor adjustments were made to profitability forecasts.
Analysis Article Sep 26

These 4 Measures Indicate That Ackermans & Van Haaren (EBR:ACKB) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Aug 30

Delen Private Bank And DEME Will Forge Future Investment Opportunities

The upward revision in Ackermans & Van Haaren’s price target is primarily driven by improved consensus forecasts for both revenue growth and net profit margin, raising the fair value estimate from €234.67 to €244.67. What's in the News Ackermans & Van Haaren expects net profit to increase by at least 15% for 2025.
Analysis Article Aug 05

Ackermans & Van Haaren NV (EBR:ACKB) Investors Are Less Pessimistic Than Expected

With a median price-to-earnings (or "P/E") ratio of close to 15x in Belgium, you could be forgiven for feeling...
Analysis Article Jun 28

The Return Trends At Ackermans & Van Haaren (EBR:ACKB) Look Promising

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Jun 13

Estimating The Intrinsic Value Of Ackermans & Van Haaren NV (EBR:ACKB)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ackermans & Van Haaren fair value estimate is €279 With €225...
Analysis Article May 29

Ackermans & Van Haaren (EBR:ACKB) Is Paying Out A Larger Dividend Than Last Year

Ackermans & Van Haaren NV ( EBR:ACKB ) has announced that it will be increasing its dividend from last year's...
User avatar
New Narrative Apr 06

Delen Private Bank And DEME Will Forge Future Investment Opportunities

Strong growth and collaboration in financial services suggest sustained revenue increases and enhanced banking operations.

Shareholder Returns

ACKBBE ConstructionBE Market
7D-2.7%-3.5%2.0%
1Y19.1%23.3%22.6%

Return vs Industry: ACKB underperformed the Belgian Construction industry which returned 22.5% over the past year.

Return vs Market: ACKB underperformed the Belgian Market which returned 21.1% over the past year.

Price Volatility

Is ACKB's price volatile compared to industry and market?
ACKB volatility
ACKB Average Weekly Movement3.7%
Construction Industry Average Movement5.4%
Market Average Movement4.4%
10% most volatile stocks in BE Market7.1%
10% least volatile stocks in BE Market2.7%

Stable Share Price: ACKB has not had significant price volatility in the past 3 months compared to the Belgian market.

Volatility Over Time: ACKB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187624,931Piet Dejonghewww.avh.be

Ackermans & Van Haaren NV engages in marine engineering and contracting, private banking, real estate, energy and resources, and growth capital businesses worldwide. The Marine Engineering & Contracting segment engages in the marine construction activities, including dredging and civil works on water, as well as offshore activities in the areas of renewable energy, oil and gas, soil and sludge remediation, and aggregate and mineral extraction; real estate development, multitechnics, and construction and renovation activities; and development of port projects and related industrial zones, as well as offshore wind farms. The Private Banking segment offers discretionary asset management services for private clients; and specialized advisory banking services for entrepreneurs and liberal professionals, as well as financing and financial leasing services for cars, equipment, charging stations, and bicycles.

Ackermans & Van Haaren NV Fundamentals Summary

How do Ackermans & Van Haaren's earnings and revenue compare to its market cap?
ACKB fundamental statistics
Market cap€8.95b
Earnings (TTM)€592.55m
Revenue (TTM)€5.96b
15.1x
P/E Ratio
1.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACKB income statement (TTM)
Revenue€5.96b
Cost of Revenue€3.53b
Gross Profit€2.43b
Other Expenses€1.84b
Earnings€592.55m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 28, 2026

Earnings per share (EPS)18.13
Gross Margin40.83%
Net Profit Margin9.94%
Debt/Equity Ratio27.5%

How did ACKB perform over the long term?

See historical performance and comparison

Dividends

1.7%
Current Dividend Yield
25%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 01:16
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ackermans & Van Haaren NV is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Grégoire HermannBerenberg
Mourad LahmidiBNP Paribas
Joren Van AkenDegroof Petercam