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Market Cap

€338.1m

Last Updated

2021/04/19 17:32 UTC

Data Sources

Company Financials

Executive Summary

Van de Velde NV, together with its subsidiaries, designs, develops, manufactures, and markets fashionable luxury lingerie for women worldwide. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Van de Velde's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VAN is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

0.8%

VAN

5.0%

BE Luxury

0.07%

BE Market


1 Year Return

19.4%

VAN

55.9%

BE Luxury

27.1%

BE Market

Return vs Industry: VAN underperformed the Belgian Luxury industry which returned 55.9% over the past year.

Return vs Market: VAN underperformed the Belgian Market which returned 27.1% over the past year.


Shareholder returns

VANIndustryMarket
7 Day0.8%5.0%0.07%
30 Day-7.0%9.5%2.2%
90 Day10.5%18.4%5.6%
1 Year23.5%19.4%57.4%55.9%29.2%27.1%
3 Year-20.3%-26.4%68.8%59.6%15.0%8.4%
5 Year-51.8%-58.6%188.9%163.7%24.5%13.1%

Long-Term Price Volatility Vs. Market

How volatile is Van de Velde's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Van de Velde undervalued compared to its fair value and its price relative to the market?

10.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VAN (€25.2) is trading below our estimate of fair value (€28.27)

Significantly Below Fair Value: VAN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: VAN is good value based on its PE Ratio (22.8x) compared to the XE Luxury industry average (31.2x).

PE vs Market: VAN is poor value based on its PE Ratio (22.8x) compared to the Belgian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VAN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VAN is overvalued based on its PB Ratio (2.4x) compared to the XE Luxury industry average (1.5x).


Future Growth

How is Van de Velde forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.4%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Van de Velde has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Van de Velde performed over the past 5 years?

-19.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VAN has high quality earnings.

Growing Profit Margin: VAN's current net profit margins (9.7%) are lower than last year (10.8%).


Past Earnings Growth Analysis

Earnings Trend: VAN's earnings have declined by 19.8% per year over the past 5 years.

Accelerating Growth: VAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VAN had negative earnings growth (-30.5%) over the past year, making it difficult to compare to the Luxury industry average (-34.2%).


Return on Equity

High ROE: VAN's Return on Equity (10.3%) is considered low.


Financial Health

How is Van de Velde's financial position?


Financial Position Analysis

Short Term Liabilities: VAN's short term assets (€105.1M) exceed its short term liabilities (€24.3M).

Long Term Liabilities: VAN's short term assets (€105.1M) exceed its long term liabilities (€16.4M).


Debt to Equity History and Analysis

Debt Level: VAN is debt free.

Reducing Debt: VAN has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.

Debt Coverage: VAN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VAN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Van de Velde current dividend yield, its reliability and sustainability?

7.96%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 19 2021Ex Dividend DateMay 04 2021Dividend Pay DateMay 06 20212 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: VAN's dividend (7.96%) is higher than the bottom 25% of dividend payers in the Belgian market (1.82%).

High Dividend: VAN's dividend (7.96%) is in the top 25% of dividend payers in the Belgian market (4.68%)


Stability and Growth of Payments

Stable Dividend: VAN's dividend payments have been volatile in the past 10 years.

Growing Dividend: VAN's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (181.1%), VAN's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Marleen Vaesen (61 yo)

2.33yrs

Tenure

Ms. Marleen Vaesen serves as the Chief Executive Officer and Managing Director of Van de Velde NV since December 2018. She serves as the Chief Executive Officer of De Weide Blik N.V. Ms. Vaesen was Chief E...


Leadership Team

Experienced Management: VAN's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: VAN's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Van de Velde NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Van de Velde NV
  • Ticker: VAN
  • Exchange: ENXTBR
  • Founded: 1919
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: €338.112m
  • Shares outstanding: 13.31m
  • Website: https://www.vandevelde.eu

Number of Employees


Location

  • Van de Velde NV
  • Lageweg 4
  • Schellebelle
  • East Flanders
  • 9260
  • Belgium

Listings


Biography

Van de Velde NV, together with its subsidiaries, designs, develops, manufactures, and markets fashionable luxury lingerie for women worldwide. It operates through two segments, Wholesale and Retail. The co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 17:32
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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 here.