Ascencio is based in Gosselies, Belgium.
6 star dividend payer and fair value.
Share Price & News
How has Ascencio's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ASC underperformed the Belgian REITs industry which returned 0.7% over the past year.
Return vs Market: ASC exceeded the Belgian Market which returned -25.5% over the past year.
Price Volatility Vs. Market
How volatile is Ascencio's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StAscencio's (EBR:ASC) Shareholders Are Down 24% On Their Shares
1 month ago | Simply Wall StShould You Worry About Ascencio SCA's (EBR:ASC) CEO Pay?
5 months ago | Simply Wall StIntroducing Ascencio (EBR:ASC), The Stock That Dropped 12% In The Last Five Years
Is Ascencio undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASC (€44.1) is trading below our estimate of fair value (€70.66)
Significantly Below Fair Value: ASC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASC is poor value based on its PE Ratio (19.3x) compared to the BE REITs industry average (15.8x).
PE vs Market: ASC is poor value based on its PE Ratio (19.3x) compared to the Belgian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASC is good value based on its PB Ratio (0.8x) compared to the BE REITs industry average (1x).
How is Ascencio forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ASC's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if ASC's earnings are forecast to grow faster than the Belgian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASC's revenue is expected to decline over the next 3 years (-6.1% per year).
High Growth Revenue: ASC's revenue is forecast to decline over the next 3 years (-6.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASC's Return on Equity is forecast to be low in 3 years time (7.5%).
How has Ascencio performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASC has a large one-off loss of €13.4M impacting its March 31 2020 financial results.
Growing Profit Margin: ASC's current net profit margins (30.8%) are lower than last year (58.4%).
Past Earnings Growth Analysis
Earnings Trend: ASC's earnings have declined by 3.3% per year over the past 5 years.
Accelerating Growth: ASC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASC had negative earnings growth (-45.9%) over the past year, making it difficult to compare to the REITs industry average (6.7%).
Return on Equity
High ROE: ASC's Return on Equity (4.4%) is considered low.
How is Ascencio's financial position?
Financial Position Analysis
Short Term Liabilities: ASC's short term assets (€12.9M) do not cover its short term liabilities (€45.0M).
Long Term Liabilities: ASC's short term assets (€12.9M) do not cover its long term liabilities (€329.5M).
Debt to Equity History and Analysis
Debt Level: ASC's debt to equity ratio (101.7%) is considered high.
Reducing Debt: ASC's debt to equity ratio has increased from 85.3% to 101.7% over the past 5 years.
Debt Coverage: ASC's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: ASC's interest payments on its debt are well covered by EBIT (7.7x coverage).
What is Ascencio current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASC's dividend (7.94%) is higher than the bottom 25% of dividend payers in the Belgian market (2.56%).
High Dividend: ASC's dividend (7.94%) is in the top 25% of dividend payers in the Belgian market (5.61%)
Stability and Growth of Payments
Stable Dividend: ASC's dividends per share have been stable in the past 10 years.
Growing Dividend: ASC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.3%), ASC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASC's dividends in 3 years are forecast to be covered by earnings (84.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Vincent H. Querton has been Chief Executive Officer and Director of Ascencio SCA since November 03, 2017. Mr. Querton serves as Managing Director and International Director of Jones Lang Lasalle Gmbh ( ...
|CEO & Director||2.75yrs||€88.00k||no data|
|Non-Executive Chairman||9.17yrs||€25.50k||no data|
|Vice Chairman of the Board||no data||€13.50k||no data|
|Independent Non-Executive Director||11.08yrs||€21.00k||no data|
|Non-Executive Director||2.42yrs||€16.50k||no data|
|Independent Non-Executive Director||3.08yrs||€24.00k||no data|
|Independent Non-Executive Director||5.58yrs||€25.50k||no data|
|Independent Non-Executive Director||2.42yrs||€22.50k||no data|
|Independent Non-Executive Director||2.42yrs||€13.50k||no data|
|Non-Executive Director||1.67yrs||€15.50k||no data|
Experienced Board: ASC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ascencio SCA's company bio, employee growth, exchange listings and data sources
- Name: Ascencio SCA
- Ticker: ASC
- Exchange: ENXTBR
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: €290.883m
- Shares outstanding: 6.60m
- Website: https://www.ascencio.be
Number of Employees
- Ascencio SCA
- Avenue Jean Mermoz 1
- Bâtiment H Boîte 4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASC||ENXTBR (Euronext Brussels)||Yes||Ordinary Shares||BE||EUR||Feb 2007|
|0P2J||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Feb 2007|
|ASCB||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Feb 2007|
Ascencio is based in Gosselies, Belgium.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/03 22:57|
|End of Day Share Price||2020/08/03 00:00|
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.