VGP Past Earnings Performance

Past criteria checks 1/6

VGP's earnings have been declining at an average annual rate of -18.8%, while the Real Estate industry saw earnings growing at 0.7% annually. Revenues have been growing at an average rate of 38.2% per year. VGP's return on equity is 8.6%, and it has net margins of 99.5%.

Key information

-18.8%

Earnings growth rate

-21.8%

EPS growth rate

Real Estate Industry Growth	12.3%
Revenue growth rate	38.2%
Return on equity	8.6%
Net Margin	99.5%
Next Earnings Update	20 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How VGP makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:VGPB Revenue, expenses and earnings (EUR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	195	194	56
31 Mar 24	171	141	52
31 Dec 23	146	87	49
30 Sep 23	127	-77	42
30 Jun 23	108	-241	34
31 Mar 23	121	-182	34
31 Dec 22	133	-123	34
30 Sep 22	109	238	43
30 Jun 22	85	599	53
31 Mar 22	63	625	52
31 Dec 21	40	650	52
30 Sep 21	38	514	43
30 Jun 21	36	378	34
31 Mar 21	39	374	32
31 Dec 20	42	371	29
30 Sep 20	39	349	27
30 Jun 20	37	328	24
31 Mar 20	32	267	21
31 Dec 19	27	206	18
30 Sep 19	37	163	19
30 Jun 19	46	121	19
31 Mar 19	59	121	19
31 Dec 18	72	121	18
30 Sep 18	60	115	18
30 Jun 18	49	108	18
31 Mar 18	37	102	19
31 Dec 17	25	96	19
30 Sep 17	24	104	20
30 Jun 17	22	111	20
31 Mar 17	23	101	18
31 Dec 16	25	91	15
30 Sep 16	27	94	14
30 Jun 16	30	97	13
31 Mar 16	27	92	13
31 Dec 15	23	87	13
30 Sep 15	28	62	12
30 Jun 15	33	38	10
31 Mar 15	31	44	8
31 Dec 14	30	49	7
30 Sep 14	21	54	6
30 Jun 14	13	59	5
31 Mar 14	12	41	5
31 Dec 13	11	24	5

Quality Earnings: VGPB has a large one-off gain of €80.3M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: VGPB became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VGPB's earnings have declined by 18.8% per year over the past 5 years.

Accelerating Growth: VGPB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VGPB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (7.2%).

Return on Equity

High ROE: VGPB's Return on Equity (8.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 13:58
End of Day Share Price	2024/12/16 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

VGP NV is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sander Bunck	Barclays
Paul May	Barclays
Paul May	Barclays