ASCEB Stock Overview

A company incorporated under Belgian law, specializing in investment in commercial real estate, and more particularly, supermarkets and retail parks. More details

ASCEB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	6/6

Rewards

Trading at 49.7% below our estimate of its fair value

Pays a high and reliable dividend of 9.69%

Risk Analysis

Earnings are forecast to decline by an average of 13.4% per year for the next 3 years

Debt is not well covered by operating cash flow

Shares are highly illiquid

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Ascencio SA Competitors

NewRiver REIT

LSE:NRR

UK£340.5m

Shaftesbury Capital

LSE:SHC

UK£2.3b

Schroder Real Estate Investment Trust

LSE:SREI

UK£237.2m

Triple Point Social Housing REIT

LSE:SOHO

UK£227.8m

Price History & Performance

Summary of share price highs, lows and changes for Ascencio
Historical stock prices
Current Share Price	€44.10
52 Week High	€48.30
52 Week Low	€44.10
Beta	0.56
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-12.50%

Recent updates

Shareholder Returns

	ASCEB	GB Retail REITs	GB Market
7D	0%	-2.7%	-2.2%
1Y	n/a	-10.1%	2.4%

Return vs Industry: Insufficient data to determine how ASCEB performed against the UK Retail REITs industry.

Return vs Market: Insufficient data to determine how ASCEB performed against the UK Market.

Price Volatility

Is ASCEB's price volatile compared to industry and market?
ASCEB volatility
ASCEB Average Weekly Movement	n/a
Retail REITs Industry Average Movement	2.3%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: ASCEB has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine ASCEB's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	21	Vincent Querton	www.ascencio.be

Ascencio SA is a company incorporated under Belgian law, specialising in commercial property investments, and more specifically, supermarkets and retail parks. The Company is present in Belgium, France and Spain, respectively under the status of SIR, SIIC and SOCIMI. With its multidisciplinary team, it manages its assets and its relations with its tenant-retailers in a responsible manner, particularly with regard to sustainability.

Ascencio SA Fundamentals Summary

How do Ascencio's earnings and revenue compare to its market cap?
ASCEB fundamental statistics
Market cap	€268.79m
Earnings (TTM)	€52.19m
Revenue (TTM)	€58.51m

5.2x

P/E Ratio

4.6x

P/S Ratio

Is ASCEB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASCEB income statement (TTM)
Revenue	€58.51m
Cost of Revenue	€11.90m
Gross Profit	€46.61m
Other Expenses	-€5.58m
Earnings	€52.19m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Nov 23, 2023

Earnings per share (EPS)	7.91
Gross Margin	79.66%
Net Profit Margin	89.20%
Debt/Equity Ratio	74.1%

How did ASCEB perform over the long term?

See historical performance and comparison

Dividends

9.7%

Current Dividend Yield

66%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/10/09 04:56
End of Day Share Price	2023/07/12 00:00
Earnings	2023/06/30
Annual Earnings	2022/09/30

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

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 .

Analyst Sources

Ascencio SA is covered by 7 analysts. 1 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
Vincent Koppmair	Degroof Petercam
Vivien Maquet	Degroof Petercam
Jaap Kuin	ING Groep NV