Wereldhave (WHA) Stock Overview
Wereldhave N.V. contributes to a better everyday life for visitors and better business for tenants. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
WHA Community Fair Values
Create NarrativeSee what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Wereldhave N.V. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €20.10 |
| 52 Week High | €23.30 |
| 52 Week Low | €16.90 |
| Beta | 0.92 |
| 1 Month Change | -9.05% |
| 3 Month Change | -4.74% |
| 1 Year Change | 14.73% |
| 3 Year Change | 40.76% |
| 5 Year Change | 28.19% |
| Change since IPO | -60.29% |
Recent News & Updates
Narrative Update • May 20
WHA: Property Acquisition And CFO Transition Will Support A Balanced Outlook
Analysts have kept their price target for Wereldhave steady at €22.50, citing largely unchanged fair value, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E estimates. What's in the News Designated CFO Marcel Eggenkamp will step down after both parties concluded that the role and expectations were not aligned for the longer term, with the departure to be handled in an orderly way (Key Developments).Narrative Update • May 05
WHA: Property Acquisition And Dividend Outlook Will Support A Balanced View
Analysts have raised their price target for Wereldhave from €21.62 to €22.50, reflecting updated assumptions on the discount rate, long-term revenue trends, profit margin, and future P/E multiples. What's in the News Agreement to acquire a 3,340 m² retail unit in shopping center Overvecht in Utrecht, currently let to HEMA, adding to Wereldhave’s existing circa 2,900 m² position in the asset (Key Developments).Recent updates
Narrative Update • May 20
WHA: Property Acquisition And CFO Transition Will Support A Balanced Outlook
Analysts have kept their price target for Wereldhave steady at €22.50, citing largely unchanged fair value, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E estimates. What's in the News Designated CFO Marcel Eggenkamp will step down after both parties concluded that the role and expectations were not aligned for the longer term, with the departure to be handled in an orderly way (Key Developments).Narrative Update • May 05
WHA: Property Acquisition And Dividend Outlook Will Support A Balanced View
Analysts have raised their price target for Wereldhave from €21.62 to €22.50, reflecting updated assumptions on the discount rate, long-term revenue trends, profit margin, and future P/E multiples. What's in the News Agreement to acquire a 3,340 m² retail unit in shopping center Overvecht in Utrecht, currently let to HEMA, adding to Wereldhave’s existing circa 2,900 m² position in the asset (Key Developments).Narrative Update • Apr 21
WHA: Dividend Proposal And 2026 Guidance Will Support A Balanced Outlook
Analysts now place their fair value estimate for Wereldhave at €21.62, compared with the previous €20.52. They link the change to updated assumptions on the discount rate, revenue trends, profit margin and future P/E.Narrative Update • Apr 05
WHA: Dividend Increase And 2026 Earnings Guidance Will Support A Steady Outlook
Narrative update on Wereldhave The analyst price target for Wereldhave remains at €20.52, with analysts keeping their view broadly unchanged as slight adjustments to the discount rate, revenue trend and expected profit margin feed into a similar forward P/E assumption. What's in the News Wereldhave N.V. proposed a dividend for 2025 of €1.30 per share, which is described as a 4% increase compared with the previous level (Key Developments).Narrative Update • Mar 21
WHA: Guidance And Dividend Policy Will Frame A Steady Fair Value Outlook
Analysts have nudged their price target for Wereldhave from €19.90 to €20.52. This reflects updated assumptions around the discount rate, revenue contraction, profit margin and future P/E, which together point to a slightly adjusted view of fair value.Narrative Update • Mar 06
WHA: Updated Guidance And Dividend Will Shape Fairly Valued Outlook
Analysts have raised their price target for Wereldhave to €19.90 from €19.40, citing updated assumptions on discount rates, revenue trends, profit margins and future P/E levels. What's in the News Wereldhave issued new guidance for the full year 2026, with an outlook for direct result per share in a range of €1.85 to €1.95 (company guidance).Narrative Update • Feb 16
WHA: Weaker Revenue And Margin Outlook Will Pressure Future Returns
Analysts have kept their price target for Wereldhave steady at €19.40. The unchanged fair value reflects a balance between more cautious assumptions on revenue growth and margins, and a higher projected future P/E multiple.Narrative Update • Feb 02
WHA: Future Outlook Will Balance Mild Revenue Drift And Stable High Margins
Analysts have kept their fair value estimate for Wereldhave steady at €19.40 per share, citing only marginal tweaks to inputs such as the discount rate and forward P/E assumptions that were not meaningful enough to shift the overall price target. Valuation Changes Fair Value Estimate: Kept unchanged at €19.40 per share.Narrative Update • Jan 19
WHA: Stable Outlook Will Balance Mild Revenue Pressure And Resilient Margins
Analysts have lifted their price target for Wereldhave from €18.67 to €19.40, citing slightly lower discount rate assumptions, a smaller projected revenue decline, a modestly higher profit margin, and a marginally higher expected future P/E multiple. Valuation Changes Fair value estimate was raised slightly from €18.67 to €19.40 per share.Narrative Update • Jan 05
WHA: Stable Fair Value Will Reflect Modest Revenue Pressure And Steady Margins
Analysts have kept their fair value estimate for Wereldhave steady at €18.67 per share, with only marginal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated modelling rather than a change in core view. Valuation Changes Fair Value Estimate: unchanged at €18.67 per share, indicating no shift in the central valuation outcome.Narrative Update • Dec 16
WHA: Digital Advertising Rollout Will Support Earnings While Risks Edge Higher
Analysts have modestly revised their price target on Wereldhave to €18.67 per share. This reflects slightly higher perceived risk from an increased discount rate, while expectations for revenue growth, margins, and valuation multiples remain broadly unchanged.Narrative Update • Dec 01
WHA: New Digital Advertising Initiative And Leadership Change Will Shape Outlook
Analysts have raised their price target for Wereldhave from €17.33 to €18.67, citing improved profit margins and a more optimistic outlook on revenue growth. What's in the News Wereldhave has partnered with Ocean Outdoor Netherlands to install and operate over 150 new digital advertising screens across 11 shopping and Full Service Centers in the Netherlands.
New Narrative • Mar 10
Rising Dutch Taxes And Higher Interest Expenses Will Weaken Future Profits
Upcoming tax changes, asset disposals, and interest expenses are expected to negatively affect earnings, margins, and profitability.Analysis Article • Feb 20
Analysts' Revenue Estimates For Wereldhave N.V. (AMS:WHA) Are Surging Higher
Celebrations may be in order for Wereldhave N.V. ( AMS:WHA ) shareholders, with the analysts delivering a significant...Analysis Article • Dec 22
If You Had Bought Wereldhave's (AMS:WHA) Shares Five Years Ago You Would Be Down 79%
Wereldhave N.V. ( AMS:WHA ) shareholders will doubtless be very grateful to see the share price up 45% in the last...Shareholder Returns
| WHA | NL Retail REITs | NL Market | |
|---|---|---|---|
| 7D | -3.8% | -1.8% | 1.0% |
| 1Y | 14.7% | 9.6% | 30.5% |
Return vs Industry: WHA exceeded the Dutch Retail REITs industry which returned 9.9% over the past year.
Return vs Market: WHA underperformed the Dutch Market which returned 33.1% over the past year.
Price Volatility
| WHA volatility | |
|---|---|
| WHA Average Weekly Movement | 3.6% |
| Retail REITs Industry Average Movement | 3.0% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in NL Market | 7.6% |
| 10% least volatile stocks in NL Market | 2.5% |
Stable Share Price: WHA has not had significant price volatility in the past 3 months compared to the Dutch market.
Volatility Over Time: WHA's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 122 | Matthijs Storm | www.wereldhave.com |
Wereldhave N.V. contributes to a better everyday life for visitors and better business for tenants. A one-stop location for groceries, shopping, leisure, relaxation, sports, health, work and other daily needs – all supported by smart concepts and digital services. By investing sustainably to meet the needs of customers and local areas, we enrich communities, while caring for the environment, and have a positive effect on the way people live, work and shop.
Wereldhave N.V. Fundamentals Summary
| WHA fundamental statistics | |
|---|---|
| Market cap | €936.98m |
| Earnings (TTM) | €73.34m |
| Revenue (TTM) | €217.13m |
12.8x
P/E Ratio4.3x
P/S RatioIs WHA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WHA income statement (TTM) | |
|---|---|
| Revenue | €217.13m |
| Cost of Revenue | €55.25m |
| Gross Profit | €161.87m |
| Other Expenses | €88.53m |
| Earnings | €73.34m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jul 21, 2026
| Earnings per share (EPS) | 1.57 |
| Gross Margin | 74.55% |
| Net Profit Margin | 33.78% |
| Debt/Equity Ratio | 85.4% |
How did WHA perform over the long term?
See historical performance and comparisonDividends
6.5%
Current Dividend Yield43%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/05 14:25 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Wereldhave N.V. is covered by 11 analysts. 4 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 |
|---|---|
| Samuel James Hugh Warwood | BofA Global Research |
| Amal Aboulkhouatem | Degroof Petercam |
| Jonathan Kownator | Goldman Sachs |