Van Lanschot Kempen NV
Van Lanschot Kempen NV Fundamental Analysis
Van Lanschot Kempen NV (VLK.AS) shows moderate financial fundamentals with a PE ratio of 15.91, profit margin of 15.64%, and ROE of 12.31%. The company generates $1.0B in annual revenue with moderate year-over-year growth of 7.52%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 56.6/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze VLK.AS's fundamental strength across five key dimensions:
Efficiency Score
WeakVLK.AS struggles to generate sufficient returns from assets.
Valuation Score
ExcellentVLK.AS trades at attractive valuation levels.
Growth Score
ModerateVLK.AS shows steady but slowing expansion.
Financial Health Score
ModerateVLK.AS shows balanced financial health with some risks.
Profitability Score
ModerateVLK.AS maintains healthy but balanced margins.
Key Financial Metrics
Is VLK.AS Expensive or Cheap?
P/E Ratio
VLK.AS trades at 15.91 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, VLK.AS's PEG of 0.91 indicates potential undervaluation.
Price to Book
The market values Van Lanschot Kempen NV at 1.96 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 8.20 times EBITDA. This is generally considered low.
How Well Does VLK.AS Make Money?
Net Profit Margin
For every $100 in sales, Van Lanschot Kempen NV keeps $15.64 as profit after all expenses.
Operating Margin
Core operations generate 21.48 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $12.31 in profit for every $100 of shareholder equity.
ROA
Van Lanschot Kempen NV generates $0.88 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Van Lanschot Kempen NV generates strong operating cash flow of $889.44M, reflecting robust business health.
Free Cash Flow
Van Lanschot Kempen NV generates strong free cash flow of $842.37M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $19.83 in free cash annually.
FCF Yield
VLK.AS converts 33.65% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
15.91
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.91
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.96
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.49
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
2.07
vs 25 benchmark
Current Ratio
Current assets to current liabilities
3.92
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.12
vs 25 benchmark
ROA
Return on assets percentage
0.009
vs 25 benchmark
ROCE
Return on capital employed
0.01
vs 25 benchmark
How VLK.AS Stacks Against Its Sector Peers
| Metric | VLK.AS Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 15.91 | 18.59 | Better (Cheaper) |
| ROE | 12.31% | 801.00% | Weak |
| Net Margin | 15.64% | -498.00% (disorted) | Strong |
| Debt/Equity | 2.07 | 0.98 | Weak (High Leverage) |
| Current Ratio | 3.92 | 661.40 | Strong Liquidity |
| ROA | 0.88% | -21324.00% (disorted) | Weak |
VLK.AS outperforms its industry in 3 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Van Lanschot Kempen NV's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
43.39%
Industry Style: Value, Dividend, Cyclical
High GrowthEPS CAGR
39.84%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
-86.25%
Industry Style: Value, Dividend, Cyclical
Declining