Free Cash Flow StrengthSustained FCF growth (13.24% in 2024) and an operating cash flow to net income ratio of 0.80 demonstrate durable cash conversion. This supports internal funding for maintenance, distributions and selective development without heavy reliance on external financing over the medium term.

High Operating MarginsVery high gross and operating margins (gross 72.06%, EBIT 92.10%, EBITDA 90.65%, net 60.30%) indicate structural operating efficiency in property management and low variable costs, supporting long-term cash generation and resilience to revenue fluctuations.

Top-line Growth TrendConsistent revenue expansion (RevenueGrowth ~7.34% and a reported 4.33% YoY increase) suggests steady demand for its shopping centers. Persistent top-line growth underpins rental reversion potential and occupancy stability, supporting predictable rental income over the medium term.

Bears Say

Retail Sector ConcentrationConcentration in shopping centers makes earnings and cash flow highly dependent on retail sector health, tenant occupancy and local consumer trends. Structural shifts like e-commerce penetration or local economic downturns can materially affect rental income over several quarters.

Moderate LeverageA debt-to-equity near 0.93 and equity ratio ~43% reflect moderate leverage. While manageable, this reduces financial headroom for large redevelopment or acquisitions and increases sensitivity to rising interest rates, constraining flexibility during adverse market conditions.

Declining EPSNegative EPS growth (-14.14%) despite revenue and cash flow gains points to pressure on per-share profitability. If persistent, this can challenge dividend sustainability and signal dilution, higher financing costs, or margin pressures that management must address to preserve shareholder returns.

Wereldhave NV News

Wereldhave Publishes 2024 Annual Reports and AGM Agenda

Wereldhave NV ( ($NL:WHA) ) has issued an update. Wereldhave N.V. has released its 2024 Integrated Annual Report,...

10M ago

Wereldhave NV (0NMR) Announces Q2 Dividend: Save the Dates!

Wereldhave NV (LSE: 0NMR) has declared, under its dividend policy, a yearly cash dividend in the amount of...

12M ago

Wereldhave Expands Luxembourg Portfolio with Strategic Acquisitions

Wereldhave NV ( ($GB:0NMR) ) has shared an announcement. Wereldhave and Wereldhave Belgium have acquired two shopping centers...

12M ago

Wereldhave NV Confident Amid Blokker’s Financial Woes

Wereldhave NV (GB:0NMR) has released an update. Wereldhave NV reports that its exposure to Blokker, which requested a...

1y ago

Wereldhave Excels in ESG, Secures Top Ratings

Wereldhave NV (GB:0NMR) has released an update. Wereldhave NV, a leader in environmental, social, and governance (ESG) performance,...

1y ago

Wereldhave NV (0NMR) Declares Q2 Dividend: Important Details for Shareholders

Wereldhave NV (LSE: 0NMR) has declared, under its dividend policy, a yearly cash dividend in the amount of...

2y ago

WHA FAQ

What was Wereldhave NV’s price range in the past 12 months?

Wereldhave NV lowest stock price was €14.50 and its highest was €21.55 in the past 12 months.

What is Wereldhave NV’s market cap?

Wereldhave NV’s market cap is €982.82M.

When is Wereldhave NV’s upcoming earnings report date?

Wereldhave NV’s upcoming earnings report date is Feb 10, 2026 which is in 5 days.

How were Wereldhave NV’s earnings last quarter?

Wereldhave NV released its earnings results on Jul 22, 2025. The company reported €0.91 earnings per share for the quarter, beating the consensus estimate of €0.77 by €0.14.

Is Wereldhave NV overvalued?

According to Wall Street analysts Wereldhave NV’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Wereldhave NV pay dividends?

Wereldhave NV pays a Annually dividend of €1.25 which represents an annual dividend yield of 6.53%. See more information on Wereldhave NV dividends here

What is Wereldhave NV’s EPS estimate?

Wereldhave NV’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Wereldhave NV have?

Wereldhave NV has 46,396,667 shares outstanding.

What happened to Wereldhave NV’s price movement after its last earnings report?

Wereldhave NV reported an EPS of €0.91 in its last earnings report, beating expectations of €0.77. Following the earnings report the stock price went up 2.144%.

Which hedge fund is a major shareholder of Wereldhave NV?

Currently, no hedge funds are holding shares in NL:WHA

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Wereldhave NV

Wereldhave NV (WHA) is a Dutch real estate investment company that focuses primarily on shopping centers and retail properties in Europe. The company operates in the retail real estate sector, aiming to create value through the active management and development of its portfolio. Wereldhave's core services include property management, leasing, and development of retail spaces, catering to both tenants and consumers by providing well-located shopping destinations.