Wereldhave N.V.

Wereldhave N.V.

19.79
USD
-5.96
(-23.15%)
1.18BMarket Cap
Feb 11Next Earn
Wereldhave N.V.
OTC:WRDEF
(OTC Markets)

Recent

price

19.79

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
9.45
7.01
5.75
5.22
5.83
6.49
6.66
5.66
5.89
5.98
5.48
4.74
4.06
4.57
4.4
4.72
- -
Revenue per Share
3.87
2.07
-3.95
1.58
0.59
2.35
2.5
1.68
-1.69
-8.17
-4.65
-5.63
1.43
1.97
2.65
1.6
- -
Basic EPS, GAAP
-13.27
4.87
2.75
1.4
4.33
3.55
3.46
3.44
3.76
2.84
2.42
1.99
1.66
2.02
2.11
2.28
- -
Free Cash Flow per Basic Share
3.84
3.67
4.35
3.19
3.15
4.5
3.31
3.35
2.92
2.67
0.85
0.69
1.35
1.47
1.2
1.26
- -
Dividend per Share
65.37
63.82
55.34
54.16
52.07
50.05
49.16
47.92
43.35
32.78
27.97
21.6
22.12
22.09
23.43
23.58
23.13
Book Value per Share
65.11
63.55
55.18
54.01
52.02
50.01
49.12
47.89
43.33
32.77
27.97
21.59
22.11
22.09
23.42
23.57
23.13
Tangible Book Value per Share
25
25
25
25
25
38
40
40
40
40
40
40
40
40
44
46
50
Basic Weighted Avg Shares
232
174
143
130
148
245
268
228
237
241
220
191
163
184
192
216
- -
Sales/Revenue/Turnover
57.63
66.01
62.14
66.26
64.76
68.85
68.58
66.5
63.03
64.09
53.92
55.45
60.12
58.52
64.67
64.93
- -
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
1
1
2
2
2
3
1
1
1
- -
Depreciation Expense
95
51
-98
39
15
89
101
68
-68
-329
-187
-226
57
79
116
73
- -
Net Income, GAAP
6.1
- -
- -
- -
6.14
2.3
0.56
0.59
2.35
- -
- -
- -
0.18
0.31
- -
15.6
- -
Effective Tax Rate (%)
40.97
29.48
-68.75
30.21
10.15
36.25
37.53
29.74
-28.69
-136.48
-84.81
-118.6
35.2
43.13
60.3
33.98
- -
Profit Margin (%)
-287
-107
451
64
-181
-216
-40
-51
-258
-169
-233
-152
-161
-145
-161
-49
-147
Working Capital
877
1,224
1,214
673
1,078
1,279
1,521
1,502
1,019
1,188
991
691
735
816
830
1,036
974
LT Debt
1,728
1,712
1,526
1,500
1,976
2,188
2,161
2,117
1,976
1,550
1,335
1,096
1,123
1,199
1,264
1,342
1,322
Total Equity
4.76
- -
- -
- -
2.17
4.53
3.92
2.5
1.44
- -
- -
- -
4.36
5.98
- -
5.05
- -
Return on Invested Capital (%)
4.93
- -
- -
- -
0.68
3.07
3.01
2.19
-1.37
- -
- -
- -
3.16
4.83
- -
4
- -
Return on Capital (%)
5.98
3.2
-6.63
2.89
0.95
4.62
5.04
3.46
-3.7
-21.46
-15.3
-22.73
6.54
8.59
11.66
6.95
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
106
- -
114
LT Borrowings
1,016
- -
974
LT Finance Leases
20
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
46
46
46
Market Capitalization
897
898
1,029

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
164
- -
77
Cash, Cash Equivalents & STI
106
- -
11
Accounts Receivable, Net
17
- -
62
Inventories
- -
- -
- -
Total Current Liabilities
213
- -
223
Payables & Accruals
- -
- -
- -
ST Debt
106
- -
114
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.24%
0.6%
6.16%
Free Cash Flow
-1.21%
2.87%
13.33%
Net Income, GAAP
6.41%
-11.28%
-36.69%
Sales/Revenue/Turnover
-0.65%
0.34%
12.36%
Total Cash Common Dividend
-2.64%
16.73%
10.13%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
192
2025
- -
- -
- -
- -
216
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.65
2025
- -
- -
- -
- -
1.6
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.2
2025
- -
- -
- -
- -
1.26
2026
- -
- -
- -
- -
- -
Business
Wereldhave N.V. is a Netherlands-based real estate investment company that owns and operates full service centers providing groceries, shopping, leisure, relaxation, sports, health, work and community spaces supported by smart concepts and digital services. The company, founded in 1930 and headquartered at Nieuwe Passeerdersstraat 1 in Amsterdam, focuses on dominant shopping centers and retail properties in metropolitan areas close to urban populations of at least 100,000 within a ten-minute drive; its portfolio includes 21 centers covering approximately 633,000 square meters primarily in the Netherlands (48%), Belgium (44%) and France, with minor office assets; Wereldhave principally leases investment properties under operating leases and manages them through group companies including Wereldhave Belgium (69%-owned). Core offerings encompass Full Service Centers as one-stop destinations for daily needs, with emphasis on sustainable investments enhancing community life and tenant business; the portfolio features commercial premises (95%) like mixed-use shopping centers with tenants such as Rituals and Sports Direct, alongside limited office space. Recent developments include the November 2025 agreement to acquire Ville2 shopping center in Charleroi, Belgium for €120 million through Wereldhave Belgium, reflecting a net initial yield of 8.0% and expected closure in December 2025 as part of the LifeCentral strategy growth phase; additional 2025 transactions encompass acquisitions of Knauf Shopping Schmiede and Knauf Shopping Luxembourg totaling around 74,000 square meters, a smaller acquisition in Tilburg, a joint venture with Sofidy (Tikehau Group) for Stadshart Zoetermeer, and disposals of De Roselaar (Roosendaal, €40 million), Winkelhof (Leiderdorp, €56 million), Sterrenburg (Dordrecht, anticipated) and two smaller Belgian projects (€12 million), collectively boosting direct result per share by nearly 3% from 2026 and reducing net loan-to-value by 110 basis points; the company also secured €86 million in US private placement funding at 2.9% all-in cost for 10 years.

Company News

  • Wereldhave N.V. (WRDEF) Q2 2026 Earnings Call Transcript

  • Wereldhave N.V. (WRDEF) Q4 2025 Earnings Call Transcript

  • Wereldhave N.V. (WRDEF) Q2 2025 Earnings Call Transcript

  • Nextensa secures proceeds Wereldhave N.V. deal

  • Wereldhave N.V. (WRDEF) Q4 2024 Earnings Call Transcript

  • Wereldhave: A Well-Covered 8.3% Yield With Dutch Commercial Real Estate

  • Wereldhave N.V. (WRDEF) Q2 2024 Earnings Call Transcript

  • Wereldhave N.V. (WRDEF) Full Year 2023 Earnings Call Transcript

  • Wereldhave Relative To 5 European REITs As Rates Peak

  • Wereldhave N.V (WRDEF) Q1 2023 Earnings Call Transcript

  • 6 European REITs To Consider

  • Wereldhave N.V. (WRDEF) Full Year 2022 Earnings Call Transcript

  • Wereldhave: 4-6% 2023 Direct Result Growth To Offset Potential 2024 Tax Headwinds

  • Wereldhave: Deutsche EuroShop Takeover Points To Further Upside

  • Wereldhave N.V. (WRDEF) CEO Matthijs Storm on H1 2022 Results - Earnings Call Transcript

  • Wereldhave: Residential Gains To Drive Returns As Rising Rates Offset Rent Indexation

  • Wereldhave: An 11.5% Unlevered Return Opportunity For 2023-2026

  • Wereldhave N.V. (WRDEF) CEO Matthijs Storm on Q4 2021 Results - Earnings Call Transcript

  • Wereldhave: Green Light For A 7% Yield Next Year

  • Wereldhave - The Most Shorted Dutch Stock Has Upside Potential