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Whitestone Group

Whitestone Group

ROCK.BR
Whitestone GroupBE flagEuronext Brussels
17.50
EUR
+0.30
- -
119.48MMarket Cap
Whitestone Group
ROCK.BR
(Euronext Brussels)

Recent

price

17.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2021
2022
2023
FRC
- -
1,255
1,094.52
1,089.45
972.54
878.15
696.45
212.82
47.25
3.44
- -
- -
36.76
102.82
- -
Revenue per Share
- -
-18.62
25
25
1.9
-16
-38
-122
31.96
-56.19
-2.77
2.19
-0.53
-0.48
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
58.17
136.42
109.14
109.45
91.07
55.13
-67.14
-10.92
-67.11
-0.44
1.75
2.95
3.47
- -
Book Value per Share
- -
278.86
287.79
283.44
274.1
252.64
216.5
63.7
131.13
77.4
4.63
6.82
2.31
3.74
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
2
- -
Basic Weighted Avg Shares
43
38
31
33
30
27
21
6
1
- -
- -
- -
84
234
211
Sales/Revenue/Turnover
-0.55
-2.54
0.86
2.59
2.47
-2.07
-13.53
28.34
67.33
-756.22
- -
- -
-0.93
0.07
0.44
Operating Margin (%)
3
3
2
2
- -
2
2
- -
- -
- -
- -
- -
- -
1
1
Depreciation Expense
1
-1
1
1
- -
- -
-1
-4
1
-2
- -
- -
-1
-1
-1
Net Income, GAAP
26.3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
32.96
- -
- -
119.17
Effective Tax Rate (%)
1.49
-1.48
2.28
2.29
0.2
-1.82
-5.46
-57.33
67.65
-1,632.56
- -
- -
-1.44
-0.46
-0.38
Profit Margin (%)
-1
2
1
-1
-1
-2
-1
-1
1
3
- -
- -
6
6
5
Working Capital
14
12
5
4
3
2
2
1
- -
- -
- -
- -
- -
- -
- -
LT Debt
9
8
8
9
8
8
7
2
4
2
- -
- -
12
15
14
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
36.94
- -
- -
-1.17
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
336.33
- -
- -
-17.09
Return on Capital (%)
- -
-27.6
25.28
21
1.75
-15.95
-51.26
- -
- -
- -
- -
- -
-35.74
-14.86
-10.21
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
568.95%
1,144.3%
-2.66%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-323.51%
-449.27%
-25.76%
Sales/Revenue/Turnover
- -
- -
-9.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
234
2023
- -
- -
- -
- -
211
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
-0.48
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
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Business
Whitestone Group SA operates as a diversified investment holding company focusing on four main sectors: Financial Services, Industrial, Technology, and Environmental. Its core activities encompass investment and management of subsidiaries engaged in physical gold and metals trading and storage via Gold & Forex International (GFI); precision machining and assembly services through Treestone and TKM Industries; ophthalmic lens metrology via Lambda-X Ophtalmics; and participations in technology and environmental companies such as Probiotic Group and Emulco Group. The company also undertakes investments in various innovation and impact-driven enterprises and offers services including asset protection and industrial technology solutions. Founded in 2010 and headquartered in Brussels, Belgium, Whitestone Group conducts operations primarily across Belgium and other European countries. Recent major developments include the acquisition of TKM Industries, a Liège-based metal machining and assembly company, through a €5.4 million capital increase, significantly expanding Treestone's footprint in the Belgian and European markets. The group also acquired a majority stake (69%) in Lambda-X Ophtalmics, enhancing its presence in global lens metrology. Additional strategic investments include minority stakes in Battri, a battery technology firm, and Probiotic Group, alongside the takeover of companies such as Evadix and ATIMA which strengthen the group's industrial and technological capabilities. These moves reflect Whitestone’s strategic expansion aimed at scaling its industrial portfolio and reinforcing its leadership in high-value manufacturing and technology sectors.