VGP NV
XBRU:VGP

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VGP NV
XBRU:VGP
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Price: 87.3 EUR 0.23% Market Closed
Market Cap: €2.4B

P/FCFE

8
Current
208%
More Expensive
vs 3-y average of 2.6

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
8
=
Market Cap
€2.5B
/
Free Cash Flow to Equity
€298.8m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
8
=
Market Cap
€2.5B
/
Free Cash Flow to Equity
€298.8m

Valuation Scenarios

VGP NV is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (2.6), the stock would be worth €28.31 (68% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-68%
Maximum Upside
+136%
Average Upside
30%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 8 €87.3
0%
3-Year Average 2.6 €28.31
-68%
5-Year Average 3.6 €39.59
-55%
Industry Average 16.6 €182.14
+109%
Country Average 18.8 €205.63
+136%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
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Market Distribution

Lower than 81% of companies in Belgium
Percentile
19th
Based on 286 companies
19th percentile
8
Low
0.7 — 10
Typical Range
10 — 32.1
High
32.1 —
Distribution Statistics
Belgium
Min 0.7
30th Percentile 10
Median 18.8
70th Percentile 32.1
Max 1 165.6

VGP NV
Glance View

Market Cap
2.4B EUR
Industry
Real Estate

In the world of logistics and real estate, VGP NV stands out as a dynamic player specializing in the development and management of industrial parks. Founded in 1998 by Jan Van Geet, the company has carved a niche for itself by focusing on the development of high-end commercial real estate. It operates primarily across Europe, notably in countries like Germany, the Czech Republic, and Spain. VGP NV harnesses strategic locations and leverages its deep expertise in real estate to provide modern, sustainable logistics and semi-industrial buildings. These facilities are tailored for diverse sectors, ranging from e-commerce to automotive, offering the infrastructure needed for companies to excel in a rapidly evolving market landscape. The financial lifeblood of VGP NV is its build-and-hold strategy, which involves the development of industrial parks that are either leased out to clients or sold to institutional investors. Revenue streams flow from rental income, development fees, and the strategic sale of assets. The company smartly collaborates with partners, often through joint ventures, which allows it to balance financial risk while maximizing growth potential. Moreover, VGP NV's focus on sustainability and state-of-the-art facilities helps attract a robust clientele, ensuring a steady demand for its properties. This approach not only cements its reputation as a reliable developer but also positions VGP NV as a critical enabler in the supply chain industry, where efficiency and location are paramount.

VGP Intrinsic Value
135.37 EUR
Undervaluation 36%
Intrinsic Value
Price €87.3
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