Last Price | 45.60 | Max Price | 49.95 |
Min Price | 42.35 | 1 Year return | -13.14 |
Avg. Target | 50.00 | Expected Return | 9.65 % |
Sector | Basic Materials | Subsector | General Retailer |
Sell | 0 | Rating | |
Hold | 2 | Concensus | |
Buy | 0 | ||
Annual report 2017 |
Ascencio is a real estate investment trust (investment company having a fixed capital in real estate) which concentrates on investing in commercial areas located mainly in the periphery of cities. The company is active in Belgium and France. Ten sectors are represented, however, with a predominance in the food industry brands such as Champion, GB, Delhaize, Carrefour, Lidl, Leader Price, Grand Frais. Signs active in other sectors such Krefel, Mr. Bricolage, Zeeman, helps to diversify the portfolio for Ascencio. The company is listed on Euronext Brussels, Ascencio is developing a logical strategy to optimize its results over the long term which is also looked upon further to offer a stable return to all its shareholders. The Sicafis was incorporated as a company limited by shares with registered manager, partner, is a limited liability company Ascencio. The duties of the manager of the company are exercised by the Board of Directors of SA Ascencio.
Ascencio intends to operate efficiently, responsibly and profitably in the real estate sector commercially. The company has the appetite to grow and willingness to tackle new challenges as the company's goal is to build strong and lasting relationships with clients, based on mutual trust, cooperation and sharing. The enthusiasm in company boosts the audacity which drives the company to take risks, explore new avenues and know beyond failure. Ascencio's market knowledge, combined with the high quality of goods and their services, guarantees the performance over the long term. The SICAFI Ascencio is active in the field of commercial real estate as the result of a joint initiative of Carl and John Eric Mestdagh and AG Real Estate Asset Management. Ascencio's initial property portfolio resulting from the contributions of Groupe Mestdagh of AG Insurance, and five other contributors. Ascencio, since its inception expanded its portfolio of acquisitions in Belgium and particularly in France. Ascencio work solely in the interest of its shareholders and invests in a constant optical value creation. During the process of selection of properties, the company focuses on strict quality criteria.
Ascencio investing primarily in the commercial real estate market edge in Belgium and abroad. The retail periphery is characterized by housing developments consisting of several stores that share the same parking lot. The financial statements are based on the use of rigorous evaluation models organized around specific financial criteria. Every new investment must obtain a rating of course improving the average of the entire portfolio. Ascencio also looks at characteristics of leases, especially in the duration and quality of the tenant. Buying fully leased long-term tenants of the highest quality buildings, Ascencio lengthens the average maturity of its portfolio of leases, increased its average occupancy rate and reduces the risk of insolvency of tenants. As per the results declared in September 2012, Ascencio is having 4.172.875 number of shares with an intrinsic value of 45.03 Euro, with EPS of 2.41 Euro and a proposed dividend of 2.04 Euro.
Year | Turnover | Total sector | Market share |
---|---|---|---|
2019 | 42 | 1,036,299 | 0.00 % |
2020 | 45 | 1,047,321 | 0.00 % |
2021 | 46 | 1,235,957 | 0.00 % |
2022 | 48 | 1,357,923 | 0.00 % |
2023 | 0 | 0 | 0.00 % |
Analysts foresee record year for Ascencio
Currently quite high dividend Ascencio
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
The stock gained over the past 12 months at around 6 percent. Over the past 5 years Ascencio' stock rose at around 45 percent in value. Ascencio's revenues between 2011 and 2015 were very volatile and moved between 24,7 million euros and 35,87 million euros. Ascencio's net incomes between 2011 and 2015 were very volatile through the time and moved between 12,51 million euros and 22,54 million euros.
Ascencio primarily operates in the general retailer sector. The global general retailers gained around 120 percent over the period 2006-2016. Since 2011 the sector is 28 percent higher and over the past year minus 120 percent.
Ascencio paid out dividends in the past 5 years. Ascencio's dividend return over the period 2011 - 2015 was around 14,49 percent per year. Over the past 5 years the company raised it's dividends each year. So because of the yearly raised dividends per share Ascencio is a kind of dividend aristocrat.
Ascencio had about 27 employees at the end of 2015.
At the end of 2015 the general retailer's balance sheet was worth 531,26 million euros. 243,64 million euros (45,86 percent of the total balance sheet) was financed by debt. The Belgian company's price/earnings-ratio was 16. So the market valued the stock at 16 times the 2015' earnings per share. Based on it's price/earnings-ratio and dividend yield the Belgian stock can be seen as a value stock.
At the end of 2015 the general retailer's market size (her number of outstanding share times the stock price) equaled around 369,73 million euros. At the end of 2015 around 6,18 million stocks were listed.
All Ascencio's financial reports are located here. More information about Ascencio can be found it's website. .
Results |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Revenue |
36
|
39
|
41
|
41
|
42
|
45
|
Costs |
13
|
-1
|
0
|
7
|
20
|
35
|
Profit |
23
|
40
|
41
|
34
|
21
|
9
|
Margin of profit |
62.67
|
103.60
|
101.03
|
82.98
|
51.33
|
20.76
|
ROI |
7.84
|
12.65
|
11.90
|
9.35
|
5.88
|
2.65
|
Balance |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Equity |
288
|
318
|
346
|
364
|
363
|
349
|
Debt |
244
|
265
|
279
|
267
|
273
|
362
|
Total assets |
531
|
583
|
625
|
631
|
636
|
710
|
Solvency |
54.14
|
54.55
|
55.37
|
57.67
|
57.11
|
49.09
|
Cash |
3
|
3
|
3
|
4
|
6
|
5
|
Cashflow |
17
|
33
|
34
|
32
|
32
|
34
|
Employees |
27
|
0
|
0
|
0
|
0
|
|
Revenue per employee |
1.33
|
0.0
|
0.0
|
0.0
|
0.0
|
|
Cashflow / Debt |
0.07
|
0.12
|
0.12
|
0.12
|
0.12
|
0.09
|
Details |
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|
Price |
59.75
|
62.65
|
56.03
|
49.90
|
55.20
|
Eps |
6.32
|
6.34
|
5.16
|
3.24
|
1.40
|
Price/earnings-ratio |
9.45
|
9.88
|
10.86
|
15.40
|
32.57
|
Dividend |
2.33
|
2.31
|
2.38
|
2.45
|
2.56
|
Dividend % |
3.90 %
|
3.69 %
|
4.25 %
|
4.91 %
|
5.61 %
|
Payout % |
0.37
|
0.36
|
0.46
|
0.76
|
1.83
|
Book value |
49.97
|
53.29
|
55.19
|
55.05
|
52.88
|
Market to book |
0.84
|
0.85
|
0.99
|
1.10
|
1.16
|
Cashflow per stock |
5.12
|
5.29
|
4.92
|
4.91
|
5.12
|
Stocks |
6
|
6
|
7
|
7
|
7
|
Market Cap |
380.29
|
407.07
|
369.57
|
329.14
|
300.78
|
Date
|
Price
|
---|---|
13 Nov 2024
|
45.60
|
08 Nov 2024
|
46.20
|
05 Nov 2024
|
45.85
|
31 Oct 2024
|
46.90
|
29 Oct 2024
|
47.15
|
23 Oct 2024
|
46.55
|
19 Oct 2024
|
47.65
|
16 Oct 2024
|
48.10
|
14 Oct 2024
|
47.70
|
05 Oct 2024
|
48.15
|
02 Oct 2024
|
48.95
|
27 Sep 2024
|
48.70
|
20 Sep 2024
|
48.65
|
17 Sep 2024
|
49.60
|
13 Sep 2024
|
49.60
|
28 Aug 2024
|
47.90
|
26 Aug 2024
|
48.00
|
23 Aug 2024
|
47.90
|
11 Aug 2024
|
47.30
|
07 Aug 2024
|
47.35
|
05 Aug 2024
|
46.10
|
01 Aug 2024
|
45.80
|
30 Jul 2024
|
46.15
|
26 Jul 2024
|
45.55
|
23 Jul 2024
|
46.75
|
16 Jul 2024
|
46.45
|
10 Jul 2024
|
46.00
|
09 Jul 2024
|
46.10
|
04 Jul 2024
|
45.95
|
02 Jul 2024
|
45.20
|