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Ascencio

BATS-CHIXE:ASCB
Snowflake Description

6 star dividend payer and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ASCB
BATS-CHIXE
€252M
Market Cap
  1. Home
  2. GB
  3. Real Estate
Company description

Ascencio is based in Gosselies, Belgium. The last earnings update was 29 days ago. More info.


Add to Portfolio Compare Print
  • Ascencio has significant price volatility in the past 3 months.
ASCB Share Price and Events
7 Day Returns
-10.2%
BATS-CHIXE:ASCB
-4.2%
GB REITs
-2.2%
GB Market
1 Year Returns
-31.8%
BATS-CHIXE:ASCB
-24.4%
GB REITs
-25.9%
GB Market
ASCB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ascencio (ASCB) -10.2% -25.2% -32.1% -31.8% -37.3% -36%
GB REITs -4.2% -26.5% -32.1% -24.4% -23.4% -30%
GB Market -2.2% -21.7% -29.6% -25.9% -26.6% -26.2%
1 Year Return vs Industry and Market
  • ASCB underperformed the REITs industry which returned -24.4% over the past year.
  • ASCB underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25.9% over the past year.
Price Volatility
ASCB
Industry
5yr Volatility vs Market

ASCB Value

 Is Ascencio undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ascencio to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ascencio.

BATS-CHIXE:ASCB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.7%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:ASCB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.2%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.45
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.45 (1 + (1- 29%) (95.7%))
0.836
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.836 * 6.21%)
5.72%

Discounted Cash Flow Calculation for BATS-CHIXE:ASCB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ascencio is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BATS-CHIXE:ASCB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.72%)
2020 33.28 Est @ 3.53% 31.48
2021 34.16 Est @ 2.63% 30.56
2022 34.84 Est @ 2% 29.48
2023 35.39 Est @ 1.56% 28.32
2024 35.83 Est @ 1.25% 27.12
2025 36.20 Est @ 1.03% 25.92
2026 36.52 Est @ 0.88% 24.73
2027 36.80 Est @ 0.78% 23.58
2028 37.06 Est @ 0.7% 22.46
2029 37.30 Est @ 0.65% 21.38
Present value of next 10 years cash flows €265.00
BATS-CHIXE:ASCB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €37.30 × (1 + 0.53%) ÷ (5.72% – 0.53%)
€721.90
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €721.90 ÷ (1 + 5.72%)10
€413.74
BATS-CHIXE:ASCB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €265.00 + €413.74
€678.74
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €678.74 / 6.60
€103.71
BATS-CHIXE:ASCB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:ASCB represents 1.00786x of ENXTBR:ASC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00786x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 103.71 x 1.00786
€104.53
Value per share (EUR) From above. €104.53
Current discount Discount to share price of €38.45
= -1 x (€38.45 - €104.53) / €104.53
63.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ascencio is available for.
Intrinsic value
>50%
Share price is €38.45 vs Future cash flow value of €104.53
Current Discount Checks
For Ascencio to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ascencio's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ascencio's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ascencio's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ascencio's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:ASCB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €4.03
ENXTBR:ASC Share Price ** ENXTBR (2020-04-03) in EUR €38.15
United Kingdom of Great Britain and Northern Ireland REITs Industry PE Ratio Median Figure of 38 Publicly-Listed REITs Companies 12.58x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.32x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ascencio.

BATS-CHIXE:ASCB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTBR:ASC Share Price ÷ EPS (both in EUR)

= 38.15 ÷ 4.03

9.48x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ascencio is good value based on earnings compared to the GB REITs industry average.
  • Ascencio is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Ascencio's expected growth come at a high price?
Raw Data
BATS-CHIXE:ASCB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland REITs Industry PEG Ratio Median Figure of 22 Publicly-Listed REITs Companies 0.67x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 0.97x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ascencio, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ascencio's assets?
Raw Data
BATS-CHIXE:ASCB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €56.96
ENXTBR:ASC Share Price * ENXTBR (2020-04-03) in EUR €38.15
United Kingdom of Great Britain and Northern Ireland REITs Industry PB Ratio Median Figure of 54 Publicly-Listed REITs Companies 0.73x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.06x
BATS-CHIXE:ASCB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTBR:ASC Share Price ÷ Book Value per Share (both in EUR)

= 38.15 ÷ 56.96

0.67x

* Primary Listing of Ascencio.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ascencio is good value based on assets compared to the GB REITs industry average.
X
Value checks
We assess Ascencio's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Ascencio has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ASCB Future Performance

 How is Ascencio expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.6%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Ascencio expected to grow at an attractive rate?
  • Ascencio's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Ascencio's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Ascencio's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:ASCB Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:ASCB Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 1.6%
BATS-CHIXE:ASCB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -5.5%
United Kingdom of Great Britain and Northern Ireland REITs Industry Earnings Growth Rate Market Cap Weighted Average 24.1%
United Kingdom of Great Britain and Northern Ireland REITs Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:ASCB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:ASCB Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-09-30 41 1
2021-09-30 41 1
2020-09-30 41 1
2020-04-04
BATS-CHIXE:ASCB Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 48 27
2019-09-30 48 32 21
2019-06-30 48 26
2019-03-31 48 32 28
2018-12-31 48 31
2018-09-30 48 32 34
2018-06-30 47 31
2018-03-31 47 33 32
2017-12-31 47 40
2017-09-30 47 34 41
2017-06-30 46 41
2017-03-31 46 33 38

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ascencio's earnings are expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
  • Ascencio's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:ASCB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Ascencio Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ASCB Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-09-30 3.80 3.80 3.80 1.00
2021-09-30 4.46 4.46 4.46 1.00
2020-09-30 3.59 3.59 3.59 1.00
2020-04-04
BATS-CHIXE:ASCB Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 4.03
2019-09-30 3.24
2019-06-30 3.92
2019-03-31 4.22
2018-12-31 4.65
2018-09-30 5.16
2018-06-30 4.79
2018-03-31 4.95
2017-12-31 6.12
2017-09-30 6.34
2017-06-30 6.36
2017-03-31 5.92

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Ascencio is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Ascencio's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ascencio has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ASCB Past Performance

  How has Ascencio performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ascencio's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ascencio's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Ascencio's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ascencio's 1-year earnings growth is negative, it can't be compared to the GB REITs industry average.
Earnings and Revenue History
Ascencio's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ascencio Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ASCB Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 47.97 26.56 3.56
2019-09-30 47.84 21.35 3.50
2019-06-30 47.98 25.86 2.53
2019-03-31 47.64 27.86 3.35
2018-12-31 47.54 30.81 3.30
2018-09-30 47.50 34.02 3.29
2018-06-30 47.06 31.45 4.20
2018-03-31 47.48 32.42 3.29
2017-12-31 47.28 39.74 3.25
2017-09-30 46.91 41.20 3.11
2017-06-30 46.26 41.13 3.07
2017-03-31 45.95 38.07 3.05
2016-12-31 45.16 28.64 3.04
2016-09-30 44.60 40.24 2.98
2016-06-30 44.14 40.92 2.87
2016-03-31 47.19 41.46 2.73
2015-12-31 42.59 38.43 2.58
2015-09-30 41.72 22.55 2.64
2015-06-30 39.68 17.38 2.71
2015-03-31 39.15 17.43 2.71
2014-12-31 38.79 15.88 2.67
2014-09-30 37.56 14.17 2.51
2014-06-30 35.20 17.81 2.35
2014-03-31 33.35 15.39 2.25
2013-12-31 31.20 18.57 2.17
2013-09-30 30.44 16.41 2.13
2013-06-30 29.59 8.84 2.05

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ascencio has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ascencio used its assets less efficiently than the GB REITs industry average last year based on Return on Assets.
  • Ascencio's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Ascencio's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ascencio has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ASCB Health

 How is Ascencio's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ascencio's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ascencio's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ascencio's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ascencio's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ascencio Company Filings, last reported 3 months ago.

BATS-CHIXE:ASCB Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 375.68 240.82 4.30
2019-09-30 363.12 259.43 4.65
2019-06-30 359.13 254.33 3.49
2019-03-31 353.33 269.60 3.29
2018-12-31 371.35 245.83 3.70
2018-09-30 364.03 250.68 4.03
2018-06-30 355.50 253.35 2.27
2018-03-31 347.79 262.88 2.02
2017-12-31 356.82 252.90 2.66
2017-09-30 346.28 260.78 2.92
2017-06-30 340.39 271.61 2.48
2017-03-31 331.71 273.60 2.84
2016-12-31 318.40 280.71 2.50
2016-09-30 318.03 247.01 3.34
2016-06-30 312.38 243.84 2.21
2016-03-31 306.68 264.65 2.85
2015-12-31 287.62 229.05 3.15
2015-09-30 287.62 225.62 3.15
2015-06-30 283.88 249.70
2015-03-31 275.09 234.67 1.84
2014-12-31 274.14 195.27 2.67
2014-09-30 274.14 192.09 2.67
2014-06-30 270.34 216.44
2014-03-31 183.73 300.85
2013-12-31 183.73 300.85
2013-09-30 195.61 178.87 1.60
2013-06-30 193.92 182.80
  • Ascencio's level of debt (64%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (70.2% vs 64% today).
  • Debt is not well covered by operating cash flow (13.5%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.8x coverage).
X
Financial health checks
We assess Ascencio's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ascencio has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ASCB Dividends

 What is Ascencio's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.17%
Current annual income from Ascencio dividends. Estimated to be 9.83% next year.
If you bought €2,000 of Ascencio shares you are expected to receive €183 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ascencio's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.66%).
  • Ascencio's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.42%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:ASCB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland REITs Industry Average Dividend Yield Market Cap Weighted Average of 48 Stocks 5.4%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 595 Stocks 5.7%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:ASCB Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-09-30 3.80 1.00
2021-09-30 3.78 2.00
2020-09-30 3.70 2.00
2020-04-04
BATS-CHIXE:ASCB Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-12-20 3.500 6.911
2019-11-22 3.500 6.100
2018-12-21 3.400 6.158
2018-12-03 3.400 7.088
2018-01-02 3.300 6.360
2017-11-27 3.300 5.746
2016-12-27 3.200 5.329
2016-11-24 3.200 5.098
2015-12-10 3.050 4.995
2015-11-30 3.050 5.143
2015-01-05 3.000 5.149
2014-11-14 3.000 5.371
2013-12-23 3.000 5.656
2013-12-09 3.000 5.578
2012-11-30 2.720 5.144
2012-11-29 2.720 5.465
2011-11-29 2.718 5.689
2011-11-14 2.718 5.771
2010-11-29 2.718 5.946
2010-11-16 2.718 6.227
2009-11-30 2.720 6.276
2009-11-19 2.720 5.890

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Ascencio's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess Ascencio's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ascencio afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ascencio has a total score of 6/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ASCB Management

 What is the CEO of Ascencio's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vincent Querton
COMPENSATION €88,000
TENURE AS CEO 2.4 years
CEO Bio

Mr. Vincent H. Querton has been Chief Executive Officer and Director of Ascencio SCA since November 03, 2017. Mr. Querton serves as Managing Director and International Director of Jones Lang Lasalle Gmbh (Jones Lang LaSalle Germany GmbH) and Jones Lang LaSalle AB. Mr. Querton serves as Board Member of EMEA of Jones Lang LaSalle AB.

CEO Compensation
  • Insufficient data for Vincent to compare compensation growth.
  • Vincent's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Ascencio management team in years:

2.4
Average Tenure
  • The tenure for the Ascencio management team is about average.
Management Team

Vincent Querton

TITLE
CEO & Director
COMPENSATION
€88K
TENURE
2.4 yrs

Michèle Delvaux

TITLE
Chief Financial Officer
TENURE
8.3 yrs

Stéphanie Broecke

TITLE
Compliance Officer
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure of the Ascencio board of directors in years:

2.4
Average Tenure
  • The average tenure for the Ascencio board of directors is less than 3 years, this suggests a new board.
Board of Directors

Carl Mestdagh

TITLE
Non-Executive Chairman
COMPENSATION
€26K
TENURE
8.8 yrs

Vincent Querton

TITLE
CEO & Director
COMPENSATION
€88K
TENURE
2.4 yrs

Serge Fautré

TITLE
Vice Chairman of the Board
COMPENSATION
€14K
AGE
59

Yves Klein

TITLE
Non-Executive & Independent Director
COMPENSATION
€21K
TENURE
10.8 yrs

Laurence Deklerck

TITLE
Non-Executive Independent Director
COMPENSATION
€26K
TENURE
5.3 yrs

Patrick Tacq

TITLE
Non-Executive & Independent Director
COMPENSATION
€24K
TENURE
2.8 yrs

Stéphanie Boniface

TITLE
Independent Non-Executive Director
COMPENSATION
€23K
TENURE
2.1 yrs

Alexandra Leunen

TITLE
Independent Non-Executive Director
COMPENSATION
€14K
TENURE
2.1 yrs

Olivier Beguin

TITLE
Non-Executive Director
COMPENSATION
€17K
TENURE
2.1 yrs

Amand-Benoît D’Hondt

TITLE
Non-Executive Director
COMPENSATION
€16K
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Ascencio's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ascencio has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ASCB News

Simply Wall St News

ASCB Company Info

Description

Ascencio is based in Gosselies, Belgium.

Details
Name: Ascencio SCA
ASCB
Exchange: BATS-CHIXE
Founded:
€251,636,827
6,595,985
Website: http://www.ascencio.be
Address: Ascencio SCA
Avenue Jean Mermoz 1,
Bâtiment H Boîte 4,
Gosselies,
Hainaut, 6041,
Belgium
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTBR ASC Ordinary Shares Euronext Brussels BE EUR 14. Feb 2007
LSE 0P2J Ordinary Shares London Stock Exchange GB EUR 14. Feb 2007
BATS-CHIXE ASCB Ordinary Shares BATS 'Chi-X Europe' GB EUR 14. Feb 2007
Number of employees
Current staff
Staff numbers
19
Ascencio employees.
Industry
Retail REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 19:42
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/03/06
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.