Why is Deceuninck NV ?
1
High Management Efficiency with a high ROCE of 15.76%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 8.75
3
Healthy long term growth as Net Sales has grown by an annual rate of 5.26%
4
Flat results in Jun 25
- DEBTORS TURNOVER RATIO(HY) Lowest at 5.04 times
- NET SALES(Q) Lowest at EUR 383.55 MM
5
With ROE of 5.98%, it has a Expensive valuation with a 0.94 Price to Book Value
- Over the past year, while the stock has generated a return of -8.33%, its profits have risen by 363.2% ; the PEG ratio of the company is 0
6
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -8.33% returns in the last 1 year, the stock has also underperformed Belgium BEL 20 in each of the last 3 annual periods
How much should you hold?
- Overall Portfolio exposure to Deceuninck NV should be less than 10%
- Overall Portfolio exposure to Paper, Forest & Jute Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Paper, Forest & Jute Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Deceuninck NV for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Deceuninck NV
-8.33%
-1.29
21.91%
Belgium BEL 20
10.33%
0.57
17.97%
Quality key factors
Factor
Value
Sales Growth (5y)
5.26%
EBIT Growth (5y)
39.43%
EBIT to Interest (avg)
8.75
Debt to EBITDA (avg)
0.62
Net Debt to Equity (avg)
0.20
Sales to Capital Employed (avg)
1.94
Tax Ratio
49.27%
Dividend Payout Ratio
36.08%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.76%
ROE (avg)
7.42%
Valuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
Price to Book Value
0.94
EV to EBIT
7.37
EV to EBITDA
4.05
EV to Capital Employed
0.95
EV to Sales
0.52
PEG Ratio
0.04
Dividend Yield
NA
ROCE (Latest)
12.95%
ROE (Latest)
5.98%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
5What is working for the Company
ROCE(HY)
Highest at 5.36%
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -3.01% (YoY
-2What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.04 times
NET SALES(Q)
Lowest at EUR 383.55 MM
Here's what is working for Deceuninck NV
Raw Material Cost
Fallen by -3.01% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at EUR 23.7 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (EUR MM)
Depreciation
At EUR 23.7 MM has Grown at 6.92%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (EUR MM)
Here's what is not working for Deceuninck NV
Net Sales
Lowest at EUR 383.55 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (EUR MM)
Debtors Turnover Ratio
Lowest at 5.04 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






