Wereldhave N.V./€WHA
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Wereldhave N.V.
Wereldhave N.V. is a real estate investment trust (REIT) based in the Netherlands, specializing in the development and management of retail properties. The company's portfolio primarily includes shopping centers, with a focus on creating convenient, full-service retail environments for everyday needs. Founded in 1930, Wereldhave has adapted its business model over the years to align with changing consumer preferences, including an emphasis on community-driven shopping experiences. The company operates primarily in the Netherlands but also has significant operations in Belgium. Wereldhave's strategic approach includes enhancing the sustainability and digital capabilities of its properties, leveraging its longstanding presence in core markets to maintain a strong local footprint. The headquarters is located in Schiphol, Netherlands.
- Ticker
- €WHA
- Sector
- Real Estate
- Primary listing
- AEX
- Employees
- 122
- Headquarters
- Amsterdam, Netherlands
- Website
- www.wereldhave.com
Wereldhave N.V. Metrics
BasicAdvanced
€805M
11.93
€1.44
0.92
€1.30
7.54%
Price and volume
Market cap
€805M
Beta
0.92
52-week high
€23.50
52-week low
€17.88
Average daily volume
82K
Dividend rate
€1.30
Financial strength
Current ratio
0.343
Quick ratio
0.332
Long term debt to equity
0.753
Total debt to equity
0.84
Dividend payout ratio (TTM)
71.55%
Interest coverage (TTM)
3.42%
Profitability
EBITDA (TTM)
143.703
Gross margin (TTM)
73.68%
Net profit margin (TTM)
30.13%
Operating margin (TTM)
64.17%
Effective tax rate (TTM)
18.62%
Revenue per employee (TTM)
€1,830,000
Management effectiveness
Return on assets (TTM)
3.49%
Return on equity (TTM)
6.34%
Valuation
Price to earnings (TTM)
11.932
Price to revenue (TTM)
3.57
Price to book
0.75
Price to tangible book (TTM)
0.75
Price to free cash flow (TTM)
8.325
Free cash flow yield (TTM)
12.01%
Free cash flow per share (TTM)
2.071
Dividend yield (TTM)
7.54%
Forward dividend yield
7.54%
Growth
Revenue change (TTM)
9.75%
Earnings per share change (TTM)
-27.09%
3-year revenue growth (CAGR)
9.18%
10-year revenue growth (CAGR)
-1.59%
3-year earnings per share growth (CAGR)
-8.33%
10-year earnings per share growth (CAGR)
16.31%
3-year dividend per share growth (CAGR)
3.87%
10-year dividend per share growth (CAGR)
-8.17%
What the Analysts think about Wereldhave N.V.
Analyst ratings (Buy, Hold, Sell) for Wereldhave N.V. stock.
Analyst projections of the future price of Wereldhave N.V. stock.
Bulls say / Bears say
Core-portfolio like-for-like gross rental income grew 4.3% in the first half, and Wereldhave kept its 2026 direct-result forecast at €1.85–€1.95 per share. This points to resilient rental income despite a challenging macroeconomic backdrop. (Wereldhave)
Daily-life tenants account for 64% of rent, while mixed-use additions at Cityplaza and Knauf are progressing. More healthcare, fitness and food uses could make these centres less reliant on traditional retail. (Wereldhave, StockAnalysis)
Wereldhave agreed to sell De Mael for €49.2 million, above its latest book value, with the deal expected to cut net loan-to-value by about 1.1 percentage points. The proceeds should strengthen the balance sheet and support its shift towards full-service centres. (Wereldhave)
Loan-to-value reached 44.1% in H1, above the company’s 35–40% target range. The Dutch investors’ association VEB says the ratio has remained above that range at reporting dates since 2020, leaving less room to absorb property-value falls. (VEB)
H1 net income fell to €40.12 million from €46.15 million a year earlier, while earnings per share declined to €0.86 from €1.01. The drop contrasts with rental growth and highlights pressure on results beyond rents. (MarketScreener)
Interest expense rose in H1 after Belgian rate swaps and caps matured, and management said the average cost of debt could rise from 3.55% towards year-end. Higher financing costs could weigh further on earnings. (Roic AI)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Wereldhave N.V. Financial Performance
Revenues and expenses
Wereldhave N.V. Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Wereldhave N.V.
AllEURUSDGBP
Fund name | Fund size | €WHA weighting |
|---|---|---|
iShares European Property Yield€IPRP | €833M | 0.53% |
iShares European Property Yield£IPRP | €833M | 0.53% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.04% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.04% |
iShares Developed Markets Property Yield£IWDP | $1.2B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.