What is Vastned's (VASTB.BR) StockRank?

MoatMap's StockRank for Vastned (VASTB.BR) is 80/100, with a Buy signal. This is a composite score combining Quality (54), Value (59), and Momentum (54) factor ranks across MoatMap's 20,000+ stock universe.

Does Vastned have an economic moat?

Vastned (VASTB.BR) has a Quality factor score of 54/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Vastned a buy, hold, or sell?

MoatMap's current signal for Vastned (VASTB.BR) is Buy, based on a StockRank of 80/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Vastned in?

Vastned (VASTB.BR) operates in the Real Estate sector, specifically the REIT - Retail industry (Netherlands).

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

VASTB.BR

BUYREMOVE

Vastned · Real Estate · Netherlands · $557M · Avg Vol: $437K/d

StockRank

P/E (TTM)

9.7x

ROE

10.4%

D/E

0.7x

Dividend %

6.3%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Vastned is a small-cap European retail property REIT with low growth and structural headwinds from e-commerce, offering no alignment with our high-conviction macro themes.

COMPANY DESCRIPTION

Vastned is a European retail property REIT that invests in high-street shops located in the historic city centers of major European cities, including Amsterdam, Paris, and Brussels. The company competitive moat is anchored by the scarcity and high demand for premium retail spaces in historic districts, which attract stable, high-profile international tenants. It operates as a highly focused niche player with a resilient, premium-quality real estate portfolio.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	22M	24M	23M	82M	55.8%
EPS	3.31	2.58	2.44	3.53	2.2%
Shares	5M	5M	8M	19M	+283.4%
Debt	94M	91M	118M	574M	82.5%
Equity	270M	269M	255M	843M	46.2%
Op CF	16M	15M	17M	11M	-11.9%
Inv CF	7M	-58,079	10,454	-3M	—
Fin CF	-24M	-15M	-17M	-8M	—

PRICE (1M)+4.0%

SMA 50SMA 200

$34.32

RSI (14)

51.3

52W High

$35.56

From 52W High

1.0%

SCORE BREAKDOWN

Quality

ROIC

6.3%64.1

ROE

10.4%74.0

GP/Assets

4.8%39.6

Op. Margin

85.0%96.4

FCF/Assets

2.8%56.2

Piotroski

—22.0

Int. Cover

4.7x59.2

D/E Ratio

0.68x63.6

Current Ratio

0.18x6.6

Value

P/E (TTM)

9.7x70.3

EV/EBITDA

17.5x43.8

P/FCF

11.4x59.3

P/B

0.7x69.5

P/S

7.1x26.9

Div Yield

6.3%74.6

Momentum

52W High %

97%91.6

RS 6M

-12%51.5

SMA 50/200

1.02x62.0

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

-22%25.5

Q Growth

-49%14.6

FUNDAMENTALS

Market Cap

$557M

P/E (Forward)

12.5x

Gross Margin

90.8%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of VASTB.BR are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
VASTB.BR	Vastned(you)	$557M	80	BUY
WHA.AS	Wereldhave N.V.	$1.1B	87	STRONG BUY
ECMPA.AS	Eurocommercial Properties N.V.	$1.9B	89	STRONG BUY
NSI.AS	NSI N.V.	$401M	39	HOLD
NRP.JO	NEPI Rockcastle N.V.	$6.3B	84	STRONG BUY
CTPNV.AS	CTP N.V.	$9.2B	31	SELL

Peer medians: ROE 10.1% · P/E 10.9x · Gross margin 71.5%

Vastned (VASTB.BR) — Stock Score Summary

Vastned (VASTB.BR) has a MoatMap StockRank of 80/100 based on Quality (54/100), Value (59/100), and Momentum (54/100) factor scores. The current signal is BUY. Vastned is a small-cap European retail property REIT with low growth and structural headwinds from e-commerce, offering no alignment with our high-conviction macro themes.

Key Financial Metrics

Price	$34.32
Market Cap	$557M
P/E (TTM)	9.74
P/E (Forward)	12.49
Price/Book	0.66
Return on Equity	10.4%
Return on Invested Capital	6.3%
Debt/Equity	68.17
Gross Margin	90.8%
Operating Margin	85.0%
Dividend Yield	6.3%
Free Cash Flow	$49M

Vastned operates in the REIT - Retail industry, part of the Real Estate sector (Netherlands).

Frequently Asked Questions

What is Vastned’s (VASTB.BR) StockRank?: MoatMap’s StockRank for Vastned (VASTB.BR) is 80/100, with a Buy signal. It is a composite of Quality (54), Value (59), and Momentum (54) factor ranks across MoatMap’s 20,000+ stock universe.
Does Vastned have an economic moat?: Vastned (VASTB.BR) has a Quality factor score of 54/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Vastned a buy, hold, or sell?: MoatMap’s current signal for Vastned (VASTB.BR) is Buy, based on a StockRank of 80/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Vastned in?: Vastned (VASTB.BR) operates in the Real Estate sector, specifically the REIT - Retail industry (Netherlands).