Ackermans & Van Haaren N.V. (ACKB.BR) stock analysis

In our weekly check, Ackermans & Van Haaren N.V. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 7, red flags: 3.

About Ackermans & Van Haaren N.V.

Ackermans & Van Haaren N.V. is an Industrials company (Engineering & Construction) based in Belgium, listed on BRU as ACKB.BR.

What our checks show for ACKB.BR

Red flags

• Net debt is 6.8x a year of EBITDA (debt/equity 1.74). That limits room in a downturn and raises refinancing risk.
• Recovering from its deepest fall took about 4.6 years.
• Thinly traded (about 27 thousand shares a day): buying and selling can move the price.

Warning signs

• Analysts expect only about 1.1% a year of growth in revenue.
• Earnings per share fell 5.3% a year over the last 3 years.
• Net profit fell 5.8% a year over the last 3 years.
• The net margin is only 9.9%: little room if costs rise.
• Free cash flow is only 4.6% of revenue.
• The stock has fallen as much as 59% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 7.1%.

Strengths

• The gross margin is 13.7% and has risen by 4.2 points: pricing power is holding.
• Operating cash flow is 1.25x net profit: the profit arrives as real cash.
• The dividend takes 19% of profit: there is a cushion.
• The price is 13 times earnings (P/E), reasonable for its growth.
• Pay in shares is only 0.2% of free cash flow.

Similar companies

IESC · ACM · FGR.PA · TTEK · SPIE.PA · STRL

Questions

What grade does Ackermans & Van Haaren N.V. (ACKB.BR) have?

In our weekly check, Ackermans & Van Haaren N.V. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 7, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ACKB.BR stock?

This week's biggest flags for Ackermans & Van Haaren N.V.: High debt, Slow recovery after falls, Thinly traded. In total 10 of 25 checks show a warning or a red flag.

What does Ackermans & Van Haaren N.V. do?

Ackermans & Van Haaren N.V. is an Industrials company (Engineering & Construction) based in Belgium, listed on BRU as ACKB.BR.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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