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

EUR268.80 +1.20 (+0.45%)
BE BRU Industrials Engineering & Construction
Address Begijnenvest 113 2000
Antwerp, BE
CEO Piet Dejonghe
Website avh.be
IPO 2000-01-04
ISIN BE0003764785

Explore sections of this company profile

Also trades on Euronext Brussels · ACKB.BR (EUR) Other OTC · AVHNF (USD) Other OTC · AVHNY (USD)
Description

Founded in Antwerp, Belgium, in 1876, Ackermans & Van Haaren NV operates as a global, diversified investment group. Its extensive portfolio is structured across five core segments: Marine Engineering & Contracting, Private Banking, Real Estate & Senior Care, Energy & Resources, and AvH & Growth Capital. The Marine Engineering & Contracting division undertakes a range of maritime construction endeavors, encompassing dredging, water-based civil works, and various offshore activities. These offshore operations include projects in renewable energy, oil and gas, soil and sludge remediation, and the extraction of aggregates and minerals. This segment also spearheads the development of port facilities, associated industrial zones, and offshore wind farms. Within Private Banking, the company provides asset management services to a diverse clientele of private individuals, offers tailored advisory banking solutions for entrepreneurs and liberal professionals, and facilitates car financing and leasing through dealerships. The Real Estate & Senior Care segment focuses on developing residential and mixed-use properties, investing in commercial retail and office spaces, and managing senior living accommodations and care services for the elderly, including retirement homes. Lastly, the Energy & Resources arm is involved in the cultivation of crude palm oil, rubber, bananas, and tea, as well as cement manufacturing. It further delivers specialized advice, automation, and maintenance services to various industrial sectors, such as life science, tank terminals, food and beverage, infrastructure, and chemistry. Additionally, this segment manufactures and distributes compact biogas installations.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR268.80 +1.20 (+0.45%)
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Volume Profile
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Liquidity & share structure
Average Volume
35.7K
Beta
0.76
Float Shares
21.33M
Free Float %
65.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.97% -1.52% -3.00% -6.47% +23.32% +17.16% +21.34% +74.79% +105.75% +133.61% +832.42%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
268.80
DCF (Unlevered) 361.04 +34.3%
DCF (Levered) 134.24 -50.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 57% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 3 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.02
Distress
Piotroski F-Score
8 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    -1.4% Q4'25: +4.8% (vs Q4'23)
  • EPS growth Engineering & Construction: +20.8%
    +28.8% Q4'25: +40.0% (vs Q4'23)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    0.0% Q4'25: +0.5% (vs Q4'23)
  • EBIT margin Engineering & Construction: +7.0%
    +12.5% Q4'25: +13.1% (vs Q4'23)
  • ROIC Engineering & Construction: +6.4%
    +3.9% Q4'25: +8.0% (vs Q4'23)
  • Share dilution Engineering & Construction: +0.0%
    +0.1% Q4'25: -0.2% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    8.28× Q4'25: 4.05× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.76) × ERP
WACC = 46% × Ke + 54% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 361.04 Current price: 268.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2000
actual
Dec 2001
actual
Dec 2002
actual
Dec 2010
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
3 EPS Ana.
Dec 2027
2 Rev. Ana.
3 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
69.59M
est.
81.20M
est.
91.67M
est.
338.70M
est: 1.81B (-81.3%)
526.03M
est: 460.81M (+14.2%)
4.16B
est: 556.22M (+648.7%)
4.02B
est: 4.45B (-9.8%)
3.66B
est: 3.81B (-3.9%)
3.96B
est: 4.10B (-3.3%)
4.47B
est: 4.23B (+5.7%)
4.27B
est: 4.37B (-2.2%)
3.91B
est: 3.84B (+1.9%)
4.31B
est: 4.07B (+6.0%)
4.40B
est: 2.07B (+112.6%)
5.22B
est: 5.68B (-8.1%)
6.04B
est: 6.08B (-0.5%)
5.96B
est: 6.09B (-2.1%)
5.98B
5.91B – 6.04B
-1.9% YoY
6.20B
6.18B – 6.23B
+3.8% YoY
6.41B
6.37B – 6.46B
+3.4% YoY
EBITDA
56.91M
est.
16.54M
est.
18.68M
est.
283.50M
est: 368.39M (-23.0%)
155.45M
est: 93.89M (+65.6%)
620.17M
est: 113.33M (+447.2%)
644.01M
est: 907.36M (-29.0%)
698.13M
est: 773.09M (-9.7%)
779.84M
est: 749.82M (+4.0%)
781.31M
est: 885.92M (-11.8%)
859.80M
est: 805.28M (+6.8%)
558.16M
est: 945.53M (-41.0%)
975.91M
est: 1.02B (-4.2%)
1.06B
est: 1.08B (-1.2%)
1.05B
est: 1.24B (-15.0%)
1.25B
est: 1.26B (-0.8%)
1.28B
est: 1.33B (-3.5%)
1.30B
1.29B – 1.32B
-1.9% YoY
1.35B
1.35B – 1.36B
+3.8% YoY
1.40B
1.39B – 1.41B
+3.4% YoY
EBIT
20.15M
est.
34.19M
est.
33.84M
est.
217.36M
est: 673.66M (-67.7%)
143.82M
est: 55.96M (+157.0%)
363.71M
est: 67.55M (+438.4%)
377.09M
est: 2.25B (-83.3%)
470.39M
est: 270.73M (+73.7%)
554.92M
est: 356.36M (+55.7%)
550.26M
est: 323.53M (+70.1%)
610.96M
est: 337.44M (+81.1%)
363.93M
est: 281.09M (+29.5%)
625.35M
est: 302.76M (+106.6%)
926.96M
est: 319.66M (+190.0%)
668.13M
est: 785.30M (-14.9%)
807.75M
est: 840.22M (-3.9%)
745.13M
est: 841.90M (-11.5%)
826.18M
817.20M – 835.17M
-1.9% YoY
857.64M
854.53M – 860.75M
+3.8% YoY
886.54M
880.17M – 892.91M
+3.4% YoY
Net Income
53.28M
est.
93.58M
est.
104.36M
est.
160.80M
est: 2.08B (-92.3%)
293.90M
est: 527.54M (-44.3%)
215.13M
est: 354.75M (-39.4%)
284.08M
est: 1.73B (-83.6%)
224.24M
est: 243.61M (-8.0%)
302.53M
est: 253.82M (+19.2%)
289.64M
est: 317.76M (-8.8%)
394.90M
est: 281.10M (+40.5%)
229.79M
est: 352.75M (-34.9%)
406.81M
est: 379.95M (+7.1%)
708.66M
est: 600.99M (+17.9%)
399.19M
est: 428.91M (-6.9%)
459.87M
est: 487.34M (-5.6%)
592.55M
est: 592.55M (+0.0%)
607.42M
579.21M – 622.42M
+2.5% YoY
659.64M
602.12M – 679.72M
+8.6% YoY
698.00M
618.16M – 754.38M
+5.8% YoY
SGA
3.63M
est.
4.55M
est.
4.77M
est.
est: 94.95M (-100.0%)
126.17M
est: 70.46M (+79.1%)
723.79M
est: 85.05M (+751.0%)
725.54M
est: 694.61M (+4.5%)
717.57M
est: 622.18M (+15.3%)
765.90M
est: 812.25M (-5.7%)
842.07M
est: 804.45M (+4.7%)
570.82M
est: 817.24M (-30.2%)
816.59M
est: 723.50M (+12.9%)
877.69M
est: 779.27M (+12.6%)
821.28M
est: 822.77M (-0.2%)
944.75M
est: 661.71M (+42.8%)
est: 937.21M (-100.0%)
68.59M
est: 709.40M (-90.3%)
696.16M
688.59M – 703.73M
-1.9% YoY
722.67M
720.04M – 725.29M
+3.8% YoY
747.02M
741.65M – 752.39M
+3.4% YoY
EPS
2.18
est.
2.66
est.
1.78
est.
4.86
est: 5.02 (-3.1%)
8.87
est: 5.69 (+56.0%)
6.45
est: 6.55 (-1.5%)
8.61
est: 8.33 (+3.3%)
6.77
est: 6.78 (-0.1%)
9.13
est: 8.15 (+12.1%)
8.74
est: 8.61 (+1.5%)
11.92
est: 11.79 (+1.1%)
6.93
est: 7.22 (-4.0%)
12.27
est: 11.54 (+6.3%)
21.39
est: 11.11 (+92.5%)
12.13
est: 13.11 (-7.4%)
14.07
est: 14.88 (-5.5%)
18.14
est: 18.17 (-0.2%)
18.39
17.69 – 19.01
+1.2% YoY
19.97
18.39 – 20.76
+8.6% YoY
20.96
18.88 – 23.04
+5.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 3/5 4/5 3/5 1/5 3/5 4/5
2026-05-28 B+ 3/5 3/5 4/5 3/5 1/5 3/5 4/5
2026-05-27 B+ 3/5 3/5 4/5 3/5 1/5 3/5 4/5
2026-05-26 B+ 3/5 3/5 4/5 3/5 1/5 3/5 4/5
2026-05-25 B+ 3/5 3/5 4/5 3/5 1/5 3/5 4/5
2026-05-22 B+ 3/5 3/5 4/5 3/5 1/5 3/5 4/5
2026-05-21 B+ 3/5 3/5 4/5 4/5 1/5 3/5 4/5
2026-05-20 B+ 3/5 3/5 4/5 4/5 1/5 3/5 4/5
2026-05-19 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-18 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-15 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-14 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-13 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-12 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-11 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-08 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-07 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-06 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-05 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-04 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-04-30 B+ 3/5 3/5 3/5 4/5 1/5 4/5 4/5
2026-04-29 B+ 3/5 3/5 3/5 4/5 1/5 4/5 4/5
2026-04-28 B+ 3/5 3/5 3/5 4/5 1/5 4/5 4/5
2026-04-27 B+ 3/5 3/5 3/5 4/5 1/5 4/5 4/5
2026-04-24 B+ 3/5 3/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 B+ 3/5 3/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 B+ 3/5 3/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 B+ 3/5 3/5 3/5 4/5 1/5 4/5 3/5
2026-04-20 B+ 3/5 3/5 3/5 4/5 1/5 4/5 3/5
2026-04-17 B+ 3/5 3/5 3/5 4/5 1/5 4/5 3/5
2026-04-16 B+ 3/5 3/5 3/5 4/5 1/5 4/5 3/5
2026-04-15 B+ 3/5 3/5 3/5 4/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.80B
OE per share TTM
85.59
Owner's Yield
31.57%
Maintenance CapEx ratio
74.52%
Maint CapEx / Avg PPE
59.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
30.6K
Shares Outstanding
32.68M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
John-Eric Fernand Pascal Cesar Bertrand Co-CEO & Co-Chairman of the Executive Committee 2M male
Piet Dejonghe Co-CEO & Co-Chairman of the Executive Committee 2M male
Bart Vercauteren Head of ESG male
Chris Van Raemdonck Communication & Investor Relations Manager male
Hilde Haems Chief Human Capital Officer female
Koen Janssen Member of the Executive Committee male
Pieter Bevernage Secretary General, General Counsel & Member of the Executive Committee male
An Herremans Member of the Executive Committee female
Tom Bamelis Chief Financial Officer, Financial Director & Member of the Executive Committee male
Andre-Xavier L. Cooreman Member of the Executive Committee male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits