VGP (VGP.BR) Stock Price

VGP Price

Euronext Brussels·CLOSED
85.60EUR+1.20 (+1.41 %)
Market closed

Revenue has compounded at 23.7% per year over the past 19 years to 121.40 M EUR. Earnings per share have grown at 13.5% per year over the last 19 years. VGP's net margin stands at 236.4%, down from 1,255.0% several years earlier. VGP currently offers a dividend yield of about 3.45%. The payout ratio is around 28% of earnings. The dividend has grown at 18.3% per year over the past 14 years. Analysts set a median price target of 117.30 EUR, implying 37.0% above the current price. Of 16 analysts, 10 rate the stock a buy — an overall Buy consensus. The stock trades about 10% above its 52-week low.

VGP stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of VGP over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how VGP stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing VGP's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

VGP Stock Price History
DateVGP Price
8/4/202685.60 EUR
7/31/202684.40 EUR
7/30/202684.00 EUR
7/29/202686.00 EUR
7/28/202685.70 EUR
7/27/202684.50 EUR
7/24/202684.40 EUR
7/23/202684.00 EUR
7/22/202682.70 EUR
7/21/202681.10 EUR
7/20/202680.00 EUR
7/17/202680.90 EUR
7/16/202680.60 EUR
7/15/202683.00 EUR
7/14/202682.10 EUR
7/13/202680.90 EUR
7/10/202681.40 EUR
7/9/202681.70 EUR
7/8/202682.20 EUR
7/7/202686.00 EUR
7/6/202686.80 EUR
7/3/202686.90 EUR
7/2/202687.10 EUR
7/1/202684.10 EUR
6/30/202684.20 EUR
6/29/202684.00 EUR
6/26/202684.30 EUR
6/25/202684.30 EUR
6/24/202683.00 EUR
6/23/202680.10 EUR
6/22/202681.60 EUR
6/19/202682.40 EUR
6/18/202682.90 EUR
6/17/202681.50 EUR
6/16/202682.80 EUR
6/15/202683.50 EUR
6/12/202681.20 EUR
6/11/202678.60 EUR
6/10/202678.70 EUR
6/9/202678.50 EUR
6/8/202678.10 EUR
6/5/202678.40 EUR
6/4/202677.80 EUR
6/3/202678.60 EUR
6/2/202680.60 EUR
6/1/202682.80 EUR
5/29/202684.90 EUR
5/28/202684.10 EUR
5/27/202684.80 EUR
5/26/202682.50 EUR
5/25/202680.90 EUR
5/22/202680.50 EUR
5/21/202679.70 EUR
5/20/202680.20 EUR
5/19/202681.10 EUR
5/18/202680.90 EUR
5/15/202680.00 EUR
5/14/202680.60 EUR
5/13/202680.20 EUR
5/12/202678.50 EUR
5/11/202679.90 EUR
5/8/202681.00 EUR
5/7/202690.20 EUR
5/6/202690.30 EUR
5/5/202685.80 EUR
5/4/202685.80 EUR
4/30/202687.30 EUR
4/29/202687.10 EUR
4/28/202688.80 EUR
4/27/202690.60 EUR
4/24/202690.70 EUR
4/23/202691.10 EUR
4/22/202692.30 EUR
4/21/202692.60 EUR
4/20/202693.60 EUR
4/17/202695.40 EUR
4/16/202693.00 EUR
4/15/202692.00 EUR
4/14/202691.70 EUR
4/13/202689.80 EUR
4/10/202691.30 EUR
4/9/202691.00 EUR
4/8/202692.00 EUR
4/7/202686.40 EUR
4/2/202686.60 EUR
3/27/202682.03 EUR
3/26/202684.35 EUR
3/25/202686.09 EUR
3/24/202685.73 EUR
3/23/202683.44 EUR
3/20/202690.21 EUR
3/19/202689.90 EUR
3/17/202693.64 EUR
3/16/202693.85 EUR
3/13/202693.10 EUR
3/12/202694.43 EUR
3/10/202698.52 EUR
3/9/202695.78 EUR
3/6/202699.80 EUR
3/5/2026101.22 EUR
2/27/2026108.40 EUR
2/26/2026107.92 EUR
2/25/2026107.80 EUR
2/23/2026107.80 EUR
2/20/2026108.24 EUR
2/19/2026107.12 EUR
2/18/2026108.74 EUR
2/17/2026110.91 EUR
2/16/2026109.75 EUR
2/13/2026106.85 EUR
2/12/2026108.80 EUR
2/11/2026109.79 EUR
2/10/2026108.25 EUR
2/9/2026105.96 EUR
2/6/2026107.63 EUR
2/5/2026104.60 EUR
2/4/2026104.20 EUR
2/3/2026104.03 EUR
2/2/2026103.00 EUR
1/30/2026103.40 EUR
1/29/2026102.83 EUR
1/28/2026102.02 EUR
1/27/2026101.22 EUR
1/26/2026103.11 EUR
1/23/2026101.93 EUR
1/22/2026102.02 EUR
1/21/2026100.06 EUR
1/20/2026101.02 EUR
1/19/2026103.76 EUR
1/16/2026105.32 EUR
1/15/2026104.43 EUR
1/14/2026102.96 EUR
1/13/2026103.20 EUR
1/12/2026102.69 EUR
1/9/2026103.72 EUR
1/8/2026104.41 EUR
1/7/2026100.95 EUR
1/6/202698.92 EUR
1/5/202696.92 EUR
1/2/202697.38 EUR
12/31/202598.00 EUR
12/30/202597.78 EUR
12/29/202597.10 EUR
12/24/202598.20 EUR
12/23/202598.66 EUR
12/22/202598.30 EUR
12/19/202597.97 EUR
12/18/202599.82 EUR
12/17/202599.13 EUR
12/16/202597.85 EUR
12/15/202596.80 EUR
12/12/202597.56 EUR
12/11/202598.24 EUR
12/10/202599.50 EUR
12/9/202599.44 EUR
12/8/202599.80 EUR
12/5/2025101.36 EUR
12/4/2025101.40 EUR
12/3/2025101.97 EUR
12/2/2025103.99 EUR
12/1/2025103.86 EUR
11/28/2025103.67 EUR
11/27/2025103.60 EUR
11/26/2025102.43 EUR
11/25/2025101.76 EUR
11/24/2025101.20 EUR
11/21/2025100.14 EUR
11/20/2025102.01 EUR
11/19/2025102.00 EUR
11/18/2025101.42 EUR
11/17/2025102.32 EUR
11/14/2025102.22 EUR
11/13/2025103.60 EUR
11/12/2025104.20 EUR
11/11/2025104.03 EUR
11/10/2025103.55 EUR
11/7/2025104.50 EUR
11/6/2025104.60 EUR
11/5/2025100.29 EUR
11/4/202599.82 EUR
11/3/202599.42 EUR
10/31/2025100.14 EUR
10/30/2025102.01 EUR
10/29/2025102.07 EUR
10/28/2025102.88 EUR
10/27/2025104.77 EUR
10/24/2025105.87 EUR
10/23/2025106.64 EUR
10/22/2025106.81 EUR
10/21/2025105.12 EUR
10/20/2025103.60 EUR
10/17/2025102.16 EUR
10/16/2025103.31 EUR
10/15/2025101.50 EUR
10/14/2025102.51 EUR
10/13/2025101.54 EUR
10/10/202598.04 EUR
10/9/202597.10 EUR
10/8/202596.09 EUR
10/7/202594.45 EUR
10/6/202594.64 EUR
10/3/202596.00 EUR
10/2/202596.01 EUR
10/1/202595.09 EUR
9/30/202595.10 EUR
9/29/202593.60 EUR
9/26/202591.20 EUR
9/25/202592.70 EUR
9/24/202594.08 EUR
9/23/202593.04 EUR
9/22/202592.60 EUR
9/19/202592.90 EUR
9/18/202593.19 EUR
9/17/202594.20 EUR
9/16/202592.89 EUR
9/15/202591.25 EUR
9/12/202594.00 EUR
9/11/202593.20 EUR
9/10/202593.34 EUR
9/9/202593.50 EUR
9/8/202593.98 EUR
9/5/202592.91 EUR
9/4/202591.51 EUR
9/3/202592.99 EUR
9/2/202595.34 EUR
9/1/202598.20 EUR
8/29/202597.50 EUR
8/28/202596.98 EUR
8/27/202598.26 EUR
8/26/202598.10 EUR
8/25/202597.07 EUR
8/22/202598.11 EUR
8/21/202596.77 EUR
8/20/202594.80 EUR
8/19/202593.12 EUR
8/18/202592.37 EUR
8/15/202591.75 EUR
8/14/202592.66 EUR
8/13/202592.61 EUR
8/12/202592.67 EUR
8/11/202593.36 EUR
8/8/202594.10 EUR
8/7/202593.50 EUR
8/6/202593.03 EUR
8/5/202591.54 EUR
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VGP Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
84.78 M EUR
27.59 M EUR
-122.54 M EUR
Jan 1, 2023
113.72 M EUR
41.53 M EUR
87.29 M EUR
Jan 1, 2024
121.40 M EUR
37.34 M EUR
286.99 M EUR
Jan 1, 2025 (e)
75.10 M EUR
39.63 M EUR
131.08 M EUR
Jan 1, 2026 (e)
92.78 M EUR
48.96 M EUR
137.08 M EUR
Jan 1, 2027 (e)
97.42 M EUR
51.41 M EUR
152.30 M EUR
Jan 1, 2028 (e)
105.42 M EUR
55.63 M EUR
162.64 M EUR
Jan 1, 2029 (e)
392.83 M EUR
207.31 M EUR
135.10 M EUR

VGP Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 7:26 AM
 
REVENUEM EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
DIV.EUR
DIV. GROWTH%
SHARESM
201420152016201720182019202020212022202320242025e2026e2027e2028e2029e
15.0023.0024.0028.0030.0026.0029.0044.0084.00113.00121.0075.0092.0097.00105.00392.00
66.6753.334.3516.677.14-13.3311.5451.7290.9134.527.08-38.0222.675.438.25273.33
73.3382.6179.1785.7183.3384.6286.2184.0982.1483.1985.9585.9585.9585.9585.9585.95
11.0019.0019.0024.0025.0022.0025.0037.0069.0094.00104.0064.4679.0783.3790.25336.93
4.005.003.003.007.00-1.00-10.00-20.0027.0041.0037.0039.0048.0051.0055.00207.00
26.6721.7412.5010.7123.33-3.85-34.48-45.4532.1436.2830.5852.0052.1752.5852.3852.81
49.0086.0091.0095.00121.00205.00370.00650.00-122.0087.00286.00131.00137.00152.00162.00135.00
104.1775.515.814.4027.3769.4280.4975.68-118.77-171.31228.74-54.204.5810.956.58-16.67
0.41–––1.902.202.933.6513.702.752.953.303.423.55––
-46.75––––15.7933.1824.57275.34-79.937.2711.863.643.80––
18.5818.5819.7819.7819.7819.7821.2522.0322.3127.2927.2927.2927.2927.2927.2927.29
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales VGP generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue VGP retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare VGP's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares VGP has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against VGP's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

VGP stock margins

The VGP margin analysis displays the gross margin, EBIT margin, as well as the profit margin of VGP. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for VGP.

  • 3 Years

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
85.61 %
-34.86 %
1,254.95 %
Jan 1, 2021
85.08 %
-46.12 %
1,468.88 %
Jan 1, 2022
82.08 %
32.54 %
-144.53 %
Jan 1, 2023
82.88 %
36.52 %
76.76 %
Jan 1, 2024
86.35 %
30.76 %
236.39 %
Jan 1, 2025 (e)
86.35 %
52.77 %
174.55 %
Jan 1, 2026 (e)
86.35 %
52.77 %
147.74 %
Jan 1, 2027 (e)
86.35 %
52.77 %
156.33 %

VGP Stock Revenue, EBIT, Earnings per Share

The VGP earnings per share therefore indicates how much revenue VGP has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
1.39 EUR
-0.48 EUR
17.46 EUR
Jan 1, 2021
2.01 EUR
-0.93 EUR
29.51 EUR
Jan 1, 2022
3.80 EUR
1.24 EUR
-5.49 EUR
Jan 1, 2023
4.17 EUR
1.52 EUR
3.20 EUR
Jan 1, 2024
4.45 EUR
1.37 EUR
10.52 EUR
Jan 1, 2025 (e)
2.75 EUR
1.45 EUR
4.80 EUR
Jan 1, 2026 (e)
3.40 EUR
1.79 EUR
5.02 EUR
Jan 1, 2027 (e)
3.57 EUR
1.88 EUR
5.58 EUR

VGP business model & stock analysis

The company VGP NV is a renowned European developer, owner, and operator of high-quality commercial properties. It is headquartered in Belgium and was founded in 1998 by Jan Van Geet. Since then, the company has continuously grown and has become a significant player in the European real estate market. VGP's business model is based on offering first-class logistics and industrial areas in prime locations. The company operates as a developer and operator of commercial properties that meet the highest standards and are tailored to the specific needs of its customers. The target audience mainly includes logistics and production companies, as well as retailers and service providers. VGP divides its business activities into three segments: rental, development, and sale of commercial properties. Each of these divisions is aimed at meeting the needs and requirements of customers optimally. In the rental segment, VGP offers long-term leases for commercial properties. Customers benefit from state-of-the-art technologies and infrastructures, as well as flexible space solutions that meet their specific requirements. VGP currently operates a total of 75 commercial properties in Europe, 54 of which are in its own portfolio. The development segment is focused on meeting customer requirements to the best possible extent. VGP places particular emphasis on customized planning and realization of commercial properties that meet the highest standards. The company also pays special attention to the environmental friendliness of its buildings to enable sustainable and environmentally friendly work. In the sale segment, VGP develops and builds high-quality properties to subsequently sell them to third-party investors. The focus is on maximizing the profitability of the properties without compromising on quality. VGP offers its customers a wide range of commercial properties, including logistic areas, industrial properties, offices, and retail spaces. The company relies on prime locations and infrastructure to provide customers with the best possible service. Overall, VGP is a Europe-wide real estate developer whose business model is based on quality, flexibility, and sustainability. With a portfolio of 54 own commercial properties and continuous growth, the company is well positioned to continue to be successful in the future.

VGP SWOT Analysis

Strengths

VGP NV possesses several strengths that contribute to its success:

  • Strong market position with a diversified portfolio
  • Solid financial performance and stable revenue streams
  • Strong expertise in real estate development and management
  • Well-established brand reputation and recognition
  • Strong relationships with key stakeholders and partners

Weaknesses

VGP NV also faces some weaknesses that could hinder its growth:

  • Strong dependence on the European market
  • Relatively high level of outstanding debt
  • Limited presence in certain geographic regions
  • Vulnerability to economic downturns and market fluctuations

Opportunities

There are several opportunities that VGP NV can capitalize on:

  • Growing demand for industrial and logistics properties
  • Expansion into new markets and geographic regions
  • Integration of sustainable and energy-efficient solutions
  • Partnerships or joint ventures with strategic allies
  • Investments in technological innovation to improve efficiency

Threats

VGP NV must also be aware of potential threats that could impact its business:

  • Intense competition from other real estate developers
  • Economic and political instability in target markets
  • Stringent regulations and compliance requirements
  • Fluctuating interest rates and borrowing costs
  • Global economic downturns and market uncertainties

VGP Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

VGP historical P/E ratio, EBIT multiple, and P/S ratio

VGP annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

VGP shares outstanding

The number of shares of VGP was 27.29 M in 2025. This indicates how many shares VGP is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
21.25 M Stocks
Jan 1, 2021
22.03 M Stocks
Jan 1, 2022
22.31 M Stocks
Jan 1, 2023
27.29 M Stocks
Jan 1, 2024
27.29 M Stocks
Jan 1, 2025 (e)
27.29 M Stocks
Jan 1, 2026 (e)
27.29 M Stocks
Jan 1, 2027 (e)
27.29 M Stocks

VGP Dividend History

14 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20253.30EUR↑ 11.9%1×
May 21, 20253.30EUR↑ 11.9%1/1
20242.95EUR↑ 7.3%1×
20232.75EUR↓ 79.9%1×
202213.70EUR↑ 275.3%2×
20213.65EUR↑ 24.6%1×
20202.93EUR↑ 33.2%1×
20192.20EUR↑ 15.8%1×
20181.90EUR↑ 75.9%1×
20171.08EUR↑ 163.4%1×
20140.41EUR↑ 6.4%1×

VGP dividend history and estimates

In 2025, VGP paid a dividend amounting to 3.30 EUR. Dividend means that VGP distributes a portion of its profits to its owners.

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  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2020
2.93 EUR
0.00 EUR
0.00 EUR
Jan 1, 2021
3.65 EUR
0.00 EUR
0.00 EUR
Jan 1, 2022
13.70 EUR
0.00 EUR
0.00 EUR
Jan 1, 2023
2.75 EUR
0.00 EUR
0.00 EUR
Jan 1, 2024
2.95 EUR
0.00 EUR
1.01 EUR
Jan 1, 2025
3.30 EUR
0.00 EUR
0.00 EUR
Jan 1, 2026 (e)
0.00 EUR
3.42 EUR
0.00 EUR
Jan 1, 2027 (e)
0.00 EUR
3.55 EUR
0.00 EUR

VGP dividend payout ratio

In 2025, VGP had a payout ratio of 68.71%. The payout ratio indicates the percentage of the company's profits that VGP distributes as dividends.

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
15.77 %
Jan 1, 2021
11.62 %
Jan 1, 2022
-241.89 %
Jan 1, 2023
85.98 %
Jan 1, 2024
28.05 %
Jan 1, 2025 (e)
68.71 %
Jan 1, 2026 (e)
68.13 %
Jan 1, 2027 (e)
63.59 %

Current VGP forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
5.99 %
Buy
62.50 % (10)
Hold
25.00 % (4)
Sell
12.50 % (2)
12M Price Target
117.30
Last Price
85.60
Currency
EUR
12M Return Potential
37.03 %
LTM Return
0 %

EESG©

Eulerpool ESG Scorecard© for the VGP stock

88/100
99
Environment
99
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions742
Scope 2 - Indirect emissions from purchased energy264
Scope 3 - Indirect emissions within the value chain203,254
Total CO₂ emissions1,006
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees40
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

VGP shareholder structure

% Name
1.68861%
Janus Henderson Investors
Janus Henderson Investors
1.68217%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.89739%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
0.72185%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.71703%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.61355%
AXA Real Estate Investment Managers SGP
AXA Real Estate Investment Managers SGP
...

VGP Beneficial Ownership Filings (SEC 13D/G)

Free Float
48.7%
Float Shares
-
Shares Outstanding
-

VGP Executives and Management Board

11 members · avg. age 54 · 18 % women

MV

Mr. Martijn Vlutters (46)

Vice President - Business Development and Investor Relations

4.47 M EUR

Management

MM

Mr. Miquel-David Martinez (47)

Chief Technical Officer - Eastern Europe

4.47 M EUR
MS

Mr. Matthias Sander (55)

Chief Operating Officer - Eastern Europe

4.47 M EUR
TG

Mr. Tomas Van Geet (49)

Chief Commercial Officer

4.47 M EUR
JW

Mr. Jonathan Watkins (50)

Chief Operating Officer - Western Europe

4.47 M EUR
JG

Mr. Jan Van Geet (54)

Chief Executive Officer, Executive Director, Representing Jan Van Geet s.r.o · since 2008

85,000.00 EUR
PG

Mr. Piet Van Geet (40)

Chief Financial Officer

–

Board of Directors

BM

Mr. Bart Van Malderen (59)

Non-Executive Chairman of the Board, Representing VM Invest NV · since 2017

99,000.00 EUR
AG

Ms. Ann Gaeremynck (59)

Non-Executive Independent Director

99,000.00 EUR
VG

Mrs. Vera Gaede-Butzlaff (71)

Non-Executive Independent Director

93,000.00 EUR

VGP Supply Chain

VGP Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#Nameβ 1YTrend
1
Allianz
Supplier·Customer·Insurance·DE
0.19
0.79
0.80
0.58
0.33
0.53
0.26

Frequently asked questions about VGP

The business model of VGP NV is focused on the development, management, and leasing of high-quality logistics and semi-industrial real estate. VGP NV aims to provide flexible and tailor-made solutions to its clients, offering industrial parks strategically located in key logistics hubs across Europe. By partnering with renowned international companies, VGP NV ensures the creation of modern and sustainable industrial spaces that meet the evolving needs of the logistics and manufacturing sectors. With a strong emphasis on customer satisfaction and long-term value creation, VGP NV continues to drive growth and deliver attractive returns for its investors.

VGP NV is primarily active in the real estate industry, specifically specializing in the development, rental, and management of high-quality logistics and semi-industrial real estate. With a focus on prime locations in Europe, VGP NV serves a wide range of industries including e-commerce, logistics, manufacturing, and distribution. VGP NV’s innovative and flexible approach caters to the unique needs of its clients, providing customized and sustainable solutions. As a leader in the sector, VGP NV continually aims to expand its portfolio, develop new projects, and deliver value to its stakeholders.

The main competitors of VGP NV in the market include Prologis, Segro, GLP, and Logicor.

VGP NV is a leading international real estate group specializing in the development and management of high-quality logistics and semi-industrial real estate. Founded in 1998, the company is headquartered in Belgium and operates across thirteen countries in Europe, including Germany, Czech Republic, and Spain. VGP NV has a rich history of consistent growth and has successfully built a strong portfolio of modern warehouse and production facilities. With its expertise in property development, the company has established strong relationships with key tenants and remains committed to delivering sustainable solutions that meet the evolving needs of the logistics and industrial sectors.

VGP NV, a renowned stock company, has accomplished several notable milestones. Firstly, it has achieved remarkable growth by expanding its portfolio of high-quality logistics and semi-industrial real estate assets across Europe. Secondly, VGP NV has successfully listed on the Euronext Brussels stock exchange, reinforcing its market position and attracting investor interest. Thirdly, it has achieved significant financial success, posting consistent revenue and profit growth over the years. Lastly, VGP NV has strengthened its global presence by launching operations in key markets like Germany, Spain, and the United States, solidifying its position as a leading player in the industry.

VGP NV is primarily present in various countries and regions worldwide. The company operates in countries such as Belgium, the Czech Republic, Slovakia, Germany, Hungary, Spain, the Netherlands, and Romania. With a strong foothold in these markets, VGP NV continues to expand its reach and explore new opportunities for growth.

VGP NV represents a set of core values and corporate philosophy that drives its operations. The company believes in fostering long-term relationships with its stakeholders by upholding honesty, integrity, and transparency in all its dealings. VGP NV strives for excellence in its real estate development projects, ensuring the highest quality standards and sustainability practices. The company aims to create value for its shareholders through a growth-oriented approach, while also providing innovative solutions to its customers' needs. With a commitment to delivering superior results, VGP NV embraces a collaborative and customer-centric mindset, ensuring the success and satisfaction of all parties involved.

Analysts currently set an average price target of 112.10 EUR for the VGP stock (median: 117.30 EUR), implying +31.0 % versus the latest price. The consensus is based on 16 analyst ratings.

VGP Analyst Price Targets 2026

16 analysts currently rate the VGP stock: 10 recommend buying, 4 holding and 2 selling. For 2026, analysts expect VGP to generate revenue of 92.78 M EUR and earnings per share of 5.02 EUR.

VGP Analyst Price Targets 2026

The VGP share (VGP.BR) is listed on 8 stock exchanges, including: Frankfurt (4V1.F), München (4V1.MU), Düsseldorf (4V1.DU), London (0HM0.L), London (0HM0.L).

VGP NV is a significant company in the real estate development sector, specializing in the development of commercial and industrial parks in Europe. Founded in 1998, the company is headquartered in Belgium. VGP focuses on three main segments: rental of logistics properties, development of commercial parks, and rental of real estate. The company offers a wide range of high-quality and modern warehouse and logistics spaces for long-term leases, tailored to individual customer requirements. VGP also develops commercial parks that provide various facilities such as offices, storage spaces, retail stores, and restaurants. They aim to offer top-notch properties with advanced technology and infrastructure to add value for their customers. The company follows a geographic diversification strategy and has a strong presence in Europe, with projects in Belgium, Germany, Spain, Italy, Portugal, Romania, and other countries. In summary, VGP's business model focuses on the development of turnkey commercial and industrial parks, offering a diverse range of products and services to cater to customer needs while minimizing risks and maximizing sustainable returns through geographic diversification.

The expected revenue of VGP is 92.78 M EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of VGP is 137.08 M EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of VGP is currently 17.04. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the VGP stock.

The price-to-sales ratio (P/S) of VGP is currently 25.18. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the VGP stock.

The Eulerpool Quality Score for VGP is 5/10.

The ISIN of VGP is BE0003878957. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of VGP is A0M8Y5. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of VGP is VGP.BR. The ticker symbol is used to trade VGP shares on the stock exchange.

Over the past 12 months, VGP paid a dividend of 2.95 EUR . This corresponds to a dividend yield of about 3.45 %. For the coming 12 months, VGP is expected to pay a dividend of 3.55 EUR.

The current dividend yield of VGP is 3.45 %.

VGP pays a dividend, distributed in the months of , , , .

VGP paid dividends every year for the past 9 years.

For the upcoming 12 months, dividends amounting to 3.55 EUR are expected. This corresponds to a dividend yield of 4.15 %.

VGP is assigned to the 'Real Estate' sector.

To receive the latest dividend of VGP from amounting to 3.3 EUR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, VGP distributed 2.95 EUR as dividends.

The dividends of VGP are distributed in EUR.

All fundamentals and in-depth analysis of VGP

Our stock analysis for VGP stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of VGP. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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