(VGP) VGP - Ratings and Ratios

VGP NV is a Belgium-based real estate company with a strong focus on logistics and semi-industrial properties. Established in 1998, VGP operates across 14 European countries, including key markets like Germany, France, Spain, and Italy. The company specializes in developing and managing logistics parks and industrial facilities, catering primarily to tenants involved in storage, distribution, and light manufacturing. VGP also offers a range of value-added services, such as property management, asset management, and facility maintenance, which enhance the operational efficiency of its properties. This integrated approach allows VGP to maintain high occupancy rates and long-term tenant relationships.

From a financial perspective, VGP NV is listed on the Euronext Brussels exchange under the ticker symbol VGP. The company has a market capitalization of approximately €2.17 billion and trades with a price-to-earnings (P/E) ratio of 10.98, reflecting its stable earnings profile. The forward P/E of 22.03 suggests that investors expect significant growth in the coming years, driven by VGPs expansion into high-growth markets and its focus on modern, sustainably designed logistics facilities. The price-to-book (P/B) ratio of 0.97 indicates that the stock is reasonably valued relative to its book value, while the price-to-sales (P/S) ratio of 11.45 highlights its premium positioning in the logistics real estate sector. VGPs strategic focus on e-commerce and last-mile logistics, coupled with its robust balance sheet and development pipeline, positions it as a key player in the European industrial real estate market.