InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Vanguard FTSE Europe Shares ETF (VEQ)
  6. Company Financials

Vanguard FTSE Europe Shares ETF (ASX: VEQ) - Financials

Current share price for VEQ : $84.580 0.33 (0.39%)+

Vanguard FTSE Europe Shares ETF (VEQ) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Vanguard FTSE Europe Shares ETF (VEQ) provides low-cost exposure to companies listed in major European markets. The ETF is exposed to the fluctuating values of foreign currencies, as there will not be any hedging of foreign currencies to the Australian dollar.

VEQ Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2024 858.1 ¢ 584.8 ¢ 205.2 ¢ 0% $70.90 0 82.9% 13%
2023 2658.1 ¢ 1303.7 ¢ 157.8 ¢ 0% $66.00 0 32.2% 22.6%
2022 -2127.6 ¢ -755.3 ¢ 178.7 ¢ 0% $54.70 0 0% -12.4%

VEQ Historical Financials

2024 2023 2022
Investment Income ($M) 16.2 4.4 11.6
Other Income ($M) 13.8
Management Expense Ratio (%) 0.7 0.8 0.9
Net Profit Before Abs ($M) 19.1 47.1 -39.3
Net Profit After Abs ($M) 19.1 47.1 -39.3
Shareholders Equity ($M) 232 238.6 284.7
Return on Equity (%) 8.2 19.8 -13.8
Payout Ratio (%) 35 12 -24

VEQ Cashflow

2024 2023 2022
Customer Receipts ($M) 77 114 25
Net Operating Cashflow ($M) 28.1 96.1 -110.7
Net Investing Cashflow ($M)
Net Financing Cashflow ($M) -28 -96 110

VEQ Market & Earnings

2024 2023 2022
Market Cap ($M) 237.3 239.3 288.5
Net Gearing (%) -0.1 -0.1 -0.1
Net Interest Cover (%)
Dividend Yield (%) 2.8 2.4 3.2
NTA Per Share ($) 70.9 66 54.7
EBT Before Abs ($M) 19.1 47.1 -39.3

VEQ Balance Sheet

2024 2023 2022
Cash ($M)0.17 0.13 0.16
Current Investments ($M)
Receivables ($M)2.97 2.67 5.08
Other Current Assets ($M)
Total Current Assets ($M)3.13 2.8 5.24
Non-Current Investments ($M)232.3 239.3 285.3
Property ($M)
Other Non-Current Assets ($M)
Total Non-Current Assets ($M)232.3 239.3 285.3
Total Assets ($M)235.4 242.1 290.6
Creditors ($M)0.41 0.05 1.19
Provisions ($M)3.01 3.48 4.67
Deferred Taxes ($M)
Other Current Liabilities ($M)
Total Current Liabilities ($M)3.42 3.53 5.86
Borrowings ($M)
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M)
Total Liabilities ($M)3.42 3.53 5.86
Shareholders Equity ($M)232 238.6 284.7

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.