Vastned NV (LTS:0ET5) Total Operating Expense: €5.66 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0ET5 Vastned NV LTS:0ET5
61 GF Score
Price €29.70
GF Value €24.76
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Vastned NV Total Operating Expense?

Vastned NV LTS:0ET5 61 Total Operating Expense is €5.66 Mil as of Dec. 2025. GuruFocus rates LTS:0ET5 with a GF Score™ of 61/100 and a GF Value™ of €24.76 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Vastned NV's Total Operating Expense for the six months ended in Dec. 2025 was €2.95 Mil. Vastned NV's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was €5.66 Mil.


Vastned NV Total Operating Expense Related Terms


Vastned NV Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Vastned NV's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vastned NV Total Operating Expense Chart

Vastned NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.33 1.27 1.36 5.66

Vastned NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.66 0.70 2.71 2.95
LTS:0ET5
61GF Score
Vastned NV LTS:0ET5
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vastned NV Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €5.66 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of €5.66 Mil mean?
Vastned NV (LTS:0ET5) has a Total Operating Expense of €5.66 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Vastned NV and its competitors.
Is Vastned NV's Total Operating Expense too high?
Vastned NV's current Total Operating Expense is €5.66 Mil. Overall, Vastned NV has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's Total Operating Expense compare to SPG and O?
Vastned NV's Total Operating Expense of €5.66 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a REITs company?
A good Total Operating Expense depends on the REITs industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Vastned NV and its competitors. Vastned NV's current Total Operating Expense is €5.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.76, compared to a current price of €29.70 — trading 20% above its estimated fair value. The current Total Operating Expense is €5.66 Mil. Vastned NV's overall GF Score™ is 61/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Vastned NV (LTS:0ET5), the current Total Operating Expense is €5.66 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vastned NV (LTS:0ET5) Overvalued in 2026?

Based on GuruFocus' analysis, Vastned NV stock appears to be overvalued. The current stock price of €29.70 is trading 20% above its estimated GF Value™ of €24.76. GuruFocus considers Vastned NV to be Modestly Overvalued.

Key valuation signals for LTS:0ET5:

  • Total Operating Expense: €5.66 Mil
  • GF Value™: €24.76 vs. price of €29.70 (20% above fair value)
  • GF Score™: 61/100 with 9 warning signs

No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vastned NV Business Description

Industry Real EstateREITs
Other Exchanges VASTB:Belgium
Address Generaal Lemanstraat 61, Antwerp, BEL, 2018
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
61GF Score

Get the complete analysis for LTS:0ET5

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.70
Price
€24.76
GF Value