Henri Velge - NV Bekaert Member of the Board of Directors

BEKB Stock  EUR 33.34  0.66  1.94%   

Director

Mr. Henri Jean Velge was NonExecutive Director of NV Bekaert SA since May 11, 2016. He started his career in 1981 at Shell as Wellsite petroleum Engineer. He moved to Brunei in 1982 as Operations Manager and resigned from Shell in 1985 to obtain a MBA program. In 1987 Mr. Velge joined Bekaert as Executive Director of Industrias Chilenas de Alambre . In 1991 he moved to the United States and became Corporationrationrate Vice President Wire Americas in June 1994. In 2001 he was appointed Executive Vice President and became member of the Bekaert Group Executive, responsible for the global wire activities. From 2013 till mid 2014 Mr. Velge was responsible for all the business platforms since 2016.
Age 62
Tenure 8 years
Professional MarksMBA
Phone32 5 676 61 00
Webhttps://www.bekaert.com
Velge obtained an ElectroMechanical Engineering degree from the Katholieke Universiteit Leuven and an MBA at IMD.

NV Bekaert Management Efficiency

The company has return on total asset (ROA) of 0.0664 % which means that it generated a profit of $0.0664 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.227 %, meaning that it generated $0.227 on every $100 dollars invested by stockholders. NV Bekaert's management efficiency ratios could be used to measure how well NV Bekaert manages its routine affairs as well as how well it operates its assets and liabilities.
NV Bekaert SA has accumulated 953.58 M in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. NV Bekaert SA has a current ratio of 1.52, which is within standard range for the sector. Debt can assist NV Bekaert until it has trouble settling it off, either with new capital or with free cash flow. So, NV Bekaert's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NV Bekaert SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BEKB to invest in growth at high rates of return. When we think about NV Bekaert's use of debt, we should always consider it together with cash and equity.

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NV Bekaert SA provides steel wire transformation and coating technologies worldwide. NV Bekaert SA was founded in 1880 and is headquartered in Zwevegem, Belgium. BEKAERT operates under Metal Fabrication classification in Belgium and is traded on Brussels Stock Exchange. It employs 238 people. NV Bekaert SA (BEKB) is traded on Euronext Brussels in Belgium and employs 27,000 people.

Management Performance

NV Bekaert SA Leadership Team

Elected by the shareholders, the NV Bekaert's board of directors comprises two types of representatives: NV Bekaert inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BEKB. The board's role is to monitor NV Bekaert's management team and ensure that shareholders' interests are well served. NV Bekaert's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NV Bekaert's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruno Cluydts, Senior Vice President Strategical Projects BBRG
Jun Liao, Executive Vice President North Asia, Member of the Group Executive
Steven Parewyck, Senior Vice President Latin America
Gunter Craen, Chief Officer
Geert Voet, Chief Operations Officer Ropes BBRG
Zhigao Yu, Senior Vice President Technology Rubber Reinforcement
Hubert Merlen, Member of the Board of Directors
Dirk Moyson, Senior Vice President Global Operations Rubber Reinforcement
Jurgen Tinggren, Independant Chairman of the Board
Henri Velge, Member of the Board of Directors
Yves Kerstens, COO Buses
Taoufiq Boussaid, Chief Financial Officer, Member of the Executive Board
Curd Vandekerckhove, Member of the Group Executive, Executive Vice President Regional Operations - North Asia and South East Asia
Katelijn Bohez, Chief Communications & IR Officer
Tom Hautekiet, Senior Vice President Building Products
Mei Ye, Non-Executive Independent Director
Caroline Storme, Non-Executive Director
Arnaud Lesschaeve, Divisional CEO Rubber Reinforcement
Rajita DSouza, Chief Human Resource Officer, Member of the Group Executive
Philip Eyskens, Group Legal Counsel and Senior Vice President Legal, IT and M&A
Kerstin Artenberg, Chief Officer
Patrick Louwagie, Senior Vice President Global Engineering
Oswald Schmid, Interim Chief Executive Officer
Luc Vankemmelbeke, Senior Vice President Industrial Products & Specialty Steel Wire Europe
Isabelle Vekens, Company Secretary
Jan Boelens, Senior Vice President Industrial Products & Specialty Steel Wire Europe
Piet Riet, Executive Vice President Industrial and Specialty Products Platform, Marketing, Customer Excellence and Group Business Development, Member of the Group Executive
Colin Smith, Non-Executive Independent Director
Gregory Dalle, Member of the Board of Directors
Stijn Vanneste, Executive Vice President Europe, South Asia and South East Asia, Member of the Group Executive
Juan Alonso, Chief Strategy Officer
Raf Rentmeesters, Senior Vice President Strategy & Marketing Steel Wire Solutions

BEKB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NV Bekaert a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with NV Bekaert

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NV Bekaert position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NV Bekaert will appreciate offsetting losses from the drop in the long position's value.

Moving together with BEKB Stock

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The ability to find closely correlated positions to NV Bekaert could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NV Bekaert when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NV Bekaert - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NV Bekaert SA to buy it.
The correlation of NV Bekaert is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NV Bekaert moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NV Bekaert SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NV Bekaert can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for BEKB Stock Analysis

When running NV Bekaert's price analysis, check to measure NV Bekaert's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NV Bekaert is operating at the current time. Most of NV Bekaert's value examination focuses on studying past and present price action to predict the probability of NV Bekaert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NV Bekaert's price. Additionally, you may evaluate how the addition of NV Bekaert to your portfolios can decrease your overall portfolio volatility.