{"id":572690,"date":"2026-08-03T03:24:12","date_gmt":"2026-08-03T03:24:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/572690\/"},"modified":"2026-08-03T03:24:12","modified_gmt":"2026-08-03T03:24:12","slug":"financiere-de-tubize-enxtbrtub-after-half-year-earnings-is-the-stock-now-too-pricey","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/572690\/","title":{"rendered":"Financi\u00e8re de Tubize (ENXTBR:TUB) After Half Year Earnings Is The Stock Now Too Pricey"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/simplywall.st\/discover\/investing-ideas?utm_medium=finance_user&amp;utm_campaign=investing_ideas_head_cta&amp;utm_source=yahoo&amp;blueprint=4686142\" data-ylk=\"slk:Find%20winning%20stocks;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Find winning stocks&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Find winning stocks<\/a> in any market cycle. Join 7 million investors using Simply Wall St&#8217;s investing ideas for FREE.  <\/p>\n<p>        Recent earnings update and what it means for Financi\u00e8re de Tubize stock          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Financi\u00e8re de Tubize (ENXTBR:TUB) recently reported half year 2026 net income of \u20ac100.76 million compared with \u20ac95.57 million a year earlier, drawing fresh attention to how the holding company&#8217;s earnings feed into its current valuation.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/1f861c87-9d21-4d94-a2a9-ef6f63a56610?utm_medium=finance_user&amp;utm_campaign=cta_company_latest_analysis&amp;utm_source=yahoo\" data-ylk=\"slk:See%20our%20latest%20analysis%20for%20Financi%C3%A8re%20de%20Tubize.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;See our latest analysis for Financi\u00e8re de Tubize.&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">See our latest analysis for Financi\u00e8re de Tubize.<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The latest half year earnings have come at a time when Financi\u00e8re de Tubize&#8217;s share price has been under pressure, with the 30-day share price return down 13.24% and the year to date share price return down 8.06%. However, the 1-year total shareholder return is 33.37% and the 3-year total shareholder return is 175.55%, which points to strong longer term gains despite recent weakness.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If this earnings update has you thinking about where else to put fresh capital to work, it could be a good moment to scan opportunities through the <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/434426\/healthcare-ai\/global?utm_medium=finance_user&amp;utm_campaign=cta_screener_healthcare_ai&amp;utm_source=yahoo&amp;blueprint=4686142\" data-ylk=\"slk:128%20healthcare%20AI%20stocks;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;128 healthcare AI stocks&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">128 healthcare AI stocks<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Financi\u00e8re de Tubize has given investors a mix of recent share price weakness and strong multi year returns. The key issue now is whether most of the upside is already behind the stock or still ahead, as valuation comes into focus.  <\/p>\n<p>        Price-to-earnings of 92.6x for Financi\u00e8re de Tubize, is it justified?          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">On the latest figures, Financi\u00e8re de Tubize trades on a P\/E of 92.6x, which sits against a last close price of \u20ac194 and clearly points to a rich earnings multiple compared with peers.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The P\/E ratio compares the company&#8217;s share price with its earnings per share and is a common way investors gauge how much they are paying for each unit of current earnings. For a holding company like Financi\u00e8re de Tubize that primarily owns a stake in UCB, a very high P\/E can indicate that the market is putting a strong value on the quality or stability of those earnings rather than on rapid growth.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Here, the 92.6x P\/E is much higher than both the European pharmaceuticals industry average of 20.8x and the peer average of 25.6x. That kind of premium suggests investors are willing to pay several times more than the sector for each euro of earnings, even though earnings have declined on average over the past five years and recent growth has not outpaced the wider pharmaceuticals group.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/1f861c87-9d21-4d94-a2a9-ef6f63a56610\/valuation?utm_medium=finance_user&amp;utm_campaign=alternate_preferred_multiple_cta&amp;utm_source=yahoo\" data-ylk=\"slk:See%20what%20the%20numbers%20say%20about%20this%20price%20%E2%80%94%20find%20out%20in%20our%20valuation%20breakdown.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;See what the numbers say about this price \u2014 find out in our valuation breakdown.&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">See what the numbers say about this price \u2014 find out in our valuation breakdown.<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Result: Price-to-earnings of 92.6x (OVERVALUED)  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">However, there are clear risks if Financi\u00e8re de Tubize&#8217;s high P\/E multiple contracts, or if UCB&#8217;s fundamentals weaken, or if sentiment toward the healthcare sector worsens.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/1f861c87-9d21-4d94-a2a9-ef6f63a56610?utm_medium=finance_user&amp;utm_campaign=risks_narrative_cta&amp;utm_source=yahoo\" data-ylk=\"slk:Find%20out%20about%20the%20key%20risks%20to%20this%20Financi%C3%A8re%20de%20Tubize%20narrative.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Find out about the key risks to this Financi\u00e8re de Tubize narrative.&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Find out about the key risks to this Financi\u00e8re de Tubize narrative.<\/a>  <\/p>\n<p>       Another view on Financi\u00e8re de Tubize&#8217;s value         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Alongside the rich 92.6x P\/E, the Simply Wall St DCF model points to a future cash flow value of \u20ac30.69 per share compared with the current \u20ac194 price. That suggests Financi\u00e8re de Tubize trades well above this estimate. The real question is which signal you trust more when you think about risk.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.simplywall.st\/company\/id\/1f861c87-9d21-4d94-a2a9-ef6f63a56610\/valuation?utm_medium=finance_user&amp;utm_campaign=alternate_dcf_cta&amp;utm_source=yahoo\" data-ylk=\"slk:Look%20into%20how%20the%20SWS%20DCF%20model%20arrives%20at%20its%20fair%20value.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Look into how the SWS DCF model arrives at its fair value.&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Look into how the SWS DCF model arrives at its fair value.<\/a>  <\/p>\n<p>   <a href=\"https:\/\/www.simplywall.st\/\/company\/id\/1f861c87-9d21-4d94-a2a9-ef6f63a56610\/valuation?utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"TUB Discounted Cash Flow as at Aug 2026\" height=\"428\" width=\"960\" class=\"yf-j98iil loader\"\/><\/a> TUB Discounted Cash Flow as at Aug 2026          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (<a href=\"https:\/\/www.simplywall.st\/company\/id\/1f861c87-9d21-4d94-a2a9-ef6f63a56610\/valuation?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo\" data-ylk=\"slk:check%20out%20Financi%C3%A8re%20de%20Tubize%20for%20example;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;check out Financi\u00e8re de Tubize for example&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">check out Financi\u00e8re de Tubize for example<\/a>). We show the entire calculation in full. You can track the result in your <a href=\"https:\/\/simplywall.st\/features\/stock-watchlist?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4686142\" data-ylk=\"slk:watchlist;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;watchlist&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">watchlist<\/a> or <a href=\"https:\/\/simplywall.st\/features\/portfolio?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4686142\" data-ylk=\"slk:portfolio;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;portfolio&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">portfolio<\/a> and be alerted when this changes, or use our stock screener to discover <a href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/473076\/high-quality-undervalued-stocks\/global?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4686142\" data-ylk=\"slk:259%20high%20quality%20undervalued%20stocks;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;259 high quality undervalued stocks&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">259 high quality undervalued stocks<\/a>. If you <a href=\"https:\/\/simplywall.st\/features\/stock-screener?utm_medium=finance_user&amp;utm_campaign=dcf_cta&amp;utm_source=yahoo&amp;blueprint=4686142\" data-ylk=\"slk:save%20a%20screener;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;save a screener&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">save a screener<\/a> we even alert you when new companies match &#8211; so you never miss a potential opportunity.  <\/p>\n<p>          Next Steps         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If this mix of rich valuation signals and highlighted risks around Financi\u00e8re de Tubize leaves you unsure, act quickly and review the full picture yourself. To see exactly what could be weighing on sentiment, take a closer look at the <a href=\"https:\/\/www.simplywall.st\/stocks\/be\/pharmaceuticals-biotech\/ebr-tub\/financiere-de-tubize-shares?utm_medium=finance_user&amp;utm_campaign=cta_risks_analysis&amp;utm_source=yahoo\" data-ylk=\"slk:3%20important%20warning%20signs;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;3 important warning signs&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">3 important warning signs<\/a>.  <\/p>\n<p>       Looking for more investment ideas beyond Financi\u00e8re de Tubize?         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If Financi\u00e8re de Tubize has sharpened your eye for valuation and risk, do not stop here. Broaden your watchlist now so you are not late to the next opportunity.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Companies discussed in this article include <a href=\"https:\/\/finance.yahoo.com\/quote\/TUB.BR\" data-ylk=\"slk:TUB.BR;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;TUB.BR&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"nofollow noopener\">TUB.BR<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Have feedback on this article? Concerned about the content? <a href=\"https:\/\/investor-research.typeform.com\/to\/wvg6MFri#feedback_token=NDY4NjE0Mjo0ZjE3ZjY4ZTk4ZWY4ODBh&amp;company=ENXTBR:TUB&amp;blueprintid=4686142\" data-ylk=\"slk:Get%20in%20touch;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Get in touch&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Get in touch<\/a> with us directly. Alternatively, email <a href=\"https:\/\/uk.finance.yahoo.com\/news\/mailto:editorial-team@simplywallst.com?subject=Re%3A%20Your%20article%20on%20ENXTBR%3ATUB%20(yahoo)%20from%203rd%20August%202026\" data-ylk=\"slk:editorial-team%40simplywallst.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;editorial-team@simplywallst.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">editorial-team@simplywallst.com<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St&#8217;s investing ideas for&hellip;\n","protected":false},"author":2,"featured_media":572691,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,15586,85,46,13132,56414,259018],"class_list":["post-572690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-earnings-per-share","tag-il","tag-israel","tag-share-price","tag-total-shareholder-return","tag-tubize"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/572690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=572690"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/572690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/572691"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=572690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=572690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=572690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}