VONOVIA SE (VNA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:VNA - DE000A1ML7J1 - Common Stock
25.33 EUR
-0.16 (-0.63%)
Overall VNA gets a fundamental rating of 4 out of 10. We evaluated VNA against 77 industry peers in the Real Estate Management & Development industry. While VNA is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on VNA.
1. Profitability
1.1 Basic Checks
In the past year VNA was profitable.
In the past year VNA had a positive cash flow from operations.
In multiple years VNA reported negative net income over the last 5 years.
Each year in the past 5 years VNA had a positive operating cash flow.
1.2 Ratios
VNA's Return On Assets of 3.05% is fine compared to the rest of the industry. VNA outperforms 74.67% of its industry peers.
VNA's Return On Equity of 10.73% is amongst the best of the industry. VNA outperforms 88.00% of its industry peers.
With a Return On Invested Capital value of 1.71%, VNA perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
VNA had an Average Return On Invested Capital over the past 3 years of 1.79%. This is below the industry average of 3.89%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 10.73% | ||
| ROIC | 1.71% |
ROA(3y)-2.82%
ROA(5y)-0.23%
ROE(3y)-10.09%
ROE(5y)-2.01%
ROIC(3y)1.79%
ROIC(5y)3.74%
1.3 Margins
VNA has a Profit Margin of 53.84%. This is amongst the best in the industry. VNA outperforms 84.00% of its industry peers.
VNA has a better Operating Margin (39.09%) than 66.67% of its industry peers.
In the last couple of years the Operating Margin of VNA has declined.
The Gross Margin of VNA (68.51%) is better than 64.00% of its industry peers.
VNA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.09% | ||
| PM (TTM) | 53.84% | ||
| GM | 68.51% |
OM growth 3Y-19.15%
OM growth 5Y-10.93%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.19%
GM growth 5Y-5.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VNA is destroying value.
VNA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for VNA has been increased compared to 5 years ago.
VNA has a worse debt/assets ratio than last year.
2.2 Solvency
VNA has an Altman-Z score of 0.65. This is a bad value and indicates that VNA is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of VNA (0.65) is worse than 65.33% of its industry peers.
VNA has a debt to FCF ratio of 21.28. This is a negative value and a sign of low solvency as VNA would need 21.28 years to pay back of all of its debts.
VNA has a Debt to FCF ratio (21.28) which is comparable to the rest of the industry.
VNA has a Debt/Equity ratio of 1.42. This is a high value indicating a heavy dependency on external financing.
VNA has a Debt to Equity ratio of 1.42. This is in the lower half of the industry: VNA underperforms 70.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 21.28 | ||
| Altman-Z | 0.65 |
ROIC/WACC0.52
WACC3.26%
2.3 Liquidity
VNA has a Current Ratio of 0.80. This is a bad value and indicates that VNA is not financially healthy enough and could expect problems in meeting its short term obligations.
VNA has a Current ratio of 0.80. This is in the lower half of the industry: VNA underperforms 65.33% of its industry peers.
VNA has a Quick Ratio of 0.80. This is a bad value and indicates that VNA is not financially healthy enough and could expect problems in meeting its short term obligations.
VNA has a Quick ratio of 0.57. This is in the lower half of the industry: VNA underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
VNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 154.05%, which is quite impressive.
Measured over the past years, VNA shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.13% on average per year.
Looking at the last year, VNA shows a quite strong growth in Revenue. The Revenue has grown by 10.40% in the last year.
The Revenue has been decreasing by -6.20% on average over the past years.
EPS 1Y (TTM)154.05%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%391.23%
Revenue 1Y (TTM)10.4%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-3.64%
3.2 Future
Based on estimates for the next years, VNA will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.39% on average per year.
VNA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.88% yearly.
EPS Next Y47.24%
EPS Next 2Y23.39%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue Next Year8.18%
Revenue Next 2Y4.9%
Revenue Next 3Y4.69%
Revenue Next 5Y-1.88%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.74, the valuation of VNA can be described as very cheap.
VNA's Price/Earnings ratio is rather cheap when compared to the industry. VNA is cheaper than 92.00% of the companies in the same industry.
VNA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
A Price/Forward Earnings ratio of 10.80 indicates a reasonable valuation of VNA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VNA indicates a rather cheap valuation: VNA is cheaper than 81.33% of the companies listed in the same industry.
VNA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.74 | ||
| Fwd PE | 10.8 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VNA.
Based on the Price/Free Cash Flow ratio, VNA is valued a bit cheaper than the industry average as 70.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.62 | ||
| EV/EBITDA | 24.7 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as VNA's earnings are expected to grow with 17.39% in the coming years.
PEG (NY)0.14
PEG (5Y)0.32
EPS Next 2Y23.39%
EPS Next 3Y17.39%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.79%, VNA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.08, VNA pays a bit more dividend than its industry peers.
VNA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
5.2 History
The dividend of VNA decreases each year by -4.09%.
Dividend Growth(5Y)-4.09%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
23.13% of the earnings are spent on dividend by VNA. This is a low number and sustainable payout ratio.
DP23.13%
EPS Next 2Y23.39%
EPS Next 3Y17.39%
FRA:VNA (1/9/2026, 7:00:00 PM)
25.33
-0.16 (-0.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners55.73%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.48B
Revenue(TTM)5.20B
Net Income(TTM)2.80B
Analysts72.59
Price Target34.93 (37.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
Yearly Dividend0.31
Dividend Growth(5Y)-4.09%
DP23.13%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)224.83%
Min EPS beat(2)0.69%
Max EPS beat(2)448.97%
EPS beat(4)3
Avg EPS beat(4)84.66%
Min EPS beat(4)-165.18%
Max EPS beat(4)448.97%
EPS beat(8)5
Avg EPS beat(8)31.23%
EPS beat(12)8
Avg EPS beat(12)22.29%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)51.46%
Min Revenue beat(2)51.27%
Max Revenue beat(2)51.65%
Revenue beat(4)4
Avg Revenue beat(4)52.15%
Min Revenue beat(4)51.27%
Max Revenue beat(4)54.12%
Revenue beat(8)7
Avg Revenue beat(8)45.82%
Revenue beat(12)11
Avg Revenue beat(12)49.45%
Revenue beat(16)15
Avg Revenue beat(16)66.82%
PT rev (1m)-0.89%
PT rev (3m)-1.34%
EPS NQ rev (1m)-0.42%
EPS NQ rev (3m)0.64%
EPS NY rev (1m)4.68%
EPS NY rev (3m)6.4%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)5.54%
Revenue NY rev (3m)1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.74 | ||
| Fwd PE | 10.8 | ||
| P/S | 4.13 | ||
| P/FCF | 10.62 | ||
| P/OCF | 7.94 | ||
| P/B | 0.82 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 24.7 |
EPS(TTM)3.76
EY14.84%
EPS(NY)2.34
Fwd EY9.26%
FCF(TTM)2.39
FCFY9.42%
OCF(TTM)3.19
OCFY12.59%
SpS6.13
BVpS30.76
TBVpS29.06
PEG (NY)0.14
PEG (5Y)0.32
Graham Number51.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 10.73% | ||
| ROCE | 2.43% | ||
| ROIC | 1.71% | ||
| ROICexc | 1.78% | ||
| ROICexgc | 1.82% | ||
| OM | 39.09% | ||
| PM (TTM) | 53.84% | ||
| GM | 68.51% | ||
| FCFM | 38.92% |
ROA(3y)-2.82%
ROA(5y)-0.23%
ROE(3y)-10.09%
ROE(5y)-2.01%
ROIC(3y)1.79%
ROIC(5y)3.74%
ROICexc(3y)1.84%
ROICexc(5y)3.81%
ROICexgc(3y)1.87%
ROICexgc(5y)3.91%
ROCE(3y)2.54%
ROCE(5y)5.31%
ROICexgc growth 3Y-34.18%
ROICexgc growth 5Y-23.42%
ROICexc growth 3Y-33.93%
ROICexc growth 5Y-23.25%
OM growth 3Y-19.15%
OM growth 5Y-10.93%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.19%
GM growth 5Y-5.86%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 21.28 | ||
| Debt/EBITDA | 15.01 | ||
| Cap/Depr | 156.18% | ||
| Cap/Sales | 13.1% | ||
| Interest Coverage | 2.35 | ||
| Cash Conversion | 109.56% | ||
| Profit Quality | 72.29% | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.65 |
F-Score5
WACC3.26%
ROIC/WACC0.52
Cap/Depr(3y)180.71%
Cap/Depr(5y)169.46%
Cap/Sales(3y)9.41%
Cap/Sales(5y)7.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)154.05%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%391.23%
EPS Next Y47.24%
EPS Next 2Y23.39%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue 1Y (TTM)10.4%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-3.64%
Revenue Next Year8.18%
Revenue Next 2Y4.9%
Revenue Next 3Y4.69%
Revenue Next 5Y-1.88%
EBIT growth 1Y-12.88%
EBIT growth 3Y-37.44%
EBIT growth 5Y-16.45%
EBIT Next Year11.08%
EBIT Next 3Y7.83%
EBIT Next 5YN/A
FCF growth 1Y84.61%
FCF growth 3Y9.27%
FCF growth 5Y5.54%
OCF growth 1Y43.98%
OCF growth 3Y9.83%
OCF growth 5Y9.07%
VONOVIA SE / VNA.DE FAQ
What is the ChartMill fundamental rating of VONOVIA SE (VNA.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to VNA.DE.
What is the valuation status of VONOVIA SE (VNA.DE) stock?
ChartMill assigns a valuation rating of 7 / 10 to VONOVIA SE (VNA.DE). This can be considered as Undervalued.
How profitable is VONOVIA SE (VNA.DE) stock?
VONOVIA SE (VNA.DE) has a profitability rating of 5 / 10.
What is the valuation of VONOVIA SE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for VONOVIA SE (VNA.DE) is 6.74 and the Price/Book (PB) ratio is 0.82.
How sustainable is the dividend of VONOVIA SE (VNA.DE) stock?
The dividend rating of VONOVIA SE (VNA.DE) is 6 / 10 and the dividend payout ratio is 23.13%.