VONOVIA SE (VNA.DE) Stock Fundamental Analysis
Europe - FRA:VNA - DE000A1ML7J1 - Common Stock
26.05 EUR
+0.27 (+1.05%)
VNA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 71 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. VNA is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
VNA had positive earnings in the past year.
VNA had a positive operating cash flow in the past year.
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
With a Return On Assets value of 0.42%, VNA perfoms like the industry average, outperforming 45.07% of the companies in the same industry.
Looking at the Return On Equity, with a value of 1.57%, VNA is in line with its industry, outperforming 47.89% of the companies in the same industry.
VNA has a Return On Invested Capital of 1.65%. This is comparable to the rest of the industry: VNA outperforms 50.70% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VNA is in line with the industry average of 3.69%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 1.57% | ||
| ROIC | 1.65% |
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's Profit Margin of 7.23% is in line compared to the rest of the industry. VNA outperforms 57.75% of its industry peers.
With a decent Operating Margin value of 36.79%, VNA is doing good in the industry, outperforming 66.20% of the companies in the same industry.
In the last couple of years the Operating Margin of VNA has declined.
VNA's Gross Margin of 68.02% is in line compared to the rest of the industry. VNA outperforms 59.15% of its industry peers.
In the last couple of years the Gross Margin of VNA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.79% | ||
| PM (TTM) | 7.23% | ||
| GM | 68.02% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
The debt/assets ratio for VNA is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.62, we must say that VNA is in the distress zone and has some risk of bankruptcy.
VNA's Altman-Z score of 0.62 is on the low side compared to the rest of the industry. VNA is outperformed by 67.61% of its industry peers.
VNA has a debt to FCF ratio of 18.30. This is a negative value and a sign of low solvency as VNA would need 18.30 years to pay back of all of its debts.
VNA has a Debt to FCF ratio (18.30) which is in line with its industry peers.
A Debt/Equity ratio of 1.53 is on the high side and indicates that VNA has dependencies on debt financing.
The Debt to Equity ratio of VNA (1.53) is worse than 78.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 18.3 | ||
| Altman-Z | 0.62 |
ROIC/WACC0.5
WACC3.3%
2.3 Liquidity
VNA has a Current Ratio of 0.74. 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's Current ratio of 0.74 is on the low side compared to the rest of the industry. VNA is outperformed by 71.83% of its industry peers.
A Quick Ratio of 0.53 indicates that VNA may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.53, VNA is doing worse than 66.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 92.54% over the past year.
VNA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.13% yearly.
Looking at the last year, VNA shows a small growth in Revenue. The Revenue has grown by 4.87% in the last year.
Measured over the past years, VNA shows a decrease in Revenue. The Revenue has been decreasing by -6.20% on average per year.
EPS 1Y (TTM)92.54%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%231.52%
Revenue 1Y (TTM)4.87%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-33.85%
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 Y39.69%
EPS Next 2Y23.32%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue Next Year6.4%
Revenue Next 2Y5.58%
Revenue Next 3Y5.22%
Revenue Next 5Y-1.88%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.14, the valuation of VNA can be described as reasonable.
81.69% of the companies in the same industry are more expensive than VNA, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.46. VNA is valued rather cheaply when compared to this.
VNA is valuated reasonably with a Price/Forward Earnings ratio of 11.12.
Based on the Price/Forward Earnings ratio, VNA is valued cheaply inside the industry as 80.28% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of VNA to the average of the S&P500 Index (35.39), we can say VNA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 11.12 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VNA.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VNA indicates a somewhat cheap valuation: VNA is cheaper than 67.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.39 | ||
| EV/EBITDA | 25.91 |
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.
VNA's earnings are expected to grow with 17.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)0.43
EPS Next 2Y23.32%
EPS Next 3Y17.39%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.83%, VNA is a good candidate for dividend investing.
VNA's Dividend Yield is rather good when compared to the industry average which is at 7.66. VNA pays more dividend than 80.28% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, VNA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.83% |
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
170.72% of the earnings are spent on dividend by VNA. This is not a sustainable payout ratio.
DP170.72%
EPS Next 2Y23.32%
EPS Next 3Y17.39%
FRA:VNA (11/19/2025, 7:00:00 PM)
26.05
+0.27 (+1.05%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners57.02%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.90B
Revenue(TTM)5.25B
Net Income(TTM)379.10M
Analysts73.57
Price Target35.36 (35.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.83% |
Yearly Dividend0.31
Dividend Growth(5Y)-4.09%
DP170.72%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.43%
Min EPS beat(2)0.69%
Max EPS beat(2)54.17%
EPS beat(4)3
Avg EPS beat(4)-23.25%
Min EPS beat(4)-165.18%
Max EPS beat(4)54.17%
EPS beat(8)5
Avg EPS beat(8)-22.64%
EPS beat(12)8
Avg EPS beat(12)-15.02%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)51.42%
Min Revenue beat(2)51.27%
Max Revenue beat(2)51.56%
Revenue beat(4)4
Avg Revenue beat(4)53.6%
Min Revenue beat(4)51.27%
Max Revenue beat(4)57.46%
Revenue beat(8)7
Avg Revenue beat(8)44.97%
Revenue beat(12)11
Avg Revenue beat(12)52.07%
Revenue beat(16)15
Avg Revenue beat(16)80.45%
PT rev (1m)-0.14%
PT rev (3m)0.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.02%
EPS NY rev (1m)0.95%
EPS NY rev (3m)2.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.11%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 11.12 | ||
| P/S | 4.17 | ||
| P/FCF | 9.39 | ||
| P/OCF | 7.65 | ||
| P/B | 0.91 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 25.91 |
EPS(TTM)2.85
EY10.94%
EPS(NY)2.34
Fwd EY8.99%
FCF(TTM)2.77
FCFY10.65%
OCF(TTM)3.41
OCFY13.08%
SpS6.24
BVpS28.77
TBVpS27.07
PEG (NY)0.23
PEG (5Y)0.43
Graham Number42.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 1.57% | ||
| ROCE | 2.35% | ||
| ROIC | 1.65% | ||
| ROICexc | 1.7% | ||
| ROICexgc | 1.73% | ||
| OM | 36.79% | ||
| PM (TTM) | 7.23% | ||
| GM | 68.02% | ||
| FCFM | 44.45% |
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-Score6
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 18.3 | ||
| Debt/EBITDA | 15.54 | ||
| Cap/Depr | 117.79% | ||
| Cap/Sales | 10.14% | ||
| Interest Coverage | 2.24 | ||
| Cash Conversion | 120.25% | ||
| Profit Quality | 615.17% | ||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 0.62 |
F-Score6
WACC3.3%
ROIC/WACC0.5
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)92.54%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%231.52%
EPS Next Y39.69%
EPS Next 2Y23.32%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue 1Y (TTM)4.87%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-33.85%
Revenue Next Year6.4%
Revenue Next 2Y5.58%
Revenue Next 3Y5.22%
Revenue Next 5Y-1.88%
EBIT growth 1Y-17.4%
EBIT growth 3Y-37.44%
EBIT growth 5Y-16.45%
EBIT Next Year11.04%
EBIT Next 3Y9.73%
EBIT Next 5YN/A
FCF growth 1Y92.2%
FCF growth 3Y9.27%
FCF growth 5Y5.54%
OCF growth 1Y46.41%
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 3 / 10 to VNA.DE.
Can you provide the valuation status for VONOVIA SE?
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 4 / 10.
Can you provide the expected EPS growth for VNA stock?
The Earnings per Share (EPS) of VONOVIA SE (VNA.DE) is expected to grow by 39.69% in the next year.
Can you provide the dividend sustainability for VNA stock?
The dividend rating of VONOVIA SE (VNA.DE) is 5 / 10 and the dividend payout ratio is 170.72%.