VONOVIA SE (VNA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:VNA - DE000A1ML7J1 - Common Stock
24.02 EUR
-0.01 (-0.04%)
We assign a fundamental rating of 4 out of 10 to VNA. VNA was compared to 72 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 scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
The reported net income has been mixed in the past 5 years: VNA reported negative net income in multiple years.
VNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VNA's Return On Assets of 3.05% is fine compared to the rest of the industry. VNA outperforms 73.61% of its industry peers.
With an excellent Return On Equity value of 10.73%, VNA belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
VNA's Return On Invested Capital of 1.71% is in line compared to the rest of the industry. VNA outperforms 51.39% of its industry peers.
VNA had an Average Return On Invested Capital over the past 3 years of 1.79%. This is below the industry average of 3.96%.
| 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
The Profit Margin of VNA (53.84%) is better than 83.33% of its industry peers.
The Operating Margin of VNA (39.09%) is better than 65.28% of its industry peers.
VNA's Operating Margin has declined in the last couple of years.
VNA has a Gross Margin of 68.51%. This is in the better half of the industry: VNA outperforms 62.50% of its industry peers.
In the last couple of years the Gross Margin of VNA has declined.
| 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
VNA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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 0.64, we must say that VNA is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.64, VNA is not doing good in the industry: 69.44% of the companies in the same industry are doing better.
The Debt to FCF ratio of VNA is 21.28, which is on the high side as it means it would take VNA, 21.28 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 21.28, VNA is in line with its industry, outperforming 55.56% of the companies in the same industry.
VNA has a Debt/Equity ratio of 1.42. This is a high value indicating a heavy dependency on external financing.
VNA's Debt to Equity ratio of 1.42 is on the low side compared to the rest of the industry. VNA is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 21.28 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.54
WACC3.19%
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.
With a Current ratio value of 0.80, VNA is not doing good in the industry: 69.44% of the companies in the same industry are doing better.
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.
Looking at the Quick ratio, with a value of 0.57, VNA is doing worse than 62.50% of the companies in the same industry.
| 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.
VNA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.13% yearly.
VNA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.40%.
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.
Based on estimates for the next years, VNA will show a decrease in Revenue. The Revenue will decrease by -1.88% on average per year.
EPS Next Y40.67%
EPS Next 2Y23.66%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue Next Year2.51%
Revenue Next 2Y3.63%
Revenue Next 3Y3.66%
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
The Price/Earnings ratio is 6.39, which indicates a rather cheap valuation of VNA.
Based on the Price/Earnings ratio, VNA is valued cheaply inside the industry as 93.06% of the companies are valued more expensively.
VNA is valuated cheaply when we compare the Price/Earnings ratio to 26.61, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.20, which indicates a very decent valuation of VNA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VNA indicates a somewhat cheap valuation: VNA is cheaper than 79.17% of the companies listed in the same industry.
VNA is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.39 | ||
| Fwd PE | 10.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VNA is on the same level as its industry peers.
VNA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. VNA is cheaper than 69.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.07 | ||
| EV/EBITDA | 24.2 |
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)0.16
PEG (5Y)0.3
EPS Next 2Y23.66%
EPS Next 3Y17.39%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.09%, VNA is a good candidate for dividend investing.
VNA's Dividend Yield is a higher than the industry average which is at 4.27.
Compared to an average S&P500 Dividend Yield of 1.87, VNA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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 2Y23.66%
EPS Next 3Y17.39%
FRA:VNA (12/23/2025, 5:36:15 PM)
24.02
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners55.51%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap20.37B
Revenue(TTM)5.20B
Net Income(TTM)2.80B
Analysts73.57
Price Target35.02 (45.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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)-0.94%
PT rev (3m)-1.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.07%
EPS NY rev (1m)0.69%
EPS NY rev (3m)0.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)-3.66%
Revenue NY rev (3m)-3.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.39 | ||
| Fwd PE | 10.2 | ||
| P/S | 3.92 | ||
| P/FCF | 10.07 | ||
| P/OCF | 7.53 | ||
| P/B | 0.78 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 24.2 |
EPS(TTM)3.76
EY15.65%
EPS(NY)2.35
Fwd EY9.8%
FCF(TTM)2.39
FCFY9.93%
OCF(TTM)3.19
OCFY13.27%
SpS6.13
BVpS30.76
TBVpS29.06
PEG (NY)0.16
PEG (5Y)0.3
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 | 0.64 |
F-Score5
WACC3.19%
ROIC/WACC0.54
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 Y40.67%
EPS Next 2Y23.66%
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 Year2.51%
Revenue Next 2Y3.63%
Revenue Next 3Y3.66%
Revenue Next 5Y-1.88%
EBIT growth 1Y-12.88%
EBIT growth 3Y-37.44%
EBIT growth 5Y-16.45%
EBIT Next Year9.96%
EBIT Next 3Y7.4%
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.
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 5 / 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 40.67% in the next year.
Can you provide the dividend sustainability for VNA stock?
The dividend rating of VONOVIA SE (VNA.DE) is 6 / 10 and the dividend payout ratio is 23.13%.