VONOVIA SE (VNA.DE) Stock Fundamental Analysis
Europe - FRA:VNA - DE000A1ML7J1 - Common Stock
25.86 EUR
+0.13 (+0.51%)
VNA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 74 industry peers in the Real Estate Management & Development industry. VNA has a bad profitability rating. Also its financial health evaluation is rather negative. VNA may be a bit undervalued, certainly considering the very reasonable score on growth
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 0.42% is in line compared to the rest of the industry. VNA outperforms 45.95% of its industry peers.
VNA has a Return On Equity (1.57%) which is comparable to the rest of the industry.
VNA has a Return On Invested Capital (1.65%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VNA is below the industry average of 3.87%.
| 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 has a Profit Margin (7.23%) which is in line with its industry peers.
The Operating Margin of VNA (36.79%) is better than 66.22% of its industry peers.
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 59.46% of its industry peers.
VNA's Gross Margin has declined in the last couple of years.
| 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
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.
VNA has a worse debt/assets ratio than last year.
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.
With a Altman-Z score value of 0.62, VNA is not doing good in the industry: 67.57% of the companies in the same industry are doing better.
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 of 18.30. This is comparable to the rest of the industry: VNA outperforms 54.05% of its industry peers.
A Debt/Equity ratio of 1.53 is on the high side and indicates that VNA has dependencies on debt financing.
VNA has a worse Debt to Equity ratio (1.53) than 77.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 18.3 | ||
| Altman-Z | 0.62 |
ROIC/WACC0.5
WACC3.28%
2.3 Liquidity
A Current Ratio of 0.74 indicates that VNA may have some problems paying its short term obligations.
VNA has a worse Current ratio (0.74) than 68.92% 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 60.81% 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.
The Earnings Per Share has been growing by 21.13% on average over the past years. This is a very strong growth
Looking at the last year, VNA shows a small growth in Revenue. The Revenue has grown by 4.87% in the last year.
VNA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.20% yearly.
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
The Earnings Per Share is expected to grow by 17.39% on average over the next years. This is quite good.
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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
A Price/Earnings ratio of 9.07 indicates a reasonable valuation of VNA.
VNA's Price/Earnings ratio is rather cheap when compared to the industry. VNA is cheaper than 82.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.35. VNA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.04, which indicates a very decent valuation of VNA.
Based on the Price/Forward Earnings ratio, VNA is valued a bit cheaper than the industry average as 79.73% of the companies are valued more expensively.
VNA is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.07 | ||
| Fwd PE | 11.04 |
4.2 Price Multiples
VNA's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, VNA is valued a bit cheaper than 70.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.32 | ||
| EV/EBITDA | 25.89 |
4.3 Compensation for Growth
VNA's 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)0.23
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.
Compared to an average industry Dividend Yield of 7.45, 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 2.36.
| 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 (11/12/2025, 10:52:19 AM)
25.86
+0.13 (+0.51%)
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 Cap21.74B
Revenue(TTM)5.25B
Net Income(TTM)379.10M
Analysts73.57
Price Target35.36 (36.74%)
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 | 9.07 | ||
| Fwd PE | 11.04 | ||
| P/S | 4.14 | ||
| P/FCF | 9.32 | ||
| P/OCF | 7.59 | ||
| P/B | 0.9 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 25.89 |
EPS(TTM)2.85
EY11.02%
EPS(NY)2.34
Fwd EY9.06%
FCF(TTM)2.77
FCFY10.73%
OCF(TTM)3.41
OCFY13.17%
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
WACC3.28%
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 3 / 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 4 / 10 and the dividend payout ratio is 170.72%.