VONOVIA SE (VNA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:VNA - DE000A1ML7J1 - Common Stock
26.12 EUR
-0.13 (-0.5%)
Overall VNA gets a fundamental rating of 3 out of 10. We evaluated VNA against 73 industry peers in the Real Estate Management & Development industry. VNA may be in some trouble as it scores bad on both profitability and health. VNA scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
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
Looking at the Return On Assets, with a value of 0.42%, VNA is in line with its industry, outperforming 45.21% 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 47.95% of the companies in the same industry.
With a Return On Invested Capital value of 1.65%, VNA perfoms like the industry average, outperforming 49.32% 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 3.86%.
| 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.
VNA's Operating Margin of 36.79% is fine compared to the rest of the industry. VNA outperforms 63.01% of its industry peers.
In the last couple of years the Operating Margin of VNA has declined.
VNA has a Gross Margin (68.02%) which is in line with 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VNA is destroying value.
The number of shares outstanding for VNA has been increased compared to 1 year ago.
VNA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for VNA is higher compared to a year ago.
2.2 Solvency
VNA has an Altman-Z score of 0.63. This is a bad value and indicates that VNA is not financially healthy and even has some risk of bankruptcy.
VNA has a Altman-Z score of 0.63. This is in the lower half of the industry: VNA underperforms 68.49% of its industry peers.
The Debt to FCF ratio of VNA is 18.30, which is on the high side as it means it would take VNA, 18.30 years of fcf income to pay off all of its debts.
VNA has a Debt to FCF ratio (18.30) which is in line with its industry peers.
VNA has a Debt/Equity ratio of 1.53. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.53, VNA is not doing good in the industry: 78.08% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 18.3 | ||
| Altman-Z | 0.63 |
ROIC/WACC0.5
WACC3.28%
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.
With a Current ratio value of 0.74, VNA is not doing good in the industry: 72.60% of the companies in the same industry are doing better.
VNA has a Quick 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 Quick ratio of 0.53 is on the low side compared to the rest of the industry. VNA is outperformed by 63.01% of its industry peers.
| 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 158.11% 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.
The Revenue has been decreasing by -6.20% on average over the past years.
EPS 1Y (TTM)158.11%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%401.75%
Revenue 1Y (TTM)4.87%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-3.64%
3.2 Future
VNA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.39% yearly.
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.
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 6.84, which indicates a rather cheap valuation of VNA.
VNA's Price/Earnings ratio is rather cheap when compared to the industry. VNA is cheaper than 91.78% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. VNA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.15, which indicates a very decent valuation of VNA.
VNA's Price/Forward Earnings ratio is rather cheap when compared to the industry. VNA is cheaper than 80.82% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.59. VNA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 11.15 |
4.2 Price Multiples
VNA's Enterprise Value to EBITDA is on the same level as the industry average.
68.49% of the companies in the same industry are more expensive than VNA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.42 | ||
| EV/EBITDA | 26.07 |
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)0.17
PEG (5Y)0.32
EPS Next 2Y23.32%
EPS Next 3Y17.39%
5. Dividend
5.1 Amount
VNA has a Yearly Dividend Yield of 4.83%, which is a nice return.
Compared to an average industry Dividend Yield of 7.49, 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 2.40.
| 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
VNA pays out 170.72% of its income as dividend. This is not a sustainable payout ratio.
DP170.72%
EPS Next 2Y23.32%
EPS Next 3Y17.39%
FRA:VNA (11/28/2025, 7:00:00 PM)
26.12
-0.13 (-0.5%)
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 Cap21.96B
Revenue(TTM)5.25B
Net Income(TTM)379.10M
Analysts73.57
Price Target35.25 (34.95%)
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)-0.45%
PT rev (3m)-0.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.02%
EPS NY rev (1m)0.95%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.11%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)4.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 11.15 | ||
| P/S | 4.19 | ||
| P/FCF | 9.42 | ||
| P/OCF | 7.67 | ||
| P/B | 0.91 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 26.07 |
EPS(TTM)3.82
EY14.62%
EPS(NY)2.34
Fwd EY8.97%
FCF(TTM)2.77
FCFY10.62%
OCF(TTM)3.41
OCFY13.04%
SpS6.24
BVpS28.77
TBVpS27.07
PEG (NY)0.17
PEG (5Y)0.32
Graham Number49.73
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 | 0.63 |
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)158.11%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%401.75%
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%-3.64%
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%.