Logo image of VNA.DE

VONOVIA SE (VNA.DE) Stock Fundamental Analysis

FRA:VNA - Deutsche Boerse Ag - DE000A1ML7J1 - Common Stock - Currency: EUR

25.74  0 (0%)

Fundamental Rating

3

Taking everything into account, VNA scores 3 out of 10 in our fundamental rating. VNA was compared to 69 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year VNA was profitable.
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.
VNA.DE Yearly Net Income VS EBIT VS OCF VS FCFVNA.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5B -5B

1.2 Ratios

With a Return On Assets value of -3.65%, VNA perfoms like the industry average, outperforming 45.33% of the companies in the same industry.
VNA's Return On Equity of -13.57% is on the low side compared to the rest of the industry. VNA is outperformed by 60.00% of its industry peers.
Industry RankSector Rank
ROA -3.65%
ROE -13.57%
ROIC N/A
ROA(3y)-1.78%
ROA(5y)0.37%
ROE(3y)-6.56%
ROE(5y)-0.13%
ROIC(3y)N/A
ROIC(5y)N/A
VNA.DE Yearly ROA, ROE, ROICVNA.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 -20

1.3 Margins

VNA's Profit Margin has improved in the last couple of years.
VNA's Operating Margin has improved in the last couple of years.
VNA does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3Y24.76%
OM growth 5Y14.3%
PM growth 3Y34.82%
PM growth 5Y26.12%
GM growth 3YN/A
GM growth 5YN/A
VNA.DE Yearly Profit, Operating, Gross MarginsVNA.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 100 150

More info and screens

3

2. Health

2.1 Basic Checks

VNA does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, VNA has more shares outstanding
The number of shares outstanding for VNA has been increased compared to 5 years ago.
Compared to 1 year ago, VNA has a worse debt to assets ratio.
VNA.DE Yearly Shares OutstandingVNA.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B
VNA.DE Yearly Total Debt VS Total AssetsVNA.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20B 40B 60B 80B 100B

2.2 Solvency

Based on the Altman-Z score of 0.47, we must say that VNA is in the distress zone and has some risk of bankruptcy.
VNA has a Altman-Z score (0.47) which is comparable to the rest of the industry.
VNA has a debt to FCF ratio of 21.35. This is a negative value and a sign of low solvency as VNA would need 21.35 years to pay back of all of its debts.
VNA's Debt to FCF ratio of 21.35 is fine compared to the rest of the industry. VNA outperforms 73.33% of its industry peers.
VNA has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
VNA has a worse Debt to Equity ratio (1.61) than 68.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 21.35
Altman-Z 0.47
ROIC/WACCN/A
WACC3.07%
VNA.DE Yearly LT Debt VS Equity VS FCFVNA.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 10B 20B 30B 40B

2.3 Liquidity

VNA has a Current Ratio of 1.31. This is a normal value and indicates that VNA is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.31, VNA is doing good in the industry, outperforming 61.33% of the companies in the same industry.
A Quick Ratio of 0.98 indicates that VNA may have some problems paying its short term obligations.
VNA has a Quick ratio of 0.98. This is in the better half of the industry: VNA outperforms 69.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.31
Quick Ratio 0.98
VNA.DE Yearly Current Assets VS Current LiabilitesVNA.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B

More info and screens

2

3. Growth

3.1 Past

The earnings per share for VNA have decreased strongly by -37.55% in the last year.
The Earnings Per Share has been decreasing by -1.01% on average over the past years.
Looking at the last year, VNA shows a very strong growth in Revenue. The Revenue has grown by 107.22%.
EPS 1Y (TTM)-37.55%
EPS 3Y-22.28%
EPS 5Y-1.01%
EPS Q2Q%-17.39%
Revenue 1Y (TTM)107.22%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-4.83%

3.2 Future

The Earnings Per Share is expected to grow by 5.51% on average over the next years.
The Revenue is expected to decrease by -6.41% on average over the next years.
EPS Next Y5.66%
EPS Next 2Y2.22%
EPS Next 3Y9.32%
EPS Next 5Y5.51%
Revenue Next Year-22.51%
Revenue Next 2Y-7.71%
Revenue Next 3Y-4%
Revenue Next 5Y-6.41%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
VNA.DE Yearly Revenue VS EstimatesVNA.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5B -5B 10B
VNA.DE Yearly EPS VS EstimatesVNA.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 17.39 indicates a rather expensive valuation of VNA.
Based on the Price/Earnings ratio, VNA is valued a bit cheaper than 73.33% of the companies in the same industry.
When comparing the Price/Earnings ratio of VNA to the average of the S&P500 Index (29.35), we can say VNA is valued slightly cheaper.
A Price/Forward Earnings ratio of 13.69 indicates a correct valuation of VNA.
VNA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VNA is cheaper than 72.00% of the companies in the same industry.
VNA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 17.39
Fwd PE 13.69
VNA.DE Price Earnings VS Forward Price EarningsVNA.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, VNA is valued a bit cheaper than the industry average as 78.67% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 10.34
EV/EBITDA N/A
VNA.DE Per share dataVNA.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.07
PEG (5Y)N/A
EPS Next 2Y2.22%
EPS Next 3Y9.32%

More info and screens

3

5. Dividend

5.1 Amount

VNA has a Yearly Dividend Yield of 3.50%.
VNA's Dividend Yield is a higher than the industry average which is at 7.29.
VNA's Dividend Yield is a higher than the S&P500 average which is at 2.33.
Industry RankSector Rank
Dividend Yield 3.5%

5.2 History

The dividend of VNA decreases each year by -9.76%.
Dividend Growth(5Y)-9.76%
Div Incr Years0
Div Non Decr Years1
VNA.DE Yearly Dividends per shareVNA.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

VNA has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-26.5%
EPS Next 2Y2.22%
EPS Next 3Y9.32%
VNA.DE Yearly Income VS Free CF VS DividendVNA.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2B -2B -4B -6B

More info and screens

VONOVIA SE

FRA:VNA (3/7/2025, 7:00:00 PM)

25.74

0 (0%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-06 2024-11-06/bmo
Earnings (Next)03-19 2025-03-19/amc
Inst Owners61.38%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.18B
Analysts76.55
Price Target37.75 (46.66%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.5%
Yearly Dividend0.23
Dividend Growth(5Y)-9.76%
DP-26.5%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)46.54%
Min EPS beat(2)17.33%
Max EPS beat(2)75.76%
EPS beat(4)2
Avg EPS beat(4)-22.2%
Min EPS beat(4)-168.39%
Max EPS beat(4)75.76%
EPS beat(8)5
Avg EPS beat(8)-8.9%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)54.93%
Min Revenue beat(2)52.4%
Max Revenue beat(2)57.46%
Revenue beat(4)3
Avg Revenue beat(4)39.48%
Min Revenue beat(4)-7.84%
Max Revenue beat(4)57.46%
Revenue beat(8)5
Avg Revenue beat(8)-74.68%
Revenue beat(12)9
Avg Revenue beat(12)20.19%
Revenue beat(16)13
Avg Revenue beat(16)97.88%
PT rev (1m)0.12%
PT rev (3m)2.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.03%
EPS NY rev (1m)-3.47%
EPS NY rev (3m)-4.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.52%
Revenue NY rev (1m)4.59%
Revenue NY rev (3m)3.14%
Valuation
Industry RankSector Rank
PE 17.39
Fwd PE 13.69
P/S 56.35
P/FCF 10.34
P/OCF 9.36
P/B 0.87
P/tB 0.92
EV/EBITDA N/A
EPS(TTM)1.48
EY5.75%
EPS(NY)1.88
Fwd EY7.31%
FCF(TTM)2.49
FCFY9.67%
OCF(TTM)2.75
OCFY10.69%
SpS0.46
BVpS29.71
TBVpS27.98
PEG (NY)3.07
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -3.65%
ROE -13.57%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM 544.93%
ROA(3y)-1.78%
ROA(5y)0.37%
ROE(3y)-6.56%
ROE(5y)-0.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y24.76%
OM growth 5Y14.3%
PM growth 3Y34.82%
PM growth 5Y26.12%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 21.35
Debt/EBITDA N/A
Cap/Depr 125.86%
Cap/Sales 57.36%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.31
Quick Ratio 0.98
Altman-Z 0.47
F-Score5
WACC3.07%
ROIC/WACCN/A
Cap/Depr(3y)60.73%
Cap/Depr(5y)96.37%
Cap/Sales(3y)7.18%
Cap/Sales(5y)5.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-37.55%
EPS 3Y-22.28%
EPS 5Y-1.01%
EPS Q2Q%-17.39%
EPS Next Y5.66%
EPS Next 2Y2.22%
EPS Next 3Y9.32%
EPS Next 5Y5.51%
Revenue 1Y (TTM)107.22%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-4.83%
Revenue Next Year-22.51%
Revenue Next 2Y-7.71%
Revenue Next 3Y-4%
Revenue Next 5Y-6.41%
EBIT growth 1Y77.33%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year6.74%
EBIT Next 3Y5.07%
EBIT Next 5Y5.72%
FCF growth 1Y-8.71%
FCF growth 3Y0.75%
FCF growth 5Y5.16%
OCF growth 1Y-0.54%
OCF growth 3Y9.95%
OCF growth 5Y10.92%