VONOVIA SE (1VNA.MI) Stock Fundamental Analysis
BIT:1VNA - Euronext Milan - DE000A1ML7J1 - Common Stock - Currency: EUR
Overall 1VNA gets a fundamental rating of 3 out of 10. We evaluated 1VNA against 73 industry peers in the Real Estate Management & Development industry. While 1VNA is still in line with the averages on profitability rating, there are concerns on its financial health. 1VNA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
1VNA had positive earnings in the past year.
In the past year 1VNA had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: 1VNA reported negative net income in multiple years.
Each year in the past 5 years 1VNA had a positive operating cash flow.
1.2 Ratios
1VNA's Return On Assets of -0.78% is in line compared to the rest of the industry. 1VNA outperforms 51.35% of its industry peers.
1VNA has a Return On Equity of -2.87%. This is comparable to the rest of the industry: 1VNA outperforms 50.00% of its industry peers.
The Return On Invested Capital of 1VNA (2.14%) is better than 62.16% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1VNA is in line with the industry average of 3.73%.
The 3 year average ROIC (1.91%) for 1VNA is below the current ROIC(2.14%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -2.87% | ||
| ROIC | 2.14% |
ROA(3y)-2.82%
ROA(5y)-0.23%
ROE(3y)-10.09%
ROE(5y)-2.01%
ROIC(3y)1.91%
ROIC(5y)3.98%
1.3 Margins
1VNA has a better Operating Margin (44.47%) than 71.62% of its industry peers.
1VNA's Operating Margin has declined in the last couple of years.
1VNA has a Gross Margin of 67.19%. This is in the better half of the industry: 1VNA outperforms 62.16% of its industry peers.
In the last couple of years the Gross Margin of 1VNA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.47% | ||
| PM (TTM) | N/A | ||
| GM | 67.19% |
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), 1VNA is destroying value.
The number of shares outstanding for 1VNA has been increased compared to 1 year ago.
1VNA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1VNA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.67, we must say that 1VNA is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.67, 1VNA perfoms like the industry average, outperforming 40.54% of the companies in the same industry.
1VNA has a debt to FCF ratio of 20.82. This is a negative value and a sign of low solvency as 1VNA would need 20.82 years to pay back of all of its debts.
1VNA has a Debt to FCF ratio of 20.82. This is in the better half of the industry: 1VNA outperforms 60.81% of its industry peers.
A Debt/Equity ratio of 1.46 is on the high side and indicates that 1VNA has dependencies on debt financing.
1VNA has a worse Debt to Equity ratio (1.46) than 74.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 20.82 | ||
| Altman-Z | 0.67 |
ROIC/WACC0.65
WACC3.31%
2.3 Liquidity
1VNA has a Current Ratio of 0.79. This is a bad value and indicates that 1VNA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.79, 1VNA is not doing good in the industry: 68.92% of the companies in the same industry are doing better.
A Quick Ratio of 0.61 indicates that 1VNA may have some problems paying its short term obligations.
With a Quick ratio value of 0.61, 1VNA is not doing good in the industry: 60.81% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for 1VNA have decreased strongly by -14.44% in the last year.
1VNA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.13% yearly.
1VNA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.00%.
1VNA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.20% yearly.
EPS 1Y (TTM)-14.44%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%63.89%
Revenue 1Y (TTM)11%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-0.81%
3.2 Future
Based on estimates for the next years, 1VNA will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.64% on average per year.
Based on estimates for the next years, 1VNA will show a small growth in Revenue. The Revenue will grow by 4.49% on average per year.
EPS Next Y36.55%
EPS Next 2Y22.05%
EPS Next 3Y11.64%
EPS Next 5YN/A
Revenue Next Year5.02%
Revenue Next 2Y4.49%
Revenue Next 3Y4.49%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
A Price/Earnings ratio of 18.81 indicates a rather expensive valuation of 1VNA.
1VNA's Price/Earnings ratio is a bit cheaper when compared to the industry. 1VNA is cheaper than 71.62% of the companies in the same industry.
1VNA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.50.
A Price/Forward Earnings ratio of 12.63 indicates a correct valuation of 1VNA.
Based on the Price/Forward Earnings ratio, 1VNA is valued a bit cheaper than 71.62% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.44. 1VNA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.81 | ||
| Fwd PE | 12.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1VNA is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1VNA indicates a somewhat cheap valuation: 1VNA is cheaper than 68.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.77 | ||
| EV/EBITDA | 25.65 |
4.3 Compensation for Growth
1VNA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.51
PEG (5Y)0.89
EPS Next 2Y22.05%
EPS Next 3Y11.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.26%, 1VNA is a good candidate for dividend investing.
1VNA's Dividend Yield is a higher than the industry average which is at 7.84.
1VNA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
The dividend of 1VNA decreases each year by -4.09%.
Dividend Growth(5Y)-4.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1VNA has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-71.24%
EPS Next 2Y22.05%
EPS Next 3Y11.64%
BIT:1VNA (7/4/2025, 7:00:00 PM)
28.97
+0.79 (+2.8%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners57.14%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap24.21B
Analysts75.71
Price Target34.77 (20.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend0.31
Dividend Growth(5Y)-4.09%
DP-71.24%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)52.84%
Min Revenue beat(2)51.56%
Max Revenue beat(2)54.12%
Revenue beat(4)4
Avg Revenue beat(4)53.89%
Min Revenue beat(4)51.56%
Max Revenue beat(4)57.46%
Revenue beat(8)7
Avg Revenue beat(8)45.95%
Revenue beat(12)11
Avg Revenue beat(12)51.09%
Revenue beat(16)15
Avg Revenue beat(16)117.29%
PT rev (1m)-8.22%
PT rev (3m)-8.22%
EPS NQ rev (1m)-20.87%
EPS NQ rev (3m)-20.87%
EPS NY rev (1m)2.49%
EPS NY rev (3m)2.49%
Revenue NQ rev (1m)-8.65%
Revenue NQ rev (3m)-8.65%
Revenue NY rev (1m)-1.75%
Revenue NY rev (3m)-1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.81 | ||
| Fwd PE | 12.63 | ||
| P/S | 4.6 | ||
| P/FCF | 11.77 | ||
| P/OCF | 9.36 | ||
| P/B | 0.98 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 25.65 |
EPS(TTM)1.54
EY5.32%
EPS(NY)2.29
Fwd EY7.92%
FCF(TTM)2.46
FCFY8.5%
OCF(TTM)3.09
OCFY10.68%
SpS6.29
BVpS29.64
TBVpS27.93
PEG (NY)0.51
PEG (5Y)0.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -2.87% | ||
| ROCE | 2.86% | ||
| ROIC | 2.14% | ||
| ROICexc | 2.22% | ||
| ROICexgc | 2.26% | ||
| OM | 44.47% | ||
| PM (TTM) | N/A | ||
| GM | 67.19% | ||
| FCFM | 39.12% |
ROA(3y)-2.82%
ROA(5y)-0.23%
ROE(3y)-10.09%
ROE(5y)-2.01%
ROIC(3y)1.91%
ROIC(5y)3.98%
ROICexc(3y)1.96%
ROICexc(5y)4.06%
ROICexgc(3y)1.99%
ROICexgc(5y)4.16%
ROCE(3y)2.54%
ROCE(5y)5.31%
ROICexcg growth 3Y-34.18%
ROICexcg 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 | 1.46 | ||
| Debt/FCF | 20.82 | ||
| Debt/EBITDA | 14.6 | ||
| Cap/Depr | 375.21% | ||
| Cap/Sales | 10.04% | ||
| Interest Coverage | 2.89 | ||
| Cash Conversion | 104.28% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.67 |
F-Score5
WACC3.31%
ROIC/WACC0.65
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)-14.44%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%63.89%
EPS Next Y36.55%
EPS Next 2Y22.05%
EPS Next 3Y11.64%
EPS Next 5YN/A
Revenue 1Y (TTM)11%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-0.81%
Revenue Next Year5.02%
Revenue Next 2Y4.49%
Revenue Next 3Y4.49%
Revenue Next 5YN/A
EBIT growth 1Y16.87%
EBIT growth 3Y-37.44%
EBIT growth 5Y-16.45%
EBIT Next Year8.4%
EBIT Next 3Y6.61%
EBIT Next 5YN/A
FCF growth 1Y53.97%
FCF growth 3Y9.27%
FCF growth 5Y5.54%
OCF growth 1Y23.91%
OCF growth 3Y9.83%
OCF growth 5Y9.07%