VONOVIA SE (VNA.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:VNA - DE000A1ML7J1 - Common Stock
23.96 EUR
-0.08 (-0.33%)
VNA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 77 industry peers in the Real Estate Management & Development industry. There are concerns on the financial health of VNA while its profitability can be described as average. VNA is valued quite cheap, while showing a decent growth score. This is a good combination! VNA also has an excellent dividend rating.
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 has a Return On Assets of 3.05%. This is in the better half of the industry: VNA outperforms 72.73% of its industry peers.
VNA has a Return On Equity of 10.73%. This is amongst the best in the industry. VNA outperforms 84.42% of its industry peers.
VNA's Return On Invested Capital of 1.71% is in line compared to the rest of the industry. VNA outperforms 50.65% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VNA is below the industry average of 3.90%.
| 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
With an excellent Profit Margin value of 53.84%, VNA belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
VNA has a better Operating Margin (39.09%) than 64.94% of its industry peers.
In the last couple of years the Operating Margin of VNA has declined.
Looking at the Gross Margin, with a value of 68.51%, VNA is in the better half of the industry, outperforming 61.04% of the companies in the same industry.
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
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 0.64. This is a bad value and indicates that VNA is not financially healthy and even has some risk of bankruptcy.
VNA's Altman-Z score of 0.64 is on the low side compared to the rest of the industry. VNA is outperformed by 70.13% of its industry peers.
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 55.84% of the companies in the same industry.
A Debt/Equity ratio of 1.42 is on the high side and indicates that VNA has dependencies on debt financing.
VNA has a Debt to Equity ratio of 1.42. This is in the lower half of the industry: VNA underperforms 75.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 21.28 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.54
WACC3.17%
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.
Looking at the Current ratio, with a value of 0.80, VNA is doing worse than 72.73% of the companies in the same industry.
A Quick Ratio of 0.57 indicates that VNA may have some problems paying its short term obligations.
VNA's Quick ratio of 0.57 is on the low side compared to the rest of the industry. VNA is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 158.11% over the past year.
Measured over the past years, VNA shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.13% on average per year.
The Revenue has grown by 10.40% in the past year. This is quite good.
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)10.4%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-3.64%
3.2 Future
The Earnings Per Share is expected to grow by 17.39% on average over the next years. This is quite good.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
Based on the Price/Earnings ratio of 6.27, the valuation of VNA can be described as very cheap.
VNA's Price/Earnings ratio is rather cheap when compared to the industry. VNA is cheaper than 93.51% of the companies in the same industry.
VNA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.59.
VNA is valuated reasonably with a Price/Forward Earnings ratio of 10.17.
77.92% of the companies in the same industry are more expensive than VNA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.80. VNA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 10.17 |
4.2 Price Multiples
VNA's Enterprise Value to EBITDA ratio is in line with the industry average.
VNA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. VNA is cheaper than 70.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.04 | ||
| 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.
A more expensive valuation may be justified as VNA's earnings are expected to grow with 17.39% in the coming years.
PEG (NY)0.15
PEG (5Y)0.3
EPS Next 2Y23.66%
EPS Next 3Y17.39%
5. Dividend
5.1 Amount
VNA has a Yearly Dividend Yield of 4.79%, which is a nice return.
Compared to an average industry Dividend Yield of 7.45, VNA pays a better dividend. On top of this VNA pays more dividend than 80.52% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, VNA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
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 23.13% of its income as dividend. This is a sustainable payout ratio.
DP23.13%
EPS Next 2Y23.66%
EPS Next 3Y17.39%
FRA:VNA (12/10/2025, 5:36:15 PM)
23.96
-0.08 (-0.33%)
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 Cap20.32B
Revenue(TTM)5.20B
Net Income(TTM)2.80B
Analysts73.57
Price Target35.02 (46.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
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)230.71%
Min EPS beat(2)0.69%
Max EPS beat(2)460.73%
EPS beat(4)3
Avg EPS beat(4)87.6%
Min EPS beat(4)-165.18%
Max EPS beat(4)460.73%
EPS beat(8)5
Avg EPS beat(8)32.7%
EPS beat(12)8
Avg EPS beat(12)23.27%
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)-1.33%
EPS NQ rev (1m)1.07%
EPS NQ rev (3m)1.07%
EPS NY rev (1m)0.69%
EPS NY rev (3m)0.49%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)-3.66%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 10.17 | ||
| P/S | 3.91 | ||
| P/FCF | 10.04 | ||
| P/OCF | 7.51 | ||
| P/B | 0.78 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 24.2 |
EPS(TTM)3.82
EY15.94%
EPS(NY)2.35
Fwd EY9.83%
FCF(TTM)2.39
FCFY9.96%
OCF(TTM)3.19
OCFY13.31%
SpS6.13
BVpS30.76
TBVpS29.06
PEG (NY)0.15
PEG (5Y)0.3
Graham Number51.42
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
WACC3.17%
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)158.11%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%401.75%
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 7 / 10 and the dividend payout ratio is 23.13%.