VONOVIA SE (VNA.DE) Stock Fundamental Analysis
Europe - FRA:VNA - DE000A1ML7J1 - Common Stock
25.14 EUR
-0.25 (-0.98%)
Overall VNA gets a fundamental rating of 3 out of 10. We evaluated VNA against 74 industry peers in the Real Estate Management & Development industry. Both the profitability and financial health of VNA have multiple concerns. 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.
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.
In the past 5 years VNA always reported a positive cash flow from operatings.
1.2 Ratios
VNA has a Return On Assets of 0.42%. This is comparable to the rest of the industry: VNA outperforms 48.61% of its industry peers.
VNA has a Return On Equity of 1.57%. This is comparable to the rest of the industry: VNA outperforms 51.39% of its industry peers.
VNA has a Return On Invested Capital of 1.65%. This is comparable to the rest of the industry: VNA outperforms 54.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VNA is below the industry average of 3.87%.
| 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
With a Profit Margin value of 7.23%, VNA perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
Looking at the Operating Margin, with a value of 36.79%, VNA is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
VNA's Operating Margin has declined in the last couple of years.
VNA's Gross Margin of 68.02% is in line compared to the rest of the industry. VNA outperforms 59.72% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VNA is destroying value.
Compared to 1 year ago, VNA has more shares outstanding
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 0.62. This is a bad value and indicates that VNA is not financially healthy and even has some risk of bankruptcy.
VNA has a worse Altman-Z score (0.62) than 66.67% 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.
The Debt to FCF ratio of VNA (18.30) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.53 is on the high side and indicates that VNA has dependencies on debt financing.
The Debt to Equity ratio of VNA (1.53) is worse than 76.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 18.3 | ||
| Altman-Z | 0.62 |
ROIC/WACC0.51
WACC3.25%
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: 68.06% of the companies in the same industry are doing better.
A Quick Ratio of 0.53 indicates that VNA may have some problems paying its short term obligations.
VNA has a Quick ratio of 0.53. This is comparable to the rest of the industry: VNA outperforms 40.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
VNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 92.54%, which is quite impressive.
VNA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.13% yearly.
The Revenue has been growing slightly by 4.87% in the past 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.
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 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 8.82, which indicates a very decent valuation of VNA.
Compared to the rest of the industry, the Price/Earnings ratio of VNA indicates a rather cheap valuation: VNA is cheaper than 81.94% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.06, VNA is valued rather cheaply.
The Price/Forward Earnings ratio is 10.73, which indicates a very decent valuation of VNA.
79.17% of the companies in the same industry are more expensive than VNA, based on the Price/Forward Earnings ratio.
VNA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.82 | ||
| Fwd PE | 10.73 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VNA.
VNA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. VNA is cheaper than 72.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.06 | ||
| EV/EBITDA | 25.68 |
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)0.22
PEG (5Y)0.42
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 7.45, VNA pays a better dividend. On top of this VNA pays more dividend than 80.56% of the companies listed in the same industry.
VNA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| 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 (11/7/2025, 7:00:00 PM)
25.14
-0.25 (-0.98%)
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 Cap21.14B
Revenue(TTM)5.25B
Net Income(TTM)379.10M
Analysts73.57
Price Target35.36 (40.65%)
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 | 8.82 | ||
| Fwd PE | 10.73 | ||
| P/S | 4.03 | ||
| P/FCF | 9.06 | ||
| P/OCF | 7.38 | ||
| P/B | 0.87 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 25.68 |
EPS(TTM)2.85
EY11.34%
EPS(NY)2.34
Fwd EY9.32%
FCF(TTM)2.77
FCFY11.03%
OCF(TTM)3.41
OCFY13.55%
SpS6.24
BVpS28.77
TBVpS27.07
PEG (NY)0.22
PEG (5Y)0.42
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
WACC3.25%
ROIC/WACC0.51
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 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 4 / 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%.