VONOVIA SE (VNA.DE) Stock Fundamental Analysis
FRA:VNA - Deutsche Boerse Ag - DE000A1ML7J1 - Common Stock - Currency: EUR
Taking everything into account, VNA scores 3 out of 10 in our fundamental rating. VNA was compared to 73 industry peers in the Real Estate Management & Development industry. VNA has a medium profitability rating, but doesn't score so well on its financial health evaluation. VNA has a correct valuation and a medium growth rate.
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.
In multiple years VNA reported negative net income over the last 5 years.
VNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -0.78%, VNA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of -2.87%, VNA is in line with its industry, outperforming 48.65% of the companies in the same industry.
VNA has a Return On Invested Capital of 2.01%. This is in the better half of the industry: VNA outperforms 60.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -2.87% | ||
| ROIC | 2.01% |
ROA(3y)-2.82%
ROA(5y)-0.23%
ROE(3y)-10.09%
ROE(5y)-2.01%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VNA has a Operating Margin of 44.47%. This is in the better half of the industry: VNA outperforms 72.97% of its industry peers.
VNA's Operating Margin has declined in the last couple of years.
VNA has a Gross Margin of 67.19%. This is in the better half of the industry: VNA outperforms 63.51% of its industry peers.
In the last couple of years the Gross Margin of VNA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.47% | ||
| PM (TTM) | N/A | ||
| GM | 67.19% |
OM growth 3Y-19.21%
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), VNA is destroying value.
Compared to 1 year ago, VNA has more shares outstanding
Compared to 5 years ago, VNA has more shares outstanding
VNA has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.67, we must say that VNA is in the distress zone and has some risk of bankruptcy.
VNA's Altman-Z score of 0.67 is on the low side compared to the rest of the industry. VNA is outperformed by 60.81% of its industry peers.
VNA has a debt to FCF ratio of 20.82. This is a negative value and a sign of low solvency as VNA would need 20.82 years to pay back of all of its debts.
VNA's Debt to FCF ratio of 20.82 is fine compared to the rest of the industry. VNA outperforms 62.16% of its industry peers.
A Debt/Equity ratio of 1.46 is on the high side and indicates that VNA has dependencies on debt financing.
VNA has a Debt to Equity ratio of 1.46. This is in the lower half of the industry: VNA underperforms 75.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 20.82 | ||
| Altman-Z | 0.67 |
ROIC/WACC0.6
WACC3.35%
2.3 Liquidity
A Current Ratio of 0.79 indicates that VNA may have some problems paying its short term obligations.
VNA has a worse Current ratio (0.79) than 70.27% of its industry peers.
A Quick Ratio of 0.61 indicates that VNA may have some problems paying its short term obligations.
VNA's Quick ratio of 0.61 is on the low side compared to the rest of the industry. VNA is outperformed by 60.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
VNA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.32%.
The Earnings Per Share has been growing by 21.13% on average over the past years. This is a very strong growth
The Revenue has grown by 342.83% in the past year. This is a very strong growth!
VNA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.20% yearly.
EPS 1Y (TTM)2.32%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%-24.17%
Revenue 1Y (TTM)342.83%
Revenue growth 3Y-22.62%
Revenue growth 5Y-6.2%
Sales Q2Q%-0.81%
3.2 Future
Based on estimates for the next years, VNA will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.64% on average per year.
VNA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.88% yearly.
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 5Y-1.88%
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
The Price/Earnings ratio is 19.88, which indicates a rather expensive current valuation of VNA.
Based on the Price/Earnings ratio, VNA is valued a bit cheaper than 71.62% of the companies in the same industry.
When comparing the Price/Earnings ratio of VNA to the average of the S&P500 Index (26.25), we can say VNA is valued slightly cheaper.
The Price/Forward Earnings ratio is 12.57, which 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 70.27% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, VNA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.88 | ||
| Fwd PE | 12.57 |
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 68.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.53 | ||
| EV/EBITDA | 25.45 |
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.
PEG (NY)0.54
PEG (5Y)0.94
EPS Next 2Y22.05%
EPS Next 3Y11.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.22%, VNA is a good candidate for dividend investing.
VNA's Dividend Yield is a higher than the industry average which is at 7.51.
VNA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.22% |
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 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%
FRA:VNA (5/30/2025, 7:00:00 PM)
28.83
-0.09 (-0.31%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners61.38%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap23.72B
Analysts74.67
Price Target34.75 (20.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.22% |
Yearly Dividend0.31
Dividend Growth(5Y)-4.09%
DP-71.24%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-105.26%
Min EPS beat(2)-165.18%
Max EPS beat(2)-45.34%
EPS beat(4)2
Avg EPS beat(4)-29.36%
Min EPS beat(4)-165.18%
Max EPS beat(4)75.76%
EPS beat(8)4
Avg EPS beat(8)-31.46%
EPS beat(12)6
Avg EPS beat(12)-23.92%
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)46.91%
Revenue beat(12)9
Avg Revenue beat(12)-3.67%
Revenue beat(16)13
Avg Revenue beat(16)79.13%
PT rev (1m)-0.22%
PT rev (3m)-8.09%
EPS NQ rev (1m)1.93%
EPS NQ rev (3m)-11.57%
EPS NY rev (1m)0%
EPS NY rev (3m)11.8%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-7.88%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-4.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.88 | ||
| Fwd PE | 12.57 | ||
| P/S | 4.51 | ||
| P/FCF | 11.53 | ||
| P/OCF | 9.17 | ||
| P/B | 0.96 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 25.45 |
EPS(TTM)1.45
EY5.03%
EPS(NY)2.29
Fwd EY7.96%
FCF(TTM)2.5
FCFY8.67%
OCF(TTM)3.14
OCFY10.9%
SpS6.39
BVpS30.1
TBVpS28.36
PEG (NY)0.54
PEG (5Y)0.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -2.87% | ||
| ROCE | 2.86% | ||
| ROIC | 2.01% | ||
| ROICexc | 2.08% | ||
| ROICexgc | 2.12% | ||
| 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)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 3Y-34.23%
ROICexcg growth 5Y-23.42%
ROICexc growth 3Y-33.98%
ROICexc growth 5Y-23.25%
OM growth 3Y-19.21%
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
WACC3.35%
ROIC/WACC0.6
Cap/Depr(3y)180.71%
Cap/Depr(5y)169.46%
Cap/Sales(3y)9.3%
Cap/Sales(5y)6.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.32%
EPS 3YN/A
EPS 5Y21.13%
EPS Q2Q%-24.17%
EPS Next Y36.55%
EPS Next 2Y22.05%
EPS Next 3Y11.64%
EPS Next 5YN/A
Revenue 1Y (TTM)342.83%
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 5Y-1.88%
EBIT growth 1Y146.42%
EBIT growth 3Y-37.48%
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%