Company Valuation: Vonovia SE

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 33,817 37,665 17,525 23,250 24,126 23,824 - -
Change - 11.38% -53.47% 32.67% 3.77% -1.25% - -
Enterprise Value (EV) 1 57,861 84,006 60,981 65,446 65,696 63,036 62,650 62,237
Change - 45.19% -27.41% 7.32% 0.38% -4.05% -0.61% -0.66%
P/E ratio 10.2x 11.5x -26.9x -3.66x -26.9x 12.2x 10.7x 9.2x
PBR 1.4x 1.13x 0.56x 0.74x 1.01x 0.94x 0.87x 0.83x
PEG - -0.4x 0x -0x 0.3x -0x 0.8x 0.6x
Capitalization / Revenue 14.8x 15.9x 5.54x 7.15x 7.26x 6.93x 6.71x 6.43x
EV / Revenue 25.3x 35.6x 19.3x 20.1x 19.8x 18.3x 17.6x 16.8x
EV / EBITDA 30.3x 37x 22.1x 25.3x 25x 23x 21.8x 20.4x
EV / EBIT 31.8x -69.3x 41.1x 30.9x 26.4x 24.5x 24.2x 23.5x
EV / FCF -103x 88.3x -156x 82.1x 57.8x 30x 32x 34x
FCF Yield -0.97% 1.13% -0.64% 1.22% 1.73% 3.33% 3.13% 2.94%
Dividend per Share 2 1.69 1.66 - 0.9 1.22 1.256 1.317 1.327
Rate of return 2.83% 3.42% - 3.15% 4.16% 4.4% 4.62% 4.65%
EPS 2 5.87 4.22 -0.82 -7.8 -1.09 2.338 2.658 3.099
Distribution rate 28.8% 39.3% - -11.5% -112% 53.7% 49.5% 42.8%
Net sales 1 2,286 2,362 3,163 3,253 3,324 3,436 3,553 3,704
EBITDA 1 1,910 2,269 2,763 2,584 2,625 2,736 2,879 3,050
EBIT 1 1,818 -1,213 1,484 2,119 2,491 2,574 2,587 2,646
Net income 1 3,228 2,642 -643.8 -6,285 -896 1,884 2,258 3,019
Net Debt 1 24,043 46,342 43,457 42,196 41,570 39,212 38,827 38,413
Reference price 2 59.76 48.50 22.02 28.54 29.32 28.51 28.51 28.51
Nbr of stocks (in thousands) 565,887 776,597 795,850 814,645 822,853 835,620 - -
Announcement Date 04/03/21 18/03/22 16/03/23 15/03/24 18/03/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.2x18.35x23.04x4.4% 27.86B
31.08x - - - 15.38B
10.49x3.73x9.63x1.99% 13.82B
12.07x - - 5.2% 10.89B
-8.72x1.27x43.26x-.--% 10.67B
8.24x16.3x24.2x3.98% 6.37B
7.59x0.74x6.61x2.68% 5.19B
10.63x0.46x6.72x4.28% 3.94B
14x - - 2.86% 4.12B
Average 10.84x 6.81x 18.91x 3.17% 10.92B
Weighted average by Cap. 12.14x 10.11x 21.39x 3.32%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield