Company Valuation: Vonovia SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 37,665 17,525 23,250 24,126 20,812 17,834 - -
Change - -53.47% 32.67% 3.77% -13.74% -14.31% - -
Enterprise Value (EV) 1 84,006 60,981 65,446 65,696 60,865 57,334 57,243 57,242
Change - -27.41% 7.32% 0.38% -7.35% -5.8% -0.16% -0%
P/E 11.5x -26.9x -3.66x -26.9x 5.67x 8x 6.89x 6.42x
PBR 1.13x 0.56x 0.74x 1.01x 0.76x 0.51x 0.48x 0.48x
PEG - 0x -0x 0.3x -0x -0.2x 0.4x 0.87x
Capitalization / Revenue 15.9x 5.54x 7.15x 7.26x 6.09x 5.07x 4.92x 4.77x
EV / Revenue 35.6x 19.3x 20.1x 19.8x 17.8x 16.3x 15.8x 15.3x
EV / EBITDA 37x 22.1x 25.3x 25x 21.7x 19.3x 18.1x 17.2x
EV / EBIT -69.3x 41.1x 30.9x 26.4x 26.6x 21.1x 18.6x 16.2x
EV / FCF 88.3x -156x 82.1x 57.8x 34.2x 39.3x 37.3x 31.2x
FCF Yield 1.13% -0.64% 1.22% 1.73% 2.92% 2.54% 2.68% 3.21%
Dividend per Share 2 1.66 - 0.9 1.22 1.25 1.268 1.334 1.373
Rate of return 3.42% - 3.15% 4.16% 5.09% 6.04% 6.35% 6.54%
EPS 2 4.22 -0.82 -7.8 -1.09 4.33 2.624 3.047 3.272
Distribution rate 39.3% - -11.5% -112% 28.9% 48.3% 43.8% 42%
Net sales 1 2,362 3,163 3,253 3,324 3,417 3,518 3,626 3,739
EBITDA 1 2,269 2,763 2,584 2,625 2,801 2,968 3,157 3,332
EBIT 1 -1,213 1,484 2,119 2,491 2,287 2,724 3,084 3,540
Net income 1 2,642 -643.8 -6,285 -896 3,723 2,378 2,788 3,253
Net Debt 1 46,342 43,457 42,196 41,570 40,053 39,500 39,409 39,408
Reference price 2 48.50 22.02 28.54 29.32 24.54 21.00 21.00 21.00
Nbr of stocks (in thousands) 776,597 795,850 814,645 822,853 848,090 848,425 - -
Announcement Date 18/03/22 16/03/23 15/03/24 18/03/25 19/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.99x16.28x19.3x6.04% 20.53B
57.38x - - - 62.03B
9.35x3.58x7.21x-.--% 23.27B
4.23x0.1x0.19x8.18% 14.4B
8.5x16.98x - 6.22% 8.43B
7.72x0.79x6.58x2.6% 5.74B
-2.03x1.61x-237.8x-.--% 5.51B
6.18x13.75x20.09x5.8% 4.55B
9.3x0.56x7.3x4.09% 3.97B
Average 12.07x 6.71x -25.30x 4.12% 16.49B
Weighted average by Cap. 28.11x 7.41x -7.52x 4.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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