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 17,147 - -
Change - -53.47% 32.67% 3.77% -13.74% -17.61% - -
Enterprise Value (EV) 1 84,006 60,981 65,446 65,696 60,865 56,593 56,529 56,554
Change - -27.41% 7.32% 0.38% -7.35% -7.02% -0.11% 0.05%
P/E 11.5x -26.9x -3.66x -26.9x 5.67x 7.93x 6.67x 6.61x
PBR 1.13x 0.56x 0.74x 1.01x 0.76x 0.49x 0.46x 0.47x
PEG - 0x -0x 0.3x -0x -0.2x 0.4x 7.5x
Capitalization / Revenue 15.9x 5.54x 7.15x 7.26x 6.09x 4.88x 4.73x 4.58x
EV / Revenue 35.6x 19.3x 20.1x 19.8x 17.8x 16.1x 15.6x 15.1x
EV / EBITDA 37x 22.1x 25.3x 25x 21.7x 19.1x 17.9x 17x
EV / EBIT -69.3x 41.1x 30.9x 26.4x 26.6x 20.8x 18.3x 16x
EV / FCF 88.3x -156x 82.1x 57.8x 34.2x 38.8x 36.8x 30.8x
FCF Yield 1.13% -0.64% 1.22% 1.73% 2.92% 2.57% 2.72% 3.24%
Dividend per Share 2 1.66 - 0.9 1.22 1.25 1.266 1.324 1.366
Rate of return 3.42% - 3.15% 4.16% 5.09% 6.27% 6.55% 6.76%
EPS 2 4.22 -0.82 -7.8 -1.09 4.33 2.548 3.032 3.058
Distribution rate 39.3% - -11.5% -112% 28.9% 49.7% 43.7% 44.7%
Net sales 1 2,362 3,163 3,253 3,324 3,417 3,516 3,627 3,742
EBITDA 1 2,269 2,763 2,584 2,625 2,801 2,966 3,150 3,328
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 2,357 2,766 3,179
Net Debt 1 46,342 43,457 42,196 41,570 40,053 39,447 39,382 39,408
Reference price 2 48.50 22.02 28.54 29.32 24.54 20.21 20.21 20.21
Nbr of stocks (in thousands) 776,597 795,850 814,645 822,853 848,090 848,425 - -
Announcement Date 3/18/22 3/16/23 3/15/24 3/18/25 3/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
53.36x - - - 57.46B
8.64x3.34x6.74x-.--% 21.42B
8.08x16.19x19.19x6.16% 20.22B
4.21x0.09x0.17x8.23% 14.31B
8.39x16.88x - 6.3% 8.36B
7.69x0.79x6.56x2.61% 5.72B
-1.91x1.54x-229.85x-.--% 5.19B
5.36x13.69x20.01x5.88% 4.5B
9.46x0.57x7.38x4.03% 4.04B
Average 11.47x 6.64x -24.26x 4.15% 15.69B
Weighted average by Cap. 25.78x 7.37x -6.65x 4.21%

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