Vonovia SE VNA.DE
Composite 48/100; the shares have moved about 34% annualised. Names that move more contribute more risk for the same amount invested, and our composite reflects how strong the evidence for this one is right now.
Balance-sheet strength ranks 15/100 — a strong mark against it.
Income ranks 96/100 — a strong point in its favour. Growth ranks 68/100 — a moderate point in its favour. Quality ranks 61/100 — a slight point in its favour.
Balance-sheet strength ranks 15/100 — a strong mark against it. Momentum ranks 18/100 — a strong mark against it.
What the company does Vonovia SE is Europe’s largest integrated residential real estate company, offering rental and value-add services, property management, and development across Germany and select EU markets.
Key financials Reported revenues fell 34% YoY and EPS declined 58%, reflecting portfolio sales and weak organic growth. Margins remain robust: gross 60%, operating 43%, net 58%. Profitability metrics are modest: ROE 13%, ROA 1%, ROCE 3%. Debt/EBITDA is high at 17.3x, with interest coverage at 3.2x and current ratio 0.92.
Stock health Momentum is negative: -24% from 52-week high, 6-month -10%, RSI 49.5. Sideravia scores Valuation 70 (top third) but Quality 47 and Growth 20 (bottom decile), signaling weak fundamentals despite attractive pricing.
Price vs fair value The stock trades at a discount to both our fair-value estimate and analyst target. - Discount of 36.50% versus fair-value estimate of 28.76 (Sideravia) - Discount of 47.72% versus 12-month target of 31.12 (analyst count 16) - Valuation percentile 70.3/100, EV/EBITDA 4.10, P/B 0.65, FCF yield 11% (Sideravia) - Dividend yield 5.8%, payout 31% (Sideravia)
Looking forward Forward P/E of 11x implies expectations for a rebound in earnings, though PEG is not available. Analysts (n=16) see 48% upside to 31.12, contingent on stabilization of occupancy, rent growth, and debt reduction.
This is not investment advice. Sideravia provides automated, data-driven analysis for information and education only. Nothing on this page is a personal recommendation or an invitation to buy or sell any security, and it does not consider your objectives or financial situation. Assessments are generated by rules applied uniformly to every covered stock — how our scores work.
Data as of 2026-09-03, compiled from third-party sources; errors and delays are possible and figures are not warranted. Investing puts your capital at risk; past performance does not predict future results. We publish our full track record, including the calls that lost, and our conflicts of interest.