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Vonovia SE (VNA.DE)

EUR21.01 -0.10 (-0.47%)
DE XETRA Real Estate Real Estate - Services
Address Universitätsstrasse 133 44803
Bochum, DE
CEO Luka Mucic
Website vonovia.de
IPO 2013-07-11
ISIN DE000A1ML7J1

Explore sections of this company profile

Also trades on Deutsche Börse · VNA.DE (EUR) Frankfurt Stock Exchange · VNA.F (EUR) Other OTC · VNNVF (USD) Other OTC · VONOY (USD)
Description

Vonovia SE functions as a prominent integrated residential real estate firm operating throughout Europe. Its operations are structured into five distinct divisions: Rental, Value-Add, Recurring Sales, Development, and Deutsche Wohnen. The company extends beyond simply providing apartments, offering extensive property management solutions and a broad spectrum of value-added services. These services encompass property maintenance and modernization, connecting residents with skilled tradespeople, residential environment management, condominium administration, cable television, utility metering, energy supply, and insurance offerings. Furthermore, Vonovia is involved in the sale of individual condominium units and single-family homes, alongside engaging in new project development. As of December 31, 2021, the company's considerable portfolio included 565,334 residential units, 168,015 garages and parking facilities, and 9,289 commercial properties. It also oversaw the management of an additional 71,173 residential units for third-party owners across Germany, Austria, and Sweden. Founded in 1998, the company was initially known as Deutsche Annington Immobilien SE before adopting the name Vonovia SE in August 2015, with its main office situated in Bochum, Germany.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR21.01 -0.10 (-0.47%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
1.49
Float Shares
724.12M
Free Float %
85.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.16% -2.16% -3.98% -15.62% -14.77% -7.92% -23.76% +21.83% -53.27% -21.35% +42.46%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
21.01
DCF (Levered) 43.82 +108.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 9 0
Hold 4 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.72
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Real Estate - Services: +11.2%
    -16.2% Q1'26: +11.0% (vs Q1'25)
  • ✓
    EPS growth Real Estate - Services: +25.9%
    +500.0% ★ Q1'26: -58.3% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Real Estate - Services: +32.2%
    +88.3% ★ Q1'26: +19.2% (vs Q1'25)
  • ✓
    EBIT margin Real Estate - Services: +23.7%
    +51.5% ★ Q1'26: +41.2% (vs Q1'25)
  • ✗
    ROIC Real Estate - Services: +4.3%
    +3.6% Q1'26: +2.2% (vs Q1'25)
  • ✗
    Share dilution Real Estate - Services: +0.0%
    +4.2% Q1'26: +3.6% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Real Estate - Services: 1.88×
    14.06× Q1'26: 15.79× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.30) × ERP
WACC = 31% × Ke + 69% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Current price: 21.01
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2013
actual 		Dec 2014
actual 		Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
3 Rev. Ana.
7 EPS Ana. 		Dec 2027
3 Rev. Ana.
6 EPS Ana. 		Dec 2028
3 Rev. Ana.
2 EPS Ana. 		Dec 2029
2 Rev. Ana.
1 EPS Ana. 		Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
1.07B
est: 908.30M (+17.5%)
1.16B
est: 1.03B (+12.6%)
2.06B
est: 2.12B (-2.5%)
2.21B
est: 2.25B (-1.7%)
2.39B
est: 1.94B (+23.4%)
2.71B
est: 1.96B (+38.1%)
2.91B
est: 2.09B (+39.5%)
3.15B
est: 2.33B (+35.0%)
3.62B
est: 2.53B (+43.3%)
5.15B
est: 2.97B (+73.2%)
5.23B
est: 6.04B (-13.4%)
5.94B
est: 3.15B (+88.8%)
4.98B
est: 3.38B (+47.1%)
3.56B
3.54B – 3.57B
+5.1% YoY
3.67B
3.64B – 3.69B
+3.1% YoY
3.94B
3.85B – 4.03B
+7.5% YoY
3.91B
3.88B – 3.93B
-0.9% YoY
4.17B
4.14B – 4.19B
+6.7% YoY
EBITDA
996.00M
est: 207.79M (+379.3%)
876.80M
est: 525.51M (+66.8%)
2.12B
est: 517.78M (+309.9%)
4.30B
est: 1.54B (+178.1%)
4.71B
est: 443.46M (+962.7%)
4.99B
est: 448.76M (+1,011.1%)
5.74B
est: 477.45M (+1,101.7%)
5.56B
est: 533.26M (+941.9%)
1.98B
est: 578.65M (+242.4%)
1.26B
est: 680.43M (+84.5%)
-7.96B
est: 920.87M (-964.3%)
2.10B
est: 479.84M (+337.5%)
3.08B
est: 515.89M (+496.9%)
542.35M
540.32M – 544.97M
+5.1% YoY
559.17M
555.05M – 563.13M
+3.1% YoY
601.05M
587.40M – 614.70M
+7.5% YoY
595.62M
592.30M – 599.18M
-0.9% YoY
635.25M
631.70M – 639.04M
+6.7% YoY
EBIT
989.20M
est: -221.99M (+545.6%)
869.40M
est: -250.98M (+446.4%)
2.11B
est: 1.20B (+75.1%)
4.27B
est: -549.41M (+877.1%)
4.34B
est: -473.75M (+1,016.2%)
4.25B
est: -479.42M (+986.1%)
3.54B
est: -510.07M (+794.2%)
5.42B
est: -569.69M (+1,050.8%)
5.94B
est: -618.19M (+1,061.0%)
-23.80M
est: -726.92M (+96.7%)
-8.37B
est: -2.04B (-310.7%)
1.98B
est: -1.06B (+286.3%)
2.57B
est: -1.14B (+324.7%)
-1.20B
-1.21B – -1.20B
-5.1% YoY
-1.24B
-1.25B – -1.23B
-3.1% YoY
-1.33B
-1.36B – -1.30B
-7.5% YoY
-1.32B
-1.33B – -1.31B
+0.9% YoY
-1.41B
-1.41B – -1.40B
-6.7% YoY
Net Income
480.20M
est: 748.58M (-35.9%)
402.60M
est: 542.92M (-25.8%)
963.50M
est: 563.40M (+71.0%)
2.34B
est: 1.05B (+123.6%)
2.45B
est: 2.69B (-8.9%)
2.31B
est: 2.66B (-13.2%)
1.19B
est: 2.52B (-52.9%)
3.27B
est: 1.37B (+139.0%)
2.68B
est: 1.49B (+80.4%)
-669.40M
est: 1.51B (-144.3%)
-6.29B
est: -2.83B (-122.5%)
-896.00M
est: 1.54B (-158.2%)
3.72B
est: 2.31B (+61.2%)
1.75B
1.58B – 1.91B
-24.4% YoY
1.80B
1.61B – 2.00B
+3.4% YoY
1.82B
1.76B – 1.88B
+0.9% YoY
1.70B
1.68B – 1.71B
-6.8% YoY
2.31B
2.29B – 2.32B
+35.9% YoY
SGA
34.10M
est: 59.98M (-43.2%)
73.80M
est: 304.25M (-75.7%)
144.00M
est: 452.99M (-68.2%)
122.00M
est: 630.26M (-80.6%)
112.30M
est: 652.19M (-82.8%)
139.60M
est: 692.99M (-79.9%)
132.70M
est: 865.44M (-84.7%)
125.70M
est: 931.43M (-86.5%)
238.20M
est: 1.01B (-76.5%)
187.50M
est: 1.03B (-81.8%)
818.30M
est: 350.49M (+133.5%)
187.80M
est: 1.16B (-83.8%)
—
est: 196.36M (-100.0%)
206.43M
205.65M – 207.42M
+5.1% YoY
212.83M
211.26M – 214.33M
+3.1% YoY
228.77M
223.57M – 233.96M
+7.5% YoY
226.70M
225.44M – 228.06M
-0.9% YoY
241.78M
240.43M – 243.23M
+6.7% YoY
EPS
1.48
est: 0.91 (+62.0%)
1.02
est: 1.05 (-3.2%)
1.82
est: 1.25 (+45.0%)
3.92
est: 1.46 (+168.6%)
4.01
est: 4.21 (-4.7%)
3.62
est: 3.54 (+2.3%)
1.77
est: 2.87 (-38.3%)
4.65
est: 2.15 (+116.1%)
3.57
est: 2.43 (+47.2%)
-0.85
est: 2.38 (-135.7%)
-7.80
est: -3.31 (-135.8%)
-1.09
est: 1.80 (-160.5%)
4.47
est: 2.70 (+65.4%)
1.99
1.85 – 2.24
-26.5% YoY
2.12
1.88 – 2.34
+6.8% YoY
2.13
2.07 – 2.20
+0.5% YoY
1.99
1.97 – 2.00
-6.8% YoY
2.70
2.68 – 2.72
+35.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A 4/5 4/5 5/5 4/5 2/5 4/5 4/5
2026-05-08 A+ 4/5 4/5 5/5 5/5 2/5 4/5 4/5
2026-05-07 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-06 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-05 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-05-04 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-30 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-29 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-28 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-27 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-24 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-23 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-22 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-21 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-20 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-17 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-16 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5
2026-04-15 A 4/5 4/5 5/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.45B
OE per share TTM
1.75
Owner's Yield
7.62%
Maintenance CapEx ratio
18.30%
Maint CapEx / Avg PPE
13.8%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
13.20M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
1
Reduced
0
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
# Investor ⇅ Shares / Δ ⇅ Mkt value / Δ ⇅ Own% / Δ ⇅ Weight% / Δ ⇅ Avg px / Perf. ⇅ Hold / Status ⇅
1 GENERALI INVESTMENTS CEE, INVESTICNI SPOLECNOST, A.S. 492.2K +79.1K (+19.2%) 14.18M +1.3M (+10.5%) 0.06% +0.008 pp 1.00% +0.022 pp EUR25.40 -3.4% 4 qtrs —
2 — — -816.0 (-100.0%) — -25.5K (-100.0%) 0.00% 0.000 pp 0.00% -0.005 pp EUR— 2 qtrs SOLD
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
208.5K
Shares Outstanding
848.43M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ruth Werhahn Chief Human Resources Officer & Member of Management Board 2M female
Philip Grosse Chief Financial Officer & Member of Management Board 2M male
Daniel Joachim Riedl FRICS Chief Development Officer & Member of Management Board 2M male
Arnd Fittkau Chief Rental Officer & Member of Management Board 2M male
Klaus Markus Head of Corporation Communications — —
Luka Mucic Chairman Management Board & CEO — male
Rene Hoffmann Head of Investor Relations — male
Katja Wunschel Member of the Management Board — female
Isabel Ohlies Head of Innovation Management - Innovation & Business Building — —
Karsten Rech Chief Information Officer — —
Alexander Weihe Head of Innovation & Business Building — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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