VONOVIA SE

VNA
Real-time Estimate Tradegate - 10:57 2022-12-07 am EST
23.32 EUR -0.28%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 37 66518 607
Enterprise Value (EV)1 84 00662 710
P/E ratio 11,5x11,5x
Yield 3,42%7,58%
Capitalization / Revenue 15,9x6,09x
EV / Revenue 35,6x20,5x
EV / EBITDA 37,0x23,2x
Price to Book 1,13x0,49x
Nbr of stocks (in thousands) 776 597795 850
Reference price (EUR) 48,523,4
Announcement Date 03/18/2022-
Previous period Next period
1 EUR in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 2 3623 055
EBITDA1 2 2692 705
Operating profit (EBIT)1 -1 2132 663
Operating Margin -51,4%87,2%
Pre-Tax Profit (EBT)1 5 4823 366
Net income1 2 6421 457
Net margin 112%47,7%
EPS2 4,222,04
Dividend per Share2 1,661,77
Announcement Date 03/18/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 46 34244 103
Net Cash position1 --
Leverage (Debt / EBITDA) 20,4x16,3x
Free Cash Flow1 9521 654
ROE (Net Profit / Equities) 9,20%6,34%
Shareholders' equity1 28 71622 979
ROA (Net Profit / Asset) 3,13%1,82%
Assets1 84 36879 846
Book Value Per Share2 42,948,0
Cash Flow per Share2 2,912,96
Capex1 8721 776
Capex / Sales 36,9%58,1%
Announcement Date 03/18/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 18 607 M € -
Enterprise Value (EV) 62 710 M € 61 077 M €
Valuation 2022e 2023e
P/E ratio (Price / EPS) 11,5x -36,3x
Capitalization / Revenue 6,09x 5,76x
EV / Revenue 20,5x 19,4x
EV / EBITDA 23,2x 23,1x
Yield (DPS / Price) 7,58% 7,57%
Price to book (Price / BVPS) 0,49x 0,54x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 87,2% 80,7%
Operating Leverage (Delta EBIT / Delta Sales) 10,9x -
Net Margin (Net Profit / Revenue) 47,7% -11,2%
ROA (Net Profit / Asset) 1,82% -0,70%
ROE (Net Profit / Equities) 6,34% 4,73%
Rate of Dividend 87,0% -275%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   58,1% 44,6%
Cash Flow / CA 77,2% 72,5%
Capital Intensity (Assets / Revenue) 26,1x 15,9x
Financial Leverage (Net Debt / EBITDA) 16,3x 15,7x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend