VONOVIA SE

VNA
Real-time Estimate Quote. Real-time Estimate  - 11/26 03:59:50 pm
49.835EUR -4.60%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 33 81728 596
Entreprise Value (EV)1 57 86157 770
P/E ratio 10,2x6,73x
Yield 2,83%3,50%
Capitalization / Revenue 14,8x12,0x
EV / Revenue 25,3x24,3x
EV / EBITDA 30,3x28,4x
Price to Book 1,40x1,00x
Nbr of stocks (in thousands) 565 887575 257
Reference price (EUR) 59,849,7
Announcement Date 03/04/2021-
Previous period Next period
1 EUR in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 2 2862 374
EBITDA1 1 9102 034
Operating profit (EBIT)1 1 8181 769
Operating Margin 79,5%74,5%
Pre-Tax Profit (EBT)1 5 0148 024
Net income1 3 2294 274
Net margin 141%180%
EPS2 5,877,39
Dividend per Share2 1,691,74
Announcement Date 03/04/2021-
Previous period Next period
1 EUR in Million
2 EUR
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 24 04329 174
Net Cash position1 --
Leverage (Debt / EBITDA) 12,6x14,3x
Free Cash Flow1 -564-972
ROE (Net Profit / Equities) 14,5%8,96%
Shareholders' equity1 22 22847 704
ROA (Net Profit / Asset) 5,43%4,20%
Assets1 59 447101 771
Book Value Per Share2 42,749,5
Cash Flow per Share2 2,602,57
Capex1 1 9951 874
Capex / Sales 87,3%78,9%
Announcement Date 03/04/2021-
Previous period Next period
1 EUR in Million
2 EUR
Financial Ratios
Size 2021e 2022e
Capitalization 28 596 M € -
Entreprise Value (EV) 57 770 M € 58 719 M €
Valuation 2021e 2022e
P/E ratio (Price / EPS) 6,73x 9,43x
Capitalization / Revenue 12,0x 11,1x
EV / Revenue 24,3x 22,4x
EV / EBITDA 28,4x 26,6x
Yield (DPS / Price) 3,50% 3,77%
Price to book (Price / BVPS) 1,00x 0,92x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 74,5% 73,3%
Operating Leverage (Delta EBIT / Delta Sales) - 0,80x
Net Margin (Net Profit / Revenue) 180% 114%
ROA (Net Profit / Asset) 4,20% 3,40%
ROE (Net Profit / Equities) 8,96% 7,25%
Rate of Dividend 23,5% 35,5%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   78,9% 70,8%
Cash Flow / Sales 62,3% 60,7%
Capital Intensity (Assets / Sales) 42,9x 33,5x
Financial Leverage (Net Debt / EBITDA) 14,3x 13,9x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend