Vonovia SE

Vonovia SE

VNNVF
Vonovia SEUS flagOther OTC
24.15
USD
+0.31
- -
20.49BMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
3.53
3.34
2.95
4.05
3.76
3.98
4.6
4.7
4.96
5.56
6.96
6.48
7.25
7.27
Basic EPS, GAAP
0.57
1.5
1.03
1.89
3.98
4.08
3.62
1.77
4.71
3.6
-0.82
-7.8
-1.09
3.39
Free Cash Flow per Basic Share
1.28
0.81
1.16
1.35
1.41
1.57
1.78
2.32
2.06
2.45
2.64
2.36
2.93
3.28
Dividend per Share
0.01
0.02
0.03
0.58
0.76
0.46
0.63
0.62
0.75
0.69
0.91
- -
- -
- -
Book Value per Share
5.51
7.52
7.44
9.37
12.13
14.9
16.4
16.49
20.07
23.25
33.49
28.92
26.82
28.35
Tangible Book Value per Share
8.86
11.93
14.94
17.95
18.96
23.39
26.21
29.2
33.45
44.87
41.58
35.37
32.59
36.52
Basic Weighted Avg Shares
301
320
392
509
588
601
638
672
694
745
788
806
819
825
Sales/Revenue/Turnover
1,065
1,068
1,157
2,064
2,209
2,392
2,933
3,160
3,445
4,144
5,483
5,228
5,939
6,001
Operating Margin (%)
10.77
2.88
14.2
1.41
-11.16
-3.59
-14.5
-37.94
30.06
-63.61
-38.38
20.09
16.86
5.6
Depreciation Expense
6
7
7
13
27
372
738
2,176
92
3,873
1,279
465
134
436
Net Income, GAAP
171
480
403
964
2,341
2,451
2,306
1,187
3,268
2,680
-644
-6,285
-896
2,798
Effective Tax Rate (%)
20.2
29.79
30.45
42.65
34.9
35.95
37.98
58.77
33.39
48.36
- -
- -
- -
29.45
Profit Margin (%)
16.1
44.98
34.81
46.69
105.95
102.47
78.63
37.56
94.88
64.69
-11.74
-120.21
-15.09
46.63
Working Capital
-329
296
1,275
2,593
-342
-1,443
-2,398
-2,159
-1,130
-2,286
-124
1,736
445
-1,625
LT Debt
5,700
5,484
6,628
14,046
11,738
12,554
17,588
487
22,888
40,852
41,954
40,307
38,120
676
Total Equity
2,677
3,818
5,962
11,867
13,888
16,691
19,664
21,124
24,832
36,139
34,439
29,945
28,127
31,562
Return on Invested Capital (%)
1.02
0.23
1.03
0.08
-0.59
-0.19
-0.75
-1.55
1.88
-2.04
- -
- -
- -
- -
Return on Capital (%)
6.47
8.54
6.66
7.74
11.9
11.42
8.85
5.38
12.82
5.15
- -
- -
- -
2.28
Return on Common Equity (%)
10.71
23.63
15.14
25.06
39.32
30.47
23.76
11.02
26.14
17.16
-2.95
-25.28
-3.96
12.35

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
152
5,617
153
LT Borrowings
- -
36,372
- -
LT Finance Leases
680
676
676
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
823
836
841
Market Capitalization
20,539
24,483
20,551

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
7,025
5,845
6,512
Cash, Cash Equivalents & STI
2,854
2,184
3,359
Accounts Receivable, Net
463
280
295
Inventories
1,661
1,679
1,853
Total Current Liabilities
8,838
7,865
8,137
Payables & Accruals
- -
- -
- -
ST Debt
152
5,617
153
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.07%
7.85%
-6.07%
Free Cash Flow
19.49%
10.25%
26.32%
Net Income, GAAP
105.64%
164.77%
-85.74%
Sales/Revenue/Turnover
19.47%
14.11%
13.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,347
1,500
1,372
811
5,228
2024
1,290
1,302
1,404
1,943
5,939
2025
1,363
1,353
1,342
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-2.47
-2.34
0.44
- -
-7.8
2024
0.38
-0.95
-0.09
- -
-1.09
2025
0.6
0.38
2.8
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Luka Mucic
Full Time Employees
12,306
Sector
Real Estate
Industry
Real Estate - Services
Address
Universitätsstrasse 133 Bochum Germany 44803
IPO Date
Oct 31, 2013
Website
vonovia.de
Business
Vonovia SE Vonovia SE is Europe's leading private residential real estate company focused on the development, rental, and management of modern, energy-efficient housing units across Germany, Sweden, and Austria. The Bochum-based company, founded in 1998 and listed on the stock exchange since 2013, owns approximately 533,000 residential units and manages around 73,000 additional apartments, with a portfolio valued at roughly €82.3 billion; it operates through three core segments including Rental, Value-add Business, and Sales, offering comprehensive services such as property management, maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, insurances, in-house renovation, digital services, innovative energy solutions, gardening and landscaping, project development, property sales, and third-party property management. Vonovia emphasizes sustainability in its growth strategy targeting 2028, with plans to strengthen Value-add, Development, and Recurring Sales segments through serial modernization, modular new construction, and modern heating infrastructure while aiming for climate-neutral buildings by 2045 and annual investments rising to €2 billion by 2028 at a sustainable 7.1% return. Recent developments include the approval of a domination and profit-and-loss transfer agreement with Deutsche Wohnen SE in January 2025 to enhance operational flexibility and integration; a September 2024 agreement with Apollo to form a joint company holding 20% of Deutsche Wohnen shares, generating over €1 billion in cash inflow for Vonovia; acquisitions of land and property management units from QUARTERBACK Immobilien Group totaling €1.3 billion closed in early 2025 plus planned €0.2 billion more; sales of development properties to HIH Invest funds for around €1.1 billion while retaining equity stakes; disposal of 27 nursing homes for over €300 million and the Katharinenhof care business; a January 2025 acquisition of PFLEGEN & WOHNEN HAMBURG GmbH comprising 13 nursing homes for €380 million sold to the City of Hamburg; a November 2025 framework agreement with OXG for optical fibre expansion; dynamic financial growth in the first nine months of 2025 with adjusted EBITDA up €175 million, customer satisfaction at record highs, and confirmed full-year guidance at the upper end alongside €200 million EBITDA growth projected for 2026.

Company News

APIChat
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  • Vonovia: Recent Underperformance Presents A Buying Opportunity

  • Vonovia SE (VONOY) Q2 2025 Earnings Call Transcript

  • Vonovia: Analyst And Investor Day Confirms Bullish Outlook

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  • Vonovia: Loan-To-Value Declines To 45%

  • Vonovia SE (VONOY) Q1 2025 Earnings Call Transcript

  • Vodafone finance chief to leave for top job at German property group Vonovia

  • Vonovia SE (VONOY) Q4 2024 Earnings Call Transcript