Vonovia/€VNA
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Vonovia
Vonovia SE, with the ticker symbol VNA, operates as a fully integrated residential real estate company primarily in Germany, Austria, and Sweden. Founded in 2001 and headquartered in Bochum, Germany, Vonovia is noted for managing, leasing, and selling apartments, making significant contributions to the residential real estate sector. The company also actively engages in modernization and senior-friendly remodeling of properties, emphasizing sustainable living.
- Ticker
- €VNA
- Sector
- Real Estate
- Primary listing
- XETRA
- Employees
- 13,162
- Headquarters
- Bochum, Germany
- Website
- www.vonovia.com
Vonovia Metrics
BasicAdvanced
€14B
9.17
€1.86
1.49
€1.25
7.34%
Price and volume
Market cap
€14B
Beta
1.49
52-week high
€28.88
52-week low
€16.31
Average daily volume
3.8M
Dividend rate
€1.25
Financial strength
Current ratio
1.104
Quick ratio
0.375
Long term debt to equity
1.237
Total debt to equity
1.33
Dividend payout ratio (TTM)
60.44%
Interest coverage (TTM)
2.50%
Profitability
EBITDA (TTM)
2,320.9
Gross margin (TTM)
59.37%
Net profit margin (TTM)
29.46%
Operating margin (TTM)
36.25%
Effective tax rate (TTM)
37.76%
Revenue per employee (TTM)
€450,000
Management effectiveness
Return on assets (TTM)
1.46%
Return on equity (TTM)
6.57%
Valuation
Price to earnings (TTM)
9.168
Price to revenue (TTM)
2.424
Price to book
0.53
Price to tangible book (TTM)
0.56
Price to free cash flow (TTM)
7.092
Free cash flow yield (TTM)
14.10%
Free cash flow per share (TTM)
2.401
Dividend yield (TTM)
7.34%
Forward dividend yield
7.34%
Growth
Revenue change (TTM)
-20.69%
Earnings per share change (TTM)
-44.11%
3-year revenue growth (CAGR)
0.30%
10-year revenue growth (CAGR)
5.05%
3-year earnings per share growth (CAGR)
-37.92%
10-year earnings per share growth (CAGR)
-0.85%
3-year dividend per share growth (CAGR)
13.72%
10-year dividend per share growth (CAGR)
2.89%
What the Analysts think about Vonovia
Analyst ratings (Buy, Hold, Sell) for Vonovia stock.
Analyst projections of the future price of Vonovia stock.
Bulls say / Bears say
Rental earnings grew 3.5% in the first nine months despite a smaller portfolio. Low vacancy of 2.3% and a 99.6% rent collection rate point to resilient demand and reliable income. (Vonovia)
The Value-add business is expanding beyond rent collection: its adjusted EBITDA rose 31.4% in the first nine months, supported by Vonovia’s trades operation and energy business. (Deutsche Börse)
Vonovia had completed about €900 million of asset disposals by the end of September and said it remained on course for its €5 billion disposal programme through 2028. Progress on sales offers a route to reducing debt without relying solely on earnings growth. (finanzen.at)
Higher financing costs are eating into earnings: nine-month adjusted EBT fell 3.5% even as EBITDA rose, while the adjusted net financial result worsened to a €636.6 million loss. LTV was 46.1% at September-end, leaving the group exposed to refinancing costs. (Deutsche Börse)
Management has tempered its growth ambitions: 2026 rent growth is now expected at about 3.8%, and the 2028 target was reduced from 5% to 4.5%. It is also suspending new Manage-to-Green investment and scaling back development projects, which may constrain future growth. (Immobilien Zeitung, Vonovia)
A proposed Berlin law to socialise large landlords’ housing portfolios creates political and valuation uncertainty for Vonovia, which owns about 138,000 flats in Berlin and the surrounding area. The proposal is not settled, but it adds a further risk to investor confidence. (onvista)
Data summarised monthly by Lightyear AI. Last updated on 4 Nov 2026.
Vonovia Financial Performance
Revenues and expenses
Vonovia Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Vonovia
AllEURUSDGBP
Fund name | Fund size | €VNA weighting |
|---|---|---|
iShares European Property Yield£IPRP | €833M | 10.11% |
iShares European Property Yield€IPRP | €833M | 10.11% |
iShares STOXX Europe 600 Real Estate€EXI5 | €63M | 8.46% |
iShares DivDAX€EXSB | €562M | 2.09% |
iShares Dax ESG€EXIA | €127M | 1.41% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.