Added to YB: 2024-02-02
Pitch date: 2024-02-01
VONOY [bullish]
Vonovia SE
-9.34%
current return
Author Info
No bio for this author
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Company Info
Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development.
Market Cap
EUR 21.3B
Pitch Price
EUR 26.69
Price Target
50.00 (+107%)
Dividend
4.80%
EV/EBITDA
32.86
P/E
7.88
EV/Sales
8.93
Sector
Real Estate Management and Development
Category
value
Show full summary:
Vonovia: Despite Recent Rebound, Still Has A Lot Of Gas Left In The Tank
VONOY: Undervalued German property co. +70% since Mar but still cheap at 0.4x book (historical 1-1.6x). Upside: in-place rent catch-up, easing rates, housing shortage. Risks: efficiency reqs, div tax. DCF >€50. Safe income play w/ appreciation potential.
Read full article (9 min)