Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vonovia SE's Enterprise Value is €21,416 Mil.
Vonovia SE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €3,530 Mil. Therefore, Vonovia SE's EV-to-EBIT ratio for today is 6.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vonovia SE's Enterprise Value is €21,416 Mil.
Vonovia SE's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €4,046 Mil. Therefore, Vonovia SE's EV-to-EBITDA ratio for today is 5.29.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vonovia SE's Enterprise Value is €21,416 Mil.
Vonovia SE's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €5,272 Mil. Therefore, Vonovia SE's EV-to-Revenue ratio for today is 4.06.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vonovia SE's Enterprise Value is €21,416 Mil.
Vonovia SE's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €2,197 Mil. Therefore, Vonovia SE's EV-to-FCF ratio for today is 9.75.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Vonovia SE (FRA:VNA) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Vonovia SE's current Enterprise Value is €21,416 Mil.
Vonovia SE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,530 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Vonovia SE's current Enterprise Value is €21,416 Mil.
Vonovia SE's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,046 Mil.
Vonovia SE's current Enterprise Value is €21,416 Mil.
Vonovia SE's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,272 Mil.
Vonovia SE's current Enterprise Value is €21,416 Mil.
Vonovia SE's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,197 Mil.
Vonovia SE's current Enterprise Value is €21,416 Mil.
Vonovia SE's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,197 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vonovia SE Enterprise Value Related Terms
Vonovia SE Enterprise Value Historical Data
* Premium members only.
The historical data trend for Vonovia SE's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:VNA vs CBRE, BEKE, JLL: Enterprise Value Comparison
For the Real Estate Services subindustry, Vonovia SE's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vonovia SE Enterprise Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Vonovia SE's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Vonovia SE's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Vonovia SE's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vonovia SE (FRA:VNA) has a Enterprise Value of €21,416 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vonovia SE and its competitors.
Is Vonovia SE's Enterprise Value too high?
Vonovia SE's current Enterprise Value is €21,416 Mil. Overall, Vonovia SE has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vonovia SE's Enterprise Value compare to CBRE and BEKE?
Vonovia SE's Enterprise Value of €21,416 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Real Estate company?
A good Enterprise Value depends on the Real Estate industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vonovia SE and its competitors. Vonovia SE's current Enterprise Value is €21,416 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vonovia SE stock overvalued right now?
Based on GuruFocus' analysis, Vonovia SE (FRA:VNA) is currently considered Fairly Valued. The stock's GF Value™ is €23.20, compared to a current price of €21.36 — trading 7.9% below its estimated fair value. The current Enterprise Value is €21,416 Mil. Vonovia SE's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Vonovia SE (FRA:VNA), the current Enterprise Value is €21,416 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vonovia SE (FRA:VNA) Overvalued in 2026?
Based on GuruFocus' analysis, Vonovia SE stock appears to be undervalued.
The current stock price of €21.36 is trading 7.9% below its estimated GF Value™ of €23.20.
GuruFocus considers Vonovia SE to be Fairly Valued.
Key valuation signals for FRA:VNA:
Enterprise Value: €21,416 Mil
GF Value™: €23.20 vs. price of €21.36 (7.9% below fair value)
No single metric tells the full story. See the FRA:VNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vonovia SE is a residential real estate company based out of Germany. It owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. The company manages its operations through four business segments; Rental, Value-add, Recurring Sales, and Development. Maximum revenue is generated from the Rental segment, which combines all of the business activities that are aimed at the value-enhancing management of its residential real estate. It includes the company's property management activities in Germany, Austria, and Sweden.
63GF Score
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