Deutsche Wohnen
Market Cap
€14.3b
Last Updated
2021/04/11 19:10 UTC
Data Sources
Company Financials +
Executive Summary
Deutsche Wohnen SE develops and manages residential properties in Germany. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 23.9% per year for the next 3 years
Snowflake Analysis
Established dividend payer and fair value.
Similar Companies
Share Price & News
How has Deutsche Wohnen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DWNI is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DWNI's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
2.1%
DWNI
1.2%
DE Real Estate
0.8%
DE Market
1 Year Return
18.4%
DWNI
19.3%
DE Real Estate
44.3%
DE Market
Return vs Industry: DWNI matched the German Real Estate industry which returned 19.3% over the past year.
Return vs Market: DWNI underperformed the German Market which returned 44.3% over the past year.
Shareholder returns
| DWNI | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 1.2% | 0.8% |
| 30 Day | 7.1% | 2.9% | 4.6% |
| 90 Day | -0.9% | 0.5% | 9.0% |
| 1 Year | 21.0%18.4% | 22.7%19.3% | 49.0%44.3% |
| 3 Year | 16.9%9.5% | 24.5%15.1% | 24.6%13.8% |
| 5 Year | 70.7%53.7% | 66.8%47.1% | 54.9%32.9% |
Long-Term Price Volatility Vs. Market
How volatile is Deutsche Wohnen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Much Of Deutsche Wohnen SE (ETR:DWNI) Do Institutions Own?1 month ago | Simply Wall St
Here's Why Deutsche Wohnen (ETR:DWNI) Has A Meaningful Debt Burden1 month ago | Simply Wall St
Declining Stock and Decent Financials: Is The Market Wrong About Deutsche Wohnen SE (ETR:DWNI)?Valuation
Is Deutsche Wohnen undervalued compared to its fair value and its price relative to the market?
9.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DWNI (€41.5) is trading above our estimate of fair value (€12.82)
Significantly Below Fair Value: DWNI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DWNI is good value based on its PE Ratio (9.6x) compared to the DE Real Estate industry average (16.2x).
PE vs Market: DWNI is good value based on its PE Ratio (9.6x) compared to the German market (27.8x).
Price to Earnings Growth Ratio
PEG Ratio: DWNI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DWNI is good value based on its PB Ratio (1.1x) compared to the DE Real Estate industry average (1.3x).
Future Growth
How is Deutsche Wohnen forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-23.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DWNI's earnings are forecast to decline over the next 3 years (-23.9% per year).
Earnings vs Market: DWNI's earnings are forecast to decline over the next 3 years (-23.9% per year).
High Growth Earnings: DWNI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DWNI's revenue is expected to decline over the next 3 years (-51.9% per year).
High Growth Revenue: DWNI's revenue is forecast to decline over the next 3 years (-51.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DWNI's Return on Equity is forecast to be low in 3 years time (5.4%).
Past Performance
How has Deutsche Wohnen performed over the past 5 years?
1.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DWNI has a large one-off gain of €1.8B impacting its December 31 2020 financial results.
Growing Profit Margin: DWNI's current net profit margins (54.8%) are lower than last year (68%).
Past Earnings Growth Analysis
Earnings Trend: DWNI's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: DWNI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DWNI had negative earnings growth (-1.8%) over the past year, making it difficult to compare to the Real Estate industry average (-1.8%).
Return on Equity
High ROE: DWNI's Return on Equity (11.2%) is considered low.
Financial Health
How is Deutsche Wohnen's financial position?
Financial Position Analysis
Short Term Liabilities: DWNI's short term assets (€1.4B) exceed its short term liabilities (€923.6M).
Long Term Liabilities: DWNI's short term assets (€1.4B) do not cover its long term liabilities (€16.0B).
Debt to Equity History and Analysis
Debt Level: DWNI's debt to equity ratio (83%) is considered high.
Reducing Debt: DWNI's debt to equity ratio has increased from 77.9% to 83% over the past 5 years.
Debt Coverage: DWNI's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: DWNI's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
Dividend
What is Deutsche Wohnen current dividend yield, its reliability and sustainability?
2.48%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DWNI's dividend (2.48%) is higher than the bottom 25% of dividend payers in the German market (1.07%).
High Dividend: DWNI's dividend (2.48%) is low compared to the top 25% of dividend payers in the German market (3.21%).
Stability and Growth of Payments
Stable Dividend: DWNI's dividends per share have been stable in the past 10 years.
Growing Dividend: DWNI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.8%), DWNI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DWNI's dividends in 3 years are forecast to be covered by earnings (63.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Michael Zahn (57 yo)
12.33yrs
Tenure
€2,513,000
Compensation
Mr. Michael Zahn has been Member of Supervisory Board at DIC Asset AG since July 8, 2020. Mr. Zahn is Chairman of the Management Board and Chief Executive Officer at Deutsche Wohnen SE since December 2008 ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.99M) is below average for companies of similar size in the German market ($USD5.20M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: DWNI's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: DWNI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Deutsche Wohnen SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Deutsche Wohnen SE
- Ticker: DWNI
- Exchange: XTRA
- Founded: 1924
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: €14.267b
- Shares outstanding: 343.77m
- Website: https://www.deutsche-wohnen.com
Number of Employees
Location
- Deutsche Wohnen SE
- Mecklenburgische Strasse 57
- Berlin
- Berlin
- 14197
- Germany
Listings
Biography
Deutsche Wohnen SE develops and manages residential properties in Germany. The company operates through four segments: Residential Property Management, Disposals, Nursing home operators, and Nursing Proper...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 19:10 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.