VIB Vermögen AG develops, buys, holds, rents, and manages commercial real estate properties in Southern Germany.
VIB Vermögen Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€37.00|
|52 Week High||€26.00|
|52 Week Low||€39.15|
|1 Month Change||-3.39%|
|3 Month Change||1.79%|
|1 Year Change||36.78%|
|3 Year Change||61.57%|
|5 Year Change||86.12%|
|Change since IPO||560.71%|
Recent News & Updates
|VIH1||DE Real Estate||DE Market|
Return vs Industry: VIH1 exceeded the German Real Estate industry which returned 8.5% over the past year.
Return vs Market: VIH1 exceeded the German Market which returned 27% over the past year.
Stable Share Price: VIH1 is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: VIH1's weekly volatility (3%) has been stable over the past year.
About the Company
VIB Vermögen AG develops, buys, holds, rents, and manages commercial real estate properties in Southern Germany. As of December 31, 2020, its real estate portfolio comprised 113 logistics and light industry properties, and specialist retail parks, as well as commercial and service centers with a total rentable area of approximately 1.29 million square meters. The company was founded in 1993 and is based in Neuburg an der Donau, Germany.
VIB Vermögen Fundamentals Summary
|VIH1 fundamental statistics|
Is VIH1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VIH1 income statement (TTM)|
|Cost of Revenue||€17.28m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.47|
|Net Profit Margin||68.96%|
How did VIH1 perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is VIB Vermögen undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VIH1 (€37.35) is trading above our estimate of fair value (€12.09)
Significantly Below Fair Value: VIH1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VIH1 is poor value based on its PE Ratio (15.1x) compared to the German Real Estate industry average (14.7x).
PE vs Market: VIH1 is good value based on its PE Ratio (15.1x) compared to the German market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: VIH1 is poor value based on its PEG Ratio (5.1x)
Price to Book Ratio
PB vs Industry: VIH1 is overvalued based on its PB Ratio (1.6x) compared to the DE Real Estate industry average (1.3x).
How is VIB Vermögen forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VIH1's forecast earnings growth (2.9% per year) is above the savings rate (0.01%).
Earnings vs Market: VIH1's earnings (2.9% per year) are forecast to grow slower than the German market (12.5% per year).
High Growth Earnings: VIH1's earnings are forecast to grow, but not significantly.
Revenue vs Market: VIH1's revenue (4.5% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: VIH1's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VIH1's Return on Equity is forecast to be low in 3 years time (9.9%).
How has VIB Vermögen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIH1 has a large one-off gain of €21.0M impacting its June 30 2021 financial results.
Growing Profit Margin: VIH1's current net profit margins (69%) are lower than last year (72.5%).
Past Earnings Growth Analysis
Earnings Trend: VIH1's earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: VIH1's earnings growth over the past year (1.7%) is below its 5-year average (9.6% per year).
Earnings vs Industry: VIH1 earnings growth over the past year (1.7%) exceeded the Real Estate industry -6.6%.
Return on Equity
High ROE: VIH1's Return on Equity (10.6%) is considered low.
How is VIB Vermögen's financial position?
Financial Position Analysis
Short Term Liabilities: VIH1's short term assets (€76.8M) exceed its short term liabilities (€74.0M).
Long Term Liabilities: VIH1's short term assets (€76.8M) do not cover its long term liabilities (€755.6M).
Debt to Equity History and Analysis
Debt Level: VIH1's debt to equity ratio (114%) is considered high.
Reducing Debt: VIH1's debt to equity ratio has reduced from 130.7% to 114% over the past 5 years.
Debt Coverage: VIH1's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: VIH1's interest payments on its debt are well covered by EBIT (5.4x coverage).
What is VIB Vermögen current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VIH1's dividend (2.01%) is higher than the bottom 25% of dividend payers in the German market (1%).
High Dividend: VIH1's dividend (2.01%) is low compared to the top 25% of dividend payers in the German market (3.14%).
Stability and Growth of Payments
Stable Dividend: VIH1's dividends per share have been stable in the past 10 years.
Growing Dividend: VIH1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.4%), VIH1's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VIH1's dividends in 3 years are forecast to be well covered by earnings (36.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Martin Pfandzelter has been Chairman of Management Board and Chief Executive Officer at VIB Vermögen AG since January 1, 2017. Mr. Pfandzelter served as the Chief Operating Officer of VIB Vermoegen AG...
Experienced Management: VIH1's management team is seasoned and experienced (10.7 years average tenure).
Experienced Board: VIH1's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
VIB Vermögen AG's employee growth, exchange listings and data sources
- Name: VIB Vermögen AG
- Ticker: VIH1
- Exchange: XTRA
- Founded: 1993
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: €1.020b
- Shares outstanding: 27.58m
- Website: https://www.vib-ag.de
Number of Employees
- VIB Vermögen AG
- Tilly-Park 1
- Neuburg an der Donau
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 21:20|
|End of Day Share Price||2021/09/27 00:00|
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.