VIB Vermögen AG develops, buys, holds, and manages commercial real estate properties in Southern Germany. More Details
Established dividend payer with proven track record.
Share Price & News
How has VIB Vermögen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VIH1 is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: VIH1's weekly volatility (4%) has been stable over the past year.
7 Day Return
DE Real Estate
1 Year Return
DE Real Estate
Return vs Industry: VIH1 underperformed the German Real Estate industry which returned 5.4% over the past year.
Return vs Market: VIH1 matched the German Market which returned 2.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is VIB Vermögen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Closer Look At VIB Vermögen AG's (ETR:VIH1) Impressive ROE
1 month ago | Simply Wall StVIB Vermögen (ETR:VIH1) Has A Somewhat Strained Balance Sheet
1 month ago | Simply Wall StVIB Vermögen AG's (ETR:VIH1) 2.4% Dividend Yield Looks Pretty Interesting
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 (€28.6) is trading above our estimate of fair value (€8.68)
Significantly Below Fair Value: VIH1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VIH1 is good value based on its PE Ratio (11x) compared to the DE Real Estate industry average (12.1x).
PE vs Market: VIH1 is good value based on its PE Ratio (11x) compared to the German market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: VIH1 is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: VIH1's PB Ratio (1.4x) is in line with the DE Real Estate industry average.
How is VIB Vermögen forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VIH1's forecast earnings growth (4.1% per year) is above the savings rate (0.2%).
Earnings vs Market: VIH1's earnings (4.1% per year) are forecast to grow slower than the German market (27.2% per year).
High Growth Earnings: VIH1's earnings are forecast to grow, but not significantly.
Revenue vs Market: VIH1's revenue (6.7% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: VIH1's revenue (6.7% 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 (9.7%).
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 €30.4M impacting its September 30 2020 financial results.
Growing Profit Margin: VIH1's current net profit margins (76%) are higher than last year (63.9%).
Past Earnings Growth Analysis
Earnings Trend: VIH1's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: VIH1's earnings growth over the past year (23.6%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: VIH1 earnings growth over the past year (23.6%) exceeded the Real Estate industry 0.09%.
Return on Equity
High ROE: VIH1's Return on Equity (12.1%) is considered low.
How is VIB Vermögen's financial position?
Financial Position Analysis
Short Term Liabilities: VIH1's short term assets (€39.6M) exceed its short term liabilities (€34.8M).
Long Term Liabilities: VIH1's short term assets (€39.6M) do not cover its long term liabilities (€760.6M).
Debt to Equity History and Analysis
Debt Level: VIH1's debt to equity ratio (119.4%) is considered high.
Reducing Debt: VIH1's debt to equity ratio has reduced from 140.1% to 119.4% over the past 5 years.
Debt Coverage: VIH1's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: VIH1's interest payments on its debt are well covered by EBIT (4.8x coverage).
What is VIB Vermögen current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VIH1's dividend (2.45%) is higher than the bottom 25% of dividend payers in the German market (1.14%).
High Dividend: VIH1's dividend (2.45%) is low compared to the top 25% of dividend payers in the German market (3.71%).
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 (27%), 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 (35.7% 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 ...
|Chairman of Management Board & Chief Executive Officer||3.92yrs||no data||no data|
|CFO & Member of Management Board||8yrs||no data||no data|
|Head of Accounting||11.92yrs||no data||no data|
|Investor Relations||no data||no data||no data|
|Head of Real Estate Department||12.92yrs||no data||no data|
|Head of Participations Controlling and Financing||no data||no data||no data|
Experienced Management: VIH1's management team is seasoned and experienced (10 years average tenure).
|Supervisory Board Member||20.92yrs||no data||no data|
|Chairman of Supervisory Board||1.17yrs||no data||no data|
|Supervisory Board Member||20.92yrs||no data||no data|
|Supervisory Board Deputy Chairman||9.42yrs||no data||no data|
Experienced Board: VIH1's board of directors are seasoned and experienced ( 15.2 years average tenure).
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 company bio, 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: €765.339m
- Shares outstanding: 27.58m
- Website: https://www.vib-ag.de
Number of Employees
- VIB Vermögen AG
- Tilly-Park 1
- Neuburg an der Donau
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VIH1||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Nov 2005|
|VIH1||XTRA (XETRA Trading Platform)||Yes||Registered Shares||DE||EUR||Nov 2005|
|VIHD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Shares||GB||EUR||Nov 2005|
|VIBV.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Sep 2013|
VIB Vermögen AG develops, buys, holds, and manages commercial real estate properties in Southern Germany. As of December 31, 2019, its real estate portfolio comprised 109 logistics and light industry prope...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 19:58|
|End of Day Share Price||2020/12/04 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.