Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe.
+ 1 more risk
Fair value with mediocre balance sheet.
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: DWHH.F has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: DWHH.F exceeded the US Real Estate industry which returned -30.9% over the past year.
Return vs Market: DWHH.F underperformed the US Market which returned -10.4% over the past year.
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
No news available
Is Deutsche Wohnen 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: DWHH.F ($37.86) is trading above our estimate of fair value ($15.17)
Significantly Below Fair Value: DWHH.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DWHH.F is good value based on its PE Ratio (8x) compared to the Real Estate industry average (15.8x).
PE vs Market: DWHH.F is good value based on its PE Ratio (8x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: DWHH.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DWHH.F is good value based on its PB Ratio (1x) compared to the US Real Estate industry average (1.1x).
How is Deutsche Wohnen forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DWHH.F's earnings are forecast to decline over the next 3 years (-40.6% per year).
Earnings vs Market: DWHH.F's earnings are forecast to decline over the next 3 years (-40.6% per year).
High Growth Earnings: DWHH.F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DWHH.F's revenue is expected to decline over the next 3 years (-43.8% per year).
High Growth Revenue: DWHH.F's revenue is forecast to decline over the next 3 years (-43.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DWHH.F's Return on Equity is forecast to be low in 3 years time (4.2%).
How has Deutsche Wohnen performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DWHH.F has a large one-off gain of €1.4B impacting its December 31 2019 financial results.
Growing Profit Margin: DWHH.F's current net profit margins (68.4%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: DWHH.F's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: DWHH.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DWHH.F had negative earnings growth (-16.6%) over the past year, making it difficult to compare to the Real Estate industry average (10.6%).
Return on Equity
High ROE: DWHH.F's Return on Equity (12.2%) is considered low.
How is Deutsche Wohnen's financial position?
Financial Position Analysis
Short Term Liabilities: DWHH.F's short term assets (€1.9B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: DWHH.F's short term assets (€1.9B) do not cover its long term liabilities (€13.6B).
Debt to Equity History and Analysis
Debt Level: DWHH.F's debt to equity ratio (76.9%) is considered high.
Reducing Debt: DWHH.F's debt to equity ratio has reduced from 116.2% to 76.9% over the past 5 years.
Debt Coverage: DWHH.F's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: DWHH.F's interest payments on its debt are well covered by EBIT (5x coverage).
Inventory Level: DWHH.F has a high level of physical assets or inventory.
Debt Coverage by Assets: DWHH.F's debt is not covered by short term assets (assets are 0.2x debt).
What is Deutsche Wohnen's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DWHH.F's dividend (2.63%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: DWHH.F's dividend (2.63%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, DWHH.F has been paying a dividend for less than 10 years.
Growing Dividend: DWHH.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21%), DWHH.F's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DWHH.F's dividends in 3 years are forecast to be covered by earnings (63.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Zahn (56yo)
Mr. Michael Zahn is Chairman of the Management Board at Deutsche Wohnen SE. In December 2008, Mr. Zahn was appointed as the Chief Executive Officer of Deutsche Wohnen SE. graduated as an Economist from the ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.55M) is below average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||11.25yrs||€2.31m||0.015% €2.0m|
|CFO & Member of the Management Board||3.42yrs||€1.12m||0.0044% €592.2k|
|COO & Member of the Executive Board||1.17yrs||€677.93k||no data|
|Chief Development Officer & Member of Management Board||0.17yr||€620.00k||no data|
|Head of Investor Relations||no data||no data||no data|
|Managing Director of Corporate Development & Strategy||no data||no data||no data|
|Managing Director of Human Resources||no data||no data||no data|
|Managing Director of Financing||no data||no data||no data|
Experienced Management: DWHH.F's management team is considered experienced (2.3 years average tenure).
|Supervisory Board Deputy Chairman||13.58yrs||€127.50k||0.00089% €118.7k|
|Chairman of the Supervisory Board||1.67yrs||€255.00k||no data|
|Member of Supervisory board||0.67yr||€43.75k||no data|
|Supervisory Board Member||2.42yrs||€95.00k||no data|
|Member of Supervisory Board||14yrs||€105.00k||no data|
|Member of the Supervisory Board||1.67yrs||€77.92k||no data|
Experienced Board: DWHH.F's board of directors are not considered experienced ( 2 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.
Deutsche Wohnen SE's company bio, employee growth, exchange listings and data sources
- Name: Deutsche Wohnen SE
- Ticker: DWHH.F
- Exchange: OTCPK
- Founded: 1924
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: €12.090b
- Listing Market Cap: €13.339b
- Shares outstanding: 353.00m
- Website: https://www.deutsche-wohnen.com
Number of Employees
- Deutsche Wohnen SE
- Mecklenburgische Strasse 57
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DWNI||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jul 2006|
|DWNI||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Jul 2006|
|DWHH.F||OTCPK (Pink Sheets LLC)||Yes||Bearer Shares||US||USD||Jul 2006|
|0OBQ||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Jul 2006|
|DWNID||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Jul 2006|
|DWNI||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||Jul 2006|
|DWNI||WBAG (Wiener Boerse AG)||Yes||Bearer Shares||AT||EUR||Jul 2006|
|DWNI||ETLX (Eurotlx)||Yes||Bearer Shares||IT||EUR||Jul 2006|
|DTCW.Y||OTCPK (Pink Sheets LLC)||UNSPON ADR EACH REP 0.5 ORD SHS||US||USD||Feb 2017|
|DWNP||DB (Deutsche Boerse AG)||UNSPON ADR EACH REP 0.5 ORD SHS||DE||EUR||Feb 2017|
|DWNG||DB (Deutsche Boerse AG)||NPV||DE||EUR||Dec 2019|
Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe. The company operates through three segments: Residential Property Management, Disposals, and Nursing and Assisted Living. Its property portfolio consists of approximately 167,000 residential and commercial units; nursing properties with approximately 12,100 beds; and apartments for assisted living. The company manages and markets nursing and residential care homes, as well as provides services for the care of the senior citizens. Deutsche Wohnen SE was founded in 1924 and is headquartered in Berlin, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 03:21|
|End of Day Share Price||2020/03/30 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.