|Bid||23.84 x 0|
|Ask||23.94 x 0|
|Day's Range||23.79 - 23.79|
|52 Week Range||15.52 - 28.17|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 03, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Key Insights Vonovia's estimated fair value is €22.22 based on 2 Stage Free Cash Flow to Equity Current share price of...
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Germany's largest real estate group Vonovia slipped to a 2 billion euro ($2.19 billion) second quarter loss and wrote down the value of its properties by 3 billion euros on Thursday in the latest sign of stress in the country's property sector. After a decade-long property boom, Germany is undergoing a sharp reversal of fortune after an era of cheap money ended. Vonovia's quarterly loss compared to a profit of 1.8 billion euros a year earlier, and Germany's biggest landlord confirmed its forecast for a 2023 drop in a key profit measure.