Vornado Realty Trust
Vornado Realty Trust Fundamental Analysis
Vornado Realty Trust (VNO-PL) shows moderate financial fundamentals with a PE ratio of 6.13, profit margin of 49.99%, and ROE of 15.43%. The company generates $3.8B in annual revenue with weak year-over-year growth of -1.30%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 54.8/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze VNO-PL's fundamental strength across five key dimensions:
Efficiency Score
WeakVNO-PL struggles to generate sufficient returns from assets.
Valuation Score
ExcellentVNO-PL trades at attractive valuation levels.
Growth Score
WeakVNO-PL faces weak or negative growth trends.
Financial Health Score
ModerateVNO-PL shows balanced financial health with some risks.
Profitability Score
ExcellentVNO-PL achieves industry-leading margins.
Key Financial Metrics
Is VNO-PL Expensive or Cheap?
P/E Ratio
VNO-PL trades at 6.13 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, VNO-PL's PEG of -26.93 indicates potential undervaluation.
Price to Book
The market values Vornado Realty Trust at 0.93 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -0.86 times EBITDA. This is generally considered low.
How Well Does VNO-PL Make Money?
Net Profit Margin
For every $100 in sales, Vornado Realty Trust keeps $49.99 as profit after all expenses.
Operating Margin
Core operations generate 15.03 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $15.43 in profit for every $100 of shareholder equity.
ROA
Vornado Realty Trust generates $5.83 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Vornado Realty Trust generates strong operating cash flow of $2.62B, reflecting robust business health.
Free Cash Flow
Vornado Realty Trust generates strong free cash flow of $2.62B, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $6.56 in free cash annually.
FCF Yield
VNO-PL converts 22.77% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
6.13
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-26.93
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.93
vs 25 benchmark
P/S Ratio
Price to sales ratio
3.05
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.32
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.80
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.15
vs 25 benchmark
ROA
Return on assets percentage
0.06
vs 25 benchmark
ROCE
Return on capital employed
0.02
vs 25 benchmark
How VNO-PL Stacks Against Its Sector Peers
| Metric | VNO-PL Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 6.13 | 24.23 | Better (Cheaper) |
| ROE | 15.43% | 659.00% | Weak |
| Net Margin | 49.99% | 4497.00% | Weak |
| Debt/Equity | 1.32 | -22.14 (disorted) | Distorted |
| Current Ratio | 1.80 | 13.87 | Neutral |
| ROA | 5.83% | -1390.00% (disorted) | Weak |
VNO-PL outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Vornado Realty Trust's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-6.99%
Industry Style: Income, Inflation Hedge, REIT
DecliningEPS CAGR
-97.76%
Industry Style: Income, Inflation Hedge, REIT
DecliningFCF CAGR
-18.73%
Industry Style: Income, Inflation Hedge, REIT
Declining