VIB Vermoegen AG (VIH1) AI Stock Analysis

VIB Vermoegen AG

(XETRA:VIH1)

Select Model

Rating:65Neutral

Price Target:EUR 2.50▲(28.87% Upside)

Action:reiterated

Date:10/23/26

The score is supported by very low valuation (P/E ~0.99) and solid recent financial performance (strong TTM revenue growth and positive free cash flow). This is tempered by meaningful leverage (debt-to-equity ~1.0), weaker cash-flow coverage versus earnings, and very bearish technicals with the price far below major moving averages and negative MACD.

Positive Factors

Revenue and Profitability GrowthStrong recent revenue growth alongside a healthy net margin indicates favorable operating performance across the property portfolio. If sustained, this combination can support reinvestment, strengthen earnings capacity, and improve the company’s ability to manage its commercial real estate assets over the next several quarters.

Negative Factors

Meaningful Balance-Sheet LeverageDebt levels roughly equal to equity reduce financial flexibility and make the company more sensitive to financing conditions. Sustained leverage can constrain acquisitions, developments, and other capital allocation choices, while increasing the importance of stable rental income and disciplined balance-sheet management.

VIB Vermoegen AG (VIH1) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 67.76M
Dividend Yield: 3.90%
Average Volume (3M): 54.40K
Price to Earnings (P/E): 0.8
Beta (1Y): 0.47
Revenue Growth: 45.83%
EPS Growth: 40.99%
Country: Germany
Employees: 46
Sector: Real Estate
Sector Strength: 65
Industry: Real Estate - Services

VIB Vermoegen AG Business Overview & Revenue Model

Company Description

VIB Vermögen AG is a German real estate company that actively engages in the full lifecycle of commercial properties, encompassing development, acquisition, ongoing ownership, leasing, and management, exclusively within southern Germany. As of Decemb...

How the Company Makes Money

VIB Vermögen AG primarily makes money by owning income-producing real estate and leasing it to tenants under rental contracts. The core revenue stream is rental income (base rent and, where applicable, ancillary recoveries/service charges) generated...

VIB Vermoegen AG Financial Statement Overview

Summary

Income statement strength (TTM revenue +25.1% and healthy ~34.5% net margin) is offset by elevated balance-sheet leverage (debt-to-equity ~1.0) and only moderate ROE (~8.6%). Cash flow is positive (TTM OCF/FCF ~€78.5m) but recent cash coverage vs. net income is weak (TTM ~0.64x) and FCF growth is slightly negative (about -5.3%), reducing earnings quality confidence.

Income Statement

73Positive

Balance Sheet

58Neutral

Cash Flow

63Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	243.63M	165.53M	111.61M	108.01M	109.85M	102.78M
Gross Profit	117.10M	31.40M	89.57M	61.52M	91.56M	28.72M
EBITDA	171.33M	159.75M	191.47M	83.13M	105.60M	80.18M
Net Income	83.97M	81.44M	36.14M	129.60M	53.58M	29.91M
Balance Sheet
Total Assets	2.23B	2.20B	1.90B	1.90B	1.59B	1.61B
Cash, Cash Equivalents and Short-Term Investments	18.85M	15.96M	124.68M	237.74M	67.83M	68.16M
Total Debt	965.19M	980.91M	875.03M	887.40M	735.69M	747.74M
Total Liabilities	1.13B	1.16B	965.51M	1.02B	841.65M	847.22M
Stockholders Equity	988.92M	959.00M	878.56M	844.17M	713.57M	732.20M
Cash Flow
Free Cash Flow	78.51M	65.43M	90.96M	74.61M	67.20M	74.65M
Operating Cash Flow	78.51M	65.43M	91.19M	74.74M	67.81M	74.78M
Investing Cash Flow	90.38M	-41.45M	243.66M	-87.18M	7.22M	-15.43M
Financing Cash Flow	-168.58M	-135.39M	-445.21M	182.13M	-80.28M	-30.55M

VIB Vermoegen AG Technical Analysis

Technical Analysis SentimentNegative

Last Price1.94

Price Trends

50DMA4.01Negative

100DMA5.68Negative

200DMA6.99Negative

Market Momentum

MACD-0.53Negative

RSI14.06Positive

STOCH4.63Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:VIH1, the sentiment is Negative. The current price of 1.94 is below the 20-day moving average (MA) of 2.68, below the 50-day MA of 4.01, and below the 200-day MA of 6.99, indicating a bearish trend. The MACD of -0.53 indicates Negative momentum. The RSI at 14.06 is Positive, neither overbought nor oversold. The STOCH value of 4.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:VIH1.

VIB Vermoegen AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

DE:VIH1 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:GYC	71Outperform	EUR 1.18B	3.15	11.29%	4.26%	2.40%	-8.00%
DE:LEG	71Outperform	EUR 3.68B	2.80	14.93%	6.10%	0.54%	112.86%
DE:VNA	66Neutral	EUR 13.73B	3.52	14.27%	7.73%	-20.61%	907.76%
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DE:VIH1	65Neutral	EUR 67.76M	0.81	8.62%	3.90%	45.83%	40.99%
DE:FC9	63Neutral	EUR 94.76M	8.42	10.83%	3.65%	-34.11%	-42.27%
DE:ADJ	42Neutral	EUR 14.62M	-0.06	-82.03%	―	54.52%	-122.93%

* Real Estate Sector Average

Performance Comparison

DE:VIH1 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:VIH1	VIB Vermoegen AG	2.05	-9.08	-81.58%
DE:LEG	LEG Immobilien	47.88	-13.27	-21.70%
DE:VNA	Vonovia SE	16.18	-7.96	-32.99%
DE:GYC	Grand City Properties SA	7.05	-3.47	-33.00%
DE:ADJ	Adler Group Sa	0.10	-0.09	-49.47%
DE:FC9	FCR Immobilien AG	9.60	-1.44	-13.07%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 23, 2026

VIB Vermoegen AG AI Stock Analysis