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Stock Comparison · Structural lead, mixed market

NN Group N.V. vs Vonovia: Which Stock Looks Stronger in 2026?

NN holds the cleaner structural position, with profitability as the main driver and valuation adding further support. Vonovia SE still has the edge on valuation, which keeps the comparison from looking entirely one-sided. On the market side, NN is in better shape — its trend is intact while Vonovia SE's trend has broken down. That puts structure and market broadly in agreement — NN's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The comparison is mainly decided in profitability, with the rest of the profile carrying less weight. The overall score gap is 28 points in favour of NN Group N.V..

Trajectory Similarity
0.69
Moderately similar
Peer-set rank: #3
within NN Group N.V.'s functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The match is driven mainly by investment intensity and revenue growth trajectory.

Similarity drivers
investment intensityrevenue growth trajectory
What reduces the match
margin consistency
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
NN.AS
NN Group N.V.
60
Peer-Score
Signal qualityMedium
vs
VNA.DE
Vonovia SE
32
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: NN.AS vs VNA.DE Profitability 100 0 Stability 35 29 Valuation 66 87 Growth 19 0 NN.AS VNA.DE
Gap Ranking
#1 Profitability +100
#2 Valuation +21
#3 Growth +19
#4 Stability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NN.AS and VNA.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NN.ASVNA.DE Relative valuation Structural strength

Structure clearly favours NN Group N.V., even though current pricing leans the other way.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
NN Group N.V. ranks near the top of the group on profitability; Vonovia SE sits in the weaker half.
Valuation
On valuation, the same pattern holds: both rank well, but Vonovia SE still sits higher.
Profitability — Dominant Gap
NN.AS
100
VNA.DE
0
Gap+100in favour of NN.AS

The profitability lead is mainly driven by a 12.6-point operating margin advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Vonovia SE, with a trailing P/E that is 9.8 turns lower there.

What this means for the comparison

The profitability edge is decisive, even though current pricing and valuation still lean somewhat toward Vonovia SE.

Explore full peer positioning in AssetNext

Break down the NN.AS vs VNA.DE comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how NN.AS and VNA.DE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.