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Volkswagen AG Vorz-Inhaber-Akt ohne Stimmrecht VOW3

Morningstar Rating
€118.10 −2.00 (1.67%)
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Company Report

Volkswagen Is Leveraging Its Scale to Invest Heavily in the Transition to Electric Vehicles

In our view, Volkswagen is successfully executing a global automotive strategy and has one of the most aggressive plans to switch to battery electric vehicles from internal combustion powertrains. A broad array of brands, serving multiple segments, reduces reliance on any one vehicle category. As one of the world's leading volume producers, Volkswagen's economies of scale from common platforms across a number of models enable cost savings unattainable by smaller competitors.

Price vs Fair Value

VOW3 is trading at a 65% discount.
Price
€121.35
Fair Value
€118.00
Uncertainty
High
1-Star Price
€121.88
5-Star Price
€183.40
Economic Moat
Nbf
Capital Allocation
Rqyfjlq

Bulls Say, Bears Say

Bulls

With substantial liquidity and a conservatively financed capital structure, Volkswagen has a high degree of financial flexibility and is well positioned to weather the lingering effects of COVID-19 and the microchip shortage.

Bears

Volkswagen has one of the most aggressive product plans in BEVs, substantially increasing cost, while global light-vehicle demand is at risk from lingering coronavirus effects, the chip crunch, and the Ukraine crisis.

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News

Trading Information

Previous Close Price
€120.10
Day Range
€117.95120.15
52-Week Range
€97.83133.42
Bid/Ask
€118.05 / €118.10
Market Cap
€59.25 Bil
Volume/Avg
547,644 / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
3.47
Price/Sales
0.19
Dividend Yield (Trailing)
7.29%
Dividend Yield (Forward)
7.54%
Total Yield
7.22%

Company Profile

Volkswagen is one of the world's largest automotive manufacturers. Its passenger car brands include Volkswagen, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Large Value
Total Number of Employees
684,025

Competitors

Valuation

Metric
VOW3
TSLA
RNO
Price/Earnings (Normalized)
3.4759.393.41
Price/Book Value
0.388.030.48
Price/Sales
0.195.970.26
Price/Cash Flow
1.2539.382.96
Price/Earnings
VOW3
TSLA
RNO

Financial Strength

Metric
VOW3
TSLA
RNO
Quick Ratio
0.891.130.96
Current Ratio
1.161.731.11
Interest Coverage
6.7258.107.59
Quick Ratio
VOW3
TSLA
RNO

Profitability

Metric
VOW3
TSLA
RNO
Return on Assets (Normalized)
3.21%9.74%3.77%
Return on Equity (Normalized)
11.99%16.96%15.36%
Return on Invested Capital (Normalized)
5.26%13.43%4.78%
Return on Assets
VOW3
TSLA
RNO
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Auto Manufacturers Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
TSLA
Tesla IncYtbzpkykxLmjgdj$517.1 Bil
TM
Toyota Motor Corp ADRJnkykvxltBhtv$305.6 Bil
MBGAF
Mercedes-Benz Group AGPhjhpcnLjmdgdf$84.4 Bil
RACE
Ferrari NVRqkdnsvHhkg$75.8 Bil
STLA
Stellantis NVQwsqtjcwMbqj$74.8 Bil
BMWYY
Bayerische Motoren Werke AG ADRRknrjxqRskpq$72.4 Bil
VWAGY
Volkswagen AG ADRKnzrqtljRffm$70.5 Bil
VWAPY
Volkswagen AG ADRJfswwmvyQdxdy$70.4 Bil
HMC
Honda Motor Co Ltd ADRKrpyjfqSfn$55.0 Bil
GM
General Motors CoMpdqfszTdphh$51.4 Bil

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