Volkswagen reported a 2% year-to-date revenue decline, an 11% volume decline, or a 1% decline excluding China. Several one-offs weigh on the reported operating margin of 0% versus the underlying margin of 4%. Free cash flow was EUR 4.4 billion, boosted by net asset sales of EUR 600 million.
VW is taking all the right steps to improve returns—capacity reductions in Europe, localization in China, tapping into the lucrative US pickup truck market, and maximizing the use of common platforms.
With many capital-intensive projects underway simultaneously during an environment of extreme competition and technological change, we are skeptical that management has the bandwidth to execute as guided.
|
Metric
|
VOW
|
TSLA
|
GM
|
|---|---|---|---|
Price/Earnings (Normalized) | 3.46 | 230.14 | 8.04 |
Price/Book Value | 0.20 | 17.70 | 1.18 |
Price/Sales | 0.11 | 13.67 | 0.43 |
Price/Cash Flow | 0.80 | 97.23 | 4.48 |
|
Metric
|
VOW
|
TSLA
|
GM
|
|---|---|---|---|
Quick Ratio | 0.82 | 1.23 | 0.86 |
Current Ratio | 1.10 | 1.74 | 1.09 |
Interest Coverage | 1.99 | 8.08 | 7.42 |
|
Metric
|
VOW
|
TSLA
|
GM
|
|---|---|---|---|
Return on Assets (Normalized) | 0.27% | 5.47% | 4.34% |
Return on Equity (Normalized) | 1.02% | 9.35% | 19.58% |
Return on Invested Capital (Normalized) | 1.12% | 6.77% | 6.40% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Tesla Inc
TSLA
| LOCK|>#?S#gl | LOCK|H<&j | $2T | |||
| Toyota Motor Corp ADR
TM
| LOCK|#dp$Gz | LOCK|TjD | $229B | |||
| General Motors Co
GM
| LOCK|HnB>NCv | LOCK|z@d | $74B | |||
| Ferrari NV
RACE
| LOCK|r$X$xy$ | LOCK|v% | $70B | |||
| Ford Motor Co
F
| LOCK|&D!@gf | LOCK|x? | $49B | |||
| Honda Motor Co Ltd ADR
HMC
| LOCK|$$#?b! | LOCK|!Z | $44B | |||
| Mercedes-Benz Group AG
MBGAF
| LOCK|$cX?t# | LOCK|zc< | $43B | |||
| Bayerische Motoren Werke AG ADR - Unsponsored
BMWKY
| LOCK|q^%%Z?x | LOCK|?N | $39B | |||
| Rivian Automotive Inc Class A
RIVN
| LOCK|$L@Pbb | LOCK|>H@ | $18B | |||
| Stellantis NV
STLA
| LOCK|!!%!H$ | LOCK|%S | $17B |
United States