Company Valuation: Volkswagen AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 112,849 67,576 58,007 45,553 52,367 37,857 - -
Change - -40.12% -14.16% -21.47% 14.96% -27.71% - -
Enterprise Value (EV) 1 86,164 24,561 17,718 9,487 17,870 962.6 -1,685 -6,449
Change - -71.49% -27.86% -46.46% 88.36% -94.61% -275.01% -282.85%
P/E 5.99x 3.92x 3.5x 4.16x 7.76x 3.9x 3.13x 2.67x
PBR 0.62x 0.35x 0.32x 0.24x 0.28x 0.19x 0.18x 0.17x
PEG - 29.06x 0.45x -0.1x -0.2x 0.1x 0.1x 0.2x
Capitalization / Revenue 0.45x 0.24x 0.18x 0.14x 0.16x 0.12x 0.11x 0.11x
EV / Revenue 0.34x 0.09x 0.05x 0.03x 0.06x 0x -0.01x -0.02x
EV / EBITDA 2.66x 0.65x 0.49x 0.26x 0.56x 0.03x -0.04x -0.15x
EV / EBIT 4.47x 1.11x 0.78x 0.5x 2.02x 0.06x -0.09x -0.31x
EV / FCF 3.93x 3.31x 1.66x 1.71x 3.1x 0.19x -0.27x -0.64x
FCF Yield 25.4% 30.2% 60.4% 58.4% 32.3% 522% -375% -157%
Dividend per Share 2 7.56 8.76 9 6.36 5.26 5.682 7.011 8.082
Rate of return 4.26% 7.52% 8.05% 7.14% 5.08% 7.64% 9.42% 10.9%
EPS 2 29.65 29.69 31.98 21.42 13.35 19.1 23.77 27.86
Distribution rate 25.5% 29.5% 28.1% 29.7% 39.4% 29.8% 29.5% 29%
Net sales 1 250,200 279,232 322,284 324,656 321,913 323,449 331,803 341,017
EBITDA 1 32,359 37,721 36,513 36,796 32,102 36,140 40,040 43,794
EBIT 1 19,275 22,124 22,576 19,060 8,868 14,971 18,074 20,864
Net income 1 14,843 14,867 16,013 10,721 6,673 9,775 12,030 13,779
Net Debt 1 -26,685 -43,015 -40,289 -36,066 -34,497 -36,894 -39,542 -44,306
Reference price 2 177.48 116.42 111.80 89.04 103.55 74.40 74.40 74.40
Nbr of stocks (in thousands) 501,295 501,295 501,295 501,295 501,295 501,295 - -
Announcement Date 15/3/22 14/3/23 13/3/24 11/3/25 10/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
3.76x-0x-0.01x7.9% 41.83B
9.52x1.24x11.38x3.59% 208B
6.36x0.33x2.62x0.97% 69.31B
9.58x1.26x13.66x2.66% 65.74B
21.21x0.28x3.69x4.32% 55.55B
7.83x0.09x0.87x7.29% 47.71B
24.09x1.32x7.42x2.37% 45.35B
7.48x-0.08x-0.67x5.07% 39.82B
13.58x0.6x7.18x4.62% 36.38B
21.83x1.9x13.77x1.15% 35.99B
Average 12.52x 0.69x 5.99x 3.99% 64.53B
Weighted average by Cap. 11.51x 0.82x 7.37x 3.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. VOW3 Stock
  4. Valuation Volkswagen AG