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 37,985 - -
Change - -40.12% -14.16% -21.47% 14.96% -27.46% - -
Enterprise Value (EV) 1 86,164 24,561 17,718 9,487 17,870 1,430 -1,535 -6,010
Change - -71.49% -27.86% -46.46% 88.36% -92% -207.33% -291.47%
P/E 5.99x 3.92x 3.5x 4.16x 7.76x 4.18x 3.24x 2.74x
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 0.1x
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 -0x -0.02x
EV / EBITDA 2.66x 0.65x 0.49x 0.26x 0.56x 0.04x -0.04x -0.14x
EV / EBIT 4.47x 1.11x 0.78x 0.5x 2.02x 0.1x -0.09x -0.3x
EV / FCF 3.93x 3.31x 1.66x 1.71x 3.1x 0.26x -0.26x -0.57x
FCF Yield 25.4% 30.2% 60.4% 58.4% 32.3% 390% -381% -176%
Dividend per Share 2 7.56 8.76 9 6.36 5.26 5.39 6.516 7.806
Rate of return 4.26% 7.52% 8.05% 7.14% 5.08% 7.18% 8.69% 10.4%
EPS 2 29.65 29.69 31.98 21.42 13.35 17.94 23.13 27.39
Distribution rate 25.5% 29.5% 28.1% 29.7% 39.4% 30.1% 28.2% 28.5%
Net sales 1 250,200 279,232 322,284 324,656 321,913 323,375 330,349 337,597
EBITDA 1 32,359 37,721 36,513 36,796 32,102 36,792 39,309 43,324
EBIT 1 19,275 22,124 22,576 19,060 8,868 14,302 17,575 20,105
Net income 1 14,843 14,867 16,013 10,721 6,673 9,075 11,525 13,198
Net Debt 1 -26,685 -43,015 -40,289 -36,066 -34,497 -36,555 -39,520 -43,995
Reference price 2 177.48 116.42 111.80 89.04 103.55 75.02 75.02 75.02
Nbr of stocks (in thousands) 501,295 501,295 501,295 501,295 501,295 501,300 - -
Announcement Date 15/03/22 14/03/23 13/03/24 11/03/25 10/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
4.18x0x0.04x7.18% 44.34B
10.14x1.23x11.26x3.28% 233B
8.24x0.38x3.13x0.82% 77.15B
9.92x1.3x14.5x2.72% 69.03B
18.05x0.32x4.14x4.18% 57.46B
8.44x0.1x1x6.89% 48.82B
24.18x1.35x7.46x2.33% 47.87B
12.39x0.64x8.44x4.05% 42.93B
8.77x-0.07x-0.61x4.25% 41.16B
24.85x2.1x15.92x1.02% 39.86B
Average 12.92x 0.74x 6.53x 3.67% 70.19B
Weighted average by Cap. 11.91x 0.86x 7.82x 3.44%

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