VOLKSWAGEN AG (VOW.DE) Stock Fundamental Analysis
FRA:VOW - Deutsche Boerse Ag - DE0007664005 - Common Stock - Currency: EUR
VOW gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 29 industry peers in the Automobiles industry. VOW has a bad profitability rating. Also its financial health evaluation is rather negative. VOW is valued correctly, but it does not seem to be growing. VOW also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
VOW had positive earnings in the past year.
VOW had a positive operating cash flow in the past year.
In the past 5 years VOW has always been profitable.
Each year in the past 5 years VOW had a positive operating cash flow.
1.2 Ratios
VOW's Return On Assets of 1.94% is on the low side compared to the rest of the industry. VOW is outperformed by 70.37% of its industry peers.
With a Return On Equity value of 6.92%, VOW is not doing good in the industry: 74.07% of the companies in the same industry are doing better.
VOW has a worse Return On Invested Capital (3.75%) than 74.07% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VOW is below the industry average of 8.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.94% | ||
| ROE | 6.92% | ||
| ROIC | 3.75% |
ROA(3y)2.7%
ROA(5y)2.5%
ROE(3y)9.46%
ROE(5y)9.18%
ROIC(3y)4.09%
ROIC(5y)3.74%
1.3 Margins
VOW has a worse Profit Margin (3.78%) than 66.67% of its industry peers.
In the last couple of years the Profit Margin of VOW has remained more or less at the same level.
VOW has a worse Operating Margin (6.31%) than 81.48% of its industry peers.
VOW's Operating Margin has improved in the last couple of years.
VOW has a Gross Margin (18.58%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of VOW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.31% | ||
| PM (TTM) | 3.78% | ||
| GM | 18.58% |
OM growth 3Y18.47%
OM growth 5Y4.86%
PM growth 3Y9.94%
PM growth 5Y-0.18%
GM growth 3Y2.43%
GM growth 5Y-0.8%
2. Health
2.1 Basic Checks
VOW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for VOW remains at a similar level compared to 1 year ago.
The number of shares outstanding for VOW remains at a similar level compared to 5 years ago.
Compared to 1 year ago, VOW has a worse debt to assets ratio.
2.2 Solvency
VOW has an Altman-Z score of 1.09. This is a bad value and indicates that VOW is not financially healthy and even has some risk of bankruptcy.
VOW's Altman-Z score of 1.09 is on the low side compared to the rest of the industry. VOW is outperformed by 70.37% of its industry peers.
The Debt to FCF ratio of VOW is 84.19, which is on the high side as it means it would take VOW, 84.19 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of VOW (84.19) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.75 indicates that VOW is somewhat dependend on debt financing.
VOW has a Debt to Equity ratio (0.75) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 84.19 | ||
| Altman-Z | 1.09 |
ROIC/WACC0.83
WACC4.49%
2.3 Liquidity
A Current Ratio of 1.15 indicates that VOW should not have too much problems paying its short term obligations.
VOW has a Current ratio of 1.15. This is comparable to the rest of the industry: VOW outperforms 59.26% of its industry peers.
VOW has a Quick Ratio of 1.15. This is a bad value and indicates that VOW is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.88, VOW is in line with its industry, outperforming 40.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.75% over the past year.
Measured over the past 5 years, VOW shows a small growth in Earnings Per Share. The EPS has been growing by 6.24% on average per year.
The Revenue has been growing slightly by 4.24% in the past year.
Measured over the past years, VOW shows a small growth in Revenue. The Revenue has been growing by 6.44% on average per year.
EPS 1Y (TTM)7.75%
EPS 3Y24.3%
EPS 5Y6.24%
EPS Q2Q%-68.81%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y13.08%
Revenue growth 5Y6.44%
Sales Q2Q%-0.47%
3.2 Future
The Earnings Per Share is expected to grow by 4.37% on average over the next years.
The Revenue is expected to grow by 2.88% on average over the next years.
EPS Next Y-31.38%
EPS Next 2Y-12.41%
EPS Next 3Y4.23%
EPS Next 5Y4.37%
Revenue Next Year1.26%
Revenue Next 2Y1.51%
Revenue Next 3Y1.63%
Revenue Next 5Y2.88%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 2.98 indicates a rather cheap valuation of VOW.
Compared to the rest of the industry, the Price/Earnings ratio of VOW indicates a rather cheap valuation: VOW is cheaper than 96.30% of the companies listed in the same industry.
VOW's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.47.
Based on the Price/Forward Earnings ratio of 3.88, the valuation of VOW can be described as very cheap.
85.19% of the companies in the same industry are more expensive than VOW, based on the Price/Forward Earnings ratio.
VOW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 92.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.98 | ||
| Fwd PE | 3.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VOW is valued a bit cheaper than 66.67% of the companies in the same industry.
VOW's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.84 | ||
| EV/EBITDA | 3.94 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.48
EPS Next 2Y-12.41%
EPS Next 3Y4.23%
5. Dividend
5.1 Amount
VOW has a Yearly Dividend Yield of 8.94%, which is a nice return.
Compared to an average industry Dividend Yield of 6.70, VOW pays a bit more dividend than its industry peers.
VOW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.94% |
5.2 History
On average, the dividend of VOW grows each year by 37.64%, which is quite nice.
Dividend Growth(5Y)37.64%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
VOW pays out 47.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
VOW's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP47.22%
EPS Next 2Y-12.41%
EPS Next 3Y4.23%
VOLKSWAGEN AG
FRA:VOW (2/5/2025, 4:48:16 PM)
95.15
-2.05 (-2.11%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners19.51%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap47.70B
Analysts77.5
Price Target114.7 (20.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.94% |
Yearly Dividend39.76
Dividend Growth(5Y)37.64%
DP47.22%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-42.77%
Min EPS beat(2)-64.97%
Max EPS beat(2)-20.56%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.96%
Min Revenue beat(2)-1.17%
Max Revenue beat(2)-0.75%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.36%
PT rev (3m)-6.68%
EPS NQ rev (1m)-8.18%
EPS NQ rev (3m)-25.66%
EPS NY rev (1m)-16.3%
EPS NY rev (3m)-16.3%
Revenue NQ rev (1m)-0.72%
Revenue NQ rev (3m)-9.03%
Revenue NY rev (1m)0.74%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.98 | ||
| Fwd PE | 3.88 | ||
| P/S | 0.15 | ||
| P/FCF | 15.84 | ||
| P/OCF | 2.56 | ||
| P/B | 0.27 | ||
| P/tB | 0.55 | ||
| EV/EBITDA | 3.94 |
EPS(TTM)31.98
EY33.61%
EPS(NY)24.54
Fwd EY25.79%
FCF(TTM)6.01
FCFY6.31%
OCF(TTM)37.14
OCFY39.04%
SpS647.24
BVpS353.33
TBVpS171.75
PEG (NY)N/A
PEG (5Y)0.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.94% | ||
| ROE | 6.92% | ||
| ROCE | 5.03% | ||
| ROIC | 3.75% | ||
| ROICexc | 4.65% | ||
| ROICexgc | 6.44% | ||
| OM | 6.31% | ||
| PM (TTM) | 3.78% | ||
| GM | 18.58% | ||
| FCFM | 0.93% |
ROA(3y)2.7%
ROA(5y)2.5%
ROE(3y)9.46%
ROE(5y)9.18%
ROIC(3y)4.09%
ROIC(5y)3.74%
ROICexc(3y)5.13%
ROICexc(5y)4.66%
ROICexgc(3y)7.09%
ROICexgc(5y)6.37%
ROCE(3y)5.48%
ROCE(5y)5.02%
ROICexcg growth 3Y29.14%
ROICexcg growth 5Y5.92%
ROICexc growth 3Y27.25%
ROICexc growth 5Y5.56%
OM growth 3Y18.47%
OM growth 5Y4.86%
PM growth 3Y9.94%
PM growth 5Y-0.18%
GM growth 3Y2.43%
GM growth 5Y-0.8%
F-Score4
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 84.19 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 53.38% | ||
| Cap/Sales | 4.81% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 37.46% | ||
| Profit Quality | 24.57% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 1.09 |
F-Score4
WACC4.49%
ROIC/WACC0.83
Cap/Depr(3y)45.86%
Cap/Depr(5y)47.78%
Cap/Sales(3y)4.48%
Cap/Sales(5y)4.83%
Profit Quality(3y)107.44%
Profit Quality(5y)102.79%
High Growth Momentum
Growth
EPS 1Y (TTM)7.75%
EPS 3Y24.3%
EPS 5Y6.24%
EPS Q2Q%-68.81%
EPS Next Y-31.38%
EPS Next 2Y-12.41%
EPS Next 3Y4.23%
EPS Next 5Y4.37%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y13.08%
Revenue growth 5Y6.44%
Sales Q2Q%-0.47%
Revenue Next Year1.26%
Revenue Next 2Y1.51%
Revenue Next 3Y1.63%
Revenue Next 5Y2.88%
EBIT growth 1Y-11.43%
EBIT growth 3Y33.96%
EBIT growth 5Y11.61%
EBIT Next Year100.91%
EBIT Next 3Y31.75%
EBIT Next 5Y15.29%
FCF growth 1Y-87.8%
FCF growth 3Y-29.87%
FCF growth 5YN/A
OCF growth 1Y-49.14%
OCF growth 3Y-8.06%
OCF growth 5Y21.62%