Company Valuation: Volkswagen AG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 81,625 1,12,849 67,576 58,007 45,553 51,632 51,632 -
Change - 38.25% -40.12% -14.16% -21.47% 13.34% 0% -
Enterprise Value (EV) 1 54,829 86,164 24,561 17,718 9,487 19,200 17,932 13,779
Change - 57.15% -71.49% -27.86% -46.46% 102.38% -6.6% -23.16%
P/E ratio 9.15x 5.99x 3.92x 3.5x - 9.55x 4.68x 3.85x
PBR 0.6x 0.62x 0.35x 0.32x - 0.27x 0.26x 0.25x
PEG - 0.1x 29.06x 0.45x - - 0x 0.2x
Capitalization / Revenue 0.37x 0.45x 0.24x 0.18x 0.14x 0.16x 0.16x 0.15x
EV / Revenue 0.25x 0.34x 0.09x 0.05x 0.03x 0.06x 0.05x 0.04x
EV / EBITDA 2.16x 2.66x 0.65x 0.49x 0.26x 0.55x 0.44x 0.31x
EV / EBIT 5.17x 4.47x 1.11x 0.78x 0.5x 1.95x 1.02x 0.66x
EV / FCF 4.01x 3.93x 3.31x 1.66x 1.71x -101x 5.13x 1.88x
FCF Yield 24.9% 25.4% 30.2% 60.4% 58.4% -0.99% 19.5% 53.2%
Dividend per Share 2 4.86 7.56 8.76 9 - 4.248 6.268 7.696
Rate of return 3.19% 4.26% 7.52% 8.05% - 4.13% 6.09% 7.48%
EPS 2 16.66 29.65 29.69 31.98 - 10.77 21.98 26.7
Distribution rate 29.2% 25.5% 29.5% 28.1% - 39.4% 28.5% 28.8%
Net sales 1 2,22,884 2,50,200 2,79,232 3,22,284 3,24,656 3,24,513 3,30,803 3,40,314
EBITDA 1 25,392 32,359 37,721 36,513 36,796 34,832 40,726 44,870
EBIT 1 10,606 19,275 22,124 22,576 19,060 9,863 17,643 20,814
Net income 1 8,824 14,843 14,867 16,013 10,721 5,244 11,062 13,448
Net Debt 1 -26,796 -26,685 -43,015 -40,289 -36,066 -32,432 -33,700 -37,853
Reference price 2 152.42 177.48 116.42 111.80 89.04 102.85 102.85 102.85
Nbr of stocks (in thousands) 5,01,295 5,01,295 5,01,295 5,01,295 5,01,295 5,01,295 5,01,295 -
Announcement Date 26/02/21 15/03/22 14/03/23 13/03/24 11/03/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.55x0.06x0.55x4.14% 5.99TCr
13.47x1.53x13.22x2.57% 31TCr
9.38x0.37x3.37x0.71% 7.58TCr
9.3x1.23x13.14x2.78% 6.87TCr
11x0.19x2x3.88% 6.59TCr
8.35x0.07x0.55x4.32% 6.44TCr
-6.7x0.27x4.46x4.79% 5.5TCr
29.54x2.73x18.69x0.76% 4.51TCr
14.25x0.63x10.54x4.34% 4.06TCr
12.1x0.69x5.06x2.02% 2.89TCr
Average 11.02x 0.78x 7.16x 3.03% 8.1TCr
Weighted average by Cap. 11.35x 0.97x 8.72x 2.89%
See all sector valuations

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. Equities
  3. VOW3 Stock
  4. Valuation Volkswagen AG