Financials BMW AG

Equities

BMW

DE0005190003

Auto & Truck Manufacturers

Market Closed - Xetra 11:35:59 2024-05-23 EDT Pre-market 02:39:35
92.72 EUR -0.52% Intraday chart for BMW AG 91.96 -0.82%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 47,120 46,621 57,499 53,582 63,947 58,396 - -
Enterprise Value (EV) 1 29,543 27,976 35,137 28,979 46,944 42,086 38,239 36,556
P/E ratio 9.79 x 12.6 x 4.71 x 3.05 x 5.7 x 5.65 x 5.57 x 5.36 x
Yield 3.42% 2.63% 6.55% 10.2% 5.95% 6.23% 6.33% 6.51%
Capitalization / Revenue 0.45 x 0.47 x 0.52 x 0.38 x 0.41 x 0.37 x 0.36 x 0.35 x
EV / Revenue 0.28 x 0.28 x 0.32 x 0.2 x 0.3 x 0.27 x 0.24 x 0.22 x
EV / EBITDA 2.2 x 2.55 x 1.77 x 1.28 x 1.71 x 1.67 x 1.52 x 1.38 x
EV / FCF 11.5 x 8.24 x 5.53 x 2.62 x 6.76 x 6.14 x 5.47 x 4.45 x
FCF Yield 8.69% 12.1% 18.1% 38.2% 14.8% 16.3% 18.3% 22.5%
Price to Book 0.82 x 0.78 x 0.72 x 0.57 x 0.65 x 0.6 x 0.56 x 0.54 x
Nbr of stocks (in thousands) 658,122 658,863 659,685 645,288 640,854 632,585 - -
Reference price 2 73.14 72.23 88.49 83.38 100.8 92.72 92.72 92.72
Announcement Date 20-03-12 21-03-17 22-03-10 23-03-15 24-03-21 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 104,210 98,990 111,239 142,610 155,498 157,972 162,416 166,401
EBITDA 1 13,428 10,969 19,895 22,565 27,456 25,130 25,118 26,531
EBIT 1 7,411 4,830 13,400 13,999 18,482 16,202 15,733 16,060
Operating Margin 7.11% 4.88% 12.05% 9.82% 11.89% 10.26% 9.69% 9.65%
Earnings before Tax (EBT) 1 7,118 5,222 16,060 23,509 17,096 15,715 15,891 16,248
Net income 1 5,022 3,775 12,382 17,941 11,290 10,683 10,593 10,858
Net margin 4.82% 3.81% 11.13% 12.58% 7.26% 6.76% 6.52% 6.53%
EPS 2 7.470 5.730 18.77 27.31 17.67 16.42 16.64 17.29
Free Cash Flow 1 2,567 3,395 6,354 11,071 6,942 6,859 6,988 8,211
FCF margin 2.46% 3.43% 5.71% 7.76% 4.46% 4.34% 4.3% 4.93%
FCF Conversion (EBITDA) 19.12% 30.95% 31.94% 49.06% 25.28% 27.3% 27.82% 30.95%
FCF Conversion (Net income) 51.12% 89.93% 51.32% 61.71% 61.49% 64.21% 65.97% 75.62%
Dividend per Share 2 2.500 1.900 5.800 8.500 6.000 5.773 5.867 6.034
Announcement Date 20-03-12 21-03-17 22-03-10 23-03-15 24-03-21 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2
Net sales 1 43,225 55,360 28,408 31,142 34,770 65,912 37,176 39,522 36,853 37,219 74,072 38,458 42,968 36,614 38,849 74,907 38,949 44,225 82,657 - -
EBITDA 1 - - 4,171 5,179 5,570 - 5,876 5,940 - 6,606 - 6,534 6,653 - 6,847 - 6,532 6,214 - - -
EBIT 1 709 8,030 2,487 3,391 3,426 6,817 3,682 3,500 5,375 4,343 9,718 4,352 4,412 4,054 4,317 8,332 4,005 4,057 8,823 - -
Operating Margin 1.64% 14.51% 8.75% 10.89% 9.85% 10.34% 9.9% 8.86% 14.58% 11.67% 13.12% 11.32% 10.27% 11.07% 11.11% 11.12% 10.28% 9.17% 10.67% - -
Earnings before Tax (EBT) - - 2,907 12,227 3,929 16,156 4,100 - 5,129 4,222 9,351 4,063 3,682 4,162 - - - - - - -
Net income 1 - - 2,238 10,141 3,047 13,232 3,175 2,179 3,420 2,958 6,620 2,931 2,388 2,791 2,827 - 2,603 2,176 - - -
Net margin - - 7.88% 32.56% 8.76% 20.08% 8.54% 5.51% 9.28% 7.95% 8.94% 7.62% 5.56% 7.62% 7.28% - 6.68% 4.92% - - -
EPS 2 - 11.50 3.390 15.33 4.300 19.63 4.250 3.430 5.310 4.390 - 4.200 3.770 4.420 4.760 - 3.490 4.020 - - -
Dividend per Share 2 - - - - - - - - - - - - - - 6.000 - - - - - 6.000
Announcement Date 20-08-05 21-08-03 22-03-10 22-05-05 22-08-03 22-08-03 22-11-03 23-03-15 23-05-04 23-08-03 23-08-03 23-11-03 24-03-21 24-05-08 - - - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 17,577 18,645 22,362 24,603 17,003 16,310 20,157 21,840
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 2,567 3,395 6,354 11,071 6,942 6,859 6,988 8,211
ROE (net income / shareholders' equity) 8.75% 6.28% 18.3% 22.2% 12.8% 12.1% 10.9% 10.7%
ROA (Net income/ Total Assets) 2.41% 1.7% 5.55% 7.53% 4.54% 5.1% 5.29% 6.21%
Assets 1 208,555 222,347 223,091 238,225 248,908 209,335 200,110 174,804
Book Value Per Share 2 89.30 92.40 124.0 146.0 154.0 154.0 164.0 173.0
Cash Flow per Share 2 16.10 20.10 24.10 39.30 30.20 31.70 30.10 28.90
Capex 1 6,902 6,150 7,518 9,050 10,881 11,317 11,115 10,904
Capex / Sales 6.62% 6.21% 6.76% 6.35% 7% 7.16% 6.84% 6.55%
Announcement Date 20-03-12 21-03-17 22-03-10 23-03-15 24-03-21 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
22
Last Close Price
92.72 EUR
Average target price
113.8 EUR
Spread / Average Target
+22.71%
Consensus