A standout in the automotive industry, BMW had already been discussed in this section a year ago. Its shares were then valued at nine times average earnings over the previous decade and roughly two-thirds of book value. Not much has changed despite the recent bump, with shares now trading at six times forward earnings and just four-fifths of book value.
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Bayerische Motoren Werke AG (BMW AG) specializes in the design, construction and marketing of luxury cars. Net sales break down by activity as follows:
- vehicle sales (72.7%): 2,450,854 units sold in 2024, under the following brands: BMW (2,200,217), MINI (244,925) and Rolls-Royce (5,712);
- sale financing services (25%);
- motorcycle sales (2.3%): motorcycles with 650-1200 cm3 displacement (210,385 units sold under the BMW brand).
At the end of 2024, the group had 33 production sites worldwide.
Net sales are distributed geographically as follows: Germany (13.9%), Europe (28.8%), China (22.3%), Asia (10.4%), the United States (19%), Americas (3.4%) and other (2.2%).
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Investor
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