Company Valuation: BMW AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 57,499 53,582 63,947 49,199 57,267 41,497 - -
Change - -6.81% 19.34% -23.06% 16.4% -27.54% - -
Enterprise Value (EV) 1 35,137 28,979 46,944 3,420 12,879 -5,583 -9,480 -14,221
Change - -17.53% 62% -92.71% 276.57% -143.35% -69.79% -50.01%
P/E Ratio 4.71x 3.05x 5.7x 6.8x 7.83x 6.46x 5.66x 4.77x
PBR 0.72x 0.57x 0.65x 0.49x 0.54x 0.42x 0.4x 0.38x
PEG - 0.1x -0.2x -0.2x 3.37x -0.6x 0.4x 0.3x
Capitalization / Revenue 0.52x 0.38x 0.41x 0.35x 0.43x 0.31x 0.3x 0.29x
EV / Revenue 0.32x 0.2x 0.3x 0.02x 0.1x -0.04x -0.07x -0.1x
EV / EBITDA 1.77x 1.28x 1.71x 0.17x 0.68x -0.31x -0.48x -0.71x
EV / EBIT 2.62x 2.07x 2.54x 0.3x 1.26x -0.61x -0.89x -1.21x
EV / FCF 5.53x 2.62x 6.76x 0.7x 3.97x -1.17x -1.84x -2.22x
FCF Yield 18.1% 38.2% 14.8% 142% 25.2% -85.2% -54.4% -45.1%
Dividend per Share 2 5.8 8.5 6 4.3 4.4 4 4.498 5.063
Rate of return 6.55% 10.2% 5.95% 5.44% 4.72% 5.85% 6.58% 7.41%
EPS 2 18.77 27.31 17.67 11.62 11.89 10.58 12.08 14.31
Distribution rate 30.9% 31.1% 34% 37% 37% 37.8% 37.2% 35.4%
Net sales 1 111,239 142,610 155,498 142,380 133,453 133,408 139,506 142,184
EBITDA 1 19,895 22,565 27,456 20,159 18,878 17,911 19,666 20,170
EBIT 1 13,400 13,999 18,482 11,509 10,186 9,094 10,643 11,728
Net income 1 12,382 17,941 11,290 7,290 7,294 6,398 7,300 8,497
Net Debt 1 -22,362 -24,603 -17,003 -45,779 -44,388 -47,080 -50,977 -55,718
Reference price 2 88.49 83.38 100.78 78.98 93.14 68.34 68.34 68.34
Nbr of stocks (in thousands) 659,685 645,288 640,854 627,659 615,810 607,128 - -
Announcement Date 3/10/22 3/15/23 3/21/24 3/14/25 3/12/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.46x-0.04x-0.31x5.86% 48.15B
9.51x1.36x12.36x3.51% 236B
14.34x1.48x15.83x1.76% 96.78B
7.04x0.36x2.9x0.89% 75.8B
22.8x0.31x4.16x4.08% 58.85B
27.4x1.47x8.32x2.08% 52.65B
4.58x0.03x0.25x6.63% 52.81B
8.36x0.12x1.13x6.97% 52.95B
24.32x2.28x15.68x0.93% 37.06B
15.86x0.59x8.51x4.81% 35.44B
Average 14.07x 0.80x 6.88x 3.75% 74.67B
Weighted average by Cap. 12.60x 0.93x 8.43x 3.51%

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

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