Company Valuation: Volkswagen AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 112,849 67,576 58,007 45,553 52,367 35,081 - -
Change - -40.12% -14.16% -21.47% 14.96% -33.01% - -
Enterprise Value (EV) 1 86,164 24,561 17,718 9,487 17,870 -3,490 -6,397 -11,015
Change - -71.49% -27.86% -46.46% 88.36% -119.53% -83.29% -72.19%
P/E 5.99x 3.92x 3.5x 4.16x 7.76x -15.3x 3.78x 3.09x
PBR 0.62x 0.35x 0.32x 0.24x 0.28x 0.18x 0.18x 0.17x
PEG - 29.06x 0.45x -0.1x -0.2x 0x -0x 0.1x
Capitalization / Revenue 0.45x 0.24x 0.18x 0.14x 0.16x 0.11x 0.11x 0.11x
EV / Revenue 0.34x 0.09x 0.05x 0.03x 0.06x -0.01x -0.02x -0.03x
EV / EBITDA 2.66x 0.65x 0.49x 0.26x 0.56x -0.13x -0.19x -0.29x
EV / EBIT 4.47x 1.11x 0.78x 0.5x 2.02x -1.18x -0.43x -0.62x
EV / FCF 3.93x 3.31x 1.66x 1.71x 3.1x -0.53x -0.99x -0.91x
FCF Yield 25.4% 30.2% 60.4% 58.4% 32.3% -189% -101% -110%
Dividend per Share 2 7.56 8.76 9 6.36 5.26 5.225 5.637 6.634
Rate of return 4.26% 7.52% 8.05% 7.14% 5.08% 7.44% 8.03% 9.45%
EPS 2 29.65 29.69 31.98 21.42 13.35 -4.585 18.58 22.75
Distribution rate 25.5% 29.5% 28.1% 29.7% 39.4% -114% 30.3% 29.2%
Net sales 1 250,200 279,232 322,284 324,656 321,913 317,671 322,750 327,427
EBITDA 1 32,359 37,721 36,513 36,796 32,102 25,995 33,323 37,380
EBIT 1 19,275 22,124 22,576 19,060 8,868 2,964 15,037 17,769
Net income 1 14,843 14,867 16,013 10,721 6,673 -2,305 9,190 12,128
Net Debt 1 -26,685 -43,015 -40,289 -36,066 -34,497 -38,571 -41,478 -46,096
Reference price 2 177.48 116.42 111.80 89.04 103.55 70.24 70.24 70.24
Nbr of stocks (in thousands) 501,295 501,295 501,295 501,295 501,295 501,295 - -
Announcement Date 3/15/22 3/14/23 3/13/24 3/11/25 3/10/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
405.26x14.36x104.31x-.--% 1,580B
9.8x1.26x11.43x3.32% 230B
13.85x0.78x5.3x1.14% 98.31B
36.03x9.09x23.16x1.09% 76.09B
8.11x0.37x2.97x0.82% 73.73B
7.43x1.2x14.08x3.86% 49.46B
13.1x0.27x3.16x4.88% 48.92B
23.65x1.41x7.98x2.48% 47.52B
11.43x0.68x9.2x3.98% 44.15B
Average 58.74x 3.27x 20.18x 2.4% 249.79B
Weighted average by Cap. 289.15x 10.66x 76.34x 0.78%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Volkswagen AG

Historical PBR trend

Valuation ratios - PBR - Volkswagen AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Volkswagen AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Volkswagen AG


Year-on-year evolution of the Yield

Valuation ratios - Yield - Volkswagen AG