Company Valuation: Volkswagen AG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 81,625 112,849 67,576 58,007 45,553 51,359 51,359 -
Change - 38.25% -40.12% -14.16% -21.47% 12.75% 0% -
Enterprise Value (EV) 1 54,829 86,164 24,561 17,718 9,487 17,705 16,017 12,123
Change - 57.15% -71.49% -27.86% -46.46% 86.62% -9.53% -24.31%
P/E ratio 9.15x 5.99x 3.92x 3.5x - 9.46x 4.65x 3.84x
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 0.05x 0.05x 0.04x
EV / EBITDA 2.16x 2.66x 0.65x 0.49x 0.26x 0.51x 0.39x 0.27x
EV / EBIT 5.17x 4.47x 1.11x 0.78x 0.5x 1.79x 0.91x 0.58x
EV / FCF 4.01x 3.93x 3.31x 1.66x 1.71x 6.04x 3.94x 1.73x
FCF Yield 24.9% 25.4% 30.2% 60.4% 58.4% 16.6% 25.4% 58%
Dividend per Share 2 4.86 7.56 8.76 9 - 4.374 6.346 7.744
Rate of return 3.19% 4.26% 7.52% 8.05% - 4.28% 6.22% 7.58%
EPS 2 16.66 29.65 29.69 31.98 - 10.8 21.96 26.59
Distribution rate 29.2% 25.5% 29.5% 28.1% - 40.5% 28.9% 29.1%
Net sales 1 222,884 250,200 279,232 322,284 324,656 324,231 330,225 339,608
EBITDA 1 25,392 32,359 37,721 36,513 36,796 34,908 40,773 44,941
EBIT 1 10,606 19,275 22,124 22,576 19,060 9,886 17,517 20,813
Net income 1 8,824 14,843 14,867 16,013 10,721 5,324 11,001 13,539
Net Debt 1 -26,796 -26,685 -43,015 -40,289 -36,066 -33,655 -35,342 -39,236
Reference price 2 152.42 177.48 116.42 111.80 89.04 102.10 102.10 102.10
Nbr of stocks (in thousands) 501,295 501,295 501,295 501,295 501,295 501,295 501,295 -
Announcement Date 2/26/21 3/15/22 3/14/23 3/13/24 3/11/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.32x1.52x13.17x2.58% 308B
10.81x1.29x13.79x2.41% 77.55B
6.87x0.34x2.84x0.88% 75.3B
11.34x0.18x1.97x3.87% 66.31B
8.24x0.07x0.47x4.4% 64.54B
-5.98x0.27x4.44x4.92% 54.67B
28.91x2.67x18.27x0.78% 44.19B
14.41x0.63x10.55x4.34% 40.66B
11.14x0.63x4.69x2.07% 27.26B
Average 11.01x 0.84x 7.80x 2.92% 84.24B
Weighted average by Cap. 11.32x 1.04x 9.37x 2.8%
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