VOLKSWAGEN AG

VOW3
Delayed Quote. Delayed  - 07/23 11:44:00 am
208.6EUR -0.10%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 81 625125 404
Entreprise Value (EV)1 54 82994 849
P/E ratio 9,15x7,46x
Yield 3,19%3,40%
Capitalization / Revenue 0,37x0,50x
EV / Revenue 0,25x0,38x
EV / EBITDA 2,16x2,57x
Price to Book 0,60x0,84x
Nbr of stocks (in thousands) 501 295501 295
Reference price (EUR) 152209
Announcement Date 02/26/2021-
Previous period Next period
1 EUR in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 222 884250 791
EBITDA1 25 39236 968
Operating profit (EBIT)1 10 60618 070
Operating Margin 4,76%7,21%
Pre-Tax Profit (EBT)1 11 66719 649
Net income1 8 82414 154
Net margin 3,96%5,64%
EPS2 16,727,9
Dividend per Share2 4,867,09
Announcement Date 02/26/2021-
Previous period Next period
1 EUR in Million
2 EUR
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 --
Net Cash position1 26 79630 554
Leverage (Debt / EBITDA) -1,06x-0,83x
Free Cash Flow1 13 6569 546
ROE (Net Profit / Equities) 7,09%10,7%
Shareholders' equity1 124 422132 814
ROA (Net Profit / Asset) 1,79%3,59%
Assets1 492 686394 579
Book Value Per Share2 253249
Cash Flow per Share2 49,361,2
Capex1 11 06518 738
Capex / Sales 4,96%7,47%
Announcement Date 02/26/2021-
Previous period Next period
1 EUR in Million
2 EUR
Financial Ratios
Size 2021e 2022e
Capitalization 125 404 M € -
Entreprise Value (EV) 94 849 M € 87 024 M €
Valuation 2021e 2022e
P/E ratio (Price / EPS) 7,46x 6,87x
Capitalization / Revenue 0,50x 0,48x
EV / Revenue 0,38x 0,36x
EV / EBITDA 2,57x 2,50x
Yield (DPS / Price) 3,40% 4,07%
Price to book (Price / BVPS) 0,84x 0,77x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 7,21% 7,60%
Operating Leverage (Delta EBIT / Delta Sales) 5,62x 2,16x
Net Margin (Net Profit / Revenue) 5,64% 5,84%
ROA (Net Profit / Asset) 3,59% 3,75%
ROE (Net Profit / Equities) 10,7% 11,3%
Rate of Dividend 25,4% 28,0%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   7,47% 6,98%
Cash Flow / Sales 12,2% 12,3%
Capital Intensity (Assets / Sales) 1,57x 1,56x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend