Volkswagen（1VOW3）株式概要フォルクスワーゲンAGは、ドイツ、その他の欧州諸国、北米、南米、アジア太平洋地域、および国際的に自動車を製造・販売している。 詳細1VOW3 ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長3/6過去の実績0/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より75.7%で取引されている 収益は年間21.14%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が26.1%上昇するだろうとほぼ一致している。 リスク分析負債は営業キャッシュフローで十分にカバーされていない 財務結果に影響を与える大きな一時的項目 5.95%の配当はフリーキャッシュフローで十分にカバーされていない 利益率(1.9%)は昨年より低い(2.9%) すべてのリスクチェックを見る1VOW3 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€88.1653.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b363b2016201920222025202620282031Revenue €362.8bEarnings €7.0bAdvancedSet Fair ValueView all narrativesVolkswagen AG 競合他社FerrariSymbol: BIT:RACEMarket cap: €54.1bDr. Ing. h.c. F. PorscheSymbol: XTRA:P911Market cap: €44.7bMercedes-Benz GroupSymbol: XTRA:MBGMarket cap: €44.4bBayerische Motoren WerkeSymbol: XTRA:BMWMarket cap: €40.7b価格と性能株価の高値、安値、推移の概要Volkswagen過去の株価現在の株価€88.1652週高値€109.1552週安値€82.82ベータ0.981ヶ月の変化0.87%3ヶ月変化0.068%1年変化-1.06%3年間の変化-31.67%5年間の変化-59.63%IPOからの変化-19.93%最新ニュースUpcoming Dividend • Jun 12Upcoming dividend of €5.26 per shareEligible shareholders must have bought the stock before 19 June 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 5.9%. Within top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (4.6%).Reported Earnings • May 05First quarter 2026 earnings released: EPS: €2.57 (vs €3.65 in 1Q 2025)First quarter 2026 results: EPS: €2.57 (down from €3.65 in 1Q 2025). Revenue: €75.7b (down 2.5% from 1Q 2025). Net income: €1.29b (down 30% from 1Q 2025). Profit margin: 1.7% (down from 2.4% in 1Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Mar 13Volkswagen AG announces Annual dividend, payable on June 23, 2026Volkswagen AG announced Annual dividend of EUR 5.2600 per share payable on June 23, 2026, ex-date on June 19, 2026 and record date on June 22, 2026.New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.8% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).Reported Earnings • Mar 11Full year 2025 earnings releasedFull year 2025 results: Revenue: €321.9b (flat on FY 2024). Net income: €7.32b (down 32% from FY 2024). Profit margin: 2.3% (down from 3.3% in FY 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Mar 07+ 1 more updateVolkswagen AG to Report Nine Months, 2026 Results on Oct 29, 2026Volkswagen AG announced that they will report nine months, 2026 results on Oct 29, 2026最新情報をもっと見るRecent updatesUpcoming Dividend • Jun 12Upcoming dividend of €5.26 per shareEligible shareholders must have bought the stock before 19 June 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 5.9%. Within top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (4.6%).Reported Earnings • May 05First quarter 2026 earnings released: EPS: €2.57 (vs €3.65 in 1Q 2025)First quarter 2026 results: EPS: €2.57 (down from €3.65 in 1Q 2025). Revenue: €75.7b (down 2.5% from 1Q 2025). Net income: €1.29b (down 30% from 1Q 2025). Profit margin: 1.7% (down from 2.4% in 1Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Mar 13Volkswagen AG announces Annual dividend, payable on June 23, 2026Volkswagen AG announced Annual dividend of EUR 5.2600 per share payable on June 23, 2026, ex-date on June 19, 2026 and record date on June 22, 2026.New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.8% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).Reported Earnings • Mar 11Full year 2025 earnings releasedFull year 2025 results: Revenue: €321.9b (flat on FY 2024). Net income: €7.32b (down 32% from FY 2024). Profit margin: 2.3% (down from 3.3% in FY 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Mar 07+ 1 more updateVolkswagen AG to Report Nine Months, 2026 Results on Oct 29, 2026Volkswagen AG announced that they will report nine months, 2026 results on Oct 29, 2026お知らせ • Mar 04Volkswagen Faces Lawsuit on Alleged Illegal Conspiracy to Offer Direct-To-Consumer Evs Under New Scout BrandVolkswagen AG had two Volkswagen dealerships lodge a class-action lawsuit at VW accusing the automaker of attempting to skirt its legal obligations by selling its new Scout-brand electric vehicles directly to consumers, according to Hagens Berman. The lawsuit was filed March 3, 2026, in the U.S. District Court for the Eastern District of Virginia and states, “To avoid these obligations, VW formed separate companies (defendants Scout Motors Inc. and Scout Motor Sales LLC) to effectively act as shell corporations for distribution. In truth, Scout is simply an offshoot of Volkswagen, and Volkswagen’s decision to sell the Scout EVs is a blatant breach of its contract with the dealers.” Sunrise Imports LLC of Long Island, New York and Curran Volkswagen Inc. of Stratford, Connecticut bring claims on behalf of a proposed class of all US persons and entities who own or operate a Volkswagen dealership via a Volkswagen Dealer Agreement. The firm has brought prior successful litigation against Volkswagen on behalf of dealership owners when it achieved a $1,200 million settlement in the aftermath of the Dieselgate emissions-cheating litigation, in which the firm also played a leadership role, culminating in a separate $14,700 million settlement, the largest ever achieved against an automaker. Additionally, the firm represented FCA dealership owners against the automaker for practices that allegedly harmed dealers. The lawsuit cites contractual language from the Volkswagen Dealer Agreement stating plainly, “VWoA will sell and deliver Authorized Products to Dealer in accordance with this Agreement,” and “In the conduct of its business, VWoA will: …Avoid all discourteous, deceptive, misleading, unprofessional or unethical practices.” By refusing to sell “Authorized Products” to dealers, Volkswagen has breached its agreement, the lawsuit states. According to the lawsuit, Volkswagen sought to shirk its legal responsibilities “based on the fiction that Scout is separate from Volkswagen,” when in fact the brand was wholly obtained by Volkswagen AG when it acquired American truck manufacturer International Motors (Navistar) in 2021. As cited in the lawsuit, Scout’s CEO, Scott Keogh, stated publicly in a recent podcast, “100% Scout Motors is part of the Volkswagen Group. Scout Motors is a LLC, and reports into the Volkswagen Group directly in Germany.” The lawsuit brings claims of breach of contract, tortious interference with business relations and conspiracy to injure a business relationship and seeks damages (including punitive and treble damages) and injunctive relief ending the behavior in question.お知らせ • Feb 21Volkswagen Group Announces Executive ChangesAndreas Mindt, Head of Design Volkswagen Brand, will additionally lead Group Design for the Volkswagen Group starting March 1, 2026. He succeeds Michael Mauer, who is leaving the company on amicable terms as part of a generational transition. Mauer had previously transferred his responsibilities at Porsche to his successor. Andreas Mindt began his career in the Volkswagen Group in 1996 after graduating with a degree from the Pforzheim University School of Design. By 2014 he had already held several positions at the Volkswagen brand, working on the design of the first generation of the Tiguan and on the exterior design of the Golf 7, among other things. From 2014 until 2021, he spearheaded the realignment of Audi's exterior design from the Audi A1 through to the Audi e-tron GT and from the Audi Third Quarter through to the Audi Q8. From 2021, as Director of Bentley Design, he was tasked with defining Bentley's new design language, unveiled last summer with the Bentley Batur. He has held the post of Head of Design at the Volkswagen Passenger Cars brand since February 2023. Michael Mauer took over in 2004 as the fourth Head of Design in Porsche's long history, preceded by Ferdinand Alexander Porsche, Anatol Lapine and Harm Lagaay. Mauer studied automotive design at the Pforzheim University of Applied Sciences and joined Porsche following stints at Mercedes, Smart and Saab. At the beginning of his tenure at Porsche AG, he was responsible for the revision of the Cayenne, the new Panamera and the 918 Spyder super sports car. Michael Mauer also transferred the unmistakable Porsche design into the electric age. Since January 2023, he has acted as Head of Group Design for the Volkswagen Group while retaining his position at Porsche.お知らせ • Dec 02Volkswagen Group Announces Executive ChangesVolkswagen Group announced that Effective December 1, 2025, Ludwig Fazel will be appointed as the new Head of Group Strategy, Group Product Strategy, and the General Secretariat of the Volkswagen Group. Until now, he has worked as Chief Operating Officer of Volkswagen Group Components and in parallel as Head of Strategy and Platform Business at Volkswagen Group Technology. his new role, Ludwig Fazel will report to Oliver Blume, CEO of the Volkswagen Group. He succeeds Stefan Weckbach, who is leaving the company at his own request. Ludwig Fazel studied Management and Technology at the Technical University of Munich and at Nanyang Business School in Singapore. Before joining Volkswagen, he worked as a strategy consultant at Roland Berger from 2008 to 2017. He brings a deep understanding of technology topics, the Group's international production network, and cross-brand collaboration. In recent years, he has played a key role in transforming the Group's components business and making it future-proof. Most recently, as Chief Operating Officer of Volkswagen Group Components, he was responsible for the global production network with approx. 65,000 employees. In parallel, Fazel led the strategic direction of the Volkswagen Group Technology division, which includes Volkswagen Group Components as well as the Battery and Charging Energy business areas. He also established the sale of platforms and components to external partners such as Ford and Mahindra within the Group. Stefan Weckbach began his career after studying and earning a doctorate at the University of St. Gallen, initially working for a management consultancy. In 2008, he joined Porsche, where he held various positions, including in corporate strategy and product line management. Since September 2023, he has served as Head of Group Strategy, Group Product Strategy, and the General Secretariat of Volkswagen AG.お知らせ • Nov 27Perrone Robotics Files Patent Infringement Actions to Protect Foundational Robotic and Automated Vehicle Technology against Tesla, Toyota, Volkswagen, Hyundai, Kia, Mazda, and NissanPerrone Robotics, Inc. and Perrone Robotics Innovations, LLC announced that they have filed lawsuits asserting infringement of Perrone Robotics' patented automated vehicle and robotics technologies by seven major automakers: Tesla, Toyota, Volkswagen, Hyundai, Kia, Mazda, and Nissan. The complaints, filed in the U.S. District Courts for the Eastern District of Texas and the Eastern District of Virginia, allege that general-purpose robotics operating systems and applications used with automated driving systems rely on Perrone Robotics' innovations without authorization. Now an industry standard, Perrone Robotics' technology was groundbreaking when company founder Paul Perrone developed it in the mid-2000s. The technology enables automated driving applications to be deployed across fleets of vehicles, an advancement that helped shape the foundation of today's automated vehicles. Paul Perrone was, and remains, a trailblazer in automated vehicle technology, robotics, and AI. Today, nearly every automaker, including the defendants, features automated driving applications as a core component of vehicle safety and driver convenience. The complaints allege that certain automated driving suites and vehicle software stacks incorporate features covered by Perrone Robotics' patents. Perrone Robotics is represented by leading national litigation firm Susman Godfrey LLP, including Shawn Blackburn, Sy Polky, Hunter Vance, Larry Liu, Sarah Pike, and Whitney Wester. Perrone Robotics continues to advance and deploy its autonomous vehicle technologies globally. The company remains focused on collaboration with industry partners, maintaining active integrations and programs that deliver safe, reliable, and practical autonomy solutions.お知らせ • Nov 13Volkswagen AG, Annual General Meeting, Jun 18, 2026Volkswagen AG, Annual General Meeting, Jun 18, 2026, at 10:00 W. Europe Standard Time.お知らせ • Nov 03Volkswagen AG to Report Q1, 2026 Results on Apr 30, 2026Volkswagen AG announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €80.3b (up 2.3% from 3Q 2024). Net loss: €313.0m (down 126% from profit in 3Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.お知らせ • Oct 13Volkswagen AG Names Markus Haupt as Its New Chief Executive Officer of Seat and CupraSeat and Cupra, a Spain-based subsidiary of German automaker Volkswagen AG has named Markus Haupt as its new chief executive officer. Haupt has served as interim CEO since April 2025. He has over 20 years of experience in various roles within the Volkswagen Group and a career that started at Seat. He has expertise in production, logistics, and strategic leadership. He has served in leadership roles across multiple brands and countries. Haupt studied and graduated in Barcelona.お知らせ • Sep 22Volkswagen AG Reaffirms Group Earnings Guidance for the Year 2025Volkswagen AG reaffirmed group earnings guidance for the year 2025. For the year, the group announced guidance of sales revenue remains unchanged (on the level of the previous year).Reported Earnings • Jul 29Second quarter 2025 earnings released: EPS: €4.34 (vs €6.15 in 2Q 2024)Second quarter 2025 results: EPS: €4.34 (down from €6.15 in 2Q 2024). Revenue: €80.8b (down 3.0% from 2Q 2024). Net income: €2.18b (down 29% from 2Q 2024). Profit margin: 2.7% (down from 3.7% in 2Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.お知らせ • May 20Volkswagen Weighs Plan to Sell or Find Partner for ItaldesignVolkswagen AG (XTRA:VOW3) is considering a plan to sell its fully-owned design and engineering unit Italdesign (Italdesign Giugiaro S.p.A.) or to find a partner for it, union representatives said on May 19, 2025, as part of the German automaker's efforts to overhaul its European operations. Volkswagen, which controls Italdesign through its Audi unit, is under pressure from increasing competition and a lacklustre European car market. Audi was not immediately available for comment. Volkswagen, has received preliminary expressions of interest from four or five counterparts, the union representatives said after a meeting with Italdesign management, adding the German company will not consider offers from competitors or financial groups. "The management confirmed in the meeting that Audi is assessing a possible sale of Italdesign," Gianni Mannori of Fiom union told Reuters, adding alternative options could be considered. The process could take a few months, Mannori added. Rocco Cutrì, the head of FIM Cisl union in Turin, said Audi was running a preliminary due diligence process at Italdesign, to prepare the unit for the plan.Upcoming Dividend • May 12Upcoming dividend of €6.36 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (4.9%).Reported Earnings • May 02First quarter 2025 earnings released: EPS: €3.65 (vs €6.45 in 1Q 2024)First quarter 2025 results: EPS: €3.65 (down from €6.45 in 1Q 2024). Revenue: €77.6b (up 2.8% from 1Q 2024). Net income: €1.83b (down 43% from 1Q 2024). Profit margin: 2.4% (down from 4.3% in 1Q 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto industry in Italy. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.お知らせ • Mar 18Volkswagen AG, Annual General Meeting, May 16, 2025Volkswagen AG, Annual General Meeting, May 16, 2025, at 10:00 Central European Standard Time. Location: Volkswagen Aktiengesellschaft Group Investor Relations Mailbox 1849 38436 Wolfsburg Germany Agenda: The 65th Annual General Meeting of Volkswagen Aktiengesellschaft.New Risk • Mar 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 5.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.3% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin).Declared Dividend • Mar 13Dividend reduced to €6.36Dividend of €6.36 is 30% lower than last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 12Volkswagen AG announces Annual dividend, payable on May 21, 2025Volkswagen AG announced Annual dividend of EUR 6.3600 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.Reported Earnings • Mar 11Full year 2024 earnings released: EPS: €24.72 (vs €31.94 in FY 2023)Full year 2024 results: EPS: €24.72 (down from €31.94 in FY 2023). Revenue: €324.7b (flat on FY 2023). Net income: €12.4b (down 23% from FY 2023). Profit margin: 3.8% (down from 5.0% in FY 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year.お知らせ • Jan 24Volkswagen Reportedly Plans to Lower Traton StakeVolkswagen AG (XTRA:VOW3) intends to divest a 15% stake in its truck subsidiary Traton SE (XTRA:8TRA), pursuing proceeds of around EUR 2 billion (USD 2.08 billion), local magazine Manager Magazin reported on Wednesday. The potential deal is expected to take place in the first half of 2025, the magazine said, citing unnamed sources. Volkswagen currently holds 89.72% of Traton after selling a 10.28% stake in an initial public offering (IPO) in 2019. In May 2024, however, Volkwagen CEO Oliver Blume indicated intentions to reduce the shareholding to 75% plus one share in the medium-term.お知らせ • Dec 02+ 2 more updatesVolkswagen AG to Report Nine Months, 2025 Results on Oct 30, 2025Volkswagen AG announced that they will report nine months, 2025 results on Oct 30, 2025お知らせ • Nov 28Shanghai Motor Vehicle Inspection Center agreed to acquire Volkswagen factory in Xinjiang and a test track in Turpan from Volkswagen AG (XTRA:VOW3).Shanghai Motor Vehicle Inspection Center agreed to acquire Volkswagen factory in Xinjiang and a test track in Turpan from Volkswagen AG (XTRA:VOW3) on November 27, 2024.お知らせ • Nov 23Volkswagen AG to Report Fiscal Year 2024 Results on Mar 11, 2025Volkswagen AG announced that they will report fiscal year 2024 results on Mar 11, 2025Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €2.42 (vs €7.76 in 3Q 2023)Third quarter 2024 results: EPS: €2.42 (down from €7.76 in 3Q 2023). Revenue: €78.5b (flat on 3Q 2023). Net income: €1.21b (down 69% from 3Q 2023). Profit margin: 1.5% (down from 4.9% in 3Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Aug 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €93.60. The fair value is estimated to be €117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 7.3%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.Reported Earnings • Aug 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €83.3b (up 4.1% from 2Q 2023). Net income: €3.27b (flat on 2Q 2023). Profit margin: 3.9% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto industry in Europe.お知らせ • Jul 11Volkswagen AG Updates Earnings Guidance for the Full Year 2024Volkswagen AG updated earnings guidance for the full year 2024. For the period, company now expects an operating return on sales of 6.5% to 7.0% (previously: 7.0% to 7.5%).Upcoming Dividend • May 23Upcoming dividend of €9.06 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 04 June 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 7.7%. Within top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (6.4%).お知らせ • May 14Volkswagen Reportedly Explores Stock Sale in TratonVolkswagen AG (XTRA:VOW3) is exploring the sale of as much as €1 billion ($1.1 billion) of stock in Traton SE (XTRA:8TRA), people familiar with the matter said, taking advantage of the truckmaker’s surging price to increase the number of shares available for trading. VW, which owns about 90% of Traton, has been talking to potential advisers about a sale to institutional investors via an accelerated bookbuilding transaction as soon as the next few weeks, the people said. The size of the offering could be about €500 million to €1 billion depending on market conditions, according to the people.Reported Earnings • May 01First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €75.5b (down 1.0% from 1Q 2023). Net income: €3.43b (down 19% from 1Q 2023). Profit margin: 4.5% (down from 5.5% in 1Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.New Risk • Mar 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.3% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €31.92 (vs €29.66 in FY 2022)Full year 2023 results: EPS: €31.92 (up from €29.66 in FY 2022). Revenue: €322.3b (up 15% from FY 2022). Net income: €16.6b (up 12% from FY 2022). Profit margin: 5.2% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Feb 26Volkswagen AG to Report Q1, 2024 Results on Apr 30, 2024Volkswagen AG announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Jan 16+ 3 more updatesVolkswagen AG, Annual General Meeting, May 29, 2024Volkswagen AG, Annual General Meeting, May 29, 2024.お知らせ • Nov 24Volkswagen Engine Coolant Pump Settlement Reaches in CanadaA settlement in Canada has been reached with Volkswagen to resolve allegations of issues with primary engine coolant pumps in certain 2008-2021 Volkswagen and Audi vehicles. Volkswagen completely denies any and all wrongdoing or liability, however its motivation in reaching the settlement is to ensure customer satisfaction and confidence in its vehicles. The class actions were certified on October 16, 2023. The parties have agreed to settle the class actions in Canada on a without prejudice or admission basis, by way of mutual concessions. The settlement must be approved by the Court to become effective. The settlement approval hearing will be held on December 1, 2023 at the Court of King's Bench, Saskatchewan, or virtually, subject to the direction of the Court. Requests to opt out or object to the settlement must be received by November 30, 2023.Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: €7.76 (vs €3.90 in 3Q 2022)Third quarter 2023 results: EPS: €7.76 (up from €3.90 in 3Q 2022). Revenue: €78.8b (up 12% from 3Q 2022). Net income: €4.03b (up 106% from 3Q 2022). Profit margin: 5.1% (up from 2.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Oct 21Volkswagen AG Updates Group Earnings Guidance for the Year 2023Volkswagen AG updated group earnings guidance for the year 2023. The company continues to expect Group sales revenue to be 10% to 15% higher than the prior-year figure. The company now expects operating result for the full year 2023 to be around the level of the previous year before special items, which was around EUR 22.5 billion (previously: operating return on sales between 7.5% and 8.5%).Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: €7.56 (vs €7.46 in 2Q 2022)Second quarter 2023 results: EPS: €7.56 (up from €7.46 in 2Q 2022). Revenue: €80.1b (up 15% from 2Q 2022). Net income: €3.79b (up 1.3% from 2Q 2022). Profit margin: 4.7% (down from 5.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (321% cash payout ratio). Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (3.4% increase in shares outstanding).お知らせ • Jun 07Anexo Group plc Announces Settlement with Volkswagen AGAnexo can announce that the Group has reached an agreement with Volkswagen AG ("VW") and its subsidiaries to conclude the claims of around 12,000 claimants represented by the Group (the "VW Emissions case"). The VW Emissions case was handled by a specialist team within the Group's legal services division, Bond Turner. This agreement avoids the need for protracted litigation and the substantial legal costs that would have been incurred by both parties had the matter progressed to trial. The terms of the agreement are subject to confidentiality restrictions, however the Group can announce that it will have a net positive cash position to Anexo of £7.175 million.お知らせ • May 20Art-Finance LLC acquired Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3).Art-Finance LLC acquired Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3) on May 19, 2023. The transaction has been approved by the Russian government authorities.Art-Finance LLC completed the acquisition of Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3) on May 19, 2023.お知らせ • Feb 07Volkswagen Reportedly Considers Sale of Car Plant in KalugaVolkswagen AG (XTRA:VOW3) considers selling its Russian assets, including a car plant in Kaluga, but no final decision has been made yet, a spokesperson for the company told PRIME on February 6, 2023. “We monitor the situation and consider various further scenarios. One of the options is a sale of Volkswagen Group Rus's assets to a third party. Nevertheless, no decision has been made," the person said. Kommersant business daily reported earlier that Sistema was interested in acquiring a Volkswagen car plant in Kaluga, the deal may involve Kazakhstan's car producer Allur.株主還元1VOW3IT AutoIT 市場7D0.7%0.3%3.4%1Y-1.1%-25.2%25.2%株主還元を見る業界別リターン: 1VOW3過去 1 年間で-25.2 % の収益を上げたItalian Auto業界を上回りました。リターン対市場: 1VOW3は、過去 1 年間で25.2 % のリターンを上げたItalian市場を下回りました。価格変動Is 1VOW3's price volatile compared to industry and market?1VOW3 volatility1VOW3 Average Weekly Movement3.5%Auto Industry Average Movement4.6%Market Average Movement4.9%10% most volatile stocks in IT Market8.5%10% least volatile stocks in IT Market3.0%安定した株価: 1VOW3 、 Italian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 1VOW3の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1937598,592Oliver Blumewww.volkswagen-group.comフォルクスワーゲンAGは、ドイツ、その他の欧州諸国、北米、南米、アジア太平洋地域、および国際的に自動車を製造・販売している。フォルクスワーゲンAGは4つのセグメントを通じて事業を展開している：乗用車・小型商用車部門、商用車部門、パワーエンジニアリング部門、金融サービス部門である。乗用車・小型商用車部門は、車両、エンジン、モーター、車両ソフトウェア、電池の開発、乗用車・小型商用車および関連部品の生産・販売、二輪車の販売を行っている。商用車事業」は、車両・エンジン・モーター・車両の開発、トラック・バスの開発・生産・販売、部品・関連サービスの提供を行っている。パワーエンジニアリングセグメントは、大口径ディーゼルエンジン、ターボ機械、推進部品を提供している。金融サービス部門は、ディーラーおよび顧客向け融資、リース、ダイレクトバンキング、保険、車両管理、モビリティサービスを提供している。フォルクスワーゲン乗用車、シュコダ、シート／クプラ、フォルクスワーゲン商用車、アウディ、ランボルギーニ、ベントレー、ドゥカティ、ポルシェ、スカニア、マン、フォルクスワーゲン・トラック＆バス、インターナショナル商用車、トラトン、ブガッティ・リマックのブランドで製品を販売している。フォルクスワーゲンAG は1937 年に設立され、ドイツのヴォルフスブルクに本社を置く。フォルクスワーゲンAGはポルシェ・オートモービル・ホールディングSEの子会社として運営されている。もっと見るVolkswagen AG 基礎のまとめVolkswagen の収益と売上を時価総額と比較するとどうか。1VOW3 基礎統計学時価総額€44.55b収益（TTM）€6.13b売上高(TTM)€320.01b7.2xPER（株価収益率0.1xP/Sレシオ1VOW3 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1VOW3 損益計算書（TTM）収益€320.01b売上原価€216.27b売上総利益€44.95bその他の費用€38.82b収益€6.13b直近の収益報告Mar 31, 2026次回決算日Jul 24, 2026一株当たり利益（EPS）12.23グロス・マージン14.05%純利益率1.92%有利子負債／自己資本比率133.3%1VOW3 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.9%現在の配当利回り43%配当性向1VOW3 配当は確実ですか？1VOW3 配当履歴とベンチマークを見る1VOW3 、いつまでに購入すれば配当金を受け取れますか？Volkswagen 配当日配当落ち日Jun 19 2026配当支払日Jun 23 2026配当落ちまでの日数4 days配当支払日までの日数8 days1VOW3 配当は確実ですか？1VOW3 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/14 23:51終値2026/06/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Volkswagen AG 19 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。40 アナリスト機関Klaus BreitenbachBaader Helvea Equity ResearchÓscar Rodriguez RoucoBanco de Sabadell. S.A.Eduardo González MartínBanco Santander37 その他のアナリストを表示
Upcoming Dividend • Jun 12Upcoming dividend of €5.26 per shareEligible shareholders must have bought the stock before 19 June 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 5.9%. Within top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (4.6%).
Reported Earnings • May 05First quarter 2026 earnings released: EPS: €2.57 (vs €3.65 in 1Q 2025)First quarter 2026 results: EPS: €2.57 (down from €3.65 in 1Q 2025). Revenue: €75.7b (down 2.5% from 1Q 2025). Net income: €1.29b (down 30% from 1Q 2025). Profit margin: 1.7% (down from 2.4% in 1Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 13Volkswagen AG announces Annual dividend, payable on June 23, 2026Volkswagen AG announced Annual dividend of EUR 5.2600 per share payable on June 23, 2026, ex-date on June 19, 2026 and record date on June 22, 2026.
New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.8% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).
Reported Earnings • Mar 11Full year 2025 earnings releasedFull year 2025 results: Revenue: €321.9b (flat on FY 2024). Net income: €7.32b (down 32% from FY 2024). Profit margin: 2.3% (down from 3.3% in FY 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 07+ 1 more updateVolkswagen AG to Report Nine Months, 2026 Results on Oct 29, 2026Volkswagen AG announced that they will report nine months, 2026 results on Oct 29, 2026
Upcoming Dividend • Jun 12Upcoming dividend of €5.26 per shareEligible shareholders must have bought the stock before 19 June 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 5.9%. Within top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (4.6%).
Reported Earnings • May 05First quarter 2026 earnings released: EPS: €2.57 (vs €3.65 in 1Q 2025)First quarter 2026 results: EPS: €2.57 (down from €3.65 in 1Q 2025). Revenue: €75.7b (down 2.5% from 1Q 2025). Net income: €1.29b (down 30% from 1Q 2025). Profit margin: 1.7% (down from 2.4% in 1Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 13Volkswagen AG announces Annual dividend, payable on June 23, 2026Volkswagen AG announced Annual dividend of EUR 5.2600 per share payable on June 23, 2026, ex-date on June 19, 2026 and record date on June 22, 2026.
New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.8% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).
Reported Earnings • Mar 11Full year 2025 earnings releasedFull year 2025 results: Revenue: €321.9b (flat on FY 2024). Net income: €7.32b (down 32% from FY 2024). Profit margin: 2.3% (down from 3.3% in FY 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 07+ 1 more updateVolkswagen AG to Report Nine Months, 2026 Results on Oct 29, 2026Volkswagen AG announced that they will report nine months, 2026 results on Oct 29, 2026
お知らせ • Mar 04Volkswagen Faces Lawsuit on Alleged Illegal Conspiracy to Offer Direct-To-Consumer Evs Under New Scout BrandVolkswagen AG had two Volkswagen dealerships lodge a class-action lawsuit at VW accusing the automaker of attempting to skirt its legal obligations by selling its new Scout-brand electric vehicles directly to consumers, according to Hagens Berman. The lawsuit was filed March 3, 2026, in the U.S. District Court for the Eastern District of Virginia and states, “To avoid these obligations, VW formed separate companies (defendants Scout Motors Inc. and Scout Motor Sales LLC) to effectively act as shell corporations for distribution. In truth, Scout is simply an offshoot of Volkswagen, and Volkswagen’s decision to sell the Scout EVs is a blatant breach of its contract with the dealers.” Sunrise Imports LLC of Long Island, New York and Curran Volkswagen Inc. of Stratford, Connecticut bring claims on behalf of a proposed class of all US persons and entities who own or operate a Volkswagen dealership via a Volkswagen Dealer Agreement. The firm has brought prior successful litigation against Volkswagen on behalf of dealership owners when it achieved a $1,200 million settlement in the aftermath of the Dieselgate emissions-cheating litigation, in which the firm also played a leadership role, culminating in a separate $14,700 million settlement, the largest ever achieved against an automaker. Additionally, the firm represented FCA dealership owners against the automaker for practices that allegedly harmed dealers. The lawsuit cites contractual language from the Volkswagen Dealer Agreement stating plainly, “VWoA will sell and deliver Authorized Products to Dealer in accordance with this Agreement,” and “In the conduct of its business, VWoA will: …Avoid all discourteous, deceptive, misleading, unprofessional or unethical practices.” By refusing to sell “Authorized Products” to dealers, Volkswagen has breached its agreement, the lawsuit states. According to the lawsuit, Volkswagen sought to shirk its legal responsibilities “based on the fiction that Scout is separate from Volkswagen,” when in fact the brand was wholly obtained by Volkswagen AG when it acquired American truck manufacturer International Motors (Navistar) in 2021. As cited in the lawsuit, Scout’s CEO, Scott Keogh, stated publicly in a recent podcast, “100% Scout Motors is part of the Volkswagen Group. Scout Motors is a LLC, and reports into the Volkswagen Group directly in Germany.” The lawsuit brings claims of breach of contract, tortious interference with business relations and conspiracy to injure a business relationship and seeks damages (including punitive and treble damages) and injunctive relief ending the behavior in question.
お知らせ • Feb 21Volkswagen Group Announces Executive ChangesAndreas Mindt, Head of Design Volkswagen Brand, will additionally lead Group Design for the Volkswagen Group starting March 1, 2026. He succeeds Michael Mauer, who is leaving the company on amicable terms as part of a generational transition. Mauer had previously transferred his responsibilities at Porsche to his successor. Andreas Mindt began his career in the Volkswagen Group in 1996 after graduating with a degree from the Pforzheim University School of Design. By 2014 he had already held several positions at the Volkswagen brand, working on the design of the first generation of the Tiguan and on the exterior design of the Golf 7, among other things. From 2014 until 2021, he spearheaded the realignment of Audi's exterior design from the Audi A1 through to the Audi e-tron GT and from the Audi Third Quarter through to the Audi Q8. From 2021, as Director of Bentley Design, he was tasked with defining Bentley's new design language, unveiled last summer with the Bentley Batur. He has held the post of Head of Design at the Volkswagen Passenger Cars brand since February 2023. Michael Mauer took over in 2004 as the fourth Head of Design in Porsche's long history, preceded by Ferdinand Alexander Porsche, Anatol Lapine and Harm Lagaay. Mauer studied automotive design at the Pforzheim University of Applied Sciences and joined Porsche following stints at Mercedes, Smart and Saab. At the beginning of his tenure at Porsche AG, he was responsible for the revision of the Cayenne, the new Panamera and the 918 Spyder super sports car. Michael Mauer also transferred the unmistakable Porsche design into the electric age. Since January 2023, he has acted as Head of Group Design for the Volkswagen Group while retaining his position at Porsche.
お知らせ • Dec 02Volkswagen Group Announces Executive ChangesVolkswagen Group announced that Effective December 1, 2025, Ludwig Fazel will be appointed as the new Head of Group Strategy, Group Product Strategy, and the General Secretariat of the Volkswagen Group. Until now, he has worked as Chief Operating Officer of Volkswagen Group Components and in parallel as Head of Strategy and Platform Business at Volkswagen Group Technology. his new role, Ludwig Fazel will report to Oliver Blume, CEO of the Volkswagen Group. He succeeds Stefan Weckbach, who is leaving the company at his own request. Ludwig Fazel studied Management and Technology at the Technical University of Munich and at Nanyang Business School in Singapore. Before joining Volkswagen, he worked as a strategy consultant at Roland Berger from 2008 to 2017. He brings a deep understanding of technology topics, the Group's international production network, and cross-brand collaboration. In recent years, he has played a key role in transforming the Group's components business and making it future-proof. Most recently, as Chief Operating Officer of Volkswagen Group Components, he was responsible for the global production network with approx. 65,000 employees. In parallel, Fazel led the strategic direction of the Volkswagen Group Technology division, which includes Volkswagen Group Components as well as the Battery and Charging Energy business areas. He also established the sale of platforms and components to external partners such as Ford and Mahindra within the Group. Stefan Weckbach began his career after studying and earning a doctorate at the University of St. Gallen, initially working for a management consultancy. In 2008, he joined Porsche, where he held various positions, including in corporate strategy and product line management. Since September 2023, he has served as Head of Group Strategy, Group Product Strategy, and the General Secretariat of Volkswagen AG.
お知らせ • Nov 27Perrone Robotics Files Patent Infringement Actions to Protect Foundational Robotic and Automated Vehicle Technology against Tesla, Toyota, Volkswagen, Hyundai, Kia, Mazda, and NissanPerrone Robotics, Inc. and Perrone Robotics Innovations, LLC announced that they have filed lawsuits asserting infringement of Perrone Robotics' patented automated vehicle and robotics technologies by seven major automakers: Tesla, Toyota, Volkswagen, Hyundai, Kia, Mazda, and Nissan. The complaints, filed in the U.S. District Courts for the Eastern District of Texas and the Eastern District of Virginia, allege that general-purpose robotics operating systems and applications used with automated driving systems rely on Perrone Robotics' innovations without authorization. Now an industry standard, Perrone Robotics' technology was groundbreaking when company founder Paul Perrone developed it in the mid-2000s. The technology enables automated driving applications to be deployed across fleets of vehicles, an advancement that helped shape the foundation of today's automated vehicles. Paul Perrone was, and remains, a trailblazer in automated vehicle technology, robotics, and AI. Today, nearly every automaker, including the defendants, features automated driving applications as a core component of vehicle safety and driver convenience. The complaints allege that certain automated driving suites and vehicle software stacks incorporate features covered by Perrone Robotics' patents. Perrone Robotics is represented by leading national litigation firm Susman Godfrey LLP, including Shawn Blackburn, Sy Polky, Hunter Vance, Larry Liu, Sarah Pike, and Whitney Wester. Perrone Robotics continues to advance and deploy its autonomous vehicle technologies globally. The company remains focused on collaboration with industry partners, maintaining active integrations and programs that deliver safe, reliable, and practical autonomy solutions.
お知らせ • Nov 13Volkswagen AG, Annual General Meeting, Jun 18, 2026Volkswagen AG, Annual General Meeting, Jun 18, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Nov 03Volkswagen AG to Report Q1, 2026 Results on Apr 30, 2026Volkswagen AG announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €80.3b (up 2.3% from 3Q 2024). Net loss: €313.0m (down 126% from profit in 3Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.
お知らせ • Oct 13Volkswagen AG Names Markus Haupt as Its New Chief Executive Officer of Seat and CupraSeat and Cupra, a Spain-based subsidiary of German automaker Volkswagen AG has named Markus Haupt as its new chief executive officer. Haupt has served as interim CEO since April 2025. He has over 20 years of experience in various roles within the Volkswagen Group and a career that started at Seat. He has expertise in production, logistics, and strategic leadership. He has served in leadership roles across multiple brands and countries. Haupt studied and graduated in Barcelona.
お知らせ • Sep 22Volkswagen AG Reaffirms Group Earnings Guidance for the Year 2025Volkswagen AG reaffirmed group earnings guidance for the year 2025. For the year, the group announced guidance of sales revenue remains unchanged (on the level of the previous year).
Reported Earnings • Jul 29Second quarter 2025 earnings released: EPS: €4.34 (vs €6.15 in 2Q 2024)Second quarter 2025 results: EPS: €4.34 (down from €6.15 in 2Q 2024). Revenue: €80.8b (down 3.0% from 2Q 2024). Net income: €2.18b (down 29% from 2Q 2024). Profit margin: 2.7% (down from 3.7% in 2Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.
お知らせ • May 20Volkswagen Weighs Plan to Sell or Find Partner for ItaldesignVolkswagen AG (XTRA:VOW3) is considering a plan to sell its fully-owned design and engineering unit Italdesign (Italdesign Giugiaro S.p.A.) or to find a partner for it, union representatives said on May 19, 2025, as part of the German automaker's efforts to overhaul its European operations. Volkswagen, which controls Italdesign through its Audi unit, is under pressure from increasing competition and a lacklustre European car market. Audi was not immediately available for comment. Volkswagen, has received preliminary expressions of interest from four or five counterparts, the union representatives said after a meeting with Italdesign management, adding the German company will not consider offers from competitors or financial groups. "The management confirmed in the meeting that Audi is assessing a possible sale of Italdesign," Gianni Mannori of Fiom union told Reuters, adding alternative options could be considered. The process could take a few months, Mannori added. Rocco Cutrì, the head of FIM Cisl union in Turin, said Audi was running a preliminary due diligence process at Italdesign, to prepare the unit for the plan.
Upcoming Dividend • May 12Upcoming dividend of €6.36 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (4.9%).
Reported Earnings • May 02First quarter 2025 earnings released: EPS: €3.65 (vs €6.45 in 1Q 2024)First quarter 2025 results: EPS: €3.65 (down from €6.45 in 1Q 2024). Revenue: €77.6b (up 2.8% from 1Q 2024). Net income: €1.83b (down 43% from 1Q 2024). Profit margin: 2.4% (down from 4.3% in 1Q 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto industry in Italy. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.
お知らせ • Mar 18Volkswagen AG, Annual General Meeting, May 16, 2025Volkswagen AG, Annual General Meeting, May 16, 2025, at 10:00 Central European Standard Time. Location: Volkswagen Aktiengesellschaft Group Investor Relations Mailbox 1849 38436 Wolfsburg Germany Agenda: The 65th Annual General Meeting of Volkswagen Aktiengesellschaft.
New Risk • Mar 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 5.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.3% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin).
Declared Dividend • Mar 13Dividend reduced to €6.36Dividend of €6.36 is 30% lower than last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 12Volkswagen AG announces Annual dividend, payable on May 21, 2025Volkswagen AG announced Annual dividend of EUR 6.3600 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
Reported Earnings • Mar 11Full year 2024 earnings released: EPS: €24.72 (vs €31.94 in FY 2023)Full year 2024 results: EPS: €24.72 (down from €31.94 in FY 2023). Revenue: €324.7b (flat on FY 2023). Net income: €12.4b (down 23% from FY 2023). Profit margin: 3.8% (down from 5.0% in FY 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year.
お知らせ • Jan 24Volkswagen Reportedly Plans to Lower Traton StakeVolkswagen AG (XTRA:VOW3) intends to divest a 15% stake in its truck subsidiary Traton SE (XTRA:8TRA), pursuing proceeds of around EUR 2 billion (USD 2.08 billion), local magazine Manager Magazin reported on Wednesday. The potential deal is expected to take place in the first half of 2025, the magazine said, citing unnamed sources. Volkswagen currently holds 89.72% of Traton after selling a 10.28% stake in an initial public offering (IPO) in 2019. In May 2024, however, Volkwagen CEO Oliver Blume indicated intentions to reduce the shareholding to 75% plus one share in the medium-term.
お知らせ • Dec 02+ 2 more updatesVolkswagen AG to Report Nine Months, 2025 Results on Oct 30, 2025Volkswagen AG announced that they will report nine months, 2025 results on Oct 30, 2025
お知らせ • Nov 28Shanghai Motor Vehicle Inspection Center agreed to acquire Volkswagen factory in Xinjiang and a test track in Turpan from Volkswagen AG (XTRA:VOW3).Shanghai Motor Vehicle Inspection Center agreed to acquire Volkswagen factory in Xinjiang and a test track in Turpan from Volkswagen AG (XTRA:VOW3) on November 27, 2024.
お知らせ • Nov 23Volkswagen AG to Report Fiscal Year 2024 Results on Mar 11, 2025Volkswagen AG announced that they will report fiscal year 2024 results on Mar 11, 2025
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: €2.42 (vs €7.76 in 3Q 2023)Third quarter 2024 results: EPS: €2.42 (down from €7.76 in 3Q 2023). Revenue: €78.5b (flat on 3Q 2023). Net income: €1.21b (down 69% from 3Q 2023). Profit margin: 1.5% (down from 4.9% in 3Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Aug 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €93.60. The fair value is estimated to be €117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 7.3%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.
Reported Earnings • Aug 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €83.3b (up 4.1% from 2Q 2023). Net income: €3.27b (flat on 2Q 2023). Profit margin: 3.9% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto industry in Europe.
お知らせ • Jul 11Volkswagen AG Updates Earnings Guidance for the Full Year 2024Volkswagen AG updated earnings guidance for the full year 2024. For the period, company now expects an operating return on sales of 6.5% to 7.0% (previously: 7.0% to 7.5%).
Upcoming Dividend • May 23Upcoming dividend of €9.06 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 04 June 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 7.7%. Within top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (6.4%).
お知らせ • May 14Volkswagen Reportedly Explores Stock Sale in TratonVolkswagen AG (XTRA:VOW3) is exploring the sale of as much as €1 billion ($1.1 billion) of stock in Traton SE (XTRA:8TRA), people familiar with the matter said, taking advantage of the truckmaker’s surging price to increase the number of shares available for trading. VW, which owns about 90% of Traton, has been talking to potential advisers about a sale to institutional investors via an accelerated bookbuilding transaction as soon as the next few weeks, the people said. The size of the offering could be about €500 million to €1 billion depending on market conditions, according to the people.
Reported Earnings • May 01First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €75.5b (down 1.0% from 1Q 2023). Net income: €3.43b (down 19% from 1Q 2023). Profit margin: 4.5% (down from 5.5% in 1Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
New Risk • Mar 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.3% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €31.92 (vs €29.66 in FY 2022)Full year 2023 results: EPS: €31.92 (up from €29.66 in FY 2022). Revenue: €322.3b (up 15% from FY 2022). Net income: €16.6b (up 12% from FY 2022). Profit margin: 5.2% (down from 5.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Feb 26Volkswagen AG to Report Q1, 2024 Results on Apr 30, 2024Volkswagen AG announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Jan 16+ 3 more updatesVolkswagen AG, Annual General Meeting, May 29, 2024Volkswagen AG, Annual General Meeting, May 29, 2024.
お知らせ • Nov 24Volkswagen Engine Coolant Pump Settlement Reaches in CanadaA settlement in Canada has been reached with Volkswagen to resolve allegations of issues with primary engine coolant pumps in certain 2008-2021 Volkswagen and Audi vehicles. Volkswagen completely denies any and all wrongdoing or liability, however its motivation in reaching the settlement is to ensure customer satisfaction and confidence in its vehicles. The class actions were certified on October 16, 2023. The parties have agreed to settle the class actions in Canada on a without prejudice or admission basis, by way of mutual concessions. The settlement must be approved by the Court to become effective. The settlement approval hearing will be held on December 1, 2023 at the Court of King's Bench, Saskatchewan, or virtually, subject to the direction of the Court. Requests to opt out or object to the settlement must be received by November 30, 2023.
Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: €7.76 (vs €3.90 in 3Q 2022)Third quarter 2023 results: EPS: €7.76 (up from €3.90 in 3Q 2022). Revenue: €78.8b (up 12% from 3Q 2022). Net income: €4.03b (up 106% from 3Q 2022). Profit margin: 5.1% (up from 2.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Oct 21Volkswagen AG Updates Group Earnings Guidance for the Year 2023Volkswagen AG updated group earnings guidance for the year 2023. The company continues to expect Group sales revenue to be 10% to 15% higher than the prior-year figure. The company now expects operating result for the full year 2023 to be around the level of the previous year before special items, which was around EUR 22.5 billion (previously: operating return on sales between 7.5% and 8.5%).
Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: €7.56 (vs €7.46 in 2Q 2022)Second quarter 2023 results: EPS: €7.56 (up from €7.46 in 2Q 2022). Revenue: €80.1b (up 15% from 2Q 2022). Net income: €3.79b (up 1.3% from 2Q 2022). Profit margin: 4.7% (down from 5.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (321% cash payout ratio). Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (3.4% increase in shares outstanding).
お知らせ • Jun 07Anexo Group plc Announces Settlement with Volkswagen AGAnexo can announce that the Group has reached an agreement with Volkswagen AG ("VW") and its subsidiaries to conclude the claims of around 12,000 claimants represented by the Group (the "VW Emissions case"). The VW Emissions case was handled by a specialist team within the Group's legal services division, Bond Turner. This agreement avoids the need for protracted litigation and the substantial legal costs that would have been incurred by both parties had the matter progressed to trial. The terms of the agreement are subject to confidentiality restrictions, however the Group can announce that it will have a net positive cash position to Anexo of £7.175 million.
お知らせ • May 20Art-Finance LLC acquired Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3).Art-Finance LLC acquired Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3) on May 19, 2023. The transaction has been approved by the Russian government authorities.Art-Finance LLC completed the acquisition of Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3) on May 19, 2023.
お知らせ • Feb 07Volkswagen Reportedly Considers Sale of Car Plant in KalugaVolkswagen AG (XTRA:VOW3) considers selling its Russian assets, including a car plant in Kaluga, but no final decision has been made yet, a spokesperson for the company told PRIME on February 6, 2023. “We monitor the situation and consider various further scenarios. One of the options is a sale of Volkswagen Group Rus's assets to a third party. Nevertheless, no decision has been made," the person said. Kommersant business daily reported earlier that Sistema was interested in acquiring a Volkswagen car plant in Kaluga, the deal may involve Kazakhstan's car producer Allur.
