Bayerische Motoren Werke
Market Cap
€29.7b
Last Updated
2020/03/30 21:39 UTC
Data Sources
Company Financials +
Executive Summary
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has Bayerische Motoren Werke's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMW's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
14.9%
BMW
12.6%
DE Auto
9.9%
DE Market
1 Year Return
-34.4%
BMW
-27.7%
DE Auto
-17.5%
DE Market
Return vs Industry: BMW underperformed the German Auto industry which returned -25.7% over the past year.
Return vs Market: BMW underperformed the German Market which returned -17.7% over the past year.
Shareholder returns
| BMW | Industry | Market | |
|---|---|---|---|
| 7 Day | 14.9% | 12.6% | 9.9% |
| 30 Day | -22.4% | -20.2% | -16.6% |
| 90 Day | -37.5% | -32.8% | -24.8% |
| 1 Year | -30.9%-34.4% | -24.7%-27.7% | -15.0%-17.5% |
| 3 Year | -38.3%-46.1% | -24.6%-31.3% | -17.4%-24.5% |
| 5 Year | -51.1%-60.2% | -45.9%-53.2% | -16.6%-28.1% |
Price Volatility Vs. Market
How volatile is Bayerische Motoren Werke's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
A Sliding Share Price Has Us Looking At Bayerische Motoren Werke Aktiengesellschaft's (ETR:BMW) P/E Ratio1 month ago | Simply Wall St
When Should You Buy Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW)?Valuation
Is Bayerische Motoren Werke undervalued compared to its fair value and its price relative to the market?
6.18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BMW (€45.73) is trading above our estimate of fair value (€27.25)
Significantly Below Fair Value: BMW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BMW is good value based on its PE Ratio (6.2x) compared to the Auto industry average (8.6x).
PE vs Market: BMW is good value based on its PE Ratio (6.2x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: BMW is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: BMW is overvalued based on its PB Ratio (0.5x) compared to the DE Auto industry average (0.5x).
Next Steps
Future Growth
How is Bayerische Motoren Werke forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
4.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BMW's forecast earnings growth (4.4% per year) is above the savings rate (-0.4%).
Earnings vs Market: BMW's earnings (4.4% per year) are forecast to grow slower than the German market (14.3% per year).
High Growth Earnings: BMW's earnings are forecast to grow, but not significantly.
Revenue vs Market: BMW's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: BMW's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BMW's Return on Equity is forecast to be low in 3 years time (8.9%).
Next Steps
Past Performance
How has Bayerische Motoren Werke performed over the past 5 years?
-0.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMW has high quality earnings.
Growing Profit Margin: BMW's current net profit margins (4.7%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: BMW's earnings have declined by -0.3% per year over the past 5 years.
Accelerating Growth: BMW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BMW had negative earnings growth (-30.6%) over the past year, making it difficult to compare to the Auto industry average (-8.9%).
Return on Equity
High ROE: BMW's Return on Equity (8.3%) is considered low.
Next Steps
Financial Health
How is Bayerische Motoren Werke's financial position?
Financial Position Analysis
Short Term Liabilities: BMW's short term assets (€90.6B) exceed its short term liabilities (€82.6B).
Long Term Liabilities: BMW's short term assets (€90.6B) exceed its long term liabilities (€85.5B).
Debt to Equity History and Analysis
Debt Level: BMW's debt to equity ratio (186.5%) is considered high.
Reducing Debt: BMW's debt to equity ratio has reduced from 207.3% to 186.5% over the past 5 years.
Debt Coverage: BMW's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: BMW's interest payments on its debt are well covered by EBIT (31.6x coverage).
Balance Sheet
Inventory Level: BMW has a low level of unsold assets or inventory.
Debt Coverage by Assets: BMW's debt is not covered by short term assets (assets are 0.8x debt).
Next Steps
Dividend
What is Bayerische Motoren Werke's current dividend yield, its reliability and sustainability?
5.47%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BMW's dividend (5.47%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: BMW's dividend (5.47%) is in the top 25% of dividend payers in the German market (4.97%)
Stability and Growth of Payments
Stable Dividend: BMW's dividend payments have been volatile in the past 10 years.
Growing Dividend: BMW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.8%), BMW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMW's dividends in 3 years are forecast to be well covered by earnings (35.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Oliver Zipse (55yo)
0.58
Tenure
€3,153,811
Compensation
Mr. Oliver Zipse serves as Chairman of the Management Board at Bayerische Motoren Werke AG since August 16, 2019 and has been its Member of Management Board since May 13, 2015. He serves as Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Oliver's total compensation ($USD3.48M) is about average for companies of similar size in the German market ($USD4.93M).
Compensation vs Earnings: Oliver's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Management & CEO | 0.58yr | €3.15m | no data | |
| CFO & Member of Management Board | 3.17yrs | €2.87m | no data | |
| Head of Development & Member of the Board of Management | 5.25yrs | €3.34m | no data | |
| Head of Purchasing & Supplier Network and Member of Management Board | 1.42yrs | €1.37m | no data | |
| Member of Management Board | 2.17yrs | €2.92m | no data | |
| Member of Board of Management | 0.42yr | no data | no data | |
| Human Resources & Labour Relations Director & Member of Management Board | 1.17yrs | no data | no data | |
| Vice President of Product | 3.5yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: BMW's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Head of Group Financial Services & Employee Representative Member of Supervisory Board | 0.83yr | no data | no data | |
| Deputy Chairman of Supervisory Board | 21.17yrs | €430.00k | 15.35% €4.6b | |
| Deputy Chairman of Supervisory Board | 9.83yrs | €430.00k | no data | |
| Member of Supervisory Board | 23.17yrs | €218.00k | 19.1% €5.7b | |
| Chairman of Supervisory Board | 4.83yrs | €640.00k | no data | |
| Employee Representative Member of Supervisory Board | 21.17yrs | €220.00k | no data | |
| Deputy Chairman of Supervisory Board | no data | €430.00k | no data | |
| Employee Representative Member of Supervisory Board | 19.17yrs | €220.00k | no data | |
| Deputy Chairman of Supervisory Board | 12.17yrs | €428.00k | no data | |
| Chairman of the Board of Management of BMW M GmbH & Head of Development of BMW 8 series models | 1.42yrs | no data | no data |
12.2yrs
Average Tenure
60yo
Average Age
Experienced Board: BMW's board of directors are seasoned and experienced ( 12.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Bayerische Motoren Werke Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bayerische Motoren Werke Aktiengesellschaft
- Ticker: BMW
- Exchange: XTRA
- Founded: 1916
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Market Cap: €29.658b
- Shares outstanding: 658.86m
- Website: https://www.bmwgroup.com/de.html
Number of Employees
Location
- Bayerische Motoren Werke Aktiengesellschaft
- Petuelring 130
- Munich
- Bavaria
- 80788
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BAMX.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| BYMO.F | OTCPK (Pink Sheets LLC) | Preferred Stock | US | USD | Jan 1992 | |
| BMW | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| BMW3 | DB (Deutsche Boerse AG) | Preferred Stock | DE | EUR | Jan 1992 | |
| BMW | BUSE (Budapest Stock Exchange) | Yes | Ordinary Shares | HU | HUF | Jan 1992 |
| 0O0U | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| BMW | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| BMW3 | XTRA (XETRA Trading Platform) | Preferred Stock | DE | EUR | Jan 1992 | |
| BMW | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jan 1992 |
| 0O0V | LSE (London Stock Exchange) | Preferred Stock | GB | EUR | Jan 1992 | |
| BMWD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| BMWM5 N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jan 1992 |
| BMW3D | BATS-CHIXE (BATS 'Chi-X Europe') | Preferred Stock | GB | EUR | Jan 1992 | |
| BMW3 | SWX (SIX Swiss Exchange) | Preferred Stock | CH | CHF | Jan 1992 | |
| BMW | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Jan 1992 |
| BMW | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| BMW3 | ETLX (Eurotlx) | Preferred Stock | IT | EUR | Jan 1992 | |
| BMWY.Y | OTCPK (Pink Sheets LLC) | ADR EACH REPR 0.33333 SHS SPONSORED | US | USD | Oct 2008 | |
| BMWB | DB (Deutsche Boerse AG) | ADR EACH REPR 0.33333 SHS SPONSORED | DE | EUR | Oct 2008 |
Biography
Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells automobiles and off-road vehicles under the BMW, MINI, and Rolls-Royce brands; and spare parts and accessories, as well as offers mobility services. This segment sells its products through independent and authorized dealerships. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles under the BMW Motorrad brand; and spare parts and accessories. The Financial Services segment is involved in automobile leasing, fleet and multi-brand business, retail and dealership financing, customer deposit business, and insurance activities. The company has a strategic collaboration with Jaguar Land Rover Automotive plc to develop electric drive systems. Bayerische Motoren Werke Aktiengesellschaft was founded in 1916 and is based in Munich, Germany.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 21:39 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.