Vestas Wind Systems (DB:VWSB) - Stock Price, News & Analysis

VWSB Stock Overview

Engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally.

About the company

VWSB fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 41.5% below our estimate of its fair value

Earnings are forecast to grow 42.99% per year

Risk Analysis

No risks detected for VWSB from our risk checks.

Vestas Wind Systems A/S Competitors

Siemens Energy

XTRA:ENR

€25.3b

Nordex

XTRA:NDX1

€3.6b

PNE

XTRA:PNE3

€887.1m

Energiekontor

XTRA:EKT

€762.9m

Price History & Performance

Summary of all time highs, changes and price drops for Vestas Wind Systems
Historical stock prices
Current Share Price	DKK 21.50
52 Week High	DKK 29.12
52 Week Low	DKK 17.99
Beta	1.23
11 Month Change	3.81%
3 Month Change	-10.79%
1 Year Change	2.63%
33 Year Change	-38.34%
5 Year Change	47.58%
Change since IPO	162.23%

Recent updates

Shareholder Returns

	VWSB	DE Electrical	DE Market
7D	0.09%	7.2%	-0.007%
1Y	2.6%	66.5%	6.8%

Return vs Industry: VWSB underperformed the German Electrical industry which returned 66.5% over the past year.

Return vs Market: VWSB underperformed the German Market which returned 6.8% over the past year.

Price Volatility

Is VWSB's price volatile compared to industry and market?
VWSB volatility
VWSB Average Weekly Movement	5.4%
Electrical Industry Average Movement	5.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: VWSB has not had significant price volatility in the past 3 months.

Volatility Over Time: VWSB's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1898	32,298	Henrik Andersen	www.vestas.com

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

Vestas Wind Systems A/S Fundamentals Summary

How do Vestas Wind Systems's earnings and revenue compare to its market cap?
VWSB fundamental statistics
Market cap	€21.50b
Earnings (TTM)	-€49.00m
Revenue (TTM)	€15.10b

1.4x

P/S Ratio

-438.8x

P/E Ratio

Is VWSB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VWSB income statement (TTM)
Revenue	€15.10b
Cost of Revenue	€13.83b
Gross Profit	€1.27b
Other Expenses	€1.32b
Earnings	-€49.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 05, 2024

Earnings per share (EPS)	-0.049
Gross Margin	8.44%
Net Profit Margin	-0.32%
Debt/Equity Ratio	116.5%

How did VWSB perform over the long term?

See historical performance and comparison

VWSB Stock Overview

Rewards

Risk Analysis

Vestas Wind Systems A/S Competitors

XTRA:ENR

€25.3b

XTRA:NDX1

€3.6b

XTRA:PNE3

€887.1m

XTRA:EKT

€762.9m

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released: €0.16 loss per share (vs €0.12 loss in 2Q 2023)

William Fehrman Steps Down from the Board of Directors of Vestas Wind Systems A/S

Vestas Wind Systems A/S Narrows Earnings Guidance for the Year 2024

First quarter 2024 earnings released: €0.07 loss per share (vs €0.01 profit in 1Q 2023)

Vestas Wind Systems A/S Announces Board of Directors Changes

Vestas Wind Systems A/S Announces Board Changes

Recent updates

Second quarter 2024 earnings released: €0.16 loss per share (vs €0.12 loss in 2Q 2023)

William Fehrman Steps Down from the Board of Directors of Vestas Wind Systems A/S

Vestas Wind Systems A/S Narrows Earnings Guidance for the Year 2024

First quarter 2024 earnings released: €0.07 loss per share (vs €0.01 profit in 1Q 2023)

Vestas Wind Systems A/S Announces Board of Directors Changes

Vestas Wind Systems A/S Announces Board Changes

Climate Finance Partnership Fund SCSp, a fund managed by Blackrock acquired 12.5% stake in Lake Turkana Wind Power Limited from Vestas Wind Systems A/S (CPSE:VWS).

Full year 2023 earnings released: EPS: €0.08 (vs €1.56 loss in FY 2022)

Vestas Wind Systems A/S Provides Earnings Guidance for the Year 2024

Vestas Introduces Low-Emission Steel Offering for Wind Turbines

Third quarter 2023 earnings released: EPS: €0.03 (vs €0.15 loss in 3Q 2022)

Vestas Wind Systems A/S Revises Revenue Guidance for the Full Year 2023

Vestas Wind Systems A/S to Report Fiscal Year 2023 Results on Feb 07, 2024

New minor risk - Share price stability

Vestas Appoints Anne Pearce as New Chief People & Culture Officer

Kerstin Knapp to Step Down as Vestas' Chief People & Culture Officer

Vestas Wind Systems A/S Provides Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: €0.12 loss per share (vs €0.12 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: €0.01 (vs €0.76 loss in 1Q 2022)

Vestas Wind Systems A/S Maintains Earnings Guidance for the Year 2023

Full year 2022 earnings released: €1.56 loss per share (vs €0.17 profit in FY 2021)

Vestas Wind Systems A/S Omits to Pay Dividend for the Year 2023

Vestas Wind Systems A/S Provides Revenue Guidance for the Full Year 2023

Less than half of directors are independent

Third quarter 2022 earnings released: €0.15 loss per share (vs €0.11 profit in 3Q 2021)

Vestas Wind Systems A/S to Report Q3, 2023 Results on Nov 08, 2023

Vestas Wind Systems A/S Revises Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: €0.12 loss per share (vs €0.09 profit in 2Q 2021)

Vestas Wind Systems A/S Provides Revenue Guidance for the Full Year 2022

Vestas Wind Systems A/S Pioneers First Hydrogen-Powered Offshore Service Vessel

The AES Corporation (NYSE:AES) acquired 183-MW Delta wind project in Mississippi from Vestas Wind Systems A/S (CPSE:VWS).

Vestas Announces Executive Management Changes

Vestas Wind Systems A/S Introduces the V163-4.5 Mw, Increasing Business Case Certainty by Improving Wind Park Performance and Stability in Wind Power

BP Reportedly Seeks to Buy into 26-GW Asian Renewable Energy Hub

First quarter 2022 earnings released: €0.76 loss per share (vs €0.06 loss in 1Q 2021)

Less than half of directors are independent

Vestas Completes its First Locally Produced V174-9.5 MW Blade in Taiwan

Vestas Wind Systems A/S Announces Management Changes

Upcoming dividend of kr.0.37 per share

Vestas Appoints Danny Nielse as Country Head of Its Market-Leading Business in Australia and New Zealand

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Vestas Wind Systems A/S Proposes Dividend

Vestas Wind Systems A/S Provides Earnings Guidance for the Year 2022

High number of new directors

Vestas Introduces the V162-6.8 MW, Expanding the Enventus Platform's Power Output and Market Applicability

Vestas Wind Systems A/S Intends to Cease Production At Three European Factories to Meet the Manufacturing Requirements of Changing Product Portfolio

Second quarter 2021 earnings released

Vestas Revises Earnings Guidance Full Year 2021

Executive VP & Chief Sales Officer Juan Aralucey De Azagra has left the company

CS Wind Corporation (KOSE:A112610) has signed an agreement to acquire Tower manufacturing facility of Vestas in Pueblo.

First quarter 2021 earnings released: €0.06 loss per share (vs €0.076 loss in 1Q 2020)

Vestas Provides Earnings Guidance for the Year 2021

Vestas Adds 67 Mw Enventus Order Along with A Long-Term Service Agreement in Sweden

Vestas Secures 126 MW EnVentus Order in Ukraine

Vestas Appoints Purvin Patel as New Regional President of Asia Pacific

Vestas Launches the V236-15.0 MW to Set New Industry Benchmark and Take Next Step Towards Leadership in Offshore Wind

Vestas Wins 29 MW Order in Italy

Vestas Wins 30 MW Order in Poland

Vestas Wind Systems A/S Intends to Lay Off 220 Employees