How does VOLVBS's PE Ratio compare to its peers?

VOLVBS is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (14.9x).

How does VOLVBS's PE Ratio compare vs other companies in the European Machinery Industry?

VOLVBS is good value based on its Price-To-Earnings Ratio (11.3x) compared to the European Machinery industry average (14x).

What is VOLVBS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate VOLVBS's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of VOLVBS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

VOLVBS (SEK251.65) is trading above our estimate of [[fair value]] (SEK211.45)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

VOLVBS Stock Overview

Manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. More details

VOLVBS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (11.3x) is below the UK market (15x)

Earnings grew by 30.2% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 1.4% per year for the next 3 years

Debt is not well covered by operating cash flow

Shares are highly illiquid

Dividend of 5.65% is not well covered by cash flows

My Notes

Capture your thoughts, links and company narrative

AB Volvo (publ) Competitors

Rolls-Royce Holdings

LSE:RR.

UK£48.6b

BAE Systems

LSE:BA.

UK£34.6b

Ashtead Group

LSE:AHT

UK£21.6b

Weir Group

LSE:WEIR

UK£5.7b

Price History & Performance

Summary of share price highs, lows and changes for AB Volvo
Historical stock prices
Current Share Price	SEK 251.65
52 Week High	SEK 251.93
52 Week Low	SEK 238.95
Beta	1.08
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.31%

Recent updates

Shareholder Returns

	VOLVBS	GB Machinery	GB Market
7D	0%	-1.5%	-0.6%
1Y	n/a	-6.4%	2.7%

Return vs Industry: Insufficient data to determine how VOLVBS performed against the UK Machinery industry.

Return vs Market: Insufficient data to determine how VOLVBS performed against the UK Market.

Price Volatility

Is VOLVBS's price volatile compared to industry and market?
VOLVBS volatility
VOLVBS Average Weekly Movement	n/a
Machinery Industry Average Movement	4.1%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: Insufficient data to determine VOLVBS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1915	89,272	Martin Lundstedt	www.volvogroup.com

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands. It also provides road construction machine, haulers, wheel loaders and excavators.

AB Volvo (publ) Fundamentals Summary

How do AB Volvo's earnings and revenue compare to its market cap?
VOLVBS fundamental statistics
Market cap	SEK 505.61b
Earnings (TTM)	SEK 44.39b
Revenue (TTM)	SEK 538.95b

11.3x

P/E Ratio

0.9x

P/S Ratio

Is VOLVBS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VOLVBS income statement (TTM)
Revenue	SEK 538.95b
Cost of Revenue	SEK 386.62b
Gross Profit	SEK 135.82b
Other Expenses	SEK 91.43b
Earnings	SEK 44.39b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Jan 26, 2024

Earnings per share (EPS)	21.83
Gross Margin	25.20%
Net Profit Margin	8.24%
Debt/Equity Ratio	130.4%

How did VOLVBS perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

32%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/07 02:26
End of Day Share Price	2023/12/07 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AB Volvo (publ) is covered by 51 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Olof Cederholm	ABG Sundal Collier
Hans-Peter Wodniok	AlphaValue
David Leiker	Baird