BIT:BMW

Stock Analysis Report

Bayerische Motoren Werke

Executive Summary

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide.

Snowflake

Fundamentals

6 star 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


Market Performance


7 Day Return

1.4%

BIT:BMW

-0.1%

IT Auto

0.2%

IT Market


1 Year Return

-22.7%

BIT:BMW

-17.9%

IT Auto

-0.3%

IT Market

BMW underperformed the Auto industry which returned -16.4% over the past year.

BMW underperformed the Market in Italy which returned -0.6% over the past year.


Share holder returns

BMWIndustryMarket
7 Day1.4%-0.1%0.2%
30 Day7.3%9.6%4.4%
90 Day0.2%0.7%1.1%
1 Year-18.6%-22.7%-5.5%-17.9%4.0%-0.3%
3 Year-0.5%-13.0%145.0%111.7%31.1%13.2%
5 Year-8.2%-25.3%14.1%-3.3%12.8%-31.4%

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

No news available

Valuation

Is Bayerische Motoren Werke undervalued based on future cash flows and its price relative to the stock market?

8.85x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Bayerische Motoren Werke's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Bayerische Motoren Werke's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Bayerische Motoren Werke is good value based on earnings compared to the Europe Auto industry average.

Bayerische Motoren Werke is good value based on earnings compared to the Italy market.


Price Based on Expected Growth

Bayerische Motoren Werke is poor value based on expected growth next year.


Price Based on Value of Assets

Bayerische Motoren Werke is good value based on assets compared to the IT Auto industry average.


Next Steps

Future Growth

How is Bayerische Motoren Werke expected to perform in the next 1 to 3 years based on estimates from 27 analysts?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Bayerische Motoren Werke's revenue is expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).

Bayerische Motoren Werke's earnings are expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

Bayerische Motoren Werke's revenue growth is positive but not above the Italy market average.

Bayerische Motoren Werke's earnings growth is positive but not above the Italy market average.

Bayerische Motoren Werke's earnings growth is expected to exceed the low risk savings rate of 2.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Bayerische Motoren Werke is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Bayerische Motoren Werke performed over the past 5 years?

4.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bayerische Motoren Werke's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Bayerische Motoren Werke's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Bayerische Motoren Werke's 1-year earnings growth is negative, it can't be compared to the Europe Auto industry average.


Return on Equity

Bayerische Motoren Werke has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Bayerische Motoren Werke used its assets less efficiently than the Europe Auto industry average last year based on Return on Assets.


Return on Capital Employed

Bayerische Motoren Werke's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Bayerische Motoren Werke's financial position?


Financial Position Analysis

Bayerische Motoren Werke is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Bayerische Motoren Werke's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Bayerische Motoren Werke's level of debt (194.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (201.7% vs 194.9% today).

Debt is not well covered by operating cash flow (3.3%, less than 20% of total debt).

Bayerische Motoren Werke earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

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?

5.02%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Bayerische Motoren Werke's pays a higher dividend yield than the bottom 25% of dividend payers in Italy (2%).

Bayerische Motoren Werke's dividend is above the markets top 25% of dividend payers in Italy (4.39%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).


Next Steps

Management

What is the CEO of Bayerische Motoren Werke's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Oliver Zipse (55yo)

0.08yrs

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 served as the Head of Pro ...


CEO Compensation Analysis

Oliver's remuneration is higher than average for companies of similar size in Italy.

Oliver's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.8yrs

Average Tenure

57yo

Average Age

The tenure for the Bayerische Motoren Werke management team is about average.


Board Age and Tenure

11.7yrs

Average Tenure

60yo

Average Age

The average tenure for the Bayerische Motoren Werke board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Peter Schwarzenbauer (60yo)

    Member of Board of Management

    • Tenure: 6.4yrs
    • Compensation: €3.34m
  • Pieter A. Nota (55yo)

    Member of Management Board

    • Tenure: 1.7yrs
    • Compensation: €2.92m
  • Andreas Wendt (61yo)

    Head of Purchasing & Supplier Network and Member of Management Board

    • Tenure: 0.9yrs
    • Compensation: €1.37m
  • Milagros Carreiro-Andree (57yo)

    Human Resources & Industrial Relations Director and Member of Board of Management

    • Tenure: 7.2yrs
    • Compensation: €3.36m
  • Oliver Zipse (55yo)

    Chairman of Management Board

    • Tenure: 0.08yrs
    • Compensation: €3.15m
  • Klaus Fröhlich (59yo)

    Head of Development & Member of the Board of Management

    • Tenure: 4.8yrs
    • Compensation: €3.34m
  • Jurgen Reul

    General Counsel

    • Tenure: 0yrs
  • Nicolas Peter (57yo)

    CFO & Member of Management Board

    • Tenure: 2.7yrs
    • Compensation: €2.87m
  • Alexander Bilgeri

    Vice President of Product

    • Tenure: 3yrs
  • Torsten Schuessler

    Head of Investor Relations

    • Tenure: 0yrs

Board Members

  • Stefan Quandt (53yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 20.7yrs
    • Compensation: €430.00k
  • Karl-Ludwig Kley (68yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 9.3yrs
    • Compensation: €430.00k
  • Susanne Klatten (57yo)

    Member of Supervisory Board

    • Tenure: 22.7yrs
    • Compensation: €218.00k
  • Norbert Reithofer (63yo)

    Chairman of Supervisory Board

    • Tenure: 4.3yrs
    • Compensation: €640.00k
  • Willibald Löw (63yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 20.7yrs
    • Compensation: €220.00k
  • Manfred Schoch (64yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €430.00k
  • Werner Zierer (60yo)

    Employee Representative Member of Supervisory Board

    • Tenure: 18.7yrs
    • Compensation: €220.00k
  • Stefan Schmid (54yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 11.7yrs
    • Compensation: €428.00k
  • Thomas Wittig (59yo)

    Head of Group Financial Services & Employee Representative Member of Supervisory Board

    • Tenure: 0.7yrs
  • Markus Flasch

    Chairman of the Board of Management of BMW M GmbH & Head of Development of BMW 8 series models

    • Tenure: 0.9yrs

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: BIT
  • Founded: 1916
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: €41.777b
  • Shares outstanding: 658.12m
  • Website: https://www.bmwgroup.com/de.html

Number of Employees


Location

  • Bayerische Motoren Werke Aktiengesellschaft
  • Petuelring 130
  • Munich
  • Bavaria
  • 80788
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0O0VLSE (London Stock Exchange)Preferred StockGBEURJan 1992
BAMX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
BMWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
BMW3DB (Deutsche Boerse AG)Preferred StockDEEURJan 1992
BMWBUSE (Budapest Stock Exchange)YesOrdinary SharesHUHUFJan 1992
0O0ULSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
BMWXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1992
BMW3XTRA (XETRA Trading Platform)Preferred StockDEEURJan 1992
BMWBIT (Borsa Italiana)YesOrdinary SharesITEURJan 1992
BYMO.FOTCPK (Pink Sheets LLC)Preferred StockUSUSDJan 1992
BMWSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1992
BMW3SWX (SIX Swiss Exchange)Preferred StockCHCHFJan 1992
BMWDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
BMWM5 NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNJan 1992
BMW3DBATS-CHIXE (BATS 'Chi-X Europe')Preferred StockGBEURJan 1992
BMWWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992
BMWBDB (Deutsche Boerse AG)ADR EACH REPR 0.33333 SHS SPONSOREDDEEUROct 2008
BMWY.YOTCPK (Pink Sheets LLC)ADR EACH REPR 0.33333 SHS SPONSOREDUSUSDOct 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 t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 20:58
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.