Bayerische Motoren Werke Aktiengesellschaft

WSE:BMW Stock Report

Market Cap: zł206.0b

Bayerische Motoren Werke Valuation

Is BMW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BMW (PLN326.4) is trading below our estimate of fair value (PLN413.95)

Significantly Below Fair Value: BMW is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BMW?

Key metric: As BMW is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BMW. This is calculated by dividing BMW's market cap by their current earnings.
What is BMW's PE Ratio?
PE Ratio6x
Earnings€8.18b
Market Cap€48.34b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BMW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.7x
VOW3 Volkswagen
3.6x9.2%€45.1b
GM General Motors
5.2x-10.6%US$57.0b
P911 Dr. Ing. h.c. F. Porsche
13.4x11.3%€53.4b
MBG Mercedes-Benz Group
4.7x1.0%€50.8b
BMW Bayerische Motoren Werke
6x3.3%zł48.3b

Price-To-Earnings vs Peers: BMW is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (8.3x).

Price to Earnings Ratio vs Industry

How does BMW's PE Ratio compare vs other companies in the Global Auto Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
BMW 6.0xIndustry Avg. 15.2xNo. of Companies15PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BMW is good value based on its Price-To-Earnings Ratio (6x) compared to the Global Auto industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is BMW'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.

BMW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6x
Fair PE Ration/a

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

Analyst Price Targets

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

The above table shows the analyst BMW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentzł326.40
zł374.89
+14.9%
15.6%zł511.07zł273.03n/a22
Dec ’25zł295.80
zł377.10
+27.5%
15.8%zł515.55zł258.20n/a22
Nov ’25zł319.00
zł406.54
+27.4%
19.7%zł669.16zł304.16n/a21
Oct ’25zł330.80
zł403.25
+21.9%
18.8%zł658.16zł316.26n/a22
Sep ’25zł362.40
zł459.41
+26.8%
16.3%zł710.82zł342.57n/a22
Aug ’25n/a
zł476.20
0%
15.3%zł714.12zł361.36n/a22
Jul ’25zł387.70
zł487.51
+25.7%
14.4%zł715.50zł362.06n/a22
Jun ’25zł399.50
zł482.21
+20.7%
14.0%zł706.03zł382.79n/a22
May ’25zł464.30
zł487.38
+5.0%
14.0%zł712.15zł388.45n/a22
Apr ’25zł465.35
zł481.03
+3.4%
14.4%zł708.81zł365.14n/a22
Mar ’25zł425.00
zł478.45
+12.6%
14.5%zł707.57zł368.98n/a23
Feb ’25zł425.00
zł475.87
+12.0%
14.4%zł705.15zł367.72n/a23
Jan ’25zł442.70
zł473.79
+7.0%
14.7%zł705.57zł367.93n/a22
Dec ’24zł410.05
zł473.34
+15.4%
15.2%zł704.14zł367.19zł295.8021
Nov ’24zł414.40
zł498.69
+20.3%
13.1%zł713.17zł401.16zł319.0021
Oct ’24zł451.25
zł520.06
+15.2%
13.1%zł739.95zł416.22zł330.8021
Sep ’24n/a
zł503.82
0%
12.5%zł709.34zł399.00zł362.4021
Aug ’24n/a
zł509.24
0%
12.7%zł699.03zł418.53n/a20
Jul ’24n/a
zł499.54
0%
13.5%zł695.75zł389.97zł387.7020
Jun ’24zł471.00
zł499.70
+6.1%
14.8%zł709.59zł384.17zł399.5021
May ’24zł460.00
zł494.84
+7.6%
15.2%zł720.05zł389.84zł464.3021
Apr ’24zł470.90
zł496.26
+5.4%
15.9%zł731.07zł365.54zł465.3521
Mar ’24zł463.55
zł493.45
+6.5%
15.6%zł727.60zł373.37zł425.0021
Feb ’24n/a
zł480.34
0%
16.2%zł714.87zł366.84zł425.0021
Jan ’24zł396.20
zł462.80
+16.8%
19.0%zł712.00zł327.89zł442.7021
Dec ’23zł398.65
zł465.90
+16.9%
19.9%zł714.02zł328.82zł410.0521

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Bayerische Motoren Werke Aktiengesellschaft is covered by 65 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hans-Peter WodniokAlphaValue
Gerhard SchwarzBaader Helvea Equity Research
null nullBanco de Sabadell. S.A.