Volkswagen Valuation
Is VOW undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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 VOW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VOW (PLN519) is trading below our estimate of fair value (PLN1502.72)
Significantly Below Fair Value: VOW is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VOW?
Other financial metrics that can be useful for relative valuation.
| What is VOW's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | €65.05b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 8.7x |
| PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does VOW's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 19.6x | ||
MBG Mercedes-Benz Group | 5.1x | -1.4% | €67.7b |
RACE Ferrari | 52.8x | 8.1% | US$75.3b |
BMW Bayerische Motoren Werke | 5.5x | 0.7% | €58.7b |
P911 Dr. Ing. h.c. F. Porsche | 14.9x | 9.2% | €69.9b |
VOW Volkswagen | 3.9x | 5.6% | zł65.0b |
Price-To-Earnings vs Peers: VOW is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (19.6x).
Price to Earnings Ratio vs Industry
How does VOW's PE Ratio compare vs other companies in the Global Auto Industry?
Price-To-Earnings vs Industry: VOW is good value based on its Price-To-Earnings Ratio (3.9x) compared to the Global Auto industry average (14x).
Price to Earnings Ratio vs Fair Ratio
What is VOW'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 3.9x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VOW'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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | zł519.00 | zł606.16 +16.8% | 16.5% | zł786.57 | zł425.17 | n/a | 22 |
| May ’25 | zł505.00 | zł620.47 +22.9% | 15.6% | zł800.29 | zł432.59 | n/a | 22 |
| Apr ’25 | zł531.00 | zł617.13 +16.2% | 15.8% | zł794.73 | zł429.58 | n/a | 22 |
| Mar ’25 | zł534.00 | zł611.93 +14.6% | 15.4% | zł798.34 | zł431.53 | n/a | 23 |
| Feb ’25 | zł521.10 | zł611.81 +17.4% | 15.7% | zł809.38 | zł437.50 | n/a | 22 |
| Jan ’25 | zł481.40 | zł607.69 +26.2% | 15.7% | zł816.53 | zł429.75 | n/a | 21 |
| Dec ’24 | zł455.00 | zł605.63 +33.1% | 17.0% | zł825.44 | zł434.44 | n/a | 21 |
| Nov ’24 | zł450.00 | zł635.80 +41.3% | 16.8% | zł846.89 | zł445.73 | n/a | 21 |
| Oct ’24 | zł502.70 | zł729.22 +45.1% | 30.6% | zł1,583.80 | zł460.41 | n/a | 22 |
| Sep ’24 | zł488.10 | zł710.66 +45.6% | 30.1% | zł1,536.42 | zł446.63 | n/a | 22 |
| Aug ’24 | zł536.00 | zł713.04 +33.0% | 28.3% | zł1,514.75 | zł506.38 | n/a | 22 |
| Jul ’24 | zł545.80 | zł735.74 +34.8% | 26.8% | zł1,494.32 | zł511.45 | n/a | 22 |
| Jun ’24 | zł540.00 | zł762.76 +41.3% | 27.5% | zł1,526.55 | zł522.48 | n/a | 22 |
| May ’24 | zł560.00 | zł787.19 +40.6% | 28.2% | zł1,540.01 | zł527.09 | zł505.00 | 22 |
| Apr ’24 | zł584.00 | zł803.44 +37.6% | 29.2% | zł1,574.61 | zł523.46 | zł531.00 | 23 |
| Mar ’24 | zł616.40 | zł826.17 +34.0% | 26.9% | zł1,403.55 | zł531.45 | zł534.00 | 22 |
| Feb ’24 | zł600.00 | zł817.09 +36.2% | 26.8% | zł1,387.40 | zł525.33 | zł521.10 | 22 |
| Jan ’24 | zł552.10 | zł847.76 +53.6% | 27.6% | zł1,374.70 | zł520.52 | zł481.40 | 22 |
| Dec ’23 | zł664.50 | zł875.39 +31.7% | 27.0% | zł1,380.36 | zł522.67 | zł455.00 | 21 |
| Nov ’23 | n/a | zł911.25 0% | 27.2% | zł1,391.87 | zł527.02 | zł450.00 | 20 |
| Oct ’23 | n/a | zł989.25 0% | 26.0% | zł1,534.98 | zł542.59 | zł502.70 | 21 |
| Sep ’23 | n/a | zł953.35 0% | 25.8% | zł1,488.27 | zł526.07 | zł488.10 | 23 |
| Aug ’23 | n/a | zł958.90 0% | 25.4% | zł1,491.16 | zł527.10 | zł536.00 | 23 |
| Jul ’23 | n/a | zł1,001.52 0% | 24.0% | zł1,455.98 | zł584.74 | zł545.80 | 23 |
| Jun ’23 | n/a | zł984.31 0% | 23.9% | zł1,421.25 | zł512.11 | zł540.00 | 24 |
| May ’23 | n/a | zł1,044.08 0% | 23.9% | zł1,461.90 | zł555.48 | zł560.00 | 22 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.