Vestas Wind Systems A/S

OTCPK:VWSY.F Stock Report

Market Cap: US$13.4b

Vestas Wind Systems Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
US$24.33
Fair Value
45.8% undervalued intrinsic discount
25
Number of Analysts

Below Fair Value: VWSY.F ($12.97) is trading below our estimate of fair value ($24.57)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VWSY.F?

Key metric: As VWSY.F is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for VWSY.F. This is calculated by dividing VWSY.F's market cap by their current revenue.
What is VWSY.F's PS Ratio?
PS Ratio0.8x
Sales€15.93b
Market Cap€12.86b

Price to Sales Ratio vs Peers

How does VWSY.F's PS Ratio compare to its peers?

The above table shows the PS ratio for VWSY.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.2x
BE Bloom Energy
4.6x16.8%US$5.9b
GEV GE Vernova
3.4x6.9%US$114.7b
PSIX Power Solutions International
2.1x11.1%US$829.8m
AYI Acuity Brands
2.7x8.7%US$10.3b
VWSY.F Vestas Wind Systems
0.8x9.2%US$96.1b

Price-To-Sales vs Peers: VWSY.F is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (3.2x).

Price to Sales Ratio vs Industry

How does VWSY.F's PS Ratio compare vs other companies in the US Electrical Industry?

26 CompaniesPrice / SalesEstimated GrowthMarket Cap
BW Babcock & Wilcox Enterprises
0.2x-0.03%US$147.13m
ZEO Zeo Energy
0.2xn/aUS$132.95m
STEM Stem
0.4x28.5%US$114.06m
CBAT CBAK Energy Technology
0.4x21.1%US$82.51m
VWSY.F 0.8xIndustry Avg. 2.0xNo. of Companies26PS02.44.87.29.612+
26 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: VWSY.F is good value based on its Price-To-Sales Ratio (0.8x) compared to the US Electrical industry average (2x).

Price to Sales Ratio vs Fair Ratio

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

VWSY.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ratio1.2x

Price-To-Sales vs Fair Ratio: VWSY.F is good value based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).

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 VWSY.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$13.19
US$22.54
+70.9%
27.7%US$39.10US$11.17n/a25
Jan ’26US$13.51
US$22.76
+68.5%
27.6%US$38.88US$11.11n/a25
Dec ’25US$15.52
US$24.02
+54.8%
27.6%US$39.72US$11.35n/a24
Nov ’25US$19.30
US$28.59
+48.2%
22.7%US$40.58US$14.35n/a24
Oct ’25US$21.07
US$30.56
+45.1%
22.9%US$43.99US$14.69n/a24
Sep ’25US$22.97
US$31.28
+36.2%
22.6%US$44.54US$14.70n/a25
Aug ’25US$24.17
US$31.51
+30.4%
22.0%US$43.39US$14.32n/a25
Jul ’25US$23.41
US$31.76
+35.7%
21.7%US$43.17US$14.25n/a25
Jun ’25US$27.91
US$32.40
+16.1%
21.6%US$45.86US$14.41n/a25
May ’25US$27.05
US$31.93
+18.0%
21.3%US$45.15US$14.48n/a25
Apr ’25US$27.52
US$32.11
+16.7%
21.3%US$45.38US$14.55n/a25
Mar ’25US$28.76
US$31.79
+10.6%
22.9%US$45.85US$14.70n/a24
Feb ’25US$28.17
US$30.84
+9.5%
24.8%US$43.72US$14.72n/a23
Jan ’25US$31.73
US$30.42
-4.1%
24.7%US$44.46US$14.66US$13.5123
Dec ’24US$27.46
US$30.09
+9.6%
24.8%US$44.13US$14.56US$15.5223
Nov ’24US$21.19
US$28.60
+35.0%
25.1%US$42.50US$14.02US$19.3023
Oct ’24US$21.21
US$29.09
+37.1%
24.6%US$42.59US$14.04US$21.0724
Sep ’24US$23.69
US$31.80
+34.2%
24.6%US$51.82US$20.39US$22.9724
Aug ’24US$26.65
US$32.13
+20.6%
23.0%US$50.82US$18.83US$24.1723
Jul ’24US$26.49
US$31.88
+20.3%
21.7%US$49.81US$20.51US$23.4123
Jun ’24US$29.38
US$31.15
+6.0%
22.6%US$48.77US$20.08US$27.9123
May ’24US$27.60
US$31.87
+15.5%
23.3%US$50.06US$20.63US$27.0523
Apr ’24US$28.96
US$31.71
+9.5%
23.3%US$49.77US$20.51US$27.5223
Mar ’24US$29.73
US$29.79
+0.2%
25.7%US$51.23US$17.82US$28.7621
Feb ’24US$29.24
US$30.40
+4.0%
27.3%US$53.14US$18.46US$28.1722
Jan ’24US$28.88
US$27.72
-4.0%
29.1%US$51.45US$17.86US$31.7321
Analyst Price Target
Consensus Narrative from 25 Analysts
US$22.39
Fair Value
41.1% undervalued intrinsic discount
25
Number of Analysts

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.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 22:29
End of Day Share Price 2025/01/23 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

Vestas Wind Systems A/S is covered by 65 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lars HeindorffABG Sundal Collier
null nullABG Sundal Collier
Scott McCollisterArdour Capital Investments, LLC