(VOW) Volkswagen - Overview
Sector: Consumer Cyclical | Industry: Auto Manufacturers | Exchange: XETRA (Germany) | Market Cap: 45.843m EUR | Total Return: -5.9% in 12m
Avg Turnover: 5.18M
EPS Trend: -93.6%
Qual. Beats: 0
Rev. Trend: 59.7%
Qual. Beats: -2
Warnings
High Debt while negative Cash Flow
Tailwinds
Confidence
Volkswagen AG is a global automotive manufacturer headquartered in Wolfsburg, Germany, operating through four primary segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The company manages a diverse portfolio of brands including Volkswagen, Audi, Porsche, Bentley, and Scania, covering market segments from mass-market passenger vehicles to heavy-duty trucks and luxury sports cars.
The business model relies on high-volume production and platform sharing across its various brands to achieve economies of scale. As the industry shifts toward electrification, the company has integrated battery development and vehicle software into its core manufacturing operations.
The automotive sector is currently characterized by high capital intensity and a transition from internal combustion engines to battery electric vehicle (BEV) architectures. Volkswagens Financial Services segment supports this capital-intensive model by providing essential dealership financing, leasing, and insurance products to maintain consumer demand.
Reviewing the latest valuation metrics on ValueRay can help clarify how these operational segments impact the companys current market pricing. Volkswagen AG remains a subsidiary of Porsche Automobil Holding SE, maintaining a complex corporate structure typical of large German industrial conglomerates.
- Market share erosion in China pressures overall group revenue and margins
- High labor and energy costs in Germany strain manufacturing profitability
- Accelerating transition to electric vehicles requires massive capital expenditure and software
- Porsche and Audi earnings remain critical for group-wide cash flow stability
- European Union carbon emission regulations pose significant potential fine risks
| Net Income: 6.62b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 0.28 > 1.0 |
| NWC/Revenue: 5.44% < 20% (prev 6.67%; Δ -1.23% < -1%) |
| CFO/TA 0.03 > 3% & CFO 17.2b > Net Income 6.62b |
| Net Debt (220b) to EBITDA (43.2b): 5.09 < 3 |
| Current Ratio: 1.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (501.3m) vs 12m ago 0.0% < -2% |
| Gross Margin: 17.00% > 18% (prev 0.19%; Δ 1.68k% > 0.5%) |
| Asset Turnover: 49.03% > 50% (prev 51.11%; Δ -2.08% > 0%) |
| Interest Coverage Ratio: 6.27 > 6 (EBITDA TTM 43.2b / Interest Expense TTM 1.73b) |
| A: 0.03 (Total Current Assets 267b - Total Current Liabilities 250b) / Total Assets 666b |
| B: 0.24 (Retained Earnings 163b / Total Assets 666b) |
| C: 0.02 (EBIT TTM 10.9b / Avg Total Assets 653b) |
| D: 0.34 (Book Value of Equity 162b / Total Liabilities 475b) |
| Altman-Z'' = 1.44 = BB |
| DSRI: 0.76 (Receivables 92.3b/124b, Revenue 320b/327b) |
| GMI: 1.09 (GM 17.00% / 18.54%) |
| AQI: 0.95 (AQ_t 0.36 / AQ_t-1 0.38) |
| SGI: 0.98 (Revenue 320b / 327b) |
| TATA: -0.02 (NI 6.62b - CFO 17.2b) / TA 666b) |
| Beneish M = -3.20 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at EUR 91.45 with a total of 34,292 shares traded.
Over the past week, the price has changed by +1.50%,
over one month by +2.87%,
over three months by -10.43% and
over the past year by -5.87%.
Volkswagen has no consensus analysts rating.
P/E Trailing = 7.4898
P/E Forward = 4.5809
P/S = 0.1433
P/B = 0.2408
P/EG = 0.833
Revenue TTM = 320b EUR
EBIT TTM = 10.9b EUR
EBITDA TTM = 43.2b EUR
Long Term Debt = 123b EUR (from longTermDebt, last quarter)
Short Term Debt = 143b EUR (from shortTermDebt, last quarter)
Debt = 299b EUR (from shortLongTermDebtTotal, last quarter) + Leases 7.63b
Net Debt = 220b EUR (calculated: Debt 299b - CCE 79.4b)
Enterprise Value = 266b EUR (45.8b + Debt 299b - CCE 79.4b)
Interest Coverage Ratio = 6.27 (Ebit TTM 10.9b / Interest Expense TTM 1.73b)
EV/FCF = -37.73x (Enterprise Value 266b / FCF TTM -7.04b)
FCF Yield = -2.65% (FCF TTM -7.04b / Enterprise Value 266b)
FCF Margin = -2.20% (FCF TTM -7.04b / Revenue TTM 320b)
Net Margin = 2.07% (Net Income TTM 6.62b / Revenue TTM 320b)
Gross Margin = 17.00% ((Revenue TTM 320b - Cost of Revenue TTM 266b) / Revenue TTM)
Gross Margin QoQ = 16.70% (prev 15.77%)
Tobins Q-Ratio = 0.40 (Enterprise Value 266b / Total Assets 666b)
Interest Expense / Debt = 0.58% (Interest Expense 1.73b / Debt 299b)
Taxrate = 29.99% (670.0m / 2.23b)
NOPAT = 7.61b (EBIT 10.9b * (1 - 29.99%))
Current Ratio = 1.07 (Total Current Assets 267b / Total Current Liabilities 250b)
Debt / Equity = 1.70 (Debt 299b / totalStockholderEquity, last quarter 176b)
Debt / EBITDA = 5.09 (Net Debt 220b / EBITDA 43.2b)
Debt / FCF = -31.22 (negative FCF - burning cash) (Net Debt 220b / FCF TTM -7.04b)
Total Stockholder Equity = 176b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.01% (Net Income 6.62b / Total Assets 666b)
RoE = 3.77% (Net Income TTM 6.62b / Total Stockholder Equity 176b)
RoCE = 3.64% (EBIT 10.9b / Capital Employed (Equity 176b + L.T.Debt 123b))
RoIC = 1.36% (NOPAT 7.61b / Invested Capital 559b)
WACC = 1.32% (E(45.8b)/V(345b) * Re(7.30%) + D(299b)/V(345b) * Rd(0.58%) * (1-Tc(0.30)))
Discount Rate = 7.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -7.45 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -7.04b)
EPS Correlation: -93.56 | EPS CAGR: -31.22% | SUE: -0.76 | # QB: 0
Revenue Correlation: 59.69 | Revenue CAGR: 1.47% | SUE: -0.87 | # QB: -2
EPS current Year (2026-12-31): EPS=35.38 | Chg30d=+23.03% | Revisions=N/A | GrowthEPS=+165.8% | GrowthRev=+1.2%
EPS next Year (2027-12-31): EPS=34.20 | Chg30d=-0.75% | Revisions=+14% | GrowthEPS=-3.3% | GrowthRev=+2.1%
[Analyst] Revisions Ratio: +14%