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Volkswagen: Difference between revisions
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As of 27 Feb 2023 Volkswagens valuation is crazy cheap at a P/E of 4. It's subsidiary Porsche AG has a market cap of 102B EUR while Volkswagens market cap is only 65B EUR although it still controls 75% of Porsche AG and holds a lot of other valuable assets including Audi, Volkswagen, Volkswagen Financial Services. | As of 27 Feb 2023 Volkswagens valuation is crazy cheap at a P/E of 4. It's subsidiary Porsche AG has a market cap of 102B EUR while Volkswagens market cap is only 65B EUR although it still controls 75% of Porsche AG and holds a lot of other valuable assets including Audi, Volkswagen, Volkswagen Financial Services. | ||
Volkswagen trades at almost 1/3 of it's shareholder equity which stands at 190B EUR.<ref>https://www.macrotrends.net/stocks/charts/VWAGY/volkswagen-ag/total-share-holder-equity</ref> (150B EUR before Porsche IPO <ref>https://www.volkswagenag.com/presence/investorrelation/publications/interim-reports/2022/HY_2022_e.pdf Page 37</ref>) | Volkswagen trades at almost 1/3 of it's shareholder equity <ref>https://www.morningstar.com/stocks/xetr/vow3/valuation</ref> which stands at 190B EUR.<ref>https://www.macrotrends.net/stocks/charts/VWAGY/volkswagen-ag/total-share-holder-equity</ref> (150B EUR before Porsche IPO <ref>https://www.volkswagenag.com/presence/investorrelation/publications/interim-reports/2022/HY_2022_e.pdf Page 37</ref>) | ||
Porsches competitor Ferrari has a crazy Market Cap of 48B EUR<ref name=":1" /> with revenue of only slightly under 5B EUR and Net Income under 1B EUR. | Porsches competitor Ferrari has a crazy Market Cap of 48B EUR<ref name=":1" /> with revenue of only slightly under 5B EUR and Net Income under 1B EUR. | ||