Professional
Added to YB: 2024-11-11
Pitch date: 2024-10-30
VWAGY [bullish]
Volkswagen AG
-4.61%
current return
Author Info
No bio for this author
Company Info
Volkswagen AG manufactures automobiles and commercial vehicles in Europe, Germany, North America, South America, the Asia-Pacific, and internationally.
Market Cap
EUR 37.9B
Pitch Price
EUR 9.21
Price Target
28.50 (+224%)
Dividend
7.05%
EV/EBITDA
10.49
P/E
6.10
EV/Sales
0.81
Sector
Automobiles
Category
turnaround
Volkswagen AG: China and Restructuring Costs Weigh on Profitability
VWAGY: Q3 weak on China & restructuring. FV €264. 2024 transition year: capacity cuts, China localization, US entry. Bull: EU share stable, self-help potential. Bear: execution risk, China decline, BEV slowdown. No moat, high capex, poor capital allocation. FV $28.50/ADR. Targets 8-10% margin by 2027 vs 5% forecast.
Read full article (13 min)