Professional
Added to YB: 2024-05-23
Pitch date: 2024-05-22
BMW.DE [bullish]
Bayerische Motoren Werke Aktiengesellschaft
+6.69%
current return
Author Info
No bio for this author
Company Info
Bayerische Motoren Werke Aktiengesellschaft develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.
Market Cap
EUR 49.1B
Pitch Price
EUR 88.35
Price Target
166.00 (+76%)
Dividend
5.36%
EV/EBITDA
9.08
P/E
8.62
EV/Sales
1.04
Sector
Automobiles
Category
value
Bayerische Motoren Werke Aktiengesellschaft: Slight First-Quarter Volume Growth Highlights Quiet Quarter
BMW.DE: Q1 modest 1.1% volume growth offset by weaker pricing. FY24 earnings to decline mid-single digit % on higher investments. Strong brand & supply chain vs peers. 11.4% Q1 margin. EUR166 fair value on narrow moat: premium pricing power, consistent vehicle execution, powertrain innovation. Risks: cyclicality, emissions scrutiny, Quandt block. Capital allocation standard with sound balance sheet, EUR28B 2012-2022 dividends, EUR2B buyback.
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