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VOLKSWAGEN AG (VLKAF)

Undervalued
Consumer CyclicalAuto ManufacturersGermany

Fundamental

61

Price

$68.70

Market Cap

$34.66B

Part 1 · What the company is worth

Overview

Volkswagen AG manufactures automobiles and commercial vehicles in Europe, Germany, North America, South America, the Asia-Pacific, and internationally. It operates through three segments: Passenger Cars and Light Commercial Vehicles; Commercial Vehicles; and Financial Services. The Passenger Cars and Light Commercial Vehicles segment develops vehicles, engines and motors, vehicle software, and vehicle batteries; produces and sells passenger cars and light commercial vehicles, and the parts. This segment also offers compact cars, luxury vehicles, and motorcycles, as well as mobility solutions. The Commercial Vehicles segment engages in the development of vehicles, engines, and motors; production and sale of trucks and buses, parts, and related services. The Financial Services segment engages in the dealership and customer financing, leasing, direct banking, and insurance activities; and provision of fleet management, and mobility services. In addition, the company is involved in the large-bore diesel engines, turbomachinery, and propulsion components businesses. It sells its products under the Volkswagen Passenger Cars, Škoda, SEAT/CUPRA, Volkswagen Commercial Vehicles, Audi, Lamborghini, Bentley, Ducati, Porsche, Scania, MAN, Volkswagen Truck & Bus, TRATON, and Bugatti Rimac, and international commercial vehicles brands to individual, corporate, and fleet customers. The company was founded in 1937 and is headquartered in Wolfsburg, Germany. Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$189.34B

Trailing 12 months to the last reported quarter — estimated from per-share metrics

Net Income

$3.41B

Trailing 12 months to the last reported quarter — estimated from per-share metrics

Free Cash Flow

$14.11B

Total Equity

$103.22B

Total Liabilities

$280.90B

Current Ratio

1.07

Interest Coverage

-

Debt/EBITDA

14.57

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

CyclicalUndervalued

Fair Value

$112.56

Current Price

$68.70

Margin of Safety

+39.0%

Fair Value Range

$77.63 - $147.49

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$106.17
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$43.86
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$147.71
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):Not applicable to this type of company
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:Not applicable to this type of company
Last Earnings Surprise:-49.10%

Valuation Metrics

P/E Ratio

5.95

ROE

2.8%

P/B Ratio

0.18

P/FCF

1.45

Gross Margin

16.6%

ROIC

2.8%

Profitability Radar

Value Creation (Economic Moat)

ROIC

2.8%

WACC

0.9%

ROIC − WACC

+1.9 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (10)

  • P/FCF 1.45
  • P/B ratio 0.18
  • Debt/equity ratio
  • Positive free cash flow
  • CapEx intensity
  • Current ratio
  • Price below Graham Number
  • DCF valuation (Undervalued)
  • Revenue growth 5Y 7.6%
  • Earnings quality (operating cash flow / net income) 2.63

Failed (9)

  • Price CAGR -6.78%
  • ROIC 2.8%
  • Gross margin 16.6%
  • Operating margin 2.5%
  • Debt/EBITDA
  • ROE 3.1%
  • Earnings surprise, average -56.5%
  • Net margin trend 2.1% vs 3.3%
  • Piotroski F-Score 2/9

Unavailable (7)

  • EPS data insufficient
  • Dividend payout –
  • Interest coverage
  • Return on tangible assets
  • Low reliance on intangibles
  • PEG ratio (needs P/E > 0 and growth > 0)
  • Share dilution (missing share count)

Piotroski F-Score

2/9

Serious financial concerns

ROA > 0
Operating cash flow > 0
ΔROA > 0
Cash flow > net income
Leverage ↓
Current ratio ↑
No dilution
Gross margin ↑
Asset turnover ↑

Earnings Quality

2.63

High quality: earnings backed by cash

Share Dilution

-

Buying back shares. Shareholder friendly

Institutional Holdings

No institutional filings reported for this company.

Governance

Executive Team

NameTitleAge
Dr. Oliver Blume Ph.D.CEO & Chairman of the Board of Management57
Dr. Arno AntlitzCFO, COO & Member of the Board of Management55
Mr. Thomas Schmall-Reichsgraf von und zu WesterholtMember of the Management Board & Head of Technology61
Mr. Thomas SchaferCEO of the Passenger Cars Brand, CEO & COO of Volkswagen Brand and Member of Management Board55
Mr. Ralf BrandstatterMember of Board of Management57
Dr. Manfred Doss Ph.D.Member of Management Board & Head of Integrity and Legal Affairs67
Ms. Hauke StarsMember of Management Board58
Dr. Gernot DollnerMember of Management Board56
Mr. Rolf WollerHead of Group Treasury & Investor Relations-
Mr. Kurt MichelsGroup Chief Integrity and Compliance Officer-

Part 2 · The price and its context

This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Market Reaction Profile

How much VLKAF moves, measured on its daily prices.

VolatilityMedium

More volatile than 46% of the tracked stocks (90-day volatility).

Volatility 30d
39.2%
Volatility 90d
34.4%
Beta vs S&P 500 (1y)
0.67Correlation 0.29
Max drawdown (12m)
-38.8%
ATR (14d, % of price)
3.08%

Earnings reactions

How VLKAF moved around its past quarterly results.

Next earnings release

Oct 29, 2026 · In 5 days · Time not known

Revenue estimate: $78.6B

What usually happens

  • Not enough releases with data yet: we have 0, we need at least 4.

Release dates from SEC 8-K filings.

Updated 10/24/2026

Historical statistics for educational purposes only. They are not forecasts and not investment advice.

Price reaction to the news

Latest news on VLKAF and what the price did next.

No positive or negative news on VLKAF has been archived yet.

Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.

Latest News

Recent headlines for VLKAF.

No recent news for VLKAF.