- Volkswagen is a leading car company based in Wolfsburg, Germany. The group produces more than 10 million cars annually.
- Lagging market sentiment and skepticism towards the company’s "New Auto" strategy keep VWAGY's stock multiples depressed at a P/E below x5 and a P/BVPS significantly below x1.
- In my opinion, Volkswagen is poised to take a leading position not only in the EV race, but also in the exploration for new business models in the M-a-a-S economy.
- As long as the market sentiment about Volkswagen’s strategy remains depressed, investors might want to take the chance to accumulate the company's stock.
- In this article I value VWAGY based on a Residual Earnings Model—and I set a base-target price of $ €325.95/share.
For further details see:
Anchor On Fundamentals And Buy Volkswagen Group