Volkswagen is thinking about a Porsche IPO again

  • Volkswagen (OTCPK:VWAGY) could set Porsche (OTCPK:POAHY) free in an IPO, according to a Reuters report. Sources indicate that the German automaker is still exploring a Porsche IPO in order to raise funds for the electrification push by the German automaker.
  • Estimates on the valuation for Porsche AG range to as high as $101B, which is above the market caps for Rivian Automotive and Nio.
  • A report from Germany noted that the Porsche and Piech families are considering selling part of their Volkswagen stake to fund a sizable purchase in the possible Porsche IPO.
  • Volkswagen has one of the highest valuation grades in the auto sector.

    For this year Volkswagen 's revenue will be around 249.31 billion euros. This is according to the average of the analysts' estimates. This is rather significant more than 2021's revenue of 222.88 billion euros.

    Historical revenues and results Volkswagen plus estimates 2021

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    The analysts expect for 2021 a net profit of 13.63 billion euros. The majority of the analysts expects for this year a profit per share of 27.83 euros. With this the price/earnings-ratio is 9.37.

    Analysts expect a dividend of 7.29 euros per share. Thus the dividend yield equals 2.8 percent. The average dividend yield of the automobile producers is a relatively high 2.78 percent.

    Recent target prices around 221 euros

    Independent Research, Deutsche Bank and Citigroup recently provided recommendations for the stock.

    Volkswagen 's market capitalization is based on the number of outstanding shares around 53.78 billion euros. 64

    At 10.55 the stock trades 0.15 percent lower at 260.8 euros.

    Historical stock prices Volkswagen past 10 years

    stock prices volkswagen

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