Logo image of BMW.DE

BAYERISCHE MOTOREN WERKE AG (BMW.DE) Stock Fundamental Analysis

FRA:BMW - Deutsche Boerse Ag - DE0005190003 - Common Stock - Currency: EUR

80.64  -0.28 (-0.35%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BMW. BMW was compared to 31 industry peers in the Automobiles industry. BMW has a medium profitability rating, but doesn't score so well on its financial health evaluation. BMW has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

4

1. Profitability

1.1 Basic Checks

In the past year BMW was profitable.
BMW had a positive operating cash flow in the past year.
BMW had positive earnings in 4 of the past 5 years.
BMW had a positive operating cash flow in 4 of the past 5 years.
BMW.DE Yearly Net Income VS EBIT VS OCF VS FCFBMW.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5B 10B 15B 20B

1.2 Ratios

With a Return On Assets value of 3.12%, BMW perfoms like the industry average, outperforming 45.16% of the companies in the same industry.
Looking at the Return On Equity, with a value of 9.02%, BMW is doing worse than 64.52% of the companies in the same industry.
BMW has a Return On Invested Capital (6.14%) which is in line with its industry peers.
BMW had an Average Return On Invested Capital over the past 3 years of 7.08%. This is in line with the industry average of 8.85%.
Industry RankSector Rank
ROA 3.12%
ROE 9.02%
ROIC 6.14%
ROA(3y)5.72%
ROA(5y)4.21%
ROE(3y)16.61%
ROE(5y)12.87%
ROIC(3y)7.08%
ROIC(5y)5.52%
BMW.DE Yearly ROA, ROE, ROICBMW.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20

1.3 Margins

BMW has a Profit Margin of 5.49%. This is comparable to the rest of the industry: BMW outperforms 51.61% of its industry peers.
In the last couple of years the Profit Margin of BMW has remained more or less at the same level.
BMW's Operating Margin of 9.43% is fine compared to the rest of the industry. BMW outperforms 70.97% of its industry peers.
BMW's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 17.01%, BMW is not doing good in the industry: 77.42% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of BMW has remained more or less at the same level.
Industry RankSector Rank
OM 9.43%
PM (TTM) 5.49%
GM 17.01%
OM growth 3Y34.07%
OM growth 5Y4.93%
PM growth 3Y23.94%
PM growth 5Y0.17%
GM growth 3Y11.64%
GM growth 5Y-0.11%
BMW.DE Yearly Profit, Operating, Gross MarginsBMW.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20

More info and screens

2

2. Health

2.1 Basic Checks

BMW has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
There is no outstanding debt for BMW. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
BMW.DE Yearly Shares OutstandingBMW.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M
BMW.DE Yearly Total Debt VS Total AssetsBMW.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 50B 100B 150B 200B 250B

2.2 Solvency

Based on the Altman-Z score of 1.46, we must say that BMW is in the distress zone and has some risk of bankruptcy.
BMW's Altman-Z score of 1.46 is in line compared to the rest of the industry. BMW outperforms 58.06% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that BMW is somewhat dependend on debt financing.
BMW has a Debt to Equity ratio of 0.67. This is in the better half of the industry: BMW outperforms 64.52% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF N/A
Altman-Z 1.46
ROIC/WACC1.43
WACC4.3%
BMW.DE Yearly LT Debt VS Equity VS FCFBMW.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20B 40B 60B 80B

2.3 Liquidity

BMW has a Current Ratio of 1.10. This is a normal value and indicates that BMW is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.10, BMW is doing worse than 74.19% of the companies in the same industry.
BMW has a Quick Ratio of 1.10. This is a bad value and indicates that BMW is not financially healthy enough and could expect problems in meeting its short term obligations.
BMW's Quick ratio of 0.78 is on the low side compared to the rest of the industry. BMW is outperformed by 74.19% of its industry peers.
Industry RankSector Rank
Current Ratio 1.1
Quick Ratio 0.78
BMW.DE Yearly Current Assets VS Current LiabilitesBMW.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 20B 40B 60B 80B

More info and screens

2

3. Growth

3.1 Past

BMW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.48%.
BMW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.16% yearly.
EPS 1Y (TTM)-34.48%
EPS 3Y-14.88%
EPS 5Y9.16%
EPS Q2Q%-37.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-17.06%

3.2 Future

The Earnings Per Share is expected to grow by 6.66% on average over the next years.
BMW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.19% yearly.
EPS Next Y13.62%
EPS Next 2Y9.45%
EPS Next 3Y12.63%
EPS Next 5Y6.66%
Revenue Next Year2.26%
Revenue Next 2Y2.11%
Revenue Next 3Y4.04%
Revenue Next 5Y2.19%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
BMW.DE Yearly Revenue VS EstimatesBMW.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 50B 100B 150B
BMW.DE Yearly EPS VS EstimatesBMW.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 5 10 15 20 25

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 6.96 indicates a rather cheap valuation of BMW.
BMW's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of BMW to the average of the S&P500 Index (29.07), we can say BMW is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.13, the valuation of BMW can be described as very cheap.
BMW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BMW is cheaper than 64.52% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.05, BMW is valued rather cheaply.
Industry RankSector Rank
PE 6.96
Fwd PE 6.13
BMW.DE Price Earnings VS Forward Price EarningsBMW.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

BMW's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.92
BMW.DE Per share dataBMW.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150 200

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BMW's earnings are expected to grow with 12.63% in the coming years.
PEG (NY)0.51
PEG (5Y)0.76
EPS Next 2Y9.45%
EPS Next 3Y12.63%

More info and screens

6

5. Dividend

5.1 Amount

BMW has a Yearly Dividend Yield of 7.29%, which is a nice return.
BMW's Dividend Yield is a higher than the industry average which is at 6.91.
Compared to an average S&P500 Dividend Yield of 2.39, BMW pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.29%

5.2 History

On average, the dividend of BMW grows each year by 22.01%, which is quite nice.
Dividend Growth(5Y)22.01%
Div Incr Years2
Div Non Decr Years3
BMW.DE Yearly Dividends per shareBMW.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

5.3 Sustainability

BMW pays out 84.53% of its income as dividend. This is not a sustainable payout ratio.
BMW's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP84.53%
EPS Next 2Y9.45%
EPS Next 3Y12.63%
BMW.DE Yearly Income VS Free CF VS DividendBMW.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5B 10B 15B
BMW.DE Dividend Payout.BMW.DE Dividend Payout, showing the Payout Ratio.BMW.DE Dividend Payout.PayoutRetained Earnings

More info and screens

BAYERISCHE MOTOREN WERKE AG

FRA:BMW (3/26/2025, 4:24:11 PM)

80.64

-0.28 (-0.35%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)03-14 2025-03-14/bmo
Earnings (Next)05-07 2025-05-07
Inst Owners22.17%
Inst Owner ChangeN/A
Ins Owners48.56%
Ins Owner ChangeN/A
Market Cap51.51B
Analysts72.5
Price Target88.59 (9.86%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.29%
Yearly Dividend10.81
Dividend Growth(5Y)22.01%
DP84.53%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-29.79%
Min EPS beat(2)-57.28%
Max EPS beat(2)-2.31%
EPS beat(4)1
Avg EPS beat(4)-17.57%
Min EPS beat(4)-57.28%
Max EPS beat(4)2.37%
EPS beat(8)2
Avg EPS beat(8)-9.92%
EPS beat(12)6
Avg EPS beat(12)-3.11%
EPS beat(16)9
Avg EPS beat(16)2.8%
Revenue beat(2)0
Avg Revenue beat(2)-6.16%
Min Revenue beat(2)-7.45%
Max Revenue beat(2)-4.87%
Revenue beat(4)1
Avg Revenue beat(4)-2.71%
Min Revenue beat(4)-7.45%
Max Revenue beat(4)3.18%
Revenue beat(8)4
Avg Revenue beat(8)-0.39%
Revenue beat(12)6
Avg Revenue beat(12)-0.08%
Revenue beat(16)9
Avg Revenue beat(16)0.59%
PT rev (1m)0%
PT rev (3m)0.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.54%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.11%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.17%
Valuation
Industry RankSector Rank
PE 6.96
Fwd PE 6.13
P/S 0.35
P/FCF N/A
P/OCF 9.31
P/B 0.57
P/tB 0.73
EV/EBITDA 5.92
EPS(TTM)11.58
EY14.36%
EPS(NY)13.15
Fwd EY16.31%
FCF(TTM)-11.04
FCFYN/A
OCF(TTM)8.66
OCFY10.74%
SpS233.17
BVpS142.04
TBVpS111.18
PEG (NY)0.51
PEG (5Y)0.76
Profitability
Industry RankSector Rank
ROA 3.12%
ROE 9.02%
ROCE 8.17%
ROIC 6.14%
ROICexc 6.98%
ROICexgc 8.03%
OM 9.43%
PM (TTM) 5.49%
GM 17.01%
FCFM N/A
ROA(3y)5.72%
ROA(5y)4.21%
ROE(3y)16.61%
ROE(5y)12.87%
ROIC(3y)7.08%
ROIC(5y)5.52%
ROICexc(3y)8.18%
ROICexc(5y)6.36%
ROICexgc(3y)9.41%
ROICexgc(5y)7.25%
ROCE(3y)9.56%
ROCE(5y)7.46%
ROICexcg growth 3Y50.97%
ROICexcg growth 5Y12.6%
ROICexc growth 3Y48.71%
ROICexc growth 5Y11.39%
OM growth 3Y34.07%
OM growth 5Y4.93%
PM growth 3Y23.94%
PM growth 5Y0.17%
GM growth 3Y11.64%
GM growth 5Y-0.11%
F-Score2
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF N/A
Debt/EBITDA 2.65
Cap/Depr 144.06%
Cap/Sales 8.45%
Interest Coverage 250
Cash Conversion 24.3%
Profit Quality N/A
Current Ratio 1.1
Quick Ratio 0.78
Altman-Z 1.46
F-Score2
WACC4.3%
ROIC/WACC1.43
Cap/Depr(3y)109.6%
Cap/Depr(5y)108.74%
Cap/Sales(3y)6.43%
Cap/Sales(5y)6.43%
Profit Quality(3y)71.64%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.48%
EPS 3Y-14.88%
EPS 5Y9.16%
EPS Q2Q%-37.22%
EPS Next Y13.62%
EPS Next 2Y9.45%
EPS Next 3Y12.63%
EPS Next 5Y6.66%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-17.06%
Revenue Next Year2.26%
Revenue Next 2Y2.11%
Revenue Next 3Y4.04%
Revenue Next 5Y2.19%
EBIT growth 1Y-20.1%
EBIT growth 3Y55.85%
EBIT growth 5Y15.36%
EBIT Next Year24.63%
EBIT Next 3Y11.64%
EBIT Next 5Y5.29%
FCF growth 1Y-154.63%
FCF growth 3Y-1.79%
FCF growth 5YN/A
OCF growth 1Y-73.29%
OCF growth 3Y9.97%
OCF growth 5Y28.44%