Volkswagen ( VW )
Volkswagen ( VW ) is a German car maker which was originally founded in 1937. Now VW Group is one of world’s taking car makers and the largest car manufacturer in Europe. with its recent headquarter in Wolfsburg. VW is one of the 10 trade names under VW Group. ( Volkswagen Homepage. 2011 ) 2011 VW’s gross is 159. 337 million EUR ; net income is 15. 409 million EUR. with a net income border of 9. 6707 % . ( Bloomberg. 2012 ) The addition from 2010 to 2011 is illustrated evidently in the undermentioned chart. ( Bloomberg. 2012 )

Income Statement for Volkswagen AG ( VOW ) 2010-2011. Bloomberg. 2012 Volkswagen stock ( VOW: GR )
The current portion monetary value. stopping point ( Apr 13. 2012 ) is 119. 3 EUR. its 52-week scope is 82. 350 – 138. 800 EUR. and its 1-year return is 14. 26 % . every bit good as. market capitalisation is 56. 601. 00 million EUR. ( Bloomberg. 2012 ) Interactive Annual Stock Chart for Volkswagen AG ( VOW ) . Bloomberg. 2011-2012 VOW’s Earning Per Share ( ttm ) is 33. 1 EUR. current P/E Ratio ( ttm ) is 3. 5408. and Dividend Per Share ( give annualized ) is 1. 8771 EUR. ( Bloomberg. 2012 ) SWOT Analysis

In order to pull a decision for VW’s stock evaluation. SWOT analysis is conducted in this portion. Strengths
High merchandise quality
Strong trade name equity
VW group’s trade name portfolio includes Audi. Bentley. Bugatti. Lamborghini. SEAT. 49. 9 % of Porsche. Giugiaro. Skoda trade names and the truck maker Scania and MAN. ( VW Homepage. 2012 ) Strong R & A ; D
Failings
High costs for implementing the new modular engineering ( Just-auto. 2012 ) Inadequate focal point on stockholder involvements ( VW Corporate Governance Code.
2010 ) Relatively low productiveness
Opportunities
Good return on VW stocks

VW Group Share EPS 2003-2010. VW investor dealingss. 2012
Large buying power addition in Chinese market
Acquisitions
The Volkswagen Group continued its strategic growing flight by geting Porsche Holding Salzburg and increasing its interest in MAN SE. ( VW ad hoc. 2011 ) Menaces
Euro-zone’s debt crisis and accordingly planetary recession in 2011 Increasing fuel monetary value
Strong competition from Nipponese and American makers
Such as Ford. Toyota. Honda. e. t. degree Celsius.
Stock Rating
The investing determination made in this study is to keep VW stock. viz. equal-weight as its stock evaluation. First of all. VW has good public presentation last twelvemonth ; for case. both VW’s gross and net income grew well from 2010 to 2011. even with the negative influence from European debt crisis in the fourth one-fourth of 2011. Furthermore. last twelvemonth VW Group continued its strategic growing by geting 49. 9 % of Porsche and increasing its interest in MAN SE. This twelvemonth merely in January and February. VW Passenger Cars’ bringing to clients reached the figure of 818. 800. with an 8 % growing comparing with the same clip of last twelvemonth. In add-on. VW’s market is turning continuously and dramatically in China these old ages. Until 2018. VW’s end of market growing in China is 29. 1 % . ( VW scheme 2018. 2012 )

Second. VW share’s rating and gaining kept turning stably under the recent old ages. anticipate 2009. For illustration. stock’s EPS grew well from 2005 to 2010. which is illustrated clearly in VW Group Share EPS 2003-2010 chart above. Last but non least. from the long-run position. VW has really good potency of strategically growing. Harmonizing to VW’s strategic program 2018. their hereafter vision is to go the world’s most profitable. fascinating and sustainable car maker. Furthermore. even today VW has already really high client satisfaction ( evaluation graduated table 8. 55 out of 10. 2011 ) because its high quality and service criterions.

In order to pull a decision. if we look into the old SWOT analysis once more. today’s internal failing could go tomorrow’s strength ; using new modular transverse toolkit technique would convey big net income to VW in the long-run. in malice of today’s high R & A ; D and implementing costs. Therefore. VW portion is a good pick for long-run investing. Nevertheless. taking the external menaces into consideration. particularly confronting nowadays’ depression for both car industry and planetary economic system. stock investing should be really cautious. hence. in drumhead. we rated VW stock as equal-weight. which means it is recommended to keep the portion as long-run investing.

Mentions
Bloomberg. 2012. hypertext transfer protocol: //www. bloomberg. com/quote/VOW: GR
Just-auto. 2012. hypertext transfer protocol: //www. just-auto. com/news/4-volkswagen-hikes-2011-operating-profit-59-to-new-record_id120644. aspx Volkswagen Homepage. 2011. hypertext transfer protocol: //www. volkswagenag. com/content/vwcorp/content/en/homepage. hypertext markup language VW scheme 2018. 2012. hypertext transfer protocol: //www. volkswagenag. com/content/vwcorp/info_center/en/talks_and_presentations/2012/03/JPK_IK_2012_Part_III_ . bin. html/binarystorageitem/file/Part_III_Charts_Winterkorn. pdf