Volkswagen npaj los hais txog nws qhov kev nqis peev qis nrog kev pib rau pej xeem thaum lub Cuaj Hli lossis Lub Kaum Hli thaum ntxov ntawm 25% feem pua ntawm nws cov Porsche faib. Kev ua tiav zoo yuav yog qhov zoo rau VW cov khoom lag luam.
Lub tuam txhab pib ua lag luam US-listed common shares (VWAGY) pauv rau ib ncig ntawm $19. Qhov nyiam thiab ntau tshaj txhua qhov sib npaug rau 1/10th ntawm German-listed share.
Porsche tuaj yeem muaj nuj nqis ntawm $ 60 billion txog $ 85 billion, raws li cov ntaub ntawv tshaj tawm, ze rau Volkswagen qhov kev lag luam tam sim no ntawm $ 87 billion. Porsche yog qhov tseem ceeb tshaj plaws ntawm Volkswagen cov khoom lag luam zoo tshaj plaws, uas suav nrog nws cov khw muag khoom VW hom, hwm Audi unit, thiab ultrahigh-end Bentley thiab Lamborghini marques.
Porsche yog lub tuam txhab ua lag luam khoom kim heev, tsim 911 thiab 718 lub tsheb kis las, Cayenne thiab Macan nrov tsheb ua si, Panamera sedan, thiab tag nrho cov hluav taws xob Taycan, qhia hauv 2019, uas sib tw nrog Tesla's (TSLA) Model S. Porsche tsim tawm txog 300,000 tsheb ib xyoos, uas muag rau qhov nruab nrab ntawm ze li $100,000 txhua. Nws muaj qhov txaus ntshai ntawm 20% kev ua haujlwm cov nyiaj tau los.
Porsche tau tsim 25% ntawm Volkswagen cov nyiaj tau los ntawm $ 13 nphom hauv thawj ib nrab ntawm 2022, txhais tau tias cov tub ua lag luam zoo tuaj yeem them me ntsis rau cov nyiaj tau los ntawm lub tuam txhab. Porsche tuaj yeem raug nqi ntawm 15 txog 20 npaug ntawm cov nyiaj tau los. Qhov ntawd yog luv nqi rau high-end khoom kim heev-auto txiag
Ferrari
's
(RACE) 40 lub sijhawm, tab sis zoo tshaj qhov feem ntau nws pib cov khoom lag luam 'tus lej ib zaug.
| Automaker / Ticker | Cov Nqe Tsis Ntev Los no | YTD Hloov | 2022 EPS NPE | 2022E P / E | 2023E P / E | Faib Sib Koom | Kev Lag Luam Tus Nqi (bil) |
|---|
| Volkswagen / VWM | $14.97 | -25% | $3.54 | 4.2 | 4.2 | 5.3% | $87.0 |
| BMW/BMW.Germany | €74.30 | -16 | 20.71 | 3.6 | 5.1 | 7.8 | 48.8 |
| Mercedes-Benz Group/DMLRY | $14.08 | -27 | 2.88 | 4.9 | 4.9 | 9.4 | 60.3 |
| Ford Tsav / F | 15.43 | -26 | 2.07 | 7.5 | 7.7 | 3.9 | 62.0 |
| General Motors/GM | 40.11 | -32 | 6.80 | 5.9 | 6.3 | 0.9 | 58.5 |
| Tesla/TSI | 283.70 | -19.5 | 4.14 | 68.5 | 48.7 | tsis muaj leej twg | 889.0 |
E = kwv yees
Tau qhov twg los: Bloomberg
"Peb pom tus nqi zoo kawg hauv VW," hais tias Lawrence Paustian, tus kws tshuaj ntsuam xyuas kev ncaj ncees ntawm Pzena Investment Management, uas tuav VW shares. Nws hais tias VW yog qhov txaus nyiam, raws li nws cov txiaj ntsig thiab kev txheeb xyuas qhov sib npaug, thiab tej zaum yuav yog qhov khoom zoo tshaj plaws los coj Tesla.
Tus kws tshuaj ntsuam Morningstar Richard Hilgert yog bullish rau VW, thiab ob qho tib si nws thiab Paustian nyiam cov khoom pheej yig dua. Hilgert muaj tus nqi-lub hom phiaj sib npaug rau ntau dua $ 30 toj ib feem US. Hilgert hais tias "Yog tias ib qho ntawm cov tuam txhab tsim tsheb tuaj yeem ntes Tesla, nws yog VW," Hilgert hais.
Volkswagen ua ntej ntawm cov neeg sib tw hauv kev tsim tsheb fais fab thiab tsim cov roj teeb. Nws muaj daim ntawv tshuav nyiaj muaj zog, nrog $ 28 nphom ntawm cov nyiaj ntsuab ntawm nws lub lag luam tsheb.
Cov khoom lag luam tus nqi qis qhia txog kev lag luam kev sib tw ntawm kev mus rau tag nrho cov hluav taws xob hauv 15 txog 20 xyoo tom ntej. Tom qab ntawd, muaj VW txoj kev sib koom ua ke thiab kev tswj hwm.
VW xav tias yuav muaj peev xwm tsim tau ib lab EVs hauv 2023 thiab tej zaum yuav yog ob lab los ntawm 2025, thaum Tesla tuaj yeem muag ntau dua plaub lab.
Nws tsis zoo li Porsche IPO yuav ua raws li kev faib tawm ntawm 75% feem pua ntawm cov neeg koom nrog, muab kev koom ua ke ntawm Porsche hauv VW. Qhov ntawd yog qhov tsis zoo me me.
Cov ntawv xov xwm sau npe
Lub Lim Tiam No.
Lub asthiv email no muaj tag nrho cov dab neeg thiab lwm yam zoo rau hauv lub asthiv no. Hnub sawv ntxov Hnub ET.
VW yog tswj los ntawm Porsche thiab Piech tsev neeg, uas tuav 50% koom nrog
Porsche Automobil Tuav
(PAH3.Germany), tus tswv ntawm 53% ntawm VW cov kev xaiv tsa. Cov tub ua lag luam tseem tuaj yeem ua si VW los ntawm US-daim ntawv teev npe tsis muaj npe koom nrog (POAHY), tsis ntev los no nyob ib puag ncig $ 6.
Porsche Automobil ua lag luam ntawm kwv yees li 30% luv nqi rau tus nqi ntawm nws cov koom haum VW, tab sis muaj ntau txhiab daus las ntawm cov peev txheej kev cai lij choj cuam tshuam nrog nws qhov kev rho tawm VW tau txais kev twv ntau tshaj kaum xyoo dhau los, thiab VW qhov "dieselgate" scandal uas tau pib xyoo 2015. Porsche Automobil npaj yuav 12.5% ntawm Porsche IPO.
Zoo li lwm lub tuam txhab German loj, VW muaj pawg tswj hwm ntawm 20 tus tswv cuab, ib nrab raug xaiv los ntawm cov tswv cuab thiab ib nrab los ntawm kev ua haujlwm. Tab sis ob tus neeg sawv cev ntawm cov tswv cuab muaj npe los ntawm German xeev Lower Saxony, qhov twg VW yog nyob, thiab lawv nyiam rov qab ua haujlwm. Lower Saxony muaj 20% ntawm VW cov pov npav pov npav. Qhov no tau ua rau nws nyuaj rau VW txiav cov nqi ua haujlwm, uas tuaj yeem yog qhov nyuaj vim tias kev lag luam hloov mus rau kev tsim cov EVs tsawg dua.
Txawm li cas los xij, VW tab tom tawm los ua tus neeg sib tw raug cai rau Tesla. Nws muaj lub npe xiav-chip, cov khoom pheej yig, thiab tam sim no, muaj peev xwm catalyst los tsim tus nqi.
Sau rau Andrew Bary ntawm [email tiv thaiv]
