Added to YB: 2026-03-23
Pitch date: 2026-03-18
BMW.DE [neutral]
Bayerische Motoren Werke Aktiengesellschaft
Author Info
Notes From The Beauty Contest is a buy-side investor who thought it might be fun to write about stocks in their spare time and in their own way. Sign up for the newsletter.
Company Info
Bayerische Motoren Werke Aktiengesellschaft develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.
Market Cap
EUR 46.4B
Pitch Price
N/A
Price Target
N/A
Dividend
5.76%
EV/EBITDA
8.59
P/E
6.42
EV/Sales
1.07
Sector
Automobiles
Category
turnaround
BMW 2026: Entering the Final Straight
BMW.DE (overview): After 8yrs flat volumes, growth may resume as Neue Klasse launches. iX3 deliveries started, i3 unveiled w/ 560mi WLTP range. 40 models refresh 2026-27. China stabilized at 50k units/mo, pricing turned positive Q3. 2026 guide: flat deliveries, 4-6% auto margin (vs 5.3% 2025), tariffs -125bps. Targeting 8-10% margin medium-term, 3m units by 2030 (~5% CAGR). 7.5x consensus EPS on depressed margins.
Read full article (7 min)