Investor Portfolio

 In the current given market

conditon, it will be while before
major economies of the world can
operate developmental rate.
 Similarly people who have large
capital of sum which needs
utilized so for the given scenario
protecting the value with the
expected return is the best
possible approach to investment.
 Why Volkswagen AG
Major Objective as a Mod Con
Investor
 The primary goal for a moderate conservative
investor is to generate consistent returns over the
long term while protecting their initial investment
 To prioritize stability and are generally risk-averse,
seeking to avoid significant fluctuations in their
portfolio's value.
 Another characteristic of a moderate
conservative investor is a preference for
established, financially stable companies.
 They prioritize stability, diversification, and a
balanced approach to investment, seeking to
strike a prudent balance between risk and
reward.
 Sales Report  Volkswagen Group expects sales revenues to be 10 to 15
Net sales Net Income percent higher than the prior-year figure.
325000
11827 13346
8824
14843 14867  It has shown they attempt to out-do competitors in
225000 advertising with an aggressive, promotional image
125000
campaign.
25000
2018 2019 2020 2021 2022
 has been able to develop a strong customer loyalty which
Net sales 235849 252632 222884 250200 279232 creates a bond between the driver and the brand.
Net Income 11827 13346 8824 14843 14867
Axis Title

 VOW3 is good value based on its Price-To-Earnings

Ratio (5.1x) compared to the peer average (8.9x).
 VOW3 (€126.28) is trading below our estimate
of fair value (€166.31).
 VOW3 is trading below fair value by more than
20%.

Volkswagen AG Group Financial Data

Debt to Equity Ratio
 short term assets (€228.4B) exceed
its short term liabilities (€186.0B).
Reducing Debt: VOW3's debt to
equity ratio has reduced from 149%
to 114% over the past 5 years.
Interest Coverage: VOW3 earns
more interest than it pays, so
coverage of interest payments is not
a concern.
 • VOW3's dividend payments have been volatile
in the past 10 years.
Dividend • Growing Dividend: VOW3's dividend payments
have increased over the past 10 years.
 Volkswagen Green Bonds

Bond Name VW 245

Currency Euro
Interest 3.750
Coupon Type Fixed
Bond Issue 23.02.2023
Bond Maturity Date 2035-02-23
Issue Size 5 000.00

Credit Rating A

 Green bonds may come with tax incentives

such as tax exemption and tax credits, making
them a more attractive investment vs. a
comparable taxable bond.
 Capital will be spent on green and sustainable
development.
 References and Sources

 VOLKSWAGEN AG : Financial Data Forecasts Estimates and Expectations | VOW3 | DE0007664039

| MarketScreener

 Volkswagen (VOW3.DE) - P/E ratio (companiesmarketcap.com)

 Volkswagen AG (VOW.DE) Valuation Measures & Financial Statistics (yahoo.com)

 Statement of Changes in Equity - Volkswagen Group Annual Report 2022 (volkswagenag.com)

 Volkswagen Preferred Stock: Now Undervalued, I'm Buying | Seeking Alpha

 Strategy (volkswagenag.com)