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Between $ 4 billion and $ 12 billion, Volvo Cars is rated by institutions, according to owner Geely.
The risk of delaying the stock market, writes Bloomberg in a telegram – exactly two weeks after Di Magnus Dagel evaluated the automaker online with the institutions.
The evaluation of the automaker Volvo Cars for a next listing is just now lower than the Chinese main owner Geely set as goal. He writes Bloomberg News and refers to people in transparency.
Institutional investors, who participated in the initial listing negotiations, reported a car maker's value of $ 12 billion to $ 18 billion, writes Bloomberg. It is significantly lower than Geely's perception of $ 16-30 billion.
Sources of Bloomberg state that the difference in perception of Volvo's value may delay the current listing, writes Omni.
Today 's industry wrote on July 10 that Volvo Cars with a pure relative valuation is worth 80-85 billion, which equates to 9-9, 6 bln. dollars. The range was based on a number of key figures from Volvo, and valuation of the top ten global automakers based on their key ratios.
"On average, the sector is trading at a very low 6.7 percent on the forecast for this year.for next year.On the basis of the average, the value of Volvo would be down. about 80 billion Swedish crowns, "writes Di Magnus Dagel, a multiple ev / ebit valuation, where other automakers are valued at 5 times the operating profit, would rise to 85 billion SEK.
Three potentially interesting factors were mentioned: Volvo Cars Great China Exposure and the Chinese owner who makes
According to Magnus Dagel, the negligible account is an intransparent property of the main owner Zhejiang Geely In the negative account, China's competitors, such as competitors, Holding Group and the fact that a new listed company is still trading at a certain discount.
Given all the The value of Di raises to 100 billion crowns, or 11.3 billion dollars. For a valuation of 260 billion dollars (or 30 billion dollars), it is now necessary to double sales and have an operating margin of 10% against 6% today. "19659009" was almost exactly the target targeted by Volvo Cars in the new business plan released in early June. A production of 1.2 million cars and a profit margin of about 9%.
The problem is simply that Li Shufu wants this value now. You can always dream of the future, but in the end, it's the numbers that speak, "wrote Magnus Dagel on July 10.
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