EN DE

Volvo Car AB (VOLCAR-B) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 56.3B SEK

VC Volvo Car AB VOLCAR-B · ST
Pricekr 19.50
Fair Valuekr 10.90
Upside-44.1%
Quality42/100
Watch Volvo Car AB for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 0.2% net margin
Low debt · generates free cash flow
Trails peers (5/13)
Narrow moat 21/100
Evidence: High Range kr 5.24 – kr 17.32 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from kr 5.45 to kr 10.90 (+100.0%) since Jul 18, 2026. Share price −4.0% over the past month.

Below-average quality, and screening another 44% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 17.32). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (kr 5.24 to kr 17.32). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

kr 84.45 kr 16.17 Fair Value kr 10.90 Oct 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

57‑month range kr 16.17 – kr 84.45 · fair‑value band kr 5.24 – kr 17.32 · the kr 19.50 price screens above the kr 10.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Volvo Car AB (VOLCAR-B) currently trades at kr 19.50, while our model-based Fair Value estimate is kr 10.90, implying the stock looks roughly 44.1% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Volvo Car AB generated revenue of 347B SEK at a net margin of 0.2%. Revenue declined 12.5% year over year. It earns a return on equity of -2.2%. The balance sheet holds a net cash position of 19.8B SEK. Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 5.24 (bear case) to kr 17.32 (bull case); at kr 19.50, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 47% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 32% fair-value upside, at -44%, VOLCAR-B screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF kr 54.96 kr 79.33 kr 114.94 80
Residual Income kr 33.17 kr 30.63 kr 20.43 76
Rev-Margin DCF kr 24.82 kr 28.56 kr 33.29 74
All 26 models by family
DCF Models
FCF DCF kr 54.39 kr 82.41 kr 126.33 38
Owner Earnings kr 13.12 kr 16.20 kr 21.01 31
5Y Revenue Exit kr 24.82 kr 27.75 kr 30.55 39
5Y EBITDA Exit kr 67.58 kr 109.32 kr 158.85 41
5Y P/E Exit kr 24.49 kr 27.11 kr 29.39 38
10Y Revenue Exit kr 34.91 kr 40.28 kr 46.12 36
10Y EBITDA Exit kr 62.43 kr 97.53 kr 145.89 37
10Y P/E Exit kr 34.74 kr 39.84 kr 45.22 35
Earnings-Based
Graham-Dodd kr 0.4000 kr 1.36 kr 1.83 54
Lynch FV kr 0.3100 kr 0.4500 kr 0.5800 50
PEG = 1.0 kr 0.3100 kr 0.4500 kr 0.5800 46
EPV kr 8.79 kr 8.91 kr 9.02 59
Dividend Discount
Gordon GGM kr 2.62 kr 5.45 kr 8.64 70
DDM Multi-Stage kr 2.62 kr 4.52 kr 5.72 61
Multiples
P/E Multiple kr 0.9700 kr 1.29 kr 1.61 63
P/S Multiple kr 0.7500 kr 1.00 kr 1.25 58
P/B Multiple kr 0.7500 kr 1.00 kr 1.25 55
EV/EBIT kr 10.16 kr 10.86 kr 11.57 53
EV/EBITDA kr 82.14 kr 106.85 kr 131.55 54
EV/Revenue kr 9.47 kr 10.08 kr 10.69 43
Asset-Based
NCAV (Graham) kr 24.81 kr 33.24 kr 49.61 50
Growth DCF
Growth DCF kr 54.96 kr 79.33 kr 114.94 80
Rev-Margin DCF kr 24.82 kr 28.56 kr 33.29 74
Economic Profit
Residual Income kr 33.17 kr 30.63 kr 20.43 76
ROIC Compounder kr 8.79 kr 8.91 kr 9.02 72
Growth Earnings
Growth-Adj P/E kr 0.8200 kr 1.18 kr 1.53 68

Widest divergence: DCF Models (kr 39.84) versus Earnings-Based (kr 0.4500). Highest evidence: Growth DCF (80).

Notify me when VOLCAR-B reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 347B SEK
Revenue growth (YoY) -12.5%
Net margin 0.2%
Return on equity -2.2%
Free cash flow 11.8B SEK FY2025
P/E ratio 97.5
More key figures
Operating margin 2.0%
EPS (TTM) kr 0.2000
EPS growth (YoY) +35.0%
Net cash 19.8B SEK FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 29

Profitability 29
Margins and returns on capital today
Quality Growth 5
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 32
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 83
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Volvo Car AB (publ.) designs, develops, manufactures, markets, and sells cars in Sweden and internationally. The company offers battery electric vehicles; non-battery electric vehicles, such as plug-in hybrid, mild hybrid, and internal combustion engine cars; and electrified cars, as well as SUV, estate, and saloon cars.

Full company description

Volvo Car AB (publ.) designs, develops, manufactures, markets, and sells cars in Sweden and internationally. The company offers battery electric vehicles; non-battery electric vehicles, such as plug-in hybrid, mild hybrid, and internal combustion engine cars; and electrified cars, as well as SUV, estate, and saloon cars. It also provides vehicle parts and accessories, as well as provides maintenance contracts, extended warranties, connectivity, and in-car software services. The company offers cars under the Volvo Cars, Audi, BMW, Lexus, Mercedes, Tesla, and other brands name. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) operates as a subsidiary of Geely Sweden Holdings AB.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Volvo Car AB reported revenue of kr 357B in FY2025 versus kr 282B in FY2021, a compound +6.1%/yr. Reported net income was kr 174M in FY2025, compounding −65.7%/yr from FY2021.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
357B SEK
Latest YoY
−10.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.3%
Avg. growth/yr (13Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.4%
Revenue +6.1%/yr
FY21 kr 282B
FY22 kr 330B
FY23 kr 399B
FY24 kr 400B
FY25 kr 357B
Net income −65.7%/yr
FY21 kr 12.5B
FY22 kr 15.6B
FY23 kr 13.1B
FY24 kr 15.4B
FY25 kr 174M
Character of growth · EPS growth decomposed (2015-2025) −37.8 % p.a.
Revenue per share −37.3 pp

of which total revenue +9.9 pp · buybacks/dilution −47.3 pp

EBIT margin −4.3 pp
Tax rate −1.8 pp
Residual (interest, one-offs) +5.7 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

VOLCAR-B screens 44% overvalued. Compare with Toyota Motor Corporation →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Volvo Car AB Fair Value". https://www.fairvalue-calculator.com/stock/VOLCAR-B

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Auto Manufacturers · 119 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Below median
Fair Value upside −44% · Bottom 25%
Return on assets 2% · Above median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth -13% · Bottom 25%
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Auto Manufacturers median · lower = cheaper

P/E (TTM) 97.5× · Pricier than 75% of peers
P/B 0.38× · Cheaper than 75% of peers
P/S (TTM) 0.16× · Cheaper than 75% of peers
P/FCF 0.5× · Cheaper than median
EV/EBITDA 1.4× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 31
FUTURE 0 · sector 33
PAST 0 · sector 20
HEALTH 89 · sector 94
DIVIDEND 0 · sector 46

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto Manufacturers stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Toyota Motor Corporation TM $188.22 $247.83 +32%
BYD Company 81211 HK$76.90 HK$48.59 -37%
Hyundai Motor Company 005380 418,500 KRW 567,393 KRW +36%
Bayerische Motoren Werke Aktiengesellschaft BMWM5N 1,909 MXN 2,610 MXN +37%
Volkswagen AG VOW 2,149 CZK 7,783 CZK +262%
Maruti Suzuki India Limited MARUTI ₹13,875 ₹8,236 -41%
Kia Corporation 000270 135,600 KRW 341,751 KRW +152%
Weichai Power Co 2338 HK$36.40 HK$28.46 -22%
Geely Automobile Holdings 80175 HK$15.50 HK$19.14 +23%
Bajaj Auto Limited BAJAJAUTO ₹11,700 ₹4,574 -61%

Compare Volvo Car AB with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Volvo Car AB (VOLCAR-B) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 10.90 versus a price of kr 19.50, about −44% (overvalued).
What is the fair value of VOLCAR-B?
Our model-based fair value for Volvo Car AB is kr 10.90 (as of Aug 13, 2026), built from audited fundamentals. The current price is kr 19.50.
What is the quality score of VOLCAR-B?
Volvo Car AB has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Volvo Car AB (VOLCAR-B)?
Volvo Car AB reported trailing-twelve-month revenue of about 347B SEK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of VOLCAR-B?
The net profit margin of Volvo Car AB is about 0.2%, meaning it keeps roughly 0.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Volvo Car AB and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.