VWS DC

Vestas Wind Systems A/S

Industrial/Transportation


Presented:11/30/2022
Price:DKK179.46
Cap:$27.06B
Current Price:DKK125.65
Cap:$18.94B

Presented

Date11/30/2022
PriceDKK179.46
Market Cap$27.06B
Ent Value$22.80B
P/E RatioN/A
Book ValueDKK27.35
Div Yield0.21%
Shares O/S1,009.13M
Ave Daily Vol2,577,204
Short IntN/A

Current

PriceDKK125.65
Market Cap$18.94B
Vestas Wind Systems A/S engages in the development, manufacture, sale, and maintenance of wind power plants. It operates through the Power Solutions and Service segments. The Power Solutions segment contains sale of onshore and offshore wind power plants, wind turbines, and development sites. The Service segment offers service contracts, spare parts, and related activities. The company was founded by Smith Hansen and Peder Hansen in 1945 and is headquartered in Aarhus, Denmark.

Publicly traded companies mentioned herein: General Electric Co (GE), Siemens AG (SIE GR), Vestas Wind Systems (VWS DC)

Highlights

The presenter is long shares of Vestas Wind Systems (VWS DC), a €25B market cap company that designs, manufactures, installs, and services wind turbines globally. This has been a challenging industry historically with long periods of unprofitable operations. However, it seems to be increasingly attractive based on positive trends in the competitive landscape, pricing, costs, and demand. The presenter expects these tailwinds and VWS’s strong position to drive continued growth and margin expansion, and he sees 100% upside to the EBIT multiple if VWS executes and ESG stocks come back into favor.

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Idea Discussion

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