Vestas Wind Systems A/S

Factors to consider:

• Company pays dividends (irregularly): last record date 2025-04-10, amount 0.08$ (Y0.28%)
• Current price 23.8% above estimated high
• Earnings for 9 months up through Q3 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [12.08$, 23.08$]
• 2025-12-31 to 2026-12-31 estimated range: [12.26$, 22.99$]

Financial Metrics affecting the VWSYF estimates:

• Positive: with PPE of 26.7 at the end of fiscal year the price was low
• Positive: -5.02 < Operating profit margin, % of 4.59
• Positive: Operating cash flow per share per price, % of 17.75 > 12.91
• Negative: Shareholder equity ratio, % of 14.32 <= 19.35
• Negative: Industry operating cash flow per share per price (median), % of 4.18 <= 5.42
• Negative: 0 < Industry inventory ratio change (median), % of 0.05
• Negative: Industry earnings per price (median), % of 2.86 <= 4.45