Stocktoria

Vestas Wind Systems A/S VWS.CO

DK · Nasdaq Copenhagen · XCSE · stock · Industrials · website

Vestas Wind Systems A/S statistics & valuation

Market cap€200.7B
P / E257.9×
P / S10.7×
P / B51.9×
P / FCF199.1×
Dividend yield0.04%
Net margin4.1%
Return on equity20.1%
FCF margin5.4%
Net cash€993.0M
Enterprise value USD$29.9B
Earnings yield EBIT/EV0.5%
Return on capital12%
Graham number -96%€8.26

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€8.26); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-10.90% 0.50% 2.90% 4.10% 2022202320242025
Gross margin (%)
0.80% 8.30% 11.90% 13.30% 2022202320242025
Operating margin (%)
-8.00% 0.20% 4.30% 5.70% 2022202320242025
Return on equity (%)
-51.60% 2.50% 14.10% 20.10% 2022202320242025
Shares outstanding
981.3M 981.3M 981.3M 981.3M 2022202320242025
Net debt (€)
€75.0M €99.0M -€514.0M -€993.0M 2022202320242025
Share buybacks (€)
€0 €11.0M €40.0M €282.0M 2022202320242025
Return on assets (%)
-7.80% 0.30% 2.00% 3.00% 2022202320242025
Free cash flow margin (%)
-7.00% 0.90% 6.80% 5.40% 2022202320242025
Debt / equity (×)
0.80× 1.12× 0.93× 0.87× 2022202320242025
EPS (€)
-€1.56 €0.08 €0.49 €0.77 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin13.3%11.9%8.3%0.8%
Operating margin5.7%4.3%0.2%-8.0%
Net margin4.1%2.9%0.5%-10.9%
FCF margin5.4%6.8%0.9%-7.0%
Return on assets3.0%2.0%0.3%-7.8%
Return on equity20.1%14.1%2.5%-51.6%
Current ratio1.001.041.061.01

Computed from company filings · DK · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.