Stockchase Opinions

Paul Harris, CFA Bayerische Motoren Werke AG BMW-GR COMMENT May 21, 2019

Potential in electric car division? Great company, great brand. 8X earnings, 4.1% dividend yield. One issue is their EBITDA margin used to be 10% and has come down to 7.7%. Tariff issues may affect European cars next. On the electric car side they've got the i3 and i8, but one issue he has with them is the fact that they are not accelerating their electric business and they think it's going to be a slower move, whereas Tesla and others feels it's going to be faster, thinks that's going to hurt them. One of the top brand in the world.
$64.820

Stock price when the opinion was issued

Automotive
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