VOLKSWAGEN-ADR (VLKAY) is the largest automobile manufacturer in Europe. Their activities focus on the automotive market and they offer products and services along the entire automotive value chain. With nine independent brands, they are able to offer a unique range of models from the extremely efficient 3-liter car to the great sporting tradition of Bentley. While each of the brands has a distinct personality, it also benefits from its membership of the Volkswagen Group with its global manufacturing base

Volkswagen just doesn't seem able to shake loose of their pollution-control scandal and their use of defeat devices to cheat on vehicle emissions tests. The German government has arrested luxury subsidiary Audi CEO, Rupert Stadler due to fears that he would interfere into a probe of his role in the cheating program.

Volkswagen admitted to cheating emissions tests for popular diesel models in many lines--including Audi. They have since paid @ $25 billion for various fines, penalties, and programs to replace vehicles for customers. While they settled their case in the US back in 2016, in Germany the criminal probe into the scandal continues.

We had been more hopeful for the stock for much of 2017 and 2018, but now our models have recalculated the underlying fundamentals and only find the stock to be worth a HOLD rating.

We continue our HOLD recommendation on VOLKSWAGEN-ADR for 2018-06-15. Based on the information we have gathered and our resulting research, we feel that VOLKSWAGEN-ADR has the probability to ROUGHLY MATCH average market performance for the next year. The company exhibits ATTRACTIVE Company Size but UNATTRACTIVE Sharpe Ratio.

Valuation & Rankings
Valuation	n/a	Valuation Rank	n/a
1-M Forecast Return	-0.02%	1-M Forecast Return Rank	49
12-M Return	20.42%	Momentum Rank	70
Sharpe Ratio	-0.09	Sharpe Ratio Rank	40
5-Y Avg Annual Return	-2.76%	5-Y Avg Annual Rtn Rank	38
Volatility	32.35%	Volatility Rank	48
Expected EPS Growth	36.12%	EPS Growth Rank	66
Market Cap (billions)	54.21	Size Rank	98
Trailing P/E Ratio	7.35	Trailing P/E Rank	97
Forward P/E Ratio	5.40	Forward P/E Ratio Rank	96
PEG Ratio	0.20	PEG Ratio Rank	76
Price/Sales	0.20	Price/Sales Rank	95
Market/Book	0.93	Market/Book Rank	82
Beta	1.82	Beta Rank	12
Alpha	-0.04	Alpha Rank	45