Saturday, February 25, 2012

Renault: Trading Considerably below SOTP

Renault (RNO:FP) is a French automaker that designs, produces and markets passenger cars and light commercial vehicles. What most people don't know is that Renault holds substantial stakes in Nissan, Volvo, Daimler and AvtoVaz. The company also owns 99% of Dacia and 80% of its JV with Samsung (Renault Samsung Motors).

Besides this the Company also owns RCI Banque, a financing arm that provides automotive financing for all three of Renault's brands.

The diagram below sums up Renault's stakes: